Audited Results of Happy Forgings Ltd. Company

(Rs in Cr.)	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Income	1,546.34	1,408.89	1,358.24	1,196.53	860.05
Manufacturing Expenses	104.98	99.10	92.36	75.76	67.65
Personnel Expenses	136.58	124.82	114.46	87.78	68.68
Selling Expenses	1.49	1.15	0.82	0.68	0.30
Administrative Expenses	120.49	109.75	93.14	84.08	60.69
Expenses Capitalised	0	0	0	0	0
Cost Of Sales	1,075.64	1,002.19	970.70	855.59	629.16
Operating Profit	470.70	406.70	387.54	340.94	230.89
Other Recurring Income	30.81	37.57	13.36	5.75	6.06
Adjusted PBDIT	501.51	444.27	400.90	346.69	236.95
Financial Expenses	10.47	7.53	11.78	12.48	7.16
Depreciation	89.04	77.06	64.73	54.18	37.74
Other Write offs	0	0	0	0	0
Adjusted PBT	401.99	359.67	324.39	280.03	192.05
Tax Charges	100.35	92.10	81.41	71.33	49.76
Adjusted PAT	301.64	267.57	242.99	208.70	142.28
Non Recurring Items	1.38	0.23	0.18	0.23	0.33
Other Non Cash adjustments	0	0	0	0	0
Reported Net Profit	301.64	267.57	242.99	208.70	142.28
Equity Dividend	28.29	37.68	11.63	0	0
Preference Dividend	0	0	0	0	0
Retained Earnings	1,498.86	1,224.12	994	762.49	562.48

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