GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
H

Happy Forgings HAPPYFORGE.NS · INR

Industrials · NSE · 🇮🇳 India

Compare

1,802.00

+6.34%

Close of 9 Nov 2026, in INR

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2025

Revenue

₹15.46bn

FY2019FY2025

Net income

₹3.02bn

FY2019FY2025

Free cash flow

₹10.9m

FY2019FY2025

Shareholders' equity

₹21.28bn

FY2019FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue₹15.46bn₹12.96bn₹12.43bn₹10.74bn₹7.94bn₹5.49bn₹5.58bn
Gross profit₹6.89bn₹6.12bn₹5.65bn₹4.56bn₹3.54bn₹2.59bn₹2.97bn
Operating income₹4.12bn₹3.30bn₹3.35bn₹2.91bn₹1.93bn₹1.24bn₹1.14bn
Net income₹3.02bn₹2.67bn₹2.43bn₹2.09bn₹1.42bn₹864.5m₹799.4m
Diluted earnings per share31.9428.3425.7722.1515.069.158.46

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Total assets₹26.33bn₹22.15bn₹18.86bn₹13.26bn₹11.30bn₹8.76bn₹7.63bn
Cash and short-term investments₹2.90bn₹2.16bn₹1.22bn₹3.4m₹14.6m₹277.8m₹406.4m
Total liabilities₹5.05bn₹3.66bn₹2.73bn₹3.38bn₹3.42bn₹2.31bn₹2.05bn
Debt₹3.30bn₹2.28bn₹1.43bn₹2.19bn₹2.40bn₹1.53bn₹1.18bn
Shareholders' equity₹21.28bn₹18.50bn₹16.12bn₹9.88bn₹7.88bn₹6.45bn₹5.58bn
Shares outstanding94m94m94m94m94m94m94m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash from operations₹4.55bn₹2.92bn₹1.89bn₹2.09bn₹802.9m₹285.9m₹1.69bn
Capital spending−₹4.54bn−₹2.71bn−₹1.94bn−₹1.75bn−₹1.91bn−₹916.6m−₹1.01bn
Free cash flow₹10.9m₹212.0m−₹51.0m₹348.7m−₹1.11bn−₹630.7m₹676.5m
Dividends paid−₹282.8m−₹376.8m−₹116.3m————

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹4.49bn₹4.24bn₹3.91bn₹3.77bn₹3.54bn₹2.39bn₹3.54bn₹3.61bn
Gross profit₹2.73bn₹1.91bn₹2.30bn₹1.72bn₹2.05bn₹10.8m₹2.05bn₹2.13bn
Operating income₹1.15bn₹1.09bn₹979.7m₹942.4m₹806.0m₹823.4m₹823.5m₹857.1m
Net income₹914.6m₹835.6m₹789.4m₹734.4m₹656.9m₹677.2m₹645.5m₹713.7m
Diluted earnings per share9.688.848.367.786.967.176.847.56
Cash from operations———₹2.17bn————
Capital spending———−₹2.09bn————
Free cash flow———₹80.0m————
Total assets—₹26.33bn—₹23.01bn—₹22.15bn—₹20.20bn
Cash and short-term investments₹4.06bn₹2.90bn₹1.85bn₹1.85bn₹604.4m₹2.16bn₹925.5m₹925.5m
Debt—₹3.30bn—₹1.93bn—₹2.28bn—₹1.49bn
Shareholders' equity₹21.28bn₹21.28bn₹19.59bn₹19.59bn₹18.50bn₹18.50bn₹17.11bn₹17.11bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue12.9%23.0%—
Operating income12.3%27.2%—
Net income13.1%28.4%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin45.8%45.0%45.1%—
Operating margin26.1%26.5%25.9%—
Net margin20.0%19.8%19.2%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023
Price to earnings35.635.240.0
Price to sales6.97.37.8

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 22 Jul 2025.

FY2025FY2024
Paid in the year3.004.00

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.