Happy Forgings Limited

Happy Forgings Limitedverified

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

The PE Ratio as of December 2025 (TTM) for Happy Forgings Limited (HAPPYFORGE.NS) is 36.18

According to Happy Forgings Limited’s latest financial reports and current stock price. The company's current PE Ratio is 36.18. This represents a change of 13.16% compared to the average of 31.97 of the last 4 quarters.

Happy Forgings Limited (HAPPYFORGE.NS) Historical PE Ratio (quarterly & annually)

How has HAPPYFORGE.NS PE Ratio performed in the past?

The mean historical PE Ratio of Happy Forgings Limited over the last ten years is 67.47. The current 36.18 PE Ratio has changed 5.26% with respect to the historical average. Over the past ten years (40 quarters), HAPPYFORGE.NS's PE Ratio was at its highest in in the December 2022 quarter at 58.37. The PE Ratio was at its lowest in in the March 2025 quarter at 27.54.

Quarterly (TTM)
Annual

Average

67.47

Median

57.39

Minimum

27.88

Maximum

115.40

Happy Forgings Limited (HAPPYFORGE.NS) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Happy Forgings Limited PE 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 = 0%

Maximum Annual PE Ratio = 115.40

Minimum Annual Increase = -39.24%

Minimum Annual PE Ratio = 27.88

Quarterly (TTM)
Annual
YearPE RatioChange
202527.88-18.98%
202434.41-26.04%
202346.53-31.82%
202268.25-39.24%
2021112.33-2.67%

Happy Forgings Limited (HAPPYFORGE.NS) Average PE Ratio

How has HAPPYFORGE.NS PE Ratio performed in the past?

The current PE Ratio of Happy Forgings Limited (HAPPYFORGE.NS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

36.28

5-year avg

57.88

10-year avg

67.47

Happy Forgings Limited (HAPPYFORGE.NS) PE Ratio vs. Peers

How is HAPPYFORGE.NS’s PE Ratio compared to its peers?

Happy Forgings Limited’s PE Ratio is less than Sansera Engineering Limited (41.20), less than Sansera Engineering Limited (41.20), less than Ramkrishna Forgings Limited (64.82), less than Ramkrishna Forgings Limited (64.82), less than RHI Magnesita India Ltd. (58.89), less than RHI Magnesita India Limited (58.89), greater than Kirloskar Ferrous Industries Limited (23.99), greater than Balu Forge Industries Limited (31.03), greater than Nesco Limited (21.01), greater than Nesco Limited (21.01),

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