Happy Forgings Ltd (HAPPYFORGE) Financials - Quarterly Results, Profit & Loss, Balance Sheet, Cash Flow Happy Forgings Ltd reported sales of ₹449 Cr, operating profit of ₹141 Cr (OPM 31%) and net profit of ₹91 Cr for the quarter ended Jun 2026. Figures in ₹ crore, consolidated where available.
HAPPYFORGE quarterly results (₹ Cr) Metric Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sales 361 354 352 354 377 391 424 449 Expenses 256 253 250 253 262 271 291 309 Operating Profit 105 101 102 101 116 120 133 141 OPM 29% 29% 29% 29% 31% 31% 31% 31% Other Income 13 7 10 10 6 8 6 11 Interest 2 2 2 2 2 2 4 3 Depreciation 20 19 20 21 22 22 25 26 Profit before tax 97 87 90 89 99 104 111 123 Tax 27% 26% 24% 26% 26% 24% 25% 25% Net Profit 71 65 68 66 73 79 84 91 EPS in Rs 7.58 6.85 7.18 6.97 7.79 8.37 8.86 9.69
HAPPYFORGE profit & loss, annual (₹ Cr) Metric Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM Sales 860 1,197 1,358 1,409 1,546 1,642 Expenses 629 856 971 1,002 1,076 1,132 Operating Profit 231 341 388 407 471 510 OPM 27% 28% 29% 29% 30% 31% Other Income 6 6 13 37 31 32 Interest 7 12 12 8 10 11 Depreciation 38 54 65 77 89 95 Profit before tax 192 280 324 360 402 436 Tax 26% 25% 25% 26% 25% - Net Profit 142 209 243 267 302 327 EPS in Rs 15.9 23.32 25.79 28.38 31.97 34.71 Dividend Payout 0% 6% 16% 11% 13% -
HAPPYFORGE balance sheet (₹ Cr) Metric Mar 2023 Mar 2024 Mar 2025 Sep 2025 Mar 2026 Equity Capital 18 19 19 19 19 Reserves 970 1,594 1,831 1,940 2,109 Borrowings 219 143 228 193 330 Other Liabilities 119 130 138 149 175 Total Liabilities 1,326 1,886 2,215 2,301 2,633 Fixed Assets 678 744 908 952 1,108 CWIP 75 127 123 226 237 Investments 0 0 80 85 237 Other Assets 573 1,016 1,105 1,038 1,050 Total Assets 1,326 1,886 2,215 2,301 2,633
HAPPYFORGE cash flows (₹ Cr) Metric Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Cash from Operating Activity 80 209 189 292 445 Cash from Investing Activity -166 -172 -470 -320 -497 Cash from Financing Activity 83 -37 281 40 65 Net Cash Flow -3 0 1 12 13 Free Cash Flow -111 35 -5 12 -16 CFO/OP 53% 80% 71% 92% 114%
HAPPYFORGE ratios Metric Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Debtor Days 94 94 96 110 93 Inventory Days 173 112 137 143 134 Days Payable 42 32 34 28 34 Cash Conversion Cycle 226 175 199 226 193 Working Capital Days 76 71 102 97 77 ROCE 22% 26% 23% 19% 18%