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What is the PE ratio of Maiden Forgings Ltd?

Maiden Forgings Ltd has a price-to-earnings (PE) ratio of 23.7 in the Industrial Products sector.

What is the market capitalisation of Maiden Forgings Ltd?

Maiden Forgings Ltd has a market capitalisation of approximately ₹120 crore.

Maiden Forgings Ltd

MAIDENFORGINGSLTD·NSE·Industrial Products

₹0.00▲ +0.00 (+0.00%)

⚠️Trading suspended. Not a live price.

Industrial Products · Iron & Steel Products

A steady, established business

52W₹64

₹97-191%

Open

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High

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Low

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Prev Close

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Volume

—

VWAP

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Snapshot

Key fundamentals

Market Cap

₹120 Cr

P/E Ratio

23.70Fair

P/B Ratio

1.47

EPS

₹4.26

Book Value

₹57.09

ROE

6.37%Weak

ROCE

11.00%Decent

Dividend Yield

0.00%

Debt / Equity

0.85Moderate

Face Value

₹10.00

52W High

₹96.85

52W Low

₹63.52

Sector

Industrial Products

Industry

Iron & Steel Products

Fairly Valued

None moatVery High uncertainty

Fair value estimate

₹66

No recent traded price

BearFair valueBull

₹53₹66₹94

/100

Business quality — Watch the fundamentals

Growth 50Profitability 6Efficiency 15Valuation 62

Plain English

Our view

A steady, established business
Promoters hold a controlling stake
Weak returns on equity (6%)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

23.7Fair

Below 15× is value territory; above 35× prices in strong growth

ROE

6.4%Weak

Above 15% is considered healthy for Indian equities

ROCE

11.0%Decent

Above 18% means capital is working hard

Debt/Eq

0.85Moderate

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹120 Cr

P/B

1.47

EPS

₹4.26

Div Yield

—

What changed

Recent changes

Domestic institutions+0.1% stake last quarter

What matters

News impact

Overview

Valuation

Reasonable

P/E 23.7×

Growth

Slow

+2% rev CAGR

Profitability

Modest

6.4% ROE

Financial health

Comfortable

D/E 0.85

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover—

Trades—

VWAP—

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+1.6%

+3.1%

10Y

—

Profit

-21.3%

+19.5%

10Y

—

EPS

-9.5%

+16.1%

10Y

—

Profile

Cons

Though the company is reporting repeated profits, it is not paying out dividend
The company has delivered a poor sales growth of 3.08% over past five years.
Company has a low return on equity of 9.98% over last 3 years.
Debtor days have increased from 49.1 to 62.1 days.
Promoter holding has decreased over last 3 years: -28.0%

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Domestic institutions added 0.15 pts last quarter. The QoQ column shows each group's change versus the prior quarter.

72%

Promoter

Promoters

72.0%0.00

Public

24.6%+0.23

FII / FPI

0.0%0.00

DII

0.1%+0.15

Others

3.3%

Total shareholders

1,071-217 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter71.97%

DII0.15%

Public24.60%

Others3.28%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 2005, Maiden Forgings Ltd does manufacturing and sales of ferrous metal products including steel bright bars, wires, profiles, ground bars and nails[1]