HAPPYFORGE — Happy Forgings Share Price
- IN₹74.50bn
- IN₹74.83bn
- IN₹13.58bn
Growth & Value
12m Forecast Rolling | Industry | Market | |
---|---|---|---|
PE Ratio (f) | 23.21 | ||
PEG Ratio (f) | 1.44 | ||
EPS Growth (f) | 19.17% | ||
Dividend Yield (f) | 0.78% |
Valuation (ttm) | Industry | Market | |
---|---|---|---|
Price to Book Value | 4.33 | ||
Price to Tang. Book | 4.36 | ||
Price to Free Cashflow | n/a | ||
Price to Sales | 5.29 | ||
EV to EBITDA | 18.53 |
Shareholder Activity
Type | Buy / Hold / Sell |
---|---|
Institutions | |
Directors | |
Community |
Guru Screens
Quality
Name | Industry | Market | |
---|---|---|---|
Return on Capital | 18.84% | ||
Return on Equity | 31.04% | ||
Operating Margin | 23.48% |
Financial Summary
Year End 31st Mar | Unit | 2020 | 2021 | 2022 | 2023 | 2024 | 2025E | 2026E | CAGR / Avg |
---|---|---|---|---|---|---|---|---|---|
Total Revenue | IN₹m | n/a | n/a | 8,600.46 | 11,965.3 | 13,582.36 | 14,328.4 | 16,436.2 | 25.67% |
Operating Profit | m | ||||||||
Net Profit | m | ||||||||
EPS Reported | |||||||||
Diluted Normalised EPS | |||||||||
EPS Growth | % | n/a | n/a | n/a | +47.48 | +20.22 | +6.58 | +17.38 | n/a |
PE Ratio | x | ||||||||
PEG | |||||||||
Profitability | |||||||||
Operating Margin | % | ||||||||
ROA | % | ||||||||
ROCE | % | ||||||||
ROE | % | ||||||||
Cashflow | |||||||||
Op. Cashflow ps | |||||||||
Capex ps | |||||||||
Free Cashflow ps | |||||||||
Dividends | |||||||||
Dividend ps | |||||||||
Dividend Growth | % | ||||||||
Dividend Yield | % | ||||||||
Dividend Cover | x | ||||||||
Balance Sheet | |||||||||
Cash etc | m | ||||||||
Working Capital | m | ||||||||
NFA | m | ||||||||
Net Debt | m | ||||||||
Book Value | m | ||||||||
Diluted Weighted Average Shares | m | ||||||||
Book Value ps |
Other Ratios
Leverage (ttm) | Total | - Intang | + Pension |
---|---|---|---|
Gross Gearing | |||
Net Gearing | |||
Cash / Assets |
Liquidity (ttm) | |
---|---|
Curr. Ratio | |
Quick Ratio | |
Interest Cov. |
Efficiency (ttm) | |
---|---|
Asset Turnover | |
Recs Turnover | |
Stock Turnover |
Recent History
Latest interim period vs. prior period | Industry | Market | |
---|---|---|---|
Sales Growth | |||
EPS Growth |
3yr Compound Annual Growth Rate | Industry | Market | |
---|---|---|---|
Sales CAGR | |||
EPS CAGR | |||
DPS CAGR |
Profile Summary
Happy Forgings Limited is an India-based company, which is a manufacturer of heavy forged and high precision machined components. The Company’s products include crankshafts, differential cases, front axle components, railway parts, suspension products, transmission parts, oil and gas, and windmill application products. Its windmill application products consist of three critical components: the planet carrier, pinion shaft, and housing. Its railway components range of parts, includes camshafts, connecting rods, piston pins, and spacers, are expertly crafted to deliver outstanding functionality and long-lasting resilience. The Company primarily caters to domestic and global original equipment manufacturers (OEMs) manufacturing commercial vehicles in the automotive sector. It also caters to manufacturers of farm equipment, off-highway vehicles and manufacturers of industrial equipment and machinery for oil and gas, power generation, railways, and wind turbine industries.
Directors
- Last Annual
- March 31st, 2024
- Last Interim
- December 31st, 2024
- Incorporated
- July 2nd, 1979
- Public Since
- December 27th, 2023
- No. of Shareholders
- 94,000
- No. of Employees
- 3,017
- Sector
- Automobiles & Auto Parts
- Industry
- Consumer Cyclicals
- Exchange
National Stock Exchange of India
- Shares in Issue
- 94,204,882

- Address
- B-29-2254/1, LUDHIANA, 141120
- Web
- https://happyforgingsltd.com
- Phone
- +91 1615000551
- Auditors
- S.R. Batliboi & Co. LLP
Upcoming Events for HAPPYFORGE
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FAQ
As of Today at 21:01 UTC, shares in Happy Forgings are trading at IN₹786.20. This share price information is delayed by 15 minutes.
Shares in Happy Forgings last closed at IN₹786.20 and the price had moved by -15.58% over the past 365 days. In terms of relative price strength the Happy Forgings share price has underperformed the S&P BSE 100 Index by -20.48% over the past year.
The overall consensus recommendation for Happy Forgings is Strong Buy. You can view the full broker recommendation list by unlocking its StockReport.
Find out moreThe Happy Forgings dividend yield is 0.51% based on the trailing twelve month period.
Last year, Happy Forgings paid a total dividend of IN₹4.00, and it currently has a trailing dividend yield of 0.51%. We do not have any data on when Happy Forgings is to next pay dividends.
We do not have data on when Happy Forgings is to next pay dividends. The historic dividend yield on Happy Forgings shares is currently 0.51%.
To buy shares in Happy Forgings you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of IN₹786.20, shares in Happy Forgings had a market capitalisation of IN₹74.50bn.
Here are the trading details for Happy Forgings:
- Country of listing: India
- Exchange: NSI
- Ticker Symbol: HAPPYFORGE
Based on an overall assessment of its quality, value and momentum Happy Forgings is currently classified as a Sucker Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Happy Forgings is IN₹1,076.30. That is 36.9% above the last closing price of IN₹786.20.
Analysts covering Happy Forgings currently have a consensus Earnings Per Share (EPS) forecast of IN₹28.43 for the next financial year.
Find out moreAn important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Happy Forgings. Over the past six months, its share price has underperformed the S&P BSE 100 Index by -24.89%.
As of the last closing price of IN₹786.20, shares in Happy Forgings were trading -25.23% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Happy Forgings PE ratio based on its reported earnings over the past 12 months is 23.21. The shares last closed at IN₹786.20.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
We do not have data on Happy Forgings' directors