NSE ScannerCapital Goods & Machinery · Metal Fabrication · NSE: HAPPYFORGE · data 2026-11-01
Happy Forging Limited
In plain words
Price: 29.2% below its 52-week high of ₹2,470.
Delivery: 53.6% of traded shares were kept for delivery over the last 10 sessions, against 56.1% over the last 60.
Latest results: a net profit of ₹91 cr for the quarter ended Jun 2026 (+39.2% on the same quarter a year earlier).
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹1,642 cr |
| Net profit (last 12 months) | ₹327 cr |
| Sales growth, 3 years (yearly) | 9.5% |
| Profit growth, 3 years (yearly) | 13.1% |
At a glance
Promoters 78.4% (-0.1 pts in a year), pledged 0.0%, institutions 17.3%.
P/E 50.4, dividend yield 0.2%. Price relative to earnings and book value (low is cheaper, not better).
ROE 15.2%, ROCE 18.0%, operating margin 25.3%: how much profit it earns on the money it uses.
Debt/equity 0.15, Profit growth 13.1% and sales growth 9.5% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
- Healthy operating margin (25.3%).
None flagged by these rules.
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Latest results in brief (Q1 FY27)
HAPPYFORGE Q1 FY27 results (consolidated figures, as filed on NSE).
Revenue was ₹449.42 crore, up 27% YoY and up 6% QoQ.
Net profit was ₹91.46 crore, up 39.2% YoY and up 9.5% QoQ.
Operating margin was 31.3% (28.6% a year ago).
EPS was ₹9.7, up 39.2% YoY and up 9.5% QoQ.
HAPPYFORGE के Q1 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।
राजस्व: ₹449.42 करोड़; पिछले साल की तुलना में 27% की बढ़त, पिछली तिमाही की तुलना में 6% की बढ़त।
शुद्ध मुनाफ़ा: ₹91.46 करोड़; पिछले साल की तुलना में 39.2% की बढ़त, पिछली तिमाही की तुलना में 9.5% की बढ़त।
ऑपरेटिंग मार्जिन: 31.3% (एक साल पहले 28.6%)।
EPS: ₹9.7; पिछले साल की तुलना में 39.2% की बढ़त, पिछली तिमाही की तुलना में 9.5% की बढ़त।
HAPPYFORGEના Q1 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹449.42 કરોડ; ગયા વર્ષની સરખામણીએ 27% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 6% વધારો.
ચોખ્ખો નફો: ₹91.46 કરોડ; ગયા વર્ષની સરખામણીએ 39.2% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 9.5% વધારો.
ઓપરેટિંગ માર્જિન: 31.3% (એક વર્ષ પહેલાં 28.6%).
EPS: ₹9.7; ગયા વર્ષની સરખામણીએ 39.2% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 9.5% વધારો.
Written from the filed numbers. Not a recommendation.
Smart-money activity
14/100 · Weak over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 0/30: Delivery 55.4% over the last 20 sessions vs 54.6% in the 40 before (1.01x); shares delivered per day 0.86x usual; 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 9/15: 6 schemes hold it, about ₹1,107 cr in all (as of 2026-09-30). Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 0/15: No accumulation evidence row (only saved-scan stocks have one; 0 points).
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Results ● Dividend
- 4 Aug 26Results Q1 FY27 results: profit +39.2% YoY +6.9% next session
- 20 Jul 26Dividend Dividend ₹4 (ex-date) +1.0% next session
- 21 May 26Results Q4 FY26 results: profit +23.6% YoY -0.1% next session
- 9 Feb 26Results Q3 FY26 results: profit +22.3% YoY +5.0% next session
- 6 Nov 25Results Q2 FY26 results: profit +2.9% YoY 0.0% next session
- 9 Aug 25Results Q1 FY26 results: profit +3.0% YoY +1.3% next session
- 22 Jul 25Dividend Dividend ₹3 (ex-date) +2.6% next session
- 17 May 25Results Q4 FY25 results: profit +2.8% YoY -3.6% next session
- 8 Feb 25Results Q3 FY25 results: net profit ₹64.5 cr -2.9% next session
- 8 Nov 24Results Q2 FY25 results: net profit ₹71.4 cr -1.3% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Jun 2026 | ₹449 cr | ₹91 cr | +39.2% | 31.3% | 9.7 |
| Mar 2026 | ₹424 cr | ₹84 cr | +23.6% | 31.5% | 8.86 |
| Dec 2025 | ₹391 cr | ₹79 cr | +22.3% | 30.8% | 8.37 |
| Sept 2025 | ₹377 cr | ₹73 cr | +2.9% | 30.7% | 7.79 |
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 78.44% | 78.46% | 78.48% | 78.50% |
| Foreign institutions (FII) | 2.37% | 1.88% | 1.73% | 1.84% |
| Domestic institutions (DII) | 14.93% | 15.54% | 16.48% | 16.73% |
| Mutual funds | 13.37% | 13.86% | 14.63% | 11.59% |
| Retail investors | 3.33% | 3.15% | 2.55% | 2.46% |
| Number of shareholders | 65,550 | 64,341 | 57,815 | 61,484 |
Common questions
What was Happy Forging Limited's latest quarterly profit?
Happy Forging Limited reported a net profit of ₹91 cr for the quarter ended Jun 2026 (+39.2% on the same quarter a year earlier), on revenue of ₹449 cr.
How much do promoters hold in Happy Forging Limited?
Promoters held 78.44% of Happy Forging Limited at the end of Sept 2026, with 0.00% of promoter shares pledged.
Is Happy Forging Limited debt-free?
Its latest reported debt-to-equity ratio is 0.15.
What is Happy Forging Limited's P/E ratio?
About 50.4, based on the last 12 months' earnings and a price of ₹1,748.2 (data 2026-11-01).
What is the 52-week high and low of Happy Forging Limited?
The 52-week high is ₹2,470 and the 52-week low is ₹976.
Mutual funds holding Happy Forging Limited
From the monthly portfolios of the fund houses the site reads, as of 2026-09-30. 6 schemes holding about ₹1,107 cr; funds that hold it outside their top holdings may not be listed.
| Scheme | Fund house | % of fund | Value |
|---|---|---|---|
| SBI Smallcap Fund | SBI Mutual Fund | 1.86% | ₹764 cr |
| SBI Automotive Opportunities Fund | SBI Mutual Fund | 2.86% | ₹174 cr |
| Nippon India Flexi Cap Fund | Nippon India Mutual Fund | 0.89% | ₹82 cr |
| ADITYA BIRLA SUN LIFE TRANSPORTATION AND LOGISTICS FUND | Aditya Birla Sun Life Mutual Fund | 2.80% | ₹48 cr |
| ADITYA BIRLA SUN LIFE MANUFACTURING EQUITY FUND | Aditya Birla Sun Life Mutual Fund | 2.12% | ₹29 cr |
| ADITYA BIRLA SUN LIFE DIVIDEND YIELD FUND | Aditya Birla Sun Life Mutual Fund | 0.75% | ₹10 cr |
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Happy Forging Limited | ₹1,748.2 | ₹16,481 cr | 50.4 | — | 15.2% | 18% | 0.15 | +70.9% |
| Zetwerk Manufacturing Businesses Limited | ₹163.04 | ₹27,659 cr | — | 5.3 | -21.9% | 2.8% | 0.5 | +2.4% |
| Jyoti Cnc Automation Limited | ₹905.6 | ₹20,602 cr | 64 | — | 18.2% | 23% | 0.43 | +4.4% |
| Azad Engineering Limited | ₹2,445.3 | ₹15,788 cr | 113.6 | — | 9.1% | 9.7% | 0.31 | +44.2% |
| Usha Martin Limited | ₹445.9 | ₹13,526 cr | 26.8 | — | 16.3% | 19.3% | 0.07 | -4.1% |
| Ramkrishna Forgings Ltd | ₹646.9 | ₹11,771 cr | 63.7 | 3.3 | 2.3% | 4.2% | 0.75 | +18.4% |
Compare HAPPYFORGE with ZETWERK in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
Open HAPPYFORGE in NSE Scanner →