| Quarterly Financials | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | 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 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
Revenue  | 168 | 181 | 176 | 190 | 187 | 188 | 201 | 224 | 254 | 274 | 292 | 311 | 330 | 359 | 375 | 386 | 405 | 429 | 435 | 456 | 489 | 549 | 554 | 571 | 580 | 595 | 603 | 625 |
| Expenses | 142 | 147 | 148 | 176 | 139 | 139 | 142 | 165 | 194 | 204 | 216 | 229 | 242 | 265 | 284 | 286 | 302 | 324 | 329 | 334 | 379 | 430 | 437 | 473 | 456 | 475 | 503 | 501 |
| EBITDA | 26 | 34 | 28 | 14 | 48 | 49 | 60 | 59 | 60 | 70 | 76 | 82 | 88 | 94 | 91 | 101 | 103 | 105 | 106 | 121 | 110 | 119 | 117 | 98 | 124 | 120 | 101 | 125 |
| Operating Profit % | 14 % | 16 % | 14 % | 6 % | 21 % | 24 % | 27 % | 25 % | 21 % | 23 % | 24 % | 24 % | 26 % | 25 % | 23 % | 24 % | 23 % | 20 % | 20 % | 20 % | 18 % | 18 % | 18 % | 13 % | 17 % | 17 % | 14 % | 17 % |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 7 | 7 | 8 | 9 | 9 | 9 | 10 | 10 | 13 | 14 | 15 | 15 | 15 | 22 | 23 | 21 | 23 | 22 | 22 | 22 | 22 |
| Interest | 3 | 2 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 5 | 6 | 9 | 10 | 11 | 11 | 10 | 20 | 28 | 27 | 25 | 25 | 25 | 25 | 23 |
| Profit Before Tax | 18 | 27 | 21 | 7 | 41 | 43 | 53 | 49 | 51 | 59 | 65 | 70 | 76 | 80 | 75 | 79 | 79 | 79 | 81 | 96 | 68 | 68 | 69 | 50 | 77 | 73 | 54 | 81 |
| Tax | 0 | 0 | 0 | 2 | -9 | 9 | 11 | 13 | 16 | 15 | 17 | 18 | 19 | 21 | 18 | 21 | 20 | 21 | 21 | 24 | 17 | 18 | 19 | 16 | 20 | 19 | 14 | 19 |
| Net Profit | 18 | 27 | 21 | 5 | 50 | 34 | 42 | 36 | 36 | 44 | 49 | 52 | 56 | 59 | 58 | 58 | 58 | 59 | 60 | 72 | 51 | 50 | 50 | 34 | 57 | 54 | 40 | 61 |
| EPS in ₹ | 6.08 | 2.01 | 1.60 | 0.49 | 3.73 | 2.51 | 2.98 | 2.55 | 2.51 | 3.12 | 3.44 | 3.68 | 3.96 | 4.15 | 4.02 | 4.01 | 4.04 | 3.92 | 3.98 | 4.79 | 3.39 | 3.29 | 3.33 | 2.26 | 3.79 | 3.59 | 2.68 | 4.06 |
Happiest Minds Technologies
Happiest Minds Technologies
384.15
-8.65
(-2.20%)
Market Cap
5,849.64 Cr
PE Ratio
28.16
Volume
14,47,365.00
Day High - Low
395.75 - 383.20
52W High-Low
646.10 - 330.20
Key Fundamentals
Market Cap
5,849.64 Cr
EPS
14.12
PE Ratio
28.16
PB Ratio
3.54
Book Value
110.98
EBITDA
488.40
Dividend Yield
0.00 %
Industry
Information Technology Return on Equity
12.58
Debt to Equity
0.84
Analyst Rating and Forecast
- By Refinitiv from6 analysts
Actual
Company News
View All News
Ashok Soota In Advanced Talks To Sell Happiest Minds Stake2 days ago
Promoter Ashok Soota is in advanced talks to sell his stake in Happiest Minds Technologies. The promoter currently holds a 44% stake in the company.
Happiest Minds Technologies Ltd communicated to shareholders regarding tax deduction at source on dividends under the Income Tax Act, 2025.
Happiest Minds files BRSR for FY 2025-26
Jul 03, 2026
Jul 03, 2026Happiest Minds Technologies filed its Business Responsibility and Sustainability Report for FY 2025-26. The report details ESG initiatives, including carbon neutrality targets and employee diversity metrics.
View more
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
2,189.20 | #1 7,92,071.72 | 15.91 | #1 2,71,423.00 | 4.68 | #1 49,454 | 4.69 | 54.73 | |
1,076.30 | 4,36,682.45 | 15.03 | 1,82,972.00 | 9.83 | 29,474 | 20.90 | 47.91 | |
1,168.00 | 3,16,956.08 | 18.16 | 1,30,144.00 | 8.87 | 16,997 | 20.34 | 53.23 | |
174.65 | 1,83,444.50 | #1 13.23 | 96,497.70 | 3.79 | 13,266 | -1.85 | 41.62 | |
1,498.70 | 1,46,881.29 | 30.26 | 56,847.30 | 5.58 | 4,806 | 18.78 | 57.91 | |
4,050.60 | 1,20,149.43 | 23.17 | 43,402.00 | 11.29 | 4,983 | 17.06 | 57.08 | |
5,075.80 | 80,070.75 | 43.38 | 14,928.90 | 23.62 | 1,865 | 33.73 | 56.70 | |
1,533.20 | 53,435.43 | 38.91 | 16,402.70 | #1 34.28 | 1,501 | #1 116.79 | 59.41 | |
2,339.20 | 44,649.04 | 24.31 | 16,205.50 | 11.88 | 1,863 | 14.13 | 54.35 | |
564.40 | 34,485.74 | 24.53 | 13,818.70 | 14.68 | 1,368 | 7.49 | 63.44 |
Growth Rate
Revenue Growth
11.00 %
Net Income Growth
15.11 %
Cash Flow Change
10.57 %
ROE
7.25 %
ROCE
4.00 %
EBITDA Margin (Avg.)
-3.46 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| Total Assets | 414 | 508 | 922 | 1,125 | 1,641 | 2,248 | 3,359 | 3,625 |
| Fixed Assets | 61 | 38 | 128 | 158 | 432 | 413 | 1,211 | 1,172 |
| Current Assets | 334 | 445 | 745 | 927 | 1,073 | 1,778 | 2,001 | 2,076 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 2 |
| Investments | 98 | 83 | 392 | 472 | 13 | 0 | 350 | 504 |
| Other Assets | 254 | 387 | 402 | 495 | 1,194 | 1,835 | 1,797 | 1,948 |
| Total Equity & Liabilities | 414 | 508 | 922 | 1,125 | 1,641 | 2,248 | 3,359 | 3,625 |
| Current Liabilities | 432 | 212 | 279 | 365 | 576 | 567 | 1,208 | 1,402 |
| Non Current Liabilities | 48 | 31 | 97 | 95 | 226 | 201 | 577 | 534 |
| Total Equity | -66 | 265 | 546 | 666 | 839 | 1,480 | 1,575 | 1,690 |
| Reserve & Surplus | -94 | 220 | 518 | 637 | 810 | 1,450 | 1,545 | 1,659 |
| Share Capital | 28 | 45 | 28 | 29 | 29 | 30 | 30 | 30 |
Cash Flow
| Cash Flow | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| Net Cash Flow | -0 | 27 | 42 | -19 | -69 | 39 | 4 | 1 |
| Investing Activities | 1 | -72 | -271 | -96 | -348 | -537 | -732 | -117 |
| Operating Activities | 58 | 112 | 144 | 168 | 207 | 213 | 236 | 261 |
| Financing Activities | -59 | -13 | 169 | -91 | 72 | 364 | 500 | -144 |
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 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
| 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 % | 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 / 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 % | 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 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 | 6,87,788 | 6,79,128 | 6,64,262 | 6,50,749 | 6,42,274 |
Dividend History
| Annual Cash Flows | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 3 | 3.75 | 5.4 | 5.75 | 6 | 6.25 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.28 | 0.49 | 0.73 | 0.96 | 1.66 | 1.59 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 28 Jul 2026 |  Annual General Meeting | NA | 28 Jul 2026 | 378.60 | 392.80 |
| 17 Jul 2026 |  Dividend | ₹ 3.65 /share | 17 Jul 2026 | 378.60 | 392.80 |
| 20 May 2020 |  Change Of Name | NA | 20 May 2020 | 0.00 | 0.00 |
| 01 Jul 2021 | Dividend | ₹ 3.00 /share | 29 Jun 2021 | 841.95 | 1,006.80 |
| 10 Nov 2021 | Dividend | ₹ 1.75 /share | 09 Nov 2021 | 1,300.35 | 1,341.50 |
| 24 Jun 2022 | Dividend | ₹ 2.00 /share | 23 Jun 2022 | 983.30 | 848.75 |
| 03 Nov 2022 | Dividend | ₹ 2.00 /share | 02 Nov 2022 | 987.00 | 984.40 |
| 07 Jul 2023 | Dividend | ₹ 3.40 /share | 07 Jul 2023 | 870.90 | 985.25 |
| 30 Oct 2023 | Dividend | ₹ 2.50 /share | 30 Oct 2023 | 857.60 | 832.00 |
| 14 Jun 2024 | Dividend | ₹ 3.25 /share | 14 Jun 2024 | 807.65 | 894.20 |
| 28 Jun 2024 | Annual General Meeting | NA | 28 Jun 2024 | 807.65 | 815.90 |
| 13 Nov 2024 |  Quarterly Result Announcement | NA | 13 Nov 2024 | 796.25 | 757.05 |
| 27 Nov 2024 | Dividend | ₹ 2.50 /share | 27 Nov 2024 | 757.05 | 726.95 |
| 04 Feb 2025 | Quarterly Result Announcement | NA | 04 Feb 2025 | 720.95 | 714.80 |
| 12 May 2025 | Quarterly Result Announcement | NA | 12 May 2025 | 571.85 | 577.50 |
| 18 Jul 2025 | Dividend | ₹ 3.50 /share | 18 Jul 2025 | 609.40 | 635.15 |
| 29 Jul 2025 | Annual General Meeting | NA | 29 Jul 2025 | 609.40 | 601.25 |
| 29 Jul 2025 | Quarterly Result Announcement | NA | 29 Jul 2025 | 626.95 | 601.25 |
| 28 Oct 2025 | Quarterly Result Announcement | NA | 28 Oct 2025 | 500.60 | 516.15 |
| 04 Nov 2025 | Dividend | ₹ 2.75 /share | 04 Nov 2025 | 516.15 | 512.10 |
| 09 Feb 2026 | Quarterly Result Announcement | NA | 09 Feb 2026 | 403.20 | 387.10 |
| 28 May 2026 | Quarterly Result Announcement | NA | 28 May 2026 | 358.35 | 378.60 |
Announcements
Clarification/Confirmation On News Item Appearing In Https://Www.Moneycontrol.Com/2 days ago
2 days agoClarification sought from Happiest Minds Technologies Ltd2 days ago
2 days agoCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 20189 days ago
9 days agoAnnouncement Under Regulation 30 Of The SEBI (LODR) Regulations 20159 days ago
9 days agoAnnouncement under Regulation 30 (LODR)-Newspaper PublicationJul 04, 2026
Jul 04, 2026Business Responsibility and Sustainability Reporting (BRSR)Jul 03, 2026
Jul 03, 2026Communication To Shareholders - Intimation On Tax Deduction On DividendJul 03, 2026
Jul 03, 2026Reg. 34 (1) Annual Report.Jul 03, 2026
Jul 03, 2026Notice Of The 15Th Annual General Meeting (AGM)Jul 03, 2026
Jul 03, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 30, 2026
Jun 30, 2026Closure of Trading WindowJun 22, 2026
Jun 22, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJun 11, 2026
Jun 11, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 08, 2026
Jun 08, 2026Receipt Of CTC Of Final Order By Honble NCLT Bengaluru BenchJun 05, 2026
Jun 05, 2026Communication To Shareholders - Financial Results For The Quarter And Financial Year Ended March 31 2026Jun 02, 2026
Jun 02, 2026Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJun 02, 2026
Jun 02, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 30, 2026
May 30, 2026Audio Recording Of Earnings Call For The Quarter Ended March 31 2026May 29, 2026
May 29, 2026Announcement under Regulation 30 (LODR)-Investor PresentationMay 28, 2026
May 28, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 28, 2026
May 28, 2026Intimation Of Record Date For Final DividendMay 28, 2026
May 28, 2026Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 28, 2026
May 28, 2026Board Meeting Outcome for Approval Of Financial Results For The Quarter And Year Ended March 31 2026May 28, 2026
May 28, 2026Financial Results For The Quarter And Financial Year Ended March 31 2026May 28, 2026
May 28, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 25, 2026
May 25, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 19, 2026
May 19, 2026Board Meeting Intimation for Approval Of Financial Results For The Quarter And Financial Year Ended March 31 2026May 19, 2026
May 19, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 18, 2026
May 18, 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011May 09, 2026
May 09, 2026Disclosure Pursuant To Regulation 29(2) Of SEBI (SAST) Regulations 2011May 08, 2026
May 08, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 07, 2026
Apr 07, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMar 26, 2026
Mar 26, 2026Closure of Trading WindowMar 23, 2026
Mar 23, 2026Clarification On News Item Appearing In Media/PublicationMar 20, 2026
Mar 20, 2026Clarification sought from Happiest Minds Technologies LtdMar 20, 2026
Mar 20, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationMar 13, 2026
Mar 13, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMar 10, 2026
Mar 10, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 23, 2026
Feb 23, 2026Receipt Of Certified True Copy Of First Motion Order By Honble NCLT Bengaluru BenchFeb 20, 2026
Feb 20, 2026Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 13, 2026
Feb 13, 2026Communication To Shareholders - Financial Results For The Quarter And Nine Months Ended December 31 2025Feb 11, 2026
Feb 11, 2026Communication To Shareholders - Financial Results For The Quarter And Nine Months Ended December 31 2025Feb 11, 2026
Feb 11, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 11, 2026
Feb 11, 2026Audio Recording Of Earnings Call For The Quarter Ended December 31 2025Feb 10, 2026
Feb 10, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 09, 2026
Feb 09, 2026Announcement under Regulation 30 (LODR)-Investor PresentationFeb 09, 2026
Feb 09, 2026Board Meeting Outcome for Board Meeting Outcome For Approval Of Financial Results For The Quarter Ended December 31 2025Feb 09, 2026
Feb 09, 2026Financial Results For The Quarter Ended December 31 2025Feb 09, 2026
Feb 09, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 03, 2026
Feb 03, 2026Board Meeting Intimation for Approval Of Unaudited Financial Statements For The Quarter And Nine Months Ended As On December 31 2025Jan 30, 2026
Jan 30, 2026Mutual Fund Holdings
Technical Indicators
RSI(14)
Neutral 64.72
ATR(14)
Volatile 16.32
STOCH(9,6)
Neutral 67.47
STOCH RSI(14)
Overbought 92.24
MACD(12,26)
Bullish 7.03
ADX(14)
Weak Trend 23.32
UO(9)
Bearish 49.65
ROC(12)
Uptrend And Accelerating 14.70
WillR(14)
Neutral -31.92
About Happiest Minds Technologies
Happiest Minds Technologies Limited is an Indian IT company specializing in digital transformation consulting and services. The company offers solutions in cloud computing, social media, mobility, business intelligence, analytics, unified communications, and Internet of Things. It operates in three main segments: Infrastructure Management & Security Services, Product and Digital Engineering...more
Listing Date
17 Sept, 2020(5 Years, 9 Months, 28 Days)
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