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Happy Forgings PE ratio, market cap and valuation

NSE: HAPPYFORGEBSE: 544057Industrial ProductsSmall Cap

Last close ₹1,762.00down ₹56.00 (3.08%)BSE ₹1,761.80

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,818.00.

52-week range of traded prices to 23 Oct 2026
₹976.00Low, 6 Nov 2025₹2,470.00High, 1 Sep 2026
Market cap
₹16,633 Cr504th largest listed
P/E
50.8
P/B
7.8
Dividend yield
0.23%
ROE
16.5%
ROCE
16.9%
Debt to equity
0.15
Volume, NSE
1,21,10851.4% delivered

Happy Forgings PE ratio and valuation against its own history

Each ratio on 23 Oct 2026 beside its median over each window. The ratios are on standalone accounts to Mar 2024 and consolidated from Mar 2025. The PE ratio is the market cap over the profit of the last twelve months.

  • Price to earnings50.80today

    1 year

    Median 43.30

    Today is at or above 76% of the 247 days

  • Price to book7.82today

    1 year

    Median 6.26

    Today is at or above 78% of the 247 days

    3 years, since May 2024

    Median 5.85

    Today is at or above 91% of the 596 days

  • Price to sales10.13today

    1 year

    Median 8.42

    Today is at or above 77% of the 247 days

  • EV to EBITDA33.13today

    1 year

    Median 28.34

    Today is at or above 76% of the 247 days

  • Dividend yield0.23%today

    1 year

    Median 0.23%

    Today is at or above 49% of the 247 days

    3 years, since Jan 2024

    Median 0.29%

    Today is at or above 36% of the 684 days

  • Earnings yield1.97%today

    1 year

    Median 2.31%

    Today is at or above 25% of the 247 days

Each track ranks every trading day in the window from the day the ratio was lowest to the day it was highest; the dot is today. The share under it is how many of those days the ratio was at or below today's level, so a high share means today is higher than on most days in the window. A window is shown only when the ratio is held on most of its trading days; a day after a loss-making year has no P/E. Dividend yield is in per cent. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.

How each ratio is worked out, with today's figures

The twelve months: Filed 4 AugThe balance sheet: Filed 21 May

  • Price to earnings =Market cap÷Net profit, last twelve months₹327 Cr
  • Price to book =Market cap÷Net worth₹2,128 Cr
  • Price to sales =Market cap÷Revenue, last twelve months₹1,642 Cr
  • Enterprise value =Market cap+Borrowings₹330 Cr−Cash₹53 Cr
  • EV to EBITDA =Enterprise value÷Operating profit, last twelve months₹510 Cr
  • Market cap =Close×Shares in issue9,44,01,146at 30 Sep 2026

Consolidated accounts, the twelve months to Jun 2026, balance sheet at Mar 2026, ₹ crore.Happy Forgings financials ›

Happy Forgings valuation at each year end

On the last trading day of each March, the month the company's year ends.Happy Forgings dividend history

RatioMar 2024Mar 2025Mar 2026
Market cap (₹ crore)8,3827,41210,905
Price to earningsNo full year27.938.2
Price to bookNo balance sheet4.35.6
Price to salesNo full year5.37.4
EV to EBITDANo full year18.625.0
Dividend yield0.00%0.51%0.26%
Earnings yieldNo full year3.6%2.6%
A ratio that does not exist on the day says why in its cell. The ratios are on standalone accounts to Mar 2024 and consolidated from Mar 2025.

Happy Forgings market cap, since Jan 2024

The last trading day of each month.

Market cap, ₹ crore

  • Market cap

Earnings per share, book value and enterprise value

From the close on 23 Oct 2026, with the last twelve months' results.

Enterprise value
₹16,910 Cr
P/E to growth
2.35
Earnings per share
₹34.68
Book value per share
₹225.43
Dividends, last 12 months
₹4.00
Public's market cap
₹3,586 Cr

Against Castings & Forgings

30 listed companies in Castings & Forgings, each priced on its last trading day; Happy Forgings is 3rd among them by market cap. Each median leaves out Happy Forgings itself and takes the other companies that have the figure.

Industry median P/E
21.9Across 24 other companies
Industry median P/B
2.6Across 21 other companies
Industry median EV/EBITDA
16.8Across 17 other companies
Industry median dividend yield
0.55%Across 10 other companies