What is the share price of Happy Forgings Ltd (HAPPYFORGE) today?
The share price of HAPPYFORGE as on 18th July 2025 is ₹940.30. 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: 0.21%
- Past 1 month: -3.73%
- Past 3 months: 17.64%
- Past 6 months: -5.03%
- Past 1 year: -23.24%
- Past 3 years: N/A%
- Past 5 years: -8.78%
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 0.32.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 ₹8887.40 Cr as of 18th July 2025.What is the 52 week high and low of Happy Forgings Ltd (HAPPYFORGE) share?
The 52-week high of Happy Forgings Ltd (HAPPYFORGE) is ₹1289.50 and the 52-week low is ₹724.10.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 33.23. The P/B (price-to-book) ratio is 4.81.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
HAPPYFORGE Stock Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and 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 |
---|---|---|
33.25 | 4.81 | 0.32% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
38.71 | 6.42 | 0.63% |
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 2025
Despite facing significant challenges in key sectors, including a decline in international commercial vehicles and domestic slowdowns, the company achieved a 4.7% increase in revenue and its highest-ever profitability, driven by strong performance in the passenger and industrial segments. A robust balance sheet, characterized by a low debt-to-equity ratio and healthy cash flow, underpins its optimistic outlook for long-term growth, supported by strategic capital investments in new facilities and renewable energy. While domestic sales in the farm equipment sector showed resilience, export markets remain under pressure, particularly in Europe and North America. The company is poised to leverage its strengths in innovation and market diversification to navigate uncertainties and capitalize on emerging opportunities.
HAPPYFORGE Stock Growth Drivers
HAPPYFORGE Stock Growth Drivers
7Stable Financial Performance
In FY '25, the company achieved stable growth in absolute revenue, EBITDA, and profit after
Growth in New Segments
The company has successfully expanded its passenger vehicle segment, which now contributes 4% to total
HAPPYFORGE Stock Challenges
HAPPYFORGE Stock Challenges
5Decline in Commercial Vehicle Segment
The commercial vehicle (CV) segment has faced significant challenges, with a reported revenue decline of
Challenges in Export Markets
The company's export business, which contributes about 18% of total revenues, has remained flat on
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
Financial Year | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 590.82 | 866.11 | 1,202.28 | 1,371.59 | 1,446.34 | 1,446.22 | ||||||
Raw Materials | 257.26 | 435.85 | 547.72 | 629.73 | 602.78 | 1,002.20 | ||||||
Power & Fuel Cost | 46.26 | 67.65 | 75.76 | 92.36 | 99.10 | |||||||
Employee Cost | 49.00 | 68.68 | 87.78 | 114.46 | 124.82 | |||||||
Selling & Administrative Expenses | 3.38 | 25.14 | 34.58 | 41.77 | 42.20 | |||||||
Operating & Other expenses | 70.32 | 31.84 | 109.74 | 92.37 | 133.30 | |||||||
EBITDA | 164.60 | 236.95 | 346.70 | 400.90 | 444.14 | 444.02 | ||||||
Depreciation/Amortization | 35.76 | 37.74 | 54.18 | 64.73 | 77.06 | 77.06 | ||||||
PBIT | 128.84 | 199.21 | 292.52 | 336.17 | 367.08 | 366.96 | ||||||
Interest & Other Items | 11.78 | 7.16 | 12.48 | 11.78 | 7.53 | 7.54 | ||||||
PBT | 117.06 | 192.05 | 280.04 | 324.39 | 359.55 | 359.42 | ||||||
Taxes & Other Items | 30.61 | 49.76 | 71.33 | 81.41 | 92.12 | 92.09 | ||||||
Net Income | 86.45 | 142.29 | 208.71 | 242.98 | 267.43 | 267.33 | ||||||
EPS | 9.66 | 15.90 | 23.32 | 26.45 | 28.38 | 28.37 | ||||||
DPS | 0.00 | 0.00 | 1.30 | 4.00 | 3.00 | 4.00 | ||||||
Payout ratio | 0.00 | 0.00 | 0.06 | 0.15 | 0.11 | 0.14 |
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 | 33.23 | 4.81 | 0.32% |
Action Construction Equipment Ltd | 33.42 | 11.10 | 0.17% |
Isgec Heavy Engineering Ltd | 25.24 | 3.29 | — |
TIL Ltd | 916.36 | 82.96 | — |
HAPPYFORGE Stock Price Comparison
Compare HAPPYFORGE with any stock or ETFHAPPYFORGE Holdings
HAPPYFORGE Shareholdings
HAPPYFORGE Promoter Holdings Trend
HAPPYFORGE Promoter Holdings Trend
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 4.0000% | Percentage of the fund’s portfolio invested in the stock 1.00% | Change in the portfolio weight of the stock over the last 3 months 0.05% | 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 40/71 (-1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.7272% | Percentage of the fund’s portfolio invested in the stock 0.85% | Change in the portfolio weight of the stock over the last 3 months 0.05% | 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 (-11) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.4996% | Percentage of the fund’s portfolio invested in the stock 2.47% | Change in the portfolio weight of the stock over the last 3 months 0.36% | 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 17/35 (0) |
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 22, 2025
Dividend/Share
₹3.00
Ex DateEx Date
Jul 22, 2025
HAPPYFORGE Past Dividends
HAPPYFORGE Past Dividends
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 fixed 22 July 2025 as record date for payment of final dividend of Rs 3 per equity share of Rs 2 each for FY 2024-25. Powered by Capital Market - Live
Happy Forgings announced that the 46th Annual General Meeting(AGM) of the company will be held on 29 July 2025.Powered by Capital Market - Live
Net profit of Happy Forgings rose 2.81% to Rs 67.63 crore in the quarter ended March 2025 as against Rs 65.78 crore during the previous quarter ended March 2024. Sales rose 2.51% to Rs 351.97 crore in the quarter ended March 2025 as against Rs 343.34 crore during the previous quarter ended March 2024. For the full year,net profit rose 10.07% to Rs 267.44 crore in the year ended March 2025 as against Rs 242.98 crore during the previous year ended March 2024. Sales rose 3.73% to Rs 1408.89 crore in the year ended March 2025 as against Rs 1358.24 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales351.97343.34 3 1408.891358.24 4 OPM %29.0628.29 -28.8728.53 - PBDT109.85103.47 6 436.61389.12 12 PBT89.5687.46 2 359.55324.39 11 NP67.6365.78 3 267.44242.98 10 Powered by Capital Market - Live
Net profit of Happy Forgings rose 3.01% to Rs 67.77 crore in the quarter ended March 2025 as against Rs 65.79 crore during the previous quarter ended March 2024. Sales rose 2.51% to Rs 351.97 crore in the quarter ended March 2025 as against Rs 343.34 crore during the previous quarter ended March 2024. For the full year,net profit rose 10.12% to Rs 267.57 crore in the year ended March 2025 as against Rs 242.99 crore during the previous year ended March 2024. Sales rose 3.73% to Rs 1408.89 crore in the year ended March 2025 as against Rs 1358.24 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales351.97343.34 3 1408.891358.24 4 OPM %29.0628.29 -28.8728.53 - PBDT109.96103.48 6 436.73389.13 12 PBT89.6887.46 3 359.67324.40 11 NP67.7765.79 3 267.57242.99 10 Powered by Capital Market - Live
Happy Forgings announced that the Board of Directors of the Company at its meeting held on 17 May 2025, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 150%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Happy Forgings will hold a meeting of the Board of Directors of the Company on 17 May 2025.Powered by Capital Market - Live
Happy Forgings has allotted 17,375 equity shares under ESOS on 12 February 2025. The Paid-up Share Capital of the Company will accordingly increase from Rs.18,84,49,650 (9,42,24,825 equity shares of Rs.2/- each) to Rs. 18,84,84,400 ( 9,42,42,200 equity shares of Rs. 2/- each). Powered by Capital Market - Live
This MoU sets the main terms and principles for a binding long-term supply contract, which will be signed when approved components start shipping in 2028. Under the MoU, the customer has committed an initial investment of approximately Rs 20 crore for tooling and development, with sampling and testing planned for 2027. The binding supply contract will commence in 2028 with the delivery of approved components. Annual revenues are expected to be approximately Rs 95 crore based on minimum committed volumes, with a peak potential of Rs 160 crore per year, contingent on the customer's equipment sales. This order will be executed through HFL's upcoming heavy forging facility, which is being developed as part of a Board-approved capital expenditure plan of Rs 650 crore sanctioned in January 2025. These new capabilities will position Happy Forgings among the select manufacturers capable of producing heavy forged and precision-machined components exceeding 250 kilograms. Ashish Garg, managing director of Happy Forgings, said: 'We are pleased to announce our first MoU in the heavy forged and precision machined components segment for parts exceeding 250 kg with a leading global manufacturer. This agreement provides strong visibility for the deployment of our new heavy forging capacity upon commissioning. It also reinforces our engineering expertise and positions HFL to pursue additional large-scale, heavyweight component opportunities across various industrial sectors. Expanding into this high-value segment aligns with our long-term strategy to diversify our portfolio, drive profitability, and create lasting value for our stakeholders.' Happy Forgings is principally engaged in the manufacturing of forgings and related components. The company's consolidated net profit jumped 11.5% to Rs 64.55 crore on 3.6% increase in net sales to Rs 354.32 crore in Q3 FY25 over Q3 FY24. The scrip declined 3.11% to end at Rs 932.25 on Tuesday, 11 February 205.Powered by Capital Market - Live
Happy Forgings has obtained an international order to supply heavy forged and precision-machined components weighing upto 1,000 Kgs for use in industrial and mining applications. The order entails annual committed volumes of Rs 95 crore with a peak annual revenue potential of Rs 160 crore. Testing and sampling is scheduled in 2027 and supplies are expected to commence in 2028 under the binding long-term supply contract. Powered by Capital Market - Live
Net profit of Happy Forgings rose 11.49% to Rs 64.55 crore in the quarter ended December 2024 as against Rs 57.90 crore during the previous quarter ended December 2023. Sales rose 3.61% to Rs 354.32 crore in the quarter ended December 2024 as against Rs 341.99 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales354.32341.99 4 OPM %28.6427.83 - PBDT105.9394.73 12 PBT86.8277.67 12 NP64.5557.90 11 Powered by Capital Market - Live
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant