| 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 | Jun 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 | 652 |
| 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 | 511 |
| 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 | 141 |
| 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 % | 19 % |
| 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 | 23 |
| 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 | 29 |
| 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 | 90 |
| 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 | 23 |
| 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 | 68 |
| 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 | 4.49 |
Happiest Minds Technologies
Happiest Minds Technologies
407.70
+1.55
(0.38%)
Market Cap
6,208.24 Cr
PE Ratio
27.74
Volume
9,59,591.00
Day High - Low
415.60 - 403.05
52W High-Low
635.00 - 330.20
Key Fundamentals
Market Cap
6,208.24 Cr
EPS
14.12
PE Ratio
27.74
PB Ratio
3.66
Book Value
110.98
EBITDA
488.40
Dividend Yield
1.55 %
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
Happiest Minds declares ₹3.65 dividend
Jul 28, 2026
Jul 28, 2026Happiest Minds Technologies shareholders approved a final dividend of ₹3.65 per share for FY26 at its 15th AGM held on July 28, 2026.
Happiest Minds Technologies Limited has uploaded the audio recording of its earnings call for the quarter ended June 30, 2026, on its website. The filing, dated July 28, 2026, complies with SEBI LODR Regulations 30 and 46(2)(oa).
Happiest Minds Q1 Results: Revenue Up QoQJul 27, 2026
Happiest Minds Q1 revenue rose to 6.29B rupees from 6.04B QoQ. EBITDA margin expanded to 18.71% from 17.15%, while net profit grew to 676M rupees from 612M.
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 |
|---|---|---|---|---|---|---|---|---|
2,452.70 | #1 8,87,408.33 | 17.13 | #1 2,71,423.00 | 4.68 | #1 49,454 | 4.69 | 62.80 | |
1,175.10 | 4,76,768.14 | 15.59 | 1,82,972.00 | 9.83 | 29,474 | 12.29 | 61.65 | |
1,356.60 | 3,68,135.81 | 20.87 | 1,31,674.00 | 10.15 | 16,652 | 20.34 | 67.91 | |
187.53 | 1,85,732.31 | #1 13.86 | 96,497.70 | 3.79 | 13,266 | 0.59 | 61.14 | |
1,635.00 | 1,60,239.48 | 31.04 | 56,847.30 | 5.58 | 4,806 | 31.67 | 65.08 | |
4,658.10 | 1,38,169.18 | 25.88 | 43,402.00 | 11.29 | 4,983 | 17.06 | 68.56 | |
5,475.00 | 86,368.13 | 45.26 | 14,928.90 | 23.62 | 1,865 | 13.67 | 61.69 | |
1,776.00 | 78,614.42 | 41.06 | 16,475.90 | #1 34.63 | 1,675 | #1 49.19 | 71.46 | |
2,475.00 | 47,241.10 | 24.19 | 16,205.50 | 11.88 | 1,863 | 10.82 | 59.51 | |
564.60 | 34,497.96 | 25.30 | 13,818.70 | 14.68 | 1,368 | -13.04 | 52.79 |
Automatic Screeners on ScanX
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 | Jun 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 % | 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 % | 6.00 % |
| 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 % | 5.66 % |
| 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 % | 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 % | 38.16 % |
| 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 % | 5.97 % |
| 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 | 6,40,983 |
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 | 1.53 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 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 |
| 17 Jul 2026 | Dividend | ₹ 3.65 /share | 17 Jul 2026 | 378.60 | 381.40 |
| 27 Jul 2026 | Quarterly Result Announcement | NA | 27 Jul 2026 | 384.05 | 372.55 |
| 28 Jul 2026 | Annual General Meeting | NA | 28 Jul 2026 | 378.60 | 387.65 |
Announcements
Transcript Of The 15Th Annual General Meeting Held On July 28 20264 days ago
4 days agoShareholder Meeting / Postal Ballot-Scrutinizers Report9 days ago
9 days agoAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript9 days ago
9 days agoCommunication To Shareholders - Financial Results For The Quarter Ended June 30 202610 days ago
10 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication10 days ago
10 days agoShareholder Meeting / Postal Ballot-Outcome of AGMJul 28, 2026
Jul 28, 2026Audio Recording Of Earnings Call For The Quarter Ended June 30 2026Jul 28, 2026
Jul 28, 2026Announcement under Regulation 30 (LODR)-Investor PresentationJul 27, 2026
Jul 27, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 27, 2026
Jul 27, 2026Board Meeting Outcome for The Approval Of Financial Results For The Quarter Ended June 30 2026Jul 27, 2026
Jul 27, 2026Financial Results For The Quarter Ended June 30 2026Jul 27, 2026
Jul 27, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 16, 2026
Jul 16, 2026Board Meeting Intimation for Approval Of Unaudited Financial Statements For The Quarter Ended June 30 2026Jul 16, 2026
Jul 16, 2026Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jul 16, 2026
Jul 16, 2026Clarification/Confirmation On News Item Appearing In Https://Www.Moneycontrol.Com/Jul 13, 2026
Jul 13, 2026Clarification sought from Happiest Minds Technologies LtdJul 13, 2026
Jul 13, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 06, 2026
Jul 06, 2026Announcement Under Regulation 30 Of The SEBI (LODR) Regulations 2015Jul 06, 2026
Jul 06, 2026Announcement 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, 2026Mutual Fund Holdings
Technical Indicators
RSI(14)
Neutral 66.77
ATR(14)
Less Volatile 15.61
STOCH(9,6)
Neutral 68.76
STOCH RSI(14)
Overbought 100.00
MACD(12,26)
Bullish 2.38
ADX(14)
Strong Trend 26.25
UO(9)
Bearish 46.11
ROC(12)
Uptrend And Accelerating 11.03
WillR(14)
Overbought -18.33
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, 10 Months, 23 Days)
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