What is the share price of Happy Forgings Ltd (HAPPYFORGE) today?
The share price of HAPPYFORGE as on 9th July 2026 is ₹1564.10. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Happy Forgings Ltd (HAPPYFORGE) share?
The past returns of Happy Forgings Ltd (HAPPYFORGE) share are- Past 1 week: 2.36%
- Past 1 month: 16.29%
- Past 3 months: 23.10%
- Past 6 months: 40.20%
- Past 1 year: 67.09%
- Past 3 years: N/A%
- Past 5 years: 51.74%
What are the peers or stocks similar to Happy Forgings Ltd (HAPPYFORGE)?
The peers or stocks similar to Happy Forgings Ltd (HAPPYFORGE) include:What is the dividend yield % of Happy Forgings Ltd (HAPPYFORGE) share?
The current dividend yield of Happy Forgings Ltd (HAPPYFORGE) is 0.26.What is the market cap of Happy Forgings Ltd (HAPPYFORGE) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Happy Forgings Ltd (HAPPYFORGE) is ₹14761.78 Cr as of 9th July 2026.What is the 52 week high and low of Happy Forgings Ltd (HAPPYFORGE) share?
The 52-week high of Happy Forgings Ltd (HAPPYFORGE) is ₹1590.40 and the 52-week low is ₹862.05.What is the PE and PB ratio of Happy Forgings Ltd (HAPPYFORGE) stock?
The P/E (price-to-earnings) ratio of Happy Forgings Ltd (HAPPYFORGE) is 48.94. The P/B (price-to-book) ratio is 6.94.Which sector does Happy Forgings Ltd (HAPPYFORGE) belong to?
Happy Forgings Ltd (HAPPYFORGE) belongs to the Industrials sector & Heavy Machinery sub-sector.How to buy Happy Forgings Ltd (HAPPYFORGE) shares?
You can directly buy Happy Forgings Ltd (HAPPYFORGE) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Happy Forgings Ltd
HAPPYFORGE Share Price
NSEHAPPYFORGE Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
HAPPYFORGE Performance & Key Metrics
HAPPYFORGE Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 48.94 | 6.94 | 0.26% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 44.17 | 6.31 | 0.64% |
from 7 analysts
Price Upside
Earnings Growth
Rev. Growth
HAPPYFORGE Company Profile
Happy Forgings Ltd manufactures high precision forged components for automotive, railway, and industrial applications, serving OEMs globally.
HAPPYFORGE Sentiment Analysis
HAPPYFORGE Sentiment Analysis
HAPPYFORGE Stock Summary · May 2026
Strong results and profitable expansion: management reported FY'26 revenue of Rs.1,546 crore with an EBITDA margin of 30.4%, delivering the company’s highest-ever annual profitability and a Q4 revenue run-rate of Rs.424 crore with ~20% year‑on‑year sales growth. Management emphasized continued capacity-led growth—finished‑goods volumes rose ~11% for the year and accelerated in Q4—and a strategic shift to heavier, higher‑value machined components that lifted blended realizations and raised machining’s share to 89% in FY'26. They flagged a large capex program (FY'26 spend ~Rs.460 crore, FY'27 planned Rs.450–500 crore, ~Rs.800 crore over two years) to expand forging and machining capacity and commission new lines, while stressing strong cash conversion (operating cash flow ~Rs.445 crore) and liquid assets (~Rs.430 crore) to self‑fund growth. Management acknowledged near‑term pressure from input‑cost inflation—steel pass‑through lags and other cost increases—and timing risks on data‑center heavy‑forging ramps, offset in part by expected price increases of ~3.5–4% and an order book near Rs.950 crore to be executed over 2.5–3 years, with exports seen growing mid‑single digits and North America passenger‑car revenue ramping from Q2.
HAPPYFORGE Stock Growth Drivers
HAPPYFORGE Stock Growth Drivers
5Transformation to higher‑value, higher‑margin product mix
The company has executed a multi‑year transformation toward value‑added, higher‑realization products that is already lifting
Robust FY'26 financial performance and strong cash generation
FY'26 delivered milestone financial results with revenue of Rs.1,546 crore, EBITDA of Rs.471 crore (EBITDA
HAPPYFORGE Stock Challenges
HAPPYFORGE Stock Challenges
6Rising input and manufacturing-cost inflation threatening margins
The company faces material cost inflation across multiple inputs that is already pressuring margins and
Weakness in export markets driving volume and revenue declines
Export-facing businesses have experienced significant, realized declines that have weakened revenue and altered mix. North
HAPPYFORGE Forecast
HAPPYFORGE Forecasts
Price
Revenue
Earnings
HAPPYFORGE Share Price Forecast
HAPPYFORGE Share Price Forecast
All values in ₹
All values in ₹
HAPPYFORGE Company Revenue Forecast
HAPPYFORGE Company Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
HAPPYFORGE Stock EPS (Earnings Per Share) Forecast
HAPPYFORGE Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
HAPPYFORGE
HAPPYFORGE
Income
Balance Sheet
Cash Flow
HAPPYFORGE Income Statement
HAPPYFORGE Income Statement
| Quarter | dec 2023 | mar 2024 | jun 2024 | sep 2024 | dec 2024 | mar 2025 | jun 2025 | sep 2025 | dec 2025 | mar 2026 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 345.31 | 350.54 | 349.07 | 374.21 | 360.94 | 362.00 | 364.15 | 383.64 | 399.47 | 429.89 | ||||||||||
| Operating & Other expenses | 246.81 | 246.21 | 243.86 | 255.77 | 252.87 | 249.70 | 252.65 | 261.59 | 270.91 | 290.50 | ||||||||||
| EBITDA | 98.50 | 104.33 | 105.21 | 118.44 | 108.07 | 112.30 | 111.50 | 122.05 | 128.56 | 139.39 | ||||||||||
| Depreciation/Amortization | 17.06 | 16.02 | 18.01 | 19.66 | 19.11 | 20.28 | 20.55 | 21.55 | 22.43 | 24.51 | ||||||||||
| PBIT | 81.44 | 88.31 | 87.20 | 98.78 | 88.96 | 92.02 | 90.95 | 100.50 | 106.13 | 114.88 | ||||||||||
| Interest & Other Items | 3.78 | 0.86 | 1.37 | 1.57 | 2.15 | 2.45 | 2.30 | 1.89 | 2.46 | 3.81 | ||||||||||
| PBT | 77.66 | 87.45 | 85.83 | 97.21 | 86.81 | 89.57 | 88.65 | 98.61 | 103.67 | 111.07 | ||||||||||
| Taxes & Other Items | 19.77 | 21.67 | 22.02 | 25.86 | 22.28 | 21.93 | 22.95 | 25.17 | 24.73 | 27.50 | ||||||||||
| Net Income | 57.89 | 65.78 | 63.81 | 71.35 | 64.53 | 67.64 | 65.70 | 73.44 | 78.94 | 83.57 | ||||||||||
| EPS | 6.46 | 7.25 | 6.77 | 7.58 | 6.85 | 7.18 | 6.97 | 7.79 | 8.37 | 8.86 |
HAPPYFORGE Company Updates
HAPPYFORGE Stock Peers
HAPPYFORGE Past Performance & Peer Comparison
HAPPYFORGE Past Performance & Peer Comparison
IndustrialsHeavy Machinery
Valuation
Technical
Forecast
| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Happy Forgings Ltd | 48.94 | 6.94 | 0.26% |
| Action Construction Equipment Ltd | 28.00 | 7.19 | 0.20% |
| Isgec Heavy Engineering Ltd | 62.36 | 2.38 | 0.65% |
| TIL Ltd | -55.38 | 15.35 | — |
HAPPYFORGE Stock Price Comparison
Compare HAPPYFORGE with any stock or ETFHAPPYFORGE Holdings
HAPPYFORGE Shareholdings
HAPPYFORGE Promoter Holdings Trend
HAPPYFORGE Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
HAPPYFORGE Institutional Holdings Trend
HAPPYFORGE Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has almost stayed constant
HAPPYFORGE Shareholding Pattern
HAPPYFORGE Shareholding Pattern
HAPPYFORGE Shareholding History
HAPPYFORGE Shareholding History
Mutual Funds Invested in HAPPYFORGE
Mutual Funds Invested in HAPPYFORGE
No mutual funds holding trends are available
Top 5 Mutual Funds holding Happy Forgings Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 4.0307% | Percentage of the fund’s portfolio invested in the stock 1.42% | Change in the portfolio weight of the stock over the last 3 months 0.09% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 31/82 (-4) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.6403% | Percentage of the fund’s portfolio invested in the stock 0.88% | Change in the portfolio weight of the stock over the last 3 months -0.07% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 61/83 (-4) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.5466% | Percentage of the fund’s portfolio invested in the stock 1.24% | Change in the portfolio weight of the stock over the last 3 months -0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 56/83 (+1) |
Compare 3-month MF holding change on Screener
smallcases containing HAPPYFORGE stock
smallcases containing HAPPYFORGE stock
Looks like this stock is not in any smallcase yet.
HAPPYFORGE Events
HAPPYFORGE Events
HAPPYFORGE Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
HAPPYFORGE Dividend Trend
No dividend trend available
HAPPYFORGE Upcoming Dividends
HAPPYFORGE Upcoming Dividends
Cash Dividend
Ex DateEx DateJul 20, 2026
Dividend/Share
₹4.00
Ex DateEx Date
Jul 20, 2026
HAPPYFORGE Past Dividends
HAPPYFORGE Past Dividends
Cash Dividend
Ex DateEx DateJul 22, 2025
Dividend/Share
₹3.00
Ex DateEx Date
Jul 22, 2025
Cash Dividend
Ex DateEx DateJul 22, 2024
Dividend/Share
₹4.00
Ex DateEx Date
Jul 22, 2024
HAPPYFORGE Stock News & Opinions
HAPPYFORGE Stock News & Opinions
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
Happy Forgings has fixed 20 July 2026 as record date for ascertaining the shareholders who will be entitled to receive the final dividend.
The board of Happy Forgings at its meeting held on 21 May 2026 has approved to enhance the capacity of solar power project from 25 MW AC to 35 MW AC. Consequently, the overall proposed investment in the project has also been revised from Rs 120 crore to up to Rs 170 crore.
Happy Forgings will hold a meeting of the Board of Directors of the Company on 21 May 2026.
Net profit of Happy Forgings rose 22.29% to Rs 78.94 crore in the quarter ended December 2025 as against Rs 64.55 crore during the previous quarter ended December 2024. Sales rose 10.44% to Rs 391.31 crore in the quarter ended December 2025 as against Rs 354.32 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales391.31354.32 10 OPM %30.7728.64 - PBDT126.10105.93 19 PBT103.6786.82 19 NP78.9464.55 22 Powered by Capital Market - Live
Happy Forgings will hold a meeting of the Board of Directors of the Company on 9 February 2026.Powered by Capital Market - Live
Happy Forgings has allotted 23,651 equity shares under ESOS on 02 December 2025. With this allotment, the paid up equity share capital has increased to Rs. 18,86,55,842 (9,43,27,921 equity shares of Rs. 2/- each). Powered by Capital Market - Live
Over the last 5 years, revenue has grown at a yearly rate of 21.7%, vs industry avg of 10.02%
Over the last 5 years, market share increased from 7.46% to 12.09%
Over the last 5 years, net income has grown at a yearly rate of 28.39%, vs industry avg of 17.98%