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Happy Forgings Second Quarter 2025 Earnings: EPS Beats Expectations - Simply Wall St News

Nov 09, 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.7%.

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Machinery industry in India.

Performance of the Indian Machinery industry.

The company's shares are up 4.8% from a week ago.

You should learn about the 1 warning sign we've spotted with Happy Forgings.

Discover if Happy Forgings might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Manufactures and sells forgings and related components in India and internationally.

Excellent balance sheet with reasonable growth potential.

Indian Machinery industry. 1 warning sign fair value estimates, potential risks, dividends, insider trades, and its financial condition.Have feedback on this article? Concerned about the content?Get in touch with us directly.We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.