Happy Forgings

Happy Forgings Liabilities

The The Liabilities of Happy Forgings (HAPPYFORGE.NS) as of Oct 19, 2026 is 5.05 B INR. In the previous year, The Liabilities was 3.66 B INR — a change of 38.01% (higher).

Liabilities

5.05 BINR

YoY

38.01%

Last updated:

In 2025, Happy Forgings's total liabilities amounted to 5.05 B INR, a 38.01% difference from the 3.66 B INR total liabilities in the previous year.

The Happy Forgings Liabilities history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Liabilities
Date
Liabilities
Jan 1, 2019
2.05 B INR
Jan 1, 2020
2.31 B INR
Jan 1, 2021
3.42 B INR
Jan 1, 2022
3.38 B INR
Jan 1, 2023
2.73 B INR
Jan 1, 2024
3.66 B INR
Jan 1, 2025
5.05 B INR
The Happy Forgings Liabilities history
YEARLiabilitiesYoY
5.05 BINR+38.01%
3.66 BINR+33.72%
2.73 BINR-19.06%
3.38 BINR-1.28%
3.42 BINR+48.01%
2.31 BINR+13.05%
2.05 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.

Liabilities Details

Assessing Happy Forgings's Liabilities

Happy Forgings's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Happy Forgings's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Happy Forgings's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Happy Forgings's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Happy Forgings’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Happy Forgings stock

The Liabilities of Happy Forgings is 5.05 B INR in 2025.

The Liabilities of Happy Forgings changed from 3.66 B INR to 5.05 B INR, representing a 38.01% change. The value is higher than the previous year.

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

The Liabilities'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 The Liabilities's Happy Forgings historically and in real time.

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Balance Sheet — Happy Forgings

All Key Metrics — Happy Forgings