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Happy Forgings Results

Financial overview

CAGR%
Sales
Profits
Returns
ROE
10Y5Y3YTTM
-21%9%10%
-28%13%13%
---154%
18%19%16%15%

Peer Comparison

Symbol
BHARATFORG
HAPPYFORGE
RKFORGE
BALUFORGE
MMFL
TIRUPATIFL-BE
KALYANIFRG-BE
METALIC-ST
FORGEAUTO-SM
PATTECH-SM
PriceM.Cap (₹)PE RatioEPS (₹)EV/EBITDAAnnual PAT
1,984.8₹94996 Cr134.51-1.8835.86₹1080 Cr
2,250.1₹21613 Cr66.019.6944.73₹302 Cr
710.7₹13235 Cr123.812.5825.23₹72 Cr
573.85₹6919 Cr25.825.4423.03₹259 Cr
629.15₹3101 Cr18.3118.7357.43₹99 Cr
68.51₹890 Cr145.760.091.1₹6 Cr
1,138₹411 Cr33.1812.3162.96₹9 Cr
138₹329 Cr26.587₹12 Cr
105₹109 Cr10.15.7812.42₹11 Cr
114.85₹108 Cr57.52.45₹2 Cr

Profit & Loss

Consolidated
Standalone
Quarterly
Yearly
%
Name
Net Revenue
Other Income
Total Revenue
Total Expenditure
Operating Profit
Interest Expense
PBT
Net Profit
Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
₹449 Cr₹424 Cr₹391 Cr₹377 Cr₹354 Cr₹352 Cr₹354 Cr₹361 Cr₹341 Cr₹343 Cr₹342 Cr₹343 Cr₹330 Cr₹302 Cr
₹11 Cr₹6 Cr₹8 Cr₹6 Cr₹10 Cr₹10 Cr₹7 Cr₹13 Cr₹8 Cr₹7 Cr₹3 Cr₹68 L₹3 Cr₹2 Cr
₹461 Cr₹430 Cr₹399 Cr₹384 Cr₹364 Cr₹362 Cr₹361 Cr₹374 Cr₹349 Cr₹351 Cr₹345 Cr₹344 Cr₹333 Cr₹304 Cr
₹335 Cr₹315 Cr₹293 Cr₹283 Cr₹273 Cr₹270 Cr₹272 Cr₹275 Cr₹262 Cr₹262 Cr₹264 Cr₹266 Cr₹245 Cr₹231 Cr
₹152 Cr₹139 Cr₹129 Cr₹122 Cr₹112 Cr₹112 Cr₹108 Cr₹118 Cr₹105 Cr₹104 Cr₹99 Cr₹94 Cr₹104 Cr₹88 Cr
₹3 Cr₹4 Cr₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹2 Cr₹1 Cr₹86 L₹4 Cr₹4 Cr₹3 Cr₹5 Cr
₹123 Cr₹111 Cr₹104 Cr₹99 Cr₹89 Cr₹90 Cr₹87 Cr₹97 Cr₹86 Cr₹87 Cr₹78 Cr₹74 Cr₹85 Cr₹68 Cr
₹91 Cr₹84 Cr₹79 Cr₹73 Cr₹66 Cr₹68 Cr₹65 Cr₹71 Cr₹64 Cr₹66 Cr₹58 Cr₹55 Cr₹64 Cr₹51 Cr

Balance Sheet

Consolidated
Standalone
%
Name
Equity And Liabilities
Share Capital
Share Warrants & Outstandings
Total Reserves
Reserve excluding Revaluation Reserve
Shareholder's Funds
Secured Loans
Deferred Tax Assets / Liabilities
Long Term Provisions
Total Non-Current Liabilities
Current Liabilities
Trade Payables
Other Current Liabilities
Short Term Borrowings
Short Term Provisions
Total Current Liabilities
Total Liabilities
Contingent Liabilities
Total Debt
Assets
Gross Block
Less Accumulated Depreciation
Net Block
Capital Work in Progress
Long Term Loans & Advances
Other Non Current Assets
Total Non-Current Assets
Current Assets Loans & Advances
Currents Investments
Inventories
Sundry Debtors
Cash and Bank
Other Current Assets
Short Term Loans and Advances
Total Current Assets
Net Current Assets (Including Current Investments)
Total Assets
Book Value
Adjusted Book Value
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
₹19 Cr₹19 Cr₹19 Cr₹18 Cr₹18 Cr₹9 Cr
₹7 Cr₹10 Cr₹6 Cr₹0₹0₹0
₹2102 Cr₹1821 Cr₹1588 Cr₹970 Cr₹770 Cr₹636 Cr
₹2102 Cr₹1821 Cr₹1588 Cr₹970 Cr₹770 Cr₹636 Cr
₹2128 Cr₹1850 Cr₹1612 Cr₹988 Cr₹788 Cr₹645 Cr
₹0₹0₹0₹58 Cr₹74 Cr₹30 Cr
₹49 Cr₹39 Cr₹32 Cr₹23 Cr₹23 Cr₹20 Cr
₹0₹0₹0₹0₹0₹3 Cr
₹49 Cr₹39 Cr₹32 Cr₹81 Cr₹97 Cr₹53 Cr
₹59 Cr₹45 Cr₹56 Cr₹48 Cr₹44 Cr₹38 Cr
₹63 Cr₹45 Cr₹37 Cr₹60 Cr₹31 Cr₹10 Cr
₹330 Cr₹228 Cr₹143 Cr₹134 Cr₹162 Cr₹123 Cr
₹3 Cr₹8 Cr₹6 Cr₹15 Cr₹9 Cr₹4 Cr
₹456 Cr₹326 Cr₹242 Cr₹257 Cr₹245 Cr₹176 Cr
₹2633 Cr₹2215 Cr₹1886 Cr₹1326 Cr₹1130 Cr₹874 Cr
₹28 Cr₹24 Cr₹12 Cr₹5 Cr₹5 Cr₹0
₹330 Cr₹228 Cr₹143 Cr₹219 Cr₹240 Cr₹153 Cr
₹1488 Cr₹1228 Cr₹988 Cr₹859 Cr₹586 Cr₹507 Cr
₹379 Cr₹321 Cr₹244 Cr₹181 Cr₹130 Cr₹92 Cr
₹1108 Cr₹908 Cr₹744 Cr₹678 Cr₹456 Cr₹415 Cr
₹229 Cr₹116 Cr₹122 Cr₹75 Cr₹212 Cr₹39 Cr
₹186 Cr₹128 Cr₹81 Cr₹60 Cr₹35 Cr₹84 Cr
₹29 Cr₹138 Cr₹193 Cr₹23 Cr₹48 L₹38 L
₹1562 Cr₹1297 Cr₹1144 Cr₹836 Cr₹704 Cr₹539 Cr
₹237 Cr₹80 Cr₹0₹0₹42 L₹0
₹233 Cr₹232 Cr₹224 Cr₹170 Cr₹184 Cr₹122 Cr
₹395 Cr₹427 Cr₹357 Cr₹308 Cr₹222 Cr₹166 Cr
₹53 Cr₹137 Cr₹122 Cr₹34 L₹1 Cr₹28 Cr
₹13 Cr₹23 Cr₹12 Cr₹3 Cr₹7 Cr₹11 Cr
₹141 Cr₹21 Cr₹27 Cr₹8 Cr₹11 Cr₹9 Cr
₹1071 Cr₹919 Cr₹742 Cr₹489 Cr₹425 Cr₹335 Cr
₹615 Cr₹592 Cr₹500 Cr₹233 Cr₹180 Cr₹159 Cr
₹2633 Cr₹2215 Cr₹1886 Cr₹1326 Cr₹1130 Cr₹874 Cr
₹225₹195₹171₹110₹88₹7,209
₹225₹195₹171₹110₹88₹72

Cash Flow

Consolidated
Standalone
%
Name
Profit Before Tax
Adjustment
Changes In working Capital
Cash Flow after changes in Working Capital
Cash Flow from Operating Activities
Cash Flow from Investing Activities
Cash Flow from Financing Activitie
Net Cash Inflow / Outflow
Opening Cash & Cash Equivalents
Closing Cash & Cash Equivalent
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021
₹402 Cr₹360 Cr₹324 Cr₹280 Cr₹192 Cr₹117 Cr
₹77 Cr₹65 Cr₹72 Cr₹71 Cr₹40 Cr₹46 Cr
₹59 Cr-₹49 Cr-₹123 Cr-₹78 Cr-₹109 Cr-₹69 Cr
₹538 Cr₹376 Cr₹273 Cr₹273 Cr₹123 Cr₹94 Cr
₹445 Cr₹292 Cr₹189 Cr₹209 Cr₹80 Cr₹60 Cr
-₹497 Cr-₹320 Cr-₹470 Cr-₹172 Cr-₹166 Cr-₹59 Cr
₹65 Cr₹40 Cr₹281 Cr-₹37 Cr₹83 Cr-₹15 L
₹13 Cr₹12 Cr₹63 L-₹71,000-₹3 Cr₹84 L
₹13 Cr₹64 L₹1 L₹2 L₹3 Cr₹2 Cr
₹26 Cr₹13 Cr₹64 L₹1 L₹2 L₹3 Cr

Fundamental Ratios

Consolidated
Standalone
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Share Price Live Stats

Open (₹)2,265.10
Volume (₹)37,370.00
High (₹)2,306.20
Upper Circuit2,409.10
Low (₹)2,226.60
Lower Circuit2,179.70
Prev Close2,294.40
52W High (₹)2,470.00
Price2,250.10
52W Low (₹)862.05

Share Market Cap & Key Ratios Overview

M.Cap (₹)21613.20 Cr
Div. Yield (%)0.17
PE Ratio66.01
Debt to Equity0.16
Price to Book5.15
Book Value224.79
EPS (TTM)34.69
Face Value2.00
ROE (%)15.23

Stock Analysis (SWOT)

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Peer Stocks

1 week
1 month
1 year
Name
BHARATFORGNSE
HAPPYFORGENSE
RKFORGENSE
BALUFORGENSE
MMFLNSE
TIRUPATIFL-BENSE
KALYANIFRG-BENSE
METALIC-STNSE
FORGEAUTO-SMNSE
PATTECH-SMNSE
LTP
1W Low
1W High
Market cap (₹)
1984.3-53.4 (-2.62%)
1964.60
2104.90
94,996Cr
2250.1-56.9 (-2.47%)
2226.60
2470
21,613Cr
710.7-40.55 (-5.40%)
709.45
767.25
13,235Cr
573.85-64.95 (-10.17%)
563.20
650
6,919Cr
629.15-12.55 (-1.96%)
620.30
678
3,101Cr
68.51-1.27 (-1.82%)
66
71.50
890Cr
1138+376.05 (49.35%)
741.50
1192.25
411Cr
138+6.9 (5.26%)
127.25
143.80
329Cr
105+10.8 (11.46%)
90.50
105
109Cr
114.85+0 (0.00%)
114.85
114.85
108Cr

Happy Forgings Ltd Annual Results Key Takeaways

Operating profit (before other income, interest and exceptional items) was ₹151.94Cr; with other income of ₹11.08Cr, profit before interest and tax came to ₹125.7Cr. Interest expense was ₹3.06Cr; PBT before exceptional items stood at ₹122.64Cr. Cost mix (full year): raw materials ₹606.77Cr; employee cost ₹136.58Cr; depreciation ₹26.24Cr; other expenses ₹308.57Cr. Basis: consolidated annual results.

Happy Forgings Ltd Quaterly Results Key Takeaways

Happy Forgings Ltd reported ₹449.42Cr total income from operations in Jun 2026, softer than ₹423.84Cr in Mar 2026 but higher than ₹353.8Cr in Jun 2025. Operating profit (before other income, interest and exceptional items) was ₹151.94Cr; with other income of ₹11.08Cr, profit before interest and tax came to ₹125.7Cr. Interest expense was ₹3.06Cr, taking profit before tax to ₹122.64Cr. After tax of ₹31.18Cr, profit after tax stood at ₹91.46Cr (vs ₹83.56Cr in Mar 2026 and ₹65.69Cr in Jun 2025).