Castings & Forgings company Happy Forgings announced Q4FY26 & FY26 results Consolidated Financial Highlights: Total Income: For Q4FY26, the total income stood at Rs 42,988.62 lakh, representing a QoQ increase of 10.38% from Rs 38,947.01 lakh in Q3FY26 and a YoY increase of 18.79% from Rs 36,189.81 lakh in Q4FY25. For FY26, total income reached Rs 1,57,714.57 lakh, an increase of 9.04% compared to Rs 1,44,634.48 lakh in FY25. Revenue from Operations: Revenue for Q4FY26 was Rs 42,383.97 lakh, up by 11.15% QoQ from Rs 38,130.70 lakh in Q3FY26. On a YoY basis, it grew by 20.45% from Rs 35,187.23 lakh in Q4FY25. For FY26, revenue stood at Rs 1,54,633.56 lakh compared to Rs 1,40,882.47 lakh in FY25, marking a growth of 9.76%. Net Profit: The company reported a net profit of Rs 8,356.38 lakh for Q4FY26, showing a QoQ growth of 5.86% from Rs 7,894.07 lakh in Q3FY26. Compared to Q4FY25 profit of Rs 6,763.01 lakh, it increased by 23.56% YoY. For FY26, net profit reached Rs 30,162.85 lakh, a growth of 12.78% over Rs 26,743.63 lakh in FY25. Standalone Financial Highlights: Total Income: Reported at Rs 42,988.72 lakh for Q4FY26, a QoQ increase of 10.38% from Rs 38,947.15 lakh in Q3FY26 and a YoY increase of 18.72% from Rs 36,211.11 lakh in Q4FY25. For FY26, total income stood at Rs 1,57,714.99 lakh compared to Rs 1,44,646.28 lakh in FY25. Revenue from Operations: Revenue for Q4FY26 was Rs 42,383.97 lakh, up 11.15% QoQ from Rs 38,130.70 lakh in Q3FY26. It registered a YoY growth of 20.42% compared to Rs 35,197.73 lakh in Q4FY25. For FY26, revenue was Rs 1,54,533.56 lakh compared to Rs 1,40,889.47 lakh in FY25. Net Profit: Standalone net profit for Q4FY26 was Rs 8,356.43 lakh, a QoQ increase of 5.85% from Rs 7,894.68 lakh in Q3FY26. On a YoY basis, profit grew by 23.31% from Rs 6,776.84 lakh in Q4FY25. For FY26, net profit was Rs 30,163.97 lakh compared to Rs 26,757.48 lakh in FY25. Business Highlights: Segment-wise Performance: The Company and the Group operate within a single operating segment, which is the manufacture of "Auto components and Engineering parts." Dividend: The Board of Directors has recommended a final dividend of Rs 4.00 per equity share of face value of Rs 2.00 each (200%) for the financial year 2025-26, subject to the approval of shareholders. Utilization of IPO Proceeds: The company raised Rs 1,008.60 crore through its public issue (December 2023). As of March 31, 2026, the company has utilized Rs 171.126 crore for the purchase of equipment, plant, and machinery and Rs 152.760 crore for the prepayment of certain outstanding borrowings. The Board confirmed there were no deviations in fund utilization. Employee Stock Options: During FY26, the company allotted 1,08,261 equity shares upon the exercise of options under the "HAPPY FORGINGS ESOP SCHEME 2023," realizing a total of Rs 49,31,344. New Labour Codes: The company has assessed the implications of the new Labour Codes and determined that the provisions currently in force do not have a material impact on the financial results. The company continues to monitor developments regarding the finalization of state-level rules. Result PDF