HAPPYFORGE vs STEELCAS: Stock Comparison
HAPPY FORGINGS is the larger company by market capitalisation. HAPPY FORGINGS shows faster revenue growth, while STEELCAST shows a lower P/E, a higher ROE and a higher dividend yield. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
HAPPYFORGE leads 4; STEELCAS leads 9 of 13
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | HAPPYFORGE | STEELCAS |
|---|---|---|
| Sector | Capital Goods | Capital Goods |
| Industry | Castings & Forgings | Castings & Forgings |
Price
| Metric | HAPPYFORGE | STEELCAS |
|---|---|---|
| Live Price | ₹1,922.6 | ₹356.5 |
| Day Change | -0.94% | -1.04% |
| Volume | 72,271 | 63,799 |
| 52-Week High | ₹2,470 | ₹390.9 |
| 52-Week Low | ₹888.75 | ₹176.02 |
| Distance from 52W High | -22.16% | -8.8% |
Valuation
| Metric | HAPPYFORGE | STEELCAS |
|---|---|---|
| Market Cap | ₹18,095 Cr | ₹3,593 Cr |
| P/E Ratio | 55.25x | 39.62x |
| P/B Ratio | 8.5x | 9.1x |
| EPS | ₹9.69 | ₹2.34 |
| Book Value | ₹225.49 | ₹39.03 |
| Dividend Yield | 0.21% | 0.51% |
Growth
| Metric | HAPPYFORGE | STEELCAS |
|---|---|---|
| Revenue Growth (TTM YoY) | 20.4% | -6.9% |
| EPS Growth (TTM YoY) | 23% | -13.4% |
| Qtr Sales Growth | 0% | 11.02% |
| Qtr Profit Growth | 0% | 2.31% |
Profitability & Leverage
| Metric | HAPPYFORGE | STEELCAS |
|---|---|---|
| ROE | 14.17% | 21.99% |
| ROCE | 12.72% | 22.18% |
| Net Margin | 19.45% | 20.53% |
| Operating Margin | 26.67% | 27.59% |
| Debt to Equity | 0.15x | 0x |
Shareholding
As of Sep 2026 • change vs previous quarter| Metric | HAPPYFORGE | STEELCAS |
|---|---|---|
| Promoter Holding | 78.44%▼ 0.02 pp | 45% |
| FII Holding | 2.37%▲ 0.49 pp | 0.29%▲ 0.04 pp |
| DII Holding | 14.93%▼ 0.61 pp | 2.55%▲ 0.02 pp |
| Public Holding | 4.26%▲ 0.13 pp | 52.16%▼ 0.06 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: HAPPY FORGINGS and STEELCAST.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

