Happy Forgings Limited
₹1,869.00▼ -4.20 (-0.22%)
HAPPYFORGE·NSE·Capital Goods
Market Cap
17583.63 Cr
PE Ratio
72.53
Volume
34,964
Day High - Low
1898.90 - 1844.90
52W High-Low
2470.00 - 910.00
₹1,869.00▼ -4.20 (-0.22%)
Market Cap17583.63 Cr
PE Ratio72.53
Volume34,964
Day High - Low1898.90 - 1844.90
52W High-Low2470.00 - 910.00
Happy Forgings Limited (HAPPYFORGE): company summary
The company's business is improving, with annual revenue rising 9.7% and net profit growing 13.0% year-over-year.
Happy Forgings Limited (HAPPYFORGE) is a small-cap Capital Goods company valued at ₹17,584 crore operating in Castings & Forgings on the NSE and BSE.
- Recent price move
- Happy Forgings Limited last traded at ₹1,869, modestly down 0.22% on the day.
- Recent developments
- On 2026-07-20, the company announced a dividend of ₹4.00 per share, effective from the ex-date. Domestic institutional holdings fell by 0.94 percentage points in the quarter, while foreign institutional holdings increased by 0.15 percentage points.
- Financial performance
- The company's business is improving, with annual revenue rising 9.7% and net profit growing 13.0% year-over-year. The latest quarter saw revenue and net profit surge 27.0% and 38.6% respectively compared to the same quarter a year earlier, driven by stronger performance in both revenue and profitability.
- Valuation multiples
- The stock trades at 72.5 times earnings, 9.92 times book value. It yields 0.2%.
- Things to watch
- The company's return on equity is 0.0%, indicating no return to shareholders from retained earnings. The stock is 18.9% below its 52-week high, and domestic institutional investors have reduced their holdings in the quarter.
- Where it stands
- Happy Forgings Limited has shown strong growth in both revenue and net profit, with the latest quarter reflecting a significant increase compared to the same period last year. The company's net profit margin has also improved, but its return on equity remains at 0.0%. The stock is currently trading 18.9% below its 52-week high.
Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
DocStoX Score
6.1/10
Fair
Fair Value
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ROE
0.00%
Weak
P/E
72.53x
Expensive
Debt / Equity
0.15
Low
Industry
Capital Goods
Castings & Forgings
Overall View
Mixed
Price performance
Day₹1845
₹1899
52W₹910.00
₹2470
DocStoX take
Supported by risk (9.2) and growth (8.4), but held back by valuation (0.0). Risk looks strong at 9.2, but that is offset by valuation at 0.0. We are calling it Mixed rather than resolving the conflict for you.
DocStoX score
Low confidence6.1
/10
Fair
Quality
Solid
ROE 0.0%
Valuation
Expensive
P/E 72.5×
Growth
Strong
Revenue +21.5% 5Y CAGR
Risk
Low risk
D/E 0.15
Momentum
Firm
61% of 52-week range
At a glance
Market Cap
₹17,584 Cr
52W High / Low
₹2470 / ₹910
Dividend Yield
0.18%
Promoter Holding
78.44%
EPS (TTM)
₹25.77
Book Value
₹225.56
Key highlights
- Low leverage — D/E 0.15
- Profit compounding 29% a year
- Profitable in all of the last 5 years
- Valuation is weak (0.0/10)
- Expensive at 73× earnings
4 Positives2 Watchouts
Growth
Financials
Technicals
Peers
News
Forecasts
About the company
More data
Filings, corporate actions and ownership detail — opened on demand.
More Capital Goods stocks · Castings & Forgings
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Fair ValueOur fair-value estimate, upside, and Bear/Base/Bull scenarios.Intrinsic ValueGraham & earnings-power intrinsic value with margin of safety.DCFDiscounted cash flow — free cash flow, growth, value per share.ValuationP/E, P/B, earnings yield and the full multiples picture.Financial RatiosProfitability, leverage and efficiency ratios at a glance.PeersHow it stacks up against its closest listed competitors.
Happy Forgings Limited peers in Capital Goods
Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.
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