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HAPPYFORGE Stock Chart & Stats
₹1614.10
₹35.20(2.18%)
At close: 4:00 PM EDT
₹1614.10
₹35.20(2.18%)
Day’s Range― - ―
52-Week Range₹890.05 - ₹2,484.30
Previous CloseN/A
Volume69.76K
Average Volume (3M)6.65K
Market Cap
₹195.47B
Enterprise Value₹108.54K
Total Cash (Recent Filing)₹4.06B
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)59.5
Beta1.03
Next Earnings
Nov 05, 2026EPS Estimate
9.6Next Dividend Ex-DateN/A
Dividend Yield0.19%
Share Statistics
EPS (TTM)34.72
Shares Outstanding94,401,146
10 Day Avg. Volume5,838
30 Day Avg. Volume6,654
Financial Highlights & Ratios
PEG Ratio2.85
Price to Book (P/B)5.12
Price to Sales (P/S)7.05
P/FCF Ratio10.00K
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)41.94
Revenue Forecast (FY)₹19.09B
Bulls Say, Bears Say
Bulls Say
Revenue GrowthStrong multi-year revenue expansion indicates increasing demand for the company’s forged and machined components across automotive and industrial applications. Continued growth provides scale benefits, supports customer relationships, and creates a durable base for future earnings development.
Robust ProfitabilityConsistently healthy operating and net margins show that the company converts manufacturing activity into meaningful earnings. This profitability provides internal funding for capacity, technology, and quality investments while helping preserve competitiveness across demanding OEM supply chains.
Conservative Balance SheetLow-to-moderate leverage and a sizable equity base provide financial resilience for a capital-intensive manufacturing business. A conservative funding structure can support capacity expansion and help the company manage operating volatility without excessive dependence on debt.
Bears Say
Weak Free Cash Flow ConversionVolatile free cash flow limits the portion of accounting profit available for shareholders, debt reduction, or internally funded expansion. The near-breakeven 2026 result suggests reinvestment and working-capital demands may continue absorbing cash even while reported earnings grow.
Margin CompressionBroad margin compression across gross, operating, and EBITDA measures indicates that higher revenue is not translating fully into incremental profitability. If cost or product-mix pressure persists, earnings growth could lag sales growth and reduce the benefits of operating scale.
Lower Returns And Rising DebtA declining return on equity alongside higher debt suggests capital is becoming less efficient and leverage is moving upward, even if it remains manageable. This combination can constrain future flexibility and makes sustained earnings growth more important for preserving returns.
Happy Forging Limited News
HAPPYFORGE FAQ
What was Happy Forging Limited’s price range in the past 12 months?
Happy Forging Limited lowest stock price was ₹890.05 and its highest was ₹2484.30 in the past 12 months.
What is Happy Forging Limited’s market cap?
Happy Forging Limited’s market cap is ₹195.47B.
When is Happy Forging Limited’s upcoming earnings report date?
Happy Forging Limited’s upcoming earnings report date is Nov 05, 2026 which is in 35 days.
How were Happy Forging Limited’s earnings last quarter?
Happy Forging Limited released its earnings results on Aug 04, 2026. The company reported ₹9.7 earnings per share for the quarter, beating the consensus estimate of ₹8.9 by ₹0.8.
Is Happy Forging Limited overvalued?
According to Wall Street analysts Happy Forging Limited’s price is currently Overvalued.
Does Happy Forging Limited pay dividends?
Happy Forging Limited pays a Annually dividend of ₹4 which represents an annual dividend yield of 0.19%. See more information on Happy Forging Limited dividends here
What is Happy Forging Limited’s EPS estimate?
Happy Forging Limited’s EPS estimate is 9.6.
How many shares outstanding does Happy Forging Limited have?
Happy Forging Limited has 94,401,146 shares outstanding.
What happened to Happy Forging Limited’s price movement after its last earnings report?
Happy Forging Limited reported an EPS of ₹9.7 in its last earnings report, beating expectations of ₹8.9. Following the earnings report the stock price went up 0.5%.
Which hedge fund is a major shareholder of Happy Forging Limited?
Currently, no hedge funds are holding shares in IN:HAPPYFORGE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Happy Forging Limited
Established in Ludhiana, India, in 1979, Happy Forgings Limited is an Indian company dedicated to the manufacturing of diverse forged and precision-machined components. Its extensive product range encompasses a wide array of heavy-duty parts, including crucial engine and transmission components like crankshafts, connecting rods, and differential cases, as well as chassis elements such as front axle beams and steering knuckles. The company's offerings also span other specialized items, from bicycle pedals to intricate valve bodies. Happy Forgings serves a broad spectrum of industries, supplying its essential products to manufacturers of heavy commercial vehicles, agricultural machinery, and off-highway and industrial equipment. Furthermore, its components are integral to machinery utilized in demanding sectors such as oil and gas, aerospace, defense, power generation, railways, and wind turbine industries. Demonstrating a global reach, Happy Forgings also exports its manufactured goods to numerous international markets, including Brazil, Italy, Japan, Spain, Sweden, Thailand, Turkey, the United Kingdom, and the United States.
Technical Analysis
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