Quarterly Result6 Nov 2025, 03:30 pm
Happy Forgings Ltd Reports Highest Ever Quarterly Gross Margin at 60% and EBITDA Margin at ~31% for Q2FY26
AI Summary
Happy Forgings Limited, a leading engineering-led manufacturer of high-precision, safety-critical, heavy-forged, and machined components, announced its consolidated financial results for the quarter and half year ending 30th September 2025. The company reported a robust performance with a highest-ever quarterly gross margin of ~60% and EBITDA margin of ~31% for Q2FY26. The strong performance was driven by a 4.5% YoY increase in revenue from operations, margin expansion, and healthy domestic demand.
Key Highlights
- Revenue from Operations for Q2FY26 is INR 377 crores, up 4.5% YoY
- Gross Profit for Q2FY26 is INR 228 crores, up 7.1% YoY with a margin expansion of ~150 bps
- EBITDA for Q2FY26 is INR 116 crores, up 9.9% YoY with margins at 30.7%
- PAT for Q2FY26 is INR 73 crores, up 10.2% YoY on an adjusted basis
- H1FY26 highlights include a 4.1% YoY increase in revenue from operations and a 6.7% YoY growth in gross profit