MUKANDLTD2023-01-012023-03-31 MUKANDLTD2023-01-012023-03-31 MUKANDLTD2023-01-012023-03-31in-bse-fin:OneOperatingExpenses01Member MUKANDLTD2023-01-012023-03-31in-bse-fin:OneOperatingExpenses02Member MUKANDLTD2023-01-012023-03-31in-bse-fin:OneOperatingExpenses03Member MUKANDLTD2023-01-012023-03-31in-bse-fin:FourOperatingExpenses01Member MUKANDLTD2023-01-012023-03-31in-bse-fin:FourOperatingExpenses02Member MUKANDLTD2023-01-012023-03-31in-bse-fin:FourOperatingExpenses03Member MUKANDLTD2023-03-31 MUKANDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue01Member MUKANDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue02Member MUKANDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentRevenue03Member MUKANDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue01Member MUKANDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue02Member MUKANDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentRevenue03Member MUKANDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults01Member MUKANDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults02Member MUKANDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentResults03Member MUKANDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults01Member MUKANDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults02Member MUKANDLTD2023-01-012023-03-31in-bse-fin:FourReportableSegmentResults03Member MUKANDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets01Member MUKANDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets02Member MUKANDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentAssets03Member MUKANDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member MUKANDLTD2023-03-31in-bse-fin:OneReportableSegmentLiabilities01Member MUKANDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member MUKANDLTD2023-03-31in-bse-fin:OneReportableSegmentLiabilities02Member MUKANDLTD2023-01-012023-03-31in-bse-fin:OneReportableSegmentLiabilities03Member MUKANDLTD2023-03-31in-bse-fin:OneReportableSegmentLiabilities03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500460 MUKANDLTD NOTLISTED Mukand Limited Equity 2022-04-01 2023-03-31 2023-05-16 2023-04-07 INR Crores Yearly 12:00:00 14:45:00 2023-05-16 2023-05-16 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2023-01-01 2023-03-31 Audited Standalone 13461700000.00 5537300000.00 18999000000.00 10029200000.00 3700000.00 1553400000.00 567500000.00 364700000.00 143600000.00 5000800000.00 17662900000.00 1336100000.00 0.00 1336100000.00 38800000.00 -46100000.00 -7300000.00 0.00 1343400000.00 0.00 0.00 0.00 0.00 1343400000.00 44900000.00 1388300000.00 0.00 0.00 1445100000.00 10 9.30 9.30 0.00 0.00 9.30 9.30 1) The above results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on May 16, 2023. 2) The Board of Directors have recommended a dividend of Rs.2/- per equity share (20%), subject to approval of shareholders. 3) The company has completed the transfer of 45.94 acres of surplus land at our Kalwe / Dighe facility in Thane District on January 5, 2023. This transaction has been accounted and the resultant surplus has been included in other income. The amount realized is mainly utilized to repay debt and this will entail a substantial reduction in interest costs. 4) Petitions filed with National Company Law Tribunal (NCLT) for Scheme of amalgamation between Adore Traders and Realtors Private Limited, a wholly owned subsidiary of Mukand Global Finance Limited (MGFL) with the parent company MGFL, followed by the amalgamation of MGFL and Mukand Engineers Limited (MEL), an Associate with the Company has been approved by NCLT on April 29, 2022 and a certified copy of the order has been filed with the Registrar of Companies, Mumbai Maharashtra, on May 31, 2022. The Scheme is made effective from the appointed date April 1, 2019. Though the appointed date of MGFL for amalgamation as per the NCLT approved Scheme is April 1, 2019, as per the requirements of Appendix C to Ind AS 103 “Business Combination’, the combination has been accounted for as if it had occurred from the beginning of the preceding period in the financial statements. Accordingly, the amounts relating to the year 2021-2022 includes the impact of the business combination and the corresponding amounts for the corresponding quarter and financial year presented have been restated after recognising the effect of the amalgamation as above. As regards amalgamation of MEL, an associate, amalgamated from appointed date April 1, 2019 being acquisition date in terms of the NCLT approved Scheme, as per accounting treatment as approved by NCLT, the Company has partially adjusted the difference arising between the consideration paid and aggregate of fair value of net assets taken over as on the appointed date against balance of the Securities Premium arising pursuant to the Scheme in the books of Company. Further Earning per Share presented in the above results is restated on account of increased capital of the Company. The figures in respect of previous year’s quarter / year are stated as computed and restated by the Management. The effect of both the amalgamation on the amounts of Revenue and Profit after tax published in previous periods are as shown below: Figures in crores Particulars Quarter ended Year Ended 31-03-2022 31-03-2022 Revenue from operations: As published in previous periods 1,319.61 4,623.19 As restated for the effect of amalgamation 1,328.53 4,642.93 Profit after tax: As published in previous periods 50.23 122.12 As restated for the effect of amalgamation 46.79 91.62 5) The figures of last quarter are the balancing figures between audited figures in respect of full financial year and the published year to date figures upto the third quarter of the current financial year, which were subjected to Limited Review. 6) Figures in respect of the previous period have been regrouped / recast wherever necessary in case of the above results. Multi segment 2022-04-01 2023-03-31 Audited Standalone 56183600000.00 5851100000.00 62034700000.00 39959700000.00 10700000.00 -312200000.00 2045700000.00 1751700000.00 511900000.00 16124500000.00 60092000000.00 1942700000.00 0.00 1942700000.00 39900000.00 48000000.00 87900000.00 0.00 1854800000.00 0.00 0.00 0.00 0.00 1854800000.00 57400000.00 1912200000.00 0.00 0.00 1445100000.00 10 7369700000.00 12.84 12.84 0.00 0.00 12.84 12.84 Expenditure transfrred to capital Account/Capital Work in Progress 0.00 Other Expenditure 3065000000.00 Stores , Spares, Components, Tools etc. Consumed 1935800000.00 Expenditure transfrred to capital Account/Capital Work in Progress -17900000.00 Other Expenditure 8896400000.00 Stores , Spares, Components, Tools etc. Consumed 7246000000.00 4451300000.00 297100000.00 0.00 0.00 22800000.00 0.00 0.00 0.00 1170400000.00 0.00 0.00 182200000.00 1352600000.00 734000000.00 769400000.00 7627200000.00 14465200000.00 1575900000.00 5175700000.00 365800000.00 23800000.00 505700000.00 787600000.00 8434500000.00 1111200000.00 24010900000.00 188100000.00 0.00 31826200000.00 1445100000.00 7369700000.00 8814800000.00 8814800000.00 14483900000.00 0.00 2500000.00 14486400000.00 631400000.00 0.00 0.00 0.00 15117800000.00 562300000.00 5406000000.00 199000000.00 6167300000.00 1644500000.00 81800000.00 0.00 0.00 7893600000.00 0.00 0.00 23011400000.00 31826200000.00 Industrial Machinary & Engineering Contracts 372400000.00 Specialty Steel 13091700000.00 less:Inter Segment Margin 0.00 Industrial Machinary & Engineering Contracts 1403300000.00 Specialty Steel 54801800000.00 less:Inter Segment Margin 0.00 13464100000.00 56205100000.00 2400000.00 21500000.00 13461700000.00 56183600000.00 Industrial Machinary & Engineering Contracts -98000000.00 Specialty Steel 1993800000.00 less:Inter Segment Margin -400000.00 Industrial Machinary & Engineering Contracts -222500000.00 Specialty Steel 4033200000.00 less:Inter Segment Margin -3600000.00 1895400000.00 3807100000.00 364700000.00 1751700000.00 194600000.00 112700000.00 1336100000.00 1942700000.00 Industrial Machinary & Engineering Contracts 2536600000.00 Specialty Steel 24391000000.00 less:Inter Segment Margin 0.00 26927600000.00 4898600000.00 31826200000.00 Industrial Machinary & Engineering Contracts 1039800000.00 Specialty Steel 6391300000.00 less:Inter Segment Margin 0.00 7431100000.00 15580300000.00 23011400000.00 0.00 143600000.00 -517200000.00 0.00 471400000.00 185700000.00 -68100000.00 462700000.00 0.00 323400000.00 0.00 -551400000.00 0.00 511900000.00 0.00 0.00 0.00 46600000.00 1650800000.00 0.00 0.00 0.00 0.00 0.00 0.00 -2819900000.00 0.00 0.00 0.00 -160500000.00 1782200000.00 0.00 0.00 0.00 47800000.00 0.00 1734400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6806100000.00 617900000.00 0.00 607700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 200000.00 0.00 0.00 0.00 0.00 5580700000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9900000.00 5328900000.00 0.00 0.00 215900000.00 1827600000.00 0.00 0.00 -7362500000.00 -47400000.00 0.00 -47400000.00 413200000.00 365800000.00 44900000.00 57400000.00 0.00 0.00 0.00 0.00