Happy Forgings Limited (NSE:HAPPYFORGE)
India · Delayed Price · Currency is INR | Market Cap | 134.73B +81.5% |
| Revenue (ttm) | 15.46B +11.9% |
| Net Income | 3.02B +12.7% |
| EPS | 31.92 +12.5% |
| Shares Out | 94.35M |
| PE Ratio | 44.74 |
| Forward PE | 38.47 |
| Dividend | 4.00 (0.29%) |
| Ex-Dividend Date | Jul 20, 2026 |
| Volume | 192,498 |
| Open | 1,404.00 |
| Previous Close | 1,387.40 |
| Day's Range | 1,396.00 - 1,470.00 |
| 52-Week Range | 862.05 - 1,490.00 |
| Beta | 0.93 |
| Analysts | Buy |
| Price Target | 1,455.29 (+1.91%) |
| Earnings Date | May 21, 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 2026, Happy Forgings's revenue was 15.77 billion, an increase of 11.94% compared to the previous year's 14.09 billion. Earnings were 3.02 billion, an increase of 12.75%.
Financial StatementsNews
Happy Forgings Transcript: Q4 25/26
Record FY 2026 results with revenue up 9.8% and EBITDA margin at 30.4%. Strong growth in domestic CV and farm segments, robust order book, and major CapEx for capacity and solar power. Outlook for FY 2027 is optimistic with late-teen volume growth expected.
Happy Forgings Quarterly report: Q4 2026
Happy Forgings has published its Q4 2026 quarterly earnings report on May 22, 2026.
Happy Forgings Slides: Q4 2026
Happy Forgings has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on May 22, 2026.
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 Quarterly report: Q3 2026
Happy Forgings has published its Q3 2026 quarterly earnings report on February 9, 2026.
Happy Forgings Slides: Q3 2026
Happy Forgings has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on February 9, 2026.
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 Quarterly report: Q2 2026
Happy Forgings has published its Q2 2026 quarterly earnings report on November 7, 2025.
Happy Forgings Slides: Q2 2026
Happy Forgings has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on November 7, 2025.
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 Quarterly report: Q1 2026
Happy Forgings has published its Q1 2026 quarterly earnings report on August 11, 2025.
Happy Forgings Slides: Q1 2026
Happy Forgings has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on August 11, 2025.