Happy Forgings Q2 FY27: revenue up 32.7% to ₹501 Cr, net profit up 32.8% to ₹98 Cr
Results · Finvezto · 5 Nov 2026 · Happy Forgings (HAPPYFORGE)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 501 | +11.4% | +32.7% |
| Operating profit | 153 | +8.7% | +32.2% |
| Net profit | 98 | +6.6% | +32.8% |
| Operating margin | 30.6% | -0.8 pp | -0.1 pp |
| Net margin | 19.5% | -0.9 pp | +0.0 pp |
Key points
- Happy Forgings Limited reported consolidated revenue from operations of Rs 501 crore for Q2 FY27, up 32.7% year-on-year, with EBITDA rising 32.2% to Rs 153 crore and net profit increasing 32.8% to Rs 98 crore. NSE filing
- The board approved an additional capital expenditure of approximately Rs 500 crore to enhance machining and forging capacities as volume rose 24.8% to 18,754 MT. NSE filing
- Revenue was ₹501 Cr, up 32.7% on a year earlier and up 11.4% on the quarter before. Finvezto data
Other figures
- Consolidated Gross Profit: ₹305 Cr (+33.8% YoY)
What to watch
- Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 30.8%, 31.5%, 31.3%, 30.6%.
- Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 79, 84, 92, 98.
Links
NSE filing (PDF) · Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.