Happy Forgings Limited (BOM:544057)
India flag India · Delayed Price · Currency is INR
2,210.25
-116.30 (-5.00%)
At close: Aug 21, 2026

Happy Forgings Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Happy Forgings stock has a consensus rating of "Buy" and an average price target of ₹1,931. The average 1-year stock price forecast is 12.61% lower than the current stock price, while the lowest is ₹1,274 (-42.36%) and the highest is ₹2,200 (-0.46%).

Price Target: ₹1,931 (-12.61%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,274₹1,931₹2,000₹2,200
Change-42.36%-12.61%-9.51%-0.46%

Analyst Ratings

The average analyst rating for Happy Forgings stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jul '26Aug '26
Strong Buy666555
Buy000111
Hold000000
Sell000000
Strong Sell111111
Total777777

Financial Forecast

Revenue This Year
19.08B
from 15.46B
Increased by 23.38%
Revenue Next Year
23.26B
from 19.08B
Increased by 21.94%
EPS This Year
40.26
from 31.92
Increased by 26.13%
EPS Next Year
51.54
from 40.26
Increased by 28.02%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
8.60B11.97B13.58B14.09B15.46B19.08B
Revenue Growth
47.03%39.12%13.52%3.73%9.76%23.38%
Gross Profit
4.55B6.23B7.36B7.86B8.81B10.86B
Gross Margin
52.85%52.06%54.17%55.79%56.95%56.90%
Operating Income
1.93B2.89B3.23B3.30B3.82B4.84B
Net Income
1.42B2.09B2.43B2.67B3.02B3.79B
EPS
----31.9240.26
EPS Growth
----12.43%26.13%
Forward PE
-----54.90
Dividend / Share
--4.003.004.004.83
Dividend Growth
----25.00%33.33%20.83%
Free Cash Flow
-1.20B42.98M-566.07M-1.56B38.27M-2.01B
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High20.3B
Avg19.1B
Low18.2B

Revenue Growth

Revenue Growth202720282029
High
31.0%
Avg
23.4%
Low
17.6%

EPS Forecast

EPS202720282029
High44.70
Avg40.26
Low38.00

EPS Growth

EPS Growth202720282029
High
40.0%
Avg
26.1%
Low
19.0%