Happy Forgings Future Growth
Future criteria checks 5/6
Happy Forgings is forecast to grow earnings and revenue by 24.1% and 18.7% per annum respectively. EPS is expected to grow by 24.2% per annum. Return on equity is forecast to be 20% in 3 years.
Key information
24.1%
Earnings growth rate
24.2%
EPS growth rate
Machinery earnings growth | 15.3% |
Revenue growth rate | 18.7% |
Future return on equity | 20.0% |
Analyst coverage | Low |
Last updated | 05 Jul 2024 |
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
3/31/2026 | 19,842 | 3,964 | 1,494 | 3,369 | 1 |
3/31/2025 | 16,616 | 3,223 | 1,173 | 3,173 | 2 |
3/31/2024 | 13,582 | 2,430 | -51 | 1,890 | N/A |
12/31/2023 | 13,174 | 2,279 | N/A | N/A | N/A |
9/30/2023 | 12,696 | 2,116 | 324 | 2,198 | N/A |
6/30/2023 | 12,331 | 2,102 | 336 | 2,146 | N/A |
3/31/2023 | 11,965 | 2,087 | 349 | 2,095 | N/A |
3/31/2022 | 8,600 | 1,423 | -1,105 | 803 | N/A |
3/31/2021 | 5,850 | 864 | -418 | 499 | N/A |
3/31/2020 | 5,581 | 799 | 674 | 1,687 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HAPPYFORGE's forecast earnings growth (24.1% per year) is above the savings rate (6.7%).
Earnings vs Market: HAPPYFORGE's earnings (24.1% per year) are forecast to grow faster than the Indian market (15.9% per year).
High Growth Earnings: HAPPYFORGE's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HAPPYFORGE's revenue (18.7% per year) is forecast to grow faster than the Indian market (9.4% per year).
High Growth Revenue: HAPPYFORGE's revenue (18.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HAPPYFORGE's Return on Equity is forecast to be high in 3 years time (20%)