Happy Forgings Limited (NSE:HAPPYFORGE)
| Market Cap | 208.68B +133.0% |
| Revenue (ttm) | 16.42B +15.5% |
| Net Income | 3.27B +21.6% |
| EPS | 34.64 +21.2% |
| Shares Out | 94.35M |
| PE Ratio | 63.85 |
| Forward PE | 51.34 |
| Dividend | 4.00 (0.17%) |
| Ex-Dividend Date | Jul 20, 2026 |
| Volume | 91,079 |
| Open | 2,318.10 |
| Previous Close | 2,328.20 |
| Day's Range | 2,211.80 - 2,318.10 |
| 52-Week Range | 862.05 - 2,340.00 |
| Beta | 0.75 |
| Analysts | Buy |
| Price Target | 1,931.43 (-12.68%) |
| Earnings Date | Aug 4, 2026 |
About Happy Forgings
Happy Forgings Limited manufactures and sells forgings and machined components for the automotive and industrial sectors 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; and transmission parts, such as shafts and spindles, crown wheels and pinions, and rings. It also offers windmill application products, including planet carrier, pinion shaft, and h... [Read more]
Financial Performance
In fiscal year 2026, Happy Forgings's revenue was 15.46 billion, an increase of 9.76% compared to the previous year's 14.09 billion. Earnings were 3.02 billion, an increase of 12.79%.
Financial StatementsAnalyst Summary
According to 7 analysts, the average rating for HAPPYFORGE stock is "Buy." The 12-month stock price target is ₹1,931, which is a decrease of -12.68% from the latest price.
News
Happy Forgings Transcript: Q1 26/27
Record quarterly revenue and profitability driven by strong growth across all segments, margin expansion, and increased value addition. Capacity expansions, a robust export-oriented order book, and new business streams are set to support sustained growth and high margins.
Happy Forgings Quarterly report: Q1 2027
Happy Forgings has published its Q1 2027 quarterly earnings report on August 5, 2026.
Happy Forgings Slides: Q1 2027
Happy Forgings has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on August 5, 2026.
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 Annual report: Q4 2026
Happy Forgings has published its Q4 2026 annual report 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
Q2 and H1 FY26 saw record margins and strong cash flow, driven by domestic growth and value-added product mix, despite export headwinds and global uncertainties. Strategic Capex and new business wins position the company for continued growth and improved returns.
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.