Happy Forgings Limited
NSE: HAPPYFORGE
Prev Close
1018.75
Open Price
1023.8
Volume
25,766
Today Low / High
1012.05 / 1025
52 WK Low / High
724.1 / 1191.05
Range
970 - 1,072
Currently, the stock is trading on the National Stock Exchange (NSE). The stock price stands at 1021.1, with a change of 2.35 (0.23067%). The expected target range on the NSE is between 970 - 1,072. The stock is trending upwards on the NSE, which could present a good opportunity for potential investors.
Happy Forgings Limited Graph
Happy Forgings Limited Price Target Predictions: Bullish vs. Bearish Scenarios with Ranges
If you are looking for the target price for Happy Forgings Limited T1, T2, T3 for both Bullish and Bearish scenarios, here it is. For Bullish: T1, T2, T3. For Bearish: T1, T2, T3. The stock current price is 1,021.10, with potential price targets ranging from T1, T2, and T3 in both directions based on market conditions.
| Scenario | Price | Target | Range | 
|---|---|---|---|
| Bullish Scenario | 1,021.10 | 1,031.31 | 928.18 - 1,134.44 | 
| 1,041.52 | 833.22 - 1,249.83 | ||
| 1,051.73 | 736.21 - 1,367.25 | ||
| Bearish Scenario | 1,021.10 | 1,010.89 | 909.80 - 1,111.98 | 
| 1,000.68 | 800.54 - 1,200.81 | ||
| 990.47 | 693.33 - 1,287.61 | 
Overview of Happy Forgings Limited
ISIN
INE330T01021
Industry
Manufacturing - Metal Fabrication
Vol.Avg
37,196
Market Cap
95,445,351,667
Last Dividend
3
Official Website
IPO Date
2023-12-27
DCF Diff
1,208.55
DCF
-192
Financial Ratios Every Investor Needs
Stock Dividend of HAPPYFORGE
| Date | Label | Adj Dividend | Dividend | Record Date | Payment Date | Declaration Date | 
|---|---|---|---|---|---|---|
| 2025-07-22 | July 22, 25 | 3 | 3 | 2025-07-22 | 2025-08-28 | |
| 2024-07-22 | July 22, 24 | 4 | 4 | 2024-07-22 | 2024-08-28 | 
Annual Financial Income Report
| Date | Revenue | Co.Rev | GP | GPR | R&D Expenses | G&A Expenses | Operating Income | Net Income | EPS | EBITDA | NIR | 
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-03-31 | 1,408.89 Cr | 591.67 Cr | 817.23 Cr | 0.5800 | 0.00 Cr | 125.24 Cr | 692.41 Cr | 267.44 Cr | 28.39 | 406.70 Cr | 0.1898 | 
| 2024-03-31 | 1,358.24 Cr | 622.53 Cr | 735.71 Cr | 0.5417 | 0.00 Cr | 114.76 Cr | 620.14 Cr | 242.98 Cr | 26.78 | 400.89 Cr | 0.1789 | 
| 2023-03-31 | 1,160.94 Cr | 551.06 Cr | 296.18 Cr | 0.2551 | 0.00 Cr | 4.96 Cr | 534.24 Cr | 208.70 Cr | 23.32 | 346.68 Cr | 0.1798 | 
| 2022-03-31 | 793.70 Cr | 446.19 Cr | 347.52 Cr | 0.4378 | 0.00 Cr | 3.53 Cr | 193.15 Cr | 142.29 Cr | 15.10 | 236.95 Cr | 0.1793 | 
| 2021-03-31 | 584.96 Cr | 293.01 Cr | 145.45 Cr | 0.2486 | 0.00 Cr | 2.29 Cr | 124.74 Cr | 86.45 Cr | 8.86 | 164.60 Cr | 0.1478 | 
Annual Financials Balance Sheet
| Date | C&C Equ. | Tot. Assets | Tot. Liab. | Stock. Equity | Tot. Debt | Net Debt | Inv. | PP&E (Net) | Curr. Def. Rev. | Non-Curr. Def. Rev. | LT Invest. | Curr. Liab. | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-03-31 | 136.56 Cr | 2,215.22 Cr | 365.68 Cr | 1,849.5461 Cr | 227.99 Cr | 91.43 Cr | 232.42 Cr | 1,015.98 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 326.3487 Cr | 
| 2024-03-31 | 0.64 Cr | 1,885.95 Cr | 273.46 Cr | 1,612.4922 Cr | 143.01 Cr | 142.36 Cr | 224.17 Cr | 933.40 Cr | 0.00 Cr | 0.00 Cr | 74.79 Cr | 241.8405 Cr | 
| 2023-03-31 | 0.01 Cr | 1,326.17 Cr | 337.86 Cr | 988.3070 Cr | 218.52 Cr | 218.50 Cr | 169.60 Cr | 751.71 Cr | 0.00 Cr | -23.05 Cr | 0.00 Cr | 256.6400 Cr | 
| 2022-03-31 | 0.02 Cr | 1,129.87 Cr | 342.25 Cr | 787.6240 Cr | 240.35 Cr | 240.33 Cr | 183.98 Cr | 666.89 Cr | 0.00 Cr | 0.00 Cr | -1.02 Cr | 245.2560 Cr | 
| 2021-03-31 | 2.89 Cr | 876.38 Cr | 231.23 Cr | 645.1590 Cr | 153.47 Cr | 150.58 Cr | 121.57 Cr | 453.94 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 181.0680 Cr | 
Annual Financials Cash Flow Statement
| Date | Operating Cash | Investing Cash | Financing Cash | Free Cash | Cash Change | Cash at End | CapEx | Income | Debt Repay | Dividends | Inventory | 
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-03-31 | 292.3323 Cr | -320.2023 Cr | 40.1734 Cr | 21.2012 Cr | 12.3034 Cr | 12.9461 Cr | -271.1311 Cr | 267.4363 Cr | 84.5568 Cr | -37.6820 Cr | -8.2544 Cr | 
| 2024-03-31 | 189.0243 Cr | -469.3110 Cr | 280.9162 Cr | -5.0963 Cr | 0.6296 Cr | 0.6427 Cr | -194.1206 Cr | 242.9837 Cr | -75.5087 Cr | -11.6349 Cr | -54.5630 Cr | 
| 2023-03-31 | 209.4564 Cr | -172.4540 Cr | -37.0095 Cr | 34.8696 Cr | -0.0071 Cr | 0.0131 Cr | -174.5868 Cr | 208.6992 Cr | -25.1477 Cr | 0.0000 Cr | 14.3809 Cr | 
| 2022-03-31 | 80.2940 Cr | -165.6800 Cr | 82.5200 Cr | -110.5480 Cr | -2.8660 Cr | 0.0200 Cr | -190.8420 Cr | 142.2890 Cr | 89.4610 Cr | 0.0000 Cr | -62.4170 Cr | 
| 2021-03-31 | 28.5910 Cr | -58.6850 Cr | 9.6720 Cr | -41.8110 Cr | 0.8400 Cr | 2.8860 Cr | -91.6640 Cr | 86.4480 Cr | 35.0690 Cr | 0.0000 Cr | -45.9170 Cr | 
Quarterly Financial Income Report
| Date | Revenue | Co.Rev | GP | GPR | Operating Income | Net Income | EPS | EBITDA | NIR | 
|---|---|---|---|---|---|---|---|---|---|
| 2025-06-30 | 353.80 Cr | 148.87 Cr | 204.93 Cr | 0.5792 | 80.60 Cr | 65.69 Cr | 6.97 | 111.50 Cr | 0.1857 | 
| 2025-03-31 | 351.97 Cr | 145.54 Cr | 206.44 Cr | 0.5865 | 174.18 Cr | 67.63 Cr | 7.18 | 101.25 Cr | 0.1921 | 
| 2024-12-31 | 354.32 Cr | 148.90 Cr | 205.43 Cr | 0.5798 | 82.35 Cr | 64.55 Cr | 6.85 | 108.08 Cr | 0.1822 | 
| 2024-09-30 | 361.13 Cr | 148.63 Cr | 212.50 Cr | 0.5884 | 85.71 Cr | 71.37 Cr | 7.58 | 118.45 Cr | 0.1976 | 
| 2024-06-30 | 341.47 Cr | 148.60 Cr | 192.86 Cr | 0.5648 | 79.59 Cr | 63.80 Cr | 6.77 | 105.21 Cr | 0.1868 | 
Quarterly Financials Balance Sheet
| Date | Cash & Equiv. | Short-Term Inv. | Cash & Short-Term | Net Receivables | Inventory | Total Curr. Assets | PP&E (Net) | Total Assets | Total Liabilities | 
|---|---|---|---|---|---|---|---|---|---|
| 2025-06-30 | 0.00 Cr | 0.00 Cr | 60.44 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | -1,849.55 Cr | 
| 2025-03-31 | 136.56 Cr | 79.58 Cr | 216.14 Cr | 426.54 Cr | 232.42 Cr | 918.64 Cr | 1,015.98 Cr | 2,215.22 Cr | 365.68 Cr | 
| 2024-12-31 | 0.00 Cr | 0.00 Cr | 92.55 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | -1,710.92 Cr | 
| 2024-09-30 | 2.98 Cr | 112.97 Cr | 92.55 Cr | 406.57 Cr | 247.54 Cr | 795.03 Cr | 952.63 Cr | 2,019.90 Cr | 308.98 Cr | 
| 2024-06-30 | -117.29 Cr | 234.59 Cr | 117.29 Cr | 0.00 Cr | 0.00 Cr | 117.29 Cr | 0.00 Cr | 0.00 Cr | -1,612.49 Cr | 
Quarterly Financials Cash Flow Statement
| Date | Net Income | Operating Cash Flow | Investing Cash Flow | Financing Cash Flow | Net Cash Change | Cash at End | Cash at Beginning | CapEx | Free Cash Flow | 
|---|---|---|---|---|---|---|---|---|---|
| 2025-06-30 | 65.69 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 
| 2025-03-31 | 67.63 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 
| 2024-12-31 | 64.55 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 
| 2024-09-30 | 71.37 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 
| 2024-06-30 | 63.80 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 0.00 Cr | 
Splits History
| Date | Label | Split Ratio | 
|---|---|---|
| No split history data available. | ||
Similar Stocks: Manufacturing - Metal Fabrication
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| Happy Forgings Limited | HAPPYFORGE | ₹1,021.10 | ₹96,294,090,097.00 | ₹25,766.00 | 
| Sansera Engineering Limited | SANSERA | ₹1,513.70 | ₹93,994,335,261.00 | ₹56,251.00 | 
| Kirloskar Ferrous Industries Limited | KIRLFER | ₹460.05 | ₹76,561,973,229.00 | ₹215,110.00 | 
| Balu Forge Industries Limited | BALUFORGE | ₹646.35 | ₹73,678,664,565.00 | ₹594,171.00 | 
| Kirloskar Industries Limited | KIRLOSIND | ₹3,795.90 | ₹39,539,848,106.00 | ₹2,080.00 | 
| Pitti Engineering Limited | PITTIENG | ₹946.55 | ₹35,449,089,762.00 | ₹35,084.00 | 
| Sundaram-Clayton Limited | SUNCLAY | ₹1,494.60 | ₹32,950,193,725.00 | ₹6,826.00 | 
Key Executives
Gender: male
Year Born: 1973
Gender: male
Year Born: 1954
Gender: male
Year Born: 1955
Gender: male
Year Born: 1985
Gender: male
Year Born: 1971
Gender: female
Year Born: 1976
Gender: male
Year Born: 1977
Gender: female
Year Born: 1985
FAQs about Happy Forgings Limited
The CEO is Paritosh Kumar Garg.
The current price is ₹1,012.10.
The range is ₹724.1-1191.05.
The market capitalization is ₹9,544.54 crores.
The dividend yield is 0.30%.
The P/E ratio is 35.43.
The company operates in the Industrials sector.
Overview of Happy Forgings Limited (ISIN: INE330T01021) is a leading Manufacturing - Metal Fabrication in India. With a market capitalization of ₹9,544.54 crores and an average daily volume of 37,196 shares, it operates in the Manufacturing - Metal Fabrication. The company last declared a dividend of ₹3.
