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Happy Steels Ltd

Happy Steels Ltd

Iron & Steel Products· ManufacturingLudhiana, Punjabhappysteels.com

About

Happy Steels Ltd is an integrated manufacturer of safety-critical, forged and machined transmission and driveline components catering to on-highway, off-highway, electric vehicle (EV) and defence applications. The company provides end-to-end manufacturing capabilities including forging, heat treatment, precision machining, gear cutting, grinding, inspection and packaging for OEMs and Tier-I suppliers in India and overseas.

Company Details

CIN
U35923PB1996PLC018348
Incorporated
1 Jan 1996
Employees
403

Promoters

Parveen Kumar GargAbhishek GargDeepak GargParveen Kumar Garg (HUF)

Contact & Registered Office

Phone
+91 6239821029
Registered Address
Kanganwal Road, Jaspal Banger, Ludhiana, Punjab, 141122, India

Key Performance Indicators

Roe Fy2025

19.49%

Debt Equity

1.18

Price To Book

1.73

Company Financials(Restated Consolidated)

₹ in Crores
Particulars
FY2026
31 Mar 2026
FY2025
31 Mar 2025
FY2024
31 Mar 2024
Total Assets₹99.66₹78.62₹78.37
Total Income / Revenue₹96.57₹82.52₹82.24
Profit After Tax (PAT)₹7.10₹2.34₹4.69
EBITDA₹15.27₹8.49₹11.08
Net Worth₹39.98₹32.88₹30.54
Reserves & Surplus₹29.48₹31.38₹29.04
Total Borrowings₹47.18₹34.21₹35.69

All amounts in ₹ Crores · Negative PAT shown in parentheses