5004602026-01-012026-03-315004602026-03-315004602025-03-315004602025-04-012026-03-315004602026-01-012026-03-31in-capmkt:OtherExpenses1Member5004602026-01-012026-03-31in-capmkt:OtherExpenses2Member5004602026-01-012026-03-31in-capmkt:OtherExpenses3Member5004602025-04-012026-03-31in-capmkt:OtherExpenses1Member5004602025-04-012026-03-31in-capmkt:OtherExpenses2Member5004602025-04-012026-03-31in-capmkt:OtherExpenses3Member5004602026-03-31OtherNoncurrentFinancialAssetsDomain15004602026-03-31OtherNoncurrentAssetsDomain15004602026-03-31OtherCurrentFinancialAssetsDomain15004602026-03-31OtherCurrentFinancialAssetsDomain25004602026-03-31OtherCurrentAssetsDomain15004602026-03-31OtherNoncurrentFinancialLiabilitiesDomain15004602026-03-31OtherCurrentFinancialLiabilitiesDomain15004602026-03-31OtherCurrentLiabilitiesDomain15004602026-03-31OtherCurrentLiabilitiesDomain25004602026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15004602026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25004602026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss35004602026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss45004602025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15004602025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss25004602025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss35004602025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss45004602026-01-012026-03-31RelatedPartyTransactionDomain15004602025-12-31RelatedPartyTransactionDomain15004602026-03-31RelatedPartyTransactionDomain15004602026-01-012026-03-31RelatedPartyTransactionDomain25004602025-12-31RelatedPartyTransactionDomain25004602026-03-31RelatedPartyTransactionDomain25004602026-01-012026-03-31RelatedPartyTransactionDomain35004602025-12-31RelatedPartyTransactionDomain35004602026-03-31RelatedPartyTransactionDomain35004602026-01-012026-03-31RelatedPartyTransactionDomain45004602025-12-31RelatedPartyTransactionDomain45004602026-03-31RelatedPartyTransactionDomain45004602026-01-012026-03-31RelatedPartyTransactionDomain55004602025-12-31RelatedPartyTransactionDomain55004602026-03-31RelatedPartyTransactionDomain55004602026-01-012026-03-31RelatedPartyTransactionDomain65004602025-12-31RelatedPartyTransactionDomain65004602026-03-31RelatedPartyTransactionDomain65004602026-01-012026-03-31RelatedPartyTransactionDomain75004602025-12-31RelatedPartyTransactionDomain75004602026-03-31RelatedPartyTransactionDomain75004602026-01-012026-03-31RelatedPartyTransactionDomain85004602025-12-31RelatedPartyTransactionDomain85004602026-03-31RelatedPartyTransactionDomain85004602026-01-012026-03-31RelatedPartyTransactionDomain95004602025-12-31RelatedPartyTransactionDomain95004602026-03-31RelatedPartyTransactionDomain95004602026-01-012026-03-31RelatedPartyTransactionDomain105004602025-12-31RelatedPartyTransactionDomain105004602026-03-31RelatedPartyTransactionDomain105004602026-01-012026-03-31RelatedPartyTransactionDomain115004602025-12-31RelatedPartyTransactionDomain115004602026-03-31RelatedPartyTransactionDomain115004602026-01-012026-03-31RelatedPartyTransactionDomain125004602025-12-31RelatedPartyTransactionDomain125004602026-03-31RelatedPartyTransactionDomain125004602026-01-012026-03-31RelatedPartyTransactionDomain135004602025-12-31RelatedPartyTransactionDomain135004602026-03-31RelatedPartyTransactionDomain135004602026-01-012026-03-31RelatedPartyTransactionDomain145004602025-12-31RelatedPartyTransactionDomain145004602026-03-31RelatedPartyTransactionDomain145004602026-01-012026-03-31RelatedPartyTransactionDomain155004602025-12-31RelatedPartyTransactionDomain155004602026-03-31RelatedPartyTransactionDomain155004602026-01-012026-03-31RelatedPartyTransactionDomain165004602025-12-31RelatedPartyTransactionDomain165004602026-03-31RelatedPartyTransactionDomain165004602026-01-012026-03-31RelatedPartyTransactionDomain175004602025-12-31RelatedPartyTransactionDomain175004602026-03-31RelatedPartyTransactionDomain175004602026-01-012026-03-31RelatedPartyTransactionDomain185004602025-12-31RelatedPartyTransactionDomain185004602026-03-31RelatedPartyTransactionDomain185004602026-01-012026-03-31RelatedPartyTransactionDomain195004602025-12-31RelatedPartyTransactionDomain195004602026-03-31RelatedPartyTransactionDomain195004602026-01-012026-03-31RelatedPartyTransactionDomain205004602025-12-31RelatedPartyTransactionDomain205004602026-03-31RelatedPartyTransactionDomain205004602026-01-012026-03-31RelatedPartyTransactionDomain215004602025-12-31RelatedPartyTransactionDomain215004602026-03-31RelatedPartyTransactionDomain215004602026-01-012026-03-31RelatedPartyTransactionDomain225004602025-12-31RelatedPartyTransactionDomain225004602026-03-31RelatedPartyTransactionDomain225004602026-01-012026-03-31RelatedPartyTransactionDomain235004602025-12-31RelatedPartyTransactionDomain235004602026-03-31RelatedPartyTransactionDomain235004602026-01-012026-03-31RelatedPartyTransactionDomain245004602025-12-31RelatedPartyTransactionDomain245004602026-03-31RelatedPartyTransactionDomain245004602026-01-012026-03-31RelatedPartyTransactionDomain255004602025-12-31RelatedPartyTransactionDomain255004602026-03-31RelatedPartyTransactionDomain255004602026-01-012026-03-31RelatedPartyTransactionDomain265004602025-12-31RelatedPartyTransactionDomain265004602026-03-31RelatedPartyTransactionDomain265004602026-01-012026-03-31RelatedPartyTransactionDomain275004602025-12-31RelatedPartyTransactionDomain275004602026-03-31RelatedPartyTransactionDomain275004602026-01-012026-03-31RelatedPartyTransactionDomain285004602025-12-31RelatedPartyTransactionDomain285004602026-03-31RelatedPartyTransactionDomain285004602026-01-012026-03-31RelatedPartyTransactionDomain295004602025-12-31RelatedPartyTransactionDomain295004602026-03-31RelatedPartyTransactionDomain295004602026-01-012026-03-31RelatedPartyTransactionDomain305004602025-12-31RelatedPartyTransactionDomain305004602026-03-31RelatedPartyTransactionDomain305004602026-01-012026-03-31RelatedPartyTransactionDomain315004602025-12-31RelatedPartyTransactionDomain315004602026-03-31RelatedPartyTransactionDomain315004602026-01-012026-03-31RelatedPartyTransactionDomain325004602025-12-31RelatedPartyTransactionDomain325004602026-03-31RelatedPartyTransactionDomain325004602026-01-012026-03-31RelatedPartyTransactionDomain335004602025-12-31RelatedPartyTransactionDomain335004602026-03-31RelatedPartyTransactionDomain335004602026-01-012026-03-31RelatedPartyTransactionDomain345004602025-12-31RelatedPartyTransactionDomain345004602026-03-31RelatedPartyTransactionDomain345004602026-01-012026-03-31RelatedPartyTransactionDomain355004602025-12-31RelatedPartyTransactionDomain355004602026-03-31RelatedPartyTransactionDomain355004602026-01-012026-03-31RelatedPartyTransactionDomain365004602025-12-31RelatedPartyTransactionDomain365004602026-03-31RelatedPartyTransactionDomain365004602026-01-012026-03-31RelatedPartyTransactionDomain375004602025-12-31RelatedPartyTransactionDomain375004602026-03-31RelatedPartyTransactionDomain375004602026-01-012026-03-31RelatedPartyTransactionDomain385004602025-12-31RelatedPartyTransactionDomain385004602026-03-31RelatedPartyTransactionDomain385004602026-01-012026-03-31RelatedPartyTransactionDomain395004602025-12-31RelatedPartyTransactionDomain395004602026-03-31RelatedPartyTransactionDomain395004602026-01-012026-03-31RelatedPartyTransactionDomain405004602025-12-31RelatedPartyTransactionDomain405004602026-03-31RelatedPartyTransactionDomain405004602026-01-012026-03-31RelatedPartyTransactionDomain415004602025-12-31RelatedPartyTransactionDomain415004602026-03-31RelatedPartyTransactionDomain415004602026-01-012026-03-31RelatedPartyTransactionDomain425004602025-12-31RelatedPartyTransactionDomain425004602026-03-31RelatedPartyTransactionDomain425004602026-01-012026-03-31RelatedPartyTransactionDomain435004602025-12-31RelatedPartyTransactionDomain435004602026-03-31RelatedPartyTransactionDomain435004602026-01-012026-03-31RelatedPartyTransactionDomain445004602025-12-31RelatedPartyTransactionDomain445004602026-03-31RelatedPartyTransactionDomain445004602026-01-012026-03-31RelatedPartyTransactionDomain455004602025-12-31RelatedPartyTransactionDomain455004602026-03-31RelatedPartyTransactionDomain455004602026-01-012026-03-31RelatedPartyTransactionDomain465004602025-12-31RelatedPartyTransactionDomain465004602026-03-31RelatedPartyTransactionDomain465004602026-01-012026-03-31RelatedPartyTransactionDomain475004602025-12-31RelatedPartyTransactionDomain475004602026-03-31RelatedPartyTransactionDomain475004602026-01-012026-03-31RelatedPartyTransactionDomain485004602025-12-31RelatedPartyTransactionDomain485004602026-03-31RelatedPartyTransactionDomain485004602026-01-012026-03-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares500460MUKANDLTDNOTLISTEDINE304A01026Mukand LimitedMain BoardEquity2025-04-012026-03-312026-05-142026-04-13INRCroresQuarterlyFourth quarterSingle segmentIron and Steel2026-05-1417:00:002026-05-1418:30:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsetrue2026-02-25https://www.mukand.com/wp-content/uploads/2025/04/RPT_Policy_Mukand-17-04-2025.pdffalsefalseAs there is no default on Loans and Debt Securities, the same is not applicable.2026-01-012026-03-31AuditedStandalone1217980000051444000001732420000089927000000-1922000004870000003722000001400000003132900000129326000004391600000043916000000-1212100000-12121000000560370000073900000073900000056776000001306000000698360000014451000001038.7838.780.510.5139.2939.29Notes: <BR> <BR> 1. The above results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 14, 2026. The Statutory auditors have carried out audit of the standalone financial results for the year ended March 31, 2026, and have issued an unmodified opinion. <BR> <BR> 2.The Board of Directors have recommended a final dividend of Rs. 3 per equity share (30%) including special dividend of Rs.1 per equity share (10%), which is subject to approval of Shareholders. <BR> <BR> 3.In the current quarter, the Company has executed two Conveyance deeds for the sale of land parcels of the Company, situated at Dighe (i) a portion of the land admeasuring approximately of 14.18 acres and (ii) 50% undivided share, right, title and interest into or upon the land parcels admeasuring approximately of 2.44 acres. This transaction has been accounted, and the resultant surplus has been included in Other Income. <BR> <BR> The sale of land admeasuring approximately 3.07 acres situated at Kalwe and 50% undivided share, right, title and interest into or upon the land parcels admeasuring approximately of 0.06 acres situated at Dighe was completed on May 12, 2026 upon receipt of the necessary approvals from the concerned Government authorities. The transaction will therefore be accounted for during the first quarter of FY 2026–27. Hence, the said land has been disclosed as “Assets Held for Sale” in accordance with Ind AS 105. <BR> <BR> 4.The Board of Directors of the Company in its meeting held on May 16, 2025 approved sale and transfer of part of Industrial Machinery Division namely designing, manufacturing, Erection and Commissioning of EOT Cranes, other material handling and process plant equipment activities of the Company (“Business”) on a going concern basis by way of slump sale to Mukand Heavy Engineering Limited (“MHEL”), a wholly owned subsidiary of the Company, through execution of Business Transfer Agreement (“BTA”). The BTA was executed on October 18, 2025. The slump sale has been completed on March 31, 2026, after the closing hours against the receipt of purchase consideration of Rs.45.78 crore discharged in the form of 26,347 equity shares fully paid up, issued and allotted by MHEL. The difference, being the surplus of value of purchase consideration received over net assets (i.e., the value of assets over the value of the liabilities) transferred to MHEL pursuant to the slump sale, has been credited to Capital Reserve. <BR> <BR> Summary of Asset and Liabilities transferred: <BR> <BR> Particulars Amount <BR> <BR> Total Assets (A) 91.62 <BR> Total Liabilities (B) 46.37 <BR> <BR> Net Assets (A-B) 45.25 <BR> <BR> Less: Purchase Consideration Received 45.78 <BR> Capital Reserve 0.53 <BR> <BR> Other Comprehensive Income for the current quarter and year ended includes Rs.173.65 crores towards change in fair value of investment in MHEL. <BR> <BR> As per the applicable Ind AS, the Business is disclosed as Discontinued Operations for all the periods presented in these standalone financial results of the Company in accordance with Ind AS 105. Since the transaction is with a wholly owned subsidiary Company, there is no impact on the audited consolidated financial results. <BR> <BR> The results of the Business classified as Discontinued Operations in the audited standalone financial results are as under: <BR> <BR> Particulars Quarter Ended Year Ended <BR> 31-Mar-2026 31-Dec-2025 31-Mar-2025 31-Mar-2026 31-Mar-2025 <BR> Total Income 53.34 30.74 59.93 129.81 226.55 <BR> Total Expenses 45.95 34.88 49.16 137.27 192.20 <BR> Profit / (loss) before exceptional items and tax 7.39 (4.14) 10.77 (7.46) 34.35 <BR> Exceptional items - - - - <BR> Profit / (loss) before tax 7.39 (4.14) 10.77 (7.46) 34.35 <BR> Total tax expenses / (benefit) - - - - - <BR> Net profit /(loss) for the period 7.39 (4.14) 10.77 (7.46) 34.35 <BR> <BR> 5.The Government of India has implemented four new labour codes (“Codes”) including the code on Wages, 2019, w.e.f. 21st November 2025. The Company has given effect of Gratuity and Leave Encashment considering uniform definition of “wages” as per the Code on Wages in standalone financial results and consolidated financial results for the year ended 31st March 2026. The Government of India has notified the related rules under the New Labour Codes on 8th May, 2026. The Company is in the process of evaluating impact of these Rules and pending State Rules and other aspects of Labour Code, would provide appropriate accounting effects on the basis of such developments as and when needed. <BR> <BR> 6.Since the Segment information as per Ind AS 108 Operating Segment is provided on the basis of Consolidated Financial Results, the same is not provided separately for Standalone Financial Results. <BR> <BR> 7.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 up to the third quarter of the respective financial year, which were subjected to Limited Review. <BR> <BR> 8.Figures in respect of the previous period have been regrouped / recast wherever necessary in case of the above results. <BR> <BR> By Order of the Board of Directors <BR> For Mukand Ltd., <BR> <BR> <BR> <BR> Niraj Bajaj <BR> Chairman & Managing Director <BR> <BR> Place : Mumbai <BR> Date : May 14, 2026 <BR> 2025-04-012026-03-31AuditedStandalone47623000000574140000053364400000357485000000-44297000001994100000144580000054330000012561100000478631000005501300000055013000000-920200000-92020000006421500000-746000000-7460000006346900000127400000076209000001445100000101549030000044.4444.44-0.52-0.5243.9243.92Stores, Spares Components, Tools etc,1519900000Other Expenditure1671300000Expenditure transferred to Capital Account/ Capital work-in-Progress-58300000Stores, Spares Components, Tools etc,5878700000Other Expenditure6740700000Expenditure transferred to Capital Account/ Capital work-in-Progress-5830000045522000005517000000109000002486900000024815000001733000005141700000744100000113230000012132900000238407000001000000003735300000153600000414000000572900000460320000011232000002956710000099900000417999000001445100000154903000001693540000016935400000265630000045000002660800000520300000318110000014310700000509100000495250000054616000002999000002007220000016112000000216834000002486450000041799900000Other non-current financial assets173300000Other non-current assets1132300000Short term loans275200000Other Financial Assets297700000Other current assets1123200000Other Financial liabilities4500000Other Financial Liabilities299900000Other Current Liabilities1541200000Short Term provisions700000001157600000-3762900000537400000022100000-315600000-1223900000562200000-300000-4787000000-15247000000543300000000-158300000800000000000-55482000000-798000000-10269000000-476770000000052700000-358700000-51791000000001000000000000616600000066240000000000000000000000510000000-9380000053149000000000000013736000000028780000012199000000-63000000-197100000-613000000-61300000214900000153600000Actuarial Gain/(Loss) on defined benefit obligations5100000Net Gains/(Loss) on Fair Value changes of Equity Instruments1736500000Deferred Tax (Charge)/Credit-439300000Actuarial Gain/(Loss) on defined benefit obligations37000001306000000Actuarial Gain/(Loss) on defined benefit obligations-30800000Net Gains/(Loss) on Fair Value changes of Equity Instruments1736500000Deferred Tax (Charge)/Credit-428500000Actuarial Gain/(Loss) on defined benefit obligations-32000001274000000000013060000001274000000MUKAND LIMITED******Bachharaj & Company Pvt Ltd******Promoter Group CompanyPurchase of goods or services800000Approved8000000100000MUKAND LIMITED******Bajaj General Insurance Co ltd******Company under Common ControlPurchase of goods or services15100000Approved1510000066000007900000MUKAND LIMITED******Bachhraj and Company Pvt Ltd******Promoter Group CompanyInterest paid43400000Approved4340000000MUKAND LIMITED******Bachhraj Factories Pvt Ltd******Promoter Group CompanyInterest paid38600000Approved3860000000MUKAND LIMITED******Bajaj Sevashram Pvt Ltd******Promoter Group CompanyInterest paid3000000Approved300000000MUKAND LIMITED******Jamnalal Sons Pvt Ltd******Promoter Group CompanyInterest paid93600000Approved9360000000MUKAND LIMITED******Baroda Industries Pvt. Ltd******Promoter Group CompanyInterest paid12700000Approved1270000000MUKAND LIMITED******KAMALNAYAN INVESTMENTS & TRADING PV******Promoter Group CompanyInterest paid3800000Approved380000000MUKAND LIMITED******MADHUR SECURITIES PVT LTD******Promoter Group CompanyInterest paid1900000Approved190000000MUKAND LIMITED******NIRAJ HOLDING PVT LTD******Promoter Group CompanyInterest paid3900000Approved390000000MUKAND LIMITED******Bajaj Sevashram Pvt Ltd******Promoter Group CompanyInter-corporate deposit400000000Approved4000000000402700000MUKAND LIMITED******Jamnalal Sons Pvt Ltd******Promoter Group CompanyInter-corporate deposit850000000Approved8500000001760000000756000000MUKAND LIMITED******KAMALNAYAN INVESTMENTS & TRADING PV******Promoter Group CompanyInter-corporate deposit500000000Approved5000000000503400000MUKAND LIMITED******MADHUR SECURITIES PVT LTD******Promoter Group CompanyInter-corporate deposit250000000Approved2500000000251700000MUKAND LIMITED******Bachhraj Factories Pvt Ltd******Promoter Group CompanyInter-corporate deposit500000000Approved500000000755800000252000000MUKAND LIMITED******Baroda Industries Pvt. Ltd******Promoter Group CompanyInter-corporate deposit250000000Approved2500000002519000000MUKAND LIMITED******NIRAJ HOLDING PVT LTD******Promoter Group CompanyInter-corporate deposit500000000Approved5000000000350200000MUKAND LIMITED******Bajaj Finserv Asset Management Company Ltd.******Promoter Group CompanyInvestment100000000Approved1000000000100000000MUKAND LIMITED******Bajaj Finserv Asset Management Company Ltd.******Promoter Group CompanySale of goods or services1100000Approved110000012000001200000MUKAND LIMITED******Bombay Forgings Ltd******AssociateAny other transactionReimbursements900000Approved90000043000005200000MUKAND LIMITED******Hind Musafir Agency Ltd******Promoter Group CompanyPurchase of goods or services6200000Approved6200000300000800000MUKAND LIMITED******Hindustan Housing Co. Ltd.******AssociatePurchase of goods or services500000Approved50000000MUKAND LIMITED******Hospet Steels Ltd******Promoter Group CompanyPurchase of goods or services448000000Approved44800000094200000129000000MUKAND LIMITED******Jamnalal Sons Pvt Ltd******Wholly owned SubsidiarySale of goods or services37400000Approved374000001670000000016714700000MUKAND LIMITED******Mukand Heavy Engineering Ltd.******Wholly owned SubsidiarySale of goods or services12400000Approved1240000000MUKAND LIMITED******Mukand Heavy Engineering Ltd.******Wholly owned SubsidiaryInterest received117300000Approved11730000000MUKAND LIMITED******Mukand Heavy Engineering Ltd.******Wholly owned SubsidiaryInter-corporate deposit476300000Approved47630000020497000002542800000MUKAND LIMITED******Mukand Sumi Special Steel Ltd******Company under Common ControlPurchase of goods or services271500000Approved27150000013054000001411000000MUKAND LIMITED******Mukand Sumi Special Steel Ltd******Company under Common ControlSale of goods or services9460300000Approved9460300000460500000417800000MUKAND LIMITED******Mukand Sumi Special Steel Ltd******Company under Common ControlPurchase of goods or services31200000Approved3120000000MUKAND LIMITED******Mukand Sumi Special Steel Ltd******Company under Common ControlSale of goods or services298800000Approved29880000000MUKAND LIMITED******Mukand Sumi Special Steel Ltd******Company under Common ControlInter-corporate deposit83000000Approved8300000000MUKAND LIMITED******Mukand Sumi Special Steel Ltd******Company under Common ControlInterest received100000Approved10000000MUKAND LIMITED******Niraj Bajaj******DirectorRemuneration9600000Approved960000000MUKAND LIMITED******Dhanesh K Goradia******KMPRemuneration3300000Approved330000000MUKAND LIMITED******Rajendra Sawant******KMPRemuneration2300000Approved230000000MUKAND LIMITED******Nirav Bajaj******DirectorRemuneration2200000Approved220000000MUKAND LIMITED******R Sankaran******DirectorRemuneration500000Approved50000000MUKAND LIMITED******A.M.Kulkarni******DIrectorRemuneration500000Approved50000000MUKAND LIMITED******Prem Kumar Chandrani******DirectorRemuneration500000Approved50000000MUKAND LIMITED******Smt. Tasneem Vikram Singh Mehta******DIrectorRemuneration500000Approved50000000MUKAND LIMITED******NIRAJ HOLDING PVT LTD******Promoter Group CompanyInter-corporate deposit850000000Approved85000000000MUKAND LIMITED******Bachhraj and Company Pvt Ltd******Promoter Group CompanyInter-corporate deposit750000000Approved750000000856600000100800000MUKAND LIMITED******Jamnalal Sons Pvt Ltd******Promoter Group CompanyInter-corporate deposit1850000000Approved185000000000MUKAND LIMITED******Mukand Heavy Engineering Ltd.******Wholly owned SubsidiaryAny other transactionSlump Sale457800000Approved45780000000MUKAND LIMITED******Mukand Heavy Engineering Ltd.******Wholly owned SubsidiaryInvestment457800000Approved45780000000MUKAND LIMITED******Mukand Heavy Engineering Ltd.******Wholly owned SubsidiaryPurchase of goods or services39000000Approved3900000000MUKAND LIMITED******Mukand Sumi Metals Processing Ltd.******Wholly owned SubsidiarySale of goods or services20000000Approved200000000420000019255800000AuditedtrueDHC & Cotrue2028-10-31