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Happy SteelsNSE:HAPPY +2.57%12 FCF Margin % is 0.00% as of Mar. 2026. GuruFocus rates NSE:HAPPY with a GF Score™ of 12/100. Among 1,320 Vehicles & Parts companies, Happy Steels ranks worse than 86.14% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Happy Steels's Free Cash Flow for the
three
months ended in Mar. 2026 was ₹0.0 Mil. Happy Steels's Revenue for the
three
months ended in Mar. 2026 was ₹0.0 Mil. Therefore, Happy Steels's FCF Margin % for the quarter that ended in Mar. 2026 was 0.00%.
The historical rank and industry rank for Happy Steels's FCF Margin % or its related term are showing as below:
NSE:HAPPY'
s FCF Margin % Range Over the Past 10 Years
Min: -10.69 Med: -7.11 Max: 4.7
Current: -10.61
During the past 4 years, the highest FCF Margin % of Happy Steels was 4.70%. The lowest was -10.69%. And the median was -7.11%.
NSE:HAPPY's FCF Margin % is ranked worse than 86.14% of 1320
companies
in the Vehicles & Parts industry
Industry Median: 2.3
vs NSE:HAPPY: -10.61
Happy Steels FCF Margin % Related Terms
Happy Steels FCF Margin % Historical Data
* Premium members only.
The historical data trend for Happy Steels's FCF 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.
Happy Steels FCF Margin % Chart
Happy Steels Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
FCF Margin %
-3.61
-10.69
4.70
-10.61
Happy Steels Quarterly Data
Mar23
Mar24
Mar25
Sep25
Mar26
FCF Margin %
0.00
0.00
0.00
0.00
0.00
NSE:HAPPY vs ORLY, AZO: FCF Margin % Comparison
For the Auto Parts subindustry, Happy Steels's FCF Margin %, along with its competitors' market caps and FCF 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 Steels FCF Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Happy Steels's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Happy Steels's FCF 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 Steels (NSE:HAPPY) has a FCF Margin % of 0.00% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Happy Steels and its competitors. According to the industry distribution chart, Happy Steels ranks #1137 out of 1320 companies in the Vehicles & Parts industry, placing it in the top 86.1%.
Is Happy Steels' FCF Margin % too high?
Happy Steels' current FCF Margin % is 0.00%. Based on the distribution chart, Happy Steels ranks #1137 out of 1320 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Happy Steels has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Happy Steels' FCF Margin % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Happy Steels ranks #1137 out of 1320 companies for FCF Margin %. This places Happy Steels in the lower half of its industry. The industry median FCF Margin % is 2.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Vehicles & Parts company?
The median FCF Margin % among Vehicles & Parts companies is 2.30, based on 1,320 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Happy Steels and its competitors. For the Vehicles & Parts industry, the median FCF Margin % is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Steels's current FCF Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Steels stock overvalued right now?
Happy Steels (NSE:HAPPY) has a current FCF Margin % of 0.00%. The current FCF Margin % is 0.00%. Happy Steels' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Happy Steels (NSE:HAPPY), the current FCF Margin % is 0.00% 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 Steels Ltd is an integrated manufacturer of Forged and Machined Transmission and Driveline components for On-highway vehicles, Off-highway vehicles, EVs, and defence applications. The company's product portfolio consists of axles, long spline shafts, spindles, and other related components. The majority of the company's revenue is derived from the sale of its products, mainly Axles, in the domestic markets.
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