company background image
HAPPYFORGE logo

Happy Forgings NSEI:HAPPYFORGE Stock Report

Last Price

₹1.20k

Market Cap

₹113.5b

7D

-2.6%

1Y

n/a

Updated

22 Jul, 2024

Data

Company Financials +

Happy Forgings Limited

NSEI:HAPPYFORGE Stock Report

Market Cap: ₹113.5b

HAPPYFORGE Stock Overview

Manufactures and sells forgings and related components in India and internationally.

HAPPYFORGE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance3/6
Financial Health5/6
Dividends2/6

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₹1,200.25
52 Week High₹1,299.95
52 Week Low₹813.20
Beta0
11 Month Change-1.10%
3 Month Change28.39%
1 Year Changen/a
33 Year Changen/a
5 Year Changen/a
Change since IPO16.44%

Recent News & Updates

Recent updates

Shareholder Returns

HAPPYFORGEIN MachineryIN Market
7D-2.6%-4.3%-1.3%
1Yn/a66.3%43.1%

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 Movement4.4%
Machinery Industry Average Movement6.6%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.6%
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: HAPPYFORGE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19793,017Narinder Junejawww.happyforgingsltd.com

Happy Forgings Limited manufactures and sells forgings and related components in India and internationally. The company offers crankshafts, front axle beams, steering knuckles, differential cases, brake flanges, suspension brackets, planetary carriers, pinion shafts, and housing products, valve body, bushes, connecting rods, camshafts, shafts, crown wheels, and ring gears. It also provides piston pins and spacers; and forged bicycle pedals, bull gears, and semi-machined transmission parts.

Happy Forgings Limited Fundamentals Summary

How do Happy Forgings's earnings and revenue compare to its market cap?
HAPPYFORGE fundamental statistics
Market cap₹113.49b
Earnings (TTM)₹2.43b
Revenue (TTM)₹13.58b

46.5x

P/E Ratio

8.3x

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₹13.58b
Cost of Revenue₹6.23b
Gross Profit₹7.36b
Other Expenses₹4.93b
Earnings₹2.43b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)25.79
Gross Margin54.17%
Net Profit Margin17.89%
Debt/Equity Ratio8.9%

How did HAPPYFORGE perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

15%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.