HAPPYFORGE Share Price

NSE: HAPPYFORGE
|
Forgings

₹ 1,860.00

-₹13.20 (-0.7%)
1D
Last updated 16 Oct, 2026, 15:29 IST

HAPPYFORGE Share Price Today

As of 17 Oct 2026, HAPPYFORGE share price is ₹1,860.00. The stock opened at ₹1,870.00, compared to its previous close of ₹1,873.20. During today's trading session, HAPPYFORGE share price moved in the range of ₹1,844.90 to ₹1,898.90, with an average price of ₹1,871.90 for the day. Looking at its last 52-week, the stock has touched a low of ₹961.50 and a high of ₹2,470.00. On the performance front, HAPPYFORGE share price has increased by 41.85% over the last six months and is up 98.17% on a year-on-year basis.


₹1,844.90
0.70% down today
₹1,898.90
1D LOW
1D HIGH

HAPPYFORGE Returns Calculator

Volume
44,333
Average traded price
₹1,866.70
Last traded time
03:29:53 16 Oct
Last traded quantity
4

Circuit
L
H
₹1,685.90
₹2,060.50
52-week
L
H
₹961.50
₹2,470.00
Mkt Cap Cr
17,680.86

P/E
54.01

P/B
8.31

ROA
12.44%
ROE
14.17%

ROCE
16.78%

Quick Ratio
1.84

EV/EBITDA
33.92
Based on fundamentals, this stock's
Step 1 of 5
Performance
Very Poor
Happy Forgings has not beaten FD return of 7%
Step 1 of 5
Valuation
Overvalued
Happy Forgings appears overvalued compared to its peers
Step 5 of 5
Earnings
Excellent
Happy Forgings revenue, operating profit and net profit are growing
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROAROEROCEQuick RatioEV/EBITDA
Bharat Forge90,457.82126.447.813.21%11.27%11.36%0.7536.44
PTC Industries39,569.31316.512.026.42%6.74%7.62%2.29191.67
AIA Engineering34,709.5827.124.2714.81%15.83%20.25%15.7119.83
Cie Automotive India14,303.8621.542.518.0%11.41%14.5%1.0512.28
Ramkrishna Forgings12,580.72117.73.61.49%2.46%5.27%0.5621.64
Kennametal India5,175.2244.198.0114.11%17.66%23.62%1.2125.9
BALU FORGE INDUSTRIES LTD5,787.3621.63.6314.48%16.24%18.47%2.8917.19
Electrosteel Castings4,716.7539.130.81.28%3.2%4.97%0.9812.76
STEELCAST LIMITED3,542.5139.078.9719.71%21.99%29.55%4.2826.76
MM Forgings2,536.7214.982.66.71%10.09%9.35%0.789.98

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

About HAPPYFORGE

ISIN
INE330T01021
Sector Market Cap
₹ 17,680.86 Cr

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.

HAPPYFORGE Financial Highlights

  • Revenue: HAPPYFORGE reported revenue of ₹1,577.15 crore in FY26 vs ₹1,446.34 crore in FY25. It showed an increase of 9.04% on a yearly basis.
  • Operating Profit: HAPPYFORGE reported an operating profit of ₹401.98 crore in FY26 vs ₹359.55 crore in FY25. It showed an increase of 11.80% on a year-on-year basis.
  • Net Profit: HAPPYFORGE reported a net profit of ₹301.63 crore in FY26 vs ₹267.44 crore in FY25. It showed an increase of 12.78% on a yearly basis.

HAPPYFORGE Quarterly Result Highlights

  • HAPPYFORGE reported revenue of ₹460.50 crore in Jun 2026, compared with ₹429.89 crore in Mar 2026, representing an increase of 7.12% on a quarter-on-quarter (QoQ) basis.
  • HAPPYFORGE reported an operating profit of ₹122.64 crore in Jun 2026, compared with ₹111.07 crore in Mar 2026, representing an increase of 10.42% on a quarter-on-quarter (QoQ) basis.
  • HAPPYFORGE reported a profit of ₹91.46 crore in Jun 2026, compared with ₹83.56 crore in Mar 2026, reflecting an increase of 9.45% on a QoQ basis.
  • The earnings per share (EPS) of HAPPYFORGE stood at ₹31.99 during Jun 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Know more
Promoters
78.44%
FII
2.37%
Other DII
1.56%
Retail and other
4.26%
Mutual funds
13.37%
Foreign Institutional Investor (FII)
FII shareholding by period
Dec 20251.84%
Mar 20261.73%
Jun 20261.88%
Sep 20262.37%
1 day
-0.38%

1 week
-2.94%

1 month
-13.45%

1 year
+98.17%

3 years
+81.02%

5 years
+81.02%
Day
Open / Close
Change %
16 Oct 26
₹1,870.00 / ₹1,860.00
-0.70%

15 Oct 26
₹1,920.00 / ₹1,873.20
-2.32%

14 Oct 26
₹1,950.00 / ₹1,917.70
-0.98%

13 Oct 26
₹1,966.30 / ₹1,936.60
-1.51%
Show more

HAPPYFORGE Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹1,546.34₹1,408.89₹1,358.24₹1,196.53
Other Income₹30.81₹37.45₹13.35₹5.74
Total Revenue₹1,577.15₹1,446.34₹1,371.59₹1,202.27
Total Expenses₹1,175.16₹1,086.79₹1,047.20₹922.25
Profit Before Tax₹401.98₹359.55₹324.39₹280.03
Tax₹100.35₹92.12₹81.40₹71.33
Profit After Tax₹301.63₹267.44₹242.98₹208.70
EPS - Basic₹31.99₹28.39₹26.78₹23.32
EPS - Diluted₹31.92₹28.37₹26.75₹23.32

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹401.98₹359.55₹324.39₹280.03
Income before WC changes₹478.98₹424.14₹396.50₹351.23
Change in Assets₹39.37-₹44.95-₹141.23-₹86.84
Change in Liabilities₹19.52-₹3.63₹18.03₹8.90
Change in WC₹58.89-₹48.58-₹123.19-₹77.94
Cash flow from Operations₹444.67₹292.33₹189.44₹209.46
Cash flow from Investing-₹496.83-₹320.20-₹469.73-₹172.45
Cash flow from Financing₹64.93₹40.17₹280.92-₹37.01
Total Cash Flow₹12.77₹12.30₹0.63-₹0.01
Cash (Start of the year)₹12.95₹0.64₹0.01₹0.02
Cash (End of the year)₹25.72₹12.95₹0.64₹0.01

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹1,561.71₹1,296.59₹1,144.20₹836.83
Current Assets₹1,071.10₹918.64₹741.75₹489.33
Total Assets₹2,632.81₹2,215.22₹1,885.95₹1,326.16
Current Liabilities₹455.69₹326.35₹241.84₹256.64
Net Current Asset₹615.41₹592.29₹499.91₹232.69
Non-Current Liabilities₹48.99₹39.33₹31.62₹81.22
Equity Capital₹2,128.13₹1,849.55₹1,612.49₹988.30
Total Equity & Liabilities₹2,632.81₹2,215.22₹1,885.95₹1,326.16

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹1,546.34₹1,408.89₹1,358.24₹1,196.53
Other Income₹30.81₹37.57₹13.36₹5.75
Total Revenue₹1,577.15₹1,446.46₹1,371.59₹1,202.28
Total Expenses₹1,175.16₹1,086.79₹1,047.20₹922.25
Profit Before Tax₹401.99₹359.67₹324.39₹280.03
Tax₹100.35₹92.10₹81.41₹71.33
Profit After Tax₹301.64₹267.57₹242.99₹208.70
EPS - Basic₹31.99₹28.40₹26.78₹23.32
EPS - Diluted₹31.92₹28.39₹26.75₹23.32

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹401.99₹359.67₹324.39₹280.03
Income before WC changes₹478.99₹423.48₹396.50₹351.23
Change in Assets₹39.37-₹44.27-₹141.23-₹86.84
Change in Liabilities₹19.54-₹3.62₹18.03₹8.90
Change in WC₹58.91-₹47.90-₹123.20-₹77.94
Cash flow from Operations₹444.70₹292.36₹189.43₹209.46
Cash flow from Investing-₹497.63-₹319.44-₹469.83-₹172.45
Cash flow from Financing₹65.63₹39.47₹280.92-₹37.01
Total Cash Flow₹12.70₹12.39₹0.52-₹0.01
Cash (Start of the year)₹12.93₹0.54₹0.01₹0.02
Cash (End of the year)₹25.63₹12.93₹0.54₹0.01

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹1,561.96₹1,296.04₹1,144.30₹836.83
Current Assets₹1,070.99₹918.60₹741.65₹489.33
Total Assets₹2,632.96₹2,214.64₹1,885.95₹1,326.16
Current Liabilities₹455.69₹325.63₹241.83₹256.64
Net Current Asset₹615.31₹592.97₹499.81₹232.69
Non-Current Liabilities₹48.99₹39.33₹31.62₹81.22
Equity Capital₹2,128.28₹1,849.69₹1,612.49₹988.30
Total Equity & Liabilities₹2,632.96₹2,214.64₹1,885.95₹1,326.16
* All values are in INR Crore
Qty
Bid
0
0
0
0
0
0
0
0
0
0
Ask
Qty
0
0
0
0
0
0
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Bid Total: 0
Ask Total: 0
Buy orders: 0%
Sell orders: 0%
Bearish
2
Neutral
3
Bullish
3
Slightly Bullish
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict

RSI (14)
33.3
Neutral

ATR (14)
83.56
Neutral

STOCH(9,6)
10.72
Bullish

STOCH RSI (14)
0
Bullish

ADX(9)
45.71
Bearish

UO(9)
32.73
Neutral

ROC(12)
-6.19
Bearish

WillR(14)
-91.31
Bullish
Period
Simple value
Exponential vaue

5D
1923.28
1918.25

10D
1949.79
1952.05

20D
2019.69
2005.3

50D
2108.44
1998.97

100D
1809.26
1852.72
Volume trend — traded volume by day
16 Oct0L
15 Oct1L
14 Oct0L
13 Oct1L
12 Oct0L
Average0L

Technical indicators used here are for indicative purposes only. Kindly do not treat it as an investment or trading advice

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