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Maiden Forgings Ltd

Maiden Forgings Ltd

MAIDEN Share Price

BSE
109.781.98% (+2.13)
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Returns
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With a market cap of ₹152 cr, stock is ranked 2,852

Stock is 2.73x as volatile as Nifty

MAIDEN Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹152 cr, stock is ranked 2,852

Stock is 2.73x as volatile as Nifty

MAIDEN Performance & Key Metrics

MAIDEN Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
2.00
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
25.253.221.37%

MAIDEN Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

Price Upside

Earnings Growth

Rev. Growth

MAIDEN Company Profile

Maiden Forgings Ltd manufactures and sells ferrous metal products including steel bright bars, wires, profiles, and nails, specializing in carbon steel, stainless steel, and alloy steel for various industries such as automobiles and infrastructure.

MAIDEN Similar Stocks (Peers)

Compare with peers Compare with peers 

MAIDEN Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
-45,23,940.45
-45,23,940.45
1Y Return
6.53%
6.53%
Buy Reco %
100.00
100.00
PE Ratio
6.17
6.17
1Y Return
70.86%
70.86%
Buy Reco %
71.43
71.43
PE Ratio
11.26
11.26
1Y Return
22.93%
22.93%
Buy Reco %
100.00
100.00
PE Ratio
29.45
29.45
1Y Return
6.39%
6.39%
Buy Reco %
66.67
66.67
PE Ratio
60.96
60.96
1Y Return
8.94%
8.94%
Buy Reco %
100.00
100.00
Compare with Peers

MAIDEN Sentiment Analysis

MAIDEN Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

MAIDEN Stock Summary · June 2026

Management framed the quarter as a strong operational upturn underpinned by higher volumes and imminent capacity consolidation, reporting H2 revenue of INR 122.60 crore and targeting roughly 42,000 tonnes of production in the coming year. They emphasized execution on an integrated plant consolidation to drive scalability and efficiency, parallel commercialization of two new product lines to serve existing customers, deeper B2G engagement to capture government procurement opportunities, and logistics upgrades including a paused Dubai warehousing plan due to regional instability. Management highlighted record throughput as the proximate driver of results while acknowledging late‑FY26 product‑mix shifts compressed margins; they reiterated disciplined procurement hedging, maintained inventory bands and long‑standing vendor relationships to protect margins. Capital allocation was presented as conservative and self‑funded with no external financing for capex, and management expects the new facilities and product ramps to deliver material EBITDA uplift after a short commissioning period. Near term, they characterized FY27 performance as expected to be very strong, with utilization set to rise from late summer and routine disclosure of capacity and utilization metrics going forward.

MAIDEN Stock Growth Drivers
MAIDEN Stock Growth Drivers
8
  • Record production and accelerating operational scale

    Maiden Forgings delivered its highest-ever production of 35,546 metric tons driven by improved throughput and

  • Improving financial performance and profitability

    The business reported meaningful earnings improvements with H2 FY'26 revenue of INR 122.60 crore (up

MAIDEN Stock Challenges
MAIDEN Stock Challenges
3
  • Raw-material cost and supply volatility that depresses margins

    An extended downcycle in steel prices (roughly the prior 1–1.5 years through November 2025) materially

  • Capacity constraints and slow scale-up that limit volume growth

    The plant has installed capacity of 53,000 tons but has produced only roughly 35,000–36,000 tons

MAIDEN Forecast

MAIDEN Forecasts

empty forecast

Forecast data is currently unavailable

Forecast data is currently unavailable

Price

Price Upside

Revenue

Revenue Growth

Earnings

Earnings Per Share

MAIDEN

MAIDEN

Income

Balance Sheet

Cash Flow

MAIDEN Income Statement

MAIDEN Income Statement

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Quarterdec 2022mar 2023
Total Revenue55.1757.34
Operating & Other expensessubtract47.6652.64
Depreciation/Amortizationsubtract0.811.16
Interest & Other Itemssubtract1.301.36
Taxes & Other Itemssubtract1.500.59
EPS3.731.53

MAIDEN Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025FY 2025

Annual report

PDF
FY 2024FY 2024

Annual report

PDF

Investor Presentation

Nov 18PDF
FY 2023FY 2023

Annual report

PDF
 

MAIDEN Stock Peers

MAIDEN Past Performance & Peer Comparison

MAIDEN Past Performance & Peer Comparison

Comparing 3 stocks from 
MaterialsMetals - Diversified

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Maiden Forgings Ltd30.482.00
Vedanta Aluminium Metal Ltd-45,23,940.45-25,85,108.83
Vedanta Ltd6.171.5712.38%
NLC India Ltd11.261.811.35%

MAIDEN Stock Price Comparison

Compare MAIDEN with any stock or ETF
Compare MAIDEN with any stock or ETF
MAIDEN
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MAIDEN Holdings

MAIDEN Shareholdings

MAIDEN Promoter Holdings Trend

MAIDEN Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

MAIDEN Institutional Holdings Trend

MAIDEN Institutional Holdings Trend

No institutional holdings trend are available

Tickertape Separator

MAIDEN Shareholding Pattern

MAIDEN Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding71.97%0.00%0.15%0.00%27.88%

Sep 2024

Mar 2025

Sep 2025

Mar 2026

MAIDEN Shareholding History

MAIDEN Shareholding History

SepMarSepMarSepMar0.00%0.00%0.00%0.00%0.00%0.00%

MAIDEN Insider Trades & Bulk Stock Deals

MAIDEN Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing MAIDEN stock

smallcases containing MAIDEN stock

Looks like this stock is not in any smallcase yet.

MAIDEN Events

MAIDEN Events

MAIDEN Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

MAIDEN has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

MAIDEN Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

MAIDEN has not given any dividends in last 5 years

MAIDEN Dividends

MAIDEN Dividends

Hmm, looks like data is unavailable here. Please come back after some time

MAIDEN Stock News & Opinions

MAIDEN Stock News & Opinions

Corporate
Corporate
Maiden Forgings to table results

Maiden Forgings will hold a meeting of the Board of Directors of the Company on 30 May 2026.

2 months agoCapital Market - Live
Spotlight
Spotlight
Maiden Forgings edges higher after production volume rises over 11% YoY in FY26

The said volume corresponds to revenue of over Rs 233 crore, reflecting a growth of more than 9.5% on a year-on-year (YoY basis. The company's reported revenue for FY25 was Rs 212.91 crore. During the financial year, the company also made progress in the business-to-government (B2G) segment by securing registrations with several prestigious government organizations, which include Ordnance Factory, Murad Nagar; Terminal Ballistics Research Laboratory (TBRL), DRDO; Centre for Military Airworthiness and Ordnance Factory Board, Kolkata. The company further said that it has completed construction of its new plant, which is expected to commence operations by Q1 FY 2026'27. Maiden Forgings (MFL) has been manufacturing wide range of bright steel bars and wires, along with increasing focus on value add & specialized products.

4 months agoCapital Market - Live
Corporate
Corporate
Maiden Forgings to hold board meeting

Maiden Forgings will hold a meeting of the Board of Directors of the Company on 14 November 2025.Powered by Capital Market - Live

9 months agoCapital Market - Live
Corporate
Corporate
Maiden Forgings to convene EGM

Maiden Forgings announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 18 November 2025.Powered by Capital Market - Live

9 months agoCapital Market - Live
Corporate
Corporate
Maiden Forgings announces board meeting date

Maiden Forgings will hold a meeting of the Board of Directors of the Company on 24 October 2025.Powered by Capital Market - Live

9 months agoCapital Market - Live
Corporate
Corporate
Maiden Forgings to conduct AGM

Maiden Forgings announced that the Annual General Meeting(AGM) of the company will be held on 30 September 2025.Powered by Capital Market - Live

11 months agoCapital Market - Live
Corporate
Corporate
Maiden Forgings to table results

Maiden Forgings will hold a meeting of the Board of Directors of the Company on 29 May 2025.Powered by Capital Market - Live

1 year agoCapital Market - Live
Corporate
Corporate
Maiden Forgings to conduct board meeting

Maiden Forgings will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

1 year agoCapital Market - Live
Corporate
Corporate
Maiden Forgings to conduct AGM

Maiden Forgings announced that the 19th Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live

1 year agoCapital Market - Live

Max India soars 7% as NCLT approves composite scheme; sets record date for demerger

6 years agoIndia Infoline

Frequently asked questions

Frequently asked questions

  1. What is the share price of Maiden Forgings Ltd (MAIDEN) today?

    The share price of MAIDEN as on 12th August 2026 is ₹109.78. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Maiden Forgings Ltd (MAIDEN) share?

    The past returns of Maiden Forgings Ltd (MAIDEN) share are
    • Past 1 week: 2.67%
    • Past 1 month: 25.35%
    • Past 3 months: 36.27%
    • Past 6 months: 22.47%
    • Past 1 year: 37.13%
    • Past 3 years: 21.02%
    • Past 5 years: 79.84%

  3. What are the peers or stocks similar to Maiden Forgings Ltd (MAIDEN)?
  4. What is the market cap of Maiden Forgings Ltd (MAIDEN) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Maiden Forgings Ltd (MAIDEN) is ₹152.99 Cr as of 12th August 2026.

  5. What is the 52 week high and low of Maiden Forgings Ltd (MAIDEN) share?

    The 52-week high of Maiden Forgings Ltd (MAIDEN) is ₹108 and the 52-week low is ₹63.52.

  6. What is the PE and PB ratio of Maiden Forgings Ltd (MAIDEN) stock?

    The P/E (price-to-earnings) ratio of Maiden Forgings Ltd (MAIDEN) is 30.48. The P/B (price-to-book) ratio is 2.00.

  7. Which sector does Maiden Forgings Ltd (MAIDEN) belong to?

    Maiden Forgings Ltd (MAIDEN) belongs to the Materials sector & Metals - Diversified sub-sector.

  8. How to buy Maiden Forgings Ltd (MAIDEN) shares?

    You can directly buy Maiden Forgings Ltd (MAIDEN) shares on Tickertape. Simply sign up, connect your demat account and place your order.