HAPPY FORGINGS LIMITED (HAPPYFORGE)

NSE: ₹1,386.80
BSE: ₹1,388.90
Stock Performance
Corporate Announcements
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Quarterly Financials

Consolidated Standalone
Particulars Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Revenue from Operations 343.34 341.47 361.13 354.32 351.97 353.80 377.39 391.31 423.84
YOY Revenue Growth % - - - - 2.51% 3.61% 4.5% 10.44% 20.42%
Other Income 7.20 7.61 13.08 6.62 10.03 10.35 6.25 8.16 6.05
Total Income 350.54 349.07 374.21 360.94 362.00 364.15 383.64 399.47 429.89
Total Expenses + 263.09 263.25 276.99 274.12 272.43 275.51 285.03 295.80 318.82
Cost of Materials Consumed 144.63 144.25 165.11 148.95 144.48 145.75 149.10 153.93 157.99
Employee Benefit Expense 29.54 29.00 30.72 32.85 32.25 32.09 33.72 34.39 36.39
Other Expenses 67.32 66.26 76.42 71.12 71.91 71.69 78.10 75.64 81.82
Operating Profit 80.26 78.22 84.14 80.20 79.54 78.29 92.35 95.51 105.02
OPM % 23.4% 22.9% 23.3% 22.6% 22.6% 22.1% 24.5% 24.4% 24.8%
Profit Before Tax + 87.46 85.82 97.22 86.82 89.56 88.64 98.60 103.67 111.07
Tax Expense 21.67 22.02 25.85 22.27 21.93 22.96 25.17 24.73 27.50
Tax % 24.8% 25.7% 26.6% 25.7% 24.5% 25.9% 25.5% 23.9% 24.8%
Profit After Tax 65.78 63.80 71.37 64.55 67.63 65.69 73.44 78.94 83.56
EPS (Basic) 7.25 6.77 7.58 6.85 7.18 6.97 7.79 8.37 8.86

Yearly Financial Results

Consolidated Standalone
Particulars Mar 2026 Mar 2025 Mar 2024
Revenue from Operations 1,546.34 1,408.89 1,358.24
YOY Revenue Growth % 9.76% 3.73% -
Other Income 30.81 37.45 13.35
Total Income 1,577.15 1,446.34 1,371.59
Total Expenses + 1,175.16 1,086.79 1,047.20
Cost of Materials Consumed 606.77 602.78 629.73
Employee Benefit Expense 136.58 124.82 114.46
Other Expenses 307.26 285.71 259.64
Operating Profit 371.17 322.10 311.03
OPM % 24% 22.9% 22.9%
Profit Before Exceptional 401.98 359.55 324.39
Exceptional Items 0.00 0.00 0.00
Profit Before Tax + 401.98 359.55 324.39
Tax Expense 100.35 92.12 81.40
Tax % 25% 25.6% 25.1%
Profit After Tax 301.63 267.44 242.98
EPS (Basic) 31.99 28.39 26.78

Balance Sheet

Particulars Mar 2026 Mar 2025 Mar 2024
ASSETS
Non-Current Assets + 1,561.71 1,296.59 1,144.20
Property, Plant & Equipment 1,097.38 899.60 742.47
Capital Work in Progress 229.41 116.39 121.94
Non-Current Investments 0.00 0.00 0.00
Goodwill 0.00 0.00 0.00
Other Intangible Assets 11.04 8.12 1.20
Current Assets + 1,071.10 918.64 741.75
Inventories 232.76 232.42 224.17
Trade Receivables 394.78 426.54 356.92
Cash and Cash Equivalents 25.72 12.95 0.64
Current Investments 237.03 79.58 0.00
LIABILITIES & EQUITY
Total Equity 2,128.13 1,849.55 1,612.49
Equity Share Capital 18.87 18.85 18.84
Other Equity 2,109.26 1,830.70 1,593.65
Non-Current Liabilities 48.99 39.33 31.62
Current Liabilities 455.69 326.35 241.84
Total Liabilities 504.68 365.68 273.46

Cash Flow Statement

Particulars Mar 2026 Mar 2025 Mar 2024
Cash from Operating Activities 444.67 292.33 189.02
Cash from Investing Activities -496.83 -320.20 -469.31
Cash from Financing Activities 64.93 40.17 280.92
Net Increase/Decrease in Cash 12.77 12.30 0.63