Happy Forgings
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Happy Forgings

1,299.80
+13.20
(1.03%)
Market Cap
12,260.74 Cr
PE Ratio
42.53
Volume
2,02,163.00
Day High - Low
1,339.00 - 1,253.10
52W High-Low
1,286.60 - 724.10
ann
Q3 Quarterly Results are out. Check out the updated financials1 day ago
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Key Fundamentals
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Market Cap
12,260.74 Cr
EPS
28.39
PE Ratio
42.53
PB Ratio
6.20
Book Value
207.73
EBITDA
444.10
Dividend Yield
0.23 %
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
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%.
neutral
Happy Forgings Limited submitted its Q3FY26 monitoring agency report by ICRA Limited, showing no deviation from IPO objects with ₹76.469 crore remaining unutilized for equipment purchases.
positive
Happy Forgings Limited reports robust Q3FY26 performance with revenue of ₹39,130.70 lacs and net profit of ₹7,894.68 lacs. Company also announces ₹32 crore land acquisition.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
3,861.80
#1 36,038.46
31.79
#1 4,619.10
-10.05
#1 1,060
13.17
45.32
1,299.80
#2 12,260.74
#8 42.53
#2 1,446.30
#6 5.45
#2 267
#5 22.14
74.57
501.35
5,714.98
23.71
940.80
#1 65.02
204
35.42
57.79
224.25
2,269.41
25.78
380.60
-7.73
72
7.29
54.90
1,204.20
1,294.37
37.85
142.00
9.65
36
52.17
39.78
119.63
1,040.80
22.99
1,268.80
-0.97
37
165.00
60.97
484.25
752.67
94.27
363.70
10.85
17
-125.42
41.61
551.95
551.95
57.51
165.80
-3.66
6
#1 600.00
61.84
940.00
397.86
#1 19.68
178.20
22.64
23
-22.45
58.32
90.05
349.51
22.50
70.80
49.05
17
-93.14
45.96
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 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 0.23 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
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

Announcements

Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 20112 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome5 days ago
Announcement under Regulation 30 (LODR)-Newspaper Publication5 days ago
Announcement under Regulation 30 (LODR)-Press Release / Media Release6 days ago
Announcement under Regulation 30 (LODR)-Investor Presentation6 days ago
Amendment In Code Of Fair Disclosure Of UPSI6 days ago
Announcement under Regulation 30 (LODR)-Monitoring Agency Report6 days ago
Results For The Quarter And Nine Months Ended 31St Dec 20256 days ago
Board Meeting Outcome for Outcome Of Board Meeting6 days ago
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
Board Meeting Outcome for Outcome Of Board MeetingAug 09, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 04, 2025
Board Meeting Intimation for Approval Of Unaudited Financial Results For The Quarter Ended 30Th June 2025Jul 31, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportJul 30, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMJul 29, 2025
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jul 22, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Aditya Birla Sun Life Business Cycle Fund Direct-Growth
1.23%
0
0.00%
-0.06%
Aditya Birla Sun Life Flexi Cap Fund Direct-Growth
0.18%
0
0.00%
-0.01%
Aditya Birla Sun Life Manufacturing Equity Fund Direct-Growth
1.44%
0
0.00%
-0.05%
Aditya Birla Sun Life Transportation and Logistics Fund Direct-Growth
1.67%
0
0.00%
-0.01%
Axis India Manufacturing Fund Direct-Growth
0.69%
0
0.00%
0.13%
Axis Small Cap Fund Direct-Growth
0.11%
0
0.00%
0.00%
Bandhan Nifty Total Market Index Fund Direct-Growth
0.00%
0
0.00%
0.00%
Canara Robeco Mid Cap Fund Direct - Growth
0.00%
0
0.00%
0.00%
DSP Small Cap Direct Plan-Growth
0.47%
0
0.00%
-0.01%
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%
Groww Nifty Total Market Index Fund Direct - Growth
0.00%
0
0.00%
0.00%
HSBC Infrastructure Fund Direct-Growth
0.43%
0
0.00%
-0.02%
HSBC Small Cap Fund Direct-Growth
0.27%
0
0.00%
-0.01%
ICICI Prudential Transportation and Logistics Fund Direct - Growth
0.00%
0
0.00%
0.00%
Invesco India Balanced Advantage Fund Direct-Growth
0.00%
0
0.00%
0.00%
Kotak Business Cycle Fund Direct - Growth
1.03%
0
0.00%
-0.05%
Kotak Pioneer Fund Direct - Growth
0.80%
0
0.00%
-0.04%
Kotak Small Cap Fund Direct-Growth
1.04%
0
0.00%
-0.02%
Mirae Asset Nifty Total Market Index Fund Direct-Growth
0.00%
0
0.00%
0.00%
Motilal Oswal BSE 1000 Index Fund Direct-Growth
0.01%
0
0.00%
0.00%
Motilal Oswal Nifty Microcap 250 Index Fund Direct - Growth
0.00%
0
0.00%
0.00%
Nippon India Flexi Cap Fund Direct - Growth
0.46%
0
0.00%
-0.02%
SBI Automotive Opportunities Fund Direct - Growth
3.39%
0
0.00%
-0.03%
SBI Flexicap Fund Direct-Growth
0.00%
0
0.00%
0.00%

Technical Indicators

RSI(14)
Neutral
74.57
ATR(14)
Volatile
49.91
STOCH(9,6)
Overbought
81.35
STOCH RSI(14)
Overbought
100.00
MACD(12,26)
Bullish
24.11
ADX(14)
Strong Trend
30.10
UO(9)
Bearish
61.70
ROC(12)
Uptrend And Accelerating
26.26
WillR(14)
Overbought
-12.29