Happiest Minds Technologies Ltd logo

Happiest Minds Technologies Ltd

HAPPSTMNDS NSE

Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company[1]

Key Fundamentals

MicrocapComputer Software & ConsultingInformation Technology
Market Cap
₹5,274 Cr
Volatility
Moderate
P/E Ratio
24.51
EBITDA
₹385 Cr
Return on Equity
16.78%
Debt to Equity
0.57
Book Value
₹110.98
EPS
₹15.18
52W High
₹660.85
52W Low
₹330.2

Technical Indicators

Key Insights

Strengths

1
  • Company has been maintaining a healthy dividend payout of 42.8%

Weaknesses

1
  • Promoter holding has decreased over last 3 years: -9.03%

Growth Rate

Revenue Growth
7.07% ↗
Net Income Growth
10.82% ↘
Cash Flow Change
11.23% ↗
ROE
-30.10% ↘
ROCE
-26.44% ↘
EBITDA Margin (Avg.)
-23.96% ↘

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
378
391
407
410
417
464
522
531
545
550
574
588
604
Expenses
286
302
324
329
334
379
430
437
461
456
475
480
500
Operating Profit
92
89
83
81
83
85
92
94
84
94
99
107
104
OPM %
24%
23%
20%
20%
20%
18%
18%
18%
15%
17%
17%
18%
17%
Other Income
8
14
22
25
38
25
27
23
14
30
22
-6
21
Interest
9
10
11
11
10
20
28
27
25
25
25
25
23
Depreciation
13
14
15
15
15
22
23
21
23
22
22
22
22
PBT
79
79
79
81
96
68
68
69
50
77
73
54
80
Tax %
27%
26%
26%
26%
25%
25%
27%
27%
33%
26%
26%
26%
24%
Net Profit
58
58
58
60
72
51
50
50
34
57
54
40
61
EPS in Rs
3.93
3.97
3.84
3.92
4.73
3.35
3.25
3.29
2.23
3.75
3.55
2.65
4.02
Figures in ₹ Crores

Profit & Loss

  Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
590
698
773
1,094
1,429
1,625
2,061
2,315
Expenses
535
601
582
836
1,070
1,289
1,706
1,912
Operating Profit
55
97
191
258
359
336
354
403
OPM %
9%
14%
25%
24%
25%
21%
17%
17%
Other Income
-1
5
24
31
15
99
89
66
Interest
16
8
7
10
22
42
99
97
Depreciation
25
20
23
33
42
58
89
88
PBT
13
74
186
246
310
335
255
284
Tax %
-9%
3%
13%
26%
25%
26%
28%
25%
Net Profit
14
72
162
181
231
248
185
213
EPS in Rs
3.82
14.52
11.06
12.34
15.73
16.31
12.13
13.96
Div. Payout %
0%
0%
26%
30%
34%
35%
49%
45%
Figures in ₹ Crores

Balance Sheet

  Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
6
9
28
29
29
30
30
30
Reserves
-94
220
518
637
810
1,450
1,545
1,659
Borrowings
144
150
193
250
534
512
1,244
1,487
Other Liabilities
358
129
176
205
256
242
505
449
Total Liabilities
414
508
915
1,120
1,628
2,235
3,323
3,625
Fixed Assets
61
38
128
158
432
413
1,211
1,174
CWIP
0
0
0
0
3
0
0
0
Investments
98
83
391
472
13
0
350
504
Other Assets
254
387
395
491
1,181
1,822
1,761
1,948
Total Assets
414
508
915
1,120
1,628
2,235
3,323
3,625
Figures in ₹ Crores

Cash Flow

  Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
58
112
144
168
207
213
236
261
Investing
1
-72
-271
-96
-348
-537
-731
-121
Financing
-59
-13
169
-91
72
363
499
-144
Net Cash Flow
0
27
42
-19
-68
39
4
-4
Free Cash Flow
57
112
143
164
68
202
225
255
CFO/OP
111
122
94
86
82
94
95
89
Figures in ₹ Crores

Ratios

  Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
80
60
58
56
54
57
63
62
Cash Conversion Cycle
80
60
58
56
54
57
63
62
Working Capital Days
-86
-21
-33
-23
-50
-28
-109
-38
ROCE %
—
43%
35%
32%
30%
22%
15%
13%

Shareholding Pattern

As of Mar 2026
Promoters 44.21%
Public 34.61%
DIIs 8.99%
Others 6.24%
FIIs 5.94%
Total 99.99%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
53.25%
53.25%
53.25%
53.25%
53.26%
53.24%
53.24%
53.24%
53.24%
53.24%
51.35%
50.24%
50.24%
44.22%
44.22%
44.22%
44.21%
44.21%
44.21%
44.21%
44.21%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
4.69%
5.30%
5.33%
5.34%
5.04%
5.33%
5.39%
5.89%
5.94%
DIIs
6.59%
3.29%
1.50%
1.31%
1.05%
1.01%
1.49%
1.32%
1.26%
1.26%
2.42%
2.41%
2.58%
2.86%
4.18%
6.08%
10.59%
10.57%
10.20%
9.63%
8.99%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
26.14%
26.61%
28.87%
29.63%
30.56%
31.53%
30.43%
30.57%
30.69%
30.54%
30.92%
31.97%
32.45%
36.42%
35.62%
34.69%
33.43%
32.93%
33.24%
34.00%
34.61%
Others
14.01%
16.85%
16.37%
15.80%
15.13%
14.21%
14.83%
14.86%
14.80%
14.96%
15.30%
15.38%
10.04%
11.20%
10.65%
9.67%
6.73%
6.96%
6.96%
6.27%
6.24%
No. of Shareholders
2,06,848
3,43,534
5,27,509
6,04,037
6,75,122
7,18,636
7,19,197
7,12,848
7,11,568
6,96,794
7,28,316
7,36,130
7,32,253
7,59,641
7,28,443
7,07,146
6,87,788
6,79,128
6,64,262
6,50,749
6,42,274

Documents

Frequently Asked Questions about Happiest Minds Technologies Ltd

What does Happiest Minds Technologies Ltd do?
Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company[1]
Where is Happiest Minds Technologies Ltd (HAPPSTMNDS) listed?
Happiest Minds Technologies Ltd is listed on the Indian stock exchanges. It is listed on NSE: HAPPSTMNDS and BSE: 543227. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Happiest Minds Technologies Ltd belong to?
Happiest Minds Technologies Ltd operates in the Information Technology sector within the IT - Software industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Happiest Minds Technologies Ltd?
Happiest Minds Technologies Ltd has a market capitalisation of approximately ₹5274.04 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Happiest Minds Technologies Ltd?
The Price-to-Earnings (PE) ratio of Happiest Minds Technologies Ltd is 24.51. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Happiest Minds Technologies Ltd?
Over the past 52 weeks, Happiest Minds Technologies Ltd has traded between a low of ₹330.2 and a high of ₹660.85. This range helps investors understand the stock's price volatility and recent trading levels.
Does Happiest Minds Technologies Ltd pay dividends?
Yes, Happiest Minds Technologies Ltd has a dividend yield of 1.85%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Happiest Minds Technologies Ltd?
Happiest Minds Technologies Ltd has a Return on Equity (ROE) of 16.78%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Happiest Minds Technologies Ltd on Tapetide?
On Tapetide, you can view Happiest Minds Technologies Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company[1]

Website happiestminds.com
CEO Mr. Ashok Soota B.E, M.B.A
Employees 4,886
Listed 2020-09-17
Face Value ₹ 2
Issued Size 15,22,74,811

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