| Management target | Revenue 2-3 years |
|---|
| Revenue growth | 27% YoY and 6% QoQ growth in Q1FY27. |
|---|---|
| Margins | EBITDA margins sustained above 30% for four consecutive quarters. |
| Order book | Incremental order book of approx. ₹950 Crs over 2-3 years. |
| Demand visibility | Strong visibility from ₹950 Crs incremental order book. |
| Management confidence | High; optimistic about FY27 outlook and capacity utilization ramp-up. |
Growth
Q1FY27 Revenue grew 27% YoY; PAT increased 39.2% to ₹91 Crs. EBITDA margin reached record 31.3%.
Outlook
Incremental order book of ₹950 Crs over 2-3 years; ultra-heavy component facilities operational by FY28.
Risks
Dependence on automotive sector (Commercial Vehicles 33%); sensitivity to raw material price fluctuations despite current stability.
Last quarter's promises, checked
Delivered
- EBITDA margins sustained broadly in line with FY26 (30.4%) → delivered 31.3% (= BEAT)
- Revenue growth expected (late-teen volume guide) → delivered 27% YoY revenue growth (= BEAT)
- Machining contribution target (FY26: 89%) → delivered 90% (= BEAT)
Partly delivered
- Incremental order book target of ₹950 Crs → delivered approx. ₹950 Crs (on track for 2-3 year execution) (= PARTIAL)
Investor Presentation filed with BSE, NSE: HAPPYFORGE. Summary written with AI assistance from the document.
Happy Forgings Ltd: key numbers
- Share price
- ₹1,923.10
- Market cap
- ₹18,154 Cr
- Revenue (annual)
- ₹1,546 Cr
- Net profit (annual)
- ₹301.6 Cr
- P/E (TTM)
- 55.5×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 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
Happy Forgings Management Change
Happy Forgings Limited has announced the re-appointment of Megha Garg as Executive Director and Ravindra Pisharody as Non-Executive Independent Director.