{"id":31103,"date":"2026-04-10T14:17:57","date_gmt":"2026-04-10T08:47:57","guid":{"rendered":"https:\/\/khabreindia.com\/index.php\/2026\/04\/10\/maiden-forgings-limited-fy26-business-and-operational-update\/"},"modified":"2026-04-10T14:17:57","modified_gmt":"2026-04-10T08:47:57","slug":"maiden-forgings-limited-fy26-business-and-operational-update","status":"publish","type":"post","link":"https:\/\/khabreindia.com\/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":"

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

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

Revenue exceeded \u20b9233 crores, registering a growth 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 Operational Scale-Up: Achieved highest-ever production volumes, supported by improved throughput and process efficiencies <\/p>\n

\u2022 Stable Demand Environment: Continued traction across core industrial segments ensured consistent topline growth <\/p>\n

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

B2G Segment Expansion<\/p>\n

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

\u2022 Ordnance Factory, Murad Nagar <\/p>\n

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

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

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

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

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

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

FY26 marked a landmark year in terms of infrastructure development, with ongoing construction of the Company\u2019s new manufacturing facility.<\/p>\n

Key highlights:<\/p>\n

\u2022 Construction of the new plant is currently underway<\/p>\n

\u2022 Commercial operations expected to commence by end of Q1 FY27<\/p>\n

\u2022 Unit II to be fully relocated to the new facility <\/p>\n

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

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

\u2022 Improve production scalability <\/p>\n

\u2022 Enhance operating efficiencies <\/p>\n

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

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

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

\u2022 B2G Segment Scaling: Strong pipeline of opportunities with defence and government institutions <\/p>\n

\u2022 Operational Efficiency: Focus on cost optimization and process improvements to support margins <\/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","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) India, April 10: Maiden Forgings Limited (MFL), one of the leading manufacturers of bright steel bars and wires, is pleased to announce that it has delivered a steady performance in FY26, achieving its highest-ever production and continued progress across key business segments. The Company reported record production of 35,546 MT in FY26, reflecting a growth of over …<\/p>\n<\/div>","protected":false},"author":1,"featured_media":31102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85,331],"tags":[],"class_list":["post-31103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-press-release"],"_links":{"self":[{"href":"https:\/\/khabreindia.com\/index.php\/wp-json\/wp\/v2\/posts\/31103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/khabreindia.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/khabreindia.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/khabreindia.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/khabreindia.com\/index.php\/wp-json\/wp\/v2\/comments?post=31103"}],"version-history":[{"count":0,"href":"https:\/\/khabreindia.com\/index.php\/wp-json\/wp\/v2\/posts\/31103\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/khabreindia.com\/index.php\/wp-json\/wp\/v2\/media\/31102"}],"wp:attachment":[{"href":"https:\/\/khabreindia.com\/index.php\/wp-json\/wp\/v2\/media?parent=31103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/khabreindia.com\/index.php\/wp-json\/wp\/v2\/categories?post=31103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/khabreindia.com\/index.php\/wp-json\/wp\/v2\/tags?post=31103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}