Happy Forgings Limited — New Orders, 14-11-2024: Bagging/Receiving of orders/contracts

HAPPY FORGINGS has secured a significant order from a North American client for the supply of precision-engineered, machined components for power generation applications. This international contract is expected to contribute approximately ₹28 Cr per annum at fully ramped-up supply volumes, projecting a total value of roughly ₹135-145 Cr over a minimum period of five years. Supplies are scheduled to commence in Q2 FY26 and will continue through FY31. This development enhances the company's capacity in the power generation sector, offering long-term revenue growth potential. Investors should note this strategic win, as it suggests a positive outlook for future operations and market positioning.