Is Happy Forgings Limited a good investment? Happy Forgings Limited (HAPPYFORGE.NS) is currently trading at 1940.90 INR. Market analysts have a consensus price target of 1980.43 INR. This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 57.50. This high multiple suggests investors have priced in significant future growth expectations.
Earnings Schedule: Happy Forgings Limited is expected to release its next earnings report on Nov. 5, 2026. The market consensus estimate for Forward EPS is 50.42.
For income investors, Happy Forgings Limited pays a dividend yield of 0.18%. With a payout ratio of 9%, the dividend appears sustainable.
Yes, it pays an annual dividend of 4.00 INR (0.18% yield).
Happy Forgings Limited is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
The next earnings date is projected to be Nov. 5, 2026. The company currently has a trailing EPS of 34.60.
Happy Forgings Limited manufactures and sells forgings and machined components for the automotive and industrial sectors in India and internationally. The company offers crankshafts; differential cases; front axle beams and steering knuckles; railway parts, including camshafts, connecting rods, piston pins, spacers, and others; brake flanges and suspension brackets; and transmission parts, such as shafts and spindles, crown wheels and pinions, and rings. It also offers windmill application products, including planet carrier, pinion shaft, and housing; oil and gas components, such as valve body; and bicycle pedals. It serves the original equipment manufacturers, manufacturers of commercial and passenger vehicles, farm equipment, and off highway and industrial equipment, as well as machinery for oil and gas, aerospace, power generation, railways, and wind turbine industries. Happy Forgings Limited was incorporated in 1979 and is based in Ludhiana, India.
| Year | Total Dividends |
|---|---|
| ▸2027 |
4.00 INR
|
| Aug. 30, 2027 (estimated) | 4.0000 |
| ▸2026 |
4.00 INR
|
| Aug. 26, 2026 | 4.0000 |
| ▸2025 |
3.00 INR
|
| Aug. 28, 2025 | 3.0000 |
| ▸2024 |
4.00 INR
|
| Aug. 28, 2024 | 4.0000 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Happy Forgings Limited | Aug 26, 2026 | Paid | 4.0 INR |
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