TRINETRA › Sectors › Capital Goods
Happy Forgings Limited (HAPPYFORGE) — share price, P/E and fundamentals
Happy Forgings Limited (NSE: HAPPYFORGE) closed at ₹1,749.00 on 30 Oct 2026, +80.6% over one year, against a 52-week range of ₹961.50 – ₹2,470.00.
In the quarter ended 30 Jun 2026 (consolidated, filed 4 Aug 2026) it reported revenue of ₹449 cr and net profit of ₹91 cr, a 20.4% net margin; revenue grew 27.0% and profit grew 38.3% year on year.
On four consecutive filed quarters its trailing P/E is 50.4; since 19 May 2025 its own P/E has ranged from 28.7 to 69.7 (median 39.6), and today's reading is higher than 82% of those 359 trading days.
From the balance sheet dated 31 Mar 2026: return on equity 17.2%, ROCE 23.1%, debt-to-equity 0.15, Piotroski F-score 5 of 9.
Against 120 Capital Goods peers on NSE: Net margin higher than 90% of 117 sector peers; PBT margin higher than 92% of 119 sector peers; ROE higher than 64% of 113 sector peers.
Key figures
| Last close | ₹1,749.00 (30 Oct 2026) |
|---|---|
| Change 1 month / 6 months / 1 year | -16.1% / +32.3% / +80.6% |
| 52-week low – high | ₹961.50 – ₹2,470.00 |
| Market capitalisation | ₹16,507 cr |
| Trailing P/E | 50.4 |
| Price / book | 7.76 |
| EV / EBITDA | 31.0 |
| Earnings yield | 2.0% |
| TTM EPS | ₹34.69 |
| TTM net profit | ₹327 cr |
| Quarter revenue | ₹449 cr |
| Quarter net profit | ₹91 cr |
| Net margin | 20.4% |
| Revenue growth (YoY) | +27.0% |
| Profit growth (YoY) | +38.3% |
| Return on equity | 17.2% |
| ROCE | 23.1% |
| Debt / equity | 0.15 |
| Current ratio | 2.35 |
| Free cash flow | ₹-10 cr |
| Piotroski F-score | 5 / 9 |
| Average daily turnover (50 days) | ₹16.0 cr |
Against Capital Goods peers
| Metric | HAPPYFORGE | Peer median | Percentile |
|---|---|---|---|
| Net margin | 20.35 | 9.87 | 90 |
| PBT margin | 27.29 | 13.20 | 92 |
| ROE | 17.19 | 14.68 | 64 |
| ROCE | 23.09 | 17.68 | 68 |
| Debt / equity | 0.15 | 0.09 | 56 |
| Cash conversion | 1.47 | 0.71 | 79 |
| Trailing P/E | 50.42 | 42.46 | 65 |
| P/B | 7.76 | 6.14 | 61 |
Questions
What is the P/E ratio of Happy Forgings Limited?
Happy Forgings Limited's trailing P/E is 50.4, using the close of 30 Oct 2026 and earnings over the four filed quarters to 30 Jun 2026. Since 19 May 2025 its P/E has ranged 28.7–69.7.
What were Happy Forgings Limited's latest quarterly results?
For the quarter ended 30 Jun 2026, Happy Forgings Limited reported revenue of ₹449 cr and net profit of ₹91 cr (consolidated), filed with the exchange on 4 Aug 2026.
What is Happy Forgings Limited's ROE?
Return on equity is 17.2% based on the balance sheet dated 31 Mar 2026.
Does Happy Forgings Limited have debt?
Debt-to-equity is 0.15 on the balance sheet dated 31 Mar 2026.
What is HAPPYFORGE's 52-week high and low?
Over the last 52 weeks to 30 Oct 2026, HAPPYFORGE traded between ₹961.50 and ₹2,470.00.
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Source: consolidated SEBI Integrated Filing for the quarter ended 30 Jun 2026 and NSE daily closes. Open the interactive terminal view for charts and the full statements.
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