| Revenue growth | FY26 revenue up 9.8% YoY; Q4 revenue up 20.4%. |
|---|---|
| Margins | EBITDA margins reached 30.4% in FY26, supported by value-added products. |
| Order book | Order book stands at ₹950cr to be executed over 3 years. |
| Demand visibility | Strong domestic CV/Infrastructure outlook; export recovery expected by late 2026. |
| Management confidence | Highly optimistic on structural shifts toward high-value industrial and PV segments. |
Growth
Revenue grew 9.8% in FY26; EBITDA margins expanded 160bps to 30.4% due to machining mix increasing to 89%.
Outlook
Guided high teens volume growth for FY27 with stable EBITDA margins; ₹950cr order book for next 3 years.
Risks
Global CV and farm market weakness (9-10% decline) and rising raw material costs remain key stressors.
Earnings Call filed with BSE, NSE: HAPPYFORGE. Summary written with AI assistance from the document.
Happy Forgings Ltd: key numbers
- Share price
- ₹1,959.10
- Market cap
- ₹18,494 Cr
- Revenue (annual)
- ₹1,546 Cr
- Net profit (annual)
- ₹301.6 Cr
- P/E (TTM)
- 56.5×Sector 53.9×
- Promoter holding
- 78.46%-0.02% QoQ
- FII holding
- 1.88%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Happy Forgings Ltd
All →Happy Forgings Employee Stock Options
Happy Forgings Ltd allotted 22,412 equity shares to employees under its ESOP scheme. Paid-up capital rises to 9,44,01,146 shares of Rs. 2 each.
Happy Forgings Other Announcement
Designated Person Narinder Singh sold 24 equity shares of Happy Forgings Ltd for a total value of ₹0.0006 Crore via market sale.
- Value
- ₹0.01 Cr
Happy Forgings Earnings Call Transcript: Key Takeaways
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 Results Update
Happy Forgings reported consolidated Q1FY27 revenue of Rs. 449 Crore and PAT of Rs. 91 Crore. Performance metrics showed strong year-on-year growth across key business segments.
Happy Forgings Investor Presentation: Key Takeaways
Happy Forgings delivered record quarterly revenue of ₹449 Crs, achieving 27% YoY growth. Strategy focuses on high-value machining and capacity expansion into ultra-heavy components.
Happy Forgings Q1 FY27 Results: Net Profit ₹91.5 Cr, Up 39.3% YoY
Happy Forgings Ltd reported revenue from operations of ₹449.4 Cr (+27.0% YoY) and net profit of ₹91.5 Cr (+39.3% YoY) for Q1 FY27.
- Key figure
- Net profit ₹91.5 Cr · +39.3% YoY