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Company Maiden Forgings Records Total Revenue of INR 213.57 Crores in Fiscal Year 25

Mumbai-based Maiden Forgings Limited, a prominent manufacturer of diverse steel bars and wires for 35 years, has declared the audited financial results for the second half and the whole year of 2025.

Maharashtra's Mumbai city [India], June 2: Maiden Forgings Limited, a prominent player in the...
Maharashtra's Mumbai city [India], June 2: Maiden Forgings Limited, a prominent player in the production of diverse steel bars and wires for the past three and a half decades (BSE - 543874), has unveiled its audited financial figures for the second half of the 2024-25 fiscal year and the complete year itself.

Company Maiden Forgings Records Total Revenue of INR 213.57 Crores in Fiscal Year 25

Title: Booming Business Horizons: Maiden Forgings Limited's FY25 Financial Performance and Expansion Goals

Get the scoop on Maiden Forgings Limited, a prominent steel products manufacturer, as they share their FY25 financial highlights and ambitious growth strategies.

Fiscal Year 2025 Key Financial Highlights:

  • Maiden Forgings Limited clocked in with an impressive total income of ₹213.57 crore, a testament to their potent presence in the industry.
  • EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was a robust ₹19.91 crore, with an EBITDA Margin of 9.32%.
  • The company's net profit for FY25 was ₹6.05 crore, resulting in a Net Profit Margin of 2.83%.
  • EPS (Earnings Per Share) stood at ₹4.26, indicative of the healthy financial performance.

Nishant Garg, Managing Director of Maiden Forgings Limited, had this to say about the company's performance, "We ended FY25 strong with a whopping ₹213.57 crore in total income, thanks to our laser-focus on value-added products and increased brand recognition. The Indian market offers immense potential, and as a steel products manufacturer, we're poised to make our mark through business growth. To ride this growth wave, we've initiated our expansion plans by snagging a prime 4-acre plot in Modinagar, Ghaziabad. This facility will serve as the union of our current Units II and III, enabling improved operational efficiency and an increase in production capacity."

Cementing the Financial Position:

  • The imminent sale of Unit II's land will yield substantial funds, which will be allocated to the new facility, working capital, and debt reduction.
  • These moves are aimed at stabilizing the company's financial position, supporting growth through increased working capital, and strengthening the balance sheet by repaying outstanding debts.

Potential International Ventures:

Though specifics on international expansion plans remain under wraps, Maiden Forgings' emphasis on value-added products signals a competitive edge in the global market. With innovation, adaptability, and a keen eye for industry trends, the company is well-equipped to scale internationally and navigate the complexities of diverse markets.

Driving the Growth Agenda:

  • Innovation-Fueled Products: Maiden Forgings' commitment to value-added products will serve as a key differentiator in a crowded market, positioning it for success both domestically and abroad.
  • Brand Recognition: Enhanced brand visibility plays a pivotal role in snagging new customers, consolidating market share, and expanding the company's footprint.
  • Operational Efficiency: Streamlined operations are crucial for maintaining profitability and staying competitive in an ever-changing market landscape.

As Maiden Forgings charts its course for future growth, its strategic plans, adaptability, and operational excellence promise an exciting future in the steel products industry. Stay tuned as the company continues to make waves in the market!

[2]:Data sourced from BSE (BSE - 543874) reports[5]:EPS figures represent an average calculated from available reports. Actual per-share earnings may vary.

  1. The robust financial performance of Maiden Forgings Limited, as apparent from their FY25 highlights, indicates a strong opinion about their health within the steel products industry and finance circles.
  2. The company's goal to expand its operations on a 4-acre plot in Modinagar, Ghaziabad, signifies a shift in their business strategy and an anticipation of growth in the business domain.
  3. Maiden Forgings' focus on innovation-fueled products, operational efficiency, and brand recognition reflects their ambitious plans to compete internationally and adapt to diverse market trends.

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