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Mayfield Group Holdings Limited ( (AU:MYG) ) just unveiled an update.
Mayfield Group Holdings has lifted its consolidated work in hand to about $151 million as of 6 May 2026, reflecting strong demand across data centres, renewable energy, infrastructure, power generation, mining and international markets. The order book now includes a record $15.7 million data centre switchboard contract and the first $2 million export deal to Botswana via SMEC Power & Technology, underlining the benefits of recent acquisitions and the group’s growing role in supplying the electrical backbone for Australia’s energy and digital build-out.
New orders of $31 million since March 2026 were secured across all four operating businesses, with Mayfield Industries contributing the bulk and BE Switchcraft, SMEC Power & Technology and ATI also adding to growth. Management flagged manageable constraints around medium-voltage component lead times and labour availability in Western Australia but said procurement and workforce planning are in place, and the expanding pipeline in data centres, grid-scale batteries and critical minerals processing is expected to support revenue into FY2027 and strengthen Mayfield’s competitive positioning.
The most recent analyst rating on (AU:MYG) stock is a Buy with a A$2.65 price target. To see the full list of analyst forecasts on Mayfield Group Holdings Limited stock, see the AU:MYG Stock Forecast page.
More about Mayfield Group Holdings Limited
Mayfield Group Holdings Limited is an Australian manufacturer and service provider of critical electrical infrastructure that supports energy transition, data centre expansion, defence, mining and major infrastructure projects. Operating advanced facilities in Adelaide, Perth and Kalgoorlie, it supplies switchboards, switchrooms, substations and control systems through business units spanning modular electrical manufacturing, commercial electrical solutions, underground mining infrastructure, critical power equipment and communications and control systems.
Average Trading Volume: 313,938
Technical Sentiment Signal: Buy
Current Market Cap: A$281.2M
See more insights into MYG stock on TipRanks’ Stock Analysis page.