Happy Forgings (HAPPYFORGE.NS) Stock Price

Happy Forgings Price

CLOSED
1,748.20
​
Market closed

Revenue has compounded at 18.5% per year over the past 6 years to 15.46 B INR. Earnings per share have grown at 24.8% per year over the last 6 years. Happy Forgings's net margin stands at 19.5%, up from 17.9% several years earlier. Happy Forgings currently offers a dividend yield of about 0.17%. The payout ratio is around 9% of earnings. Analysts set a median price target of 1,229.10 INR, implying 29.7% below the current price. Of 12 analysts, 10 rate the stock a buy — an overall Buy consensus.

Happy Forgings stock price

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Happy Forgings business model & stock analysis

Happy Forgings Ltd manufactures heavy forged and high precision machined components including crankshafts, differential cases, front axle components, railway parts, suspension products, and transmission parts. The company also produces windmill application products such as planet carriers, pinion shafts, and housings. Its primary customers are domestic and global original equipment manufacturers (OEMs) in the automotive sector, along with manufacturers of farm equipment, off-highway vehicles, and industrial machinery for oil and gas, power generation, railways, and wind turbine industries. The company generates revenue by supplying these specialized components to OEMs and industrial manufacturers. Its product portfolio targets key sectors including automotive, farm equipment, off-highway vehicles, oil and gas, power generation, railways, and wind turbines. Happy Forgings Ltd focuses on delivering high-quality, precision-engineered parts that meet the demanding requirements of these industries. Revenue streams are derived from sales of forged components for commercial vehicles, railway systems, and renewable energy applications like windmills. The firm’s windmill application products, comprising three critical components, serve the growing wind turbine industry. Additionally, railway parts such as camshafts, connecting rods, piston pins, and spacers are supplied to manufacturers requiring durable, high-performance parts for rail applications.

Frequently asked questions about Happy Forgings

Analysts currently set an average price target of 1,186.26 INR for the Happy Forgings stock (median: 1,229.10 INR), implying -32.3 % versus the latest price. The consensus is based on 12 analyst ratings.

12 analysts currently rate the Happy Forgings stock: 10 recommend buying, 1 holding and 1 selling. For 2026, analysts expect Happy Forgings to generate revenue of 15.30 B INR and earnings per share of 31.32 INR.

Converted at the current exchange rate, the Happy Forgings share trades at 16.49 EUR (1,748.20 INR).

The expected revenue of Happy Forgings is 15.30 B INR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Happy Forgings is 2.96 B INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Happy Forgings is currently 55.82. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Happy Forgings stock.

The price-to-sales ratio (P/S) of Happy Forgings is currently 10.79. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Happy Forgings stock.

The Eulerpool Quality Score for Happy Forgings is 5/10.

The ISIN of Happy Forgings is INE330T01021. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Happy Forgings is HAPPYFORGE.NS. The ticker symbol is used to trade Happy Forgings shares on the stock exchange.

Fair ValueTerminal
1,748.20 INR
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Machinery
Number of shares
Employees
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
INR
Initial public offering
Dec 27, 2023
ISIN
INE330T01021
Cusip
Y306B9110
Market capitalization
164.91 B INRLarge Cap
52-Week Range
PEG
3.96
P/E ratio
P/Ee 2026
55.76
P/Ee 2026
41.74
P/Ee 2027
33.58
P/Ee 2028
27.18
P/Ee 2029
29.18
P/Se
10.79
EV/EBIT
40.65
P/B Ratio
7.75
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
12.27 %
Dividend
Dividend yield
0.17 %
Est. Dividend Yield
0.17 %
Payout Ratio
9.39 %
Dividend growth Ø5Y
—
Dividend payments per year
1
Dividend paid since
2 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
20.00 %
Last updated Nov 4, 2026, 3:46 AM

Happy Forgings Peer Group