Happy Forgings

Happy Forgings Interest Expense

The Interest Expense of Happy Forgings (HAPPYFORGE.NS) as of Oct 19, 2026 is 272.00 M INR. In the previous year, Interest Expense was 43.70 M INR — a change of 522.38% (higher).

Interest Expense

272.00 MINR

YoY

522.38%

Last updated:

Interest Expense of Happy Forgings is 2025 272.00 M INR. Interest Expense of Happy Forgings was 2024 43.70 M INR. It decreases by 522.38% higher compared to the previous year.

The Happy Forgings Interest Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Expense
Date
Interest Expense
Jan 1, 2022
14.56 M INR
Jan 1, 2023
-71.14 M INR
Jan 1, 2024
43.70 M INR
Jan 1, 2025
272.00 M INR
The Happy Forgings Interest Expense history
YEARInterest ExpenseYoY
272.00 MINR+522.38%
43.70 MINR-161.43%
-71.14 MINR-588.60%
14.56 MINR—

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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

Interest Expense of Happy Forgings is 272.00 M INR in 2025.

Interest Expense of Happy Forgings changed from 43.70 M INR to 272.00 M INR, representing a 522.38% change. The value is higher than the previous year.

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

Interest expense represents the cost of borrowing. Higher interest expenses can indicate a highly leveraged company.

Interest Expense's INR 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 Interest Expense's Happy Forgings historically and in real time.

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Income Statement — Happy Forgings

All Key Metrics — Happy Forgings