Happy Forgings

Happy Forgings Net Debt per Share

The Net Debt per Share of Happy Forgings (HAPPYFORGE.NS) as of Oct 19, 2026 is 4.20 INR. In the previous year, Net Debt per Share was 1.26 INR — a change of 234.72% (higher).

Net Debt per Share

4.20INR

YoY

234.72%

Last updated:

Net Debt per Share of Happy Forgings is 2025 4.20 INR. Net Debt per Share of Happy Forgings was 2024 1.26 INR. It decreases by 234.72% higher compared to the previous year.

The Happy Forgings Net Debt per Share history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt per Share
Date
Net Debt per Share
Jan 1, 2019
8.24 INR
Jan 1, 2020
13.32 INR
Jan 1, 2021
25.33 INR
Jan 1, 2022
23.13 INR
Jan 1, 2023
2.26 INR
Jan 1, 2024
1.26 INR
Jan 1, 2025
4.20 INR
The Happy Forgings Net Debt per Share history
YEARNet Debt per ShareYoY
4.20INR+234.72%
1.26INR-44.51%
2.26INR-90.22%
23.13INR-8.67%
25.33INR+90.07%
13.32INR+61.64%
8.24INR—

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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

Net Debt per Share of Happy Forgings is 4.20 INR in 2025.

Net Debt per Share of Happy Forgings changed from 1.26 INR to 4.20 INR, representing a 234.72% change. The value is higher than the previous year.

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

Net debt per share divides net debt by shares outstanding, showing the debt burden attributable to each share after accounting for cash reserves.

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