| 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 |
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 |
| 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 |
| 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 |
| 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 % |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
Happiest Minds Technologies
Happiest Minds Technologies
388.95
-9.15
(-2.30%)
Market Cap
5,922.73 Cr
PE Ratio
32.79
Volume
24,94,639.00
Day High - Low
406.45 - 386.00
52W High-Low
674.85 - 330.20
Key Fundamentals
Market Cap
5,922.73 Cr
EPS
12.26
PE Ratio
32.79
PB Ratio
3.73
Book Value
106.94
EBITDA
455.80
Dividend Yield
1.48 %
Industry
Information Technology Return on Equity
11.73
Debt to Equity
0.57
Analyst Rating and Forecast
- By Refinitiv from6 analysts
Actual
Company News
View All News
Happiest Minds Technologies announces strategic partnership with UnifyApps to help enterprises transform into AI-Native organizations through unified platform and governance solutions.
Happiest Minds Technologies officially denies involvement in acquisition talks with EQT, Partners Group & ITC Info, stating no material information affecting share price exists.
EQT, Partners Group Eye Happiest Minds Stake9 days ago
Private equity firms EQT and Partners Group are reportedly exploring acquisition of a controlling stake in Happiest Minds Technologies, with ITC Infotech also involved in discussions.
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 |
|---|---|---|---|---|---|---|---|---|
2,389.80 | #1 8,64,650.56 | 17.94 | #1 2,59,286.00 | 5.70 | #1 48,797 | -13.85 | 30.46 | |
1,269.70 | 5,14,815.66 | 18.53 | 1,66,590.00 | 5.18 | 26,750 | -2.29 | 40.25 | |
1,364.40 | 3,70,252.47 | 22.77 | 1,19,540.00 | 7.30 | 17,399 | -11.14 | 43.82 | |
191.60 | 2,00,925.53 | #1 14.87 | 92,911.80 | 0.79 | 13,218 | -6.59 | 35.96 | |
1,391.60 | 1,36,338.02 | 30.08 | 53,843.70 | 1.76 | 4,253 | 13.13 | 46.72 | |
4,200.70 | 1,24,546.24 | 26.94 | 38,997.80 | 7.67 | 4,602 | -11.70 | 35.80 | |
4,899.80 | 77,294.35 | 44.89 | 12,076.90 | 21.38 | 1,400 | #1 17.83 | 47.79 | |
2,117.00 | 40,341.10 | 22.62 | 14,485.00 | 7.33 | 1,702 | 3.37 | 36.78 | |
1,144.70 | 38,352.24 | 28.18 | 12,215.40 | #1 34.91 | 964 | 15.94 | 40.01 | |
443.00 | 27,068.01 | 19.70 | 12,049.30 | 15.83 | 1,174 | -9.07 | 38.59 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
26.44 %
Net Income Growth
-25.64 %
Cash Flow Change
11.23 %
ROE
-30.10 %
ROCE
-26.44 %
EBITDA Margin (Avg.)
-14.41 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 414 | 508 | 922 | 1,125 | 1,641 | 2,248 | 3,359 |
| Fixed Assets | 61 | 38 | 128 | 158 | 432 | 413 | 1,211 |
| Current Assets | 334 | 445 | 745 | 927 | 1,073 | 1,778 | 2,001 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 3 | 0 | 0 |
| Investments | 98 | 83 | 392 | 472 | 13 | 0 | 350 |
| Other Assets | 254 | 387 | 402 | 495 | 1,194 | 1,835 | 1,797 |
| Total Equity & Liabilities | 414 | 508 | 922 | 1,125 | 1,641 | 2,248 | 3,359 |
| Current Liabilities | 432 | 212 | 279 | 367 | 576 | 567 | 1,208 |
| Non Current Liabilities | 48 | 31 | 97 | 92 | 226 | 201 | 577 |
| Total Equity | -66 | 265 | 546 | 666 | 839 | 1,480 | 1,575 |
| Reserve & Surplus | -94 | 220 | 518 | 637 | 810 | 1,450 | 1,545 |
| Share Capital | 28 | 45 | 28 | 29 | 29 | 30 | 30 |
Cash Flow
| Cash Flow | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -0 | 27 | 42 | -19 | -69 | 39 | 4 |
| Investing Activities | 1 | -72 | -271 | -96 | -348 | -537 | -732 |
| Operating Activities | 58 | 112 | 144 | 168 | 207 | 213 | 236 |
| Financing Activities | -59 | -13 | 169 | -91 | 72 | 364 | 500 |
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 |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 |
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 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.28 | 0.49 | 0.73 | 0.96 | 1.54 | 0.00 |
Announcements
Announcement under Regulation 30 (LODR)-Press Release / Media Release
3 days ago
3 days agoClosure of Trading Window6 days ago
6 days agoClarification On News Item Appearing In Media/Publication9 days ago
9 days agoClarification sought from Happiest Minds Technologies Ltd9 days ago
9 days agoAnnouncement 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, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJan 30, 2026
Jan 30, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 28, 2026
Jan 28, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 28, 2026
Jan 28, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJan 27, 2026
Jan 27, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJan 20, 2026
Jan 20, 2026Announcement Under Regulation 30 (LODR)-UpdateJan 05, 2026
Jan 05, 2026Announcement Under Regulation 30 (LODR)-Updates On AcquisitionJan 05, 2026
Jan 05, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 05, 2026
Jan 05, 2026Announcement under Regulation 30 (LODR)-Credit RatingDec 23, 2025
Dec 23, 2025Closure of Trading WindowDec 22, 2025
Dec 22, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorDec 16, 2025
Dec 16, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseDec 10, 2025
Dec 10, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseDec 03, 2025
Dec 03, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 27, 2025
Nov 27, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 26, 2025
Nov 26, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 14, 2025
Nov 14, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 04, 2025
Nov 04, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 31, 2025
Oct 31, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 31, 2025
Oct 31, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 31, 2025
Oct 31, 2025Communication To Shareholders - Financial Results For The Quarter And Half Year Ended September 30 2025Oct 30, 2025
Oct 30, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 30, 2025
Oct 30, 2025Communication To Shareholders - Intimation On Tax Deduction On DividendOct 29, 2025
Oct 29, 2025Audio Recording Of Earnings Call For The Quarter Ended September 30 2025Oct 29, 2025
Oct 29, 2025Intimation Of Record Date For Interim DividendOct 28, 2025
Oct 28, 2025Announcement under Regulation 30 (LODR)-Investor PresentationOct 28, 2025
Oct 28, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 28, 2025
Oct 28, 2025Board Meeting Outcome for For Approval Of Financial Results For The Quarter Ended September 30 2025Oct 28, 2025
Oct 28, 2025Financial Results For The Quarter Ended September 30 2025Oct 28, 2025
Oct 28, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 22, 2025
Oct 22, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationOct 17, 2025
Oct 17, 2025Mutual Fund Holdings
Technical Indicators
RSI(14)
Neutral 50.87
ATR(14)
Less Volatile 21.98
STOCH(9,6)
Neutral 46.86
STOCH RSI(14)
Neutral 75.16
MACD(12,26)
Bullish 3.30
ADX(14)
Weak Trend 21.12
UO(9)
Bearish 46.84
ROC(12)
Downtrend And Accelerating -2.87
WillR(14)
Neutral -52.66
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,
41 days)
Chairperson NameAshok Soota
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