FinanceCity
DiversifiedNSE · BSE

Happy Forgings Limited

HAPPYFORGE · ISIN INE330T01021

Share price

₹1,350 -0.30%

Market capitalisation

₹12736 CrClosed

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01 · Key metrics

Market cap

₹12736 Cr

Current price

₹1,350

-0.30% today

52W high

₹1,490

52W low

₹862

Stock P/E

42.25

P/B ratio

5.98

02 · Per share & returns

EPS (TTM)

₹31.95

Book value

₹226

ROE

15.16%

ROA

9.84%

Dividend yield

0.30%

Beta

0.87

03 · Financials (TTM)

By the numbers

Revenue

₹1546 Cr

+20.40% YoY

EBITDA

₹471 Cr

Net profit

₹302 Cr

+23.00% YoY

Profit margin

19.50%

Operating margin

25.68%

Total debt

₹330 Cr

Total cash

₹290 Cr

Debt / equity

0.15x

Current ratio

2.35x

Payout ratio

9.40%

04 · Analyst view

Target price

₹1,455

Upside

+7.81%

Consensus

NONE

Analysts

7

05 · Shareholding pattern

Who owns HAPPYFORGE?

  • Promoters

    78.48%

    Founders & promoter group

  • Institutions

    20.18%

    FII + DII

  • Public

    1.34%

    Retail & non-institutional

As of 31 Mar 2026 · Source: NSE corporate filings

06 · Registration & listing

On the record

Symbol
HAPPYFORGE
Exchange
NSE · BSE
CIN
ISIN
INE330T01021
BSE code
544057
Sector
Diversified
Industry
Capital Goods
Face value
₹2
Listing date
26 Dec 2023
Employees
Headquarters
Ludhiana, India

07 · About

What is Happy Forgings Limited?

Happy Forgings Limited manufactures and sells forgings and related components in India and internationally. The company offers crankshafts; differential cases; front axle beams and steering knuckles; railway parts, including camshafts, connecting rods, piston pins, spacers, and others; brake flanges and suspension brackets; transmission parts, such as shafts and spindles, crown wheels and pinions, rings, and connecting rods. It also offers windmill application products, including planet carrier, pinion shaft, and housing; oil and gas component, such as valve body; and bicycle pedals. It serves the original equipment manufacturers, manufacturers of commercial and passenger vehicles, farm equipment, and off highway and industrial equipment, as well as machinery for oil and gas, aerospace, power generation, railways, and wind turbine industries. Happy Forgings Limited was incorporated in 1979 and is based in Ludhiana, India.

08 · Common questions

Frequently asked

What is the CIN of Happy Forgings Limited?+

The Corporate Identity Number for Happy Forgings Limited is published in the MCA21 corporate master. FinanceCity backfills CIN values during weekly refreshes.

Who are the promoters of Happy Forgings Limited?+

Promoter holding in HAPPYFORGE is approximately 78.48%, as disclosed in the latest published shareholding pattern.

What is the market capitalisation of Happy Forgings Limited?+

Happy Forgings Limited (HAPPYFORGE) has a market capitalisation of approximately ₹12736 Cr, reflecting the most recent weekly refresh from the BSE scrip master.

09 · Adjacent

Other diversified listings

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