Happy Forgings Limited (NSE: HAPPYFORGE)

Happy Forgings Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	-	6.43	0.13	4.34	28.87	20.46
Short-Term Investments	-	1,167	0.28	8.51	148.78	385.96
Cash & Short-Term Investments	1,173	1,173	0.41	12.85	177.65	406.42
Cash Growth	283216.91%	283216.91%	-96.78%	-92.77%	-56.29%	2833.77%
Accounts Receivable	-	3,569	3,081	2,238	1,658	1,379
Other Receivables	-	64.58	18.11	25.9	84.89	27.95
Receivables	-	3,636	3,101	2,266	1,744	1,408
Inventory	-	2,242	1,696	1,840	1,216	756.54
Prepaid Expenses	-	28.74	18.05	36.65	20.25	12
Other Current Assets	-	337.99	83.65	100.25	216.53	185.69
Total Current Assets	-	7,418	4,900	4,256	3,374	2,768
Property, Plant & Equipment	-	8,644	7,517	6,669	4,539	3,836
Long-Term Investments	-	-	-	4.17	-	-
Other Intangible Assets	-	59.53	14.81	15.58	10.83	9.55
Other Long-Term Assets	-	2,738	830.17	354.19	839.54	1,016
Total Assets	-	18,860	13,262	11,299	8,764	7,630
Accounts Payable	-	555.37	477.38	442.31	379.34	359.05
Accrued Expenses	-	206.21	180.44	126.41	127.23	208.75
Short-Term Debt	-	1,430	1,343	1,616	1,198	507.14
Current Portion of Long-Term Debt	-	-	260	46.67	36.52	134.7
Current Income Taxes Payable	-	18.17	110.17	60.9	19.39	43.51
Current Unearned Revenue	-	15.14	14.61	16.16	19.22	6.51
Other Current Liabilities	-	193.44	180.44	143.72	30.76	27.07
Total Current Liabilities	-	2,418	2,566	2,453	1,811	1,287
Long-Term Debt	-	-	581.76	740.46	299.96	542.18
Long-Term Deferred Tax Liabilities	-	316.18	230.45	229.43	201.61	210.49
Total Liabilities	-	2,735	3,379	3,422	2,312	2,045
Common Stock	-	188.41	179	179	89.5	89.5
Additional Paid-In Capital	-	5,963	2,162	2,162	2,163	2,163
Retained Earnings	-	9,940	7,625	5,535	4,199	3,332
Comprensive Income & Other	-	33.85	-82.51	-	-	-
Shareholders' Equity	16,125	16,125	9,883	7,876	6,452	5,585
Total Liabilities & Equity	-	18,860	13,262	11,299	8,764	7,630
Total Debt	1,430	1,430	2,185	2,404	1,535	1,184
Net Cash (Debt)	-257.14	-257.14	-2,185	-2,391	-1,357	-777.59
Net Cash Per Share	-2.78	-2.83	-24.41	-26.71	-15.16	-8.69
Filing Date Shares Outstanding	94.24	94.2	89.5	89.5	89.5	89.5
Total Common Shares Outstanding	94.24	94.2	89.5	89.5	89.5	89.5
Working Capital	-	4,999	2,333	1,803	1,563	1,482
Book Value Per Share	171.17	171.17	110.43	88.00	72.09	62.40
Tangible Book Value	16,065	16,065	9,868	7,861	6,441	5,575
Tangible Book Value Per Share	170.54	170.54	110.26	87.83	71.96	62.29
Land	-	590.96	590.96	477.5	286.4	284.86
Buildings	-	871.75	753.78	645.9	609.37	231.62
Machinery	-	8,395	7,225	4,716	4,168	2,806
Construction In Progress	-	1,219	747.52	2,123	394.22	1,084

Source: S&P Capital IQ. Standard template. Financial Sources.