Happy Forgings Ltd Stock Price Today (NSE: HAPPYFORGE)

Happy Forgings Ltd

1431.20+94.50 (+7.07%)
Market Closed

Fundamental Score

...

Happy Forgings Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Happy Forgings Ltd share price today is 1431.20, up +7.07% on NSE/BSE as of 17 June 2026. Happy Forgings Ltd (HAPPYFORGE) is a Mid-cap company in the Castings & Forgings sector with a market capitalisation of 9.93K (Cr). The 52-week high for HAPPYFORGE share price is 1490.00 and the 52-week low is 862.05. At a P/E ratio of 36.60x, HAPPYFORGE is currently trading above its industry average P/E of 28.08x. The company has a Return on Equity (ROE) of 15.46% and a debt-to-equity ratio of 0.10.

Happy Forgings Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
1490.00
Low
1287.20
Volume
1.2L
Change
+6.21%

Happy Forgings Ltd share price chart: 6.21% return over the past month. 52-week high ₹1490.00, 52-week low ₹862.05.

Happy Forgings Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
1428.001442.701402.001409.001.78L (Cr)
1404.001470.001396.001428.001.93L (Cr)
1422.101434.401380.001387.4087.60K (Cr)
1416.901416.901416.901416.900.00 (Cr)
1395.001425.001382.701416.9096.84K (Cr)
1384.801404.101374.901384.2086.06K (Cr)
1406.901406.901357.701376.301.14L (Cr)
1478.901490.001370.001378.504.82L (Cr)
1399.001470.001370.001450.001.58L (Cr)
1393.601411.001350.001380.202.61L (Cr)

Happy Forgings Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
1404.001470.001396.001409.00+0.36%
1374.001490.001320.801387.40+0.98%
1178.801398.001135.001348.00+14.35%
1285.101345.001140.201156.10-10.04%
1020.101370.001020.101333.70+30.74%
1149.101193.601003.301063.80-7.42%
1036.001170.401000.101149.10+10.92%
1025.001053.80976.001036.70+1.14%
929.001035.45888.751021.10+9.91%
905.00989.85862.05917.25+1.35%
938.60986.05887.00901.45-3.96%
956.101003.90909.90945.60-1.10%

Returns & Performance

Average

Return on Equity (ROE)

15.46%

Profit generated per ₹1 of shareholder equity

Good

Return on Capital (ROCE)

19.17%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

28.19%

Average operating profit margin over 5 years

Dividend Yield

0.29%

Annual dividend as % of current share price

Happy Forgings Ltd Valuation Check

Poor

Price to Earnings (P/E)

36.60x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

28.08x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Excellent

Promoter Holding

78.52%

% shares held by company founders/management

Poor

FII Holding

2.03%

% shares held by foreign institutional investors

Good

DII Holding

17.02%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

2.81%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

4.50%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

20.35%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-49.79%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

27.44%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.10x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

42.38x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-109.61 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Happy Forgings Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of HAPPYFORGE across key market metrics for learning purposes.

Positive Indicators

8 factors identified

Strong Return on Equity (15.46%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (19.17%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (28.19%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Consistent Growth Track Record (20.35% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Strong Profit Growth Track Record (27.44% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.10)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (42.38x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Weak Earnings Growth (-49.79% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Negative Free Cash Flow (₹-109.61 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Happy Forgings Ltd vs Castings & Forgings Peers

Peer Comparison - Castings & Forgings

Compare Happy Forgings Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
51.8/100
1431
₹9934.57
36.6
Average
15.46%
Good
19.17%
Good
0.1
Excellent
27.44%
Excellent
20.35%
Excellent
0.29%
54.1/100
4428
₹36025.37
32.0
Average
15.42%
Good
18.92%
Good
0.1
Excellent
13.23%
Good
7.62%
Good
0.42%
51.4/100
504
₹7240.86
29.7
Average
25.38%
Excellent
31.26%
Excellent
0.1
Excellent
0.02%
72/100
287
₹2233.35
25.1
Average
24.24%
Excellent
32.94%
Excellent
0.0
Excellent
55.61%
Excellent
13.40%
Good
0.65%
56.5/100
1679
₹1843.35
73.1
Average
21.80%
Excellent
27.89%
Excellent
0.1
Excellent
116.81%
Excellent
55.08%
Excellent
0.00%
Nelcast Ltd...
NELCAST532864
28.4/100
138
₹973.07
26.5
Average
6.48%
Poor
9.55%
Poor
0.5
Good
-0.70%
Poor
17.17%
Excellent
0.45%
38.5/100
533
₹862.41
55.5
Average
21.88%
Excellent
20.85%
Excellent
1.8
Average
38.79%
Excellent
11.75%
Good
0.18%
52.2/100
509
₹509.30
68.2
Average
6.78%
Poor
9.59%
Poor
0.8
Good
59.53%
Excellent
11.64%
Good
0.10%
47.4/100
119
₹472.54
23.6
Average
51.01%
Excellent
46.01%
Excellent
0.1
Excellent
0.00%
53.2/100
46
₹410.25
76.5
Average
9.99%
Poor
12.37%
Average
0.2
Excellent
94.73%
Excellent
33.02%
Excellent
0.00%
61.9/100
1199
₹404.29
18.6
Average
19.38%
Good
25.07%
Excellent
0.1
Excellent
28.12%
Excellent
12.87%
Good
0.63%

Happy Forgings Ltd PE Ratio History

Historical price-to-earnings ratio for HAPPYFORGE — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202528.37₹1149.1040.5x
FY 202425.79₹998.5038.7x
FY 202322.15₹1029.2546.5x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Happy Forgings Ltd Dividend History

Annual cash dividends paid by HAPPYFORGE — dividend yield 0.29%

Financial YearDividends Paid (₹ Cr)
FY 202537.68 Cr
FY 202411.63 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Happy Forgings Ltd Quarterly Performance

Latest quarterly metrics for HAPPYFORGE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

4.50%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

2.81%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

20.35%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

27.44%

Compounded annual net profit growth over 5 years

Happy Forgings Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for HAPPYFORGE — calculated from daily price history

51RSI 14
Neutral — RSI 51

Momentum is balanced — neither overbought nor oversold.

SMA 50
1313
▲ Price above SMA 50 — Short-term bullish
SMA 200
1115
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
113K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Happy Forgings Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Happy Forgings Ltd (HAPPYFORGE) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Happy Forgings Ltd

About HAPPYFORGE (Happy Forgings Ltd)

Happy Forgings Ltd is a prominent engineering entity specializing in the meticulous creation of high-precision forgings and machined components, catering to a global clientele. The... company distinguishes itself through its robust manufacturing infrastructure, capable of producing a diverse portfolio of products ranging from intricate automotive parts to heavy-duty industrial solutions. Utilizing advanced metallurgical techniques and stringent quality control processes, Happy Forgings ensures each component adheres to the highest industry standards, delivering exceptional durability and performance. Their commitment to innovation and continuous improvement positions them as a reliable partner for industries demanding superior forged solutions. The company's comprehensive product line underscores its versatility and engineering expertise. Key offerings include critical engine components like crankshafts and connecting rods, vital for internal combustion engines. They also manufacture robust transmission parts such as shafts, spindles, and crown wheels, ensuring smooth and efficient power transfer in various applications. Furthermore, Happy Forgings produces a range of safety-critical components, including front axle beams, steering knuckles, and brake flanges, essential for maintaining vehicle control and stability. This breadth of product offerings allows Happy Forgings to serve a diverse range of sectors, from automotive and railways to industrial machinery. Beyond automotive and railway applications, Happy Forgings extends its capabilities to support the renewable energy sector. They manufacture essential components for wind turbines, including planet carriers and other specialized parts crucial for the reliable operation of these power-generating systems. This diversification highlights the company's adaptability and commitment to meeting the evolving needs of various industries. By focusing on precision engineering and employing cutting-edge technologies, Happy Forgings solidifies its reputation as a leading provider of high-quality forgings and machined components, contributing to the efficiency and reliability of its customers' products worldwide.

Company Details

Symbol:HAPPYFORGE
Industry:Castings & Forgings
Sector:Castings & Forgings

Key Leadership

Mr. Paritosh Kumar Garg
MD & Chairman
Mr. Ashish Garg
MD & Director
Mr. Pankaj Kumar Goyal
Chief Financial Officer

Corporate Events

Recent
Ex-Dividend Date

HAPPYFORGE Share Price: Frequently Asked Questions

What is the current share price of Happy Forgings Ltd?

Happy Forgings Ltd (HAPPYFORGE) trades at ₹1431.20 on NSE and BSE. Market cap ₹9.93K (Cr). Educational data only.

What is the P/E ratio of Happy Forgings Ltd?

Happy Forgings Ltd has a P/E of 36.60x vs industry average 28.08x.

What is the Bull Run score for Happy Forgings Ltd?

Happy Forgings Ltd has a Bull Run score of 51.8/100 based on 25+ financial parameters.

Does Happy Forgings Ltd pay dividends?

Happy Forgings Ltd has a dividend yield of 0.29%. Past dividends don't guarantee future payments.

What is the ROE of Happy Forgings Ltd?

Happy Forgings Ltd has ROE of 15.46%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Happy Forgings Ltd?

Happy Forgings Ltd has debt-to-equity of 0.10.

Is Happy Forgings Ltd a good investment?

Bull Run gives Happy Forgings Ltd a score of 51.8/100. This is not investment advice — consult a SEBI-registered advisor.