HAPPYFORGE Q1 FY27 results at a glance
HAPPY FORGINGS LIMITED Q1 FY27 key results metrics| Quarter | Q1 FY27 |
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| Quarter ended | 30 Jun 2026 |
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| Revenue | ₹449 cr |
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| Revenue YoY | +27.0% |
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| Operating profit | ₹115 cr |
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| Operating margin | 25.5% |
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| Net profit | ₹91.46 cr |
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| Net profit YoY | +39.2% |
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| Net profit QoQ | +9.5% |
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| Net margin | 20.4% |
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| Basic EPS | ₹9.70 |
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| TTM revenue | ₹1,618 cr |
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| TTM net profit | ₹320 cr |
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| TTM net margin | 19.8% |
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HAPPYFORGE Q1 FY27 results: what the numbers say
HAPPY FORGINGS LIMITED (HAPPYFORGE) has reported its Q1 FY27 results for the quarter ended 2026-06-30. The company posted revenue of ₹449 cr and a net profit of ₹91.46 cr, translating into earnings per share of ₹9.70.
Compared with the same quarter a year earlier, revenue grew strongly by +27.0% and net profit grew strongly by +39.2%. Profit rising faster than revenue points to better cost control or operating leverage flowing through the P&L.
Operating profit for the quarter stood at ₹115 cr, an operating margin of 25.5% versus 22.8% a year ago — a gain of 2.7 percentage points.
HAPPYFORGE quarter-wise results table
Net profit
₹91.46 cr
+39.2% YoY
Operating profit
₹115 cr
+42.2% YoY
HAPPY FORGINGS LIMITED (HAPPYFORGE) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q1 FY272026-06-30 | ₹449 cr | ₹115 cr | ₹91.46 cr | 25.5% | 20.4% | ₹9.70 | +39.2% | +9.5% |
| Q4 FY262026-03-31 | ₹424 cr | ₹109 cr | ₹83.55 cr | 25.7% | 19.7% | ₹8.86 | +23.5% | +5.8% |
| Q3 FY262025-12-31 | ₹391 cr | ₹97.97 cr | ₹78.94 cr | 25.0% | 20.2% | ₹8.37 | — | +20.2% |
| Q1 FY262025-06-30 | ₹354 cr | ₹80.6 cr | ₹65.69 cr | 22.8% | 18.6% | ₹6.97 | — | -2.9% |
| Q4 FY252025-03-31 | ₹352 cr | ₹81.99 cr | ₹67.63 cr | 23.3% | 19.2% | ₹7.18 | — | — |
| TTM (last 4 quarters) | ₹1,618 cr | ₹402 cr | ₹320 cr | 24.8% | 19.8% | ₹33.90 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
HAPPYFORGE quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
HAPPY FORGINGS LIMITED quarterly income statement| Particulars | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q1 FY262025-06-30 | Q4 FY252025-03-31 |
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| Revenue / Sales | ₹449 cr | ₹424 cr | ₹391 cr | ₹354 cr | ₹352 cr |
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| Total expenses | ₹335 cr | ₹315 cr | ₹293 cr | ₹273 cr | ₹270 cr |
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| Gross profit | ₹273 cr | ₹252 cr | ₹230 cr | ₹205 cr | ₹206 cr |
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| Operating profit (EBIT) | ₹115 cr | ₹109 cr | ₹97.97 cr | ₹80.6 cr | ₹81.99 cr |
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| Operating margin | 25.5% | 25.7% | 25.0% | 22.8% | 23.3% |
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| Interest cost | ₹3.06 cr | ₹3.81 cr | ₹2.46 cr | ₹2.3 cr | ₹2.45 cr |
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| Profit before tax | ₹123 cr | ₹111 cr | ₹104 cr | ₹88.64 cr | ₹89.56 cr |
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| Tax expense | ₹31.18 cr | ₹27.5 cr | ₹24.73 cr | ₹22.96 cr | ₹21.93 cr |
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| Effective tax rate | 25.4% | 24.8% | 23.9% | 25.9% | 24.5% |
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| Net profit (PAT) | ₹91.46 cr | ₹83.55 cr | ₹78.94 cr | ₹65.69 cr | ₹67.63 cr |
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| Net profit margin | 20.4% | 19.7% | 20.2% | 18.6% | 19.2% |
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| Basic EPS | ₹9.70 | ₹8.86 | ₹8.37 | ₹6.97 | ₹7.18 |
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| Diluted EPS | ₹9.68 | ₹8.84 | ₹8.30 | ₹6.96 | ₹7.18 |
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HAPPYFORGE results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q1 FY26 | Q4 FY25 |
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| Revenue YoY | +27.0% | +20.4% | — | — | — |
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| Revenue QoQ | +6.0% | +8.3% | +10.6% | +0.5% | — |
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| Operating profit YoY | +42.2% | +32.7% | — | — | — |
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| Operating profit QoQ | +5.3% | +11.1% | +21.6% | -1.7% | — |
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| Net profit YoY | +39.2% | +23.5% | — | — | — |
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| Net profit QoQ | +9.5% | +5.8% | +20.2% | -2.9% | — |
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| EPS YoY | +39.2% | +23.4% | — | — | — |
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| EPS QoQ | +9.5% | +5.9% | +20.1% | -2.9% | — |
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HAPPYFORGE annual results history
Full-year performance for HAPPY FORGINGS LIMITED, useful for reading each quarter in context.
HAPPY FORGINGS LIMITED annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
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| Revenue / Sales | ₹1,423 cr | ₹1,296 cr | ₹1,243 cr | ₹1,074 cr |
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| Total expenses | ₹1,041 cr | ₹966 cr | ₹920 cr | ₹783 cr |
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| Gross profit | ₹689 cr | ₹612 cr | ₹565 cr | ₹456 cr |
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| Operating profit (EBIT) | ₹382 cr | ₹330 cr | ₹323 cr | ₹291 cr |
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| Operating margin | 26.9% | 25.5% | 26.0% | 27.1% |
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| Interest cost | ₹9.83 cr | ₹7 cr | ₹11.01 cr | ₹11.91 cr |
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| Profit before tax | ₹402 cr | ₹360 cr | ₹324 cr | ₹280 cr |
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| Tax expense | ₹100 cr | ₹92.12 cr | ₹81.4 cr | ₹71.33 cr |
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| Effective tax rate | 25.0% | 25.6% | 25.1% | 25.5% |
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| Net profit (PAT) | ₹302 cr | ₹267 cr | ₹243 cr | ₹209 cr |
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| Net profit margin | 21.2% | 20.6% | 19.5% | 19.4% |
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| Basic EPS | ₹31.99 | ₹28.39 | ₹25.79 | ₹22.15 |
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| Diluted EPS | ₹31.92 | ₹28.37 | ₹25.79 | ₹22.15 |
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Revenue trend and demand read-through
Topline for Q1 FY27 came in at ₹449 cr against ₹354 cr in Q1 FY26, and ₹424 cr in the preceding Q4 FY26 quarter.
On a sequential basis revenue grew +6.0%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹335 cr, or 74.5% of revenue, with operating profit grew +42.2% year on year.
Margins, tax and profitability
Net profit of ₹91.46 cr works out to a net margin of 20.4% compared with 18.6% in the year-ago quarter. Margin expansion of this kind usually reflects a better product or service mix, softer input costs, or tighter overheads.
Below the operating line, HAPPY FORGINGS LIMITED reported profit before tax of ₹123 cr, a tax charge of ₹31.18 cr (effective rate 25.4%), interest cost of ₹3.06 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹83.55 cr in Q4 FY26 to ₹91.46 cr in Q1 FY27, a change of +9.5%.
Trailing twelve months and annual context
Across the trailing four quarters HAPPY FORGINGS LIMITED has generated revenue of ₹1,618 cr and net profit of ₹320 cr, a trailing net margin of 19.8%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹1,423 cr with net profit of ₹302 cr and EPS of ₹31.99, versus the prior year where revenue grew +9.8% and profit grew +12.8%.
What to watch in the next HAPPYFORGE quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.
HAPPY FORGINGS LIMITED has not yet intimated its next results date to the exchange. This page refreshes automatically from filings and the board-meeting calendar, so the tables above will reflect the next quarter as soon as it is reported.
All figures here are as reported to the exchanges and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
HAPPYFORGE results coverage
No results report published for HAPPYFORGE yet — our desk covers each quarter within minutes of the filing.
HAPPYFORGE quarterly results FAQs
What were HAPPY FORGINGS LIMITED (HAPPYFORGE) Q1 FY27 results?
In Q1 FY27 (quarter ended 30 Jun 2026), HAPPY FORGINGS LIMITED reported revenue of ₹449 cr and net profit of ₹91.46 cr, a change of +39.2% year on year on +27.0% revenue growth. EPS stood at ₹9.70.
What is HAPPYFORGE profit margin in Q1 FY27?
HAPPY FORGINGS LIMITED posted a net profit margin of 20.4% and an operating margin of 25.5% in Q1 FY27. On a trailing twelve-month basis, revenue is ₹1,618 cr and net profit ₹320 cr.
Did HAPPYFORGE results beat the previous quarter?
HAPPY FORGINGS LIMITED net profit changed +9.5% quarter on quarter, from ₹83.55 cr in Q4 FY26 to ₹91.46 cr in Q1 FY27.
When are HAPPY FORGINGS LIMITED (HAPPYFORGE) quarterly results?
HAPPY FORGINGS LIMITED has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see HAPPYFORGE latest quarterly results?
Results coverage for HAPPYFORGE will appear here as soon as the company reports. Meanwhile you can track live price and technicals on the HAPPYFORGE stock page.
What is HAPPY FORGINGS LIMITED annual revenue and profit?
For FY26, HAPPY FORGINGS LIMITED reported full-year revenue of ₹1,423 cr and net profit of ₹302 cr, with EPS of ₹31.99.
How many quarterly results has HAPPYFORGE declared recently?
Past results dates for HAPPYFORGE will be listed here from the exchange calendar.
Results dates sourced from the exchange board-meeting calendar; reported figures from company filings, last refreshed 12 Sept 2026. For information only, not investment advice.
