Happy Steels (NSE:HAPPY) Inventories, Work In Process: ₹183.8 Mil (As of Mar. 2026)

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NSE:HAPPY Happy Steels Ltd NSE:HAPPY
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Price ₹62.25
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What is Happy Steels Inventories, Work In Process?

Happy Steels NSE:HAPPY -0.32% 12 Inventories, Work In Process is ₹183.8 Mil as of Mar. 2026. GuruFocus rates NSE:HAPPY with a GF Score™ of 12/100.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Happy Steels's work in process for the quarter that ended in Mar. 2026 was ₹183.8 Mil.

Happy Steels Inventories, Work In Process Historical Data

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The historical data trend for Happy Steels's Inventories, Work In Process 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 Inventories, Work In Process Chart

Happy Steels Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Inventories, Work In Process
135.68 139.37 162.67 183.79

Happy Steels Quarterly Data
Mar23 Mar24 Mar25 Sep25 Mar26
Inventories, Work In Process 135.68 139.37 162.67 163.76 183.79
NSE:HAPPY
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Happy Steels Ltd NSE:HAPPY
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Steels Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of ₹183.8 Mil mean?
Happy Steels (NSE:HAPPY) has a Inventories, Work In Process of ₹183.8 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Happy Steels and its competitors.
Is Happy Steels' Inventories, Work In Process too high?
Happy Steels' current Inventories, Work In Process is ₹183.8 Mil. Overall, Happy Steels has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Happy Steels' Inventories, Work In Process compare to ORLY and AZO?
Happy Steels' Inventories, Work In Process of ₹183.8 Mil 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 Inventories, Work In Process for a Vehicles & Parts company?
A good Inventories, Work In Process depends on the Vehicles & Parts industry context. However, Inventories, Work In Process 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, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Happy Steels and its competitors. Happy Steels's current Inventories, Work In Process is ₹183.8 Mil. 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 Inventories, Work In Process of ₹183.8 Mil. The current Inventories, Work In Process is ₹183.8 Mil. Happy Steels' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Happy Steels (NSE:HAPPY), the current Inventories, Work In Process is ₹183.8 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 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.
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