Nifty

:

24570.65

Sensex

:

78499.17

-65.35 (-0.27%)
-455.59 (-0.58%)

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Nifty
Sensex

:
:

24570.65
78499.17

-65.35 (-0.27%)
-455.59 (-0.58%)

Happy Forgings Ltd.

Forgings

Rating :

71/99

BSE: 544057 | NSE: HAPPYFORGE

Watchlist

NSE BSE

1906.20

07-Aug-2026

Open
High
Low
Previous Close

1889.9
1934.1
1858.1
1870.00

Volume
Traded Value (lacs)
52 Week High
52 Week Low

125748
238923486.4
1934.1
862.05

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

17,915.44
54.72
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

18,192.13
0.21%
8.10

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

13.51
12.45
4.42

EBITDA CAGR (%)

10 Years
5 Years
3 Years

17.62
15.31
3.96

PAT CAGR (%)

10 Years
5 Years
3 Years

26.21
16.21
7.47

P:E (Median)

8 Years
5 Years
3 Years

-
-
41.20

P:BV (Average)

8 Years
5 Years
3 Years

-
-
6.26

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
-
24.31

Earnings Forecasts:

(Updated: 01-08-2026)

Description 2026 2027 2028 2029
Adj EPS 77 -3 22.54 31.06
P/E Ratio 24.76 -635.40 84.57 61.37
Revenue 41.52 33.07 27.72 1531.01
EBITDA 1856.41 2229.93 2644.8 459.67
Net Income 556.9 689.89 840.05 292.74
ROA 350.71 440.03 523.4 -
P/B Ratio -5.99 19.98 - 8.51
ROE 5.95 5.11 4.46 14.65
FCFF 15.23 16.51 17.12 -19.95
FCFF Yield -91.75 53.8 249.4 -0.14
Net Debt -0.63 0.37 1.71 108.6
BVPS -318.1 95.4 - 223.98

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 449.42 353.80 27.03% 423.84 351.97 20.42% 391.31 354.32 10.44% 377.39 361.13 4.50%
Expenses 308.57 252.65 22.13% 290.50 249.70 16.34% 270.91 252.87 7.13% 261.58 255.76 2.28%
EBITDA 140.86 101.15 39.26% 133.34 102.27 30.38% 120.40 101.46 18.67% 115.80 105.37 9.90%
EBIDTM 31.34% 28.59% 31.46% 29.06% 30.77% 28.63% 30.68% 29.18%
Other Income 11.08 10.35 7.05% 6.05 10.14 -40.34% 8.17 6.62 23.41% 6.25 13.14 -52.44%
Interest 3.06 2.31 32.47% 3.81 2.45 55.51% 2.46 2.15 14.42% 1.89 1.57 20.38%
Depreciation 26.24 20.55 27.69% 24.51 20.28 20.86% 22.43 19.11 17.37% 21.55 19.66 9.61%
PBT 122.64 88.65 38.34% 111.07 89.68 23.85% 103.68 86.82 19.42% 98.60 97.28 1.36%
Tax 31.18 22.96 35.80% 27.50 21.92 25.46% 24.73 22.30 10.90% 25.17 25.86 -2.67%
PAT 91.47 65.69 39.24% 83.56 67.77 23.30% 78.95 64.52 22.37% 73.44 71.43 2.81%
PATM 20.35% 18.57% 19.72% 19.25% 20.18% 18.21% 19.46% 19.78%
EPS 9.69 6.96 39.22% 8.85 7.18 23.26% 8.36 6.83 22.40% 7.78 7.57 2.77%

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 449.42 353.80 27.03% 423.84 351.97 20.42% 391.31 354.32 10.44% 377.39 361.13 4.50%
Expenses 308.57 252.65 22.13% 290.50 249.70 16.34% 270.91 252.87 7.13% 261.59 255.77 2.28%
EBITDA 140.85 101.15 39.25% 133.34 102.27 30.38% 120.40 101.46 18.67% 115.80 105.37 9.90%
EBIDTM 31.34% 28.59% 31.46% 29.06% 30.77% 28.63% 30.68% 29.18%
Other Income 11.08 10.35 7.05% 6.05 10.03 -39.68% 8.16 6.62 23.26% 6.25 13.08 -52.22%
Interest 3.06 2.31 32.47% 3.81 2.45 55.51% 2.46 2.15 14.42% 1.89 1.57 20.38%
Depreciation 26.24 20.55 27.69% 24.51 20.28 20.86% 22.43 19.11 17.37% 21.55 19.66 9.61%
PBT 122.64 88.65 38.34% 111.07 89.56 24.02% 103.67 86.82 19.41% 98.60 97.22 1.42%
Tax 31.18 22.96 35.80% 27.50 21.93 25.40% 24.73 22.27 11.05% 25.17 25.86 -2.67%
PAT 91.46 65.69 39.23% 83.56 67.63 23.55% 78.94 64.55 22.29% 73.44 71.37 2.90%
PATM 20.35% 18.57% 19.72% 19.21% 20.17% 18.22% 19.46% 19.76%
EPS 9.69 6.97 39.02% 8.86 7.18 23.40% 8.37 6.85 22.19% 7.79 7.58 2.77%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Net Sales 1,641.96 1,546.34 1,408.89 1,358.24 1,196.53 860.05 584.96 558.09 750.25 550.50 435.63 Net Sales Growth 15.53% 9.76% 3.73% 13.51% 39.12% 47.03% 4.81% -25.61% 36.29% 26.37% Cost Of Goods Sold 659.63 631.81 591.67 596.59 551.05 388.40 251.61 249.02 336.46 250.06 192.72 Gross Profit 982.33 914.53 817.23 761.64 645.47 471.65 333.35 309.06 413.79 300.44 242.91 GP Margin 59.83% 59.14% 58.01% 56.08% 53.95% 54.84% 56.99% 55.38% 55.15% 54.58% 55.76% Total Expenditure 1,131.56 1,075.64 1,002.19 970.70 855.59 629.16 426.21 415.65 544.90 413.48 342.78 Power & Fuel Cost - 104.98 99.10 92.36 75.76 67.65 46.26 49.64 60.01 48.72 45.28 % Of Sales - 6.79% 7.03% 6.80% 6.33% 7.87% 7.91% 8.89% 8.00% 8.85% 10.39% Employee Cost - 136.58 124.82 114.46 87.78 68.68 49.00 49.07 50.50 41.85 36.10 % Of Sales - 8.83% 8.86% 8.43% 7.34% 7.99% 8.38% 8.79% 6.73% 7.60% 8.29% Manufacturing Exp. - 148.49 135.36 118.18 97.22 74.88 55.82 48.95 61.18 40.42 53.37 % Of Sales - 9.60% 9.61% 8.70% 8.13% 8.71% 9.54% 8.77% 8.15% 7.34% 12.25% General & Admin Exp. - 12.14 11.41 8.61 8.04 4.73 2.84 3.65 7.77 3.32 2.34 % Of Sales - 0.79% 0.81% 0.63% 0.67% 0.55% 0.49% 0.65% 1.04% 0.60% 0.54% Selling & Distn. Exp. - 31.45 30.78 33.16 26.54 20.41 10.83 11.71 10.11 10.47 9.26 % Of Sales - 2.03% 2.18% 2.44% 2.22% 2.37% 1.85% 2.10% 1.35% 1.90% 2.13% Miscellaneous Exp. - 10.19 9.05 7.34 9.19 4.41 9.86 3.61 18.86 18.65 9.26 % Of Sales - 0.66% 0.64% 0.54% 0.77% 0.51% 1.69% 0.65% 2.51% 3.39% 0.85% EBITDA 510.40 470.70 406.70 387.54 340.94 230.89 158.75 142.44 205.35 137.02 92.85 EBITDA Margin 31.08% 30.44% 28.87% 28.53% 28.49% 26.85% 27.14% 25.52% 27.37% 24.89% 21.31% Other Income 31.55 30.81 37.57 13.36 5.75 6.06 5.86 6.82 1.33 3.82 1.30 Interest 11.22 10.47 7.53 11.78 12.48 7.16 11.78 25.06 22.94 21.69 23.31 Depreciation 94.73 89.04 77.06 64.73 54.18 37.74 35.76 28.40 29.01 22.98 28.49 PBT 435.99 401.99 359.67 324.39 280.03 192.05 117.06 95.80 154.73 96.17 42.34 Tax 108.58 100.35 92.10 81.41 71.33 49.76 30.61 15.86 59.30 37.86 12.91 Tax Rate 24.90% 24.96% 25.61% 25.10% 25.47% 25.91% 26.15% 16.56% 38.32% 39.37% 30.49% PAT 327.42 301.64 267.57 242.99 208.70 142.28 86.45 79.94 95.43 58.31 29.42 PAT before Minority Interest 327.42 301.64 267.57 242.99 208.70 142.28 86.45 79.94 95.43 58.31 29.42 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 19.94% 19.51% 18.99% 17.89% 17.44% 16.54% 14.78% 14.32% 12.72% 10.59% 6.75% PAT Growth 21.53% 12.73% 10.12% 16.43% 46.68% 64.58% 8.14% -16.23% 63.66% 98.20% EPS 34.68 31.95 28.34 25.74 22.11 15.07 9.16 8.47 10.11 6.18 3.12

Description TTM Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Net Sales 1,641.96 1,546.34 1,408.89 1,358.24 1,196.53 860.05 584.96 Net Sales Growth 15.53% 9.76% 3.73% 13.51% 39.12% 47.03% Cost Of Goods Sold 659.63 631.81 591.67 596.59 551.05 388.40 251.61 Gross Profit 982.33 914.53 817.23 761.64 645.47 471.65 333.35 GP Margin 59.83% 59.14% 58.01% 56.08% 53.95% 54.84% 56.99% Total Expenditure 1,131.57 1,075.65 1,002.20 970.70 855.59 629.16 426.21 Power & Fuel Cost - 104.98 99.10 92.36 75.76 67.65 46.26 % Of Sales - 6.79% 7.03% 6.80% 6.33% 7.87% 7.91% Employee Cost - 136.58 124.82 114.46 87.78 68.68 49.00 % Of Sales - 8.83% 8.86% 8.43% 7.34% 7.99% 8.38% Manufacturing Exp. - 148.49 135.36 118.18 97.22 74.88 46.03 % Of Sales - 9.60% 9.61% 8.70% 8.13% 8.71% 7.87% General & Admin Exp. - 12.14 11.42 8.61 8.04 4.73 2.72 % Of Sales - 0.79% 0.81% 0.63% 0.67% 0.55% 0.46% Selling & Distn. Exp. - 31.45 30.78 33.16 26.54 20.41 10.92 % Of Sales - 2.03% 2.18% 2.44% 2.22% 2.37% 1.87% Miscellaneous Exp. - 10.19 9.05 7.34 9.19 4.41 19.68 % Of Sales - 0.66% 0.64% 0.54% 0.77% 0.51% 3.36% EBITDA 510.39 470.69 406.69 387.54 340.94 230.89 158.75 EBITDA Margin 31.08% 30.44% 28.87% 28.53% 28.49% 26.85% 27.14% Other Income 31.54 30.81 37.45 13.35 5.74 6.06 5.86 Interest 11.22 10.47 7.53 11.78 12.48 7.16 11.78 Depreciation 94.73 89.04 77.06 64.73 54.18 37.74 35.76 PBT 435.98 401.98 359.55 324.39 280.02 192.05 117.06 Tax 108.58 100.35 92.12 81.40 71.33 49.76 30.61 Tax Rate 24.90% 24.96% 25.62% 25.09% 25.47% 25.91% 26.15% PAT 327.40 301.63 267.44 242.98 208.70 142.29 86.45 PAT before Minority Interest 327.40 301.63 267.44 242.98 208.70 142.29 86.45 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 19.94% 19.51% 18.98% 17.89% 17.44% 16.54% 14.78% PAT Growth 21.60% 12.78% 10.07% 16.43% 46.67% 64.59% EPS 34.68 31.95 28.33 25.74 22.11 15.07 9.16

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Shareholder's Funds 2,128.28 1,849.69 1,612.49 988.30 787.61 645.16 558.47 478.51 183.76 160.29 Share Capital 18.87 18.85 18.84 17.90 17.90 8.95 8.95 8.95 7.90 7.90 Total Reserves 2,102.15 1,820.89 1,587.98 970.40 769.71 636.21 549.52 469.56 175.86 152.39 Non-Current Liabilities 48.99 39.33 31.62 81.22 96.99 53.49 75.86 100.32 181.71 126.04 Secured Loans 0.00 0.00 0.00 58.18 74.05 30.00 49.42 65.07 155.83 107.77 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 4.80 4.80 4.80 4.98 Long Term Provisions 0.00 0.00 0.00 0.00 0.00 3.33 0.60 0.35 0.08 0.00 Current Liabilities 455.69 325.63 241.83 256.64 245.26 175.54 128.67 140.05 210.64 108.76 Trade Payables 59.43 45.36 55.53 47.74 44.23 37.93 35.91 27.61 32.96 28.02 Other Current Liabilities 63.20 44.64 36.72 59.76 30.63 13.95 36.02 32.11 37.48 16.76 Short Term Borrowings 329.62 227.29 143.31 134.34 161.64 119.82 50.71 73.40 131.92 62.76 Short Term Provisions 3.43 8.34 6.27 14.81 8.76 3.84 6.03 6.94 8.28 1.22 Total Liabilities 2,632.96 2,214.65 1,885.94 1,326.16 1,129.86 874.19 763.00 718.88 576.11 395.09 Net Block 1,107.91 907.20 743.67 678.44 456.19 414.65 275.45 290.82 284.99 217.04 Gross Block 1,487.14 1,227.75 988.05 859.11 585.82 506.54 332.41 319.40 470.68 379.78 Accumulated Depreciation 379.23 320.55 244.37 180.67 129.63 91.89 56.96 28.59 185.69 162.75 Non Current Assets 1,561.96 1,296.04 1,144.30 836.21 704.28 538.98 486.18 411.25 313.31 251.00 Capital Work in Progress 237.37 122.70 126.69 74.75 212.26 40.37 109.14 46.14 8.90 6.61 Non Current Investment 0.90 0.10 0.10 0.00 0.41 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 186.34 128.19 81.30 60.00 34.94 83.57 101.48 74.14 12.01 18.56 Other Non Current Assets 29.44 137.85 192.53 23.02 0.48 0.38 0.11 0.16 7.41 8.80 Current Assets 1,070.99 918.60 741.65 489.33 424.97 334.59 276.83 307.62 262.80 144.09 Current Investments 237.03 79.58 0.00 0.00 0.00 0.00 0.00 30.27 0.00 0.00 Inventories 232.76 232.42 224.17 169.60 183.98 121.57 75.65 97.73 76.09 53.31 Sundry Debtors 394.78 426.54 356.92 308.06 222.04 165.57 137.85 169.13 172.41 79.83 Cash & Bank 52.85 136.54 121.73 0.34 1.46 27.78 55.76 5.08 7.06 3.30 Other Current Assets 153.57 22.87 12.11 3.39 17.49 19.67 7.57 5.41 7.23 7.65 Short Term Loans & Adv. 140.64 20.65 26.73 7.94 8.70 8.79 3.23 2.29 4.55 5.98 Net Current Assets 615.31 592.97 499.81 232.69 179.71 159.05 148.16 167.57 52.16 35.32 Total Assets 2,632.95 2,214.64 1,885.95 1,325.54 1,129.25 873.57 763.01 718.87 576.11 395.09

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Shareholder's Funds 2,128.13 1,849.55 1,612.49 988.30 787.62 645.16 Share Capital 18.87 18.85 18.84 17.90 17.90 8.95 Total Reserves 2,102.00 1,820.75 1,587.98 970.40 769.72 636.21 Non-Current Liabilities 48.99 39.33 31.62 81.22 96.99 53.49 Secured Loans 0.00 0.00 0.00 58.18 74.05 30.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 0.00 0.00 0.00 0.00 0.00 3.33 Current Liabilities 455.69 326.35 241.84 256.64 245.26 175.74 Trade Payables 59.44 45.36 55.54 47.74 44.23 37.93 Other Current Liabilities 63.20 44.64 36.72 59.76 30.63 10.50 Short Term Borrowings 329.62 227.99 143.31 134.34 161.64 123.47 Short Term Provisions 3.43 8.36 6.27 14.80 8.76 3.84 Total Liabilities 2,632.81 2,215.23 1,885.95 1,326.16 1,129.87 874.39 Net Block 1,108.42 907.71 743.67 678.44 456.19 414.65 Gross Block 1,487.65 1,228.26 988.05 859.11 585.82 506.54 Accumulated Depreciation 379.23 320.55 244.37 180.67 129.63 91.89 Non Current Assets 1,561.71 1,296.59 1,144.20 836.21 703.87 538.98 Capital Work in Progress 237.47 122.80 126.69 74.75 212.26 40.37 Non Current Investment 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 186.37 128.22 81.30 60.00 34.94 83.57 Other Non Current Assets 29.44 137.85 192.53 23.02 0.48 0.38 Current Assets 1,071.10 918.64 741.75 489.33 425.39 334.79 Current Investments 237.03 79.58 0.00 0.00 0.42 0.00 Inventories 232.76 232.42 224.17 169.60 183.98 121.57 Sundry Debtors 394.78 426.54 356.92 308.06 222.04 165.77 Cash & Bank 52.94 136.56 121.84 0.34 1.46 27.78 Other Current Assets 153.59 22.87 12.11 3.39 17.49 19.67 Short Term Loans & Adv. 140.66 20.66 26.73 7.94 8.70 8.79 Net Current Assets 615.41 592.29 499.91 232.69 180.13 159.05 Total Assets 2,632.81 2,215.23 1,885.95 1,325.54 1,129.26 873.77

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 16 Mar 15
Cash From Operating Activity 444.70 292.36 189.43 209.46 80.28 38.95 28.45 PBT 401.99 359.67 324.39 280.03 192.05 20.44 16.88 Adjustment 77.00 63.81 72.11 71.20 40.20 26.67 17.72 Changes in Working Capital 58.91 -47.90 -123.20 -77.94 -108.86 -1.22 -3.09 Cash after chg. in Working capital 537.90 375.59 273.30 273.29 123.38 45.88 31.51 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -93.21 -83.23 -83.86 -63.84 -43.11 -6.93 -3.07 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -497.63 -319.44 -469.83 -172.45 -165.66 -24.49 -5.02 Net Fixed Assets -374.06 -235.71 -180.88 -135.78 -429.66 -53.76 Net Investments -158.25 -79.58 -0.10 0.41 -0.41 0.00 Others 34.68 -4.15 -288.85 -37.08 264.41 29.27 Cash from Financing Activity 65.63 39.47 280.92 -37.01 82.52 -16.84 -22.30 Net Cash Inflow / Outflow 12.70 12.39 0.52 -0.01 -2.87 -2.37 1.12 Opening Cash & Equivalents 12.93 0.54 0.01 0.02 2.89 5.14 4.02 Closing Cash & Equivalent 25.63 12.93 0.54 0.01 0.02 2.77 5.14

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22
Cash From Operating Activity 444.67 292.33 189.44 209.46 80.29 PBT 401.98 359.55 324.39 280.03 192.05 Adjustment 77.00 64.58 72.11 71.21 40.19 Changes in Working Capital 58.89 -48.58 -123.19 -77.94 -108.84 Cash after chg. in Working capital 537.87 375.56 273.30 273.29 123.40 Interest Paid 0.00 0.00 0.00 0.00 0.00 Tax Paid -93.21 -83.23 -83.86 -63.84 -43.11 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -496.83 -320.20 -469.73 -172.45 -165.68 Net Fixed Assets -374.06 -235.71 -180.88 -135.78 Net Investments -158.25 -79.58 -0.10 0.41 Others 35.48 -4.91 -288.75 -37.08 Cash from Financing Activity 64.93 40.17 280.92 -37.01 82.52 Net Cash Inflow / Outflow 12.77 12.30 0.63 -0.01 -2.87 Opening Cash & Equivalents 12.95 0.64 0.01 0.02 2.89 Closing Cash & Equivalent 25.72 12.95 0.64 0.01 0.02

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Book Value (Rs.) 224.80 195.21 170.57 110.43 88.00 800.62 73.33 88.50 76.08 57.02 ROA 12.44% 13.05% 15.13% 17.00% 14.20% 0.93% -2.64% 1.65% 2.66% -1.73% ROE 15.23% 15.53% 18.73% 23.50% 19.86% 6.73% -18.91% 11.21% 20.13% -12.08% ROCE 18.19% 19.16% 22.69% 26.18% 21.81% 11.36% 8.27% 15.34% 13.08% 7.47% Fixed Asset Turnover 1.15 1.28 1.48 1.66 1.57 1.17 1.04 1.18 1.01 0.82 Receivable days 96.31 100.84 88.98 80.66 82.25 76.08 76.13 68.32 78.26 99.02 Inventory Days 54.55 58.77 52.69 53.80 64.84 69.42 79.88 80.55 84.55 112.29 Payable days 30.27 31.12 31.59 30.46 38.61 73.68 81.76 52.12 43.20 43.26 Cash Conversion Cycle 120.58 128.48 110.08 104.00 108.48 71.82 74.24 96.76 119.61 168.05 Total Debt/Equity 0.16 0.12 0.09 0.22 0.31 4.18 4.84 4.15 4.30 5.07 Interest Cover 39.38 48.74 28.55 23.45 27.83 1.18 0.74 1.32 1.37 1.34

Description Mar 26 Mar 25 Mar 24 Mar 23 Mar 22
Book Value (Rs.) 224.79 195.20 170.57 110.43 88.00 ROA 12.44% 13.04% 15.13% 16.99% 12.59% ROE 15.23% 15.52% 18.73% 23.50% 18.07% ROCE 18.19% 19.15% 22.69% 26.18% 19.38% Fixed Asset Turnover 1.15 1.28 1.48 1.66 1.47 Receivable days 96.31 100.84 88.98 80.66 94.23 Inventory Days 54.55 58.77 52.69 53.80 78.08 Payable days 30.27 31.12 31.59 30.46 41.57 Cash Conversion Cycle 120.58 128.48 110.08 104.00 130.75 Total Debt/Equity 0.16 0.12 0.09 0.22 0.31 Interest Cover 39.38 48.73 28.55 23.45 27.83

Top Investors:

sbi small cap fund

hsbc mutual fund - hsbc small cap fund

kotak small cap fund

axis mutual fund trustee limiteda/c mutual fund a/c axis small cap fund

ikigai emerging equity fund

Annual Reports:

News Update:

Happy Forgings - Quarterly Results
5th Aug 2026, 00:00 AM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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