NSE
BSEThe Quarter story
The two most recent quarterly results, compared side-by-side.
Happy Forgings delivers steady revenue and profit growth, backed by expanding capacity and healthy margins.
Revenue grows from ₹354 Cr in Q1 FY26 to ₹449 Cr in Q1 FY27, reflecting strong order demand.
Forging capacity utilisation holds at 59% from Q1 FY26 to Q1 FY27, indicating stable but unaccelerated demand.
EBITDA margin rises from 28.6% in Q1 FY26 to 31.3% in Q1 FY27, showing improved pricing power.
Employee cost rises from ₹32 Cr in Q1 FY26 to ₹39 Cr in Q1 FY27, tracking workforce expansion.
Volume expands from 14,457 MT in Q1 FY26 to 17,793 MT in Q1 FY27, confirming consistent production output.
Raw material cost increases from ₹149 Cr in Q1 FY26 to ₹177 Cr in Q1 FY27, aligning with higher production volumes.
PAT increases from ₹66 Cr in Q1 FY26 to ₹91 Cr in Q1 FY27, delivering steady bottom-line growth.
