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Happy Forgings Ltd
NSE:HAPPYFORGE

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Happy Forgings Ltd
NSE:HAPPYFORGE
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Price: 1 132.1 INR -0.52% Market Closed
Market Cap: ₹106.8B

Net Margin

18.9%
Current
Declining
by 0.1%
vs 3-y average of 18.9%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
18.9%
=
Net Income
₹2.7B
/
Revenue
₹14.4B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
18.9%
=
Net Income
₹2.7B
/
Revenue
₹14.4B

Peer Comparison

Country Company Market Cap Net
Margin
IN
Happy Forgings Ltd
NSE:HAPPYFORGE
106.8B INR
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IN
Endurance Technologies Ltd (CN)
NSE:ENDURANCE
344.9B INR
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IN
Endurance Technologies Ltd
BSE:540153
344.2B INR
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CN
Ningbo Xusheng Auto Technology Co Ltd
SSE:603305
21.6B CNY
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US
Nexteer Automotive Group Ltd
HKEX:1316
16.6B HKD
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IN
Gabriel India Ltd
NSE:GABRIEL
139.3B INR
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AU
ARB Corporation Ltd
F:A7W
1.3B EUR
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AU
ARB Corp Ltd
ASX:ARB
2.1B AUD
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US
Fox Factory Holding Corp
NASDAQ:FOXF
769.1m USD
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CN
Shanghai Carthane Co Ltd
SSE:603037
4.7B CNY
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JP
Press Kogyo Co Ltd
TSE:7246
88.2B JPY
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Market Distribution

Higher than 83% of companies in India
Percentile
83nd
Based on 5 531 companies
83nd percentile
18.9%
Low
-305 007.7% — 2.1%
Typical Range
2.1% — 11.6%
High
11.6% — 1 221 633.3%
Distribution Statistics
India
Min -305 007.7%
30th Percentile 2.1%
Median 5.8%
70th Percentile 11.6%
Max 1 221 633.3%

Happy Forgings Ltd
Glance View

Market Cap
106.8B INR
Industry
N/A

In the bustling industrial town of Ludhiana, India, Happy Forgings Ltd. emerges as a key player in the world of crafting precision-engineered forged components. Since its inception, the company has honed the art of transforming raw materials into intricate parts used in various applications, from automotive to industrial machinery. By employing advanced forging techniques, Happy Forgings adds value to steel and other metals, leveraging heat and pressure to shape them into components that meet the rigorous standards of its clients. This blend of tradition and cutting-edge technology allows the company to maintain a strong foothold in a competitive market, where quality and precision are paramount. The lifeblood of Happy Forgings’ business model flows through its diverse product portfolio, catering to both domestic and international markets. With a keen focus on innovation and efficiency, the company has ingrained quality control and process optimization into its operations, ensuring that each component it produces is synonymous with reliability. This commitment to quality not only reinforces longstanding relationships with its clientele but also opens doors to new market opportunities across the globe. As a result, Happy Forgings generates revenue through the strategic sale of these highly engineered components, which are essential to various high-stakes industries, supporting its growth trajectory and solidifying its reputation as a trusted supplier in the global forging landscape.

HAPPYFORGE Intrinsic Value
721.81 INR
Overvaluation 36%
Intrinsic Value
Price
H
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
18.9%
=
Net Income
₹2.7B
/
Revenue
₹14.4B
What is Happy Forgings Ltd's current Net Margin?

The current Net Margin for Happy Forgings Ltd is 18.9%, which is below its 3-year median of 18.9%.

How has Net Margin changed over time?

Over the last 10 months, Happy Forgings Ltd’s Net Margin has decreased from 19% to 18.9%. During this period, it reached a low of 18.9% on Oct 30, 2025 and a high of 19% on Mar 31, 2025.

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