HAPPYFORGE2,226.10

Happy Forgings Limited

· Capital Goods & Defence
₹ CrorePeersSTEELCASNELCASTSGILKALYANIFRGHILTONMcap ₹21,003 Cr
Comp Set
In ₹ Crore except Per Share
Latest Annual
HAPPYFORGE
FY26
STEELCAS
FY26
NELCAST
FY26
SGIL
FY26
Peer
Median
Valuation — at last close
P/E69.59×37.86×19.75×200.98×37.86× +84%
P/B9.87×0.83×1.60×8.43×1.60× +518%
EV/EBITDA44.76×2.35×10.22×30.15×10.22× +338%
Market Cap₹21,003 Cr₹328 Cr₹957 Cr₹937 Cr₹937 Cr +2142%
Growth
Revenue CAGR 3Y-3.90%1.67%-1.11%
Revenue CAGR 5Y16.81%16.81%
Net Income CAGR 3Y7.19%17.66%12.43%
Revenue YoY (latest Q)27.03%17.00%2.77%9.88% +173%
Net Income YoY (latest Q)39.24%19.26%-58.92%-19.83% +298%
Profitability
EBITDA Margin30.44%26.99%8.32%10.74%10.74% +183%
Net Income Margin19.51%20.53%3.65%1.27%3.65% +435%
Return on Common Equity14.17%21.99%8.08%4.19%8.08% +75%
Return on Capital Employed17.53%24.78%12.15%7.11%12.15% +44%
Return on Assets11.46%18.87%4.04%0.98%4.04% +184%
Credit & Quality
Total Debt/Equity0.15×0.00×0.43×2.25×0.43× -65%
Interest Coverage36.44×388.54×2.57×0.92×2.57× +1318%
Scale — latest FY
Revenue / Total Income₹1,546 Cr₹423 Cr₹1,328 Cr₹366 Cr₹423 Cr +265%
Net Income₹302 Cr₹86.9 Cr₹48.4 Cr₹4.7 Cr₹48.4 Cr +523%
Total Assets₹2,633 Cr₹460 Cr₹1,199 Cr₹473 Cr₹473 Cr +457%
EPS₹31.99₹8.58₹5.57₹3₹5.57 +474%
Book Value per Share₹225.56₹391.11₹68.89₹71.51₹71.51 +215%
◆ best value in the comp set per metric · Δ = subject vs median of the other companies.
« ‹ › »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%.