Maiden Forgings Ltd — Important, 04-06-2026: Company Update

Maiden Forgings Limited reported H2 FY '26 revenue of INR 122.60 Cr (up 17.46% YoY) and net profit of INR 2.93 Cr (up 46.37% YoY), with full-year revenue at INR 233.96 Cr and net profit at INR 5.02 Cr. Production hit a record 35,546 metric tons. The company is consolidating two units into a new 4-acre Modinagar facility, expected to boost efficiency and add 10,000 tons/annum for new GI wires and stainless steel components. B2G segment participation is strengthening with new registrations and orders from key institutions. Management aims for 85% utilization and higher margins, fueled by product mix improvements and innovation.