Happy Forgings Reports 3.6% Revenue Growth with Stable Margins in Q1 FY26
Happy Forgings Limited announced Q1 FY26 results with revenue of Rs. 354.00 crores, up 3.6% YoY. EBITDA and PAT margins remained stable at 28.6% and 18.6% respectively. Volume increased by 3.8% to 14,457 MT. The company invested Rs. 110.00 crores in new machining lines and plans a Rs. 650.00 crores CAPEX for heavyweight precision components. New orders worth Rs. 730.00 crores were secured across various sectors. Management projects 15-18% medium-term growth and anticipates high single-digit growth in domestic commercial vehicle and farm equipment segments.
09Aug 25
Happy Forgings Reports 3.6% Revenue Growth to Rs 354 Crores in Q1, Appoints New Internal Auditors
Happy Forgings Limited announced Q1 financial results with revenue up 3.6% to Rs 354.00 crores, EBITDA up 3.6% to Rs 101.00 crores, and PAT up 3.0% to Rs 66.00 crores. The company maintained EBITDA margins at 28.6% and improved gross profit margins. Finished goods volume increased 3.8% to 14,457 MT. The company plans Rs 730.00 crores in capex for expansion. The Board appointed SCV & Co. LLP and KPMG as internal auditors. 43,811 employee stock options were exercised under the ESOP scheme. The company has utilized Rs. 30,135.43 lacs of IPO proceeds, with Rs. 7,646.90 lacs remaining.
17May 25
Happy Forgings Reports Q4 Profit Growth and Announces Dividend
Happy Forgings Limited announced Q4 financial results with a 2.73% increase in net profit to ₹676.00 million. Revenue grew by 2.62% to ₹3.52 billion, while EBITDA improved to ₹1.02 billion with a margin expansion to 29.05%. The company recommended a final dividend of ₹3.00 per share. Annual figures for FY 2024 showed stronger growth, with revenue up 14.08% to ₹1,371.60 crore and net profit increasing 16.44% to ₹243.00 crore compared to FY 2023.