Maiden Forgings Reports Total Income of ₹111 Crore in H1 FY26

Maiden Forgings Limited (MFL) (BSE - 543874), one of the leading manufacturers of wide range of Bright Steel bars and wires from past 35 years has announced its Unaudited Financial Results for the H1 FY26.

H1 FY26 Key Financial Highlights

- Total Income of ₹ 111.36 Cr
- EBITDA of ₹ 6.74 Cr
- EBITDA Margin (%) of 6.05%
- PAT of ₹ 2.10 Cr
- PAT Margin (%) of 1.88%
- EPS of ₹ 1.48

Commenting on the performance, Mr. Nishant Garg, Managing Director of Maiden Forgings Limited said, "We are pleased to share that MFL delivered a revenue of ₹ 111 Cr in H1 FY26, driven by sustained demand for our bright steel bars and wires, alongside a growing contribution from our value-added product portfolio. This performance underscores the success of our continuous efforts toward optimizing our product mix, and expanding our footprint across both domestic and international markets.

Our growing engagement in the B2G and defence segments, coupled with the trust of our long-standing customers, has further strengthened our position as a reliable and quality-driven manufacturer. We remain confident of sustaining this positive momentum in the second half of the year, supported by our strong fundamentals, efficient execution, and commitment to creating long-term value for all stakeholders."

Shares of Maiden Forgings Limited was last trading in BSE at Rs. 83.25 as compared to the previous close of Rs. 85.57. The total number of shares traded during the day was 21000 in over 21 trades.

The stock hit an intraday high of Rs. 86.00 and intraday low of 83.00. The net turnover during the day was Rs. 1787000.00.

Source : Equity Bulls

Keywords

MaidenForgings IronandSteelProducts INE0O1T01010 H1FY26 ResultUpdate