Happy Forgings Limited (NSE:HAPPYFORGE)

Happy Forgings Statistics

Total Valuation

Happy Forgings has a market cap or net worth of INR 88.60 billion. The enterprise value is 90.27 billion.

Market Cap	88.60B
Enterprise Value	90.27B

Important Dates

The next estimated earnings date is Thursday, August 14, 2025.

Earnings Date	Aug 14, 2025
Ex-Dividend Date	Jul 22, 2025

Share Statistics

Happy Forgings has 94.29 million shares outstanding. The number of shares has increased by 3.78% in one year.

Current Share Class	94.29M
Shares Outstanding	94.29M
Shares Change (YoY)	+3.78%
Shares Change (QoQ)	-0.19%
Owned by Insiders (%)	26.79%
Owned by Institutions (%)	16.71%
Float	20.24M

Valuation Ratios

The trailing PE ratio is 33.12 and the forward PE ratio is 31.01. Happy Forgings's PEG ratio is 2.05.

PE Ratio	33.12
Forward PE	31.01
PS Ratio	6.29
PB Ratio	4.79
P/TBV Ratio	4.83
P/FCF Ratio	417.88
P/OCF Ratio	30.31
PEG Ratio	2.05

Enterprise Valuation

The stock's EV/EBITDA ratio is 22.18, with an EV/FCF ratio of 425.78.

EV / Earnings	33.75
EV / Sales	6.41
EV / EBITDA	22.18
EV / EBIT	27.36
EV / FCF	425.78

Financial Position

The company has a current ratio of 2.81, with a Debt / Equity ratio of 0.12.

Current Ratio	2.81
Quick Ratio	1.80
Debt / Equity	0.12
Debt / EBITDA	0.56
Debt / FCF	10.75
Interest Coverage	47.17

Financial Efficiency

Return on equity (ROE) is 15.45% and return on invested capital (ROIC) is 10.76%.

Return on Equity (ROE)	15.45%
Return on Assets (ROA)	10.06%
Return on Invested Capital (ROIC)	10.76%
Return on Capital Employed (ROCE)	17.47%
Revenue Per Employee	4.44M
Profits Per Employee	843,382
Employee Count	3,171
Asset Turnover	0.69
Inventory Turnover	2.73

Taxes

In the past 12 months, Happy Forgings has paid 921.17 million in taxes.

Income Tax	921.17M
Effective Tax Rate	25.62%

Stock Price Statistics

The stock price has decreased by -22.74% in the last 52 weeks.

Beta (5Y)	n/a
52-Week Price Change	-22.74%
50-Day Moving Average	920.21
200-Day Moving Average	964.02
Relative Strength Index (RSI)	52.08
Average Volume (20 Days)	19,734

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Happy Forgings had revenue of INR 14.09 billion and earned 2.67 billion in profits. Earnings per share was 28.37.

Revenue	14.09B
Gross Profit	7.86B
Operating Income	3.30B
Pretax Income	3.60B
Net Income	2.67B
EBITDA	4.07B
EBIT	3.30B
Earnings Per Share (EPS)	28.37

Balance Sheet

The company has 604.42 million in cash and 2.28 billion in debt, giving a net cash position of -1.68 billion or -17.77 per share.

Cash & Cash Equivalents	604.42M
Total Debt	2.28B
Net Cash	-1.68B
Net Cash Per Share	-17.77
Equity (Book Value)	18.50B
Book Value Per Share	196.25
Working Capital	5.92B

Cash Flow

In the last 12 months, operating cash flow was 2.92 billion and capital expenditures -2.71 billion, giving a free cash flow of 212.01 million.

Operating Cash Flow	2.92B
Capital Expenditures	-2.71B
Free Cash Flow	212.01M
FCF Per Share	2.25

Margins

Gross margin is 55.79%, with operating and profit margins of 23.42% and 18.98%.

Gross Margin	55.79%
Operating Margin	23.42%
Pretax Margin	25.52%
Profit Margin	18.98%
EBITDA Margin	28.89%
EBIT Margin	23.42%
FCF Margin	1.50%

Dividends & Yields

This stock pays an annual dividend of 3.00, which amounts to a dividend yield of 0.32%.

Dividend Per Share	3.00
Dividend Yield	0.32%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	1
Payout Ratio	14.09%
Buyback Yield	-3.78%
Shareholder Yield	-3.45%
Earnings Yield	3.02%
FCF Yield	0.24%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

Happy Forgings has an Altman Z-Score of 18.75 and a Piotroski F-Score of 5.

Altman Z-Score	18.75
Piotroski F-Score	5