Happy Forgings Limited Market Cap ($1.80 Billion)
Market Cap & Net Worth: Happy Forgings Limited (HAPPYFORGE)
Happy Forgings Limited market cap. Happy Forgings Limited (NSE:HAPPYFORGE) has a market capitalization of $1.80 Billion (Rs166.66 Billion) as of November 4, 2026. Listed on the NSE stock exchange, this India-based company holds position #6269 globally and #286 in its home market, demonstrating a 0.48% increase 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 Rs1766.80 by its total outstanding shares 94327921 (94.33 Million). Also see HAPPYFORGE cash flow conversion for how efficiently the company converts equity into cash flow.
Happy Forgings Limited Market Cap History (2023–2026)
Happy Forgings Limited market cap history from 2023 to 2026. Data shows growth from $1.05 Billion to $1.80 Billion (20.91% CAGR). Check HAPPYFORGE stock price for real-time trading data and today's change.
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. Explore HAPPYFORGE year-over-year net asset growth to track how rapidly the company is growing its equity base year over year.
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 November 4, 2026. Also see HAPPYFORGE total assets for a full breakdown of the balance sheet.
Key companies related to Happy Forgings Limited by market ranking:
- Allegheny Technologies Incorporated (NYSE:ATI): Ranked #1060 globally with a market cap of $24.56 Billion USD.
- Carpenter Technology Corporation (NYSE:CRS): Ranked #1615 globally with a market cap of $14.74 Billion USD.
- Mueller Industries Inc (NYSE:MLI): Ranked #1848 globally with a market cap of $12.29 Billion USD.
- AURUBIS AG UNSP.ADR 1/2 (F:NDA1): Ranked #2666 globally with a market cap of $7.45 Billion USD ( €6.37 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1060 | Allegheny Technologies Incorporated | NYSE:ATI | $24.56 Billion | $180.33 |
| #1615 | Carpenter Technology Corporation | NYSE:CRS | $14.74 Billion | $296.72 |
| #1848 | Mueller Industries Inc | NYSE:MLI | $12.29 Billion | $55.55 |
| #2666 | AURUBIS AG UNSP.ADR 1/2 | F:NDA1 | $7.45 Billion | €96.50 |
Market Capitalization of Happy Forgings Limited (2023–2026)
Market capitalization of Happy Forgings Limited from 2023 to today. Between 2023 and today, Happy Forgings Limited's market cap moved from $1.05 Billion to $ 1.80 Billion, with a yearly change of 20.91%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs1.80 Billion | +53.76% |
| 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 Nov 4th, 2026 the market cap of Happy Forgings Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.80 Billion USD |
| MoneyControl | $1.80 Billion USD |
| MarketWatch | $1.80 Billion USD |
| marketcap.company | $1.80 Billion USD |
| Reuters | $1.80 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