Happy Forgings Ltd vs Ramkrishna Forgings Ltd Stock Comparison

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Last Updated on: May 04, 2026

Key Highlights

The Latest Trading Price of Happy Forgings Ltd is ₹ 1331 as of 04 May 10:22 . The P/E Ratio of Happy Forgings Ltd changed from 34.4 on March 2024 to 27.7 on March 2025 . This represents a CAGR of -10.27% over 2 yearsThe P/E Ratio of Ramkrishna Forgings Ltd changed from 80.8 on March 2021 to 33.7 on March 2025 . This represents a CAGR of -16.05% over 5 years The Market Cap of Happy Forgings Ltd changed from ₹ 8366 crore on March 2024 to ₹ 7404 crore on March 2025 . This represents a CAGR of -5.93% over 2 yearsThe Market Cap of Ramkrishna Forgings Ltd changed from ₹ 1672 crore on March 2021 to ₹ 13983 crore on March 2025 . This represents a CAGR of 52.92% over 5 years The revenue of Happy Forgings Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 399.47 crore. This represent the decline of -100% The revenue of Ramkrishna Forgings Ltd for the Mar '26 is ₹ 1218 crore as compare to the Dec '25 revenue of ₹ 1100 crore. This represent the growth of 10.75% The ebitda of Happy Forgings Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 128.56 crore. This represent the decline of -100% The ebitda of Ramkrishna Forgings Ltd for the Mar '26 is ₹ 204.62 crore as compare to the Dec '25 ebitda of ₹ 153.61 crore. This represent the growth of 33.21% The net profit of Happy Forgings Ltd changed from ₹ 63.8 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of -100.00% The net profit of Ramkrishna Forgings Ltd changed from ₹ 54.73 crore to ₹ 55.94 crore over 8 quarters. This represents a CAGR of 1.10% The Dividend Payout of Happy Forgings Ltd changed from 5.57 % on March 2023 to 10.57 % on March 2025 . This represents a CAGR of 23.81% over 3 yearsThe Dividend Payout of Ramkrishna Forgings Ltd changed from 13.16 % on March 2022 to 0 % on March 2025 . This represents a CAGR of -100.00% over 4 years .

About Happy Forgings Ltd

Happy Forgings Limited was incorporated as Happy Forgings Private Limited' at Jalandhar, Punjab as a private limited company, pursuant to a certificate of incorporation dated July 2, 1979, issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh.
Thereafter, Company was converted from a private limited company to a public limited company, and the name of Company was changed to Happy Forgings Limited', and a fresh certificate of incorporation dated April 1, 1998, issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Happy Forgings is an engineering led manufacturer of complex and safety critical, heavy forged and high precision machined components in India.
The Company manufacture a wide range of forged and machined products such as crankshafts, front axle beams, steering knuckles, differential cases, transmission parts, planetary carriers, suspension brackets and valve bodies across industries for a diversified base of customers.

About Ramkrishna Forgings Ltd

Ramkrishna Forgings Limited was incorporated on November 12, 1981 as a Private Limited Company with the name 'Ramkrishna Forgings Private Limited'.
On May 25, 1995, the Company was converted into a Public Limited Company and the name was changed to Ramkrishna Forgings Limited. The Company is primarily engaged in manufacturing and sale of forged components of automobiles, railway wagons & coach and engineering parts.
The Company presently has manufacturing facilities at Gamaria, Adityapur Industrial Area, Baliguma, Dugni at Saraikela, Jamshedpur in Jharkhand and at Liluah in West Bengal. The company's products include forgings for railway coaches, wagons and locomotives; forgings for automobiles, mining and general engineering; forgings for valve bodies; transmission items; track links, master links and trade rollers; drop forgings from 1 kilogram to 125 kilograms, and forged and fabricated spares for railway wagons, coaches, diesel and steam locos, such as hanger, screw coupling, side frame key, shackle stone, guide, lower spring seats, draw gear assembly, snubber assy, block hangers, draw hook and drawbar.

FAQs for the comparison of Happy Forgings Ltd and Ramkrishna Forgings Ltd

Which company has a larger market capitalization, Happy Forgings Ltd or Ramkrishna Forgings Ltd?

Market cap of Happy Forgings Ltd is 12,756 Cr while Market cap of Ramkrishna Forgings Ltd is 10,853 Cr

What are the key factors driving the stock performance of Happy Forgings Ltd and Ramkrishna Forgings Ltd?

The stock performance of Happy Forgings Ltd and Ramkrishna Forgings Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Happy Forgings Ltd and Ramkrishna Forgings Ltd?

As of May 4, 2026, the Happy Forgings Ltd stock price is INR ₹1352.0. On the other hand, Ramkrishna Forgings Ltd stock price is INR ₹597.4.

How do dividend payouts of Happy Forgings Ltd and Ramkrishna Forgings Ltd compare?

To compare the dividend payouts of Happy Forgings Ltd and Ramkrishna Forgings Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.