Happy Forgings' Q3 FY 2025-26 Quarterly Results
- 10 Feb 2026
Result Summary
- Happy Forgings Ltd reported a 4.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.7%.
- Its expenses for the quarter were up by 3.8% QoQ and 7.9% YoY.
- The net profit increased 7.5% QoQ and increased 22.3% YoY.
- The earnings per share (EPS) of Happy Forgings Ltd stood at 8.36 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 399.47 | 383.64 | 360.94 | 4.1% | 10.7% |
Total Expenses | 295.80 | 285.03 | 274.13 | 3.8% | 7.9% |
Profit Before Tax | 103.67 | 98.60 | 86.82 | 5.1% | 19.4% |
Tax | 24.73 | 25.17 | 22.27 | -1.7% | 11.0% |
Profit After Tax | 78.94 | 73.44 | 64.55 | 7.5% | 22.3% |
Earnings Per Share | 8.36 | 7.78 | 6.84 | 7.5% | 22.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Happy Forgings Ltd is a company that operates within the manufacturing industry, focusing primarily on the production of forged components. These components are integral to various sectors, including automotive, aerospace, and heavy machinery, where high-strength and precision-engineered parts are essential. As of the latest available data, no specific recent developments or strategic changes within Happy Forgings Ltd have been identified. The company continues to focus on delivering high-quality forged products to meet the demands of its diverse clientele.
Revenue
For the quarter ending Q3FY26, Happy Forgings Ltd recorded a total income of ₹399.47 crores. This represents a 4.1% increase from the previous quarter (Q2FY26) where the total income was ₹383.64 crores. On a year-over-year basis, comparing Q3FY26 to Q3FY25, there is a notable increase in total income by 10.7%, from ₹360.94 crores in Q3FY25. These figures indicate a consistent upward trend in revenue generation over both the quarterly and annual periods.
Profitability
Happy Forgings Ltd reported a profit before tax of ₹103.67 crores for Q3FY26, reflecting a growth of 5.1% from ₹98.60 crores in the preceding quarter (Q2FY26). Year-over-year, the increase is more pronounced at 19.4%, with Q3FY25's profit before tax being ₹86.82 crores. The company's tax expense for Q3FY26 was ₹24.73 crores, which is slightly lower compared to ₹25.17 crores in Q2FY26, marking a decrease of 1.7%. When compared to the same quarter last year, the tax expense shows an increase of 11.0% from ₹22.27 crores. Profit after tax for Q3FY26 stood at ₹78.94 crores, up by 7.5% from the previous quarter's ₹73.44 crores and by 22.3% from ₹64.55 crores in Q3FY25.
Operating Metrics
The earnings per share (EPS) for Happy Forgings Ltd in Q3FY26 was ₹8.36, which is a 7.5% improvement from the Q2FY26 EPS of ₹7.78. Year-over-year, this reflects a 22.2% increase from the EPS of ₹6.84 recorded in Q3FY25. This consistent improvement in EPS over both quarterly and annual comparisons suggests a positive trajectory in the company's profitability per share. Additionally, the total expenses for Q3FY26 were ₹295.80 crores, up by 3.8% from ₹285.03 crores in Q2FY26, and a year-over-year increase of 7.9% from ₹274.13 crores in Q3FY25. These figures indicate that while expenses are rising, they are being managed in a way that allows for profitability growth.