HAPPYFORGEUpdated 31 Aug 2026, 8:24

Happy Forgings Limited

HAPPYFORGEUpdated 31 Aug 2026, 8:24

Market Cap

₹21,773Cr.

Current Price

₹2,307

High / Low

₹2,342/862

Stock P/E

66.5

ROE15.0%

ROCE18.0%

Book Value₹226

Face Value₹2.00

Dividend Yield0.17%

About

Incorporated in July 1979, Happy Forgings Limited is an Indian manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components.[1]

Quarterly results

Last reported quarters₹ Cr.

Profit & loss

Annual statement₹ Cr.

Shareholding pattern

As of Jun 2026%

Shareholding trend

Ownership over time%

Balance sheet

Assets & liabilities₹ Cr.

Cash flows

Operating, investing & financing₹ Cr.

Key ratios

Historical financial ratios

Category	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	114	82	90	103	94	94	96	110	93
Inventory Days	111	106	111	176	173	112	137	143	134
Days Payable	48	30	53	55	42	32	34	28	34
Cash Conversion Cycle	177	158	148	225	226	175	199	226	193
Working Capital Days	123	106	60	82	76	71	102	98	77
ROCE %	—	32%	19%	18%	22%	26%	23%	19%	18%

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 31 August 2026 at 8:24

HAPPY FORGINGS LIMITED (HAPPYFORGE) financials — quarterly results, P&L, cash flow, balance sheet, shareholding