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HAPPYFORGE Stock Chart & Stats
₹1386.00
-₹7.55(-0.75%)
At close: 4:00 PM EST
₹1386.00
-₹7.55(-0.75%)
Day’s Range― - ―
52-Week Range₹870.00 - ₹1,598.90
Previous CloseN/A
Volume15.60K
Average Volume (3M)1.78K
Market Cap
₹149.18B
Enterprise Value₹137.80B
Total Cash (Recent Filing)₹2.90B
Total Debt (Recent Filing)₹3.30B
Price to Earnings (P/E)49.8
Beta0.99
Next Earnings
Aug 07, 2026EPS Estimate
8.9Next Dividend Ex-DateN/A
Dividend Yield0.28%
Share Statistics
EPS (TTM)31.99
Shares Outstanding94,378,730
10 Day Avg. Volume1,850
30 Day Avg. Volume1,780
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)39.2
Revenue Forecast (FY)₹18.61B
Bulls Say, Bears Say
Bulls Say
Sustained Revenue ScalingMulti-year top-line expansion indicates durable demand and successful scaling of operations. Sustained revenue growth provides capacity to invest in capacity, R&D, or new products, supports operational leverage, and reduces execution risk over the next several quarters.
Robust ProfitabilityConsistently healthy operating and net margins imply structural cost efficiencies or pricing power in metal fabrication. Strong margins underpin cash generation potential and make earnings less dependent on volume spikes, supporting long-term reinvestment and resilience to cyclical swings.
Conservative Capital StructureLow-to-moderate leverage and an expanded equity base provide financial flexibility to fund capex, weather demand downturns, or pursue strategic M&A. A conservative balance sheet reduces refinancing risk and supports durable investment capacity over the medium term.
Bears Say
Volatile Free Cash Flow ConversionInconsistent free cash flow limits the company's ability to consistently return capital, pay down debt, or self-fund growth. Volatility suggests heavier reinvestment needs or working-capital swings, which raise execution and financing risk across planning horizons.
2026 Margin CompressionMargin deterioration despite revenue growth suggests structural cost or product-mix pressures that erode operating leverage. If persistent, this will reduce profit resilience and require either price increases or efficiency programs to restore prior profitability levels.
Declining ROE And Slightly Higher LeverageA falling ROE indicates weakening capital efficiency as equity expands faster than profits. Combined with the 2026 debt uptick, this may pressure returns on invested capital and complicate capital-allocation choices in the medium term.
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 ₹870.00 and its highest was ₹1598.90 in the past 12 months.
What is Happy Forging Limited’s market cap?
Happy Forging Limited’s market cap is ₹149.18B.
When is Happy Forging Limited’s upcoming earnings report date?
Happy Forging Limited’s upcoming earnings report date is Aug 07, 2026 which is in 23 days.
How were Happy Forging Limited’s earnings last quarter?
Happy Forging Limited released its earnings results on May 21, 2026. The company reported ₹8.9 earnings per share for the quarter, beating the consensus estimate of ₹8.2 by ₹0.7.
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 Notavailable dividend of ₹4 which represents an annual dividend yield of 0.28%. See more information on Happy Forging Limited dividends here
What is Happy Forging Limited’s EPS estimate?
Happy Forging Limited’s EPS estimate is 8.9.
How many shares outstanding does Happy Forging Limited have?
Happy Forging Limited has 94,378,730 shares outstanding.
What happened to Happy Forging Limited’s price movement after its last earnings report?
Happy Forging Limited reported an EPS of ₹8.9 in its last earnings report, beating expectations of ₹8.2. Following the earnings report the stock price went up 5.125%.
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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