Business Description
Happy Forgings Ltd
ISIN : INE330T01021
Total Employee Number:
3,171Compare
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Traded in other countries / regions
HAPPYFORGE.India Index Membership
NIFTY 500 IPO Date
2023-12-27Description
Happy Forgings Ltd is an engineering manufacturer of heavy forged and precision machined components in India. It is engaged in engineering, process design, testing, manufacturing, and supply of components for automotive and non-automotive industries. The company supplies components to original equipment manufacturers (OEMs) in sectors including commercial vehicles, farm equipment, off-highway vehicles, industrial equipment, oil and gas, power generation, railways, and wind turbines. The majority of the comapny's revenue is derived from the sale of its products in India.
Financial Strength
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Cash-To-Debt | 1.23 | |||||
Equity-to-Asset | 0.81 | |||||
Debt-to-Equity | 0.16 | |||||
Debt-to-EBITDA | 0.66 | |||||
Interest Coverage | 36.44 | |||||
Piotroski F-Score | 5/9 | |||||
Altman Z-Score | 19.94 | |||||
Beneish M-Score | -3.14 | |||||
WACC vs ROIC | ||||||
Growth Rank
9/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
3-Year Revenue Growth Rate | 9.7 | |||||
3-Year EBITDA Growth Rate | 13 | |||||
3-Year EPS without NRI Growth Rate | 11.5 | |||||
3-Year Book Growth Rate | 29.1 | |||||
Future 3-5Y EPS without NRI Growth Rate Estimate Industry Rank | 18.46 | |||||
Future 3-5Y Total Revenue Growth Rate Estimate | 17.56 |
Momentum Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
5-Day RSI | 75.18 | |||||
9-Day RSI | 69.65 | |||||
14-Day RSI | 66.78 | |||||
3-1 Month Momentum % | 2.67 | |||||
6-1 Month Momentum % | 20.54 | |||||
12-1 Month Momentum % | 42.59 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Current Ratio | 2.35 | |||||
Quick Ratio | 1.84 | |||||
Cash Ratio | 0.89 | |||||
Days Inventory | 132.92 | |||||
Days Sales Outstanding | 94.5 | |||||
Days Payable | 28.34 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Dividend Yield % | 0.19 | |||||
Dividend Payout Ratio | 0.09 | |||||
Forward Dividend Yield % | 0.25 | |||||
5-Year Yield-on-Cost % | 0.19 | |||||
3-Year Average Share Buyback Ratio | -0.1 | |||||
Shareholder Yield % | -0.31 |
Profitability Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Gross Margin % | 59.14 | |||||
Operating Margin % | 24.68 | |||||
Net Margin % | 19.51 | |||||
EBITDA Margin % | 32.43 | |||||
FCF Margin % | -1.07 | |||||
OCF Margin % | 28.76 | |||||
ROE % | 15.24 | |||||
ROA % | 12.66 | |||||
ROIC % | 14.17 | |||||
3-Year ROIIC % | 7.86 | |||||
ROC (Joel Greenblatt) % | 22.54 | |||||
ROCE % | 20.4 | |||||
Years of Profitability over Past 10-Year | 6 |
GF Value Rank
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
PE Ratio | 49.97 | |||||
Forward PE Ratio | 42.53 | |||||
PE Ratio without NRI | 49.97 | |||||
Price-to-Owner-Earnings | 59.64 | |||||
PEG Ratio | 2.06 | |||||
PS Ratio | 9.75 | |||||
PB Ratio | 7.07 | |||||
Price-to-Tangible-Book | 7.13 | |||||
Price-to-Operating-Cash-Flow | 33.85 | |||||
EV-to-EBIT | 36.27 | |||||
EV-to-EBITDA | 29.83 | |||||
EV-to-Revenue | 9.68 | |||||
EV-to-FCF | -895.69 | |||||
Price-to-Peter-Lynch-Fair-Value | 2.11 | |||||
Price-to-Graham-Number | 3.98 | |||||
| Price-to-Net-Current-Asset-Value | 26.54 | |||||
Earnings Yield (Greenblatt) % | 2.76 | |||||
FCF Yield % | -0.11 | |||||
Forward Rate of Return (Yacktman) % | 19.86 |
Operating Revenue by Business Segment
Operating Revenue by Geographic Region
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
Guru Trades
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Performance
Dividend
Log
Bar
Annualized Return % Â
Total Annual Return % Â
Happy Forgings Ltd Executives
DetailsGF Valueâ„¢
Analyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil ₹) | 15,463.356 | ||
| EPS (TTM) (₹) | 31.88 | ||
| Beta | - | ||
| 3-Year Sharpe Ratio | - | ||
| 3-Year Sortino Ratio | - | ||
| Volatility % | 37.73 | ||
| 14-Day RSI | 66.78 | ||
| 14-Day ATR (₹) | 52.703446 | ||
| 20-Day SMA (₹) | 1513.195 | ||
| 12-1 Month Momentum % | 42.59 | ||
| 52-Week Range (₹) | 862.05 - 1600 | ||
| Shares Outstanding (Mil) | 94.38 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 5 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Happy Forgings Ltd Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Happy Forgings Ltd Stock Events
| Event | Date | Price (₹) | ||
|---|---|---|---|---|
| INR 4.000000 Cash Dividend | 2026-07-20 | In 6 days | ||
| INR 3.000000 Cash Dividend | 2025-07-22 | 949.80 (+1.01%) | ||
| INR 4.000000 Cash Dividend | 2024-07-22 | 1,204.70 (-1.09%) |
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Happy Forgings Ltd Frequently Asked Questions
What is Happy Forgings Ltd(NSE:HAPPYFORGE)'s stock price today?
The current price of NSE:HAPPYFORGE is ₹1593.00. The 52 week high of NSE:HAPPYFORGE is ₹1600.00 and 52 week low is ₹862.05.
When is next earnings date of Happy Forgings Ltd(NSE:HAPPYFORGE)?
The next earnings date of Happy Forgings Ltd(NSE:HAPPYFORGE) is .
Does Happy Forgings Ltd(NSE:HAPPYFORGE) pay dividends? If so, how much?
The Dividend Yield %  of Happy Forgings Ltd(NSE:HAPPYFORGE) is 0.19% (As of Today), Highest Dividend Payout Ratio of Happy Forgings Ltd(NSE:HAPPYFORGE) was 0.14. The lowest was 0.09. And the median was 0.12. The  Forward Dividend Yield % of Happy Forgings Ltd(NSE:HAPPYFORGE) is 0.25%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
Articles on Happy Forgings Ltd
No articles.
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