Happy Forgings Reports Record Financial Metrics Amidst Market Challenges

Happy Forgings, a small-cap player in the Castings & Forgings industry, has recently undergone a financial trend adjustment, reflecting a notable improvement in its performance metrics for the quarter ending September 2025. The company reported its highest operating cash flow at Rs 292.36 crore, alongside record net sales of Rs 377.39 crore. Additionally, the company achieved a peak PBDIT of Rs 115.80 crore, with an impressive operating profit margin of 30.68% relative to net sales.
Other key indicators also showed strong performance, including a profit before tax (PBT) of Rs 92.35 crore and a profit after tax (PAT) of Rs 73.44 crore. The earnings per share (EPS) reached Rs 7.79, marking a significant achievement for the company.

Despite the positive financial performance, Happy Forgings has faced challenges in the stock market, with a year-to-date return of -0.35% and a one-year return of -13.7%, contrasting with the Sensex's gains. Over the past month, however, the stock has outperformed the Sensex, indicating a potential recovery phase. As the company continues to navigate market dynamics, its recent financial results highlight a strong operational foundation.