Happy Forgings Limited (HAPPYFORGE) fundamentals
Happy Forgings Limited is a listed company in Industrial Products, part of the Capital Goods sector, listed on the NSE as HAPPYFORGE (ISIN INE330T01021). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.
What Happy Forgings Limited does
Happy Forgings Limited is an India-based company, which is a manufacturer of heavy forged and precision-machined components. The Company is engaged in the manufacturing of auto components and engineering parts. The Company’s products include crankshafts, differential cases, front axle components, railway parts, suspension products, transmission parts, oil and gas, and windmill application products. Its windmill application products consist of three critical components: the planet carrier, pinion shaft, and housing. Its railway components offer a range of parts, which include camshafts, connecting rods, piston pins, and spacers. The Company primarily caters to domestic and global original equipment manufacturers (OEMs) manufacturing commercial vehicles in the automotive sector. It also caters to manufacturers of farm equipment, off-highway vehicles and manufacturers of industrial equipment and machinery for the oil and gas, power generation, railways, and wind turbine industries.
Valuation and market data
| Last close | ₹2168.40 |
|---|---|
| Market capitalisation | ₹20,446 crore |
| Enterprise value | ₹20,469 crore |
| P/E (TTM) | 67.78 |
| Price to book | 9.61 |
| Price to sales (TTM) | 7.33 |
| Book value per share | ₹225.70 |
| Dividend yield | 18.45% |
| Sector | Capital Goods |
| Industry | Industrial Products |
| Listed since | Wed Dec 27 |
Annual results
| Period | Revenue | Profit before tax | Net profit | EPS |
|---|---|---|---|---|
| Mar 2026 | ₹1,577 crore | ₹402 crore | ₹302 crore | 31.99 |
| Mar 2025 | ₹1,446 crore | ₹360 crore | ₹267 crore | 28.39 |
| Mar 2024 | ₹1,372 crore | ₹324 crore | ₹243 crore | 26.78 |
| Mar 2023 | ₹1,202 crore | ₹280 crore | ₹209 crore | 23.32 |
Figures are as reported (consolidated), in ₹ crore.
Shareholding pattern
As of Jun 2026:
| Promoters | 78.5% |
|---|---|
| Foreign institutions (FII) | 1.9% |
| Mutual funds | 13.9% |
| Other domestic institutions | 1.7% |
| Retail and others | 4.1% |
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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.