Happy Steels Financials

NSE: HAPPY

₹89.65

₹3.00 (3.46%)

As on 04-Sep-2026 15:50IST

Market cap

₹128 Cr

Revenue (TTM)

₹95 Cr

P/E Ratio

18

P/B Ratio

2

Div. Yield

0 %

Annual
Quarterly

Income Statement (₹ Cr)	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Operating Revenue	94.64	82.14	80.91	93.96	88.30	77.31
Total Income	96.57	82.52	82.24	94.20	88.86	77.46
Total Expenditure	81.30	74.03	71.16	88.84	85.52	72.80
EBITDA	13.34	8.11	9.75	5.12	2.78	4.51
Depreciation	3.13	2.43	2.17	2.20	1.83	1.92
EBIT	10.22	5.68	7.58	2.93	0.96	2.59
Interest	2.62	2.86	2.54	2.63	1.36	1.34
Other Income	1.93	0.38	1.33	0.24	0.57	0.15
Exceptional Items	--	--	--	--	-0.13	-1.33
Profit before Tax	9.52	3.20	6.36	0.53	0.03	0.07
Provision for Tax	2.42	0.86	1.67	0.12	0.03	0.05
Profit after Tax	7.10	2.34	4.69	0.40	0.01	0.03

Liabilities (₹ Cr)	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Shareholder's Funds	39.98	32.88	30.54	25.85	25.45	25.54
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	19.26	13.67	13.87	12.01	12.61	10.21
Current Liabilities	40.42	32.07	33.96	31.67	34.09	30.12
Total Liabilities	99.66	78.62	78.37	69.53	72.15	65.87

Assets (₹ Cr)	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Non-Current Assets	42.09	29.06	25.66	23.36	24.86	20.86
Current Assets	57.57	49.56	52.71	46.17	47.29	45.01
Total Assets	99.66	78.62	78.37	69.53	72.15	65.87
Total Debt*	47.18	34.21	35.69	26.38	34.57	26.04
Net Current Assets	17.16	17.50	18.75	14.50	13.19	14.89
Contingent Liabilities	0.19	0.19	0.19	0.19	--	--

Cashflow (₹ Cr)	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Cash From Operating Activities	5.81	10.18	-3.67	0.33	-1.31	--
Cash Flow from Investing Activities	-16.19	-5.64	-3.18	-3.01	-5.93	--
Cash from Financing Activities	10.34	-4.34	6.77	2.75	7.42	--
Net Cash Inflow / Outflow	-0.04	0.20	-0.08	0.06	0.18	--

Financials Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Adjusted EPS (₹)	6.77	2.23	4.47	0.39	0.01	0.02
Cash EPS (₹)	9.75	4.54	6.54	2.48	1.74	1.85
Adjusted Book Value (₹)	38.09	31.32	29.09	24.62	24.24	24.32
Dividend per Share (₹)	--	--	--	--	--	--
Cash Flow per Share (₹)	5.53	67.85	-24.44	2.17	-8.71	--
Free Cash Flow per Share (₹)	-9.61	4.17	-67.31	-38.46	-48.68	0.17

Profitability Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
ROCE (%)	15.75	9.09	15.04	5.63	2.49	2.92
ROE (%)	19.49	7.39	16.63	1.58	0.02	0.10
ROA (%)	7.97	2.98	6.34	0.57	0.01	0.04
EBIT Margin (%)	10.79	6.91	9.36	3.11	1.08	3.35
Net Margin (%)	7.35	2.84	5.70	0.43	0.01	0.03
Cash Profit Margin (%)	10.81	5.81	8.48	2.77	2.07	2.51

Growth Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Revenue Growth (%)	15.22	1.52	-13.89	6.42	14.22	13.74
EBIT Growth (%)	79.90	-25.05	158.98	206.03	-63.13	5.26
Net Profit Growth (%)	203.27	-50.06	1,060.14	6,356.77	-75.03	-96.97
EPS Growth (%)	203.26	-50.06	1,060.14	6,317.16	-74.87	-96.97
Book Value Growth (%)	21.60	7.67	18.14	1.59	-0.36	-0.56

Valuation Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Price / Earnings	--	--	--	--	--	--
Price / Book Value	--	--	--	--	--	--
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	3.71	4.15	3.34	5.15	10.68	5.88
Close Price (₹)	--	--	--	--	--	--
High Price (₹)	--	--	--	--	--	--
Low Price (₹)	--	--	--	--	--	--
Market Cap (₹ Cr)	--	--	--	--	--	--

Solvency Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Debt to Equity	1.18	1.04	1.17	1.02	1.36	1.02
Short term debt to equity ratio	0.70	0.67	0.73	0.57	0.87	0.67
Current Ratio	1.42	1.55	1.55	1.46	1.39	1.49
Quick Ratio	0.46	0.54	0.70	0.80	0.69	0.88
Interest Coverage	4.63	2.12	3.50	1.20	1.02	1.06

Operating Efficiency Ratios	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22	Mar-21	Mar-20	Mar-19	Mar-18	Mar-17	Mar-16
Debtors to sales (%)	13.48	19.52	27.33	24.82	23.26	28.00
Asset Turnover	1.06	1.05	1.09	1.33	1.28	1.31
Receivable days	55.53	84.75	102.48	85.19	87.19	91.30
Inventory Days	137.42	136.40	112.76	87.16	88.07	71.59
Payable days	44.90	47.83	82.29	57.04	34.16	26.36
Cash Conversion Cycle	148.05	173.32	132.95	115.31	141.11	136.53