Happy Forgings Limited (NSE:HAPPYFORGE)
India flag India · Delayed Price · Currency is INR
1,585.70
+3.40 (0.21%)
Jul 13, 2026, 3:00 PM IST

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 ₹1,473. The average 1-year stock price forecast is 7.11% lower than the current stock price, while the lowest is ₹1,062 (-33.03%) and the highest is ₹1,742 (+9.86%).

Price Target: ₹1,473 (-7.11%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price₹1,062₹1,473₹1,570₹1,742
Change-33.03%-7.11%-0.99%+9.86%

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

RatingNov '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy556665
Buy110001
Hold000000
Sell000000
Strong Sell111111
Total777777

Financial Forecast

Revenue This Year
18.79B
from 15.46B
Increased by 21.51%
Revenue Next Year
22.13B
from 18.79B
Increased by 17.80%
EPS This Year
38.68
from 31.92
Increased by 21.16%
EPS Next Year
50.35
from 38.68
Increased by 30.19%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
8.60B11.97B13.58B14.09B15.46B18.79B
Revenue Growth
47.03%39.12%13.52%3.73%9.76%21.51%
Gross Profit
4.55B6.23B7.36B7.86B8.81B10.99B
Gross Margin
52.85%52.06%54.17%55.79%56.95%58.50%
Operating Income
1.93B2.89B3.23B3.30B3.82B4.28B
Net Income
1.42B2.09B2.43B2.67B3.02B3.64B
EPS
----31.9238.68
EPS Growth
----12.51%21.16%
Forward PE
--28.0024.2033.1241.00
Dividend / Share
--4.003.004.004.67
Dividend Growth
----25.00%33.33%16.67%
Free Cash Flow
-1.20B42.98M-566.07M-1.56B38.27M-1.22B
No. Analysts
-----3
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High20.0B
Avg18.8B
Low17.8B

Revenue Growth

Revenue Growth202720282029
High
29.3%
Avg
21.5%
Low
15.0%

EPS Forecast

EPS202720282029
High43.40
Avg38.68
Low34.10

EPS Growth

EPS Growth202720282029
High
36.0%
Avg
21.2%
Low
6.8%