Market cap
₹151 Cr
Revenue (TTM)
₹213 Cr
P/E Ratio
30.1
P/B Ratio
2
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | -- | -9.82 | 0.38 | 0.85 |
| EBIT | -- | -- | -18.11 | 20.04 | 11.66 |
| Net Profit | -- | -- | -37.77 | 40.27 | 29.52 |
| EPS | -- | -- | -37.77 | 26.51 | 18.98 |
| Book Value | -- | -- | 7.45 | 21.49 | 18.48 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-25 | Mar-24 | Mar-23 |
| EBIT-Margin
| 7.79 | 6.45 | 7.14 | 7.86 | 8.36 |
| Net Margin
| 3.76 | 2.63 | 2.83 | 4.10 | 4.34 |
| Return on equity
| 17.58 | 13.34 | 8.22 | 17.52 | 26.99 |
| Return on Capital
| 15.27 | 13.25 | 11.36 | 16.40 | 18.04 |
| Return on Assets
| 6.34 | 4.55 | 3.87 | 7.06 | 8.11 |
| Debt to Equity (x)
| -- | -- | 0.91 | 0.88 | 1.69 |
Profitability
ROCE
11.36
Lower than Peers by 2.71
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
11.36
|
16.40
|
18.04
|
9.57
|
10.89
|
|
Peer Median
|
14.07
|
--
|
18.66
|
14.42
|
--
|
ROE
8.22
Lower than Peers by 4.15
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
8.22
|
17.52
|
26.99
|
7.28
|
6.71
|
|
Peer Median
|
12.37
|
--
|
15.59
|
12.23
|
--
|
ROA
3.87
Lower than Peers by 3.67
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
3.87
|
7.06
|
8.11
|
2.04
|
1.66
|
|
Peer Median
|
7.53
|
--
|
7.33
|
5.60
|
--
|
EBIT Margin
7.14
Lower than Peers by 1.64
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
7.14
|
7.86
|
8.36
|
4.17
|
4.70
|
|
Peer Median
|
8.78
|
--
|
8.89
|
12.62
|
--
|
Net Margin
2.83
Lower than Peers by 3.70
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
2.83
|
4.10
|
4.34
|
1.04
|
0.85
|
|
Peer Median
|
6.53
|
--
|
7.37
|
7.25
|
--
|
Cash Profit Margin
4.74
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
4.74
|
6.00
|
5.94
|
2.66
|
2.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-9.82
Lower than Peers by 13.33
Year on year growth in net sales
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
-9.82
|
6.92
|
4.90
|
5.66
|
-2.39
|
|
Peer Median
|
3.51
|
--
|
23.86
|
53.86
|
--
|
EBIT Growth
-18.11
Lower than Peers by 20.86
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
-18.11
|
0.60
|
109.96
|
-6.09
|
6.84
|
|
Peer Median
|
2.75
|
--
|
-1.92
|
193.42
|
--
|
Net Profit Growth
-37.77
Lower than Peers by 36.73
Year on year growth in profit after tax
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
-37.77
|
1.19
|
338.23
|
29.74
|
1.80
|
|
Peer Median
|
-1.04
|
--
|
-0.03
|
213.34
|
--
|
EPS Growth
-37.77
Lower than Peers by 36.06
Year on year growth in earnings per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
-37.77
|
-25.75
|
338.24
|
29.74
|
-9.23
|
|
Peer Median
|
-1.70
|
--
|
--
|
190.82
|
--
|
Book Value Growth
7.45
--
Year on year growth in book value per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
7.45
|
77.47
|
28.18
|
7.61
|
35.67
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.91
Higher than Peers by 0.56
Total debt / Net worth
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
0.91
|
0.88
|
1.69
|
2.23
|
2.10
|
|
Peer Median
|
0.35
|
--
|
0.43
|
0.46
|
--
|
Short term debt to equity ratio
0.59
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
0.59
|
0.62
|
1.12
|
1.36
|
1.18
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.82
Higher than Peers by 0.34
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
1.82
|
1.81
|
1.35
|
1.37
|
1.36
|
|
Peer Median
|
1.48
|
--
|
1.67
|
1.52
|
--
|
Quick Ratio
0.69
Lower than Peers by 0.04
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
0.69
|
0.72
|
0.61
|
0.67
|
0.70
|
|
Peer Median
|
0.73
|
--
|
0.93
|
0.78
|
--
|
Interest Coverage
2.17
Lower than Peers by 2.77
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
2.17
|
3.26
|
3.43
|
1.49
|
1.33
|
|
Peer Median
|
4.94
|
--
|
7.61
|
4.20
|
--
|
Operating Efficiency
Debtors to sales
13.95
Higher than Peers by 2.37
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
13.95
|
9.43
|
11.32
|
12.90
|
16.59
|
|
Peer Median
|
11.58
|
--
|
14.63
|
10.24
|
--
|
Asset Turnover
1.36
Higher than Peers by 0.23
Sales / Average Total Assets
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
1.36
|
1.71
|
1.86
|
1.96
|
1.96
|
|
Peer Median
|
1.13
|
--
|
1.23
|
0.91
|
--
|
Receivable days
44.53
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
44.53
|
36.53
|
43.09
|
52.19
|
58.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
122.99
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
122.99
|
91.26
|
75.88
|
67.60
|
55.28
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
22.38
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
22.38
|
20.22
|
19.67
|
19.55
|
26.46
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
145.14
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
145.14
|
107.57
|
99.31
|
100.25
|
87.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
14.95
Lower than Peers by 10.89
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
14.95
|
12.59
|
--
|
--
|
--
|
|
Peer Median
|
25.84
|
--
|
16.71
|
9.42
|
--
|
Price / Book Value
1.19
Lower than Peers by 1.40
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
1.19
|
1.72
|
--
|
--
|
--
|
|
Peer Median
|
2.59
|
--
|
1.39
|
1.60
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.40
|
--
|
0.26
|
0.43
|
--
|
EV/EBITDA
7.89
Lower than Peers by 8.47
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
7.89
|
7.54
|
3.35
|
5.73
|
4.59
|
|
Peer Median
|
16.36
|
--
|
9.63
|
9.64
|
--
|
Market Cap
90
Lower than Peers by 3,230
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Maiden Forgings
|
90
|
122
|
--
|
--
|
--
|
|
Peer Median
|
3,320
|
--
|
1,595
|
2,547
|
--
|