Happy Forgings

Happy Forgings Quick Ratio

The Quick Ratio (Acid Test) of Happy Forgings (HAPPYFORGE.NS) as of Oct 19, 2026 is 1.23. In the previous year, Quick Ratio (Acid Test) was 2.11 — a change of -41.86% (lower).

Quick Ratio

1.23

YoY

-41.86%

Last updated:

Quick Ratio (Acid Test) of Happy Forgings is 2025 1.23 . Quick Ratio (Acid Test) of Happy Forgings was 2024 2.11 . It decreases by -41.86% lower compared to the previous year.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

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

Quick Ratio (Acid Test) of Happy Forgings is 1.23 in 2025.

Quick Ratio (Acid Test) of Happy Forgings changed from 2.11 to 1.23, representing a -41.86% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Happy Forgings since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Happy Forgings with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Leverage — Happy Forgings

All Key Metrics — Happy Forgings