Pursuant to Regulation 30 of Securties Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company is hereby submitting transcripts of earning ....

Maiden Forgings reported FY25 total income of Rs. 213.57 crores, EBITDA of Rs. 19.91 crores (9.32% margin), and net profit of Rs. 6.05 crores, while H2 FY25 saw total income of Rs. 104.37 crores and net profit of Rs. 2 crores. The Managing Director guided for 30-35% revenue growth in FY26, driven by a renewed focus on high-margin, high-value products, ramping up exports (5-6 containers already in the pipeline), and growing the B2G segment with repeat orders from HAL and new wins at BHEL, NTPC, and the Ordinance Factory Board. The company is consolidating two of its three Ghaziabad plants into a newly acquired 4-acre Modinagar facility, targeting Rs. 2.5 crore in annual cost savings and expecting Rs. 15-20 crores in surplus cash after Rs. 12-14 crore capex and land sales. Management reaffirmed debt reduction to below 10% of annual turnover as a key priority, funded through internal accruals rather than borrowings.