HAPPY FORGINGS LIMITED |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,220 INR | -0.76% |
|
-1.17% | +18.58% |
| Jun. 24 | Happy Forgings Limited(BSE:544057) added to S&P Global BMI Index | CI |
| May. 24 | Happy Forgings Limited Reports Earnings Results for the Full Year Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: Marzo | 2024 | 2025 | 2026 |
|---|---|---|---|
| Capitalization 1 | 83,824 | 115,863 | - |
| Enterprise Value (EV) 1 | 84,079 | 115,863 | 115,863 |
| P/E ratio | 33.3 x | 36 x | 28.2 x |
| Yield | 0.45% | 0.44% | 0.57% |
| Capitalization / Revenue | 6.17 x | 6.97 x | 5.84 x |
| EV / Revenue | 6.17 x | 6.97 x | 5.84 x |
| EV / EBITDA | 21.6 x | 23.8 x | 19.8 x |
| EV / FCF | -50.8 x | 98.8 x | 77.6 x |
| FCF Yield | -1.97% | 1.01% | 1.29% |
| Price to Book | 5.2 x | 6.16 x | 5.22 x |
| Nbr of stocks (in thousands) | 94,205 | 94,205 | - |
| Reference price 2 | 889.8 | 1,230 | 1,230 |
| Announcement Date | 5/24/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Marzo | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net sales 1 | - | 13,582 | 16,616 | 19,842 |
| EBITDA 1 | - | 3,875 | 4,870 | 5,862 |
| EBIT 1 | - | 3,228 | 4,065 | 5,068 |
| Operating Margin | - | 23.77% | 24.46% | 25.54% |
| Earnings before Tax (EBT) 1 | - | 3,244 | 4,314 | 5,293 |
| Net income 1 | 2,087 | 2,430 | 3,222 | 3,964 |
| Net margin | - | 17.89% | 19.39% | 19.98% |
| EPS 2 | 23.32 | 26.75 | 34.20 | 43.65 |
| Free Cash Flow 1 | - | -1,651 | 1,172 | 1,494 |
| FCF margin | - | -12.16% | 7.06% | 7.53% |
| FCF Conversion (EBITDA) | - | - | 24.08% | 25.48% |
| FCF Conversion (Net income) | - | - | 36.38% | 37.68% |
| Dividend per Share 2 | - | 4.000 | 5.450 | 7.050 |
| Announcement Date | 8/14/23 | 5/24/24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: Marzo | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | 2025 Q4 |
|---|---|---|---|---|---|
| Net sales 1 | 3,433 | 3,727 | 4,186 | 4,343 | 4,477 |
| EBITDA 1 | 971.4 | 1,075 | 1,235 | 1,301 | 1,343 |
| EBIT | - | - | - | - | - |
| Operating Margin | - | - | - | - | - |
| Earnings before Tax (EBT) 1 | 874.6 | 930 | 1,095 | 1,162 | 1,206 |
| Net income 1 | 657.8 | 693 | 816 | 866 | 899 |
| Net margin | 19.16% | 18.59% | 19.49% | 19.94% | 20.08% |
| EPS | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 5/24/24 | - | - | - | - |
1INR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: Marzo | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net Debt | - | 255 | - | - |
| Net Cash position | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.0659 x | - | - |
| Free Cash Flow 1 | - | -1,651 | 1,173 | 1,494 |
| ROE (net income / shareholders' equity) | - | 18.7% | 18.5% | 20% |
| ROA (Net income/ Total Assets) | - | - | - | - |
| Assets 1 | - | - | - | - |
| Book Value Per Share 2 | - | 171.0 | 200.0 | 235.0 |
| Cash Flow per Share | - | - | - | - |
| Capex 1 | - | 1,941 | 2,000 | 1,750 |
| Capex / Sales | - | 14.29% | 12.04% | 8.82% |
| Announcement Date | 8/14/23 | 5/24/24 | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
1,230
INR
Average target price
1,335
INR
Spread / Average Target
+8.55%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +18.58% | 1.39B | |
| +18.19% | 48.07B | |
| -19.29% | 19.7B | |
| +29.58% | 16.92B | |
| +98.73% | 16.3B | |
| -7.06% | 15.71B | |
| -3.38% | 14.83B | |
| -19.90% | 13.16B | |
| -24.52% | 12.7B | |
| +57.09% | 12.39B |
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- HAPPYFORGE Stock
- Financials Happy Forgings Limited
