HAPPYFORGE2,226.10

Happy Forgings Limited

· Capital Goods & Defence
₹ CrorePeersSTEELCASNELCASTSGILKALYANIFRGHILTONMcap ₹21,003 Cr
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In ₹ Crore except Per Share
12 Months Ending
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Last 12M
30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation64.777.189.0
+ Finance Costs11.87.510.5
+ Interest Income-7.7-23.7-16.0
+ Fair Value (Gains) / Losses-2.5-0.0-4.6
+ Share-based Payments5.75.12.5
+ Unrealised FX (Gain) / Loss-1.3-1.9-3.7
+ Other Non-cash Items0.50.61.5
+ Other — Cash Effects are Investing / Financing0.30.00.0
+ Other Reconciling Items0.00.0-1.5
Changes in Working Capital
+ Inventories-54.6-8.3-0.3
+ Trade Receivables — Current-48.0-67.034.6
+ Other Financial Assets — Current-5.3-8.70.0
+ Other Financial Assets — Non-current-12.422.00.0
+ Other Current Assets-20.516.84.4
+ Other Non-current Assets-0.30.30.0
+ Trade Payables — Current7.8-10.214.1
+ Other Financial Liabilities — Current0.0-4.30.5
+ Other Financial Liabilities — Non-current7.90.00.0
+ Other Current Liabilities1.410.26.3
+ Provisions — Current0.90.7-1.4
Cash from Operating Activities
Profit Before Tax (per I/S)324.4359.6402.0436.0
+ Total Adjustments (incl. Working Capital)-51.516.0135.9
Cash from Operations (pre-tax)272.9375.6537.9
+ Income Taxes Paid83.983.293.2
Cash from Operating Activities189.0292.3444.7
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)194.1271.1454.3
+ Acq of Intangible Assets0.09.76.9
+ Disp of Fixed Assets0.00.30.2
+ Acq of Other Long-term Assets321.5344.70.0
+ Disp of Other Long-term Assets45.0364.50.0
+ Purchase of Investments (Equity / Debt)0.079.00.0
+ Interest Received — Investing1.319.521.2
+ Other Inflows / (Outflows) — Investing0.00.0-57.0
Cash from Investing Activities-469.3-320.2-496.8
Cash from Financing Activities
+ Proceeds from Issue of Shares381.00.72.1
+ Proceeds from Borrowings8.784.6102.3
+ Repayment of Borrowings84.20.00.7
+ Interest Paid13.07.410.5
+ Dividends Paid11.637.728.3
Cash from Financing Activities280.940.264.9
Net Changes in Cash (pre-FX)0.612.312.8
Net Changes in Cash0.612.312.8
Closing Cash0.6
Reference Items
EBITDA387.5406.7470.7510.4
EBITDA Margin %28.5328.8730.4431.08
Free Cash Flow (CFO − Capex)-5.111.5-16.6-16.6
Free Cash Flow to Equity89.174.6
Free Cash Flow per Basic Share-0.541.22-1.76-1.76
Cash Flow to Net Income0.781.091.47
Cash Paid for Taxes83.983.293.2
Cash Paid for Interest13.07.410.5
As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreementXBRL cross-verified ✓ 95%.