Expansion21 Jul 2026, 05:21 pm
Maiden Forgings Commences Operations at New Bhojpur Facility
AI Summary
Maiden Forgings Limited has commenced operations at its new manufacturing facility in Bhojpur, marking the completion of Phase I of its Unit II consolidation. The new facility is technologically upgraded and larger, aiming for significant cost savings of at least ₹25,00,000 monthly. This expansion is expected to enhance operational efficiency, strengthen its B2G presence, particularly in the defence sector, and improve its balance sheet. The company also anticipates margin expansion from new product lines and has dedicated space for future growth and innovation. The company's FY26 financials showed revenue of ₹233.96 Cr, with EBITDA at ₹17.22 Cr and Net Profit at ₹5.02 Cr.
Key Highlights
- New Bhojpur manufacturing facility is now operational.
- Phase I of Unit II consolidation completed, targeting ₹2.5 Cr annual savings.
- Enhanced B2G presence and operational efficiency expected.
- Facility supports future growth, innovation, and margin expansion.
- FY26 revenue ₹233.96 Cr, Net Profit ₹5.02 Cr.
Price Impact
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