Happy Forgings Limited (NSE:HAPPYFORGE)
India flag India · Delayed Price · Currency is INR
1,450.00
+18.80 (1.31%)
Jun 18, 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 ₹1,455. The average 1-year stock price forecast is 0.36% higher than the current stock price, while the lowest is ₹1,028 (-29.10%) and the highest is ₹1,652 (+13.93%).

Price Target: ₹1,455 (+0.36%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price₹1,028₹1,455₹1,570₹1,652
Change-29.10%+0.36%+8.28%+13.93%

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
18.49B
from 15.46B
Increased by 19.55%
Revenue Next Year
22.29B
from 18.49B
Increased by 20.58%
EPS This Year
37.12
from 31.92
Increased by 16.29%
EPS Next Year
47.18
from 37.12
Increased by 27.10%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
8.60B11.97B13.58B14.09B15.46B18.49B
Revenue Growth
47.03%39.12%13.52%3.73%9.76%19.55%
Gross Profit
4.55B6.23B7.36B7.86B9.15B10.30B
Gross Margin
52.85%52.06%54.17%55.79%59.14%55.70%
Operating Income
1.93B2.89B3.23B3.30B3.82B4.46B
Net Income
1.42B2.09B2.43B2.67B3.02B3.51B
EPS
----31.9237.12
EPS Growth
----12.51%16.29%
Forward PE
---24.2033.1239.06
Dividend / Share
--4.003.004.004.67
Dividend Growth
----25.00%33.33%16.67%
Free Cash Flow
-1.20B42.98M-566.07M-2.35B-330.02M-1.60B
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High19.2B
Avg18.5B
Low17.8B

Revenue Growth

Revenue Growth202720282029
High
23.9%
Avg
19.5%
Low
15.0%

EPS Forecast

EPS202720282029
High-
Avg37.12
Low-

EPS Growth

EPS Growth202720282029
High-
Avg
16.3%
Low-