MAIDEN.BO · BSE

Maiden Forgings Limited

₹102.8

+0.00% (₹0)

Prev. close

₹102.8

Volume

0

As of

BSE · may be slightly delayed · 11:47 IST

Price history

₹102.8+₹25.79 (+33.49%) · 3M
18 Jun 202623 Sept 2026
₹113.2₹76.5118 Jun15 Jul07 Aug31 Aug23 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on Maiden Forgings Limited in the last 90 days.

Fundamentals

About Maiden Forgings Limited

Maiden Forgings Limited manufactures and sells ferrous metal products in India. The company offers stainless steel bright, carbon, and alloy steel bars; steel wires and profiles; and stainless steel wires and profiles, as well as bulk nails, wire collected nails, and plastic strip nails. It also provides steel bright, ground, peeled, and shaped profile bars; fine wires; hard bright and half hard bright wires; plastic and wire collated nails; and stainless steel nails. The company was founded in 1989 and is based in Ghaziabad, India.

Details

Sector

Industrials

Industry

Metal Fabrication

CEO

Ms. Nivedita Garg

Headquarters

Ghaziabad

Employees

98

Key stats

Market cap

₹146.10 Cr

P/E ratio (TTM)

29.1

EPS (TTM)

₹3.53

Beta (1Y · daily vs NIFTY 50)

0.77

Beta (5Y · monthly vs NIFTY 50)

1.48

Shares float

35.34 L

Financial Performance

01 · Financials

0 Cr100 Cr200 Cr300 Cr-10%-5%0%5%10%FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY23 growth needs FY22 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

0358FY23FY24FY25FY26

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-20%0%20%40%FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr50 Cr100 Cr150 Cr200 Cr0.5×1.5×FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr50 Cr100 Cr150 Cr200 CrFY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-50 Cr0 Cr50 Cr100 CrFY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY23FY24FY25FY26
₹220.82 Cr₹236.10 Cr₹212.91 Cr₹231.61 Cr
EBITDA₹22.31 Cr₹24.07 Cr₹19.91 Cr₹17.22 Cr
₹9.61 Cr₹9.72 Cr₹6.05 Cr₹5.02 Cr
Diluted EPS₹6.76₹6.84₹4.26₹3.53

Other expenses has filed figures for only some of the years shown — the missing years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY23FY24FY25FY26
₹126.81 Cr₹148.61 Cr₹164.24 Cr₹180.71 Cr
₹67.54 Cr₹62.67 Cr₹69.30 Cr₹69.31 Cr
Stockholders' equity₹40.72 Cr₹70.97 Cr₹76.47 Cr₹81.13 Cr

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY22FY23FY24FY25FY26
₹11.49 Cr₹-11.99 Cr₹4.52 Cr₹6.22 Cr
Investing cash flow₹-9.21 Cr₹-7.29 Cr₹-9.03 Cr₹-3.91 Cr
₹-2.09 Cr₹18.57 Cr₹4.69 Cr₹-2.80 Cr
Capital expenditure₹-8.24 Cr₹-7.37 Cr₹-9.27 Cr₹-4.00 Cr
End cash position₹3.19 Cr₹2.48 Cr₹2.65 Cr₹2.16 Cr

Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Debt issued, Debt repaid, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

12 · Peer Comparison

Industrials

Company
Larsen & Toubro Limited₹5.32 L Cr₹3,929.932.04.8714.7%1.15+11.8%+7.4%
Adani Ports and Special Economic Zone Limited₹4.14 L Cr₹1,807.330.64.3013.3%0.66+27.1%+25.4%
Hindustan Aeronautics Limited₹3.21 L Cr₹4,83634.47.8222.2%0.00+5.6%+0.8%
Bharat Electronics Limited₹2.91 L Cr₹396.0547.312.1225.3%0.00+15.9%-2.1%
InterGlobe Aviation Limited₹1.94 L Cr₹5,028.527.90-34.3%11.15+6.6%-12.3%
ABB India Limited₹1.54 L Cr₹7,120.597.119.6621.3%0.01+8.1%+32.8%
Bharat Heavy Electricals Limited₹1.48 L Cr₹423.161.05.676.1%0.31+18.3%+77.2%
CG Power and Industrial Solutions Limited₹1.41 L Cr₹895113.117.7115.1%0.01+25.1%+15.7%
Hitachi Energy India Limited₹1.40 L Cr₹31,150121.727.0519.1%0.02+27.2%+64.0%
Cummins India Limited₹1.38 L Cr₹5,01058.016.2327.9%0.00+16.9%+25.1%
Siemens Limited₹1.37 L Cr₹3,88681.410.3915.9%0.01+16.2%+19.9%
Maiden Forgings Limited₹147.73 Cr₹103.9529.41.826.2%0.85+8.8%+37.7%

Ranked by market cap within Industrials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

MAIDEN.BO

Maiden Forgings Streamlines Operation; Adds Galvanised Wire To Target Margin Growth

Maiden Forgings has relocated its Unit II operations to a new plant near Modinagar, aiming to reduce costs and expand product lines. The company plans to add galvanised wire and stainless-steel machine components, increasing capacity to 62,000–63,000 MT. This move is expected to boost margins, with galvanised wire offering 20-25% gross margins.