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 ROE as of December 2025 (TTM) for Happy Forgings Limited (HAPPYFORGE.NS) is 14.73%

According to Happy Forgings Limited’s latest financial reports and current stock price. The company's current ROE is 14.73%. This represents a change of 299.92% compared to the average of 3.68% of the last 4 quarters.

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

How has HAPPYFORGE.NS ROE performed in the past?

The mean historical ROE of Happy Forgings Limited over the last ten years is 16.07%. The current 14.73% ROE has changed -8.37% with respect to the historical average. Over the past ten years (40 quarters), HAPPYFORGE.NS's ROE was at its highest in in the June 2022 quarter at 7.39%. The ROE was at its lowest in in the September 2022 quarter at 0%.

Quarterly (TTM)
Annual

Average

16.07%

Median

14.76%

Minimum

13.40%

Maximum

21.12%

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

Discovering the peaks and valleys of Happy Forgings Limited ROE, 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 = 34.82%

Maximum Annual ROE = 21.12%

Minimum Annual Increase = -28.64%

Minimum Annual ROE = 13.40%

Quarterly (TTM)
Annual
YearROEChange
202514.46%-4.04%
202415.07%-28.64%
202321.12%16.89%
202218.07%34.82%
202113.40%-6.39%

Happy Forgings Limited (HAPPYFORGE.NS) Average ROE

How has HAPPYFORGE.NS ROE performed in the past?

The current ROE 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

16.88%

5-year avg

16.42%

10-year avg

16.07%

Happy Forgings Limited (HAPPYFORGE.NS) ROE vs. Peers

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

Happy Forgings Limited’s ROE is less than Sansera Engineering Limited (10.09%), less than Sansera Engineering Limited (10.09%), less than Ramkrishna Forgings Limited (4.85%), less than Ramkrishna Forgings Limited (4.85%), less than RHI Magnesita India Ltd. (3.95%), less than RHI Magnesita India Limited (3.95%), less than Kirloskar Ferrous Industries Limited (9.52%), less than Balu Forge Industries Limited (23.07%), less than Nesco Limited (15.77%), less than Nesco Limited (15.77%),

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