BSE · 543874
Maiden Forgings Limited
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹214 Cr with net profit ₹6 Cr — a 2.83% net margin, versus 4.1% the period before.
Shareholding
As of 2026-03-31
- Promoter71.97%
- Public27.88%
- DII0.15%
1,071 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 1.97× from low to high.
Risk flags
Derived from disclosed data
No flags raised by the data.
Peer comparison
Steel - Medium / Small · ranked #63 of 117 by market cap · medians across 50 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| Ratnamani Metals & Tubes Ltd. | ₹19,808 Cr | 44.94 | 4.82 | 11.74% | 10.03% |
| Sarda Energy & Minerals Ltd. | ₹18,539 Cr | 16.52 | 2.52 | 15% | 20.15% |
| Godawari Power & Ispat Ltd. | ₹16,602 Cr | 20.25 | 2.9 | 13.79% | 13.89% |
| Usha Martin Ltd. | ₹15,054 Cr | 27.61 | 4.56 | 14.11% | 13.21% |
| Gallantt Ispat Limited | ₹13,179 Cr | 30.24 | 3.97 | 14.6% | 9.82% |
| Mishra Dhatu Nigam Ltd. | ₹8,443 Cr | 62.6 | 5.51 | 8.58% | 10.88% |
| Aeroflex Industries Ltd. | ₹7,428 Cr | 110.71 | 16.61 | 12.41% | 13.35% |
| Technocraft Industries (India) Ltd. | ₹7,402 Cr | 21.8 | 3.66 | 14.11% | 11.59% |
| Man Industries (India) Ltd. | ₹6,549 Cr | 32.05 | 3.14 | 8.17% | 5.27% |
| Sunflag Iron & Steel Company Ltd. | ₹6,082 Cr | 28.62 | 0.71 | 2.28% | 5.15% |
| Maiden Forgings Limited(this company) | ₹151 Cr | 30.17 | 1.87 | 6.19% | 4.88% |
AI analysis
AI-generated · google/gemini-2.5-flashMaiden Forgings Limited has a market capitalization of Rs 129 Cr. The company reported revenue of Rs 213.57 Cr and an EPS of Rs 3.53. Its book value stands at Rs 57.09.
Positives
- +The promoter holding is stable at 71.9674% for the latest reported period.
- +The debt-to-equity ratio is 0.9, indicating lower reliance on borrowed capital.
- +The company has not reported any pledged promoter shares.
Negatives
- −Revenue decreased to Rs 213.57 Cr in Mar 2025 from Rs 237.3086 Cr in Mar 2024.
- −Net profit decreased to Rs 6.0491 Cr in Mar 2025 from Rs 9.7201 Cr in Mar 2024.
- −EPS decreased to Rs 3.53 in the latest period from Rs 6.84 in the previous year.
- −The company reported a profit margin of 0% for the latest period.
- −Promoter holding decreased from 73.3746% in Mar 2025 to 71.9674% in Mar 2026.
Financial Performance
Maiden Forgings Limited reported revenue of Rs 213.57 Cr for the latest period. The company's net profit was Rs 6.0491 Cr in Mar 2025, which is lower than Rs 9.7201 Cr in Mar 2024. Earnings per share (EPS) for the latest period was Rs 3.53, a decrease from Rs 6.84 in the preceding year.
Profitability & Returns
The company's Return on Equity (ROE) is 6.19%, and Return on Capital Employed (ROCE) is 9.12%. Profit margin stands at 0%. EBITDA for Mar 2025 was Rs 15.8589 Cr, down from Rs 19.618 Cr in Mar 2024.
Balance Sheet
Maiden Forgings Limited has a debt-to-equity ratio of 0.9. The book value per share is Rs 57.09. The company has not disclosed any dividend yield (0%).
Ownership & Pledges
Public shareholding is 27.8848%. There are no promoter shares reported as pledged.
Shareholding Changes
Promoter holding has decreased from 73.3746% in March 2024 to 71.9674% in March 2026. The number of shareholders decreased from 1490 in Mar 2025 to 1071 in Mar 2026. Public shareholding, meanwhile, increased from 26.6254% in March 2025 to 27.8848% in March 2026.
Data as of — price: 2026-09-11 · financials: Mar 25 · shareholding: Mar 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.