Happy Forgings
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Happy Forgings

1,179.10
-37.80
(-3.11%)
Market Cap
11,122.21 Cr
PE Ratio
40.13
Volume
53,121.00
Day High - Low
1,214.90 - 1,161.00
52W High-Low
1,370.00 - 724.10
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Key Fundamentals
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Market Cap
11,122.21 Cr
EPS
28.39
PE Ratio
40.13
PB Ratio
5.85
Book Value
207.67
EBITDA
444.10
Dividend Yield
0.25 %
Return on Equity
14.46
Debt to Equity
0.11
Analyst Rating and Forecast
- By Refinitiv from6 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+83.33 %
+83.33 %
Hold
Hold0.0 %
0.0 %
Sell
Sell+16.67 %
+16.67 %
Forecast For
Actual

Company News

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negative
Happy Forgings Limited disclosed a violation of SEBI insider trading regulations by its CFO involving contra trades worth ₹1.05 crore. The Audit Committee issued a warning without penalty.
positive
Happy Forgings Limited allotted 22,540 equity shares to employees under ESOP, increasing paid-up share capital from Rs. 18,86,55,842 to Rs. 18,87,00,922 with total equity shares rising to 9,43,50,461.
neutral
India Business Excellence Fund III disposed of 39.10 lakh equity shares of Happy Forgings Limited between June 2025 and February 2026, reducing its stake to zero from 4.15%.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
3,458.40
#1 32,273.92
28.03
#1 4,619.10
-10.05
#1 1,060
13.17
39.05
1,179.10
#2 11,122.21
#8 40.13
#2 1,446.30
#6 5.45
#2 267
#4 22.14
42.02
408.65
4,658.28
20.50
940.80
#1 65.02
204
20.51
37.34
228.05
2,307.87
24.57
380.60
-7.73
72
7.29
52.03
1,288.00
1,384.42
38.54
142.00
9.65
36
52.17
46.89
118.99
1,035.23
22.68
1,268.80
-0.97
37
165.00
52.21
487.65
757.95
95.93
363.70
10.85
17
-125.42
41.99
513.00
513.00
51.16
165.80
-3.66
6
#1 600.00
44.52
907.00
383.89
#1 19.69
178.20
22.64
23
-22.45
48.04
77.70
301.57
20.09
70.80
49.05
17
-93.14
36.74
Growth Rate
Revenue Growth
5.45 %
Net Income Growth
10.04 %
Cash Flow Change
54.31 %
ROE
-4.05 %
ROCE
-4.99 %
EBITDA Margin (Avg.)
5.06 %

Quarterly Financial Results

Quarterly Financials
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Revenue
296
304
333
344
345
351
349
374
361
362
364
384
400
Expenses
221
217
230
249
247
246
244
256
253
250
253
262
271
EBITDA
75
88
104
94
99
104
105
118
108
112
112
122
129
Operating Profit %
25 %
28 %
30 %
27 %
28 %
28 %
29 %
29 %
29 %
29 %
29 %
31 %
31 %
Depreciation
16
14
16
16
17
16
18
20
19
20
21
22
22
Interest
4
5
3
4
4
1
1
2
2
3
2
2
3
Profit Before Tax
56
68
86
74
78
88
86
97
87
90
89
99
104
Tax
15
17
21
19
20
22
22
26
22
22
23
25
25
Net Profit
42
51
64
55
58
66
64
71
65
68
66
73
79
EPS in ₹
4.65
5.67
7.16
6.17
6.46
7.25
6.77
7.58
6.85
7.18
6.97
7.79
8.37

Balance Sheet

Balance Sheet
2021
2022
2023
2024
2025
Total Assets
874
1,130
1,326
1,886
2,215
Fixed Assets
415
456
678
744
908
Current Assets
335
425
489
742
919
Capital Work in Progress
40
212
75
127
123
Investments
0
0
0
0
80
Other Assets
419
461
573
1,016
1,105
Total Equity & Liabilities
874
1,130
1,326
1,886
2,215
Current Liabilities
176
245
257
242
326
Non Current Liabilities
54
97
81
32
39
Total Equity
645
788
988
1,613
1,850
Reserve & Surplus
636
770
970
1,594
1,831
Share Capital
9
18
18
19
19

Cash Flow

Cash Flow
2021
2022
2023
2024
2025
Net Cash Flow
1
-3
0
1
12
Investing Activities
-59
-166
-172
-470
-320
Operating Activities
60
80
210
189
292
Financing Activities
-0
83
-37
281
40

Share Holding

% Holding
Aug 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Promoter
88.24 %
78.60 %
78.60 %
78.60 %
78.60 %
78.60 %
78.57 %
78.54 %
78.52 %
78.50 %
FIIs
0.00 %
0.00 %
1.12 %
2.24 %
2.28 %
2.28 %
2.19 %
2.17 %
2.02 %
1.84 %
DIIs
0.00 %
4.00 %
16.93 %
16.69 %
17.14 %
17.06 %
17.07 %
16.98 %
17.01 %
16.73 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
0.00 %
6.26 %
2.98 %
2.21 %
1.78 %
1.83 %
1.89 %
1.98 %
2.06 %
2.46 %
Others
11.76 %
11.13 %
0.37 %
0.26 %
0.20 %
0.22 %
0.28 %
0.34 %
0.39 %
0.47 %
No of Share Holders
8
2,51,941
93,587
74,090
65,376
64,982
64,670
63,790
61,075
61,484

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 0.00 0.00 0.00 0.00 0.00 0.00 1.3 4 3 0.00
Dividend Yield (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.15 0.51 0.25 0.00

Announcements

Closure of Trading Window2 days ago
Reporting Of Violation Under SEBI (PIT) Regulations 20153 days ago
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSMar 13, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 24, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 18, 2026
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 16, 2026
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Feb 13, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 10, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 10, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 09, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationFeb 09, 2026
Amendment In Code Of Fair Disclosure Of UPSIFeb 09, 2026
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportFeb 09, 2026
Results For The Quarter And Nine Months Ended 31St Dec 2025Feb 09, 2026
Board Meeting Outcome for Outcome Of Board MeetingFeb 09, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 29, 2026
Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter And Nine Months Ended On 31St December 2025Jan 28, 2026
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsJan 13, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 08, 2026
Closure of Trading WindowDec 27, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 13, 2025
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSDec 02, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 13, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 07, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 07, 2025
Board Comments On Fine Levied By BSE & NSENov 06, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportNov 06, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 06, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationNov 06, 2025
Financial Results For Quarter And Half Year Ended 30Th Sep 2025Nov 06, 2025
Board Meeting Outcome for Outcome Of BMNov 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 31, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 28, 2025
Corrigendum To Letter Dated October 182025Oct 19, 2025
Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter And Half Year Ended 30Th Sep 2025Oct 18, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 08, 2025
Announcement under Regulation 30 (LODR)-Credit RatingOct 01, 2025
Closure of Trading WindowSep 24, 2025
Announcement under Regulation 30 (LODR)-Credit RatingSep 16, 2025
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSSep 10, 2025
Copy Of Letter Sent To ShareholdersSep 10, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 10, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 23, 2025
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 18, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 11, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 10, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 09, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationAug 09, 2025
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 09, 2025
Financial Results For The Quarter Ended 30Th June 2025Aug 09, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Kotak Rural Opportunities Fund Direct - Growth
1.20%
80000
1.20%
1.20%
Motilal Oswal BSE 1000 Index Fund Direct-Growth
0.01%
1
0.00%
0.00%
Invesco India Balanced Advantage Fund Direct-Growth
0.00%
0
0.00%
0.00%
SBI Automotive Opportunities Fund Direct - Growth
3.75%
0
0.00%
0.36%
Axis India Manufacturing Fund Direct-Growth
0.82%
0
0.00%
0.13%
Axis Small Cap Fund Direct-Growth
0.14%
0
0.00%
0.03%
DSP Small Cap Direct Plan-Growth
0.56%
0
0.00%
0.09%
Edelweiss Recently Listed IPO Fund Direct-Growth
0.00%
0
0.00%
0.00%
Groww ELSS Tax Saver Fund Direct - Growth
0.00%
0
0.00%
0.00%
HSBC Infrastructure Fund Direct-Growth
0.52%
0
0.00%
0.09%
HSBC Small Cap Fund Direct-Growth
0.84%
0
0.00%
0.57%
ICICI Prudential Transportation and Logistics Fund Direct - Growth
0.00%
0
0.00%
0.00%
Aditya Birla Sun Life Business Cycle Fund Direct-Growth
1.54%
0
0.00%
0.31%
Kotak Business Cycle Fund Direct - Growth
1.27%
0
0.00%
0.24%
Aditya Birla Sun Life Transportation and Logistics Fund Direct-Growth
2.02%
0
0.00%
0.36%
Kotak Pioneer Fund Direct - Growth
0.98%
0
0.00%
0.18%
Kotak Contra Fund Direct-Growth
0.64%
0
0.00%
0.64%
Aditya Birla Sun Life Manufacturing Equity Fund Direct-Growth
1.71%
0
0.00%
0.27%
Kotak Small Cap Fund Direct-Growth
1.26%
0
0.00%
0.22%
Aditya Birla Sun Life Flexi Cap Fund Direct-Growth
0.22%
0
0.00%
0.04%
Nippon India Flexi Cap Fund Direct - Growth
0.57%
0
0.00%
0.11%
PGIM India Flexi Cap Fund Direct-Growth
0.36%
0
0.00%
0.36%
PGIM India Small Cap Fund Direct - Growth
1.48%
0
0.00%
1.48%
Kotak Multicap Fund Direct - Growth
0.95%
0
0.00%
0.95%
SBI Flexicap Fund Direct-Growth
0.00%
0
0.00%
0.00%

Technical Indicators

RSI(14)
Neutral
42.02
ATR(14)
Less Volatile
55.32
STOCH(9,6)
Neutral
23.37
STOCH RSI(14)
Oversold
4.40
MACD(12,26)
Bearish
-15.08
ADX(14)
Weak Trend
20.87
UO(9)
Bearish
38.36
ROC(12)
Downtrend And Accelerating
-10.07
WillR(14)
Oversold
-90.16