Happy Forgings Ltd

Happy Forgings Limited informed the BSE Ltd and National Stock Exchange of India Ltd that it received a certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended September 30, 2026, from MUFG Intime India Private Limited, formerly Link Intime India Private Limited, the company's Registrar and Transfer Agent.

Happy Forgings Ltd. will close its trading window from October 1, 2026, until 48 hours after the board meeting to consider unaudited financial results for the quarter ended September 30, 2026, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and company policy.

Happy Forgings Limited announced the allotment of 22412 equity shares to employees under its Employees Stock Options Scheme, increasing the company's paid-up share capital from Rs 18,87,57,468 to Rs 18,88,02,292.

Happy Forgings Limited (NSE: HAPPYFORGE, BSE: 544057) announced consolidated financial results for the quarter ending June 30, 2026, reporting revenue from operations of Rs 449 crore, a 27.0% increase year-on-year, driven by a 23.1% volume increase to 17,793 metric tons. The company's profit after tax rose 39.2% year-on-year to Rs 91 crore, with a profit after tax margin improving to 20.4%, while EBITDA increased 39.3% to Rs 141 crore.

Happy Forgings Ltd share price gained 2.89% to Rs 1699.1 after the company's net profit saw a mild growth of 9.45% to Rs 91.46 crore, while revenue from operations slightly gained 6.04% to Rs 449.42 crore in Q2FY26 over Q1FY26. The market capitalization of Castings & Forgings industry group stocks on BSE stood at Rs 91606.99 crore, climbing 10.85%. It has improved by 2.19% over last one week and climbed by 12.79% in last one month while the market capitalization of Happy Forgings Ltd has inched up 5.29% and 25.71% in the same period respectively. Profit before tax (PBT) of Happy Forgings Ltd stood at Rs 122.64 crore in Q2 FY26, jumping 38.36% year-on-year, and improving 10.42% quarter-on-quarter. EBITDA came in at Rs 130 crore, expanding by 42.93% YoY and easing 1.96% sequentially. Total expenses saw a slight increase of 6.29% to Rs 334.81 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 187.8 crore, going up by 18.87% YoY, while employee benefits expense was at Rs 38.7 crore, ticking higher by 6.35% YoY. For the TTM ended FY26, revenue from operations inched higher 9.76% to Rs 1546.34 crore, while net profit expanded by 12.78% to Rs 301.63 crore, compared to previous TTM. EBITDA soared by 38023% to Rs 439.88 crore, and PBT rose 11.80% to Rs 401.98 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 444.67 crore in FY26, as against Rs 292.33 crore in FY25. Happy Forgings Ltd rallied 78.84% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.94% during the same period.

Happy Forgings will hold a meeting of the Board of Directors of the Company on 4 August 2026.

Happy Forgings has allotted 28,273 equity shares under ESOS on 17 June 2026. Post allotment, the paid up equity share capital has increased to Rs. 18,87,57,468 (9,43,78,734 equity shares of Rs. 2/- each).

Happy Forgings announced that the 47th Annual General Meeting(AGM) of the company will be held on 27 July 2026.

Happy Forgings announced that the Board of Directors of the Company at its meeting held on 21 May 2026, inter alia, have recommended the final dividend of Rs 4 per equity Share (i.e. 200%) , subject to the approval of the shareholders.

Net profit of Happy Forgings rose 23.55% to Rs 83.56 crore in the quarter ended March 2026 as against Rs 67.63 crore during the previous quarter ended March 2025. Sales rose 20.42% to Rs 423.84 crore in the quarter ended March 2026 as against Rs 351.97 crore during the previous quarter ended March 2025. For the full year,net profit rose 12.78% to Rs 301.63 crore in the year ended March 2026 as against Rs 267.44 crore during the previous year ended March 2025. Sales rose 9.76% to Rs 1546.34 crore in the year ended March 2026 as against Rs 1408.89 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales423.84351.97 20 1546.341408.89 10 OPM %31.4629.06 -30.4428.87 - PBDT135.57109.85 23 491.03436.61 12 PBT111.0789.56 24 401.98359.55 12 NP83.5667.63 24 301.63267.44 13 Powered by Capital Market - Live