Happy Forgings (NSE:HAPPYFORGE) Tax Rate %: 24.76% (As of Mar. 2026)

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NSE:HAPPYFORGE Happy Forgings Ltd NSE:HAPPYFORGE
46 GF Score
Price ₹1,817.00
! 5 Warning Signs
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What is Happy Forgings Tax Rate %?

Happy Forgings NSE:HAPPYFORGE +6.67% 46 Tax Rate % is 24.76% as of Mar. 2026. GuruFocus rates NSE:HAPPYFORGE with a GF Score™ of 46/100. The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Happy Forgings's Tax Expense for the three months ended in Mar. 2026 was ₹275 Mil. Happy Forgings's Pre-Tax Income for the three months ended in Mar. 2026 was ₹1,111 Mil. Therefore, Happy Forgings's Tax Rate % for the quarter that ended in Mar. 2026 was 24.76%.

Happy Forgings Tax Rate % Related Terms

Happy Forgings Tax Rate % Historical Data

* Premium members only.

The historical data trend for Happy Forgings'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 Forgings Tax Rate % Chart

Happy Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial 25.91 25.47 25.09 25.62 24.96

Happy Forgings Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 24.49 25.90 25.52 23.85 24.76
NSE:HAPPYFORGE
46GF Score
Happy Forgings Ltd NSE:HAPPYFORGE
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Forgings Tax Rate % Calculation

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

Happy Forgings'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 )
=1003.541/4019.826
=24.96 %

Happy Forgings'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 )
=275.019/1110.557
=24.76 %

* 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 24.76% mean?
Happy Forgings (NSE:HAPPYFORGE) has a Tax Rate % of 24.76% as of Mar. 2026.
Is Happy Forgings' Tax Rate % too high?
Happy Forgings' current Tax Rate % is 24.76%. 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 Rate % compare to CRS and ATI?
Happy Forgings' Tax Rate % of 24.76% 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 Rate % for an Industrial Products company?
A good Tax Rate % depends on the Industrial Products 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 Forgings's current Tax Rate % is 24.76%. 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 Rate % of 24.76%. The current Tax Rate % is 24.76%. 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 Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Happy Forgings (NSE:HAPPYFORGE), the current Tax Rate % is 24.76% 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 Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,817.00
Price