Happy Forgings Limited (NSE:HAPPYFORGE)
India
· Delayed Price · Currency is INR | Market Cap | 126.17B |
| Revenue (ttm) | 14.74B |
| Net Income (ttm) | 2.86B |
| Shares Out | 94.35M |
| EPS (ttm) | 30.27 |
| PE Ratio | 44.18 |
| Forward PE | 38.47 |
| Dividend | 3.00 (0.22%) |
| Ex-Dividend Date | Jul 22, 2025 |
| Volume | 64,895 |
| Average Volume | 71,918 |
| Open | 1,330.70 |
| Previous Close | 1,337.30 |
| Day's Range | 1,297.10 - 1,337.40 |
| 52-Week Range | 753.45 - 1,398.00 |
| Beta | 0.85 |
| RSI | 53.33 |
| Earnings Date | May 30, 2026 |
About Happy Forgings
Happy Forgings Limited manufactures and sells forgings and related components in India and internationally. The company offers crankshafts; differential cases; front axle beams and steering knuckles; railway parts, including camshafts, connecting rods, piston pins, spacers, and others; brake flanges and suspension brackets; transmission parts, such as shafts and spindles, crown wheels and pinions, rings, and connecting rods. It also offers windmill application products, including planet carrier, pinion shaft, and housing; oil and gas component,... [Read more]
Financial Performance
In fiscal year 2025, Happy Forgings's revenue was 14.09 billion, an increase of 3.73% compared to the previous year's 13.58 billion. Earnings were 2.67 billion, an increase of 10.06%.
Financial StatementsNews
Happy Forgings Transcript: Q3 25/26
Q3 and nine-month FY26 saw record revenue, margins, and profitability, driven by strong domestic growth in CV, farm, and industrial segments, while exports stabilized amid global headwinds. Capacity expansions and a robust order book position the company for continued growth and margin resilience.
Happy Forgings Transcript: Q2 25/26
Record margins and strong cash flow were achieved, driven by domestic growth and a premium product mix, while exports faced headwinds from tariffs and weak global demand. Major CapEx is underway, with new orders secured and further growth expected as new lines ramp up.
Happy Forgings Transcript: Q1 25/26
Q1 FY26 saw 3.6% revenue growth and strong margins, driven by new business wins and domestic demand, despite global headwinds and export declines. CapEx and capacity expansion continue, with a medium-term growth outlook of 15%-18% annually.
Happy Forgings Transcript: Q4 24/25
FY 2025 saw stable growth with revenue up 4.7% YoY (adjusted), EBITDA up 7.4%, and PAT up 11.2%, despite global headwinds. Strong cash flows, robust margins, and new orders in Passenger Vehicles and Industrials support a positive medium-term outlook.
Happy Forgings Transcript: Q3 24/25
Revenue, EBITDA, and PAT grew YoY in Q3 and 9M FY25, driven by domestic and industrial segments, despite global headwinds. Major CapEx for heavyweight forging is underway, with new orders and product launches supporting future growth.
Happy Forgings Transcript: Q2 24/25
Revenue and profit grew year-on-year in Q2 and H1 FY25, with industry-leading margins and strong cash reserves. Diversification and capacity expansion support resilience, while export and industrial segments are set for significant growth in the next 2-3 years.
Happy Forgings Transcript: Q1 24/25
Q1 FY25 saw 7% adjusted revenue growth and stable margins despite sectoral headwinds and export challenges. Capacity expansions and new orders, especially in EV and North America, are set to drive double-digit growth, with CapEx funded by internal accruals.