Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'25
Mar'24
Mar'23
Net Sales
1,408.89
1,358.24
1,196.53
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,408.89
1,358.24
1,196.53
Raw Material Cost
602.78
629.73
547.72
Purchase of Finished goods
0.00
0.00
0.00
(Increase) / Decrease In Stocks
-11.11
-33.14
3.33
Employee Cost
124.82
114.46
87.78
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.01
0.01
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
285.71
259.64
216.75
Total Expenditure (Excl Depreciation)
1,002.20
970.70
855.59
Operating Profit (PBDIT) excl Other Income
406.69
387.54
340.94
Other Income
37.45
13.35
5.74
Operating Profit (PBDIT)
444.14
400.89
346.68
Interest
7.53
11.78
12.48
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
436.61
389.11
334.20
Depreciation
77.06
64.73
54.18
Profit Before Tax
359.55
324.39
280.03
Tax
92.12
81.40
71.33
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
267.44
242.98
208.70
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
267.44
242.98
208.70
Share in Profit of Associates
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
267.44
242.98
208.70
Equity Capital
18.85
18.84
17.90
Face Value
2.0
2.0
2.0
Reserves
1,830.70
1,593.65
970.41
Earnings per share (EPS)
28.38
25.79
23.32
Diluted Earnings per share
28.37
26.75
23.32
Operating Profit Margin (Excl OI)
28.87%
28.53%
28.49%
Gross Profit Margin
30.99%
28.65%
27.93%
PAT Margin
18.98%
17.89%
17.44%
Public Share Holdings (%)
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2025 is 3.73% vs 13.51% in Mar 2024
Consolidate Net Profit
YoY Growth in year ended Mar 2025 is 10.07% vs 16.43% in Mar 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2025 is 4.94% vs 13.67% in Mar 2024
Interest
YoY Growth in year ended Mar 2025 is -36.08% vs -5.61% in Mar 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2025 has improved from Mar 2024
Compare Annual Results Of Happy Forgings With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
1,408.89
4,287.44
-2,878.55
-67.14%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,408.89
4,287.44
-2,878.55
-67.14%
Raw Material Cost
602.78
1,657.79
-1,055.01
-63.64%
Purchase of Finished goods
0.00
2.83
-2.83
-100.00%
(Increase) / Decrease In Stocks
-11.11
77.09
-88.20
-114.41%
Employee Cost
124.82
185.48
-60.66
-32.70%
Power Cost
0.00
301.00
-301.00
-100.00%
Manufacturing Expenses
0.00
269.06
-269.06
-100.00%
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
285.71
644.98
-359.27
-55.70%
Total Expenditure (Excl Depreciation)
1,002.20
3,138.23
-2,136.03
-68.06%
Operating Profit (PBDIT) excl Other Income
406.69
1,149.21
-742.52
-64.61%
Other Income
37.45
331.63
-294.18
-88.71%
Operating Profit (PBDIT)
444.14
1,480.84
-1,036.70
-70.01%
Interest
7.53
21.09
-13.56
-64.30%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
436.61
1,459.75
-1,023.14
-70.09%
Depreciation
77.06
103.07
-26.01
-25.24%
Profit Before Tax
359.55
1,356.68
-997.13
-73.50%
Tax
92.12
308.36
-216.24
-70.13%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
267.44
1,048.32
-780.88
-74.49%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
267.44
1,048.32
-780.88
-74.49%
Share in Profit of Associates
0.00
11.75
-11.75
-100.00%
Minority Interest
0.00
0.66
-0.66
-100.00%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
267.44
1,060.74
-793.30
-74.79%
Equity Capital
18.85
18.66
0.19
1.02%
Face Value
2.00
2.00
0.00
Reserves
1,830.70
6,908.33
-5,077.63
-73.50%
Earnings per share (EPS)
28.38
113.69
-85.31
-75.04%
Diluted Earnings per share
28.37
113.14
-84.77
-74.92%
Operating Profit Margin (Excl OI)
28.87%
27.19%
0.00
1.68%
Gross Profit Margin
30.99%
34.54%
0.00
-3.55%
PAT Margin
18.98%
25.08%
0.00
-6.10%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 1,408.89 Cr
in Mar 2025Figures in Cr
YoY Growth in year ended Mar 2025 is 3.73% vs 13.51% in Mar 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 267.44 Cr
in Mar 2025Figures in Cr
YoY Growth in year ended Mar 2025 is 10.07% vs 16.43% in Mar 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 406.69 Cr
in Mar 2025Figures in Cr
YoY Growth in year ended Mar 2025 is 4.94% vs 13.67% in Mar 2024
Annual - Interest
Interest 7.53 Cr
in Mar 2025Figures in Cr
YoY Growth in year ended Mar 2025 is -36.08% vs -5.61% in Mar 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 28.87%
in Mar 2025Figures in %
YoY Growth in year ended Mar 2025 has improved from Mar 2024






