Happy ForgingsNSE:HAPPYFORGE -1.28%48 EBITDA Margin % is 32.88% as of Mar. 2026, which is 3% above its 10-year median of 31.86. GuruFocus rates NSE:HAPPYFORGE with a GF Score™ of 48/100. The stock has 6 warning signs investors should review. Among 3,039 Industrial Products companies, Happy Forgings ranks better than 95.99% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Happy Forgings's EBITDA for the
three
months ended in Mar. 2026 was ₹1,394 Mil. Happy Forgings's Revenue for the
three
months ended in Mar. 2026 was ₹4,238 Mil. Therefore, Happy Forgings's EBITDA margin for the quarter that ended in Mar. 2026 was 32.88%.
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Happy Forgings EBITDA Margin % Related Terms
Happy Forgings EBITDA Margin % Historical Data
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The historical data trend for Happy Forgings's EBITDA Margin % 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: EBITDA Margin % Comparison
For the Metal Fabrication subindustry, Happy Forgings's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Happy Forgings's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Happy Forgings's EBITDA Margin % falls into.
* 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 (NSE:HAPPYFORGE) has a EBITDA Margin % of 32.88% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Happy Forgings and its competitors. This is near median its historical median of 31.86. Over the past decade, Happy Forgings' EBITDA Margin % has ranged from 29.75 to 32.43. According to the industry distribution chart, Happy Forgings ranks #122 out of 3039 companies in the Industrial Products industry, placing it in the top 4%.
Is Happy Forgings' EBITDA Margin % too high?
Happy Forgings' current EBITDA Margin % of 32.88% is near median its 10-year median of 31.86. Over the past 10 years, this metric has ranged from a low of 29.75 to a high of 32.43. The Industrial Products industry median EBITDA Margin % is 9.45. Happy Forgings' value of 32.88% is 247.9% above this industry median. Based on the distribution chart, Happy Forgings ranks #122 out of 3039 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Happy Forgings has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Happy Forgings' EBITDA Margin % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Happy Forgings ranks #122 out of 3039 companies for EBITDA Margin %. This places Happy Forgings in the top 4% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 9.45. Happy Forgings' value of 32.88% is 247.9% above this benchmark. Historically, Happy Forgings' own EBITDA Margin % has ranged from 29.75 to 32.43 over the past decade. While the company's 10-year median is 31.86 vs. the industry median of 9.45, Happy Forgings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Industrial Products company?
The median EBITDA Margin % among Industrial Products companies is 9.45, based on 3,039 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Happy Forgings's current EBITDA Margin % of 32.88% is 247.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Happy Forgings and its competitors. For the Industrial Products industry, the median EBITDA Margin % is 9.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Forgings's current EBITDA Margin % is 32.88%, which is near median its own 10-year median of 31.86. 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 EBITDA Margin % of 32.88%. The current EBITDA Margin % is 32.88%, which is near median its 10-year median of 31.86 and 247.9% above the Industrial Products industry median of 9.45. Happy Forgings' overall GF Score™ is 48/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Happy Forgings (NSE:HAPPYFORGE), the current EBITDA Margin % is 32.88% 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 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.
48GF Score
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