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Happy Forgings Limited (HAPPYFORGE) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Industrials · Metal Fabrication · DATA UPDATED 2026-09-20

Happy Forgings Limited (HAPPYFORGE) operates in the Metal Fabrication industry and is headquartered in Ludhiana, India with about 3,512 employees. Its market capitalization is roughly ₹203 billion. In the fiscal year ended 2026-03-31, HAPPYFORGE reported ₹14.2B in revenue and ₹3.0B in net income.

Happy Forgings Limited manufactures and sells forgings and machined components for the automotive and industrial sectors in India and internationally.

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HAPPYFORGE Revenue & Earnings History — Annual Income Statement

Income statement2026-03-312025-03-312024-03-312023-03-312022-03-31
Total Revenue₹14.2B₹13.0B₹12.4B₹10.7B
Gross Profit₹6.9B₹6.1B₹5.7B₹4.6B
Operating Income (EBIT)₹3.8B₹3.3B₹3.2B₹2.9B
Net Income₹3.0B₹2.7B₹2.4B₹2.1B

INR; ₹M / ₹B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HAPPYFORGE Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-06-302025-03-31
Total Revenue₹4.5B₹4.2B₹3.9B₹3.5B₹3.5B
Gross Profit₹2.7B₹2.5B₹2.3B₹2.0B₹2.1B
Operating Income (EBIT)₹1.1B₹1.1B₹980M₹806M₹820M
Net Income₹915M₹836M₹789M₹657M₹676M

INR; ₹M / ₹B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HAPPYFORGE Free Cash Flow History

Cash flow2026-03-312025-03-312024-03-312023-03-312022-03-31
Dividends Paid(₹283M)(₹377M)(₹116M)

INR; ₹M / ₹B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

HAPPYFORGE Balance Sheet History

Balance sheet2026-03-312025-03-312024-03-312023-03-312022-03-31
Total Assets₹26.3B₹22.2B₹18.9B₹13.3B
Total Liabilities₹5.0B₹3.7B₹2.7B₹3.4B

INR; ₹M / ₹B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive HAPPYFORGE viewer.

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