Pursuant to Regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015, the Company is hereby submitting investor Presentation ....
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Awaiting price reaction for this filing.
Maiden Forgings filed its investor presentation for H1 FY26, showing total income of ₹111.36 Cr, up just ~2% YoY from ₹109.19 Cr. However, profitability took a sharp hit: EBITDA fell 31% to ₹6.74 Cr (margin slipping from 8.65% to 6.05%), and net profit dropped nearly 48% to ₹2.10 Cr (EPS down to ₹1.48 from ₹2.85). The pressure is mainly from higher raw material costs (₹98.85 Cr vs ₹93.60 Cr) eating into margins. On the strategic side, the company highlighted its entry into the B2G/defence sector with an Ordnance Factory Board registration and a first order from HAL, plus a 4-acre land acquisition in Modinagar for plant consolidation expected to save ₹2.5 Cr annually. Management also outlined forward integration into higher-margin stainless steel and specialty products, and expansion into B2B, B2C, and e-commerce (Amazon India).
Near-term outlook looks weak given the sharp YoY decline in profits and shrinking margins, which may pressure the stock in the short term. However, the longer-term growth story around defence/B2G orders, plant consolidation savings, and value-added product expansion could appeal to investors with a longer horizon.