Happy Forging Limited (IN:HAPPYFORGE)
:HAPPYFORGE
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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 - ₹1,489.80
Previous CloseN/A
Volume15.60K
Average Volume (3M)1.78K
Market Cap
₹127.47B
Enterprise Value₹133.67B
Total Cash (Recent Filing)₹1.85B
Total Debt (Recent Filing)₹1.93B
Price to Earnings (P/E)42.2
Beta0.99
Next Earnings
Aug 07, 2026EPS Estimate
7.7Next Dividend Ex-DateN/A
Dividend Yield0.28%
Share Statistics
EPS (TTM)28.79
Shares Outstanding94,350,464
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)₹18.56B
Bulls Say, Bears Say
Bulls Say
Revenue Scaling & ProfitabilitySustained multi-year revenue growth combined with consistently healthy operating and net margins indicates durable demand, improving unit economics and room for scale-driven operating leverage. This strengthens long-term cash generation potential and reduces execution risk across business cycles.
Conservative Balance SheetLow-to-moderate leverage and a growing equity base provide financial flexibility for capex, cyclical downturns, or selective M&A without forcing distress financing. That conservative capital structure preserves strategic optionality and lowers refinancing and solvency risk over the medium term.
Improved Operating Cash GenerationAlignment of operating cash flow with reported earnings supports earnings quality and indicates core operations convert to cash. Reliable operating cash enables organic reinvestment and reduces dependence on external funding for working capital and growth, aiding long-term resilience.
Bears Say
Volatile Free Cash Flow ConversionInconsistent FCF over multiple years limits the firm’s ability to fund dividends, buybacks, or meaningful debt reduction without issuing equity or taking on leverage. Persistent volatility suggests heavy reinvestment cycles or working-capital swings that constrain shareholder-return optionality and planning.
Margin Compression In 2026Falling margins despite revenue growth indicate rising input costs, adverse mix, or pressure on pricing power. If structural, this erodes return on capital and limits the benefits of higher sales, requiring sustained efficiency gains or pricing actions to restore long-term profitability.
ROE Decline As Equity Outpaces EarningsA falling ROE driven by faster equity growth than earnings suggests capital is not yet generating proportional returns. Over the medium term this can temper shareholder returns and signals potential overinvestment or slower capital efficiency that management must address to sustain long-term value creation.
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 ₹1489.80 in the past 12 months.
What is Happy Forging Limited’s market cap?
Happy Forging Limited’s market cap is ₹127.47B.
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 56 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 7.7.
How many shares outstanding does Happy Forging Limited have?
Happy Forging Limited has 94,350,464 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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