Happy Forgings

Happy Forgings Gross Margin

The Gross Margin of Happy Forgings (HAPPYFORGE.NS) as of Oct 19, 2026 is 44.55 %. In the previous year, Gross Margin was 47.20 % — a change of -5.61% (lower).

Gross Margin

44.55 %

YoY

-5.61%

Last updated:

Gross Margin of Happy Forgings is 2025 44.55 % . Gross Margin of Happy Forgings was 2024 47.20 % . It decreases by -5.61% lower compared to the previous year.

Happy Forgings's gross margin stands at 44.6%, broadly stable from 44.6% several years earlier.

The Happy Forgings Gross Margin history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Gross Margin
Date
Gross Margin
Jan 1, 2019
53.24 INR
Jan 1, 2020
47.26 INR
Jan 1, 2021
44.57 INR
Jan 1, 2022
42.45 INR
Jan 1, 2023
45.48 INR
Jan 1, 2024
47.20 INR
Jan 1, 2025
44.55 INR
The Happy Forgings Gross Margin history
YEARGross MarginYoY
44.55 %-5.61%
47.20 %+3.77%
45.48 %+7.15%
42.45 %-4.76%
44.57 %-5.70%
47.26 %-11.22%
53.24 %—

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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

Gross Margin of Happy Forgings is 44.55 % in 2025.

Gross Margin of Happy Forgings changed from 47.20 % to 44.55 %, representing a -5.61% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Gross Margin Happy Forgings since 2006 – with annual values, charts, and detailed analysis.

Gross Margin measures the percentage of revenue remaining after COGS. Higher gross margins indicate more efficient production and stronger pricing power.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Gross Margin's Happy Forgings with sector peers and the industry average to assess whether it is attractive.

To evaluate Gross Margin's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Gross Margin.

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Margins — Happy Forgings

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