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Happy Forging Limited (HAPPYFORGE) Price & Analysis

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HAPPYFORGE Stock Chart & Stats

₹1386.00

-₹7.55(-0.75%)

At close: Jan 09 4:00 PM EST

₹1386.00

-₹7.55(-0.75%)

Day’s Range― - ―

52-Week Range₹870.00 - ₹1,638.00

Previous CloseN/A

Volume15.60K

Average Volume (3M)1.78K

Market Cap

₹150.23B

Enterprise Value₹108.54K

Total Cash (Recent Filing)₹2.90B

Total Debt (Recent Filing)₹3.30B

Price to Earnings (P/E)49.7

Beta1.00

Next Earnings

Aug 04, 2026

EPS Estimate

8.9

Next Dividend Ex-DateN/A

Dividend Yield0.25%

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

Revenue Growth & ProfitabilitySustained multi-year revenue scaling together with consistently healthy operating and net margins indicates durable demand and effective cost controls. This combination supports predictable earnings power and the capacity to fund growth investments and working capital over the next several quarters.

Conservative Balance SheetLow-to-moderate leverage and an expanding equity base provide financial flexibility to withstand industry cycles and fund capital expenditures without pressing liquidity needs. Manageable debt levels reduce refinancing risk and preserve capacity for strategic investments or opportunistic M&A.

Improved Operating Cash GenerationAlignment of operating cash flow with reported earnings boosts profit quality and suggests core operations convert to cash more reliably. That strengthens internal funding for capex and working capital, lowering dependence on external financing across the medium term.

Bears Say

Volatile Free Cash FlowWide swings in free cash flow imply inconsistent cash available for dividends, buybacks or debt paydown. Persistent volatility signals heavy or lumpy reinvestment needs and makes long-term capital returns and balance sheet repair less predictable for investors and management alike.

Margin Compression In 2026Margin deterioration despite higher sales points to structural cost pressures or adverse mix shifts. If sustained, compressed margins will erode cash generation and return metrics, forcing either pricing adjustments or greater focus on efficiency to preserve long-term profitability.

ROE Pressure & Rising DebtROE decline from equity growth indicates dilution of capital efficiency; coupled with a 2026 increase in debt, this may raise financing costs and constrain ROE recovery. Persistent equity dilution or incremental leverage can limit shareholder returns over the medium term.

Happy Forging Limited News

Happy Forgings Publishes Notices for Virtual AGM and Email Update Facilities

Happy Forging Limited ( ($IN:HAPPYFORGE) ) has shared an announcement. Happy Forgings Limited has notified the stock exchanges...

1M ago

Happy Forgings Sets AGM Date and Record Date for Final Dividend

Happy Forging Limited ( ($IN:HAPPYFORGE) ) has provided an update. Happy Forgings Limited has scheduled its 47th Annual...

2M ago

Happy Forgings Limited to Attend Investor Conference in Mumbai

Happy Forging Limited ( ($IN:HAPPYFORGE) ) has issued an announcement. Happy Forgings Limited has announced its participation in...

7M ago

Happy Forgings Limited Allots Shares to Employees

Happy Forging Limited ( ($IN:HAPPYFORGE) ) has provided an announcement. Happy Forgings Limited has announced the allotment of...

8M ago

Happy Forgings Corrects Financial Results Intimation

Happy Forging Limited ( ($IN:HAPPYFORGE) ) just unveiled an announcement. Happy Forgings Limited issued a corrigendum to correct...

9M ago

Happy Forgings Limited to Participate in Mumbai Investor Roadshow

Happy Forging Limited ( ($IN:HAPPYFORGE) ) just unveiled an update. Happy Forgings Limited has announced its participation in...

11M ago

Happy Forgings Limited Launches ‘Saksham Niveshak’ Campaign

Happy Forging Limited ( ($IN:HAPPYFORGE) ) just unveiled an update. Happy Forgings Limited has announced the launch of...

11M ago

Happy Forgings Limited Releases Q1 FY2026 Monitoring Agency Report

Happy Forging Limited ( ($IN:HAPPYFORGE) ) has shared an update. Happy Forgings Limited has released the Monitoring Agency...

12M ago

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 ₹1638.00 in the past 12 months.

What is Happy Forging Limited’s market cap?

Happy Forging Limited’s market cap is ₹150.23B.

When is Happy Forging Limited’s upcoming earnings report date?

Happy Forging Limited’s upcoming earnings report date is Aug 04, 2026 which is in 11 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. Get more investment ideas with TipRanks Premium

Does Happy Forging Limited pay dividends?

Happy Forging Limited pays a Notavailable dividend of ₹4 which represents an annual dividend yield of 0.25%. 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.