H
Happy Steels Ltd
HAPPY NSE
Happy Steels Ltd
Consumer DiscretionaryNSE: HAPPY Auto Components
Key Fundamentals
SMEMarket Cap
₹137 Cr
Volatility
High Risk
P/E Ratio
19.3
EBITDA
₹15.30 Cr
Debt to Equity
1.12
Book Value
₹45.49
52W High
₹104.4
52W Low
₹57
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company has delivered good profit growth of 39.4% CAGR over last 5 years
- Debtor days have improved from 73.4 to 49.2 days.
Weaknesses
3- The company has delivered a poor sales growth of 4.13% over past five years.
- Company has a low return on equity of 13.0% over last 3 years.
- Company might be capitalizing the interest cost
Growth Rate
Revenue Growth
17.09% ↗
Net Income Growth
208.70% ↘
Cash Flow Change
-42.93% ↘
ROE
149.44% ↗
ROCE
57.45% ↗
EBITDA Margin (Avg.)
53.74% ↗
Profit & Loss
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 77.3 | 88.3 | 93.96 | 80.91 | 82.14 | 94.64 |
| Expenses | 72.79 | 85.52 | 88.78 | 71.17 | 74.03 | 81.21 |
| Operating Profit | 4.51 | 2.78 | 5.18 | 9.74 | 8.11 | 13.43 |
| OPM % | 5.83% | 3.15% | 5.51% | 12.04% | 9.87% | 14.19% |
| Other Income | -1.18 | 0.44 | 0.2 | 1.33 | 0.38 | 1.84 |
| Interest | 1.34 | 1.36 | 2.63 | 2.54 | 2.86 | 2.62 |
| Depreciation | 1.92 | 1.83 | 2.2 | 2.17 | 2.43 | 3.13 |
| PBT | 0.07 | 0.03 | 0.55 | 6.36 | 3.2 | 9.52 |
| Tax % | 71.43% | 100% | 21.82% | 26.42% | 26.88% | 25.42% |
| Net Profit | 0.03 | 0.01 | 0.43 | 4.69 | 2.34 | 7.1 |
| EPS in Rs | — | — | — | — | — | 6.76 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 10.5 |
| Reserves | 24.04 | 23.95 | 24.33 | 29.04 | 31.38 | 29.48 |
| Borrowings | 25.91 | 34.57 | 26.38 | 35.69 | 34.21 | 47.18 |
| Other Liabilities | 14.42 | 12.13 | 17.29 | 12.15 | 11.53 | 12.5 |
| Total Liabilities | 65.87 | 72.15 | 69.5 | 78.38 | 78.62 | 99.66 |
| Fixed Assets | 14.47 | 20.03 | 22.15 | 24.26 | 25.13 | 31.75 |
| CWIP | 4.68 | 3.09 | 0 | 0.22 | 2.66 | 8.46 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 46.72 | 49.03 | 47.35 | 53.9 | 50.83 | 59.45 |
| Total Assets | 65.87 | 72.15 | 69.5 | 78.38 | 78.62 | 99.66 |
Cash Flow
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Operating | 0 | 0 | 0 | -3.67 | 10.18 | 5.81 |
| Investing | 0 | 0 | 0 | -3.18 | -5.64 | -16.19 |
| Financing | 0 | 0 | 0 | 6.77 | -4.34 | 10.34 |
| Net Cash Flow | 0 | 0 | 0 | -0.08 | 0.2 | -0.04 |
| Free Cash Flow | 0 | 0 | 0 | -6.89 | 8.15 | -4.99 |
| CFO/OP | 0 | 0 | 0 | -23 | 134 | 60 |
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 102 | 84.9 | 90.59 | 99.74 | 71.23 | 49.21 |
| Inventory Days | 181 | 187 | 138 | 251 | 259 | 303 |
| Days Payable | 47.71 | 29.97 | 67.39 | 48.55 | 50.6 | 40.68 |
| Cash Conversion Cycle | 235 | 242 | 161 | 303 | 280 | 312 |
| Working Capital Days | 69.6 | 53.2 | 55.2 | 83.59 | 75.76 | 62.21 |
| ROCE % | — | 1.97% | 5.58% | 12.92% | 8.91% | 15.86% |
Documents
1
Price movement
24 Aug - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … 24 Aug - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
Frequently Asked Questions about Happy Steels Ltd
What does Happy Steels Ltd do?
Incorporated in 1996, Happy Steel Limited is
an integrated manufacturer of safety-critical, forged, and machined transmission and driveline components.[1]
Where is Happy Steels Ltd (HAPPY) listed?
Happy Steels Ltd is listed on the Indian stock exchanges. It is listed on NSE: HAPPY. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Happy Steels Ltd belong to?
Happy Steels Ltd operates in the Consumer Discretionary sector within the Auto Components industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Happy Steels Ltd?
Happy Steels Ltd has a market capitalisation of approximately ₹137.15 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Happy Steels Ltd?
The Price-to-Earnings (PE) ratio of Happy Steels Ltd is 19.30. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Happy Steels Ltd?
Over the past 52 weeks, Happy Steels Ltd has traded between a low of ₹57 and a high of ₹104.4. This range helps investors understand the stock's price volatility and recent trading levels.
How can I research Happy Steels Ltd on Tapetide?
On Tapetide, you can view Happy Steels Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1996, Happy Steel Limited is an integrated manufacturer of safety-critical, forged, and machined transmission and driveline components.[1]
Face Value ₹ 10