Happy Forgings Q4 Revenue Up 20%, PAT Rises 24%

Happy Forgings reported Q4 FY26 revenue growth of 20.4% YoY to ₹424 crore, driven by 21% volume growth.
EBITDA surged 30.4% YoY to ₹133 crore with margin expansion of 240 bps to 31.5%, while PAT grew 23.6% to ₹84 crore.
Full-year FY26 revenue reached ₹1,546 crore with PAT of ₹302 crore, supported by strong performance across automotive and industrial segments.
Management highlighted robust order pipeline and export opportunities while noting manageable impact from recent raw material cost inflation.