Maiden Forgings Peer Comparison

BSE: 543874

₹103.05

₹0.00 (0.00%)

As on 22-Sep-2026 10:50IST

Market cap

₹146 Cr

Revenue (TTM)

₹213 Cr

P/E Ratio

29.2

P/B Ratio

1.9

Div. Yield

0 %

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	Maiden Forgings	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Market cap (₹ Cr)	146	72,862	30,488	18,731	12,446
Revenue (₹ Cr)	213	17,300	19,574	18,263	13,938
Net Profit (₹ Cr)	6.05	1,405.08	1,120.14	597.08	83.67
Net Margin (%)	2.83	8.05	5.67	3.25	0.60
RoE (%)	8.22	26.62	9.97	5.30	0.64
Price to Earnings	29.16	31.55	27.15	28.66	148.75
Price-To-Book	1.92	7.61	2.56	1.48	0.94

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Maiden Forgings	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Operating Revenue	212.91	13,977.54	15,158.63	20,828.89	8,503.05
Total Income	213.57	14,167.33	15,390.44	21,038.99	8,574.56
Total Expenditure	193.66	12,309.36	13,294.28	17,490.79	10,291.30
EBITDA	19.25	1,668.18	1,864.35	3,338.11	-1,788.25
Depreciation	4.05	351.07	711.17	602.06	953.04
EBIT	15.20	1,317.11	1,153.18	2,736.05	-2,741.29
Interest	7.32	319.65	143.92	623.45	651.94
Other Income	0.66	189.79	231.81	210.09	71.51
Exceptional Items	--	465.68	--	--	--
Profit before Tax	8.54	2,261.88	1,241.19	2,348.97	-3,321.72
Provision for Tax	2.49	359.60	331.93	890.92	-947.94
Profit after Tax	6.05	1,902.28	909.26	1,458.05	-2,373.78

Liabilities (₹ Cr)

	Maiden Forgings	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Shareholder's Funds	76.47	7,462.72	10,553.33	11,410.96	13,114.48
Minority Interest	--	266.03	724.75	-456.88	--
Non-Current Liabilities	20.53	1,150.35	1,358.64	2,727.91	3,853.94
Current Liabilities	67.24	6,667.66	5,235.11	6,983.29	9,900.65
Total Liabilities	164.24	15,546.76	17,871.83	20,665.28	28,467.07

Assets (₹ Cr)

	Maiden Forgings	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Non-Current Assets	41.64	6,764.22	11,711.14	10,559.87	21,018.20
Current Assets	122.38	8,776.94	6,160.69	10,105.41	5,850.87
Total Assets	164.24	15,546.76	17,871.83	20,665.28	28,467.07
Total Debt*	69.30	923.71	779.46	4,645.76	5,897.64
Net Current Assets	55.14	2,109.28	925.58	3,122.12	-4,049.78
Contingent Liabilities	--	251.44	559.52	4,235.84	3,602.51

Cashflow (₹ Cr)

	Maiden Forgings	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Cash From Operating Activities	4.52	1,503.67	1,713.43	2,335.16	1,965.98
Cash Flow from Investing Activities	-9.03	180.22	-1,653.73	-898.80	-505.68
Cash from Financing Activities	4.69	-1,369.08	-35.99	-1,523.56	-1,459.91
Net Cash Inflow / Outflow	0.17	314.81	23.71	-87.20	0.39

Ratios

Profitability Ratios

	Maiden Forgings	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
ROCE (%)	11.36	32.45	12.84	18.73	-12.98
ROE (%)	8.22	29.21	8.97	13.62	-16.60
ROA (%)	3.87	13.81	5.53	7.05	-8.54
EBIT Margin (%)	9.35	13.29	13.83	17.04	-20.19
Net Margin (%)	2.83	13.43	5.91	6.93	-27.68
Cash Profit Margin (%)	4.74	16.08	10.69	9.89	-16.71

Growth Ratios

	Maiden Forgings	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Revenue Growth (%)	-9.82	-19.39	14.88	-0.61	178.88
EBIT Growth (%)	-17.83	3.00	21.24	1.69	-30.29
Net Profit Growth (%)	-37.77	67.45	-11.64	-8.46	-52.13
EPS Growth (%)	-37.77	71.40	-12.30	3.66	-52.14
Book Value Growth (%)	7.45	32.72	9.22	13.37	-15.33

Valuation Ratios

	Maiden Forgings	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Price / Earnings	14.95	11.94	26.17	9.94	0.00
Price / Book Value	1.19	3.07	2.25	1.52	0.74
Dividend Yield (%)	0.00	0.58	0.53	0.74	0.00
EV/EBITDA	7.89	12.09	11.68	5.96	-8.60
Market Cap (₹ Cr)	90.42	22,790.38	23,761.15	17,273.40	9,767.45

Solvency Ratios

	Maiden Forgings	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Debt to Equity	0.91	0.12	0.07	0.41	0.45
Short term debt to equity ratio	0.59	0.02	0.05	0.23	0.12
Current Ratio	1.82	1.32	1.18	1.45	0.59
Quick Ratio	0.69	0.68	0.61	0.74	0.28
Interest Coverage	2.17	8.08	9.62	4.77	-4.10

Operating Efficiency Ratios

	Maiden Forgings	Welspun	Shyam Metalics	Jindal Saw	NMDC Steel
Debtors to sales (%)	13.95	12.66	5.23	17.11	2.32
Asset Turnover	1.36	1.02	0.92	1.01	0.31
Receivable days	44.53	46.48	18.06	61.63	5.03
Inventory Days	122.99	85.02	62.04	86.00	145.09
Payable days	22.38	55.04	88.17	51.19	177.59
Cash Conversion Cycle	145.14	76.45	-8.06	96.44	-27.47

Annual
Quarterly