Happy Forgings Limited has informed the Exchange regarding Outcome of Board Meeting held on May 21, 2026.

Profit growth above 25%Results View source PDF Explain this filing

HAPPYFORGE · price

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Price reactionminutes from the announcement price · days from the prior close

-5.4%Reaction day

₹1452.00

prior close

₹1478.90

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.1%-5.5% vs market

Castings & Forgings peers, median of 21sector+0.1%-5.4% vs sector

On the reaction day the stock moved 5.5 pts less than Nifty Microcap 250 and 5.4 pts less than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.2

10m

-1.7

15m

-3.2

30m

-5.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.4+0.1-5.5+0.1-5.4

Next day

-5.0+1.7-6.7+0.5-5.5

-4.3+2.4-6.7+0.9-5.2

-2.2+2.4-4.6+2.0-4.2

-4.9+1.7-6.6-1.1-3.8

-2.2+0.6-2.8-0.7-1.5

-3.2+1.9-5.2+0.7-3.9

15d

-7.1+4.9-12.0+1.7-8.8

+7.1+8.9-1.8+4.6+2.5

+9.8+7.5+2.3+4.3+5.5

+51.8+13.6+38.2+13.6+38.2

UpDownMarket · Nifty Microcap 250Sector · Castings & Forgings peers, median of 21Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Happy Forgings Limited's board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Statutory auditors S R Batliboi & Co. LLP issued an unmodified (clean) opinion on the results. Operating profit before tax grew to ₹47,899.01 lakh from ₹42,348.24 lakh in the prior year. The board declared a final dividend of ₹4 per equity share (face value ₹2) for FY 2025-26, subject to shareholder approval. Key appointments include KPMG as internal auditor and Rajan Sabharwal & Associates as cost auditor. The solar power project capacity was increased from 25 MW to 35 MW with investment up to ₹170 crore. Two director re-appointments were also approved.

Likely market impact

The clean audit opinion and 13% growth in operating profit indicate stable performance. The dividend declaration and expansion of green energy infrastructure are positive signals for shareholders.