Happy Forgings Ltd
Happy Forgings Q2 Results 2026 (FY27) investor presentation: Revenue & Margins
Q2 FY27 investor presentation: what the company reported on revenue, margins and capex.
- Revenue
- ₹501Cr
- Net profit
- ₹98Cr
- Margin
- 30.6%
Guidance rank: #45 of 100 in Industrial Products
See the sector's top 10 — free with your mobile number.
Happy Forgings Ltd Q2 FY27 key numbers
- Revenue
- Q2 FY27 Revenue: Rs. 501 Crs, up 32.7% YoY.
As stated in Happy Forgings Ltd's Q2 FY27 investor presentation · published 5 Nov 2026. Reported figures, not investment advice.
Based on Happy Forgings Ltd's Q2 FY27 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.
The short version
Q2 FY27 Revenue: Rs. 501 Crs, up 32.7% YoY. Q2 FY27 EBITDA: Rs. 153 Crs, up 32.2% YoY (from Rs. 116 Crs in Q2 FY26).
From Happy Forgings Ltd's Q2 FY27 earnings-call transcript · updated 5 Nov 2026.
How did Happy Forgings' revenue grow in the September 2026 quarter?
2 more points from Happy Forgings Ltd's call on revenue
Create a free account to keep reading this call
What happened to Happy Forgings' margins in Q2 FY27?
See what Happy Forgings Ltd said on profitability & margins — free account, 30 seconds.
What capex is Happy Forgings planning?
- New plant in Dugri, Ludhiana with:
- Advanced heavy forging capabilities including one of the world's largest forging hammers (300–3,000 kgs components)
- Additional forging and machining capacities to support growth in existing and new markets
- Capex of Rs. 650 Crs primarily financed through internal accruals; operations to commence FY28
- Further expansion capex of Rs. 500 Crs financed through debt and internal accruals, phased in FY28 and FY29
- Planned additions of 59,000 MT forging capacity and 34,000 MT machining capacity by FY28-FY29
- Installation of a 20 MW captive solar plant by 2028 for sustainable energy use
- Ongoing capacity installed as of H1FY27: 158,000 MT forging and 82,000 MT machining with utilization rates of 60% and 77% respectively
2 more points from Happy Forgings Ltd's call on capex
Create a free account to keep reading this call
Top-ranked in Industrial Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Is Happy Forgings raising money or cutting debt?
See what Happy Forgings Ltd said on fundraising & capital structure — free account, 30 seconds.
How big is Happy Forgings' order book?
See what Happy Forgings Ltd said on order book & pipeline — free account, 30 seconds.
Happy Forgings Ltd — Quarterly revenue & net profit
Happy Forgings Ltd Q2 FY27 results — key figures
| ₹ Cr | Q2 FY27 |
|---|---|
| Revenue | 501 |
| Operating profit (EBITDA) | 153 |
| Operating margin | 30.6% |
| Profit before tax | 131 |
| Net profit (PAT) | 98 |
| EPS (₹) | 10.32 |
Source: Happy Forgings Ltd's results filing to NSE (consolidated), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹501 Cr, net profit ₹98 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Happy Forgings's management said in earlier quarters
Others in Industrial Products this season
- Vidya Wires (Q2 FY27)
25-26 Crores noted in H1 FY2027 towards capacity expansion. Key concall takeaways from Vidya Wires Ltd's Q2 FY27 earnings call — and how it ranks against…
- R M Drip & Sprin (Q2 FY27)
For the quarter ended September 30, 2026, the consolidated revenue from operations was ₹2,894.55 lakhs compared to ₹3,118.39 lakhs for the same quarter in…
- CMR Green Technologies (Q2 FY27)
3,471.9 Cr, a 59.2% YoY growth. Key investor presentation takeaways from CMR Green Technologies Ltd's Q2 FY27 investor presentation — and how it ranks against s
- Aeron Composites (Q2 FY27)
Revenue from Operations for H1 FY27: ₹129.8 crore . Key results statement takeaways from Aeron Composites Ltd's Q2 FY27 results statement — and how it ranks aga
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Arthneeti Pro · Annual
Happy Forgings Ltd and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Happy Forgings Ltd Q2 FY27 results?
Q2 FY27 Revenue: Rs. 501 Crs, up 32.7% YoY. Q2 FY27 EBITDA: Rs. 153 Crs, up 32.2% YoY (from Rs. 116 Crs in Q2 FY26).
What is Happy Forgings Ltd share price analysis?
Happy Forgings Ltd currently shows a neutral. The stock trades at a P/E of 53.3 with a market cap of ₹17,461 Cr. Investors should review the full earnings analysis for detailed insights.
Is Happy Forgings Ltd planning capital expenditure?
New plant in Dugri, Ludhiana with:.
Keep Happy Forgings Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.