Happy Forgings
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Happy Forgings

1,336.70
-17.30
(-1.28%)
Market Cap
12,611.83 Cr
PE Ratio
42.44
Volume
56,476.00
Day High - Low
1,366.60 - 1,335.10
52W High-Low
1,490.00 - 862.05
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Key Fundamentals
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Market Cap
12,611.83 Cr
EPS
31.99
PE Ratio
42.44
PB Ratio
5.90
Book Value
225.55
EBITDA
470.69
Dividend Yield
0.29 %
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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Caret
positive
Happy Forgings Eyes Late-Teen Volume Growth in FY27May 22, 2026
Happy Forgings anticipates late-teen volume growth and mid-single-digit export growth in FY 2027, with new North American projects and a major European industrial order set to begin in FY 2029.
positive
Happy Forgings reported Q4 FY26 revenue of ₹424 crore, up 20.4% YoY. PAT increased 23.6% to ₹84 crore with margin expansion.
positive
Happy Forgings Q4 Net Profit Rises to 836M RupeesMay 21, 2026
Happy Forgings reports Q4 net profit of 836M rupees vs 678M YoY, revenue at 4.2B rupees vs 3.52B YoY, and EBITDA margin expanding to 31.46% from 29.05%.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
4,491.40
#1 41,913.91
32.84
#1 4,355.48
-5.71
#1 1,273
37.81
62.44
1,336.70
#2 12,611.83
#7 42.44
#2 1,546.34
#6 6.92
#2 312
#5 23.67
44.23
451.45
5,191.31
#1 21.06
1,107.37
17.71
259
4.78
44.34
288.80
2,922.66
33.27
423.17
11.18
88
-13.43
54.13
1,659.35
1,916.32
67.96
141.78
-0.15
27
#1 730.43
51.32
138.78
1,207.40
24.91
1,328.40
4.70
51
13.33
49.79
572.40
889.68
188.27
366.42
0.75
7
121.05
56.45
636.85
636.85
51.83
185.40
11.82
13
100.00
69.92
146.50
568.56
22.31
98.35
#1 38.91
25
-98.07
66.85
1,070.00
441.62
23.45
196.44
10.24
18
-43.75
46.90
Growth Rate
Revenue Growth
6.92 %
Net Income Growth
16.72 %
Cash Flow Change
54.31 %
ROE
-4.05 %
ROCE
-4.99 %
EBITDA Margin (Avg.)
-2.83 %

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
Mar 2026
Revenue
296
304
333
344
345
351
349
374
361
362
364
384
400
430
Expenses
221
217
230
249
247
246
244
256
253
250
253
262
271
291
EBITDA
75
88
104
94
99
104
105
118
108
112
112
122
129
139
Operating Profit %
25 %
28 %
30 %
27 %
28 %
28 %
29 %
29 %
29 %
29 %
29 %
31 %
31 %
31 %
Depreciation
16
14
16
16
17
16
18
20
19
20
21
22
22
25
Interest
4
5
3
4
4
1
1
2
2
3
2
2
3
4
Profit Before Tax
56
68
86
74
78
88
86
97
87
90
89
99
104
111
Tax
15
17
21
19
20
22
22
26
22
22
23
25
25
28
Net Profit
42
51
64
55
58
66
64
71
65
68
66
73
79
84
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
8.86

Balance Sheet

Balance Sheet
2021
2022
2023
2024
2025
2026
Total Assets
874
1,130
1,326
1,886
2,215
2,633
Fixed Assets
415
456
678
744
908
1,346
Current Assets
335
425
489
742
919
1,071
Capital Work in Progress
40
212
75
127
123
229
Investments
0
0
0
0
80
233
Other Assets
419
461
573
1,016
1,105
0
Total Equity & Liabilities
874
1,130
1,326
1,886
2,215
2,633
Current Liabilities
176
245
257
242
326
456
Non Current Liabilities
54
97
81
32
39
49
Total Equity
645
788
988
1,613
1,850
2,128
Reserve & Surplus
636
770
970
1,594
1,831
2,109
Share Capital
9
18
18
19
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
Mar 2026
Promoter
88.24 %
78.60 %
78.60 %
78.60 %
78.60 %
78.60 %
78.57 %
78.54 %
78.52 %
78.50 %
78.48 %
FIIs
0.00 %
0.00 %
1.12 %
2.24 %
2.28 %
2.28 %
2.19 %
2.17 %
2.02 %
1.84 %
1.73 %
DIIs
0.00 %
4.00 %
16.93 %
16.69 %
17.14 %
17.06 %
17.07 %
16.98 %
17.01 %
16.73 %
16.48 %
Government
0.00 %
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 %
2.79 %
Others
11.76 %
11.13 %
0.37 %
0.26 %
0.20 %
0.22 %
0.28 %
0.34 %
0.39 %
0.47 %
0.53 %
No of Share Holders
8
2,51,941
93,587
74,090
65,376
64,982
64,670
63,790
61,075
61,484
57,815

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 0.26 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
27 Jul 2026 ANNUAL GENERAL MEETING Annual General Meeting
NA
27 Jul 2026 1,380.20 1,356.95
20 Jul 2026 DIVIDEND Dividend
₹ 4.00 /share
20 Jul 2026 1,380.20 1,356.95
22 Jul 2024 DIVIDEND Dividend
₹ 4.00 /share
22 Jul 2024 1,100.95 1,204.70
29 Jul 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
29 Jul 2024 1,156.90 1,226.30
07 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Nov 2024 1,068.95 1,149.90
07 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Feb 2025 1,042.65 1,016.45
17 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
17 May 2025 768.90 848.70
22 Jul 2025 DIVIDEND Dividend
₹ 3.00 /share
22 Jul 2025 848.70 949.80
29 Jul 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
29 Jul 2025 848.70 961.30
09 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
09 Aug 2025 945.00 956.90
06 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Nov 2025 968.15 1,013.20
09 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
09 Feb 2026 1,049.80 1,095.50
21 May 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
21 May 2026 1,418.00 1,380.20

Announcements

Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 28, 2026
Copy Of Financial Results For The Period Ended 31St March 2026 Submitted On 21St May 2026 In Legible FormMay 23, 2026
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 22, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 22, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 22, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 21, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationMay 21, 2026
Intimation Of Book Closure For The Purpose Of DividendMay 21, 2026
Intimation Of 47Th AGM To Be Held On Monday 27Th July 2026May 21, 2026
Record Date For Final DividendMay 21, 2026
Enhancement In The Capacity Of Solar Power ProjectMay 21, 2026
Appointment Of AuditorsMay 21, 2026
Announcement under Regulation 30 (LODR)-Change in DirectorateMay 21, 2026
Announcement under Regulation 30 (LODR)-Dividend UpdatesMay 21, 2026
Financial Results For The Quarter And Year Ended 31St March 2026May 21, 2026
Board Meeting Outcome for Outcome Of Board MeetingMay 21, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 09, 2026
Board Meeting Intimation for Approval Of Audited Financial Results For The Quarter And Year Ended On 31St March 2026May 08, 2026
Announcement under Regulation 30 (LODR)-Monitoring Agency ReportMay 05, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 06, 2026
Closure of Trading WindowMar 25, 2026
Reporting Of Violation Under SEBI (PIT) Regulations 2015Mar 24, 2026
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

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Kotak Rural Opportunities Fund Direct-Growth
0.00%
-79939
-1.30%
-1.22%
Motilal Oswal BSE 1000 Index Fund Direct-Growth
0.01%
1
0.00%
0.00%
Kotak Contra Fund Direct-Growth
0.63%
0
0.00%
-0.02%
ICICI Prudential Transportation and Logistics Fund Direct-Growth
0.00%
0
0.00%
0.00%
Axis India Manufacturing Fund Direct-Growth
0.81%
0
0.00%
0.00%
Axis Small Cap Fund Direct-Growth
0.14%
0
0.00%
0.00%
DSP Small Cap Direct Plan-Growth
0.54%
0
0.00%
0.00%
Edelweiss Recently Listed IPO Fund Direct-Growth
0.00%
0
0.00%
0.00%
HSBC Infrastructure Fund Direct-Growth
0.51%
0
0.00%
0.01%
Kotak Pioneer Fund Direct-Growth
0.92%
0
0.00%
-0.02%
Kotak Multicap Fund Direct-Growth
0.88%
0
0.00%
-0.01%
Kotak Business Cycle Fund Direct-Growth
1.29%
0
0.00%
0.01%
Aditya Birla Sun Life Transportation and Logistics Fund Direct-Growth
2.17%
0
0.00%
0.01%
Aditya Birla Sun Life Business Cycle Fund Direct-Growth
1.65%
0
0.00%
0.05%
HSBC Small Cap Fund Direct-Growth
0.83%
0
0.00%
0.00%
Aditya Birla Sun Life Manufacturing Equity Fund Direct-Growth
1.64%
0
0.00%
-0.01%
Kotak Small Cap Fund Direct-Growth
1.24%
0
0.00%
0.00%
Aditya Birla Sun Life Flexi Cap Fund Direct-Growth
0.15%
0
0.00%
-0.07%
Nippon India Flexi Cap Fund Direct-Growth
0.59%
0
0.00%
0.01%
PGIM India ELSS Tax Saver Fund Direct-Growth
0.52%
0
0.00%
0.52%
PGIM India Flexi Cap Fund Direct-Growth
0.71%
0
0.00%
0.22%
PGIM India Small Cap Fund Direct-Growth
1.69%
0
0.00%
0.25%
SBI Automotive Opportunities Fund Direct-Growth
2.68%
0
0.00%
-0.62%
SBI Small Cap Fund Direct-Growth
1.37%
0
0.00%
0.03%
Sundaram Focused Fund Direct-Growth
5.02%
0
0.00%
0.16%

Technical Indicators

RSI(14)
Neutral
47.25
ATR(14)
Less Volatile
54.13
STOCH(9,6)
Oversold
17.47
STOCH RSI(14)
Oversold
9.66
MACD(12,26)
Bearish
-9.52
ADX(14)
Weak Trend
23.04
UO(9)
Bearish
36.36
ROC(12)
Downtrend And Accelerating
-4.44
WillR(14)
Neutral
-79.02