Happy Forgings Limited (NSE:HAPPYFORGE) — Market Cap & Net Worth
Market Cap & Net Worth: Happy Forgings Limited (HAPPYFORGE)
Happy Forgings Limited (NSE:HAPPYFORGE) has a market capitalization of $2.19 Billion (Rs202.64 Billion) as of September 19, 2026. Listed on the NSE stock exchange, this India-based company holds position #5881 globally and #265 in its home market, demonstrating a -4.80% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Happy Forgings Limited's stock price Rs2148.30 by its total outstanding shares 94327921 (94.33 Million). Also see HAPPYFORGE asset base for a full breakdown of the balance sheet.
Happy Forgings Limited Market Cap History: 2023 to 2026
Happy Forgings Limited's market capitalization history from 2023 to 2026. Data shows growth from $1.05 Billion to $2.19 Billion (31.04% CAGR). Also see cash flow conversion of Happy Forgings Limited for how efficiently the company converts equity into cash flow.
Happy Forgings Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Happy Forgings Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check HAPPYFORGE live share price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.07x
Happy Forgings Limited's market cap is 0.07 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.38x
Happy Forgings Limited's market cap is 0.38 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2023 | $1.05 Billion | $13.58 Billion | $2.43 Billion | 0.08x | 0.43x |
| 2024 | $1.02 Billion | $14.09 Billion | $2.67 Billion | 0.07x | 0.38x |
Competitor Companies of HAPPYFORGE by Market Capitalization
Companies near Happy Forgings Limited in the global market cap rankings as of September 19, 2026. Review Happy Forgings Limited (HAPPYFORGE) tangible net worth to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Happy Forgings Limited by market ranking:
- Allegheny Technologies Incorporated (NYSE:ATI): Ranked #1032 globally with a market cap of $26.09 Billion USD.
- Carpenter Technology Corporation (NYSE:CRS): Ranked #1271 globally with a market cap of $20.28 Billion USD.
- Mueller Industries Inc (NYSE:MLI): Ranked #1800 globally with a market cap of $13.29 Billion USD.
- Shenyang Fortune Precision Equipment Co. Ltd. A (SHG:688409): Ranked #2433 globally with a market cap of $9.00 Billion USD ( CN¥61.52 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1032 | Allegheny Technologies Incorporated | NYSE:ATI | $26.09 Billion | $191.63 |
| #1271 | Carpenter Technology Corporation | NYSE:CRS | $20.28 Billion | $408.12 |
| #1800 | Mueller Industries Inc | NYSE:MLI | $13.29 Billion | $60.07 |
| #2433 | Shenyang Fortune Precision Equipment Co. Ltd. A | SHG:688409 | $9.00 Billion | CN¥200.90 |
Happy Forgings Limited Historical Marketcap From 2023 to 2026
Between 2023 and today, Happy Forgings Limited's market cap moved from $1.05 Billion to $ 2.19 Billion, with a yearly change of 31.04%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs2.19 Billion | +86.96% |
| 2025 | Rs1.17 Billion | +15.08% |
| 2024 | Rs1.02 Billion | -2.66% |
| 2023 | Rs1.05 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 19th, 2026 the market cap of Happy Forgings Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.19 Billion USD |
| MoneyControl | $2.19 Billion USD |
| MarketWatch | $2.19 Billion USD |
| marketcap.company | $2.19 Billion USD |
| Reuters | $2.19 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Happy Forgings Limited
Happy Forgings Limited manufactures and sells forgings and related components in India and internationally. The company offers crankshafts; differential cases; front axle beams and steering knuckles; railway parts, including camshafts, connecting rods, piston pins, spacers, and others; brake flanges and suspension brackets; transmission parts, such as shafts and spindles, crown wheels and pinions… Read more