Maiden Forgings Ltd Stock Price Today (NSE: MAIDEN)
Fundamental Score
Maiden Forgings Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Maiden Forgings Ltd share price today is ₹103.00, down 1.90% on NSE/BSE as of 16 September 2026. Maiden Forgings Ltd (MAIDEN) is a Small-cap company in the Iron & Steel Products sector with a market capitalisation of ₹146.38 (Cr). The 52-week high for MAIDEN share price is ₹125.00 and the 52-week low is ₹63.52. At a P/E ratio of 25.32x, MAIDEN is currently trading above its industry average P/E of 22.88x. The company has a Return on Equity (ROE) of 6.37% and a debt-to-equity ratio of 0.85.
Maiden Forgings Ltd Share Price Chart — NSE/BSE Historical Performance
Maiden Forgings Ltd share price chart: 0.35% return over the past month. 52-week high ₹125.00, 52-week low ₹63.52.
Maiden Forgings Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹107.40 | ₹107.50 | ₹103.00 | ₹103.00 | 10.00K (Cr) | |
| ₹105.05 | ₹107.00 | ₹103.00 | ₹105.00 | 12.00K (Cr) | |
| ₹108.00 | ₹108.00 | ₹106.00 | ₹106.25 | 6.00K (Cr) | |
| ₹106.50 | ₹125.00 | ₹106.50 | ₹107.50 | 26.00K (Cr) | |
| ₹106.90 | ₹107.95 | ₹106.00 | ₹106.35 | 6.00K (Cr) | |
| ₹106.40 | ₹108.75 | ₹105.25 | ₹106.90 | 19.00K (Cr) | |
| ₹107.00 | ₹108.00 | ₹106.30 | ₹106.40 | 24.00K (Cr) | |
| ₹111.95 | ₹111.95 | ₹107.00 | ₹107.00 | 15.00K (Cr) | |
| ₹106.00 | ₹107.95 | ₹106.00 | ₹107.65 | 14.00K (Cr) | |
| ₹106.10 | ₹106.50 | ₹106.00 | ₹106.20 | 13.00K (Cr) |
Maiden Forgings Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹107.15 | ₹125.00 | ₹103.00 | ₹103.00 | -3.87% | |
| ₹100.25 | ₹114.90 | ₹100.25 | ₹107.16 | +6.89% | |
| ₹77.05 | ₹100.00 | ₹76.51 | ₹99.09 | +28.60% | |
| ₹80.00 | ₹81.85 | ₹74.00 | ₹77.00 | -3.75% | |
| ₹83.01 | ₹83.01 | ₹75.00 | ₹81.00 | -2.42% | |
| ₹80.95 | ₹90.00 | ₹70.77 | ₹85.45 | +5.56% | |
| ₹85.00 | ₹90.00 | ₹63.52 | ₹69.04 | -18.78% | |
| ₹88.65 | ₹91.85 | ₹84.25 | ₹85.23 | -3.86% | |
| ₹92.94 | ₹96.85 | ₹86.00 | ₹89.70 | -3.49% | |
| ₹85.20 | ₹95.90 | ₹85.00 | ₹91.51 | +7.41% | |
| ₹84.00 | ₹87.90 | ₹80.00 | ₹85.89 | +2.25% | |
| ₹75.01 | ₹88.00 | ₹74.00 | ₹84.96 | +13.26% |
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Maiden Forgings Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Maiden Forgings Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MAIDEN across key market metrics for learning purposes.
Positive Indicators
6 factors identified
Robust Profit Growth (46.50%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (17.67%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Strong Profit Growth Track Record (24.33% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Healthy Liquidity Position (Current Ratio: 1.82)
Observation: Strong short-term liquidity to meet obligations.
Analysis: Current ratio >1.5 indicates good working capital management.
Balanced Promoter Holding (71.97%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
7 factors identified
Below-Average Return on Equity (6.37%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Limited Growth History (3.08% CAGR)
Observation: Below-average 5-year sales growth trajectory.
Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.
Weak Earnings Growth (1.73% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Weak Interest Coverage (2.02x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Negative Free Cash Flow (₹-15.58 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Limited Institutional Interest (FII+DII: 0.15%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Maiden Forgings Ltd vs Iron & Steel Products Peers
Peer Comparison - Iron & Steel Products
Compare Maiden Forgings Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Maiden Forgings LtdMaiden Forgings...Selected✓ MAIDEN • 543874 | 44.2/100 | ₹103.00₹103 | ₹146.38₹146.38 | 25.32Average 25.3 Average | 6.37%Poor 6.37% Poor | 14.02%Average 14.02% Average | 0.85Good 0.9 Good | 24.33%Excellent 24.33% Excellent | 3.08%Average 3.08% Average | 0.00% |
Welspun Corp LimitedWelspun Corp Li... WELCORP • 532144 | 64.3/100 | ₹2608.50₹2609 | ₹68812.23₹68812.23 | 29.78Average 29.8 Average | 19.41%Good 19.41% Good | 19.20%Good 19.20% Good | 0.24Excellent 0.2 Excellent | 21.12%Excellent 21.12% Excellent | 21.10%Excellent 21.10% Excellent | 0.30% |
APL Apollo Tubes LimitedAPL Apollo Tube... APLAPOLLO • 533758 | 58.7/100 | ₹2168.00₹2168 | ₹60205.36₹60205.36 | 48.97Average 49.0 Average | 25.31%Excellent 25.31% Excellent | 30.79%Excellent 30.79% Excellent | 0.09Excellent 0.1 Excellent | 27.28%Excellent 27.28% Excellent | 22.11%Excellent 22.11% Excellent | 0.32% |
Shyam Metalics and Energy LimitedShyam Metalics ... SHYAMMETL • 543299 | 56.3/100 | ₹1073.70₹1074 | ₹29889.66₹29889.66 | 26.67Average 26.7 Average | 9.70%Poor 9.70% Poor | 13.51%Average 13.51% Average | 0.09Excellent 0.1 Excellent | 4.88%Average 4.88% Average | 24.12%Excellent 24.12% Excellent | 0.44% |
Ratnamani Metals & Tubes LimitedRatnamani Metal... RATNAMANI • 520111 | 45.6/100 | ₹2859.20₹2859 | ₹20040.70₹20040.70 | 46.30Average 46.3 Average | 12.46%Average 12.46% Average | 17.51%Good 17.51% Good | 0.07Excellent 0.1 Excellent | 12.16%Good 12.16% Good | 14.35%Good 14.35% Good | 0.38% |
Jindal Saw LimitedJindal Saw Limi... JINDALSAW • 500378 | 50.8/100 | ₹311.70₹312 | ₹19933.22₹19933.22 | 30.41Average 30.4 Average | 8.12%Poor 8.12% Poor | 11.44%Average 11.44% Average | 0.37Excellent 0.4 Excellent | 214.01%Excellent 214.01% Excellent | 178.59%Excellent 178.59% Excellent | 0.78% |
Godawari Power And Ispat limitedGodawari Power ... GPIL • 532734 | 57.1/100 | ₹253.04₹253 | ₹15612.57₹15612.57 | 19.30Average 19.3 Average | 14.95%Average 14.95% Average | 19.76%Good 19.76% Good | 0.07Excellent 0.1 Excellent | 4.64%Average 4.64% Average | 5.73%Good 5.73% Good | 0.39% |
Usha Martin LimitedUsha Martin Lim... USHAMART • 517146 | 69.7/100 | ₹498.65₹499 | ₹15213.81₹15213.81 | 29.95Average 29.9 Average | 15.39%Good 15.39% Good | 19.51%Good 19.51% Good | 0.04Excellent 0.0 Excellent | 25.51%Excellent 25.51% Excellent | 11.97%Good 11.97% Good | 0.60% |
Gallantt Ispat LimitedGallantt Ispat ... GALLANTT • 532726 | 61.9/100 | ₹557.10₹557 | ₹13441.76₹13441.76 | 30.95Average 30.9 Average | 15.73%Good 15.73% Good | 19.20%Good 19.20% Good | 0.17Excellent 0.2 Excellent | 42.84%Excellent 42.84% Excellent | 32.13%Excellent 32.13% Excellent | 0.18% |
Maharashtra Seamless LimitedMaharashtra Sea... MAHSEAMLES • 500265 | 60.6/100 | ₹676.20₹676 | ₹9061.08₹9061.08 | 12.29Average 12.3 Average | 10.61%Average 10.61% Average | 27.01%Excellent 27.01% Excellent | 0.00Excellent 0.0 Excellent | 48.22%Excellent 48.22% Excellent | 15.16%Excellent 15.16% Excellent | 1.70% |
Jayaswal Neco Industries LimitedJayaswal Neco I... JAYNECOIND • 522285 | 47/100 | ₹91.36₹91 | ₹8870.96₹8870.96 | 15.72Average 15.7 Average | 17.75%Good 17.75% Good | 22.70%Excellent 22.70% Excellent | 0.74Good 0.7 Good | 23.24%Excellent 23.24% Excellent | 13.99%Good 13.99% Good | 0.00% |
Top Iron & Steel Products Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Welspun Corp Limited share price68812.23 Cr
- APL Apollo Tubes Limited share price60205.36 Cr
- Shyam Metalics and Energy Limited share price29889.66 Cr
- Ratnamani Metals & Tubes Limited share price20040.70 Cr
- Jindal Saw Limited share price19933.22 Cr
Maiden Forgings Ltd PE Ratio History
Historical price-to-earnings ratio for MAIDEN — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2024 | ₹6.84 | ₹77.74 | 11.4x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Maiden Forgings Ltd Quarterly Performance
Latest quarterly metrics for MAIDEN — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
17.67%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
46.50%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
3.08%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
24.33%
Compounded annual net profit growth over 5 years
Maiden Forgings Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for MAIDEN — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Maiden Forgings Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Maiden Forgings Ltd (MAIDEN) — sourced from NSE/BSE filings.
Financial Results & Statements
Latest quarterly, annual and period-wise financial data for Maiden Forgings Ltd
About MAIDEN (Maiden Forgings Ltd)
Maiden Forgings Ltd is a prominent Indian manufacturer specializing in a diverse range of ferrous metal products, establishing itself as a key player in the nation's iron and steel... industry. Their core business revolves around transforming raw materials into high-quality finished goods, catering to various industrial and commercial applications. The company prides itself on its comprehensive product portfolio, encompassing everything from robust steel bars, meticulously crafted wires, and precisely formed profiles. This breadth of offerings allows Maiden Forgings to serve a wide spectrum of customer needs, providing tailored solutions that meet specific technical requirements and industry standards. At the heart of Maiden Forgings' operations lies a commitment to precision and quality. They employ advanced manufacturing processes and stringent quality control measures to ensure that every product meets the highest standards of durability, performance, and consistency. Whether it's the bright finish of their stainless steel bars or the exacting tolerances of their steel wires, Maiden Forgings strives for excellence in every aspect of production. This dedication to quality has earned them a reputation for reliability and trust among their customers, solidifying their position as a preferred supplier in the market. Their use of plastic strip nails and wire collected nails is popular with construction and other industries for efficiency. Maiden Forgings' commitment extends beyond product quality to encompass sustainability and responsible manufacturing practices. They are continuously exploring ways to minimize their environmental impact, implementing initiatives to reduce waste, conserve energy, and promote the responsible sourcing of raw materials. By embracing sustainable practices, Maiden Forgings aims to contribute to a cleaner and more environmentally conscious future while continuing to deliver exceptional value to its customers and stakeholders. The company has a long history of nail making but has branched into other markets to survive.
Company Details
Key Leadership
MAIDEN Share Price: Frequently Asked Questions
What is the current share price of Maiden Forgings Ltd?
Maiden Forgings Ltd (MAIDEN) trades at ₹103.00 on NSE and BSE. Market cap ₹146.38 (Cr). Educational data only.
What is the P/E ratio of Maiden Forgings Ltd?
Maiden Forgings Ltd has a P/E of 25.32x vs industry average 22.88x.
What is the Bull Run score for Maiden Forgings Ltd?
Maiden Forgings Ltd has a Bull Run score of 44.2/100 based on 25+ financial parameters.
Does Maiden Forgings Ltd pay dividends?
Maiden Forgings Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Maiden Forgings Ltd?
Maiden Forgings Ltd has ROE of 6.37%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Maiden Forgings Ltd?
Maiden Forgings Ltd has debt-to-equity of 0.85.
Is Maiden Forgings Ltd a good investment?
Bull Run gives Maiden Forgings Ltd a score of 44.2/100. This is not investment advice — consult a SEBI-registered advisor.