Maiden Forgings Limited (543874) Earnings Call Transcripts

Maiden Forgings Limited's Latest Earnings Call - June 2, 2026

In the H2 FY '26 earnings call, Maiden Forgings Limited reported a revenue of INR 122.60 crores, up 17.46% year-on-year, and a net profit increase of 46.37% to INR 2.93 crores. The company emphasized its strategic focus on high-margin products and operational efficiencies, which contributed to a diluted EPS of INR 2.06. Management maintained a positive outlook for FY '27, targeting further growth driven by new product launches and expansion into B2G segments, while also indicating that EBITDA margins are expected to improve by 1-2%.

Reported metrics

Guidance from management

Management maintained a positive outlook for FY '27, expecting revenue growth driven by new product launches and increased participation in the B2G segment. They anticipate EBITDA margins to improve by 1-2% over the year.

What management said

By medium term, you mean H1 of this year, H2 of next year like? Within this financial year, we target that like the EBITDA margin that we are currently enjoying, overall, it should go up by at least 1% to 2%.

If I talk about -- if I talk about the last month or last to last month, like from April onwards or March onwards, maybe, we are utilizing it at 60% to 70% level now, the pneumatic nails.

What analysts pressed on

Analysts expressed concerns regarding the impact of raw material price volatility on margins and the timeline for achieving full utilization of the new facility. There were questions about how the company plans to maintain margins amidst fluctuating steel prices and the specifics of their hedging strategies.

Main topics on the call

• Revenue Growth — Maiden Forgings achieved a revenue of INR 233.96 crores for FY '26, reflecting a solid growth trajectory. Management stated, 'Our strategic focus on enhancing the product mix... enabled us to deliver consistent growth de...
• Production Capacity Expansion — The company reported its highest ever production of 35,546 metric tonnes, driven by better throughput and demand. Management highlighted, 'We expect the new unit to be operational very soon,' indicating readiness for inc...
• B2G Segment Growth — Management indicated a strong focus on the B2G segment, targeting 20-25% of sales from this area in the medium term. They noted, 'The registration with Ordinance Factory Board is a gate pass to that entry barrier.'
• Operational Efficiency — The company has maintained healthy capacity utilization levels, with expectations to reach 85% post the operational shift to the new facility. Management stated, 'We are prepared to introduce new product lines... post th...

Read the full Maiden Forgings Limited transcript (June 2, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 Maiden Forgings Limited earnings call transcripts on record, spanning November 26, 2024 to June 2, 2026. Based on this history, Maiden Forgings Limited reports semi-annually. The most recent call on file is dated June 2, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

543874

Exchange

BSE

Country

IN

Sector

Materials

Industry

Metals and Mining

Calls on record

4

First call

November 26, 2024

Most recent

June 2, 2026

Reporting cadence

semi-annually