Happy Forgings (NSE:HAPPYFORGE) Total Liabilities: ₹5,047 Mil (As of Mar. 2026)


NSE:HAPPYFORGE Happy Forgings Ltd NSE:HAPPYFORGE
47 GF Score
Price ₹1,564.10
! 6 Warning Signs
View Full Analysis

What is Happy Forgings Total Liabilities?

Happy Forgings NSE:HAPPYFORGE +2.85% 47 Total Liabilities is ₹5,047 Mil as of Mar. 2026. GuruFocus rates NSE:HAPPYFORGE with a GF Score™ of 47/100. The stock has 6 warning signs investors should review.

Happy Forgings's Total Liabilities for the quarter that ended in Mar. 2026 was ₹5,047 Mil.

Happy Forgings's quarterly Total Liabilities declined from Sep. 2025 (₹3,414.39 Mil) to Dec. 2025 (₹0.00 Mil) but then increased from Dec. 2025 (₹0.00 Mil) to Mar. 2026 (₹5,046.83 Mil).

Happy Forgings's annual Total Liabilities increased from Mar. 2024 (₹2,734.59 Mil) to Mar. 2025 (₹3,656.77 Mil) and increased from Mar. 2025 (₹3,656.77 Mil) to Mar. 2026 (₹5,046.83 Mil).


Happy Forgings Total Liabilities Historical Data

* Premium members only.

The historical data trend for Happy Forgings's Total Liabilities 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 Total Liabilities Chart

Happy Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Liabilities
Get a 7-Day Free Trial 3,422.45 3,378.65 2,734.59 3,656.77 5,046.83

Happy Forgings Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Liabilities 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 3,656.77 0.00 3,414.39 0.00 5,046.83
NSE:HAPPYFORGE
47GF Score
Happy Forgings Ltd NSE:HAPPYFORGE
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Happy Forgings Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=4556.892+(0+489.935
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=5,047

Total Liabilities=Total Assets (A: Mar. 2026 )-Total Equity (A: Mar. 2026 )
=26328.077-21281.25
=5,047

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=4556.892+(0+489.935
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=5,047

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=26328.077-21281.25
=5,047

* 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 Total Liabilities →
What does a Total Liabilities of ₹5,047 Mil mean?
Happy Forgings (NSE:HAPPYFORGE) has a Total Liabilities of ₹5,047 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Happy Forgings and its competitors.
Is Happy Forgings' Total Liabilities too high?
Happy Forgings' current Total Liabilities is ₹5,047 Mil. Overall, Happy Forgings has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Happy Forgings' Total Liabilities compare to CRS and ATI?
Happy Forgings' Total Liabilities of ₹5,047 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 Total Liabilities for an Industrial Products company?
A good Total Liabilities depends on the Industrial Products industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Happy Forgings and its competitors. Happy Forgings's current Total Liabilities is ₹5,047 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 Total Liabilities of ₹5,047 Mil. The current Total Liabilities is ₹5,047 Mil. Happy Forgings' overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Happy Forgings (NSE:HAPPYFORGE), the current Total Liabilities is ₹5,047 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.
47GF Score

Get the complete analysis for NSE:HAPPYFORGE

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

₹1,564.10
Price