Arthneeti

Happy Steels Q2 FY27 Share Price & Earnings Call Analysis

₹67.95+0.22% today
Market cap
₹97 Cr
P/E
13.54
ROE
19.68%
PEG
0.08
Price to sales
1.02
Debt to equity
1.18
Sales growth (5Y)
4.13%
EBITDA margin
14.19%
Net profit margin
7.58%
Promoter holding
72.99%
Sales (last year)
₹95 Cr

Potential multibaggers · Q2 FY27

Potential multibaggers in Auto Components
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Wheels IndiaGood growth
    3
See all potential multibaggersWhere does Happy Steels rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Happy Steels shareholding (Sep 2026)

Promoters

72.99%

FIIs

—

DIIs

7.57%

Public

19.44%

Full shareholding pattern →Dividend history →

Peers

Auto Components companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹2,278 Cr59.4
240%+Flat₹457 Cr18.7
3Wheels India20–40%Up 2%+₹6,312 Cr32.9
420–40%Up 2%+₹770 Cr26.3
520–40%Up 0–2%₹13,413 Cr68.8
620–40%Up 0–2%₹10,379 Cr18.5

Sign up free to see every company in the sector ranking and track Happy Steels.

Pro shows every company guiding 40%+ revenue growth →Full Auto Components ranking

Financials of Happy Steels

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Happy Steels

Shareholding breakup across reporting periods.

Sep 2026
Promoters +72.99%
DIIs +7.57%
Public +19.44%
No. of Shareholders399

Financials of Happy Steels

Quarterly Results

Quarter-by-quarter operating performance

Sales
Expenses +
Operating Profit
OPM %
Other Income +
Interest
Depreciation
Profit before tax
Tax %
Net Profit +
EPS in Rs

Financials of Happy Steels

Profit & Loss

Annual income statement trend

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +77.3088.3093.9680.9182.1494.64
Sales growth+14.23%+6.41%-13.89%+1.52%+15.22%
Expenses +72.7985.5288.7871.1774.0381.21
Operating Profit4.512.785.189.748.1113.43
OPM %5.83%3.15%5.51%12.04%9.87%14.19%
Other Income +-1.180.440.201.330.381.84
Interest1.341.362.632.542.862.62
Depreciation1.921.832.202.172.433.13
Profit before tax0.070.030.556.363.209.52
Tax %71.43%100.00%21.82%26.42%26.88%25.42%
Net Profit +0.030.010.434.692.347.10
EPS in Rs6.76
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%

Financials of Happy Steels

Balance Sheet

Capital structure and asset base

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1.501.501.501.501.5010.50
Reserves24.0423.9524.3329.0431.3829.48
Borrowings +25.9134.5726.3835.6934.2147.18
Other Liabilities +14.4212.1317.2912.1511.5312.50
Total Liabilities65.8772.1569.5078.3878.6299.66
Fixed Assets +14.4720.0322.1524.2625.1331.75
CWIP4.683.090.000.222.668.46
Investments0.000.000.000.000.000.00
Other Assets +46.7249.0347.3553.9050.8359.45
Total Assets65.8772.1569.5078.3878.6299.66

Financials of Happy Steels

Cash Flows

Operating, investing and financing cash movement

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +0.000.000.00-3.6710.185.81
Cash from Investing Activity +0.000.000.00-3.18-5.64-16.19
Cash from Financing Activity +0.000.000.006.77-4.3410.34
Net Cash Flow0.000.000.00-0.080.20-0.04
Free Cash Flow0.000.000.00-6.898.15-4.99
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit0%0%0%-23%134%60%

Financials of Happy Steels

Ratios

Working capital efficiency and return ratios

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days102.1884.9090.5999.7471.2349.21
Inventory Days180.56186.74137.82251.40258.92303.17
Days Payable47.7129.9767.3948.5550.6040.68
Cash Conversion Cycle235.03241.68161.02302.59279.55311.70
Working Capital Days69.6053.2055.2083.5975.7662.21
ROCE %1.97%5.58%12.92%8.91%15.86%

Happy Steels: frequently asked questions

What is Happy Steels share price today?

Happy Steels last traded at ₹67.95, with a market capitalisation of ₹97 Cr and a P/E ratio of 13.5.

What is the promoter holding in Happy Steels?

Promoters held 72.99% of Happy Steels in Sep 2026.

How much do FIIs and DIIs hold in Happy Steels?

In Sep 2026, foreign institutional investors held — and domestic institutions (including mutual funds) held 7.57% of Happy Steels.

What is Happy Steels's ROE and ROCE?

Happy Steels's return on equity is 19.7% and its return on capital employed is 15.9%.

Does Happy Steels pay a dividend?

Happy Steels's dividend yield is 0% at the current price; see the Happy Steels dividends page for past payouts.

Which sector does Happy Steels belong to?

Happy Steels is in the Auto Components sector. Its peer comparison and sector ranking are on this page.

What did Happy Steels's management say on the latest earnings call?

Arthneeti's analysis of the Q2 FY27 earnings call covers revenue, margins, capex and fundraising guidance from Happy Steels's management.

How does Arthneeti AI analyse Happy Steels?

Arthneeti reads Happy Steels's earnings call transcripts and filings and scores revenue growth, margins, capex and fundraising, then ranks the company against its sector.

Continue your research

What Happy Steels's management said in earlier quarters

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