Happy Forgings Ltd

HAPPYFORGE
NSE· Capital Goods
1,583.30
+62.50 (+4.11%)
Updated 07:31 am IST
52W Low · ₹862.0552W High · ₹1,564.80
Near 52W High
Market Cap
₹13095.84L Cr
Volume
47.3K
Prev Close
₹1,495.70
ISIN
INE330T01021

Orion Score

Fundamentals-based quality & risk · not a recommendation

65/100
Watch

Happy Forgings Ltd scores 65/100 (Watch) on the Orion Score — strong business quality (76), moderate growth (55), strong balance-sheet safety (81) and rich valuation (24). A fundamentals-based quality & risk score, not a buy/sell recommendation.

Quality
76
Growth
55
Safety
81
Value
24

Full Orion analysis

Risk checks

  • Short track record (3 yrs of data)

Forensic accounting

Piotroski F 4/9Altman Z Safe(9.74)Beneish M Clean(-2.87)

Piotroski F = fundamental health (0–9, higher is better) · Altman Z = bankruptcy / distress risk · Beneish M = earnings-manipulation check

Technical / Momentum

Price Trend

81/100

Strong

Technical momentum companion — separate from the fundamentals-based Orion Score.

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VestAI Stock Score

VALUATION
Low Debt
D/E 0.15x — lean balance sheet
QUALITY
Average
ROCE 17.5% — decent returns
MOMENTUM
Bullish
RSI 60.9 — strong momentum

Price Chart

SMA 20
SMA 50
SMA 200

Key Fundamentals

Q4 FY2026

P/E Ratio
43.48
ROCE
17.53%
ROE (1Y)
15.16%
D/E Ratio
0.15x
OPM
25.68%
TTM EPS
₹31.92
Dividend Yield
29.00%
Qtrly Sales
₹423.84 Cr
Qtrly Profit
₹83.55 Cr

Technical Signals

Quarterly Results

Revenue & Profit in ₹ Crores

Revenue Net Profit
QuarterRevenueNet ProfitOPMEPS
Q4 2026₹423.84₹83.5525.7%₹8.84
Q3 2026₹391.31₹78.9425.0%₹8.30
Q1 2026₹353.8₹65.6922.8%₹6.96
Q4 2025₹351.97₹67.6323.3%₹7.18
Q3 2025₹354.32₹64.5523.2%₹6.84

Annual P&L

Revenue & Profit in ₹ Crores (Yearly)

Revenue Net Profit
YearRevenueNet ProfitEBITDAOPM
FY 2026₹1,546.34₹301.63₹501.524.7%
FY 2025₹1,408.89₹267.44₹444.1523.4%
FY 2024₹1,243.08₹242.98₹400.1326.0%
FY 2023₹1,073.51₹208.7₹346.1227.1%

Peer Comparison — Capital Goods

Top companies in the same sector by market cap

CompanyMkt CapP/EROCEROED/EOPM
HAPPYFORGE₹13,096 Cr43.4817.53%15.16%0.15x25.68%
BEL₹3,05,585 Cr50.4929.65%27.56%0.00x27.47%
BHEL₹1,33,572 Cr83.394.62%6.29%0.31x13.53%
APARINDS₹56,943 Cr58.4828.67%19.74%0.18x6.90%
COCHINSHIP₹40,096 Cr55.8710.41%12.52%0.28x18.71%
BEML₹15,531 Cr109.885.20%4.86%0.11x13.88%

Balance Sheet

All values in ₹ Crores

MetricFY 2025FY 2024FY 2023FY 2022
Total Assets₹2,215.22₹1,885.95₹1,326.16₹1,129.87
Equity₹1,849.55₹1,612.49₹988.3₹787.62
Total Debt₹227.99₹143.31₹218.52₹240.35
Cash₹12.95₹0.64₹0.01₹0.02
Net Debt₹215.04₹142.67₹218.5₹240.33
Working Capital₹592.29₹499.91₹233.31₹180.33

Shareholding Pattern

Q1 FY2027

Promoter
78.49%
FII
11.1%
DII
9.08%
Public
1.33%

Quarter-over-Quarter Trend

QuarterPromoterFIIDIIPublic
Q1 FY202778.49% ↓11.1% ↑9.08% ↓1.33% ↓
Q3 FY202678.5% ↓1.84% ↓16.73% ↓2.94% ↑
Q2 FY202678.52% ↓2.03% ↓17.02% ↑2.45% ↑
Q1 FY202678.54% ↓2.17% ↓16.98% ↓2.31% ↑
Q4 FY202578.57% ↓2.19% ↓17.07% ↑2.18% ↑
Q3 FY202578.6%2.28%17.06% ↓2.05% ↑
Q2 FY202578.6%2.27% ↑17.14% ↑1.98% ↓
Q1 FY202578.6%2.24%16.69%2.47%

Corporate Actions

No recent corporate actions

Funds Holding This Stock

23 mutual fund schemes

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About Happy Forgings Ltd (HAPPYFORGE) Stock

Happy Forgings Ltd is listed on the NSE under the Capital Goods sector, Castings & Forgings industry. ISIN: INE330T01021. Track live share price, technical analysis, RSI, MACD, PE ratio, and smart money holdings on VestAI — India's AI-powered stock analysis platform.