Happy Forgings Ltd
NSE: HAPPYFORGE | BSE: 544057
₹1,383.80
As on 14-May-2026IST
Market cap
₹13,001 Cr
Revenue (TTM)
₹1,474 Cr
P/E Ratio
45.5
P/B Ratio
6.4
Div. Yield
0.2 %
Quality Score
8/10
Growth Score
7/10
Valuation Score
4/10
Momentum Score
10/10
Stock Range
Today’s Range
52 Week Range
Liquidity
Fundamentals
-
Net Profit (TTM)
₹286 Cr
-
ROE
15.5 %
-
ROCE
19.2 %
-
Industry P/E
27.29
-
EV/EBITDA
27.6
-
Debt to Equity
0.1
-
Book Value
₹216
-
EPS
₹30.3
-
Face value
2
-
Shares outstanding
94,350,461
10 Years Aggregate
CFO
₹1,185.68 Cr
EBITDA
₹2,177.27 Cr
Net Profit
₹1,227.91 Cr
Performance
|
Company
|
YTD
|
1 Month
|
3 Months
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|---|---|---|---|---|---|---|---|
|
Happy Forgings
| 20.4 | 6.7 | 6.5 | 68.4 | -- | -- | -- |
|
BSE Metal
| 22.1 | 8.9 | 13.1 | 48.4 | 31.0 | 17.8 | 19.4 |
|
Company
|
2025
|
2024
|
|---|---|---|
|
Happy Forgings
| 14.9 | -3.0 |
|
BSE Small Cap
| -6.6 | 29.0 |
|
BSE Metal
| 27.4 | 7.0 |
Essential Checks
View DetailsIs 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?
Financials
View DetailsKey Ratios
View Details
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
Peers
View DetailsCompany |
Price (₹) | Market Cap (₹ Cr) | Revenue (TTM) | Net Profit (TTM) | OPM (%) | ROE (%) | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
|
Happy Forgings
|
1,383.8 | 13,001.5 | 1,474.5 | 285.7 | 24.1 | 15 | 45.5 | 6.4 |
| 1,618.5 | 1,869.1 | 121.3 | 35.6 | -- | 43.2 | 52.6 | 7.9 | |
| 492.5 | 5,937.3 | 1,113.5 | 255.8 | 27.6 | 22.2 | 23.2 | 3.7 | |
| 198.0 | 459.8 | 92.2 | 8.2 | -- | 25.5 | 57.1 | 8.8 | |
| 626.9 | 625.3 | 179.8 | 9.9 | 10.9 | 10.9 | 63.2 | 6.3 | |
| 660.5 | 474.2 | 139.2 | 14.3 | -- | 24.8 | 33.3 | 7.3 | |
| 1,165.7 | 493.3 | 194.3 | 20.6 | 13.6 | 15.4 | 23.9 | 3.5 | |
| 270.3 | 509.3 | 320.5 | 21.3 | -- | 16.3 | 23.9 | 3.6 | |
| 145.5 | 1,271.1 | 1,290.0 | 46.7 | 6.4 | 8.4 | 27.2 | 2.2 | |
| 567.6 | 874.3 | 344.9 | 8.1 | 8.2 | 8.1 | 108.1 | 7.9 |
Shareholding Pattern
View DetailsNews & Analysis
All News
4 min read•By Shubham Dilawari
About Happy Forgings
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
Looking for more details about Happy Forgings Ltd’s IPO? Explore our IPO Details page.
Quarterly Updates
Annual Reports
FAQs for Happy Forgings
What is the current share price of Happy Forgings Ltd Today?
The share price of Happy Forgings Ltd is ₹1,383.80 (NSE) and ₹1,378.00 (BSE) as of 14-May-2026 IST. Happy Forgings Ltd has given a return of 68.39% in the last 1 years.
What is the current PB & PE ratio of Happy Forgings Ltd?
The P/E ratio of Happy Forgings Ltd is 45.51 times as on 14-May-2026, a 67 premium to its peers’ median range of 27.29 times.
The P/B ratio of Happy Forgings Ltd is 6.38 times as on 14-May-2026, a 65 premium to its peers’ median range of 3.86 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
|
What is the 52 Week High and Low of Happy Forgings Ltd?
The 52-week high and low of Happy Forgings Ltd are Rs 1,470.00 and Rs 802.00 as of 14-May-2026.
What is the market cap of Happy Forgings Ltd?
Happy Forgings Ltd has a market capitalisation of ₹ 13,001 Cr as on 14-May-2026. As per SEBI classification, it is a Small Cap company.
Should I invest in Happy Forgings Ltd?
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.