Happy Forgings (HAPPYFORGE) Stock Overview
Manufactures and sells forgings and related components in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
HAPPYFORGE Community Fair Values
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Happy Forgings Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹911.05 |
| 52 Week High | ₹1,245.00 |
| 52 Week Low | ₹724.10 |
| Beta | 0 |
| 1 Month Change | -6.04% |
| 3 Month Change | -5.17% |
| 1 Year Change | -24.25% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -11.62% |
Recent News & Updates
A Look At The Fair Value Of Happy Forgings Limited (NSE:HAPPYFORGE)
Aug 30
Diversified Exports And Precision Components Will Define Future Success
Key Takeaways Diversifying exports and expanding high-value components positions the company for sustained growth, improved margins, and premium market opportunities amid evolving global standards. Capacity expansion, automation, and new supply relationships enhance operational efficiency, revenue visibility, and reduce reliance on cyclical markets.Recent updates
A Look At The Fair Value Of Happy Forgings Limited (NSE:HAPPYFORGE)
Aug 30Diversified Exports And Precision Components Will Define Future Success
Key Takeaways Diversifying exports and expanding high-value components positions the company for sustained growth, improved margins, and premium market opportunities amid evolving global standards. Capacity expansion, automation, and new supply relationships enhance operational efficiency, revenue visibility, and reduce reliance on cyclical markets.Happy Forgings' (NSE:HAPPYFORGE) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 28Happy Forgings Limited (NSE:HAPPYFORGE) Just Reported And Analysts Have Been Cutting Their Estimates
May 22Happy Forgings Limited's (NSE:HAPPYFORGE) Popularity With Investors Is Under Threat From Overpricing
Mar 26Earnings Update: Happy Forgings Limited (NSE:HAPPYFORGE) Just Reported And Analysts Are Trimming Their Forecasts
Feb 12Happy Forgings (NSE:HAPPYFORGE) Ticks All The Boxes When It Comes To Earnings Growth
Jan 28Shareholder Returns
| HAPPYFORGE | IN Machinery | IN Market | |
|---|---|---|---|
| 7D | 1.0% | 0.6% | 0.9% |
| 1Y | -24.2% | -9.3% | -6.1% |
Return vs Industry: HAPPYFORGE underperformed the Indian Machinery industry which returned -9.3% over the past year.
Return vs Market: HAPPYFORGE underperformed the Indian Market which returned -6.1% over the past year.
Price Volatility
| HAPPYFORGE volatility | |
|---|---|
| HAPPYFORGE Average Weekly Movement | 3.4% |
| Machinery Industry Average Movement | 5.4% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in IN Market | 7.9% |
| 10% least volatile stocks in IN Market | 3.3% |
Stable Share Price: HAPPYFORGE has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: HAPPYFORGE's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 3,171 | Paritosh Kumar Garg | www.happyforgingsltd.com |
Happy Forgings Limited manufactures and sells forgings and related components in India and internationally. The company offers crankshafts; differential cases; front axle beams and steering knuckles; railway parts, including camshafts, connecting rods, piston pins, spacers, and others; brake flanges and suspension brackets; transmission parts, such as shafts and spindles, crown wheels and pinions, rings, and connecting rods. It also offers windmill application products, including planet carrier, pinion shaft, and housing; oil and gas component, such as valve body; and bicycle pedals.
Happy Forgings Limited Fundamentals Summary
| HAPPYFORGE fundamental statistics | |
|---|---|
| Market cap | ₹85.90b |
| Earnings (TTM) | ₹2.69b |
| Revenue (TTM) | ₹14.21b |
Is HAPPYFORGE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HAPPYFORGE income statement (TTM) | |
|---|---|
| Revenue | ₹14.21b |
| Cost of Revenue | ₹6.23b |
| Gross Profit | ₹7.98b |
| Other Expenses | ₹5.29b |
| Earnings | ₹2.69b |
Last Reported Earnings
Jun 30, 2025
Next Earnings Date
Nov 14, 2025
| Earnings per share (EPS) | 28.56 |
| Gross Margin | 56.15% |
| Net Profit Margin | 18.95% |
| Debt/Equity Ratio | 12.3% |
How did HAPPYFORGE perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/10 19:32 |
| End of Day Share Price | 2025/09/10 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Happy Forgings Limited is covered by 16 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Viraj Sanghvi | Ambit Capital |
| Ashwin Mehta | Ambit Capital |
| Mitul Shah | DAM Capital Advisors |