Happy Forgings Earnings Call Transcript: Key Takeaways
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.
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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.
Happy Forgings plans to add about 24,000 MT forging and 14,000 MT machining capacity by FY29. The ₹500 Crore investment is funded through internal accruals and debt.
Happy Forgings reported Q2 FY27 revenue of ₹501 Crore, up 33% YoY, with PAT of ₹98 Crore. It also approved about ₹500 Crore of additional capex.
Q2FY27 revenue ₹501 Cr (+32.7%), PAT ₹98 Cr (+32.8%), EBITDA margin 30.6%. H1FY27 revenue ₹950 Cr (+29.9%), with volume-led growth and improved realisation.
Happy Forgings Ltd reported revenue from operations of ₹500.7 Cr (+32.7% YoY) and net profit of ₹97.5 Cr (+32.8% YoY) for Q2 FY27.
Happy Forgings Ltd intimated a board meeting on November 5, 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026. Trading window remains closed until 48 hours after results upload.
Happy Forgings Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.
Designated person Rajan Bhagat reported personal share trading as per SEBI PIT regulations. This filing is a routine regulatory compliance disclosure.
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.
Designated Person Narinder Singh sold 24 equity shares of Happy Forgings Ltd for a total value of ₹0.0006 Crore via market sale.
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 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 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 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.
Happy Forgings Limited has announced the re-appointment of Megha Garg as Executive Director and Ravindra Pisharody as Non-Executive Independent Director.
The company held its 47th Annual General Meeting on July 27, 2026, through video conferencing. The meeting covered adoption of financial statements, dividend declaration, and director appointments.
Happy Forgings Limited will hold a board meeting on August 4, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026.
Happy Forgings' credit ratings were reaffirmed by ICRA for Rs.485 Crore in facilities. The stable outlook maintains its current creditworthiness for investors.
Happy Forgings Ltd sent a SEBI-mandated letter to shareholders without registered emails. It provides AGM details and Annual Report access, urging KYC updates for compliance.
Happy Forgings Ltd submitted its Business Responsibility and Sustainability Report for FY 2025-26. The filing provides disclosures on sustainability and corporate responsibility.
Happy Forgings Ltd scheduled its 47th AGM for July 27, 2026. The meeting will be conducted via video conferencing.
Happy Forgings Ltd submitted its 47th Annual Report for FY 2025‑26, reporting Rs 1,546 Crore revenue. The report also declares a dividend of ₹4 per share.
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 reported audited FY26 results and recommended a Rs. 4.00 per share dividend. Consolidated annual revenue reached ₹1,546.34 Crore with ₹301.63 Crore net profit.
Happy Forgings Limited filed its FY 2025-26 Annual Secretarial Compliance Report. The report noted a minor ₹0.03 Crore aggregate fine for short-term committee composition non-compliance.
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 approved the re-appointment of two directors and appointed KPMG as internal auditor. These leadership and oversight updates ensure corporate governance continuity and compliance.
Happy Forgings recommended a final dividend of Rs. 4 per share for FY 2025-26. The record date is July 20, 2026, with payment by August 7.
Happy Forgings reported FY26 revenue of ₹1,546 Crore, representing 9.8% YoY growth. Net profit rose 14.8% to ₹302 Crore, driven by strong operational execution and margin expansion.
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%.