Happy Forgings

Happy Forgings Debt Growth

The Year-over-Year Debt Growth of Happy Forgings (HAPPYFORGE.NS) as of Oct 19, 2026 is 44.58 %. In the previous year, Year-over-Year Debt Growth was 59.43 % — a change of -24.99% (lower).

Debt Growth

44.58 %

YoY

-24.99%

Last updated:

Year-over-Year Debt Growth of Happy Forgings is 2025 44.58 % . Year-over-Year Debt Growth of Happy Forgings was 2024 59.43 % . It decreases by -24.99% lower compared to the previous year.

The Happy Forgings Debt Growth history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Debt Growth
Date
Debt Growth
Jan 1, 2020
29.62 INR
Jan 1, 2021
56.61 INR
Jan 1, 2022
-9.09 INR
Jan 1, 2023
-34.56 INR
Jan 1, 2024
59.43 INR
Jan 1, 2025
44.58 INR
The Happy Forgings Debt Growth history
YEARDebt GrowthYoY
44.58 %-24.99%
59.43 %-271.97%
-34.56 %+280.35%
-9.09 %-116.05%
56.61 %+91.14%
29.62 %—

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Happy Forgings Stock analysis

What does Happy Forgings do? Happy Forgings Ltd is an Indian company headquartered in Ludhiana, Punjab, operating in the Industrials sector within the Machinery industry. The company went public via an IPO on December 27, 2023. It manufactures heavy forged and high precision machined components, including crankshafts, differential cases, front axle components, railway parts, suspension products, transmission parts, and windmill application products. Among its windmill products, the company produces three critical components: the planet carrier, pinion shaft, and housing. For railway applications, it offers components such as camshafts, connecting rods, piston pins, and spacers. Happy Forgings Ltd primarily serves domestic and global original equipment manufacturers (OEMs) in the automotive sector, particularly those producing commercial vehicles. The company also supplies manufacturers of farm equipment, off-highway vehicles, and industrial equipment for sectors including oil and gas, power generation, railways, and wind turbines. Its website is https://happyforgingsltd.com. The company's ISIN is INE330T01021, and it trades under the ticker HAPPYFORGE.NS on the Indian stock market. Happy Forgings is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Happy Forgings stock

Year-over-Year Debt Growth of Happy Forgings is 44.58 % in 2025.

On Eulerpool you can find the complete historical development of Year-over-Year Debt Growth Happy Forgings since 2006 – with annual values, charts, and detailed analysis.

Debt growth measures the percentage change in total debt. Rising debt growth should be compared with revenue and earnings growth to assess sustainability.

To evaluate Year-over-Year Debt Growth's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Year-over-Year Debt Growth.

Year-over-Year Debt Growth's is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Year-over-Year Debt Growth's Happy Forgings historically and in real time.

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Growth — Happy Forgings

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