Happy Forgings Limited (BOM:544057)

Happy Forgings Statistics

Total Valuation

Happy Forgings has a market cap or net worth of INR 130.90 billion. The enterprise value is 131.30 billion.

Market Cap	130.90B
Enterprise Value	131.30B

Important Dates

The last earnings date was Thursday, May 21, 2026.

Earnings Date	May 21, 2026
Ex-Dividend Date	Jul 20, 2026

Share Statistics

Current Share Class	94.35M
Shares Outstanding	n/a
Shares Change (YoY)	+0.22%
Shares Change (QoQ)	+0.11%
Owned by Insiders (%)	26.77%
Owned by Institutions (%)	14.00%
Float	20.30M

Valuation Ratios

The trailing PE ratio is 43.41 and the forward PE ratio is 37.32.

PE Ratio	43.41
Forward PE	37.32
PS Ratio	8.47
PB Ratio	6.15
P/TBV Ratio	6.21
P/FCF Ratio	n/a
P/OCF Ratio	29.44
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 27.89, with an EV/FCF ratio of -1,360.69.

EV / Earnings	43.54
EV / Sales	8.49
EV / EBITDA	27.89
EV / EBIT	34.40
EV / FCF	-1,360.69

Financial Position

The company has a current ratio of 2.35, with a Debt / Equity ratio of 0.15.

Current Ratio	2.35
Quick Ratio	1.50
Debt / Equity	0.15
Debt / EBITDA	0.70
Debt / FCF	-34.16
Interest Coverage	36.44

Financial Efficiency

Return on equity (ROE) is 15.16% and return on invested capital (ROIC) is 14.97%.

Return on Equity (ROE)	15.16%
Return on Assets (ROA)	9.84%
Return on Invested Capital (ROIC)	14.97%
Return on Capital Employed (ROCE)	17.53%
Weighted Average Cost of Capital (WACC)	n/a
Revenue Per Employee	4.88M
Profits Per Employee	950,894
Employee Count	3,171
Asset Turnover	0.64
Inventory Turnover	2.72

Taxes

In the past 12 months, Happy Forgings has paid 1.00 billion in taxes.

Income Tax	1.00B
Effective Tax Rate	24.97%

Stock Price Statistics

The stock price has increased by +53.50% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	+53.50%
50-Day Moving Average	1,313.48
200-Day Moving Average	1,114.52
Relative Strength Index (RSI)	57.97
Average Volume (20 Days)	19,906

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Happy Forgings had revenue of INR 15.46 billion and earned 3.02 billion in profits. Earnings per share was 31.92.

Revenue	15.46B
Gross Profit	9.15B
Operating Income	3.82B
Pretax Income	4.02B
Net Income	3.02B
EBITDA	4.71B
EBIT	3.82B
Earnings Per Share (EPS)	31.92

Balance Sheet

The company has 2.90 billion in cash and 3.30 billion in debt, with a net cash position of -396.52 million.

Cash & Cash Equivalents	2.90B
Total Debt	3.30B
Net Cash	-396.52M
Net Cash Per Share	n/a
Equity (Book Value)	21.28B
Book Value Per Share	225.64
Working Capital	6.15B

Cash Flow

In the last 12 months, operating cash flow was 4.45 billion and capital expenditures -4.54 billion, giving a free cash flow of -96.49 million.

Operating Cash Flow	4.45B
Capital Expenditures	-4.54B
Depreciation & Amortization	890.43M
Net Borrowing	1.02B
Free Cash Flow	-96.49M
FCF Per Share	n/a

Margins

Gross margin is 59.14%, with operating and profit margins of 24.68% and 19.50%.

Gross Margin	59.14%
Operating Margin	24.68%
Pretax Margin	25.99%
Profit Margin	19.50%
EBITDA Margin	30.44%
EBIT Margin	24.68%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 4.00, which amounts to a dividend yield of 0.29%.

Dividend Per Share	4.00
Dividend Yield	0.29%
Dividend Growth (YoY)	33.33%
Years of Dividend Growth	n/a
Payout Ratio	9.38%
Buyback Yield	-0.22%
Shareholder Yield	0.07%
Earnings Yield	2.30%
FCF Yield	-0.07%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Altman Z-Score	n/a
Piotroski F-Score	5