Happy Forgings (NSE:HAPPYFORGE) Inventories, Other: ₹0 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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
58 GF Score
Price ₹2,148.30
GF Value ₹1,320.88
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Happy Forgings Inventories, Other?

Happy Forgings NSE:HAPPYFORGE +0.24% 58 Inventories, Other is ₹0 Mil as of Jun. 2026. GuruFocus rates NSE:HAPPYFORGE with a GF Score™ of 58/100 and a GF Value™ of ₹1,320.88 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Other inventories including goods for resale, stocks in transit, consignment stocks, etc. Happy Forgings's other inventories for the quarter that ended in Jun. 2026 was ₹0 Mil.

Happy Forgings's quarterly other inventories increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹459 Mil) but then declined from Mar. 2026 (₹459 Mil) to Jun. 2026 (₹0 Mil).

Happy Forgings's annual other inventories increased from Mar. 2024 (₹322 Mil) to Mar. 2025 (₹426 Mil) and increased from Mar. 2025 (₹426 Mil) to Mar. 2026 (₹459 Mil).

Happy Forgings Inventories, Other Historical Data

* Premium members only.

The historical data trend for Happy Forgings's Inventories, Other 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 Inventories, Other Chart

Happy Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventories, Other
Get a 7-Day Free Trial 94.67 143.44 322.20 425.73 458.99

Happy Forgings Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventories, Other Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2,250.80 0.00 458.99 0.00
NSE:HAPPYFORGE
58GF Score
Happy Forgings Ltd NSE:HAPPYFORGE
Inventories, Other is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Happy Forgings Inventories, Other Calculation

Other inventories including goods for resale, stocks in transit, consignment stocks, etc.

Frequently Asked Questions Learn more about Inventories, Other →
What does a Inventories, Other of ₹0 Mil mean?
Happy Forgings (NSE:HAPPYFORGE) has a Inventories, Other of ₹0 Mil as of Jun. 2026. Other inventories a company records on its balance sheet, like goods for resale and stocks in transit. View historical data on Happy Forgings and its competitors.
Is Happy Forgings' Inventories, Other too high?
Happy Forgings' current Inventories, Other is ₹0 Mil. 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' Inventories, Other compare to ATI and CRS?
Happy Forgings' Inventories, Other 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 Inventories, Other for an Industrial Products company?
A good Inventories, Other depends on the Industrial Products industry context. However, Inventories, Other 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 Inventories, Other mean?
A high Inventories, Other can signal that a stock is expensive relative to its fundamentals. Other inventories a company records on its balance sheet, like goods for resale and stocks in transit. View historical data on Happy Forgings and its competitors. Happy Forgings's current Inventories, Other 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 ₹1,320.88, compared to a current price of ₹2,148.30 — trading 62.6% above its estimated fair value. The current Inventories, Other is ₹0 Mil. 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 Inventories, Other calculated?
Inventories, Other is calculated from a company's financial statements. For Happy Forgings (NSE:HAPPYFORGE), the current Inventories, Other 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 ₹2,148.30 is trading 62.6% above its estimated GF Value™ of ₹1,320.88. GuruFocus considers Happy Forgings to be Significantly Overvalued.

Key valuation signals for NSE:HAPPYFORGE:

  • Inventories, Other: ₹0 Mil
  • GF Value™: ₹1,320.88 vs. price of ₹2,148.30 (62.6% above fair value)
  • GF Score™: 58/100 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.
58GF Score

Get the complete analysis for NSE:HAPPYFORGE

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

₹2,148.30
Price
₹1,320.88
GF Value