Happy Forgings Limited (NSE:HAPPYFORGE)
India flag India · Delayed Price · Currency is INR
2,055.00
-29.80 (-1.43%)
Sep 25, 2026, 3:30 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 ₹1,980. The average 1-year stock price forecast is 3.63% lower than the current stock price, while the lowest is ₹1,274 (-38.00%) and the highest is ₹2,438 (+18.64%).

Price Target: ₹1,980 (-3.63%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price₹1,274₹1,980₹2,000₹2,438
Change-38.00%-3.63%-2.68%+18.64%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jul '26Aug '26
Strong Buy666555
Buy000111
Hold000000
Sell000000
Strong Sell111111
Total777777

Financial Forecast

Revenue This Year
18.99B
from 15.46B
Increased by 22.83%
Revenue Next Year
23.08B
from 18.99B
Increased by 21.51%
EPS This Year
39.84
from 31.92
Increased by 24.81%
EPS Next Year
50.42
from 39.84
Increased by 26.56%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
8.60B11.97B13.58B14.09B15.46B18.99B
Revenue Growth
47.03%39.12%13.52%3.73%9.76%22.83%
Gross Profit
4.55B6.23B7.36B7.86B8.81B10.81B
Gross Margin
52.85%52.06%54.17%55.79%56.95%56.90%
Operating Income
1.93B2.89B3.23B3.30B3.82B4.81B
Net Income
1.42B2.09B2.43B2.67B3.02B3.75B
EPS
----31.9239.84
EPS Growth
----12.43%24.81%
Forward PE
--28.0024.2033.1251.58
Dividend / Share
--4.003.004.004.83
Dividend Growth
----25.00%33.33%20.83%
Free Cash Flow
-----165.61M-2.44B
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High19.8B
Avg19.0B
Low18.2B

Revenue Growth

Revenue Growth202720282029
High
28.2%
Avg
22.8%
Low
17.6%

EPS Forecast

EPS202720282029
High42.60
Avg39.84
Low38.00

EPS Growth

EPS Growth202720282029
High
33.5%
Avg
24.8%
Low
19.0%