Maiden Forgings Ltd — Important, 25-11-2025: Company Update

Maiden Forgings announced H1 FY26 financial results with a total income of 111.36 Cr, EBITDA of 6.74 Cr (6.05% margin), and net profit of 2.1 Cr (1.88% margin), alongside achieving its highest production volume ever. The company is set to launch GI wire and stainless steel machine components next fiscal year, promising higher margins. Recent approvals from Ordnance Factory Board and CEMILAC DRDO are boosting the B2G segment, targeting 10% of next year's revenue. A new integrated Modinagar facility, expected to be fully operational by July next year, will optimize operations, save 2.5 Cr annually, and expand capacity from 53,000 to 62,000 metric tons, projecting 700-800 Cr in revenue. Management foresees phenomenal growth ahead.