Happy Steels Peer Comparison

NSE: HAPPY

₹92.00

₹7.75 (9.20%)

As on 28-Aug-2026IST

Market cap

₹131 Cr

Revenue (TTM)

₹95 Cr

P/E Ratio

18.5

P/B Ratio

2

Div. Yield

0 %

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	Happy Steels	Welspun	Shyam Metalics	Jindal Saw	Vedanta Iron And Steel
Market cap (₹ Cr)	131	62,630	30,695	19,722	15,086
Revenue (₹ Cr)	95	17,300	19,574	18,263	--
Net Profit (₹ Cr)	7.10	1,405.08	1,120.14	597.08	-0.04
Net Margin (%)	7.35	8.05	5.67	3.25	--
RoE (%)	19.49	26.62	9.97	5.30	--
Price to Earnings	18.51	27.12	27.33	30.18	--
Price-To-Book	2.02	6.54	2.58	1.56	26.19

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Happy Steels	Welspun	Shyam Metalics	Jindal Saw	Vedanta Iron And Steel
Operating Revenue	94.64	16,770.14	18,552.21	17,895.17	0.00
Total Income	96.57	16,938.83	18,755.82	18,039.85	0.00
Total Expenditure	81.30	14,567.94	16,219.17	15,733.43	0.03
EBITDA	13.34	2,202.20	2,333.04	2,161.73	-0.03
Depreciation	3.13	354.55	882.15	630.49	--
EBIT	10.22	1,847.65	1,450.89	1,531.24	-0.03
Interest	2.62	212.17	192.23	619.56	0.01
Other Income	1.93	168.69	203.61	144.69	--
Exceptional Items	--	--	--	--	--
Profit before Tax	9.52	2,146.51	1,462.37	1,075.71	-0.04
Provision for Tax	2.42	526.02	402.20	150.38	--
Profit after Tax	7.10	1,620.49	1,060.17	925.33	-0.04

Liabilities (₹ Cr)

	Happy Steels	Welspun	Shyam Metalics	Jindal Saw	Vedanta Iron And Steel
Shareholder's Funds	39.98	9,155.56	11,522.81	12,574.24	-0.07
Minority Interest	--	250.30	834.37	-291.53	--
Non-Current Liabilities	19.26	2,644.17	1,272.53	3,101.53	0.00
Current Liabilities	40.42	8,647.35	8,039.01	6,187.67	0.09
Total Liabilities	99.66	20,697.38	21,668.72	21,571.92	0.02

Assets (₹ Cr)

	Happy Steels	Welspun	Shyam Metalics	Jindal Saw	Vedanta Iron And Steel
Non-Current Assets	42.09	9,297.29	13,653.44	11,599.36	0.00
Current Assets	57.57	11,399.95	8,015.28	9,972.56	0.02
Total Assets	99.66	20,697.38	21,668.72	21,571.92	0.02
Total Debt*	47.18	2,162.54	981.32	4,040.05	0.06
Net Current Assets	17.16	2,752.60	-23.73	3,784.89	-0.08
Contingent Liabilities	0.19	268.01	723.38	3,314.98	--

Cashflow (₹ Cr)

	Happy Steels	Welspun	Shyam Metalics	Jindal Saw	Vedanta Iron And Steel
Cash From Operating Activities	5.81	3,204.28	2,023.56	1,771.39	-0.02
Cash Flow from Investing Activities	-16.19	-3,722.80	-1,939.26	-955.39	--
Cash from Financing Activities	10.34	875.09	-50.31	-1,073.28	0.02
Net Cash Inflow / Outflow	-0.04	356.57	33.99	-257.28	0.00

Ratios

Profitability Ratios

	Happy Steels	Welspun	Shyam Metalics	Jindal Saw	Vedanta Iron And Steel
ROCE (%)	15.75	23.94	13.88	10.38	0.00
ROE (%)	19.49	19.55	9.58	7.74	0.00
ROA (%)	7.97	8.94	5.36	4.38	-217.21
EBIT Margin (%)	16.14	14.14	13.67	12.89	--
Net Margin (%)	7.35	9.57	5.65	5.13	--
Cash Profit Margin (%)	10.81	11.75	10.47	8.69	--

Growth Ratios

	Happy Steels	Welspun	Shyam Metalics	Jindal Saw	Vedanta Iron And Steel
Revenue Growth (%)	15.22	19.98	22.39	-14.08	--
EBIT Growth (%)	79.88	27.61	21.01	-35.00	-28.21
Net Profit Growth (%)	203.27	-14.81	16.60	-36.54	-28.42
EPS Growth (%)	203.26	-15.93	17.83	-44.01	-28.42
Book Value Growth (%)	21.60	23.21	9.12	10.30	-97.60

Valuation Ratios

	Happy Steels	Welspun	Shyam Metalics	Jindal Saw	Vedanta Iron And Steel
Price / Earnings	0.00	13.30	20.02	12.04	0.00
Price / Book Value	0.00	2.35	1.86	0.93	0.00
Dividend Yield (%)	--	0.61	0.58	1.09	--
EV/EBITDA	3.71	8.71	8.79	6.60	-2.18
Market Cap (₹ Cr)	0.00	21,460.75	21,422.24	11,719.54	--

Solvency Ratios

	Happy Steels	Welspun	Shyam Metalics	Jindal Saw	Vedanta Iron And Steel
Debt to Equity	1.18	0.24	0.09	0.32	-0.84
Short term debt to equity ratio	0.70	0.06	0.07	0.20	-0.84
Current Ratio	1.42	1.32	1.00	1.61	0.19
Quick Ratio	0.46	0.78	0.44	0.76	0.19
Interest Coverage	4.63	11.12	8.61	2.74	-4.55

Operating Efficiency Ratios

	Happy Steels	Welspun	Shyam Metalics	Jindal Saw	Vedanta Iron And Steel
Debtors to sales (%)	13.48	10.25	4.88	17.29	--
Asset Turnover	1.06	0.93	0.94	0.85	0.00
Receivable days	55.53	37.88	16.69	67.89	--
Inventory Days	137.42	96.29	73.65	103.90	--
Payable days	44.90	68.58	106.37	61.16	--
Cash Conversion Cycle	148.05	65.59	-16.02	110.63	--

Annual
Quarterly