How has been the historical performance of Happy Forgings?

Answer:The historical performance of Happy Forgings shows a consistent growth trend in net sales and profit over the past three years.

Breakdown:
Happy Forgings has demonstrated a steady increase in net sales, rising from 1,196.53 Cr in Mar'23 to 1,408.89 Cr in Mar'25. The total operating income followed a similar trajectory, reaching 1,408.89 Cr in Mar'25, up from 1,196.53 Cr in Mar'23. The company's operating profit (PBDIT) also improved, climbing from 346.68 Cr in Mar'23 to 444.14 Cr in Mar'25, while the profit before tax increased from 280.03 Cr to 359.55 Cr over the same period. Profit after tax saw a rise from 208.70 Cr in Mar'23 to 267.44 Cr in Mar'25, reflecting a growing profitability margin, with the PAT margin increasing from 17.44% to 18.98%. On the balance sheet, total assets grew significantly from 1,326.16 Cr in Mar'23 to 2,215.22 Cr in Mar'25, while total liabilities also rose from 1,326.16 Cr to 2,215.22 Cr, indicating a proportional increase in the company's financial obligations. The cash flow from operating activities improved from 80.00 Cr in Mar'22 to 292.00 Cr in Mar'25, contributing to a net cash inflow of 12.00 Cr in Mar'25, a positive shift from previous years. Overall, Happy Forgings has shown robust growth in sales, profits, and cash flow, alongside a significant increase in total assets.