Happy Forgings (NSE:HAPPYFORGE) Change In Inventory: ₹0 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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
63 GF Score
Price ₹1,926.00
GF Value ₹1,321.81
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Happy Forgings Change In Inventory?

Happy Forgings NSE:HAPPYFORGE +1.04% 63 Change In Inventory is ₹0 Mil as of Jun. 2026. GuruFocus rates NSE:HAPPYFORGE with a GF Score™ of 63/100 and a GF Value™ of ₹1,321.81 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Happy Forgings's change in inventory for the quarter that ended in Jun. 2026 was ₹0 Mil. It means Happy Forgings's inventory stayed the same from Mar. 2026 to Jun. 2026 .

Happy Forgings's change in inventory for the fiscal year that ended in Mar. 2026 was ₹-3 Mil. It means Happy Forgings's inventory increased by ₹3 Mil from Mar. 2025 to Mar. 2026 .

Happy Forgings's Total Inventories for the quarter that ended in Jun. 2026 was ₹0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Happy Forgings's Days Inventory for the quarter that ended in Jun. 2026 was 60.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Happy Forgings's Inventory Turnover for the quarter that ended in Jun. 2026 was 1.52.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Happy Forgings's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.26.


Happy Forgings  (NSE:HAPPYFORGE) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Happy Forgings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1163.777/1766.924*365 / 4
=60.10

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Happy Forgings's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Happy Forgings's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

* 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 Change In Inventory Related Terms


Happy Forgings Change In Inventory Historical Data

* Premium members only.

The historical data trend for Happy Forgings's Change In Inventory 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 Change In Inventory Chart

Happy Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Inventory
Get a 7-Day Free Trial -624.17 143.81 -545.63 -82.54 -3.35

Happy Forgings Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Inventory 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 Premium Member Only 0.00 0.00 0.00 0.00 0.00
NSE:HAPPYFORGE
63GF Score
Happy Forgings Ltd NSE:HAPPYFORGE
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Forgings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of ₹0 Mil mean?
Happy Forgings (NSE:HAPPYFORGE) has a Change In Inventory of ₹0 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Happy Forgings and its competitors.
Is Happy Forgings' Change In Inventory too high?
Happy Forgings' current Change In Inventory is ₹0 Mil. Overall, Happy Forgings has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Happy Forgings' Change In Inventory compare to CRS and ATI?
Happy Forgings' Change In Inventory of ₹0 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 Change In Inventory for an Industrial Products company?
A good Change In Inventory depends on the Industrial Products industry context. However, Change In Inventory 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 Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Happy Forgings and its competitors. Happy Forgings's current Change In Inventory is ₹0 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?
Based on GuruFocus' analysis, Happy Forgings (NSE:HAPPYFORGE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,321.81, compared to a current price of ₹1,926.00 — trading 45.7% above its estimated fair value. The current Change In Inventory is ₹0 Mil. Happy Forgings' overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Happy Forgings (NSE:HAPPYFORGE), the current Change In Inventory is ₹0 Mil as of Jun. 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.

Is Happy Forgings (NSE:HAPPYFORGE) Overvalued in 2026?

Based on GuruFocus' analysis, Happy Forgings stock appears to be overvalued. The current stock price of ₹1,926.00 is trading 45.7% above its estimated GF Value™ of ₹1,321.81. GuruFocus considers Happy Forgings to be Significantly Overvalued.

Key valuation signals for NSE:HAPPYFORGE:

  • Change In Inventory: ₹0 Mil
  • GF Value™: ₹1,321.81 vs. price of ₹1,926.00 (45.7% above fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the NSE:HAPPYFORGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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.
63GF Score

Get the complete analysis for NSE:HAPPYFORGE

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

₹1,926.00
Price
₹1,321.81
GF Value