Happy Forgings

Happy Forgings ROE

The Return on Equity (ROE) of Happy Forgings (HAPPYFORGE.NS) as of Oct 19, 2026 is 14.17 %. In the previous year, Return on Equity (ROE) was 14.46 % — a change of -1.98% (lower).

ROE

14.17 %

YoY

-1.98%

Last updated:

In 2025, Happy Forgings's return on equity (ROE) was 14.17 %, a -1.98% increase from the 14.46 % ROE in the previous year.

The Happy Forgings ROE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROE
Date
ROE
Jan 1, 2019
14.31 INR
Jan 1, 2020
13.40 INR
Jan 1, 2021
18.07 INR
Jan 1, 2022
21.12 INR
Jan 1, 2023
15.07 INR
Jan 1, 2024
14.46 INR
Jan 1, 2025
14.17 INR
The Happy Forgings ROE history
YEARROEYoY
14.17 %-1.98%
14.46 %-4.04%
15.07 %-28.64%
21.12 %+16.89%
18.07 %+34.82%
13.40 %-6.39%
14.31 %—

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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.

ROE Details

Decoding Happy Forgings's Return on Equity (ROE)

Happy Forgings's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Happy Forgings's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Happy Forgings's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Happy Forgings’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Happy Forgings stock

Return on Equity (ROE) of Happy Forgings is 14.17 % in 2025.

Return on Equity (ROE) of Happy Forgings changed from 14.46 % to 14.17 %, representing a -1.98% change. The value is lower than the previous year.

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

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

To evaluate Return on Equity (ROE)'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 Equity (ROE).

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Profitability — Happy Forgings

All Key Metrics — Happy Forgings