Happy Steels Key Ratios

NSE: HAPPY

₹92.00

up-down-arrow7.75 (9.20%)

As on 28-Aug-2026IST

Market cap

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₹131 Cr

Revenue (TTM)

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₹95 Cr

P/E Ratio

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18.5

P/B Ratio

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2

Div. Yield

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0 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue -- -- 15.22 0.24 4.13
EBIT -- -- 79.90 51.72 31.56
Net Profit -- -- 203.27 159.98 209.36
EPS -- -- 203.27 159.98 209.30
Book Value -- -- 21.60 15.65 9.38
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsMar-26Mar-25Mar-24
EBIT-Margin info 9.026.2510.796.919.36
Net Margin info 5.303.277.352.845.70
Return on equity info 14.509.0219.497.3916.63
Return on Capital info 13.299.6015.759.0915.04
Return on Assets info 5.763.577.972.986.34
Debt to Equity (x) info ----1.181.041.17
ROCE

15.75

Higher than Peers by 3.05

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
15.75
9.09
15.04
5.63
2.49
Peer Median
12.70
14.07
--
18.66
--
ROE

19.49

Higher than Peers by 9.91

Profit after tax / Average Net worth * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
19.49
7.39
16.63
1.58
0.02
Peer Median
9.58
12.37
--
15.59
--
ROA

7.97

Higher than Peers by 2.60

Profit after tax / Average Total assets * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
7.97
2.98
6.34
0.57
0.01
Peer Median
5.36
7.53
--
7.33
--
EBIT Margin

10.79

Higher than Peers by 1.96

Operating profit (EBIT) / Net Sales * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
10.79
6.91
9.36
3.11
1.08
Peer Median
8.84
8.78
--
8.89
--
Net Margin

7.35

Higher than Peers by 1.17

Net profit / Total Income (Net sales plus other income) * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
7.35
2.84
5.70
0.43
0.01
Peer Median
6.18
6.53
--
7.37
--
Cash Profit Margin

10.81

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
10.81
5.81
8.48
2.77
2.07
Peer Median
--
--
--
--
--
Revenue Growth

15.22

Higher than Peers by 3.00

Year on year growth in net sales

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
15.22
1.52
-13.89
6.42
14.22
Peer Median
12.22
3.51
--
23.86
--
EBIT Growth

79.90

Higher than Peers by 47.71

Year on year growth in operating profit (EBIT)

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
79.90
-25.05
158.98
206.03
-63.13
Peer Median
32.20
2.75
--
-1.92
--
Net Profit Growth

203.27

Higher than Peers by 173.37

Year on year growth in profit after tax

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
203.27
-50.06
1,060.14
6,356.77
-75.03
Peer Median
29.90
-1.04
--
-0.03
--
EPS Growth

203.26

Higher than Peers by 168.04

Year on year growth in earnings per share

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
203.26
-50.06
1,060.14
6,317.16
-74.87
Peer Median
35.22
-1.70
--
--
--
Book Value Growth

21.60

--

Year on year growth in book value per share

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
21.60
7.67
18.14
1.59
-0.36
Peer Median
--
--
--
--
--
Debt to Equity

1.18

Higher than Peers by 0.87

Total debt / Net worth

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
1.18
1.04
1.17
1.02
1.36
Peer Median
0.31
0.35
--
0.43
--
Short term debt to equity ratio

0.70

--

(Short term borrowings / Net worth)

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
0.70
0.67
0.73
0.57
0.87
Peer Median
--
--
--
--
--
Current Ratio

1.42

Lower than Peers by 0.06

Current Assets / Current Liabilities and Provisions

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
1.42
1.55
1.55
1.46
1.39
Peer Median
1.49
1.48
--
1.67
--
Quick Ratio

0.46

Lower than Peers by 0.30

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
0.46
0.54
0.70
0.80
0.69
Peer Median
0.76
0.73
--
0.93
--
Interest Coverage

4.63

Higher than Peers by 1.04

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
4.63
2.12
3.50
1.20
1.02
Peer Median
3.59
4.94
--
7.61
--

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

13.48

Higher than Peers by 2.56

Debtors outstanding / Net Sales * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
13.48
19.52
27.33
24.82
23.26
Peer Median
10.92
11.58
--
14.63
--
Asset Turnover

1.06

Lower than Peers by 0.01

Sales / Average Total Assets

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
1.06
1.05
1.09
1.33
1.28
Peer Median
1.08
1.13
--
1.23
--
Receivable days

55.53

--

Average Debtors / Sales * 365

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
55.53
84.75
102.48
85.19
87.19
Peer Median
--
--
--
--
--
Inventory Days

137.42

--

Average Inventory / Sales * 365

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
137.42
136.40
112.76
87.16
88.07
Peer Median
--
--
--
--
--
Payable days

44.90

--

Average Creditors / Cost of goods sold * 365

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
44.90
47.83
82.29
57.04
34.16
Peer Median
--
--
--
--
--
Cash Conversion Cycle

148.05

--

Receivable Days + Inventory Days - Payable Days

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
148.05
173.32
132.95
115.31
141.11
Peer Median
--
--
--
--
--
Price / Earnings

--

--

Current share price divided by earning per share in the last twelve months

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
--
--
--
--
--
Peer Median
27.12
25.84
--
16.71
--
Price / Book Value

--

--

Current share price divided by book value per share in the latest financial year

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
--
--
--
--
--
Peer Median
2.58
2.59
--
1.39
--
EV/EBITDA

3.71

Lower than Peers by 16.11

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
3.71
4.15
3.34
5.15
10.68
Peer Median
19.82
16.36
--
9.63
--
Market Cap

--

--

Current Share price multiplied by latest total number of shares outstanding

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Happy Steels
--
--
--
--
--
Peer Median
3,874
3,320
--
1,595
--
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