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Earnings Call

Maiden Forgings Earnings Call: Key Takeaways

Maiden Forgings FY26 revenue reached ₹233.96 Cr with PAT at ₹5.02 Cr. Strategy focuses on high-margin stainless steel products, B2G/Defense sector entry, and plant consolidation for efficiency.

Highlights
Revenue growthFY26 Revenue: ₹233.96 Cr; FY25: ₹213.57 Cr.
MarginsEBITDA margin FY26 at 7.36%; PAT margin at 2.15%.
Order bookInitial B2G order secured from HAL in Sept 2024.
Demand visibilityStrong demand in defense, railways, and aerospace sectors.
Management confidenceHigh; expanding capacity and B2G segment.

Growth

FY26 Revenue increased to ₹233.96 Cr from ₹213.57 Cr in FY25. H2 FY26 PAT grew 46.37% YoY.

Outlook

Consolidating units into new 4-acre Modinagar site; expanding into specialized 'Specialty Steel' for import substitution.

Risks

Exposure to Indian economic performance, global market volatility, and intense industry competition.

Source

Earnings Call filed with BSE, BSE: 543874. Summary written with AI assistance from the document.

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Maiden Forgings Ltd: key numbers

Share price
₹100.95
Market cap
₹143.5 Cr
Revenue (annual)
₹231.6 Cr
Net profit (annual)
₹5.02 Cr
P/E (TTM)
28.6×Sector 19.0×
Promoter holding
71.97%
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Maiden Forgings H2 FY26 Results: Net Profit ₹2.9 Cr, Up 45.0% YoY

Maiden Forgings Ltd reported revenue from operations of ₹122.2 Cr (+17.7% YoY) and net profit of ₹2.9 Cr (+45.0% YoY) for H2 FY26.

Key figure
Net profit ₹2.9 Cr · +45.0% YoY