HAPPYFORGE Happy Forgings Q1 FY26 results (Apr–Jun 2025) and concall
Happy Forgings delivered a resilient Q1 FY26 with 3.6% YoY revenue growth to ₹354 crores and strong EBITDA margins of 28.6%. This performance was supported by new business wins in farm equipment, wind, and industrial sectors, offsetting declines in export-oriented CV and off-highway segments. The company is confident in sustaining margins and continues with its CAPEX plans for capacity expansion and diversification, despite ongoing global market uncertainties and tariff-related headwinds.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|---|
| Revenue | 361 | 354 | 352 | 354 |
| EBITDA | 105 | 101 | 102 | 101 |
| Net profit | 71 | 65 | 68 | 66 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





