Results Snapshot
Figures in Cr
Standalone - Balance Sheet Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Balance Sheet Analysis Highlights
Borrowings
YoY Growth in year ended Mar 2026 is 0.01% vs 10.58% in Mar 2025
Other Long Term Liabilities
No Other Long Term Liabilities in the last few periods;
Fixed Assets
YoY Growth in year ended Mar 2026 is 1.26% vs 27.33% in Mar 2025
Investments
No Investments in the last few periods;
Current Assets
YoY Growth in year ended Mar 2026 is 13.11% vs 9.26% in Mar 2025
Compare Balance Sheet Results of Maiden Forgings
Figures in Cr
Standalone - Balance Sheet Results
Change(INR)
Change(%)
No of Months
12
12
EQUITY AND LIABILITIES
Share Capital
14.21
46.76
-32.55
-69.61%
Share Warrants & Outstandings
Total Reserve
66.92
110.35
-43.43
-39.36%
Shareholder's Funds
81.13
157.12
-75.99
-48.36%
Minority Interest
0.00
0.00
0.00
0.00%
Long-Term Borrowings
17.10
13.49
3.61
26.76%
Secured Loans
9.14
13.49
-4.35
-32.25%
Unsecured Loans
7.96
0.00
7.96
0.00%
Deferred Tax Assets / Liabilities
0.32
3.81
-3.49
-91.60%
Other Long Term Liabilities
0.00
3.57
-3.57
-100.00%
Long Term Trade Payables
0.00
0.00
0.00
0.00%
Long Term Provisions
0.26
1.23
-0.97
-78.86%
Total Non-Current Liabilities
17.67
22.09
-4.42
-20.01%
Current Liabilities
Trade Payables
18.43
13.90
4.53
32.59%
Other Current Liabilities
9.20
5.71
3.49
61.12%
Short Term Borrowings
52.22
19.49
32.73
167.93%
Short Term Provisions
2.06
3.16
-1.10
-34.81%
Total Current Liabilities
81.91
42.27
39.64
93.78%
Total Liabilities
180.71
221.47
-40.76
-18.40%
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00%
Gross Block
68.86
83.04
-14.18
-17.08%
Less: Accumulated Depreciation
34.51
57.10
-22.59
-39.56%
Less : Impairment of Assets
0.00
0.00
0.00
0.00%
Net Block
34.35
25.94
8.41
32.42%
Lease Adjustment
0.00
0.00
0.00
0.00%
Capital Work in Progress
3.53
35.34
-31.81
-90.01%
Intangible assets under development
0.00
0.00
0.00
0.00%
Pre-operative Expenses pending
0.00
0.00
0.00
0.00%
Assets in transit
0.00
0.00
0.00
0.00%
Non Current Investments
0.00
0.00
0.00
0.00%
Long Term Loans & Advances
4.22
15.91
-11.69
-73.48%
Other Non Current Assets
0.19
0.00
0.19
0.00%
Total Non-Current Assets
42.30
77.50
-35.20
-45.42%
Current Assets Loans & Advances
Current Investments
0.00
0.00
0.00
0.00%
Inventories
83.12
50.80
32.32
63.62%
Sundry Debtors
39.42
32.01
7.41
23.15%
Cash and Bank
2.16
16.28
-14.12
-86.73%
Other Current Assets
1.84
0.06
1.78
2,966.67%
Short Term Loans and Advances
11.88
44.84
-32.96
-73.51%
Total Current Assets
138.42
143.97
-5.55
-3.85%
Net Current Assets (Including Current Investments)
56.51
101.71
-45.20
-44.44%
Total Current Assets Excluding Current Investments
138.42
143.97
-5.55
-3.85%
Miscellaneous Expenses not written off
0.19
0.00
0.19
0.00%
Total Assets
180.71
221.47
-40.76
-18.40%
Contingent Liabilities
0.00
6.71
-6.71
-100.00%
Total Debt
69.31
32.98
36.33
110.16%
Book Value per share (adjusted)
57.09
33.60
23.49
69.91%
Annual - Borrowings
Borrowings 69.31 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 0.01% vs 10.58% in Mar 2025
Annual - Other Long Term Liabilities
No Other Long Term Liabilities in the last few periods
No Other Long Term Liabilities in the last few periods;
Annual - Fixed Assets
Fixed Assets 37.88 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 1.26% vs 27.33% in Mar 2025
Annual - Investments
No Investments in the last few periods
No Investments in the last few periods;
Annual - Current Assets
Current Assets 138.42 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 13.11% vs 9.26% in Mar 2025






