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Happy Forgings Ltd

NSE:HAPPYFORGEIndustrialsNSE:NIFTY_MICROCAP250NSE:NIFTY_TOTAL_MKT

₹1,866.80+0.04%At closeAt close · Mon 19 Oct · ≈ AED 72.13 · Market cap $1.85B · Next earnings Thu 5 Nov

Ratio	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026	Current · undated	YoY
Gross margin	47.3%	44.6%	42.4%	45.5%	47.2%	44.6%	—	—
Operating margin	22.6%	24.3%	27.1%	26.0%	25.5%	24.7%	24.7%	+0.0 pts
Net margin	15.8%	17.9%	19.4%	19.5%	20.6%	19.5%	19.5%	+0.0 pts
EBITDA margin	29.9%	29.8%	32.2%	32.2%	34.2%	32.4%	—	—
Return on equity	13.4%	18.1%	21.1%	15.1%	14.5%	14.2%	14.2%	+0.0 pts
Return on assets	9.9%	12.6%	15.7%	12.9%	12.1%	11.5%	11.5%	+0.0 pts
Return on capital employed	17.8%	21.8%	27.2%	19.7%	17.5%	17.5%	—	—
Debt / equity	0.2×	0.3×	0.2×	0.1×	0.1×	0.2×	0.2×	+0.0%
Debt / assets	17.5%	21.3%	16.5%	7.6%	10.3%	12.5%	—	—
Interest coverage	10.5×	27.0×	23.3×	27.4×	43.8×	36.4×	—	—
Current ratio	1.9×	1.7×	1.9×	3.1×	2.8×	2.4×	2.4×	+0.0%
Quick ratio	1.2×	1.0×	1.2×	2.1×	2.1×	1.8×	—	—
Cash ratio	0.0×	0.0×	0.0×	0.0×	0.4×	0.1×	0.1×	+0.0%
Asset turnover	0.6×	0.7×	0.8×	0.7×	0.6×	0.6×	—	—
Inventory turnover	2.4×	2.4×	3.6×	3.0×	2.9×	3.7×	—	—
Receivables turnover	3.1×	3.5×	3.5×	3.4×	3.0×	3.9×	—	—
Dividend payout	0.0%	0.0%	0.0%	4.8%	14.1%	9.4%	—	—