Happy Forgings

Happy Forgings ROA

The Return on Assets (ROA) of Happy Forgings (HAPPYFORGE.NS) as of Oct 19, 2026 is 11.46 %. In the previous year, Return on Assets (ROA) was 12.07 % — a change of -5.10% (lower).

ROA

11.46 %

YoY

-5.10%

Last updated:

In 2025, Happy Forgings's return on assets (ROA) was 11.46 %, a -5.10% increase from the 12.07 % ROA in the previous year.

The Happy Forgings ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2019
10.48 INR
Jan 1, 2020
9.86 INR
Jan 1, 2021
12.59 INR
Jan 1, 2022
15.74 INR
Jan 1, 2023
12.88 INR
Jan 1, 2024
12.07 INR
Jan 1, 2025
11.46 INR
The Happy Forgings ROA history
YEARROAYoY
11.46 %-5.10%
12.07 %-6.30%
12.88 %-18.13%
15.74 %+24.96%
12.59 %+27.67%
9.86 %-5.85%
10.48 %—

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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.

ROA Details

Understanding Happy Forgings's Return on Assets (ROA)

Happy Forgings's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Happy Forgings's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Happy Forgings's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Happy Forgings’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Happy Forgings stock

Return on Assets (ROA) of Happy Forgings is 11.46 % in 2025.

Return on Assets (ROA) of Happy Forgings changed from 12.07 % to 11.46 %, representing a -5.10% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Happy Forgings since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

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

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — Happy Forgings

All Key Metrics — Happy Forgings