ALFA Finder| Revenue growth | FY26 revenue ₹233.96cr; H2 revenue grew 17.46% YoY. |
|---|---|
| Margins | EBITDA margins expected to rise 1-2% due to high-margin product mix. |
| Order book | Export order book at historical high; LOIs secured for new product lines. |
| Demand visibility | Strong recurring orders from automotive, engineering, and infrastructure sectors. |
| Management confidence | High; citing 'warrior' mindset and strong foundation for long-term growth. |
Growth
FY26 revenue hit ₹233.96cr; H2 FY26 revenue rose 17.46% YoY to ₹122.60cr with PAT surging 46.37% to ₹2.93cr.
Outlook
New facility operational by Sept 2026; adding 10,000 tons capacity; targeting 20-25% sales from B2G/defense in mid-term.
Risks
Global tariff issues, steel price volatility, and geopolitical instability in Dubai delaying overseas warehousing plans.
Last quarter's promises, checked
Delivered
- Guided H1 volume ~17k tons → delivered 16,873 tons (= BEAT)
- Guided internal funding for capex → delivered capex via internal accruals (= BEAT)
- Guided B2G/Defense revenue 1-2% → delivered 1-2% (= BEAT)
Partly delivered
- Guided facility operational by March 2026 → delivered Sept 2026 timeline (= PARTIAL)
- Guided debt reduction to substantial amount → delivered internal funding but debt status unclear (= PARTIAL)
Earnings Call filed with BSE, BSE: 543874. Summary written with AI assistance from the document.
Maiden Forgings Ltd: key numbers
- Share price
- ₹93.00
- Market cap
- ₹132.2 Cr
- Revenue (annual)
- ₹231.6 Cr
- Net profit (annual)
- ₹5.02 Cr
- P/E (TTM)
- 26.3×Sector 17.1×
- 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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