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NSE · HAPPYFORGE · Castings, Forgings & Fastners

Happy Forgings Limited

1661.6
₹15,677 Cr market cap
P/E
187.54
EPS
₹8.86
Book value
₹225.56
ROE
14.17%
ROCE
19.16%
Debt / equity
0.15

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

039478911831577Dec 24Mar 25Mar 25Jun 25Sep 25Dec 25Mar 26Mar 26
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹424 Cr with net profit ₹84 Cr — a 19.71% net margin, versus 19.12% the period before.

Shareholding

As of 2026-06-30

78.46%
promoter holding
  • Promoter78.46%
  • Public4.13%
  • FII1.88%
  • DII15.54%

64,341 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

78.6%78.46%Sep 24Jun 26

52-week position

Where the current price sits in its yearly band

86216621674

The band spans 1.94× from low to high.

Risk flags

Derived from disclosed data

No flags raised by the data.

Peer comparison

Castings & Forgings · ranked #4 of 57 by market cap · medians across 45 industry peers

P/E
187.54vs 26.1 peer med
P/B
7.37vs 3.11 peer med
ROE %
14.17vs 10.61 peer med
Margin %
19.51vs 6.04 peer med
CompanyMkt capP/EP/BROEMargin
Bharat Forge Ltd.₹1,03,492 Cr445.4110.811.12%6.04%
AIA Engineering Ltd.₹42,554 Cr108.195.315.83%29.16%
PTC Industries Limited₹26,679 Cr262.717.76.74%16.85%
Happy Forgings Limited(this company)₹15,677 Cr187.547.3714.17%19.51%
CIE Automotive India Ltd.₹15,626 Cr62.692.0911.1%8.94%
Ramkrishna Forgings Ltd.₹11,411 Cr99.273.42.46%2.41%
Kennametal India Limited₹6,195 Cr52.99.5917.66%11.47%
Balu Forge Industries Limited₹5,262 Cr68.263.316.24%23.38%
Electrosteel Castings Ltd.₹4,379 Cr272.420.740.13%0.1%
Steelcast Limited₹3,219 Cr37.298.1521.99%20.53%

AI analysis

AI-generated · google/gemini-2.5-flash

Happy 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: 2026-07-30 · financials: Mar 26 · shareholding: Jun 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.

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