| Revenue growth | FY26 revenue at ₹1,546cr, up 9.8% YoY. |
|---|---|
| Margins | EBITDA margins improved to 30.4% in FY26 due to machining mix. |
| Order book | New business order book stands at nearly ₹950cr. |
| Demand visibility | Strong domestic CV/PV demand; export recovery signs in Q4. |
| Management confidence | High; citing strongest credit rating (AA) and internal accrual-funded growth. |
Growth
FY26 revenue grew 9.8% YoY; Q4 revenue grew 20.4%. FY26 PAT grew 14.8% on an adjusted basis with margins at 19.5%.
Outlook
Guided late-teen volume growth for FY27; ₹450-500cr capex planned. Targeting ₹950cr new order book execution over 2-3 years.
Risks
Global export markets (Europe/US) saw single-digit declines; rising fuel costs and raw material volatility remain near-term monitoring points.
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
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Happy Forgings Other Announcement
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- Value
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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 delivered record quarterly and annual profits in FY26, driven by higher machining mix and operational efficiencies despite export headwinds in CV and farm segments.