Happy Forgings Financial Results
- Market cap
- ₹18,188 crore
- P/E
- 55.6
- P/B
- 8.55
- ROE
- 15.2%
- Dividend yield
- 0.21%
For the year ended Mar 2023, Happy Forgings reported revenue of ₹1,074 crore and net profit of ₹209 crore, against ₹1,243 crore and ₹243 crore a year earlier.
Happy Forgings annual profit and loss
Financial years, newest first. TTM = trailing twelve months.
| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|
| Revenue | 1,074 | 1,243 | 1,296 | 1,423 | 1,518 |
| Expenses | 728 | 855 | 889 | 951 | 1,007 |
| Operating profit | 345 | 388 | 407 | 471 | 511 |
| Operating margin % | 32% | 31% | 31% | 33% | 34% |
| Other income | 1 | 12 | 37 | 29 | 30 |
| Interest | 12 | 11 | 7 | 10 | 11 |
| Depreciation | 54 | 65 | 77 | 89 | 95 |
| Profit before tax | 280 | 324 | 360 | 402 | 436 |
| Tax % | 25% | 25% | 26% | 25% | 25% |
| Net profit | 209 | 243 | 267 | 302 | 327 |
| EPS (₹) | 22.15 | 25.79 | 28.38 | 31.97 | 34.70 |
| Dividend payout % | — | — | — | — | — |
Source: Company filings (consolidated), in ₹ crore. Data as of 7 October 2026. How this data is compiled.
Happy Forgings financial results — frequently asked questions
What is Happy Forgings' annual revenue and net profit?
For the financial year ended Mar 2023, Happy Forgings' revenue was ₹1,074 crore and net profit ₹209 crore; net profit fell 13.99% from ₹243 crore in Mar 2024.
How fast has Happy Forgings grown over three years?
From Mar 2026 to Mar 2023, Happy Forgings' revenue grew at a compound annual rate of -9.0% and net profit at -11.5%. Past growth does not indicate future results.
What is the EPS of Happy Forgings?
Annual EPS for Mar 2023 was ₹22.15.
Are these figures consolidated or standalone?
They are consolidated figures as reported by the company, in ₹ crore. Trailing-twelve-month and half-year columns are labelled separately and are not counted as financial years.
Same Data For Peers
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