{"id":84103,"date":"2026-04-10T14:16:49","date_gmt":"2026-04-10T08:46:49","guid":{"rendered":"https:\/\/newswireindia.in\/index.php\/2026\/04\/10\/maiden-forgings-limited-fy26-business-and-operational-update\/"},"modified":"2026-04-10T14:16:49","modified_gmt":"2026-04-10T08:46:49","slug":"maiden-forgings-limited-fy26-business-and-operational-update","status":"publish","type":"post","link":"https:\/\/newswireindia.in\/index.php\/2026\/04\/10\/maiden-forgings-limited-fy26-business-and-operational-update\/","title":{"rendered":"Maiden Forgings Limited: FY26 Business and Operational Update"},"content":{"rendered":"
\n

Mumbai (Maharashtra) [India], April 10<\/strong>: Maiden Forgings Limited (MFL),\u00a0one of the leading manufacturers of bright steel bars and wires, is pleased to announce that it has\u00a0delivered a steady performance in FY26, achieving its highest-ever production and continued progress across key business segments.<\/p>\n

The Company reported\u00a0record production of 35,546 MT in FY26, reflecting a\u00a0growth of over 11.5% YoY, driven by improved operational efficiencies and stable demand across end-user industries.<\/p>\n

Revenue exceeded\u00a0\u20b9233 crores, registering a\u00a0growth of over 9.5% YoY, supported by consistent execution and expanding engagement across industrial and government-linked segments.<\/p>\n

Key Growth Drivers in FY26<\/p>\n

\u2022\u00a0Operational Scale-Up:\u00a0Achieved highest-ever production volumes, supported by improved throughput and process efficiencies\u00a0<\/p>\n

\u2022\u00a0Stable Demand Environment:\u00a0Continued traction across core industrial segments ensured consistent topline growth\u00a0<\/p>\n

\u2022\u00a0Execution Strength:\u00a0Timely delivery of multiple orders to reputed institutional clients<\/p>\n

B2G Segment Expansion<\/p>\n

During FY26, the Company made\u00a0notable progress in the B2G segment, strengthening its presence through registrations with key government and defence-related organizations, including:<\/p>\n

\u2022\u00a0Ordnance Factory, Murad Nagar\u00a0<\/p>\n

\u2022\u00a0Terminal Ballistics Research Laboratory (TBRL), DRDO\u00a0<\/p>\n

\u2022\u00a0Centre for Military Airworthiness & Certification (CEMILAC), DRDO\u00a0<\/p>\n

\u2022\u00a0Ordnance Factory Board, Kolkata (FY25)<\/p>\n

Additionally, the Company successfully executed and delivered orders to esteemed organizations such as\u00a0HAL, BHEL, and NTPC, reinforcing its credibility and positioning in the high-entry-barrier government segment.<\/p>\n

This segment is expected to remain a\u00a0key growth lever, supported by increasing indigenization and government focus on domestic manufacturing.<\/p>\n

Capacity Expansion & Infrastructure Development<\/p>\n

FY26 marked a\u00a0landmark year in terms of infrastructure development, with\u00a0ongoing construction of the\u00a0Company\u2019s\u00a0new manufacturing facility.<\/p>\n

Key highlights:<\/p>\n

\u2022\u00a0Construction of the new plant\u00a0is currently underway<\/p>\n

\u2022\u00a0Commercial operations expected to commence by\u00a0end of Q1 FY27<\/p>\n

\u2022\u00a0Unit II to be fully relocated\u00a0to the new facility\u00a0<\/p>\n

\u2022\u00a0Enhanced capacity to support future volume growth and operational efficiencies<\/p>\n

This expansion is expected to:<\/p>\n

\u2022\u00a0Improve production scalability\u00a0<\/p>\n

\u2022\u00a0Enhance operating efficiencies\u00a0<\/p>\n

\u2022\u00a0Support higher order inflows across both B2B and B2G segments<\/p>\n

Future Outlook & Strategic Direction<\/p>\n

\u2022\u00a0Capacity-Backed Growth:\u00a0New facility to drive higher production volumes and improved utilization levels\u00a0<\/p>\n

\u2022\u00a0B2G Segment Scaling:\u00a0Strong pipeline of opportunities with defence and government institutions\u00a0<\/p>\n

\u2022\u00a0Operational Efficiency:\u00a0Focus on cost optimization and process improvements to support margins\u00a0<\/p>\n

\u2022 Sustained Growth Momentum: Strong FY26 performance provides a solid foundation for FY27<\/p>\n

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], April 10: Maiden Forgings Limited (MFL),\u00a0one of the leading manufacturers of bright steel bars and wires, is pleased to announce that it has\u00a0delivered a steady performance in FY26, achieving its highest-ever production and continued progress across key business segments. The Company reported\u00a0record production of 35,546 MT in FY26, reflecting a\u00a0growth of over […]<\/p>\n","protected":false},"author":1,"featured_media":84104,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3],"class_list":["post-84103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts\/84103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/comments?post=84103"}],"version-history":[{"count":0,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/posts\/84103\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/media\/84104"}],"wp:attachment":[{"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/media?parent=84103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/categories?post=84103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswireindia.in\/index.php\/wp-json\/wp\/v2\/tags?post=84103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}