NSE · HAPPYFORGE
Happy Forgings Limited
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹501 Cr with net profit ₹98 Cr — a 19.47% net margin, versus 20.35% the period before.
Shareholding
As of 2026-09-30
- Promoter78.44%
- Public4.26%
- FII2.37%
- DII14.93%
65,550 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 2.53× from low to high.
Risk flags
Derived from disclosed data
No flags raised by the data.
Peer comparison
Castings & Forgings · ranked #4 of 61 by market cap · medians across 47 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| Bharat Forge Ltd. | ₹85,029 Cr | 84.75 | 7.37 | 8.72% | 3.72% |
| PTC Industries Limited | ₹38,564 Cr | 307.07 | 11.69 | 6.74% | 18.01% |
| AIA Engineering Ltd. | ₹29,061 Cr | 23.42 | 3.45 | 14.69% | 27.24% |
| Happy Forgings Limited(this company) | ₹15,996 Cr | 48.86 | 6.96 | 15.38% | 19.91% |
| CIE Automotive India Ltd. | ₹13,439 Cr | 14.51 | 1.73 | 11.66% | 9.09% |
| Ramkrishna Forgings Ltd. | ₹12,876 Cr | 66.02 | 3.58 | 5.2% | 3.79% |
| Kennametal India Limited | ₹7,881 Cr | 40.21 | 9.24 | 22.96% | 12.97% |
| Balu Forge Industries Limited | ₹6,088 Cr | 22.73 | 3.82 | 16.24% | 22.81% |
| Electrosteel Castings Ltd. | ₹4,253 Cr | 26.77 | 0.72 | 3.2% | 2.09% |
| Steelcast Limited | ₹3,654 Cr | 40.3 | 9.25 | 21.99% | 20.55% |
AI analysis
AI-generated · google/gemini-2.5-flashHappy Forgings Limited has a market capitalization of Rs 15176 Cr. The company reported revenue of Rs 1577.15 Cr with a profit margin of 19.51%. Earnings per share stand at Rs 31.68.
Positives
- +The company has a healthy profit margin of 19.51%.
- +The debt-to-equity ratio is low at 0.14.
- +Promoter holding is substantial at 78.4579% as of June 30, 2026.
- +The company has a positive Return on Capital Employed (ROCE) of 16.78% and Return on Equity (ROE) of 14.17%.
Negatives
- −Revenue growth for the last fiscal year was modest at 3.7%.
- −Promoter shareholding has decreased from 78.6027% in March 2024 to 78.4579% in June 2026.
- −FII shareholding has declined from 2.2842% in December 2024 to 1.8775% in June 2026.
Financial Performance
For the fiscal year ending March 2026, Happy Forgings Limited reported a revenue of Rs 1577.15 Cr, representing a growth of 3.7%. Net profit for the same period was Rs 301.6285 Cr, resulting in an EPS of Rs 31.92. The company's EBIDTA for March 2026 was Rs 412.4557 Cr.
Profitability & Returns
Happy Forgings Limited achieved a profit margin of 19.51%. The Return on Equity (ROE) for the company is 14.17%, and the Return on Capital Employed (ROCE) is 16.78%. The earnings per share (EPS) is Rs 31.68.
Balance Sheet
The company maintains a low debt-to-equity ratio of 0.14. The book value per share is Rs 225.49.
Ownership & Pledges
There are no promoter shares pledged.
Regulatory & Surveillance
The company is not currently under any surveillance measure.
Data as of — price: 2026-11-07 · financials: Sep 26 · shareholding: Sep 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.