Happy Forgings Limited - Asset Resilience Ratio

Latest as of September 2025: 7.43%

Happy Forgings Limited (HAPPYFORGE) has an Asset Resilience Ratio of 7.43% as of September 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See financial agility of Happy Forgings Limited to measure the company's free cash flow as a share of total liabilities.

Liquid Assets

Rs1.71 Billion

≈ $18.49 Million USD Cash + Short-term Investments

Total Assets

Rs23.01 Billion

≈ $248.82 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2019–2024)

This chart shows how Happy Forgings Limited's Asset Resilience Ratio has changed over time. See net asset quality index of Happy Forgings Limited to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Happy Forgings Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see how much is Happy Forgings Limited worth.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	Rs0.00	0%
Short-term Investments	Rs1.71 Billion	7.43%
Total Liquid Assets	Rs1.71 Billion	7.43%

Asset Resilience Insights

Limited Liquidity: Happy Forgings Limited maintains only 7.43% of assets in liquid form.
This low level may indicate efficient asset utilization but could pose risks during economic downturns.
The company has significant short-term investments, indicating active treasury management.

Happy Forgings Limited Industry Peers by Asset Resilience Ratio

Compare Happy Forgings Limited's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Suzhou Victory Precision Manufacture Co Ltd SHE:002426	Metal Fabrication	0.17%
Jiangyin Hengrun Heavy SHG:603985	Metal Fabrication	0.01%
Suzhou Chunqiu Electronic Technology Co Ltd Class A SHG:603890	Metal Fabrication	5.59%
Changchun Zhiyuan New Energy Equipment Co. Ltd SHE:300985	Metal Fabrication	0.41%
Yantai Ishikawa Sealing Technology Co.Ltd. SHE:301020	Metal Fabrication	0.83%
Suzhou Mingzhi Technology Co. Ltd. A SHG:688355	Metal Fabrication	41.21%
Jiangsu Hongde Special Parts Co.Ltd. SHE:301163	Metal Fabrication	7.35%
Namsun Alumini KO:008350	Metal Fabrication	0.11%

Annual Asset Resilience Ratio for Happy Forgings Limited (2019–2024)

The table below shows the annual Asset Resilience Ratio data for Happy Forgings Limited.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2024-09-30	2.14%	Rs474.95 Million ≈ $5.14 Million	Rs22.15 Billion ≈ $239.57 Million	-4.27pp
2023-09-30	6.42%	Rs1.21 Billion ≈ $13.09 Million	Rs18.86 Billion ≈ $203.96 Million	+6.39pp
2022-09-30	0.02%	Rs3.28 Million ≈ $35.47K	Rs13.26 Billion ≈ $143.42 Million	-0.10pp
2021-09-30	0.13%	Rs14.40 Million ≈ $155.73K	Rs11.30 Billion ≈ $122.19 Million	-2.71pp
2020-09-30	2.84%	Rs248.96 Million ≈ $2.69 Million	Rs8.76 Billion ≈ $94.78 Million	-2.22pp
2019-09-30	5.06%	Rs385.96 Million ≈ $4.17 Million	Rs7.63 Billion ≈ $82.52 Million	--

pp = percentage points

About Happy Forgings Limited

NSE:HAPPYFORGE India Metal Fabrication

Market Cap

$1.48 Billion

Rs137.14 Billion INR

Market Cap Rank

#7412 Global

#352 in India

Share Price

Rs1453.90

Change (1 day)

+1.59%

52-Week Range

Rs878.00 - Rs1453.90

All Time High

Rs1453.90