WEBSITE BSE:543227 NSE: HAPPSTMNDS Inc. Year: 2011 Industry: IT - Software My Bucket: Add Stock
Last updated: 15:59
Happiest Minds Technologies Ltd offers IT solutions and offerings in India, the USA, Canada, the United Kingdom, Australia, the Netherlands, Singapore, Malaysia, and the Middle East. It operates through three segments: Infrastructure Management & Security Services (IMSS); Digital Business Solutions (DBS); and Product Engineering Services (PES). The IMSS section affords safety offerings, together with cyber and infrastructure security, governance, risk and compliance, information privacy and security, identification and get access control, and c...Read More
Happiest Minds Technologies Ltd offers IT solutions and offerings in India, the USA, Canada, the United Kingdom, Australia, the Netherlands, Singapore, Malaysia, and the Middle East. It operates through three segments: Infrastructure Management & Security Services (IMSS); Digital Business Solutions (DBS); and Product Engineering Services (PES). The IMSS section affords safety offerings, together with cyber and infrastructure security, governance, risk and compliance, information privacy and security, identification and get access control, and chance and vulnerability control; infrastructure services accommodates of DC and hybrid cloud offerings, workspace offerings, service automation, database and middleware offerings, and software program defined infrastructure services; and advisory, transformation, managed and hosted offerings, and stable intelligence solutions. The DBS section gives enterprise applications and customized solutions, comprising of advisory, design and architecture, custom-app improvement, bundle implementation, and checking and on-going support services to IT initiatives. The PES section assists software product groups in building products and services that integrates mobile, cloud, and social technology. The company also presents Internet of Things (IoT) solutions, including digital strategy advent session, end to end machine integration on IoT structures, IoT security and managed services, implementation of IoT roadmap, and derivation of insights. In addition, it gives analytics/artificial intelligence solutions, along with implementation of advanced analytics the use of artificial intelligence, ML and statistical models, and engineering big data systems; and virtual method automation solutions, which includes robot system automation, intelligent business procedure control, and cognitive automation the usage of AI and ML based fashions. The organisation incorporated in 2011 and is established in Bengaluru, India. ...Read Less
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Market Cap ₹5815 Cr.
Stock P/E 31.5
P/B 3.5
Current Price ₹381.9
Book Value ₹ 109.6
Face Value 2
52W High ₹674
Dividend Yield 1.57%
52W Low ₹ 305.3
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 407 | 410 | 417 | 464 | 522 | 531 | 545 | 550 | 574 | 588 |
| Other Income | 22 | 24 | 25 | 25 | 27 | 23 | 26 | 30 | 22 | 16 |
| Total Income | 429 | 434 | 443 | 489 | 549 | 554 | 571 | 580 | 595 | 603 |
| Total Expenditure | 324 | 329 | 334 | 379 | 430 | 437 | 461 | 456 | 475 | 480 |
| Operating Profit | 105 | 105 | 108 | 110 | 119 | 117 | 110 | 124 | 120 | 123 |
| Interest | 11 | 11 | 10 | 20 | 28 | 27 | 25 | 25 | 25 | 25 |
| Depreciation | 15 | 15 | 15 | 22 | 23 | 21 | 23 | 22 | 22 | 22 |
| Exceptional Income / Expenses | 0 | 1 | 13 | 0 | 0 | 0 | -12 | 0 | 0 | -22 |
| Profit Before Tax | 79 | 81 | 96 | 68 | 68 | 69 | 50 | 77 | 73 | 54 |
| Provision for Tax | 21 | 21 | 24 | 17 | 18 | 19 | 16 | 20 | 19 | 14 |
| Profit After Tax | 58 | 60 | 72 | 51 | 50 | 50 | 34 | 57 | 54 | 40 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 58 | 60 | 72 | 51 | 50 | 50 | 34 | 57 | 54 | 40 |
| Adjusted Earnings Per Share | 3.9 | 4 | 4.8 | 3.4 | 3.3 | 3.3 | 2.3 | 3.8 | 3.6 | 2.7 |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 468 | 596 | 698 | 773 | 1094 | 1429 | 1625 | 2061 | 2257 |
| Other Income | 17 | 4 | 16 | 24 | 37 | 35 | 85 | 105 | 94 |
| Total Income | 484 | 600 | 714 | 798 | 1131 | 1465 | 1710 | 2166 | 2349 |
| Total Expenditure | 491 | 551 | 601 | 582 | 836 | 1085 | 1289 | 1710 | 1872 |
| Operating Profit | -7 | 48 | 113 | 215 | 295 | 380 | 421 | 456 | 477 |
| Interest | 6 | 7 | 8 | 6 | 10 | 22 | 42 | 99 | 100 |
| Depreciation | 7 | 6 | 20 | 23 | 33 | 42 | 58 | 89 | 89 |
| Exceptional Income / Expenses | 0 | -17 | -11 | 0 | -6 | -6 | 14 | -12 | -34 |
| Profit Before Tax | -20 | 18 | 74 | 186 | 246 | 310 | 335 | 255 | 254 |
| Provision for Tax | 0 | 0 | 2 | 24 | 65 | 79 | 86 | 71 | 69 |
| Profit After Tax | -20 | 18 | 72 | 162 | 181 | 231 | 248 | 185 | 185 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -20 | 18 | 72 | 162 | 181 | 231 | 248 | 185 | 185 |
| Adjusted Earnings Per Share | -5.3 | 4.9 | 16.3 | 11.5 | 12.7 | 16.1 | 16.6 | 12.3 | 12.4 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 27% | 24% | 24% | 0% |
| Operating Profit CAGR | 8% | 16% | 32% | 0% |
| PAT CAGR | -25% | 1% | 21% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -34% | -22% | -10% | NA% |
| ROE Average | 12% | 21% | 27% | 21% |
| ROCE Average | 15% | 23% | 27% | 21% |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 185 | 207 | 265 | 546 | 666 | 839 | 1480 | 1575 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 18 | 12 | 1 | 37 | 17 | 113 | 104 | 335 |
| Other Non-Current Liabilities | 14 | 13 | 30 | 50 | 70 | 100 | 80 | 205 |
| Total Current Liabilities | 137 | 155 | 212 | 279 | 365 | 576 | 567 | 1208 |
| Total Liabilities | 355 | 386 | 508 | 912 | 1118 | 1628 | 2231 | 3323 |
| Fixed Assets | 54 | 34 | 38 | 128 | 158 | 432 | 413 | 1211 |
| Other Non-Current Assets | 20 | 73 | 25 | 39 | 33 | 124 | 41 | 111 |
| Total Current Assets | 281 | 279 | 445 | 745 | 927 | 1073 | 1778 | 2001 |
| Total Assets | 355 | 386 | 508 | 912 | 1118 | 1628 | 2231 | 3323 |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 8 | 16 | 16 | 44 | 86 | 67 | -1 | 109 |
| Cash Flow from Operating Activities | 3 | 36 | 112 | 143 | 168 | 207 | 213 | 236 |
| Cash Flow from Investing Activities | -27 | -3 | -74 | -284 | -96 | -351 | -466 | -762 |
| Cash Flow from Financing Activities | 33 | -25 | -13 | 170 | -91 | 72 | 363 | 499 |
| Net Cash Inflow / Outflow | 8 | 8 | 25 | 29 | -19 | -72 | 110 | -26 |
| Closing Cash & Cash Equivalent | 16 | 26 | 44 | 86 | 67 | -1 | 109 | 119 |
| # | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -5.32 | 4.92 | 16.32 | 11.45 | 12.71 | 16.13 | 16.63 | 12.31 |
| CEPS(Rs) | -3.47 | 6.48 | 20.92 | 13.06 | 15.01 | 19.06 | 20.53 | 18.22 |
| DPS(Rs) | 0 | 0 | 0 | 3 | 3.75 | 5.4 | 5.75 | 6 |
| Book NAV/Share(Rs) | 38.7 | 44.46 | 51.06 | 38.24 | 46.42 | 58.39 | 99 | 104.89 |
| Core EBITDA Margin(%) | -5.04 | 7.43 | 13.91 | 24.7 | 23.56 | 24.11 | 20.67 | 17.03 |
| EBIT Margin(%) | -2.93 | 4.23 | 11.69 | 24.89 | 23.39 | 23.21 | 23.2 | 17.22 |
| Pre Tax Margin(%) | -4.23 | 3.07 | 10.54 | 24.05 | 22.48 | 21.68 | 20.6 | 12.4 |
| PAT Margin (%) | -4.23 | 3.07 | 10.27 | 21.01 | 16.57 | 16.16 | 15.29 | 8.96 |
| Cash Profit Margin (%) | -2.76 | 4.04 | 13.17 | 23.95 | 19.57 | 19.09 | 18.88 | 13.26 |
| ROA(%) | -5.57 | 4.93 | 16.03 | 22.88 | 17.85 | 16.82 | 12.87 | 6.65 |
| ROE(%) | -13.74 | 11.82 | 36.81 | 42.37 | 30.09 | 30.84 | 21.46 | 12.1 |
| ROCE(%) | -4.85 | 8.82 | 25.11 | 35.37 | 32.32 | 30.67 | 23.35 | 15.24 |
| Receivable days | 79.24 | 72 | 64.91 | 55.87 | 48.28 | 48.59 | 52.53 | 54.25 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 0 | 0 | 0 | 47.16 | 83.04 | 47.6 | 44.74 | 48.41 |
| Price/Book(x) | 0 | 0 | 0 | 14.13 | 22.73 | 13.15 | 7.52 | 5.68 |
| Dividend Yield(%) | 0 | 0 | 0 | 0.56 | 0.36 | 0.7 | 0.77 | 1.01 |
| EV/Net Sales(x) | 0.28 | 0.18 | -0.07 | 9.95 | 13.78 | 7.54 | 6.29 | 4.39 |
| EV/Core EBITDA(x) | -18.93 | 2.16 | -0.42 | 35.76 | 51.12 | 28.35 | 24.26 | 19.84 |
| Net Sales Growth(%) | 0 | 27.37 | 17.23 | 10.77 | 41.41 | 30.69 | 13.67 | 26.85 |
| EBIT Growth(%) | 0 | 283.72 | 224.31 | 135.83 | 32.88 | 29.68 | 13.64 | -5.84 |
| PAT Growth(%) | 0 | 192.46 | 292.5 | 126.55 | 11.54 | 27.48 | 7.53 | -25.66 |
| EPS Growth(%) | 0 | 192.49 | 231.82 | -29.81 | 10.95 | 26.94 | 3.1 | -26 |
| Debt/Equity(x) | 0.52 | 0.39 | 0.37 | 0.33 | 0.29 | 0.56 | 0.3 | 0.74 |
| Current Ratio(x) | 2.05 | 1.8 | 2.1 | 2.67 | 2.54 | 1.86 | 3.14 | 1.66 |
| Quick Ratio(x) | 2.05 | 1.8 | 2.1 | 2.67 | 2.54 | 1.86 | 3.14 | 1.66 |
| Interest Cover(x) | -2.26 | 3.65 | 10.18 | 29.66 | 25.71 | 15.17 | 8.92 | 3.57 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0.02 | 0.01 | 0.04 | 0.04 | 0.13 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 50.24 | 50.24 | 44.22 | 44.22 | 44.22 | 44.21 | 44.21 | 44.21 | 44.21 | 44.21 |
| FII | 5.05 | 4.69 | 5.3 | 5.33 | 5.34 | 5.04 | 5.33 | 5.39 | 5.89 | 5.94 |
| DII | 2.41 | 2.58 | 2.85 | 4.18 | 5.91 | 10.59 | 10.57 | 10.2 | 9.62 | 8.99 |
| Public | 42.3 | 42.49 | 47.62 | 46.26 | 44.53 | 40.17 | 39.89 | 40.2 | 40.27 | 40.86 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 7.65 | 7.65 | 6.73 | 6.73 | 6.73 | 6.73 | 6.73 | 6.73 | 6.73 | 6.73 |
| FII | 0.77 | 0.71 | 0.81 | 0.81 | 0.81 | 0.77 | 0.81 | 0.82 | 0.9 | 0.9 |
| DII | 0.37 | 0.39 | 0.43 | 0.64 | 0.9 | 1.61 | 1.61 | 1.55 | 1.47 | 1.37 |
| Public | 6.44 | 6.47 | 7.25 | 7.04 | 6.78 | 6.12 | 6.07 | 6.12 | 6.13 | 6.22 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15.23 | 15.23 | 15.23 | 15.23 | 15.23 | 15.23 | 15.23 | 15.23 | 15.23 | 15.23 |
* The pros and cons are machine generated.
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