Happy Steels Pvt
- Market cap
- ₹ 89 Cr.
- P/E
- 12.5x
- P/B
- 2.32x
- 52-week range
- 57 – 104.4
- ROE
- 20%
- ROCE
- 15.9%
- Dividend yield
- 0%
- Debt / equity
- 1.18
- Sector
- Auto Components
- Industry
- Auto Components & Equipments
- Listed on
- NSE
About
Happy Steels Private Limited is an India-based company. The Company operates as an integrated manufacturer of Safety-Critical, Forged and Machined Transmission and Driveline components for On-highway, Off-highway, electric vehicle (EV), and Defense applications. The Company's product portfolio consists of a range of Axles, Long Spline Shafts, Spindle and other related components. Its integrated manufacturing framework encompasses multiple stages of production, including raw material procurement, forging, heat treatment, precision machining, surface hardening, inspection and packing. The Company manufactures components that are vital to vehicle performance and safety, serving automotive, defense, EV and off-highway applications. Its products are designed to operate under mechanical stress, cyclic loading and demanding service conditions, including heavy payloads, variable terrains and continuous operation.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Auto Components & Equipments: 155 companies →Happy Steels Pvt against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.5 against a typical 27.4: cheaper than most peers (1st = cheapest).22nd of 153
- Share price, 3 months+1.5% against a typical −4.4%.50th of 142
- Size₹ 88.7 Cr. market value against a typical ₹ 728 Cr. (1st = largest).120th of 138
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 3 Sep 2026 | Other business matters | INTIMATION OF BOARD MEETING (03/09/2026) |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 77 | 88 | 94 | 81 | 82 | 95 |
| Expenses | 73 | 86 | 89 | 71 | 74 | 81 |
| Operating Profit | 5 | 3 | 5 | 10 | 8 | 13 |
| OPM % | 5.8% | 3.2% | 5.5% | 12% | 9.9% | 14.2% |
| Other Income | −1 | 0 | 0 | 1 | 0 | 2 |
| Interest | 1 | 1 | 3 | 3 | 3 | 3 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 3 |
| Profit before tax | 0 | 0 | 1 | 6 | 3 | 10 |
| Tax % | 71.4% | 100% | 21.8% | 26.4% | 26.9% | 25.4% |
| Net Profit | 0 | 0 | 0 | 5 | 2 | 7 |
| EPS in Rs | — | — | — | — | — | 6.76 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 4%
- 3 Years
- 0%
- TTM
- 15%
- 10 Years
- —
- 5 Years
- 39%
- 3 Years
- 164%
- TTM
- 227%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 9%
- 3 Years
- 13%
- TTM
- —
P/E and EPS over time
Daily price to earnings ratio.
Peers
Listed companies in the same business.
| Happy Steels Pvt | ₹ 62.60 | ₹ 89 Cr. | 12.5x | 2.3x | 20% | — |
| Samvardhana Motherson International | ₹ 151.00 | ₹ 1,59,367 Cr. | 41x | 4.3x | — | 3.5% |
| Cummins India | ₹ 4,338.90 | ₹ 1,20,274 Cr. | 61.7x | 17.7x | — | 18.7% |
| Bosch | ₹ 44,045.85 | ₹ 1,29,918 Cr. | 59.1x | 9.4x | — | 11.2% |
| UNO Minda | ₹ 1,052.00 | ₹ 60,749 Cr. | 58.9x | 10.5x | — | 6.2% |
| Sona Blw Precision Forgings | ₹ 752.80 | ₹ 46,984 Cr. | 72.6x | 8.2x | — | 14% |
Prices are delayed and for information only. Nothing on this page is investment advice.