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Happy Forgings's EPS (Basic) for the
three
months ended in Jun. 2026 was ₹9.70.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹34.72.
During the past 12 months, Happy Forgings's average EPS without NRIGrowth Rate was 21.20% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 11.50% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 25.90% per year.
During the past 6 years, Happy Forgings's highest 3-Year average EPS without NRI Growth Rate was 40.50% per year. The lowest was 11.50% per year. And the median was 22.70% per year.
Happy Forgings (NSE:HAPPYFORGE) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Happy Forgings Earnings per Share (Diluted) Related Terms
Happy Forgings Earnings per Share (Diluted) Historical Data
* Premium members only.
The historical data trend for Happy Forgings's Earnings per Share (Diluted) 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.
NSE:HAPPYFORGE vs ATI, CRS, MLI: Earnings per Share (Diluted) Comparison
For the Metal Fabrication subindustry, Happy Forgings's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Happy Forgings PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Happy Forgings's PE Ratio distribution charts can be found below:
* The bar in red indicates where Happy Forgings's PE Ratio falls into.
Happy Forgings Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Happy Forgings's Earnings Per Share (Diluted) for the fiscal year that ended in Mar. 2026 is calculated as
Earnings per Share (Diluted) 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 ₹34.60
* 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.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of ₹34.60 mean?
Happy Forgings (NSE:HAPPYFORGE) has a Earnings per Share (Diluted) of ₹34.60 as of Jun. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Happy Forgings and its competitors. According to the industry distribution chart, Happy Forgings ranks #931 out of 2423 companies in the Industrial Products industry, placing it in the top 38.4%.
Is Happy Forgings' Earnings per Share (Diluted) too high?
Happy Forgings' current Earnings per Share (Diluted) is ₹34.60. Based on the distribution chart, Happy Forgings ranks #931 out of 2423 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Happy Forgings has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Happy Forgings' Earnings per Share (Diluted) compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Happy Forgings ranks #931 out of 2423 companies for Earnings per Share (Diluted). This puts Happy Forgings in the upper half of its industry. The industry median Earnings per Share (Diluted) is 3.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for an Industrial Products company?
The median Earnings per Share (Diluted) among Industrial Products companies is 3.60, based on 2,423 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) 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 Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Happy Forgings and its competitors. For the Industrial Products industry, the median Earnings per Share (Diluted) is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Forgings's current Earnings per Share (Diluted) is ₹34.60. 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 ₹1,364.19, compared to a current price of ₹2,233.40 — trading 63.7% above its estimated fair value. The current Earnings per Share (Diluted) is ₹34.60. Happy Forgings' overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Happy Forgings (NSE:HAPPYFORGE), the current Earnings per Share (Diluted) is ₹34.60 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 ₹2,233.40 is trading 63.7% above its estimated GF Value™ of ₹1,364.19.
GuruFocus considers Happy Forgings to be Significantly Overvalued.
Key valuation signals for NSE:HAPPYFORGE:
Earnings per Share (Diluted): ₹34.60
GF Value™: ₹1,364.19 vs. price of ₹2,233.40 (63.7% above fair value)
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 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.
58GF Score
Get the complete analysis for NSE:HAPPYFORGE
Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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