Happy Forgings

Happy Forgings Net Tangible Assets

The Net Tangible Assets of Happy Forgings (HAPPYFORGE.NS) as of Oct 19, 2026 is 21.28 B INR. In the previous year, Net Tangible Assets was 18.50 B INR — a change of 15.06% (higher).

Net Tangible Assets

21.28 BINR

YoY

15.06%

Last updated:

Net Tangible Assets of Happy Forgings is 2025 21.28 B INR. Net Tangible Assets of Happy Forgings was 2024 18.50 B INR. It decreases by 15.06% higher compared to the previous year.

The Happy Forgings Net Tangible Assets history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Tangible Assets
Date
Net Tangible Assets
Jan 1, 2019
5.58 B INR
Jan 1, 2020
6.45 B INR
Jan 1, 2021
7.88 B INR
Jan 1, 2022
9.88 B INR
Jan 1, 2023
16.12 B INR
Jan 1, 2024
18.50 B INR
Jan 1, 2025
21.28 B INR
The Happy Forgings Net Tangible Assets history
YEARNet Tangible AssetsYoY
21.28 BINR+15.06%
18.50 BINR+14.70%
16.12 BINR+63.16%
9.88 BINR+25.48%
7.88 BINR+22.08%
6.45 BINR+15.52%
5.58 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

Net Tangible Assets of Happy Forgings is 21.28 B INR in 2025.

Net Tangible Assets of Happy Forgings changed from 18.50 B INR to 21.28 B INR, representing a 15.06% change. The value is higher than the previous year.

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

Net tangible assets equal total assets minus intangible assets, goodwill, and liabilities. They represent the physical asset backing of a company.

Net Tangible Assets'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 Net Tangible Assets's Happy Forgings historically and in real time.

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Balance Sheet — Happy Forgings

All Key Metrics — Happy Forgings