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Happy Forgings Ltd

HAPPYFORGE Share Price

834.090.14% (-1.16)
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1Y
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1M
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HAPPYFORGE Performance & Key Metrics

HAPPYFORGE Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
33.255.510.32%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
37.666.540.62%

HAPPYFORGE Analyst Ratings & Forecast

Analyst Ratings data is currently unavailable for this stock

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.

Investor Presentation

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May 17, 2025

PDF
View Older Presentations

HAPPYFORGE Similar Stocks (Peers)

Compare with peers Compare with peers 

HAPPYFORGE Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
34.84
34.84
1Y Return
17.57%
17.57%
Buy Reco %
66.67
66.67
PE Ratio
26.73
26.73
1Y Return
0.78%
0.78%
Buy Reco %
100.00
100.00
PE Ratio
835.50
835.50
1Y Return
41.66%
41.66%
Buy Reco %
PE Ratio
41.98
41.98
1Y Return
96.04%
96.04%
Buy Reco %
PE Ratio
21.39
21.39
1Y Return
35.27%
35.27%
Buy Reco %
Compare with Peers

HAPPYFORGE Sentiment Analysis

HAPPYFORGE Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

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
3
  • Focus 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
0
No ConsHmm, looks like there are no
challenges

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

HAPPYFORGE

Income

Balance Sheet

Cash Flow

HAPPYFORGE Income Statement

HAPPYFORGE Income Statement

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Financial YearFY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue590.82866.111,202.281,371.591,446.341,446.22
Raw Materialssubtract257.26435.85547.72629.731,002.201,002.20
Power & Fuel Costsubtract46.2667.6575.7692.36
Employee Costsubtract49.0068.6887.78114.46
Selling & Administrative Expensessubtract3.3825.1434.5841.77
Operating & Other expensessubtract70.3231.84109.7492.37
Depreciation/Amortizationsubtract35.7637.7454.1864.7377.0677.06
Interest & Other Itemssubtract11.787.1612.4811.787.537.54
Taxes & Other Itemssubtract30.6149.7671.3381.4192.1292.09
EPS9.6615.9023.3226.4528.3928.38
DPS0.000.001.304.003.008.00
Payout ratio0.000.000.060.150.110.28

HAPPYFORGE Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025FY 2025

Annual Report Pending

Investor Presentation

May 17PDF
Feb 7PDF
Nov 7PDF
Sep 20PDF
FY 2024FY 2024

Annual report

PDF
 

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

Comparing 3 stocks from 
IndustrialsHeavy Machinery

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Happy Forgings Ltd33.245.510.32%
Action Construction Equipment Ltd34.8411.580.17%
Isgec Heavy Engineering Ltd26.733.48
TIL Ltd835.5075.64

HAPPYFORGE Stock Price Comparison

Compare HAPPYFORGE with any stock or ETF
Compare HAPPYFORGE with any stock or ETF
HAPPYFORGE
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HAPPYFORGE 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

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

HAPPYFORGE Institutional Holdings Trend

HAPPYFORGE Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

HAPPYFORGE Shareholding Pattern

HAPPYFORGE Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding78.57%11.67%5.40%2.19%2.17%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

HAPPYFORGE Shareholding History

HAPPYFORGE Shareholding History

Dec '23MarJunSepDec '24Mar2.06%1.12%2.24%2.28%2.28%2.19%

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)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
2.0050%1.03%0.04%61/80 (+3)
1.5319%2.41%0.07%17/35 (-2)
0.8658%0.47%0.02%68/79 (0)

Compare 3-month MF holding change on Screener

HAPPYFORGE Insider Trades & Bulk Stock Deals

HAPPYFORGE Insider Trades & Bulk Stock Deals

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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

Final
Final | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Jul 22, 2024

Cash Dividend

Ex DateEx DateJul 21, 2024

Final
Final | Div/Share: ₹4.00

Dividend/Share

4.00

Ex DateEx Date

Jul 21, 2024

Cash Dividend

Ex DateEx DateNov 9, 2021

Interim
Interim | Div/Share: ₹1.75

Dividend/Share

1.75

Ex DateEx Date

Nov 9, 2021

Cash Dividend

Ex DateEx DateJun 29, 2021

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Jun 29, 2021

HAPPYFORGE Stock News & Opinions

HAPPYFORGE Stock News & Opinions

Corporate
Happy Forgings AGM scheduled

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

4 weeks agoCapital Market - Live
Earnings
Happy Forgings consolidated net profit rises 2.81% in the March 2025 quarter

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

4 weeks agoCapital Market - Live
Earnings
Happy Forgings standalone net profit rises 3.01% in the March 2025 quarter

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

4 weeks agoCapital Market - Live
Corporate
Board of Happy Forgings recommends final dividend

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

4 weeks agoCapital Market - Live
Corporate
Happy Forgings to declare Quarterly Result

Happy Forgings will hold a meeting of the Board of Directors of the Company on 17 May 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Happy Forgings allots 17,375 equity shares under ESOS

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

4 months agoCapital Market - Live
Spotlight
Happy Forgings inks MoU with global manufacturer of industrial equipment

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

4 months agoCapital Market - Live
Corporate
Happy Forgings wins international order for supply of components

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

4 months agoCapital Market - Live
Earnings
Happy Forgings consolidated net profit rises 11.49% in the December 2024 quarter

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

4 months agoCapital Market - Live
Corporate
Happy Forgings to hold board meeting

Happy Forgings will hold a meeting of the Board of Directors of the Company on 7 February 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live

HAPPYFORGE Stock FAQs

HAPPYFORGE Stock FAQs

  1. 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 online

  2. 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

  3. What 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

  4. What is the Dividend yield % on Happy Forgings Ltd share?

    The current dividend yield of Happy Forgings Ltd (HAPPYFORGE) is 0.32

  5. What 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 2025

  6. 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.

  7. 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.

  8. Which sector does Happy Forgings Ltd belong to?

    Happy Forgings Ltd (HAPPYFORGE) belongs to the Industrials sector & Heavy Machinery sub-sector.

  9. What are the peers or stocks similar to Happy Forgings Ltd?
  10. 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 today

  11. 5. 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.

  12. 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 online

  13. 3. 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