Happy Forgings (HAPPYFORGE)₹1,802−3.31%Castings & Forgings
Happy Forgings is compared with the 7 closest in size in Castings & Forgings (30 companies in the industry). It has a P/E of 52.0 against a peer median of 37.4, and ROCE of 18.0% against a peer median of 22.0%, and latest-quarter sales growth of 26.8% against a peer median of 28.1%. By market cap it is #3 of 8 in this set.
As of · Peer set: 7 closest in size in Castings & Forgings
| Company | M-cap (₹ Cr) | P/E | ROCE % | ROE % | Debt / equity | Div. yield % | Sales (₹ Cr) | Net profit (₹ Cr) | Qtr sales growth % | Qtr profit growth % | Compare |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PTC Industries | 37,100 | 294.8 | 7.9 | 7.0 | 0.17 | 0.0 | 604 | 102 | 98.1 | 479.5 | vs HAPPYFORGE |
| AIA Engineering | 29,271 | 23.2 | 21.0 | 17.0 | 0.00 | 0.5 | 4,424 | 1,270 | 12.5 | −1.3 | vs HAPPYFORGE |
| Happy Forgings | 17,011 | 52.0 | 18.0 | 15.1 | 0.15 | 0.2 | 1,549 | 303 | 26.8 | 37.8 | — |
| Balu Forge Industries | 6,427 | 23.4 | 23.0 | 19.6 | 0.10 | 0.0 | 1,111 | 258 | 29.3 | 15.9 | vs HAPPYFORGE |
| Steelcast | 3,786 | 42.1 | 32.0 | 24.1 | 0.00 | 0.5 | 424 | 87 | 16.8 | 20.0 | vs HAPPYFORGE |
| Amic Forging | 2,496 | 82.6 | 23.0 | 16.8 | 0.03 | 0.0 | 142 | 28 | 29.4 | 22.9 | vs HAPPYFORGE |
| Nelcast | 1,360 | 32.8 | 11.1 | 8.5 | 0.43 | 0.4 | 1,330 | 48 | 2.8 | −58.9 | vs HAPPYFORGE |
| Neetu Yoshi | 815 | 32.6 | 32.0 | 27.6 | 0.03 | 0.0 | 98 | 25 | 54.3 | 62.6 | vs HAPPYFORGE |
| Peer median | 5,107 | 37.4 | 22.0 | 16.9 | 0.06 | 0.1 | 857 | 95 | 28.1 | 21.5 |
Listed companies closest to Happy Forgings in Castings & Forgings include PTC Industries, AIA Engineering, Balu Forge Industries, Steelcast, Amic Forging, Nelcast, Neetu Yoshi.
PTC Industries, with a market cap of ₹37,100 Cr.
Happy Forgings trades at a P/E of 52.0; the median of its peer set is 37.4. A P/E above or below the median is a description, not a judgement on value.
Happy Forgings' return on capital employed is 18.0%, below the peer median of 22.0%.