HAPPYFORGE logo

Happy Forgings NSEI:HAPPYFORGE Stock Report

Last Price

₹947.75

Market Cap

₹89.3b

7D

3.0%

1Y

n/a

Updated

26 Apr, 2024

Data

Company Financials +

Happy Forgings Limited

NSEI:HAPPYFORGE Stock Report

Market Cap: ₹89.3b

HAPPYFORGE Stock Overview

Happy Forgings Limited engages in the manufacture of forgings and related components in India.

HAPPYFORGE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance4/6
Financial Health5/6
Dividends0/6

Happy Forgings Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Happy Forgings
Historical stock prices
Current Share Price₹947.75
52 Week High₹1,087.40
52 Week Low₹813.20
Beta0
1 Month Change6.81%
3 Month Change-2.24%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-8.06%

Recent News & Updates

Recent updates

Shareholder Returns

HAPPYFORGEIN MachineryIN Market
7D3.0%5.2%2.6%
1Yn/a69.7%45.0%

Return vs Industry: Insufficient data to determine how HAPPYFORGE performed against the Indian Machinery industry.

Return vs Market: Insufficient data to determine how HAPPYFORGE performed against the Indian Market.

Price Volatility

Is HAPPYFORGE's price volatile compared to industry and market?
HAPPYFORGE volatility
HAPPYFORGE Average Weekly Movement4.7%
Machinery Industry Average Movement7.1%
Market Average Movement6.8%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.2%

Stable Share Price: HAPPYFORGE has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine HAPPYFORGE's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19793,070Narinder Junejawww.happyforgingsltd.com

Happy Forgings Limited engages in the manufacture of forgings and related components in India. It offers heavy forged and machined products, including bicycle pedals, brake flanges, bushes, bull gears, camshafts, crankshafts, connecting rods, crown wheels, differential cases, front axle beams, steering knuckles, differential cases, semi-machined transmission parts, planetary carriers, pinion shafts, piston pins, ring gears, suspension brackets, and valve bodies. The company serves the manufacturers of heavy commercial vehicles, farm equipment, and off highway and industrial equipment, as well as machinery for oil and gas, aerospace, defense, power generation, railways, and wind turbine industries.

Happy Forgings Limited Fundamentals Summary

How do Happy Forgings's earnings and revenue compare to its market cap?
HAPPYFORGE fundamental statistics
Market cap₹89.28b
Earnings (TTM)₹2.28b
Revenue (TTM)₹13.17b

39.2x

P/E Ratio

6.8x

P/S Ratio

Is HAPPYFORGE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HAPPYFORGE income statement (TTM)
Revenue₹13.17b
Cost of Revenue₹6.06b
Gross Profit₹7.11b
Other Expenses₹4.83b
Earnings₹2.28b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)24.19
Gross Margin53.98%
Net Profit Margin17.30%
Debt/Equity Ratio23.5%

How did HAPPYFORGE perform over the long term?

See historical performance and comparison
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