Happy Forgings Limited

NSEI:HAPPYFORGE Stock Report

Market Cap: ₹95.2b

Happy Forgings Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Narinder Juneja

Chief executive officer

₹9.7m

Total compensation

CEO salary percentage100.0%
CEO tenure1.3yrs
CEO ownershipn/a
Management average tenureno data
Board average tenure8.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Narinder Juneja's remuneration changed compared to Happy Forgings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹3b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹10m₹10m

₹2b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹6mn/a

₹2b

Mar 31 2022₹5mn/a

₹1b

Mar 31 2021₹4mn/a

₹864m

Compensation vs Market: Narinder's total compensation ($USD114.22K) is below average for companies of similar size in the Indian market ($USD352.86K).

Compensation vs Earnings: Narinder's compensation has increased by more than 20% in the past year.


CEO

Narinder Juneja (70 yo)

1.3yrs

Tenure

₹9,704,000

Compensation

Mr. Narinder Singh Juneja is Whole-Time Director of Happy Forgings Limited and serves as its Director since March 28, 2006 and serves as Chief Executive Officer since August 01, 2023. He holds a post diplo...


Board Members

NamePositionTenureCompensationOwnership
Paritosh Kumar Garg
MD & Chairman8.3yrs₹41.25m10.23%
₹ 9.7b
Narinder Juneja
CEO & Whole-Time Director18.8yrs₹9.70mno data
Ashish Garg
MD & Director8.3yrs₹36.40m14.01%
₹ 13.3b
Megha Garg
Whole-Time Director8.3yrs₹8.46m2.57%
₹ 2.4b
Ravindra Pisharody
Independent Director2.5yrs₹1.50mno data
Atul Lall
Independent Director1.4yrsno datano data
Satish Sekhri
Independent Director4.6yrs₹1.50mno data
Rajeswari Karthigeyan
Independent Director1.6yrs₹1.40mno data
Vikas Giya
Independent Director9.9yrs₹100.00kno data

8.3yrs

Average Tenure

62yo

Average Age

Experienced Board: HAPPYFORGE's board of directors are considered experienced (8.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 13:58
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Happy Forgings Limited is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mihir VoraEquirus Securities Private Limited
Vivek KumarJM Financial Institutional Securities Limited
Ronak MehtaJM Financial Institutional Securities Limited