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Happy Forgings share price

Happy Forgings Ltd.

NSE: HAPPYFORGE BSE: 544057 SECTOR: Forgings  19k   22   5

905.35
-24.45 (-2.63%)
NSE: Today, 03:58 PM

Price Summary

Today's High

₹ 918.7

Today's Low

₹ 890

52 Week High

₹ 1087.4

52 Week Low

₹ 813.2

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

8528.84 Cr.

Enterprise Value

8747.01 Cr.

No. of Shares

9.42 Cr.

P/E

40.87

P/B

4.15

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  217.97

CASH

0.34 Cr.

DEBT

218.52 Cr.

Promoter Holding

78.6 %

EPS (TTM)

₹  22.15

Sales Growth

39.12%

ROE

23.5 %

ROCE

26.18%

Profit Growth

46.68 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year39.12%
3 Year28.95%
5 Year28.51%

Profit Growth

1 Year46.68%
3 Year37.7%
5 Year69.78%

ROE%

1 Year23.5%
3 Year19.24%
5 Year19.46%

ROCE %

1 Year26.18%
3 Year21.82%
5 Year20.92%

Debt/Equity

0.2211

Price to Cash Flow

40.72

Interest Cover Ratio

23.4457910514757

CFO/PAT (5 Yr. Avg.)

1.02418242485552

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 78.6 0
Dec 2023 78.6 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 37.695183559222% for the Past 3 years.
  • The company has shown a good revenue growth of 28.9454372876232% for the Past 3 years.
  • Company has been maintaining healthy ROCE of 21.8177628266927% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 23.4457910514757.
  • The Company has been maintaining an effective average operating margins of 25.1722801669314% in the last 5 years.
  • Company’s PEG ratio is 0.875429806528224.
  • The company has a good cash flow management; CFO/PAT stands at 1.02418242485552.
  • The company has a high promoter holding of 78.6%.
  • Promoter stake has increased from 0% to 78.6% in the last 1 quarter.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023
Net Sales 341.99
Total Expenditure 246.81
Operating Profit 95.18
Other Income 3.32
Interest 3.78
Depreciation 17.06
Exceptional Items 0
Profit Before Tax 77.67
Tax 19.77
Profit After Tax 57.9
Adjusted EPS (Rs) 6.15

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 374.69 558.09 584.96 860.05 1196.53
Total Expenditure 299.88 415.65 426.21 629.16 855.59
Operating Profit 74.81 142.44 158.74 230.89 340.94
Other Income 1.78 6.82 5.86 6.06 5.75
Interest 28.65 25.06 11.78 7.16 12.48
Depreciation 27.51 28.4 35.76 37.74 54.18
Exceptional Items 0 0 0 0 0
Profit Before Tax 20.44 95.8 117.06 192.05 280.03
Tax 3.47 15.86 30.61 49.76 71.33
Net Profit 16.96 79.94 86.45 142.28 208.7
Adjusted EPS (Rs.) 2.15 8.93 9.66 15.9 23.32

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 7.9 8.95 8.95 17.9 17.9
Total Reserves 122.97 549.53 636.21 769.71 970.4
Borrowings 134.99 54.22 30 74.05 58.18
Other N/C liabilities 23.56 21.65 23.49 22.94 23.05
Current liabilities 120.09 128.67 175.54 245.26 256.64
Total Liabilities 409.5 763.01 874.19 1129.86 1326.16
Assets
Net Block 232.3 275.45 414.65 456.19 678.44
Capital WIP 1.28 108.35 39.42 212.26 74.75
Intangible WIP 0 0.79 0.95 0 0
Investments 0 0 0 0.41 0
Loans & Advances 25.75 101.48 83.57 34.94 60
Other N/C Assets 0 0.11 1 1.1 23.64
Current Assets 150.17 276.83 334.59 424.97 489.33
Total Assets 409.5 763.01 874.19 1129.86 1326.16
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 20.44 96.48 117.06 192.05 280.03
Adjustment 26.67 49.81 45.62 40.2 71.2
Changes in Assets & Liabilities -1.22 47.32 -78.91 -108.86 -77.94
Tax Paid -6.93 -24.91 -33.91 -43.11 -63.84
Operating Cash Flow 38.95 168.71 49.85 80.28 209.46
Investing Cash Flow -24.49 -118.92 -58.69 -165.66 -172.45
Financing Cash Flow -16.84 -49.99 9.67 82.52 -37.01
Net Cash Flow -2.37 -0.19 0.84 -2.87 -0.01

Corporate Actions

Investors Details

PARTICULARS Dec 2023% Mar 2024%
promoters 78.60 78.60
ashish garg 13.74 13.74
ashish garg & sons huf 0.27 0.27
ayush capital and financi... 11.41 11.41
megha garg 2.57 2.57
paritosh kumar 49.89 49.89
paritosh kumar garg huf 0.73 0.73
PARTICULARS Dec 2023% Mar 2024%
investors 21.40 21.40
india business excellence... - 8.80
kotak small cap fund 1.40 2.36
sbi flexicap fund - 1.32
india business excellence... 8.80 -

Annual Reports

No Annual reports exist for this company.Report us

Ratings & Research Reports

Company Presentations

Happy Forgings Stock Price Analysis and Quick Research Report. Is Happy Forgings an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Happy Forgings has a PE ratio of 40.8662092624357 which is high and comparatively overvalued .

  • Share Price: - The current share price of Happy Forgings is Rs 905.35. One can use valuation calculators of ticker to know if Happy Forgings share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Happy Forgings has ROA of 16.9950582670099 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Happy Forgings has a Current ratio of 1.90666576269179 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Happy Forgings has a ROE of 23.5035817434104 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Happy Forgings has a D/E ratio of 0.2211 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Happy Forgings has an Inventory turnover ratio of 6.76795905271217 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Happy Forgings has reported revenue growth of 39.1239275419562 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Happy Forgings for the current financial year is 28.493772987328 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Happy Forgings is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Happy Forgings

Happy Forgings Limited.. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Happy Forgings Limited Ltd is a leading player in the forging industry. With a strong presence in the market, the company has built a reputation for delivering high-quality forged products to various industries. Established in [year], Happy Forgings Limited Ltd has grown steadily over the years and has become a trusted name in the industry.

Happy Forgings Limited  - Share Price

The share price of Happy Forgings Limited Ltd reflects the market sentiment towards the company. Investors can track the share price on our website to stay updated on the latest trends. Our pre-built screening tools provide an easy way to analyze the share price and identify any potential investment opportunities.

Happy Forgings Limited  - Balance Sheet

The balance sheet of Happy Forgings Limited Ltd provides important insights into the company's financial position. Investors can access the balance sheet on our website to assess the company's assets, liabilities, and shareholders' equity. Our premium features, such as the DCF Analysis and BVPS Analysis tools, allow investors to calculate the fair value of the company based on its balance sheet.

Happy Forgings Limited - Annual Report

The annual report of Happy Forgings Limited Ltd is a comprehensive document that provides a detailed overview of the company's performance throughout the year. Investors can download the annual report from our website to gain valuable insights into the company's operations, financials, and future prospects.

Happy Forgings Limited - Dividend

A key aspect for long-term investors is dividends. Happy Forgings Limited Ltd has a track record of consistently rewarding shareholders through dividends. Investors can stay updated on the dividend announcements and payouts on our website. The fair value calculation tools, such as the Dividend Discount Model, can assist investors in determining the value of the company's dividend payments.

Happy Forgings Limited - Quarterly Result

Tracking the quarterly results of Happy Forgings Limited Ltd is crucial for investors to assess the company's performance and identify any emerging trends. Investors can find the quarterly results on our website and use the premium features like the Earnings multiple approach to analyze the earnings potential of the company.

Happy Forgings Limited - Stock Price

The stock price of Happy Forgings Limited Ltd is subject to market dynamics and investor sentiment. Our website provides a live stock price chart that allows investors to track the stock's performance over time. Investors can also utilize our tools, such as the DuPont Analysis, to delve deeper into the factors impacting the stock price.

Happy Forgings Limited - Price Chart

The price chart of Happy Forgings Limited Ltd visually represents the stock's historical movements. Investors can analyze the price chart on our website to identify patterns, trends, and potential entry or exit points. Our pre-built screening tools can further assist investors in conducting technical analysis based on the price chart.

Happy Forgings Limited - News

Staying updated on the latest news and developments related to Happy Forgings Limited Ltd is essential for investors. Our website provides a dedicated section where investors can access news articles, press releases, and market updates pertaining to the company. This valuable information enables investors to make well-informed investment decisions.

Happy Forgings Limited - Concall Transcripts

Listening to the conference call transcripts of Happy Forgings Limited Ltd can provide investors with insights into the management's perspective on the company's performance and future plans. Investors can download the concall transcripts from our website to gain a deeper understanding of the company's strategy and outlook.

Happy Forgings Limited - Investor Presentations

Investor presentations by Happy Forgings Limited Ltd serve as a valuable resource for investors to understand the company's business model, growth prospects, and financial performance. Investors can access these presentations on our website to gain insights directly from the management and make informed investment decisions.

Happy Forgings Limited - Promoters

The promoters of Happy Forgings Limited Ltd play a vital role in shaping the company's strategy and decision-making process. Our website provides information about the promoters, their background, and their shareholding in the company. Understanding the promoters' track record and vision can provide investors with confidence and a long-term perspective.

Happy Forgings Limited - Shareholders

Happy Forgings Limited Ltd has a diverse shareholder base, comprising individual and institutional investors. Our website provides information about the major shareholders of the company, helping investors understand the investor sentiment and potential market impact. This information can assist investors in making informed decisions based on the shareholding pattern.

In conclusion, Happy Forgings Limited Ltd provides comprehensive stock analysis tools and resources to enable investors to make well-informed decisions. The company profile, share price, balance sheet, annual report, dividend, quarterly results, stock price, news, concall transcripts, investor presentations, promoters, and shareholders information provided on our website empower long-term stock investors to perform thorough analysis and make confident investment choices. Our pre-built screening tools and premium features, such as fair value calculation tools, further enhance the analytical capabilities of investors.

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