How to Buy Happy Forgings Ltd Shares?
You can easily buy the stocks/shares of Happy Forgings Ltd (HAPPYFORGE) on Tickertape or through broker platform by opening a Demat & Trading account onlineWhat is the Share Price of Happy Forgings Ltd?
The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of HAPPYFORGE as on 15th May 2025 is ₹834.09What is the return on Happy Forgings Ltd share?
The past returns of Happy Forgings Ltd (HAPPYFORGE) share are- Past 1 week: N/A
- Past 1 month: -79.94
- Past 3 months: 22.30
- Past 6 months: -9.87
- Past 1 year: -21.33
- Past 3 years: N/A
- Past 5 years: -8.40
What is the Dividend yield % on Happy Forgings Ltd share?
The current dividend yield of Happy Forgings Ltd (HAPPYFORGE) is 0.32What is the Market Cap of Happy Forgings Ltd?
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 ₹8889.82Cr as of 15th May 2025What is the 52 Week High and Low of Happy Forgings Ltd?
The 52-week high and low of Happy Forgings Ltd (HAPPYFORGE) is ₹1299.95 and ₹724.10.What is the PE and PB ratio of Happy Forgings Ltd?
The P/E (price-to-earnings) and P/B (price-to-book) ratios of Happy Forgings Ltd are 33.24 and 5.51 respectively.Which sector does Happy Forgings Ltd belong to?
Happy Forgings Ltd (HAPPYFORGE) belongs to the Industrials sector & Heavy Machinery sub-sector.What are the peers or stocks similar to Happy Forgings Ltd?
The peers or stocks similar to Happy Forgings Ltd are: and many others.Can't decide whether or not to buy Happy Forgings Ltd?
Worry no more! Login to Tickertape and check out Happy Forgings Ltd (HAPPYFORGE) scorecard & all the relevant insights today5. Test Stocks FAQ What is the 52 Week High and Low of Happy Forgings Ltd?
The 52-week high and low of Happy Forgings Ltd (HAPPYFORGE) is ₹1299.95 and ₹724.10.1. Test Stocks FAQ for Happy Forgings Ltd Shares?
You can easily buy the stocks/shares of Happy Forgings Ltd (HAPPYFORGE) on Tickertape or through broker platform by opening a Google & Trading account online3. Test Stocks FAQ What is the Share Price of Happy Forgings Ltd?
The stock prices are volatile and keep changing through the day depending upon various factors and market conditions. The Share price of HAPPYFORGE as on 15th May 2025 is ₹834.09
Happy Forgings Ltd
HAPPYFORGE Share Price
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HAPPYFORGE Performance & Key Metrics
HAPPYFORGE Performance & Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
33.25 | 5.51 | 0.32% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
37.66 | 6.54 | 0.62% |
HAPPYFORGE Analyst Ratings & Forecast
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 · January 2025
Company is navigating a complex landscape characterized by declining market share in deposits, challenges in meeting Priority Sector Lending (PSL) obligations, and fluctuations in current account flows. Despite these hurdles, the bank is focusing on enhancing customer engagement and service delivery to drive deposit growth, with recent monthly inflows showing a positive trend. The management emphasizes a strategic approach to maintaining profitability over aggressive expansion, particularly in light of competitive pressures and a tight liquidity environment. Efforts to improve operational efficiencies through digitization and a commitment to stable cost management are underway, alongside a proactive strategy to reduce borrowings and strengthen the balance sheet. Overall, while facing short-term challenges, the bank remains optimistic about future performance and is committed to achieving sustainable growth through strategic investments and improved customer outreach.
HAPPYFORGE Stock Growth Drivers
HAPPYFORGE Stock Growth Drivers
3Focus on Sustainable Growth
Company is prioritizing profitable growth over mere expansion, emphasizing a strategy that encourages ground-level teams
Stable Financial Metrics
The company has maintained a return on assets (ROA) of 1.9% post-merger, showcasing stability in
HAPPYFORGE Stock Challenges
HAPPYFORGE Stock Challenges
0challenges
HAPPYFORGE Forecast
What are forecasts?
What are forecasts?
Forecasting uses historical data as inputs to make informed predictive estimates determining the direction of future trends. Price, revenue & earnings forecasts represent where the stock level, business prospects and profits are potentially expected to be at the end of the forecast period
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 | 1,002.20 | 1,002.20 | ||||||
Power & Fuel Cost | 46.26 | 67.65 | 75.76 | 92.36 | ||||||||
Employee Cost | 49.00 | 68.68 | 87.78 | 114.46 | ||||||||
Selling & Administrative Expenses | 3.38 | 25.14 | 34.58 | 41.77 | ||||||||
Operating & Other expenses | 70.32 | 31.84 | 109.74 | 92.37 | ||||||||
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 | 28.39 | 28.38 | ||||||
DPS | 0.00 | 0.00 | 1.30 | 4.00 | 3.00 | 8.00 | ||||||
Payout ratio | 0.00 | 0.00 | 0.06 | 0.15 | 0.11 | 0.28 |
HAPPYFORGE Company Updates
HAPPYFORGE Stock Peers
What are peers and why compare against them?
What are peers and why compare against them?
A stock's peers are companies which have similar business interests, operations and belong to the same industry sector. Comparing various metrics against peers can give valuable insights on whether the company's stock is over/under-valued and the company's growth outlook vs the industry as a whole
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 | 33.24 | 5.51 | 0.32% |
Action Construction Equipment Ltd | 34.84 | 11.58 | 0.17% |
Isgec Heavy Engineering Ltd | 26.73 | 3.48 | — |
TIL Ltd | 835.50 | 75.64 | — |
HAPPYFORGE Stock Price Comparison
Compare HAPPYFORGE with any stock or ETFHAPPYFORGE Holdings
HAPPYFORGE Shareholdings
What are shareholdings?
What are shareholdings?
Apart from retail investors, a company’s shares are held by promoters, foreign & domestic institutions (large investors) and mutual funds. Promoters are the ship captains and control the company’s direction. Along with institutional and mutual fund holdings, a change in their holdings can indicate performance outlook for the stock
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 2.0050% | Percentage of the fund’s portfolio invested in the stock 1.03% | Change in the portfolio weight of the stock over the last 3 months 0.04% | 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 61/80 (+3) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.5319% | Percentage of the fund’s portfolio invested in the stock 2.41% | 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 17/35 (-2) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 0.8658% | Percentage of the fund’s portfolio invested in the stock 0.47% | 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 68/79 (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
What are dividends?
What are dividends?
Dividends are a portion of earnings that a company distributes to all its shareholders every year. Dividend return is one of the most important things to be considered while investing for long term. It’s the additional return on top of what investors earn through price appreciation
HAPPYFORGE Dividend Trend
No dividend trend available
HAPPYFORGE Upcoming Dividends
HAPPYFORGE Upcoming Dividends
No upcoming dividends are available
HAPPYFORGE Past Dividends
HAPPYFORGE Past Dividends
Cash Dividend
Ex DateEx DateJul 22, 2024
Dividend/Share
₹4.00
Ex DateEx Date
Jul 22, 2024
Cash Dividend
Ex DateEx DateJul 21, 2024
Dividend/Share
₹4.00
Ex DateEx Date
Jul 21, 2024
Cash Dividend
Ex DateEx DateNov 9, 2021
Dividend/Share
₹1.75
Ex DateEx Date
Nov 9, 2021
Cash Dividend
Ex DateEx DateJun 29, 2021
Dividend/Share
₹3.00
Ex DateEx Date
Jun 29, 2021
HAPPYFORGE Stock News & Opinions
HAPPYFORGE Stock News & Opinions
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
Happy Forgings will hold a meeting of the Board of Directors of the Company on 7 February 2025.Powered by Capital Market - Live
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant