HAPPYFORGE Happy Forgings Q3 FY26 results (Oct–Dec 2025) and concall
Happy Forgings delivered a strong Q3 and 9M FY26, achieving record high revenues, gross profit, EBITDA, and PAT, with EBITDA margins reaching 30.8%. The company saw robust domestic growth across key segments and secured INR 800 crores in new business for future growth. Despite subdued direct exports and some segment-specific softness, strategic capacity expansions and cost efficiency initiatives are well underway, supported by a strong balance sheet.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q3 FY26: revenue up 10.5%, net profit up 21.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 361 | 354 | 352 | 354 | 377 +4% | 391 +10% |
| EBITDA | 105 | 101 | 102 | 101 | 116 +10% | 120 +19% |
| Net profit | 71 | 65 | 68 | 66 | 73 +3% | 79 +22% |
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.
