HAPPYFORGE.NS
Price:
$1041
Market Cap:
$98.17B
Happy Forgings Limited engages in the manufacture of forgings and related components in India. It offers heavy forged and machined products, including bicycle pedals, brake flanges, bushes, bull gears, camshafts, crankshafts, connecting rods, crown wheels, differential cases, front axle beams, steering knuckles, differential cases, semi-machined transmission parts, planetary carriers, pinion shafts, piston pins, ring gears, suspension brackets, and valve bodies. The company serves the manufacturers of heavy commercial vehicles, farm equipment, and off highway and industrial equipment, as well as machinery for oil and gas, aerospace, defense, power generation, railways, and wind turbine indus...[Read more]
Industry
Manufacturing - Metal Fabrication
IPO Date
2023-12-27
Stock Exchange
NSE
Ticker
HAPPYFORGE.NS
According to Happy Forgings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.15. This represents a change of 111.33% compared to the average of 1.49 of the last 4 quarters.
The mean historical Current Ratio of Happy Forgings Limited over the last ten years is 2.26. The current 3.15 Current Ratio has changed 13.87% with respect to the historical average. Over the past ten years (40 quarters), HAPPYFORGE.NS's Current Ratio was at its highest in in the September 2025 quarter at 3.15. The Current Ratio was at its lowest in in the June 2022 quarter at 0.
Average
2.26
Median
2.03
Minimum
1.74
Maximum
3.07
Discovering the peaks and valleys of Happy Forgings Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 60.66%
Maximum Annual Current Ratio = 3.07
Minimum Annual Increase = -13.39%
Minimum Annual Current Ratio = 1.74
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.81 | -8.22% |
| 2024 | 3.07 | 60.66% |
| 2023 | 1.91 | 10.02% |
| 2022 | 1.74 | -6.88% |
| 2021 | 1.86 | -13.39% |
The current Current Ratio of Happy Forgings Limited (HAPPYFORGE.NS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.60
5-year avg
2.28
10-year avg
2.26
Happy Forgings Limited’s Current Ratio is greater than Sansera Engineering Limited (2.12), greater than Sansera Engineering Limited (2.12), greater than Ramkrishna Forgings Limited (1.06), greater than Ramkrishna Forgings Limited (1.06), greater than RHI Magnesita India Ltd. (2.61), greater than RHI Magnesita India Limited (2.61), greater than Kirloskar Ferrous Industries Limited (1.14), greater than Balu Forge Industries Limited (0), greater than Nesco Limited (1.93), greater than Nesco Limited (1.93),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.12 | $102.76B | |
| 2.12 | $102.56B | |
| 1.06 | $95.79B | |
| 1.06 | $95.99B | |
| 2.61 | $92.32B | |
| 2.61 | $92.39B | |
| 1.14 | $78.68B | |
| 0 | $70.40B | |
| 1.93 | $86.66B | |
| 1.93 | $86.93B |
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