HAPPY FORGINGS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1,075 INR | -2.31% |
|
+2.76% | +4.48% |
| 05-24 | Happy Forgings Limited Reports Earnings Results for the Full Year Ended March 31, 2024 | CI |
| 05-24 | Happy Forgings Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: March | 2024 | 2025 | 2026 |
|---|---|---|---|
| Capitalization 1 | 101,308 | - | - |
| Enterprise Value (EV) 1 | 83,824 | 98,408 | 98,008 |
| P/E ratio | 33.3 x | 32 x | 25.8 x |
| Yield | 0.28% | 0.46% | 0.74% |
| Capitalization / Revenue | 6.17 x | 6.16 x | 5.1 x |
| EV / Revenue | 6.17 x | 5.99 x | 4.94 x |
| EV / EBITDA | 21.6 x | 20.6 x | 16.6 x |
| EV / FCF | 113 x | 73.1 x | 74.1 x |
| FCF Yield | 0.88% | 1.37% | 1.35% |
| Price to Book | 6.39 x | 5.46 x | 4.66 x |
| Nbr of stocks (in thousands) | 94,205 | - | - |
| Reference price 2 | 1,075 | 1,075 | 1,075 |
| Announcement Date | 24-05-24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net sales 1 | - | 13,582 | 16,440 | 19,849 |
| EBITDA 1 | - | 3,875 | 4,779 | 5,890 |
| EBIT 1 | - | 3,228 | 4,084 | 5,048 |
| Operating Margin | - | 23.77% | 24.84% | 25.43% |
| Earnings before Tax (EBT) 1 | - | 3,244 | 4,248 | 5,352 |
| Net income 1 | 2,087 | 2,430 | 3,163 | 3,984 |
| Net margin | - | 17.89% | 19.24% | 20.07% |
| EPS 2 | 23.32 | 26.75 | 33.60 | 41.70 |
| Free Cash Flow 1 | - | 874 | 1,347 | 1,323 |
| FCF margin | - | 6.41% | 8.19% | 6.67% |
| FCF Conversion (EBITDA) | - | 22.44% | 28.19% | 22.46% |
| FCF Conversion (Net income) | - | 35.98% | 42.59% | 33.21% |
| Dividend per Share 2 | - | 3.000 | 5.000 | 8.000 |
| Announcement Date | 23-08-14 | 24-05-24 | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2024 Q4 |
|---|---|
| Net sales 1 | 3,496 |
| EBITDA 1 | 985.5 |
| EBIT | - |
| Operating Margin | - |
| Earnings before Tax (EBT) 1 | 824 |
| Net income 1 | 561 |
| Net margin | 16.05% |
| EPS | - |
| Dividend per Share | - |
| Announcement Date | - |
1INR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net Debt 1 | - | - | - | - |
| Net Cash position 1 | - | 2,200 | 2,900 | 3,300 |
| Leverage (Debt/EBITDA) | - | - | - | - |
| Free Cash Flow 1 | - | 874 | 1,347 | 1,323 |
| ROE (net income / shareholders' equity) | - | 18.9% | 18.4% | 19.7% |
| ROA (Net income/ Total Assets) | - | - | - | - |
| Assets 1 | - | - | - | - |
| Book Value Per Share 2 | - | 168.0 | 197.0 | 231.0 |
| Cash Flow per Share | - | - | - | - |
| Capex 1 | - | 1,600 | 1,600 | 2,200 |
| Capex / Sales | - | 11.73% | 9.73% | 11.08% |
| Announcement Date | 23-08-14 | 24-05-24 | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
1,075
INR
Average target price
1,108
INR
Spread / Average Target
+2.98%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +4.48% | 1.22B | |
| +19.32% | 47.07B | |
| -7.99% | 22.46B | |
| +13.50% | 18.68B | |
| +22.33% | 16.09B | |
| -6.54% | 14.6B | |
| -20.70% | 13.24B | |
| -20.85% | 13.03B | |
| +32.14% | 11.79B | |
| +37.35% | 11.43B |
- Stock Market
- Equities
- HAPPYFORGE Stock
- Financials Happy Forgings Limited
