Maiden Forgings Ltd

Maiden Forgings Ltd

$MAIDENIron & Steel ProductsBSE

Maiden Forgings Ltd (MAIDEN) last traded at ₹110, a market capitalisation of ₹156 crore, on a P/E of 31.1. Over the past 52 weeks the stock has ranged between ₹63.5 and ₹115. Maiden Forgings Ltd last reported results for the quarter ended Mar 2026, with sales of ₹122 crore and net profit of ₹3 crore. Figures are as of 25 Aug 2026 and are not real time.

Maiden Forgings Ltd share price and key metrics

Current price
₹110
Market cap
₹156 cr
Stock P/E
31.1
Book value
₹57.1
ROE
6.37%
ROCE
9.26%
Dividend yield
0.00%
52w high / low
115/63.5

Metrics as of 25 Aug 2026. Not real time.

Maiden Forgings Ltd quarterly results

In the quarter ended Mar 2026, sales were ₹122 cr, up 17.3% from ₹104 cr a year earlier. Net profit was ₹3 cr, up 50.0% year on year.

Maiden Forgings Ltd consolidated quarterly results, figures in ₹ crore
₹ croreSep 2022Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales108116121109104109122
Expenses991051089994105112
Operating profit1010121010510
OPM %9%9%10%9%9%4.4%8%
Other income0100120
Interest3333434
Depreciation2221322
Profit before tax6676324
Tax %28%33%26%32%24%16%34%
Net profit4464223
EPS (₹)7.922.943.902.851.411.482.06

Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.

Maiden Forgings Ltd annual results

Maiden Forgings Ltd annual profit and loss, figures in ₹ crore
₹ croreMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales199210221236213232
Operating profit131222231915
OPM %7%6%10%10%9%6%
Net profit22101065
EPS (₹)3.244.209.226.844.263.53

TTM is the trailing twelve months to the most recent quarter.

Maiden Forgings Ltd growth and returns

Compounded Sales Growth
10 Years
%
5 Years
3%
3 Years
2%
TTM
9%
Compounded Profit Growth
10 Years
%
5 Years
24%
3 Years
-19%
TTM
-17%
Stock Price CAGR
10 Years
%
5 Years
%
3 Years
7%
1 Year
43%
Return on Equity
10 Years
%
5 Years
12%
3 Years
10%
Last Year
6%

Maiden Forgings Ltd shareholding pattern

Promoters held 71.97% at Mar 2026, down from 73.37% at Mar 2024. DIIs 0.15%.

Maiden Forgings Ltd shareholding pattern by quarter, in percent
% heldSep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters73.37%73.37%73.37%73.37%71.97%71.97%
DIIs0.00%0.00%0.00%0.00%0.00%0.15%
Public26.64%26.63%26.62%26.63%28.04%27.88%
No. of shareholders8411,2561,4881,4901,2881,071

As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.

Maiden Forgings Ltd corporate filings

  • Pursuant to the Provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosures Requirments) Regulations, 2015, we would like to inform/intimate ....Company Updatelow impact
    Filing PDF

    Cruxal's analysis: Maiden Forgings Ltd held a virtual meeting with analysts and investors on August 20…

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  • Pursuant to Regulation 30, read with Schedule III of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the ....Company Updatelow impact
    Filing PDF

    Cruxal's analysis: Maiden Forgings Ltd has announced a scheduled meeting with analysts and investors to be…

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  • The company here informed that the company has sold its vacant land parcel situated at C-10, Bulandshahr Road Industrial Area, Ghaziabad, for a total consideration of Rs. 12.90 Crore (Rupees ....Company Updatemedium impact
    Filing PDF

    Cruxal's analysis: Maiden Forgings Ltd has completed the sale of a vacant land parcel located at C-10…

    Read the full analysis

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