Happy Forgings Limited

HAPPYFORGE NSE Industrials Castings & Forgings
₹2,169.00
-2.88%
Delayed · cached 15 min
Fair Value Analysis →

Price Chart

Price50-day avg200-day avg

How to read this: the line is the closing price over time. The two dashed lines are moving averages — the average price over the last 50 and 200 trading days — which smooth out daily noise to show the broader trend. Price above its moving averages reflects recent strength; below reflects recent weakness. Use the buttons to change the time range. Prices are end-of-day, not live.

Strengths

  • Low debt: debt-to-equity of 0.16.
  • Comfortable interest cover: operating profit covers interest about 47.1 times.
  • Return on equity is healthy at 15%.
  • Return on capital employed is healthy at 18%.
  • Net profit margin is strong at 19.5%.
  • Profit has compounded about 28% a year over five years.
  • Sales have compounded about 21% a year over five years.
  • Pays a dividend (yield about 0.18%).
  • Has paid a dividend in 4 of the last 5 years.
  • Promoters hold a majority stake (78.46%).

!Watch-points

  • Recent profit growth (22%) is slower than the five-year pace (28%).

These points are generated automatically from the company’s reported figures to highlight what stands out. They are descriptive observations for educational purposes only — not advice or a recommendation to buy, sell, or hold.

Forensic Checks

Altman Z-ScoreSafe zone
6.96

In Altman’s original study, companies in this range showed a low incidence of financial distress.

Computed without the working-capital term (current-asset split not available for this stock).

Piotroski F-ScoreModerate
4 / 7

The F-Score adds one point for each of several year-on-year signs of improving profitability, lower leverage and better efficiency. Higher is generally stronger.

Based on 7 of the 9 signals — the rest need data not available for this stock.

These are well-known academic screening models, shown for educational context only. They describe historical financial patterns and are not predictions, advice, or a recommendation to buy, sell, or hold.

Key Ratios

Market Cap₹ 20,476 Cr
Current Price₹ 2,169.00
High / Low₹ 2,470.00 / 888.75
Stock P/E62.507202
Book Value₹ 226.00
Dividend Yield0%
ROCE18.00%
ROE15.00%
Face Value₹ 2.00
Debt to Equity0.16
PEG Ratio4.81
EV / EBITDA37.14
Industry PE30.05
P/B Ratio9.616281
EPS₹ 31.97
Debt₹ 330 Cr
PAT Margin19.53%
Cash PAT₹ 391 Cr
ICR47.10
Promoter Holding78.46%
FII Holding1.88%
DII Holding15.54%
Public Holding4.12%

Note on calculated ratios: where a value is not published in the source data, we compute it from the reported financials — Debt to Equity = total borrowings ÷ (equity capital + reserves); EV / EBITDA = (market cap + debt − cash) ÷ (operating profit + depreciation); PEG = P/E ÷ 3-year profit growth %. These may differ slightly from other sources that use different periods or TTM figures. Current Price, Market Cap and P/E reflect the live quote (cached 15 min).

Compounded Sales Growth
10 Years
5 Years 21.00%
3 Years 9.00%
TTM 16.00%
Compounded Profit Growth
10 Years
5 Years 28.00%
3 Years 13.00%
TTM 22.00%
Stock Price CAGR
10 Years
5 Years
3 Years
1 Year 132.00%
Return on Equity
10 Years
5 Years 18.00%
3 Years 16.00%
Last Year 15.00%
Educational data only. Not a recommendation to buy, sell or hold any security.