Complete financial analysis of Happy Forgings Limited (HAPPYFORGE.NS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Happy Forgings Limited, a leading company in the Manufacturing – Metal Fabrication industry within the Industrials sector.
- Tohto Suisan Co., Ltd. (8038.T) Income Statement Analysis – Financial Results
- KGL Resources Limited (KGLLF) Income Statement Analysis – Financial Results
- Linkers Corporation (5131.T) Income Statement Analysis – Financial Results
- IES Holdings, Inc. (IESC) Income Statement Analysis – Financial Results
- Rico Auto Industries Limited (RICOAUTO.NS) Income Statement Analysis – Financial Results
Happy Forgings Limited (HAPPYFORGE.NS)
Industry: Manufacturing - Metal Fabrication
Sector: Industrials
Website: https://www.happyforgingsltd.com
About Happy Forgings Limited
Happy Forgings Limited engages in the manufacture of forgings and related components in India. It offers heavy forged and machined products, including bicycle pedals, brake flanges, bushes, bull gears, camshafts, crankshafts, connecting rods, crown wheels, differential cases, front axle beams, steering knuckles, differential cases, semi-machined transmission parts, planetary carriers, pinion shafts, piston pins, ring gears, suspension brackets, and valve bodies. The company serves the manufacturers of heavy commercial vehicles, farm equipment, and off highway and industrial equipment, as well as machinery for oil and gas, aerospace, defense, power generation, railways, and wind turbine industries. It also exports its products to Brazil, Italy, Japan, Spain, Sweden, Thailand, Turkey, the United Kingdom, and the United States. The company was incorporated in 1979 and is based in Ludhiana, India.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 13.58B | 11.97B | 7.94B | 5.49B | 5.58B |
| Cost of Revenue | 6.23B | 5.51B | 4.46B | 2.93B | 2.61B |
| Gross Profit | 7.36B | 6.45B | 3.48B | 2.56B | 2.97B |
| Gross Profit Ratio | 54.17% | 53.95% | 43.78% | 46.60% | 53.24% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 1.15B | 49.55M | 35.34M | 22.91M | 492.98M |
| Selling & Marketing | 8.17M | 265.41M | 204.11M | 108.26M | 4.13M |
| SG&A | 1.16B | 314.96M | 239.45M | 131.17M | 497.11M |
| Other Expenses | 0.00 | 57.42M | 1.56M | 2.22M | 0.00 |
| Operating Expenses | 1.16B | 3.59B | 1.54B | 1.32B | 1.81B |
| Cost & Expenses | 7.38B | 9.10B | 6.01B | 4.25B | 4.42B |
| Interest Income | 76.54M | 5.43M | 7.24M | 42.59M | 204.90M |
| Interest Expense | 117.76M | 124.76M | 63.40M | 111.76M | 0.00 |
| Depreciation & Amortization | 647.28M | 541.82M | 377.40M | 357.56M | 283.72M |
| EBITDA | 4.01B | 3.47B | 2.37B | 1.65B | 1.42B |
| EBITDA Ratio | 29.52% | 28.97% | 29.66% | 30.02% | 25.52% |
| Operating Income | 6.20B | 2.92B | 1.98B | 1.29B | 1.14B |
| Operating Income Ratio | 45.66% | 24.45% | 24.90% | 23.50% | 20.43% |
| Total Other Income/Expenses | -2.96B | 216.29M | -18.23M | -76.81M | -182.38M |
| Income Before Tax | 3.24B | 2.80B | 1.92B | 1.17B | 958.01M |
| Income Before Tax Ratio | 23.88% | 23.40% | 24.20% | 21.34% | 17.17% |
| Income Tax Expense | 814.05M | 713.27M | 497.63M | 306.13M | 158.60M |
| Net Income | 2.43B | 2.09B | 1.42B | 864.48M | 799.41M |
| Net Income Ratio | 17.89% | 17.44% | 17.93% | 15.76% | 14.32% |
| EPS | 26.78 | 22.15 | 15.10 | 9.18 | 8.93 |
| EPS Diluted | 26.75 | 22.15 | 15.10 | 9.18 | 8.93 |
| Weighted Avg Shares Out | 90.73M | 94.20M | 94.20M | 94.20M | 89.50M |
| Weighted Avg Shares Out (Dil) | 90.82M | 94.20M | 94.20M | 94.20M | 89.50M |
Source: https://incomestatements.info
Category: Stock Reports