Pursuant to the provisions of Regulations 30 and 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and such other rules and regulations, if and as may be applicable, ....
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Awaiting price reaction for this filing.
Maiden Forgings Ltd reported audited financial results for FY26 ending March 31, 2026. Revenue from operations grew 8.78% to ₹23,161.36 lakhs from ₹21,290.69 lakhs in FY25. However, profit after tax declined 16.96% to ₹502.31 lakhs from ₹604.91 lakhs, with EPS dropping to ₹3.53 from ₹4.26. Total assets increased to ₹18,071.40 lakhs while equity rose to ₹8,113.47 lakhs. The statutory auditor H.G. & Co. issued an unmodified opinion, confirming clean audit status. The company also disclosed related party transactions as part of the filing.
Positive audit outcome with clean unqualified opinion supports investor confidence, but declining PAT and EPS despite revenue growth signals margin pressure that investors should monitor closely.