Market cap
₹131 Cr
Revenue (TTM)
₹95 Cr
P/E Ratio
18.5
P/B Ratio
2
Div. Yield
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) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-26 | Mar-25 | Mar-24 |
| EBIT-Margin
| 9.02 | 6.25 | 10.79 | 6.91 | 9.36 |
| Net Margin
| 5.30 | 3.27 | 7.35 | 2.84 | 5.70 |
| Return on equity
| 14.50 | 9.02 | 19.49 | 7.39 | 16.63 |
| Return on Capital
| 13.29 | 9.60 | 15.75 | 9.09 | 15.04 |
| Return on Assets
| 5.76 | 3.57 | 7.97 | 2.98 | 6.34 |
| Debt to Equity (x)
| -- | -- | 1.18 | 1.04 | 1.17 |
Profitability
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
|
--
|
--
|
--
|
--
|
--
|
Solvency
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
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
|
--
|
--
|
--
|
--
|
--
|
Valuation
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
|
--
|