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 profits over the past three years.

Breakdown:
Happy Forgings has demonstrated a strong upward trajectory in its financial performance from March 2023 to March 2025. Net sales increased from 1,196.53 Cr in March 2023 to 1,408.89 Cr in March 2025, reflecting a solid growth in total operating income, which also rose from 1,196.53 Cr to 1,408.89 Cr during the same period. The company managed to reduce its raw material costs from 629.73 Cr in March 2024 to 602.78 Cr in March 2025, contributing to an operating profit (PBDIT) growth from 346.68 Cr to 444.14 Cr. Profit before tax similarly increased from 280.03 Cr to 359.55 Cr, leading to a profit after tax rise from 208.70 Cr to 267.44 Cr. The earnings per share (EPS) improved from 23.32 in March 2023 to 28.38 in March 2025, indicating enhanced shareholder value. On the balance sheet, total assets grew significantly from 1,326.16 Cr in March 2023 to 2,215.22 Cr in March 2025, while total liabilities also increased, reflecting the company's expanding operations. The cash flow from operating activities rose from 80.00 Cr in March 2022 to 292.00 Cr in March 2025, showcasing improved cash generation capabilities. Overall, Happy Forgings has shown robust growth in sales, profits, and asset base, indicating a positive financial trajectory.