Happy Forgings (NSE:HAPPYFORGE) FCF Margin %: 0.00% (As of Mar. 2026)


NSE:HAPPYFORGE Happy Forgings Ltd NSE:HAPPYFORGE
48 GF Score
Price ₹1,509.30
! 6 Warning Signs
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What is Happy Forgings FCF Margin %?

Happy Forgings NSE:HAPPYFORGE -1.28% 48 FCF Margin % is 0.00% as of Mar. 2026. GuruFocus rates NSE:HAPPYFORGE with a GF Score™ of 48/100. The stock has 6 warning signs investors should review. Among 3,036 Industrial Products companies, Happy Forgings ranks worse than 60.24% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Happy Forgings's Free Cash Flow for the three months ended in Mar. 2026 was ₹0 Mil. Happy Forgings's Revenue for the three months ended in Mar. 2026 was ₹4,238 Mil. Therefore, Happy Forgings's FCF Margin % for the quarter that ended in Mar. 2026 was 0.00%.

As of today, Happy Forgings's current FCF Yield % is -0.11%.

The historical rank and industry rank for Happy Forgings's FCF Margin % or its related term are showing as below:

NSE:HAPPYFORGE' s FCF Margin % Range Over the Past 10 Years
Min: -13.93   Med: -0.73   Max: 3.25
Current: -1.07

During the past 6 years, the highest FCF Margin % of Happy Forgings was 3.25%. The lowest was -13.93%. And the median was -0.73%.

NSE:HAPPYFORGE's FCF Margin % is ranked worse than
60.24% of 3036 companies
in the Industrial Products industry
Industry Median: 1.565 vs NSE:HAPPYFORGE: -1.07

Happy Forgings FCF Margin % Related Terms

Happy Forgings FCF Margin % Historical Data

* Premium members only.

The historical data trend for Happy Forgings'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 Forgings FCF Margin % Chart

Happy Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial -13.93 3.25 -0.38 0.81 -1.07

Happy Forgings Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % 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 0.00 0.00 0.00 0.00 0.00

NSE:HAPPYFORGE vs ATI, CRS, MLI: FCF Margin % Comparison

For the Metal Fabrication subindustry, Happy Forgings'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 Forgings FCF Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Happy Forgings's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Happy Forgings's FCF Margin % falls into.


NSE:HAPPYFORGE
48GF Score
Happy Forgings Ltd NSE:HAPPYFORGE
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Forgings FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Happy Forgings's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=-165.888/15463.356
=-1.07 %

Happy Forgings's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=0/4238.397
=0.00 %

* 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 FCF Margin % →
What does a FCF Margin % of 0.00% mean?
Happy Forgings (NSE:HAPPYFORGE) 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 Forgings and its competitors. According to the industry distribution chart, Happy Forgings ranks #1829 out of 3036 companies in the Industrial Products industry, placing it in the top 60.2%.
Is Happy Forgings' FCF Margin % too high?
Happy Forgings' current FCF Margin % is 0.00%. Based on the distribution chart, Happy Forgings ranks #1829 out of 3036 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Happy Forgings has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Happy Forgings' FCF Margin % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Happy Forgings ranks #1829 out of 3036 companies for FCF Margin %. This places Happy Forgings in the lower half of its industry. The industry median FCF Margin % is 1.57. 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 an Industrial Products company?
The median FCF Margin % among Industrial Products companies is 1.57, based on 3,036 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 Forgings and its competitors. For the Industrial Products industry, the median FCF Margin % is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Forgings'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 Forgings stock overvalued right now?
Happy Forgings (NSE:HAPPYFORGE) has a current FCF Margin % of 0.00%. The current FCF Margin % is 0.00%. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Happy Forgings (NSE:HAPPYFORGE), 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 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.
48GF Score

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

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