Overview
Maiden Forgings Limited is a leading manufacturer specializing in bright steel bars, wire, and pneumatic nails, catering to industries such as automotive, engineering, and defense.
The company achieved record production and sales volumes in H1 FY '26, driven primarily by strong customer demand and high-margin stainless steel products.
Recent strategic initiatives include securing supplier registration with key defense organizations like the Ordnance Factory Board, paving the way for growth in defense sector contracts.
Significant expansion is underway with a new integrated plant in Modinagar, aimed at increasing production capacity and operational efficiency by 2026.
Plans for horizontal and vertical expansion are set to introduce new product lines like GI wire and stainless steel machine components, reinforcing its strategy in high-value, high-margin segments.
- Sector
Industrial Products
- Industry
Iron & Steel Products
- Market Cap
115 Cr
- Volatility
Low Risk
- P/E Ratio
22.9
- Industry P/E
36.0
- PEG Ratio
0.6
- P/B Ratio
1.4
- 52W High
96.85
- 52W Low
63.52
Financial Ratios
Sales CAGR
- 1Y
- -9.82%
- 3Y
- 0.38%
- 5Y
- 0.85%
- 10Y
- —
Profit CAGR
- 1Y
- -37.76%
- 3Y
- 40.27%
- 5Y
- 29.52%
- 10Y
- —
ROE
- TTM
- 6.19%
- 3Y
- 13.49%
- 5Y
- 11.78%
- 10Y
- —
ROCE
- TTM
- 9.12%
- 3Y
- 22.40%
- 5Y
- 21.21%
- 10Y
- —
Actions
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