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Mayfield Group Holdings Limited ( (AU:MYG) ) just unveiled an announcement.
Mayfield Group Holdings has lifted its consolidated work-in-hand to about $135 million as of 14 April 2026, an 18.5% increase since December and the first figure to include SMEC Power & Technology. The diversified order book spans data centres, renewable energy, transport infrastructure, conventional power and mining, and showcases demand across its range of switchrooms, Moducell switchboards, protection and control panels and kiosk substations.
Recent contract wins exceed $21 million, led by a $10.2 million package for protection and control panels on a major renewable energy zone and substantial orders for infrastructure tunnelling and multiple power projects. Management says the growing pipeline, supported by electrification, renewables, data centre expansion and infrastructure modernisation, underpins a positive outlook for FY2026 and FY2027 as the group focuses on executing its enlarged order book and leveraging its expanded market reach.
The most recent analyst rating on (AU:MYG) stock is a Buy with a A$3.40 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 designer, manufacturer and servicer of critical electrical infrastructure that underpins the country’s energy transition, data centre growth, defence programs, mining operations and major infrastructure. Operating advanced manufacturing facilities in Adelaide, Perth and Kalgoorlie with service teams across mainland capitals, it supplies modular switchrooms, switchboards, kiosk substations and critical power equipment via business units including Mayfield Industries, BE Switchcraft, SMEC Power & Technology and Power Parameters.
Average Trading Volume: 354,668
Technical Sentiment Signal: Buy
Current Market Cap: A$259.1M
Find detailed analytics on MYG stock on TipRanks’ Stock Analysis page.