Happy Forgings Limited
HAPPYFORGE · General/Diversified · NSE
₹1,307
Current Market Price
Fair Value (DCF)
₹577
Margin of Safety
-55.8%
Updated just now
YieldIQ Score
45/100
Piotroski F-Score
6/9
Economic Moat
Moderate
Confidence
51%
ROE
14.5%
Debt/Equity
0.00
WACC
11.9%
Market Cap
₹0.12 Lakh Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
19.4%
Return on capital employed
EV / EBITDA
28.4×
Enterprise multiple
Debt / EBITDA
0.5×
Leverage vs earnings
Interest Coverage
52.4×
EBIT covers interest
Current Ratio
2.81×
Short-term liquidity
Asset Turnover
0.60×
Revenue per ₹ of assets
Revenue CAGR (3Y)
7.6%
3-year revenue growth
Revenue CAGR (5Y)
—
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹1,306.9
Bear case
₹349.72
MoS -273.7%
Base case
₹577.18
MoS -126.4%
Bull case
₹729
MoS -79.3%
Ratio Trends
HAPPYFORGE · last 4 annual periods
ROE
14.5%
ROCE
21.4%
Operating Margin
—
Debt / Equity
0.12×
PE
—
EV / EBITDA
—
Historical Financials
HAPPYFORGE · Annual, last 4 years· amounts in ₹Cr unless noted
| Metric | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | ₹794 Cr | ₹1074 Cr | ₹1358 Cr | ₹1296 Cr | +17.8% |
| EBITDA | ₹236 Cr | ₹346 Cr | ₹400 Cr | ₹444 Cr | +23.4% |
| EBIT | — | — | ₹336 Cr | — | +0.0% |
| PAT | ₹142 Cr | ₹209 Cr | ₹243 Cr | ₹267 Cr | +23.4% |
| EPS (diluted) | — | — | ₹26.75 | — | +0.0% |
| CFO | ₹80.3 Cr | ₹209 Cr | ₹189 Cr | ₹292 Cr | +53.8% |
| CapEx | ₹-191 Cr | ₹-175 Cr | — | ₹-281 Cr | — |
| FCF | ₹-111 Cr | ₹34.9 Cr | — | ₹11.5 Cr | — |
| Total Assets | ₹1130 Cr | ₹1326 Cr | ₹1886 Cr | ₹2215 Cr | +25.2% |
| Total Debt | ₹240 Cr | ₹219 Cr | ₹143 Cr | ₹228 Cr | -1.7% |
| Shareholders' Equity | ₹788 Cr | ₹988 Cr | ₹1612 Cr | ₹1850 Cr | +32.9% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
HAPPYFORGE vs 4 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
| GRAVITA GRAVITA | — | — | Pending | 15.0% | — |
| RKFORGE Ramkrishna Forgings Limited | -45.2% | 50 | Data Limited | 13.7% | — |
| RHIM RHIM | — | — | Pending | 5.1% | — |
| BALUFORGE BALU FORGE INDUSTRIES LTD | -22.2% | 65 | Above Fair Value | 19.4% | — |
Click a ticker to view its fair-value analysis.
Dividend History
2 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹7.00/sh
Last payout
2025-07-22
₹3.00
Peak payout
₹4.00
Trailing yield
0.23%
Amounts parsed from NSE subject lines; percent-of-face-value declarations are not converted and shown as missing.
AI Analysis Summary
Model-generated description of metrics. Not investment advice. Happy Forgings Limited (HAPPYFORGE.NS) trades at 1306.90 vs a model fair value of 577.18, a gap of -55.8%. Piotroski F-score: 6/9. Moat l...
Read full AI analysis →Reverse DCF
Market-implied growth
What FCF growth is priced in →
Risk Analysis
Volatility & drawdown
Risk profile of HAPPYFORGE →
DuPont
ROE decomposition
Why ROE is what it is →
Technicals
RSI, MACD, MAs
Reference indicators →
News & Filings
Recent activity
BSE filings + news for HAPPYFORGE →
Compare
Head-to-head with peers
Compare HAPPYFORGE side by side →
Run Full Interactive Analysis
Interactive DCF sliders, sensitivity heatmap, peer comparison, and more.
Analyse HAPPYFORGENow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.