Happy Forgings (NSE:HAPPYFORGE) Tax Provision: ₹-1,004 Mil (TTM As of Mar. 2026)

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NSE:HAPPYFORGE Happy Forgings Ltd NSE:HAPPYFORGE
46 GF Score
Price ₹1,661.60
! 5 Warning Signs
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What is Happy Forgings Tax Provision?

Happy Forgings NSE:HAPPYFORGE +0.15% 46 Tax Provision is ₹-1,004 Mil as of Mar. 2026. GuruFocus rates NSE:HAPPYFORGE with a GF Score™ of 46/100. The stock has 5 warning signs investors should review.

Happy Forgings's tax provision for the three months ended in Mar. 2026 was ₹-275 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-1,004 Mil.

Happy Forgings Tax Provision Historical Data

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The historical data trend for Happy Forgings's Tax Provision 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 Tax Provision Chart

Happy Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Provision
Get a 7-Day Free Trial -497.63 -713.27 -814.05 -921.17 -1,003.54

Happy Forgings Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision 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 -219.34 -229.55 -251.68 -247.29 -275.02
NSE:HAPPYFORGE
46GF Score
Happy Forgings Ltd NSE:HAPPYFORGE
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Forgings Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1,004 Mil.

* 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 Tax Provision →
What does a Tax Provision of ₹-1,004 Mil mean?
Happy Forgings (NSE:HAPPYFORGE) has a Tax Provision of ₹-1,004 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Happy Forgings and its competitors.
Is Happy Forgings' Tax Provision too high?
Happy Forgings' current Tax Provision is ₹-1,004 Mil. Overall, Happy Forgings has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Happy Forgings' Tax Provision compare to CRS and ATI?
Happy Forgings' Tax Provision of ₹-1,004 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 Tax Provision for an Industrial Products company?
A good Tax Provision depends on the Industrial Products industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Happy Forgings and its competitors. Happy Forgings's current Tax Provision is ₹-1,004 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?
Happy Forgings (NSE:HAPPYFORGE) has a current Tax Provision of ₹-1,004 Mil. The current Tax Provision is ₹-1,004 Mil. Happy Forgings' overall GF Score™ is 46/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Happy Forgings (NSE:HAPPYFORGE), the current Tax Provision is ₹-1,004 Mil 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.
46GF Score

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

₹1,661.60
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