| 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 |
Happy Forgings
Happy Forgings
1,416.90
+32.70
(2.36%)
Market Cap
13,368.52 Cr
PE Ratio
43.27
Volume
96,839.00
Day High - Low
1,425.00 - 1,382.70
52W High-Low
1,490.00 - 862.05
Key Fundamentals
Market Cap
13,368.52 Cr
EPS
31.99
PE Ratio
43.27
PB Ratio
6.13
Book Value
225.55
EBITDA
470.69
Dividend Yield
0.29 %
Industry
Industrial Products Sector
Castings & Forgings Return on Equity
14.46
Debt to Equity
0.11
Analyst Rating and Forecast
- By Refinitiv from6 analysts
Actual
Company News
View All News
Happy Forgings Eyes Late-Teen Volume Growth in FY275 days ago
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.
Happy Forgings Q4 PAT rises 23.6%
5 days ago
5 days agoHappy Forgings reported Q4 FY26 revenue of ₹424 crore, up 20.4% YoY. PAT increased 23.6% to ₹84 crore with margin expansion.
Happy Forgings Q4 Net Profit Rises to 836M Rupees6 days ago
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%.
View more
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
4,428.10 | #1 41,323.19 | 33.20 | #1 4,619.10 | -10.05 | #1 1,060 | 37.81 | 74.85 | |
1,416.90 | #2 13,368.52 | #7 43.27 | #2 1,546.34 | #6 6.92 | #2 312 | #5 23.67 | 58.40 | |
504.35 | 5,799.62 | #1 23.58 | 940.80 | #1 65.02 | 204 | 20.51 | 54.22 | |
286.90 | 2,903.43 | 32.56 | 380.60 | -7.73 | 72 | 7.29 | 52.52 | |
1,679.25 | 1,939.38 | 54.83 | 142.00 | 9.65 | 36 | 52.17 | 56.97 | |
137.80 | 1,198.88 | 24.73 | 1,328.40 | 4.70 | 51 | 13.33 | 49.74 | |
533.40 | 829.06 | 175.93 | 366.42 | 0.75 | 7 | #1 119.05 | 48.49 | |
618.40 | 618.40 | 53.48 | 185.40 | 11.82 | 13 | 100.00 | 76.11 | |
1,198.50 | 507.25 | 24.71 | 178.20 | 22.64 | 23 | -22.45 | 63.50 | |
119.00 | 461.85 | 28.17 | 70.80 | 49.05 | 17 | -98.07 | 59.77 |
Automatic Screeners on ScanX
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
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 | NA | 27 Jul 2026 | 1,380.20 | 1,384.20 |
| 22 Jul 2024 |  Dividend | ₹ 4.00 /share | 22 Jul 2024 | 1,100.95 | 1,204.70 |
| 29 Jul 2024 | Annual General Meeting | NA | 29 Jul 2024 | 1,156.90 | 1,226.30 |
| 07 Nov 2024 |  Quarterly Result Announcement | NA | 07 Nov 2024 | 1,068.95 | 1,149.90 |
| 07 Feb 2025 | Quarterly Result Announcement | NA | 07 Feb 2025 | 1,042.65 | 1,016.45 |
| 17 May 2025 | Quarterly Result Announcement | NA | 17 May 2025 | 768.90 | 848.70 |
| 22 Jul 2025 | Dividend | ₹ 3.00 /share | 22 Jul 2025 | 848.70 | 949.80 |
| 29 Jul 2025 | Annual General Meeting | NA | 29 Jul 2025 | 848.70 | 961.30 |
| 09 Aug 2025 | Quarterly Result Announcement | NA | 09 Aug 2025 | 945.00 | 956.90 |
| 06 Nov 2025 | Quarterly Result Announcement | NA | 06 Nov 2025 | 968.15 | 1,013.20 |
| 09 Feb 2026 | Quarterly Result Announcement | NA | 09 Feb 2026 | 1,049.80 | 1,095.50 |
| 21 May 2026 | Quarterly Result Announcement | NA | 21 May 2026 | 1,418.00 | 1,380.20 |
Announcements
Copy Of Financial Results For The Period Ended 31St March 2026 Submitted On 21St May 2026 In Legible Form4 days ago
4 days agoCompliances-Reg.24(A)-Annual Secretarial Compliance5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Press Release / Media Release5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Investor Presentation5 days ago
5 days agoIntimation Of Book Closure For The Purpose Of Dividend5 days ago
5 days agoIntimation Of 47Th AGM To Be Held On Monday 27Th July 20266 days ago
6 days agoRecord Date For Final Dividend6 days ago
6 days agoEnhancement In The Capacity Of Solar Power Project6 days ago
6 days agoAppointment Of Auditors6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Change in Directorate6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Dividend Updates6 days ago
6 days agoFinancial Results For The Quarter And Year Ended 31St March 20266 days ago
6 days agoBoard Meeting Outcome for Outcome Of Board Meeting6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 09, 2026
May 09, 2026Board Meeting Intimation for Approval Of Audited Financial Results For The Quarter And Year Ended On 31St March 2026May 08, 2026
May 08, 2026Announcement under Regulation 30 (LODR)-Monitoring Agency ReportMay 05, 2026
May 05, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 06, 2026
Apr 06, 2026Closure of Trading WindowMar 25, 2026
Mar 25, 2026Reporting Of Violation Under SEBI (PIT) Regulations 2015Mar 24, 2026
Mar 24, 2026Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSMar 13, 2026
Mar 13, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 24, 2026
Feb 24, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 18, 2026
Feb 18, 2026Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 16, 2026
Feb 16, 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Feb 13, 2026
Feb 13, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 10, 2026
Feb 10, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 10, 2026
Feb 10, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 09, 2026
Feb 09, 2026Announcement under Regulation 30 (LODR)-Investor PresentationFeb 09, 2026
Feb 09, 2026Amendment In Code Of Fair Disclosure Of UPSIFeb 09, 2026
Feb 09, 2026Announcement under Regulation 30 (LODR)-Monitoring Agency ReportFeb 09, 2026
Feb 09, 2026Results For The Quarter And Nine Months Ended 31St Dec 2025Feb 09, 2026
Feb 09, 2026Board Meeting Outcome for Outcome Of Board MeetingFeb 09, 2026
Feb 09, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 29, 2026
Jan 29, 2026Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter And Nine Months Ended On 31St December 2025Jan 28, 2026
Jan 28, 2026Announcement under Regulation 30 (LODR)-Memorandum of Understanding /AgreementsJan 13, 2026
Jan 13, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 08, 2026
Jan 08, 2026Closure of Trading WindowDec 27, 2025
Dec 27, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 13, 2025
Dec 13, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSDec 02, 2025
Dec 02, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 13, 2025
Nov 13, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 07, 2025
Nov 07, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 07, 2025
Nov 07, 2025Board Comments On Fine Levied By BSE & NSENov 06, 2025
Nov 06, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportNov 06, 2025
Nov 06, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 06, 2025
Nov 06, 2025Announcement under Regulation 30 (LODR)-Investor PresentationNov 06, 2025
Nov 06, 2025Financial Results For Quarter And Half Year Ended 30Th Sep 2025Nov 06, 2025
Nov 06, 2025Board Meeting Outcome for Outcome Of BMNov 06, 2025
Nov 06, 2025Mutual Fund Holdings
Technical Indicators
RSI(14)
Neutral 53.74
ATR(14)
Less Volatile 63.06
STOCH(9,6)
Neutral 42.78
STOCH RSI(14)
Oversold 2.23
MACD(12,26)
Bearish -5.70
ADX(14)
Strong Trend 32.99
UO(9)
Bearish 40.09
ROC(12)
Downtrend And Accelerating -4.11
WillR(14)
Neutral -64.00
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
