₹38.30
(Market cap
₹12,558 Cr
Recently Viewed
Clear AllMarket cap
₹12,558 Cr
Revenue (TTM)
₹1,474 Cr
P/E Ratio
44
P/B Ratio
6.2
Div. Yield
0.2 %
Quality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Momentum Score
0/0
Today’s Range
52 Week Range
Liquidity
Net Profit (TTM)
₹286 Cr
ROE
15.5 %
ROCE
19.2 %
Industry P/E
25.48
EV/EBITDA
26.7
Debt to Equity
0.1
Book Value
₹216
EPS
₹30.3
Face value
2
Shares outstanding
94,350,461
CFO
₹1,185.68 Cr
EBITDA
₹2,177.27 Cr
Net Profit
₹1,227.91 Cr
|
Company
|
YTD
|
1 Month
|
3 Months
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|---|---|---|---|---|---|---|---|
|
Happy Forgings
| 15.8 | 5.1 | 29.4 | 66.4 | -- | -- | -- |
|
BSE Metal
| 17.1 | 12.6 | 12.6 | 45.1 | 28.9 | 21.7 | 18.1 |
|
Company
|
2025
|
2024
|
|---|---|---|
|
Happy Forgings
| 14.9 | -3.0 |
|
BSE Small Cap
| -6.6 | 29.0 |
|
BSE Metal
| 27.4 | 7.0 |
Is there a threat to the company's solvency?
Can creative accounting be detected through the financial numbers?
How did the company perform in the last one year?
5Y Avg -- 3Y Avg -- TTM --
P/E Ratio
--
--Min --Median --Max
P/B Ratio
--
--Min --Median --Max
Earnings Yield (%)
--
Earnings Yield (%) = EBIT / Enterprise value
PEG Ratio
--
Price = Price / Earnings to growth ratio
Company |
Price (₹) | Market Cap (₹ Cr) | Revenue (TTM) | Net Profit (TTM) | OPM (%) | ROE (%) | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
|
Happy Forgings
|
1,330.5 | 12,557.6 | 1,474.5 | 285.7 | 24.1 | 15 | 44 | 6.2 |
| 1,559.7 | 1,801.2 | 121.3 | 35.6 | -- | 43.2 | 50.7 | 7.6 | |
| 478.6 | 5,809.8 | 1,113.5 | 255.8 | 27.6 | 22.2 | 22.7 | 3.7 | |
| 195.0 | 452.8 | 92.2 | 8.2 | -- | 25.5 | 56.3 | 8.7 | |
| 635.5 | 630.3 | 179.8 | 9.9 | 10.9 | 10.9 | 63.8 | 6.4 | |
| 669.1 | 480.5 | 139.2 | 14.3 | -- | 24.8 | 33.7 | 7.4 | |
| 1,148.6 | 486.1 | 194.3 | 20.6 | 13.6 | 15.4 | 23.6 | 3.4 | |
| 257.1 | 484.4 | 320.5 | 21.3 | -- | 16.3 | 22.7 | 3.4 | |
| 136.6 | 1,187.6 | 1,290.0 | 46.7 | 6.4 | 8.4 | 25.4 | 2.0 | |
| 530.6 | 820.4 | 344.9 | 8.1 | 8.2 | 8.1 | 101.5 | 7.4 |
4 min read•By Shubham Dilawari
Happy Forgings Limited engages in the manufacture of forgings and related components in India. It offers heavy forged and machined products, including bicycle pedals, brake flanges, bushes, bull gears, camshafts, crankshafts, connecting rods, crown... wheels, differential cases, front axle beams, steering knuckles, differential cases, semi-machined transmission parts, planetary carriers, pinion shafts, piston pins, ring gears, suspension brackets, and valve bodies. The company serves the manufacturers of heavy commercial vehicles, farm equipment, and off highway and industrial equipment, as well as machinery for oil and gas, aerospace, defense, power generation, railways, and wind turbine industries. It also exports its products to Brazil, Italy, Japan, Spain, Sweden, Thailand, Turkey, the United Kingdom, and the United States. The company was incorporated in 1979 and is based in Ludhiana, India. Read more
Incorporated
1979
Chairman
Paritosh Kumar
Managing Director
Paritosh Kumar
Headquarters
Ludhiana, Punjab
Website
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Annual Reports
The share price of Happy Forgings Ltd is ₹1,330.50 (NSE) and ₹1,330.95 (BSE) as of 22-Apr-2026 IST. Happy Forgings Ltd has given a return of 66.42% in the last 1 years.
The P/E ratio of Happy Forgings Ltd is 43.95 times as on 22-Apr-2026, a 72 premium to its peers’ median range of 25.48 times.
The P/B ratio of Happy Forgings Ltd is 6.16 times as on 22-Apr-2026, a 70 premium to its peers’ median range of 3.63 times.
PE & PB ratio at the end of financial year.
| Year | P/E Ratio | P/B Ratio |
|---|---|---|
|
2025
|
27.69
|
4.02
|
|
2024
|
34.43
|
5.21
|
|
2023
|
0.00
|
0.00
|
|
2022
|
0.00
|
0.00
|
|
2021
|
0.00
|
0.00
|
The 52-week high and low of Happy Forgings Ltd are Rs 1,398.00 and Rs 753.45 as of 22-Apr-2026.
Happy Forgings Ltd has a market capitalisation of ₹ 12,558 Cr as on 22-Apr-2026. As per SEBI classification, it is a Small Cap company.
Before investing in Happy Forgings Ltd, assess your goals, risk tolerance, and if the company aligns with your long-term plan. Carefully review its business model, financials, and valuation. Avoid making decisions based on tips or short-term trends.
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