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

Mumbai (Maharashtra) [India], November 15:  Maiden Forgings Limited (MFL) (BSE – 543874), one of the leading manufacturers of a wide range of Bright Steel bars and wires for the 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 to optimise our product mix and expand our footprint across both domestic and international markets.

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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.”

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