Mukand share price today

Mukand Ltd's share price was ₹149.36 at the close on 4 November 2026. It has been rising for 24 weeks. That is 5.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹116 and ₹177, and at that close it sat 55% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Mukand Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 10 weeks in a row.

Over the last 11 years the share price moved +367% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

7 points on a year earlier and highest quarterly revenue in 11 quarters.

1. Foreign funds (FIIs) cut their stake for 3 quarters in a row

   From 0.3% to 0.2% of the company by the September 2026 quarter.

2. Operating margin down 3.7 points on a year earlier

   0.5% in the June 2026 quarter, from 4.2%.

3. Highest quarterly revenue in 11 quarters

   Revenue of ₹1,362 crore in the June 2026 quarter is the highest of the last 11 quarters.

For April to June 2026 (the quarter ended 30 June 2026), Mukand reported revenue of ₹1,362 crore, up 20.6% from ₹1,129 crore a year earlier, and a profit of ₹57.0 crore, up 96.6% from ₹29.0 crore.

Mukand results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Mukand closed at ₹149.36 on 4 November 2026, up 10.7% from ₹134.92 a year earlier (7 November 2025) and up 8.0% over five years. Its highest weekly close since March 2016 was ₹199.80 on 2 February 2024.

Mukand share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Mukand closed at ₹149.36, up 5.7% on the week and down 13.6% on the month. 7 Aug 2026: ex-date for a dividend + special dividend of ₹3 a share.

Earlier

• Results for April to June 2026: Revenue up 20.6% and profit up 96.6% on a year earlier.

Mukand paid ₹2 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.34% at the ₹149.36 close on 4 November 2026. The last was a dividend + special dividend of ₹3 a share, ex-date 7 August 2026.

Mukand dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Mukand Ltd paid out 7% of its profit as dividends in FY26, and it paid a dividend in 5 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative.

From the NSE corporate-actions record, read 5 November 2026.

Mukand is on one of our India lists: Copper & metal stocks.

Mukand Ltd earned ₹57.0 Cr of net profit in the Jun 2026 quarter, +96.6% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹604 Cr. That is 4.2% of the quarter's revenue. The same quarter a year earlier earned ₹29.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹604 Cr (+694.7% on the year before).

Why profit moved: revenue changed +20.6% on a year earlier and the margin moved −3.7 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +1,237.2% and revenue +8.1%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Mukand Ltd reported ₹1,362 Cr of revenue in the Jun 2026 quarter, +20.6% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 5.2% a year on average. The last full year, FY26, came in at ₹4,890 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹5,121 Cr.

FY26 revenue was ₹4,890 Cr, +0.0% on the year before.

Recent pace: the last four quarters grew +8.1% on average, against 5.2% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +7.6%, against +0.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +690.0%, against +157.9% a year (accelerating).

Mukand Ltd's operating margin was 0.5% in the Jun 2026 quarter, 3.7 percentage points lower than the same quarter a year ago. Across 13 years it has been between −18.0% and 13.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −3.7 percentage points on the year while gross margin changed −7.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years Mukand Ltd's operations used more cash than they brought in, so cash conversion was −25%, a gap worth watching. In FY26 its operations used ₹441 Cr of cash, against ₹604 Cr of profit. After ₹109 Cr of spending on assets, free cash was −₹550 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why −25% of profit came in as cash: the cash cycle got 42 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 42 days longer. The next section looks at where the cash is stuck.

Mukand Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 245 days in FY26, up from 203 days in FY21. It spent ₹371 Cr on assets over the last 3 years. Customers take 32 days to pay, and stock sits for 278 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹4,890 Cr, each day of that cycle ties up about ₹13.4 Cr, so roughly ₹3,282 Cr is tied up in the business at any time.

FY26: customers took 32 days to pay and stock sat for 278 days, about 9.1 months of sales sitting as stock, for a full cycle of 245 days, longer than FY21's 203.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 278 days. Customers pay about 32 days after that. Suppliers are paid at 65 days. Together that makes the 245-day cycle.

Spending on assets: ₹371 Cr over the last 3 years, against ₹163 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹98.0 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Mukand Ltd's P/E is 3.4×, near the low end of its own history: it has been lower only 8% of the time. Its usual P/E (the middle reading) is 18.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.