Happy Forgings (NSE:HAPPYFORGE) Accounts Payable: ₹594 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:HAPPYFORGE Happy Forgings Ltd NSE:HAPPYFORGE
47 GF Score
Price ₹1,608.00
! 6 Warning Signs
View Full Analysis

What is Happy Forgings Accounts Payable?

Happy Forgings NSE:HAPPYFORGE +0.80% 47 Accounts Payable is ₹594 Mil as of Mar. 2026. GuruFocus rates NSE:HAPPYFORGE with a GF Score™ of 47/100. The stock has 6 warning signs investors should review.

Happy Forgings's Accounts Payable for the quarter that ended in Mar. 2026 was ₹594 Mil.

Happy Forgings's quarterly Accounts Payable declined from Sep. 2025 (₹423 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹594 Mil).

Happy Forgings's annual Accounts Payable declined from Mar. 2024 (₹555 Mil) to Mar. 2025 (₹454 Mil) but then increased from Mar. 2025 (₹454 Mil) to Mar. 2026 (₹594 Mil).

Happy Forgings Accounts Payable Related Terms

Happy Forgings Accounts Payable Historical Data

* Premium members only.

The historical data trend for Happy Forgings's Accounts Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Happy Forgings Accounts Payable Chart

Happy Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Payable
Get a 7-Day Free Trial 442.31 477.38 555.37 453.64 594.38

Happy Forgings Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 453.64 0.00 423.44 0.00 594.38
NSE:HAPPYFORGE
47GF Score
Happy Forgings Ltd NSE:HAPPYFORGE
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Happy Forgings Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of ₹594 Mil mean?
Happy Forgings (NSE:HAPPYFORGE) has a Accounts Payable of ₹594 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Happy Forgings and its competitors.
Is Happy Forgings' Accounts Payable too high?
Happy Forgings' current Accounts Payable is ₹594 Mil. Overall, Happy Forgings has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Happy Forgings' Accounts Payable compare to CRS and ATI?
Happy Forgings' Accounts Payable of ₹594 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Industrial Products company?
A good Accounts Payable depends on the Industrial Products industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Happy Forgings and its competitors. Happy Forgings's current Accounts Payable is ₹594 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Forgings stock overvalued right now?
Happy Forgings (NSE:HAPPYFORGE) has a current Accounts Payable of ₹594 Mil. The current Accounts Payable is ₹594 Mil. Happy Forgings' overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Happy Forgings (NSE:HAPPYFORGE), the current Accounts Payable is ₹594 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Happy Forgings Business Description

Other Exchanges 544057:India
Address H.B 220, Post Office - Rajgarh, Village Dugri, Ludhiana, PB, IND, 141 421
Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.
47GF Score

Get the complete analysis for NSE:HAPPYFORGE

Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,608.00
Price