Happiest Minds Technologies

700.10
-8.40
(-1.19%)
Market Cap
10,660.76
Eps
16.73
PE Ratio (TTM)
48.46
Dividend Yield
0.80
Industry
Information Technology
52 Week High
956.00
52 Week low
665.50
PB Ratio
7.06
Debt to Equity
0.45
Sector
Computer Software & Consulting
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Investment Returns

In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%

Company News

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positive
Happiest Minds Technologies: Revenue Surges 29.5%, Gen AI Drives GrowthToday
Happiest Minds Technologies reported a 29.5% YoY revenue growth to ₹531 crore in Q3 FY2025. The company is focusing on generative AI projects across various sectors, with 15 proof-of-concept projects underway. Despite revenue growth, profit after tax declined 16% due to acquisition-related charges. The company aims to improve utilization rates to 79-81% and expects growth from its Gen AI Business Unit and industry verticalization.
positive
Happiest Minds Technologies: Targets 30% Revenue Growth in FY25Today
Happiest Minds Technologies aims for a 30% increase in revenue for the fiscal year 2025, focusing on Middle East market consolidation and organic growth strategies.
positive
Happiest Minds Technologies Reports Q3 Financial ResultsToday
Happiest Minds Technologies has announced its financial results for the third quarter. The company reported a consolidated net profit of 501 million rupees, compared to 495 million rupees in the previous quarter. Revenue for Q3 stood at 5.3 billion rupees, up from 5.21 billion rupees in the previous quarter.
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Growth Rate
Revenue Growth
17.90 %
Net Income Growth
7.53 %
Cash Flow Change
2.60 %
ROE
-39.07 %
ROCE
-28.02 %
EBITDA Margin (Avg.)
-5.99 %

Yearly Financial Results

Annual Financials
2019
2020
2021
2022
2023
2024
TTM
Revenue
602
714
798
1,131
1,450
1,710
2,047
Expenses
536
601
582
836
1,070
1,289
1,580
EBITDA
66
113
215
295
380
421
467
Operating Profit %
9 %
14 %
25 %
24 %
25 %
21 %
18 %
Depreciation
25
20
23
33
42
58
81
Interest
16
8
7
10
22
42
85
Profit Before Tax
13
74
186
246
310
335
301
Tax
-1
2
24
65
79
86
79
Net Profit
14
72
163
181
231
248
223
EPS in ₹
1.89
7.04
11.75
12.84
16.13
16.73
14.80

Balance Sheet

Balance Sheet
2019
2020
2021
2022
2023
2024
Total Assets
414
508
922
1,125
1,641
2,248
Fixed Assets
61
38
128
158
432
413
Current Assets
334
445
745
927
1,073
1,778
Capital Work in Progress
0
0
0
0
3
0
Investments
98
83
392
472
13
0
Other Assets
254
387
402
495
1,194
1,835
Total Liabilities
414
508
922
1,125
1,641
2,248
Current Liabilities
432
212
279
365
576
567
Non Current Liabilities
48
31
97
95
226
201
Total Equity
-66
265
546
666
839
1,480
Reserve & Surplus
-94
220
518
637
810
1,450
Share Capital
28
45
28
29
29
30

Cash Flow

Cash Flow
2019
2020
2021
2022
2023
2024
Net Cash Flow
-0
27
42
-19
-69
39
Investing Activities
1
-72
-271
-96
-348
-537
Operating Activities
58
112
143
168
207
213
Financing Activities
-59
-13
170
-91
72
364

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Promoter
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 %
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 %
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 %
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 %
Public / Retail
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 %
No of Share Holders
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

Dividend History

Dividends per share (FY)
Dividend yield (FY) %
Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 0.00 0.00 0.00 0.00 0.00 3 3.75 5.4 5.75 0.00
Dividend Yield (%) 0.00 0.00 0.00 0.00 0.00 0.28 0.49 0.73 0.81 0.00
Competitors LTP Market Cap (₹ Cr.) P/E Ratio Revenue (₹ Cr.) YoY Revenue Growth % Net Profit (₹ Cr.) YoY Profit Growth % RSI
4,091.10 14,80,195.78 30.52 2,45,315.00 7.17 46,099 12.14 46.23
1,897.05 7,87,706.23 28.52 1,58,381.00 5.96 26,248 11.60 52.24
1,712.85 4,64,810.13 27.56 1,11,408.00 8.36 15,710 5.58 37.61
317.10 3,31,937.38 26.71 92,391.10 -0.40 11,112 24.66 58.54
6,024.70 1,78,503.15 38.26 36,218.90 7.35 4,585 -7.06 54.85
1,661.00 1,62,561.72 43.36 52,912.40 -2.47 2,397 88.81 46.71
6,189.45 96,462.58 72.12 9,949.60 18.15 1,094 30.37 51.80
8,502.15 56,844.85 73.87 9,240.40 14.41 836 5.40 45.87
2,841.90 53,898.86 32.32 13,496.30 -3.32 1,555 14.51 47.08
6,384.50 39,764.80 49.04 852.70 - 102 29,700.00 49.88

Corporate Action

Technical Indicators

RSI(14)
Neutral
49.18
ATR(14)
Less Volatile
20.67
STOCH(9,6)
Neutral
57.26
STOCH RSI(14)
Overbought
92.29
MACD(12,26)
Bullish
1.71
ADX(14)
Weak Trend
16.36
UO(9)
Bearish
47.17
ROC(12)
Downtrend But Slowing Down
-1.23
WillR(14)
Neutral
-34.05