Happy Forgings

Happy Forgings Enterprise Value

The Enterprise Value (EV) of Happy Forgings (HAPPYFORGE.NS) as of Oct 19, 2026 is 121.33 B INR. In the previous year, Enterprise Value (EV) was 121.05 B INR — a change of 0.23% (higher).

Enterprise Value

121.33 BINR

YoY

0.23%

Last updated:

Enterprise Value (EV) of Happy Forgings is 2025 121.33 B INR. Enterprise Value (EV) of Happy Forgings was 2024 121.05 B INR. It decreases by 0.23% higher compared to the previous year.

The Happy Forgings Enterprise Value history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Enterprise Value
Date
Enterprise Value
Jan 1, 2019
121.71 B INR
Jan 1, 2020
122.19 B INR
Jan 1, 2021
123.32 B INR
Jan 1, 2022
123.11 B INR
Jan 1, 2023
121.15 B INR
Jan 1, 2024
121.05 B INR
Jan 1, 2025
121.33 B INR
The Happy Forgings Enterprise Value history
YEAREnterprise ValueYoY
121.33 BINR+0.23%
121.05 BINR-0.08%
121.15 BINR-1.60%
123.11 BINR-0.17%
123.32 BINR+0.93%
122.19 BINR+0.39%
121.71 BINR—

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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

Enterprise Value (EV) of Happy Forgings is 121.33 B INR in 2025.

Enterprise Value (EV) of Happy Forgings changed from 121.05 B INR to 121.33 B INR, representing a 0.23% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Enterprise Value (EV) Happy Forgings since 2006 – with annual values, charts, and detailed analysis.

Enterprise Value represents the total value of a company, including both equity and debt, minus cash. It provides a more comprehensive picture than market capitalization alone.

EV = Market Capitalization + Total Debt - Cash & Equivalents

To evaluate Enterprise Value (EV)'s INR, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Enterprise Value (EV).

A 'good' INR varies by industry and company stage. On Eulerpool, you can compare Enterprise Value (EV)'s Happy Forgings with sector peers and the industry average to assess whether it is attractive.

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Valuation — Happy Forgings

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