Happy Steels (NSE:HAPPY) Tax Rate %: 25.86% (As of Mar. 2026)

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NSE:HAPPY Happy Steels Ltd NSE:HAPPY
19 GF Score
Price ₹84.95
! 1 Warning Sign
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What is Happy Steels Tax Rate %?

Happy Steels NSE:HAPPY -2.75% 19 Tax Rate % is 25.86% as of Mar. 2026. GuruFocus rates NSE:HAPPY with a GF Score™ of 19/100. The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Happy Steels's Tax Expense for the six months ended in Mar. 2026 was ₹11.1 Mil. Happy Steels's Pre-Tax Income for the six months ended in Mar. 2026 was ₹42.8 Mil. Therefore, Happy Steels's Tax Rate % for the quarter that ended in Mar. 2026 was 25.86%.

Happy Steels Tax Rate % Related Terms

Happy Steels Tax Rate % Historical Data

* Premium members only.

The historical data trend for Happy Steels's Tax Rate % 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 Tax Rate % Chart

Happy Steels Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Tax Rate %
23.26 26.29 26.85 25.41

Happy Steels Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Tax Rate % 0.00 0.00 0.00 25.03 25.86
NSE:HAPPY
19GF Score
Happy Steels Ltd NSE:HAPPY
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Steels Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Happy Steels's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=24.189/95.212
=25.41 %

Happy Steels's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=11.059/42.763
=25.86 %

* 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 Rate % →
What does a Tax Rate % of 25.86% mean?
Happy Steels (NSE:HAPPY) has a Tax Rate % of 25.86% as of Mar. 2026.
Is Happy Steels' Tax Rate % too high?
Happy Steels' current Tax Rate % is 25.86%. Overall, Happy Steels has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Happy Steels' Tax Rate % compare to ORLY and AZO?
Happy Steels' Tax Rate % of 25.86% can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Vehicles & Parts company?
A good Tax Rate % depends on the Vehicles & Parts industry context. However, Tax Rate % 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 Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Happy Steels's current Tax Rate % is 25.86%. 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 Tax Rate % of 25.86%. The current Tax Rate % is 25.86%. Happy Steels' overall GF Score™ is 19/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Happy Steels (NSE:HAPPY), the current Tax Rate % is 25.86% 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 Business Description

Address Kanganwal Road, Jaspal Banger, Ludhiana, PB, IND, 141122
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.
19GF Score

Get the complete analysis for NSE:HAPPY

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

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