Happy Forgings vs Peers
- Market cap
- ₹18,188 crore
- P/E
- 55.6
- P/B
- 8.55
- ROE
- 15.2%
- Dividend yield
- 0.21%
Happy Forgings ranks 3rd by market capitalisation among 4 Castings & Forgings companies tracked by ATS. Its largest peers are PTC Industries, AIA Engineering and Balu Forge Industries. Its P/E of 55.6 compares with a peer median of 28.5.
Happy Forgings vs Castings & Forgings peers
Sorted by market capitalisation.
| Company | Close (₹) | 1D | Market cap (₹ cr) | P/E | P/B | ROE | 1Y return |
|---|---|---|---|---|---|---|---|
| PTC Industries | 24,380.00 | +5.43% | 36,552 | 291.0 | 24.25 | 7.0% | +12.5% |
| AIA Engineering | 3,864.40 | -1.28% | 36,063 | 28.5 | 4.49 | 17.0% | +12.5% |
| Happy Forgings | 1,927.70 | -3.10% | 18,188 | 55.6 | 8.55 | 15.2% | +22.0% |
| Balu Forge Industries | 511.80 | -2.88% | 6,213 | 23.2 | 3.20 | 16.4% | +12.5% |
Source: NSE end-of-day prices; ratios from company filings. Data as of 7 October 2026. How this data is compiled.
Happy Forgings peer comparison — frequently asked questions
Who are Happy Forgings' competitors?
Happy Forgings' listed peers in Castings & Forgings include PTC Industries, AIA Engineering and Balu Forge Industries, ranked here by market capitalisation.
How does Happy Forgings' P/E compare with its peers?
Happy Forgings trades at a P/E of 55.6, against a median of 28.5 across the 3 Castings & Forgings peers shown.
Which is the largest company among Happy Forgings' peers?
By market capitalisation, the largest company in the group is PTC Industries at ₹36,552 crore, against ₹18,188 crore for Happy Forgings.
Same Data For Peers
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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.