Key Highlights

  • Mayfield Group Holdings Ltd (ASX:MYG) was quoted at AUD 1.605 on 30 October 2026, down 7.23% for the session; the discussion covers FY26 results and Business operations.
  • FY26 Revenue increased 43.0% YoY to AUD 169.0 million from AUD 118.1 million in FY25.
  • The underlying EBITDA Margin increased from 10.1% to 10.9%.

Mayfield Group Holdings Ltd (ASX:MYG) supplies electrical infrastructure products and services, including switchboards, transportable switchrooms, communications and power systems. Its Manufacturing and services operations support several Australian industries. On 30 October 2026, Mayfield Group Holdings Ltd (ASX:MYG) was quoted at AUD 1.605, down 7.23% on the day. The operating discussion below brings together its reported financial performance, business developments and the stated position at the reporting date.

Financial Performance and Comparisons

FY26 revenue increased 43.0% YoY to AUD 169.0 million from AUD 118.1 million in FY25. Underlying EBITDA rose 54.0% YoY to AUD 18.5 million from AUD 12.0 million.

The underlying EBITDA margin increased from 10.1% to 10.9%. Mayfield (ASX:MYG) reported higher revenue from manufacturing and acquired operations, with part of the improvement generated organically.

Operations and Business Activity

Underlying NPAT increased 50.1% YoY to AUD 10.9 million, while statutory NPAT increased 18.9% to AUD 8.0 million. The difference reflects separately disclosed acquisition-related and other items.

Statutory profit before tax reached AUD 12.8 million, increasing 29.2% YoY. Underlying Basic Earnings Per Share increased 28.8% to 10.1 cents, while basic reported EPS grew 2.1% to 7.38 cents.

Capital, Cash and Reporting Measures

Operating cash flow decreased 47.1% to AUD 5.0 million, compared with AUD 9.5 million in FY25. Cash at 30 June 2026 rose to AUD 21.8 million from AUD 16.9 million.

Mayfield (ASX:MYG) reported approximately AUD 135 million of work in hand at 30 June 2026. Management issued FY27 revenue guidance of AUD 224 million to AUD 229 million, a forecast rather than realised revenue.

Management distinguished statutory earnings from underlying results after exclusions for specifically identified costs. Acquired operations contributed to the revenue growth, while manufacturing expansion also involved capacity investments. The FY27 revenue interval is management guidance, not an amount already contracted or earned during FY26.

Current Projects and Reported Outlook

The company reported that two acquisitions completed during FY26 and it raised AUD 33.5 million of new equity. It also described increased manufacturing capacity in South Australia and Western Australia.

Management attributed FY26 revenue growth partly to contributions from acquired businesses and improved activity in the manufacturing operation. Its other capabilities include critical control, communications and product solutions.

Key Insights

Mayfield Group Holdings Ltd (ASX:MYG) reported a combination of FY26 financial outcomes and activity across its business lines. The latest presentation distinguishes revenue and earnings measures, operating changes and items relating to later periods. The reported figures should be read with their stated dates and definitions; targets and prospective activity are not the same as completed work or realised earnings.