HAPPYFORGE vs STEELCAS: Stock Comparison

HAPPY FORGINGS vs STEELCASTUpdated 9 Oct 26, 4:08 PM ISTNSE & company filings

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

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

HAPPYFORGESTEELCAS

Valuation lens

What price are you paying?

Market CapContext only
₹18,095 Cr
₹3,593 Cr
P/E RatioSTEELCAS has the lower reading
55.25x
39.62x ✓
P/B RatioHAPPYFORGE has the lower reading
8.5x ✓
9.1x
EPSHAPPYFORGE has the higher reading
₹9.69 ✓
₹2.34
Book ValueContext only
₹225.49
₹39.03
Dividend YieldSTEELCAS has the higher reading
0.21%
0.51% ✓

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
HAPPYFORGE is the larger company
₹18,095 Cr vs ₹3,593 Cr
P/E Ratio
STEELCAS has a lower P/E
39.62x vs 55.25x
P/B Ratio
HAPPYFORGE has a lower P/B
8.5x vs 9.1x
EPS
HAPPYFORGE has higher earnings per share
₹9.69 vs ₹2.34
Dividend Yield
STEELCAS has a higher dividend yield
0.51% vs 0.21%
Revenue Growth (TTM YoY)
HAPPYFORGE has faster revenue growth
20.4% vs -6.9%
EPS Growth (TTM YoY)
HAPPYFORGE has faster EPS growth
23% vs -13.4%
Qtr Sales Growth
STEELCAS has stronger quarterly sales growth
11.02% vs 0%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricHAPPYFORGESTEELCAS
SectorCapital GoodsCapital Goods
IndustryCastings & ForgingsCastings & Forgings

Price

MetricHAPPYFORGESTEELCAS
Live Price₹1,922.6₹356.5
Day Change-0.94%-1.04%
Volume72,27163,799
52-Week High₹2,470₹390.9
52-Week Low₹888.75₹176.02
Distance from 52W High-22.16%-8.8%

Valuation

MetricHAPPYFORGESTEELCAS
Market Cap₹18,095 Cr₹3,593 Cr
P/E Ratio55.25x39.62x
P/B Ratio8.5x9.1x
EPS₹9.69₹2.34
Book Value₹225.49₹39.03
Dividend Yield0.21%0.51%

Growth

MetricHAPPYFORGESTEELCAS
Revenue Growth (TTM YoY)20.4%-6.9%
EPS Growth (TTM YoY)23%-13.4%
Qtr Sales Growth0%11.02%
Qtr Profit Growth0%2.31%

Profitability & Leverage

MetricHAPPYFORGESTEELCAS
ROE14.17%21.99%
ROCE12.72%22.18%
Net Margin19.45%20.53%
Operating Margin26.67%27.59%
Debt to Equity0.15x0x

Shareholding

As of Sep 2026 • change vs previous quarter
MetricHAPPYFORGESTEELCAS
Promoter Holding78.44%▼ 0.02 pp45%
FII Holding2.37%▲ 0.49 pp0.29%▲ 0.04 pp
DII Holding14.93%▼ 0.61 pp2.55%▲ 0.02 pp
Public Holding4.26%▲ 0.13 pp52.16%▼ 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.

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.