Happy Forgings
Q2 revenue ~₹502 Cr (+32.7%) and PAT ₹98 Cr (+32.8%), volume-led. H1 operating cash flow only ₹124 Cr. Margin guidance is qualitative, implying FY26-level margins.
ALFA Concalls
Every earnings call, live and summarised
Earnings calls
Every Happy Forgings earnings call we streamed: the live audio and our summary of what management said.
Q2 revenue ~₹502 Cr (+32.7%) and PAT ₹98 Cr (+32.8%), volume-led. H1 operating cash flow only ₹124 Cr. Margin guidance is qualitative, implying FY26-level margins.
Q2 revenue ~₹502 Cr (+32.7%) and PAT ₹98 Cr (+32.8%), volume-led. H1 operating cash flow only ₹124 Cr. Margin guidance is qualitative, implying FY26-level margins.
₹500 Cr capex phased FY28–FY29. ~₹500 Cr orders targeted by FY27-end. Margins similar to FY26.
Happy Forgings delivered its best-ever quarterly revenue and profitability in Q1 FY27, driven by strong domestic demand across segments and successful price renegotiations with OEMs.
Happy Forgings reported record annual performance for FY26 with revenue of ₹1,546cr and EBITDA margins at 30.4%. The company is shifting focus toward high-value industrial and PV segments with specialized heavy engineering capabilities.
Happy Forgings delivered record quarterly and annual profits in FY26, driven by higher machining mix and operational efficiencies despite export headwinds in CV and farm segments.
Happy Forgings delivered its highest-ever annual profitability in FY26, transitioning toward high-precision machined components (89% of revenue) with significant EBITDA margin expansion to 30.4%.
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.