| 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
- ₹2,063.50
- Market cap
- ₹19,480 Cr
- Revenue (annual)
- ₹1,546 Cr
- Net profit (annual)
- ₹301.6 Cr
- P/E (TTM)
- 59.5×Sector 53.6×
- 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 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
Happy Forgings Earnings Call: Key Takeaways
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.