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HAPPYFORGE

Happy Forgings Limited
Small-capCapital Goods ↗

What the six lenses say about HAPPYFORGE — its relative strength vs the baselines, price & RS trend, the 8-quarter financials, and live filings.

Price
₹2231.4
2026-09-08
VWAP · 1Y anchor
₹1421
+57.0% from VWAP
P/E · TTM
69.8×
TTM EPS ₹32.0
52-week range
88%
position low→high
RSI(14)
59
momentum

Own sector index

Capital Goods ↗
Neutral

1M

-2.4%

3M

+4.6%

1Y

+9.1%

Breadth >EMA21

43%

How HAPPYFORGE’s own sector index is moving — context for reading the stock’s six lenses.

Six-lens read

What the six lenses say

How the lenses are scored ↗
Strength
5.5
avg conviction decile
Leadership
—
top-decile composite in cohort
Each lens is a decile within its cap cohort (D10 = top 10%) — no black-box composite. Expand a lens for the real numbers behind it.
LensDecile · Small-cap cohortDRaw
TechnicalD788›

The actual numbers

Price vs VWAP (1y)+57.0%
EMA trend stackUp · 21>50>200
Price vs 200-EMA+50.6%
Price vs 50-EMA+14.7%
RSI(14)59
RS vs Nifty 500 · 3M+60.7%
RS vs sector · 3M+60.6%
52-week range88%
Volume vs 30d avg0.37×
Volume vs 60d avg0.41×
ATR(14) · volatility107.9
Bollinger width · vol contraction0.215
FundamentalD759›

The actual numbers

Return on equity (ROE)14.2%
Operating margin26.7%
Net margin19.5%
Revenue growth · YoY+9.7%
EPS growth · YoY+12.7%
Debt / equity0.16×

Full 8-quarter history in the financials table below.

ValuationD10›

The actual numbers

P/E (TTM)69.8×
TTM EPS₹32.0
52-week range88%
CatalystD643›

The actual numbers

Earnings & momentum44
Capital actions23
Governance78

Every filing in the corporate-announcements panel below.

FlowD442›

The actual numbers

Promoter holding78.5%
Delivery · 30d avg53.4%
Up/down-day asymmetry-4.0pp
How the decile & conviction are calculated

Decile — each lens’s 0–100 score is ranked against every Small-cap stock in the universe. D10 = top 10% (strongest), D1 = bottom 10%. A decile is simply where this stock sits versus its size-peers on that lens — no weighting, no black box.

Conviction — the average of the two active conviction-lens deciles (Technical & Flow):

( D7 + D4 ) ÷ 2 = 5.5(Technical · Flow)

Fundamental, Catalyst, Valuation and Policy are shown for context but carry weight 0 in the current model, so they are not scored into conviction. Full detail on the methodology page ↗.

Glass box

How the score is built

Click a lens to expand its sub-components, then drill to the actual values. The eye icon on any term explains it.

Conviction score · Highest
83
Conviction score 83/100 · avg-decile strength 5.5/10
Conviction score83/100›
TechnicalD7›
FundamentalD7›
ValuationD1›
CatalystD6›
FlowD4›

Relative strength · always on

Percentage-point spread vs each baseline across six windows. Green = outperforming, red = lagging. Data as of 2026-09-08.

Baseline1D1W1M3M6M12M
Nifty 50
Large-cap anchor
+0.2pp
-6.2pp
+22.8pp
+62.3pp
+80.2pp
+157.9pp
Nifty 500
Broad-market baseline
+0.1pp
-6.2pp
+21.7pp
+60.7pp
+74.5pp
+152.7pp
Sector
Own-sector index
—
—
+21.7pp
+60.6pp
+73.0pp
+144.8pp

From atlas_foundation.technical_daily. Sector row covers 1M–12M (1D/1W not stored).

Trend

Price · EMA 20 / 50 / 200

HAPPYFORGE daily close with the three trend EMAs · atlas_foundation.ohlcv_stock.

₹ (close)
2231.40-7.10

Relative strength

RS vs baseline · rebased to 100

HAPPYFORGE ÷ Nifty 500, rebased to 100 at window start — above 100 = outperforming since then.

RS vs Nifty 500 (=100)
195.49+0.20

TradingView composite technical analysis — multi-timeframe consensus

Quarterly financials

Last 8 quarters from the company’s filings (₹ crore) — revenue, profit, margins and the growth trend.

MetricJun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26
Revenue (₹cr)341361354352354377391424
↳ change QoQ—+5.8%-1.9%-0.7%+0.6%+6.5%+3.7%+8.4%
EBITDA (₹cr)105118108102101116120133
EBITDA margin30.8%32.8%30.5%29.0%28.5%30.8%30.7%31.4%
PAT (₹cr)6471656866737984
↳ change QoQ—+11.9%-9.6%+5.3%-2.9%+10.6%+8.2%+6.3%
Net margin18.7%19.8%18.2%19.3%18.6%19.4%20.2%19.8%
EPS (₹)6.777.586.857.186.977.798.378.86
D/E————————
YoY growth · Mar '26Revenue +20.5% YoYPAT +23.5% YoY

Corporate announcements

Filings to the exchange — capital actions, earnings and governance. Most recent first.

  • 11 Aug '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 11 Aug '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 5 Aug '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 4 Aug '26
    LOWgovernance
    Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 4 Aug '26
    MEDIUMcapital
    Press Release
    ›

    An exchange filing — open the original disclosure on NSE for the full text.

    View original filing on NSE ↗
  • 4 Aug '26
    MEDIUMearnings
    Investor Presentation
    ›

    An exchange filing — open the original disclosure on NSE for the full text.

    View original filing on NSE ↗
  • 4 Aug '26
    LOWgovernance
    Corrigendum
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 4 Aug '26
    HIGHearnings
    Outcome of Board Meeting
    ›

    An exchange filing — open the original disclosure on NSE for the full text.

    View original filing on NSE ↗
  • 4 Aug '26
    HIGHearnings
    Outcome of Board Meeting
    ›

    An exchange filing — open the original disclosure on NSE for the full text.

    View original filing on NSE ↗
  • 28 Jul '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 7 Jul '26
    MEDIUMcapital
    Credit Rating
    ›

    An exchange filing — open the original disclosure on NSE for the full text.

    View original filing on NSE ↗
  • 2 Jul '26
    LOWgovernance
    Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 30 Jun '26
    LOWgovernance
    Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 17 Jun '26
    LOWgovernance
    ESOP/ESOS/ESPS
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗
  • 28 May '26
    LOWgovernance
    Analysts/Institutional Investor Meet/Con. Call Updates
    ›

    A governance / disclosure filing — lower signal weight, context only.

    View original filing on NSE ↗

…and 5 more.

Ownership

Who holds HAPPYFORGE

Mutual funds holding HAPPYFORGE (10)

FundWeightAUM ₹crGrade
SBI Small Cap Fund Reg Gr1.53%39,955
Axis Small Cap Fund Reg Gr0.56%30,089
DSP Small Cap Reg Gr0.58%20,221
Kotak Small Cap Reg Gr1.39%18,933
HSBC Small Cap Fund Reg Gr1.54%17,784
Nippon India Flexi Cap Reg Gr0.68%9,710
HSBC Multi Cap Reg Gr1.35%6,068
PGIM India Flexi Cap Reg Gr0.82%5,898
HSBC Infrastructure Fund Gr0.62%2,362
PGIM India Small Cap Reg Gr1.88%1,674

ETFs holding HAPPYFORGE (0)

No tracked ETF holds HAPPYFORGE ≥0.5%.

Show company profile (about, sector, employees, IPO)
Native from atlas_foundation — lens journal, technical_daily, ohlcv_stock; TradingView for the live instrument view. ← Back to Capital Goods