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Happiest Minds Technologies Ltd

HAPPSTMNDS Share Price

509.801.11% (+5.60)
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With a market cap of ₹7,573 cr, stock is ranked 648

Stock is 2.42x as volatile as Nifty

HAPPSTMNDS Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

With a market cap of ₹7,573 cr, stock is ranked 648

Stock is 2.42x as volatile as Nifty

HAPPSTMNDS Performance & Key Metrics

HAPPSTMNDS Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
38.794.811.19%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
27.347.232.66%

HAPPSTMNDS Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
86%
Analysts have suggested that investors can buy this stock

from 7 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

HAPPSTMNDS Company Profile

Happiest Minds Technologies is a digital transformation IT consulting & services company focused on big data, analytics cloud, mobility and security services.

HAPPSTMNDS Similar Stocks (Peers)

Compare with peers Compare with peers 

HAPPSTMNDS Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
22.71
22.71
1Y Return
27.43%
27.43%
Buy Reco %
74.42
74.42
PE Ratio
23.75
23.75
1Y Return
17.73%
17.73%
Buy Reco %
70.45
70.45
PE Ratio
24.43
24.43
1Y Return
15.92%
15.92%
Buy Reco %
60.00
60.00
PE Ratio
19.27
19.27
1Y Return
15.71%
15.71%
Buy Reco %
31.43
31.43
PE Ratio
36.81
36.81
1Y Return
4.42%
4.42%
Buy Reco %
59.46
59.46
Compare with Peers

HAPPSTMNDS Sentiment Analysis

HAPPSTMNDS Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

HAPPSTMNDS Stock Summary · November 2025

Happiest Minds Technologies demonstrated robust financial performance in the first half of FY '26, achieving an 11.8% revenue growth and maintaining EBITDA margins at 20.8%, driven by strategic transformations and a strong focus on AI integration. Despite facing challenges in the BFSI and Infrastructure sectors due to contract delays, management remains optimistic about a strong Q3, bolstered by a healthy pipeline and anticipated closures of delayed deals. The establishment of a generative AI business unit has unlocked significant sales potential, while operational efficiencies have led to improved utilization rates. As the company expands its EduTech offerings and enhances client engagement, it aims to sustain double-digit growth and navigate rising SG&A costs effectively. Overall, the commitment to strategic investments and long-term client relationships positions Happiest Minds for continued success in a dynamic market landscape.

HAPPSTMNDS Stock Growth Drivers
HAPPSTMNDS Stock Growth Drivers
7
  • Strong Financial Performance

    Happiest Minds Technologies Limited reported strong financial results for H1 FY '26, achieving revenues of

  • Successful Strategic Initiatives

    The establishment of a generative AI business unit and a focused effort on expanding Net

HAPPSTMNDS Stock Challenges
HAPPSTMNDS Stock Challenges
3
  • Decline in Key Business Verticals

    The company has experienced a decline in the Infrastructure and Security Services and Financial Services

  • Temporary Decline in BFSI Sector Performance

    The Banking, Financial Services, and Insurance (BFSI) sector has seen a temporary decline in performance

HAPPSTMNDS Forecast

HAPPSTMNDS Forecasts

Price

Revenue

Earnings

HAPPSTMNDS

HAPPSTMNDS

Income

Balance Sheet

Cash Flow

HAPPSTMNDS Income Statement

HAPPSTMNDS Income Statement

Industry refers to the sub-sector this company belongs to.
Higher than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 24.83%, vs industry avg of 10.99%

Increasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.14% to 0.26%

Higher than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 20.83%, vs industry avg of 9.1%

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Financial YearFY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue601.81714.23797.651,130.751,451.881,726.092,164.572,299.40
Raw Materialssubtract0.000.000.000.000.000.000.001,840.56
Power & Fuel Costsubtract3.914.491.842.044.415.675.14
Employee Costsubtract385.05441.23452.38620.00806.811,014.691,365.34
Selling & Administrative Expensessubtract59.2164.3734.6251.2387.21109.73155.11
Operating & Other expensessubtract99.94102.2893.08168.80179.82160.76195.34
Depreciation/Amortizationsubtract24.7820.2322.7432.8841.9158.2988.7088.09
Interest & Other Itemssubtract15.948.026.979.9521.8642.2799.48101.90
Taxes & Other Itemssubtract-1.231.9023.5664.6578.8786.2970.8073.60
EPS4.7619.4517.5012.7416.1616.9812.3413.01
DPS0.000.003.003.755.405.756.006.00
Payout ratio0.000.000.170.290.330.340.490.46

HAPPSTMNDS Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2025FY 2025

Annual report

PDF
FY 2024FY 2024

Annual report

PDF

Investor Presentation

Aug 8PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

May 8PDF
Jan 19PDF
Nov 1PDF
+2 more
FY 2022FY 2022

Annual report

PDF

Investor Presentation

May 5PDF
Jan 28PDF
Oct 27PDF
Jul 28PDF
FY 2021FY 2021

Annual report

PDF
 

HAPPSTMNDS Stock Peers

HAPPSTMNDS Past Performance & Peer Comparison

HAPPSTMNDS Past Performance & Peer Comparison

Comparing 3 stocks from 
Information TechnologyIT Services & Consulting

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Happiest Minds Technologies Ltd41.014.811.19%
Tata Consultancy Services Ltd22.7111.514.14%
Infosys Ltd23.756.592.81%
HCL Technologies Ltd24.436.103.83%

HAPPSTMNDS Stock Price Comparison

Compare HAPPSTMNDS with any stock or ETF
Compare HAPPSTMNDS with any stock or ETF
HAPPSTMNDS
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HAPPSTMNDS Holdings

HAPPSTMNDS Shareholdings

HAPPSTMNDS Promoter Holdings Trend

HAPPSTMNDS Promoter Holdings Trend

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

HAPPSTMNDS Institutional Holdings Trend

HAPPSTMNDS Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

HAPPSTMNDS Shareholding Pattern

HAPPSTMNDS Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding44.21%7.90%2.30%5.39%40.20%

Dec 2024

Mar 2025

Jun 2025

Sep 2025

HAPPSTMNDS Shareholding History

HAPPSTMNDS Shareholding History

JunSepDec '24MarJunSep5.30%5.33%5.34%5.04%5.33%5.39%

Mutual Funds Invested in HAPPSTMNDS

Mutual Funds Invested in HAPPSTMNDS

No mutual funds holding trends are available

Top 5 Mutual Funds holding Happiest Minds Technologies Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
4.7651%0.98%-0.22%42/70 (-6)
2.7532%3.19%-0.69%16/43 (-5)
0.1556%1.37%-0.29%27/29 (-2)

Compare 3-month MF holding change on Screener

HAPPSTMNDS Insider Trades & Bulk Stock Deals

HAPPSTMNDS Insider Trades & Bulk Stock Deals

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smallcases containing HAPPSTMNDS stock

smallcases containing HAPPSTMNDS stock

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HAPPSTMNDS Events

HAPPSTMNDS Events

HAPPSTMNDS Dividend Trend

Increasing Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

HAPPSTMNDS has increased dividends consistently over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.19%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.89 every year

Dividends

Corp. Actions

Announcements

Legal Orders

HAPPSTMNDS Dividend Trend

Increasing Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

HAPPSTMNDS has increased dividends consistently over the last 5 years

Dividend Yield
Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 1.19%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹11.89 every year

HAPPSTMNDS Upcoming Dividends

HAPPSTMNDS Upcoming Dividends

No upcoming dividends are available

HAPPSTMNDS Past Dividends

HAPPSTMNDS Past Dividends

Cash Dividend

Ex DateEx DateNov 4, 2025

Interim
Interim | Div/Share: ₹2.75

Dividend/Share

2.75

Ex DateEx Date

Nov 4, 2025

Cash Dividend

Ex DateEx DateJul 18, 2025

Final
Final | Div/Share: ₹3.50

Dividend/Share

3.50

Ex DateEx Date

Jul 18, 2025

Cash Dividend

Ex DateEx DateNov 27, 2024

Interim
Interim | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Nov 27, 2024

Cash Dividend

Ex DateEx DateJun 14, 2024

Final
Final | Div/Share: ₹3.25

Dividend/Share

3.25

Ex DateEx Date

Jun 14, 2024

Cash Dividend

Ex DateEx DateOct 30, 2023

Interim
Interim | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Oct 30, 2023

HAPPSTMNDS Stock News & Opinions

HAPPSTMNDS Stock News & Opinions

Earnings
Happiest Minds Technologies consolidated net profit rises 9.09% in the September 2025 quarter

Net profit of Happiest Minds Technologies rose 9.09% to Rs 54.02 crore in the quarter ended September 2025 as against Rs 49.52 crore during the previous quarter ended September 2024. Sales rose 9.96% to Rs 573.57 crore in the quarter ended September 2025 as against Rs 521.64 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales573.57521.64 10 OPM %17.2017.60 - PBDT94.8590.84 4 PBT72.6667.72 7 NP54.0249.52 9 Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Board of Happiest Minds Technologies recommends interim dividend

Happiest Minds Technologies announced that the Board of Directors of the Company at its meeting held on 28 October 2025, inter alia, have recommended the interim dividend of Rs 2.75 per equity Share (i.e. 137.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Happiest Minds Technologies schedules board meeting

Happiest Minds Technologies will hold a meeting of the Board of Directors of the Company on 28 October 2025.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Happiest Minds deploys its Agentic AI solution with IDP at MUA Insurance Acceptances, South Africa

Happiest Minds Technologies announced the successful deployment of its Agentic AI solution with Intelligent Document Processing (IDP) at MUA Insurance Acceptances Pty Ltd, South Africa. The implementation has transformed MUA's high-volume claims and policy email operations by automating the intake and routing of messages and attachments like PDFs, scanned forms, and images received in shared Outlook inboxes. Using GenAI-based classification and smart workflow orchestration, each email is automatically sent to the right claims adjudicator or underwriter based on expertise, workload, and availability. MUA now records 99.5% accuracy in email and document classification, while reducing token processing costs compared to traditional GenAI models. The system has improved adjudication speed, lowered manual effort, and helped the team focus on higher-value work, all while maintaining security and compliance. Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Happiest Minds Technologies consolidated net profit rises 11.95% in the June 2025 quarter

Net profit of Happiest Minds Technologies rose 11.95% to Rs 57.13 crore in the quarter ended June 2025 as against Rs 51.03 crore during the previous quarter ended June 2024. Sales rose 18.56% to Rs 549.90 crore in the quarter ended June 2025 as against Rs 463.82 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales549.90463.82 19 OPM %17.1018.29 - PBDT99.2390.45 10 PBT76.8768.41 12 NP57.1351.03 12 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Happiest Minds Technologies to convene board meeting

Happiest Minds Technologies will hold a meeting of the Board of Directors of the Company on 29 July 2025.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Happiest Minds Technologies appoints Anand Balakrishnan as CFO

Happiest Minds Technologies has appointed Anand Balakrishnan as its Chief Financial Officer (CFO). In his role as CFO, Anand will be reporting to Venkatraman Narayanan, Managing Director of the Company. Anand brings rich leadership experience from his previous roles and joins us from Mindteck, a publicly listed IT service company. During his six-year tenure with them, he played a pivotal role in improving financial discipline and operational efficiency and successfully turning the organization back to profitability by guiding the business towards stability and sustainable growth. Anand is a member of Institute of Chartered Accountants of India, Institute of Cost Accountants of India, Certified Public Accountant - American Institute of Certified Public Accountants and holds a graduate degree in commerce from the Bangalore University. Powered by Capital Market - Live

5 months agoCapital Market - Live
Spotlight
Happiest Minds appoints Anand Balakrishnan as chief financial officer

The appointment was approved by the board of directors following recommendations from the Audit Committee and the Nomination, Remuneration and Board Governance Committee. Anand Balakrishnan is an associate member of both the Institute of Chartered Accountants of India and the Institute of Cost Accountants of India. He holds a bachelor's degree in commerce from Bangalore University and has also passed the CPA examination conducted by the American Institute of Certified Public Accountants. With over 20 years of experience in financial management, accounting, and strategic leadership, Anand has held senior positions at several prominent organizations, including PwC, KPMG, Marsh McLennan (formerly JLT), GE Healthcare, and Mindteck. Most recently, he served as CEO at Mindteck, a publicly listed IT services company, where he was instrumental in driving financial discipline, enhancing operational efficiency, and steering the company back to profitability and stable growth during his six-year tenure. Meanwhile, Venkatraman Narayanan continues as managing director and ceases to hold his position as CFO. Anand Balakrishnan will be reporting to the managing director. Venkatraman Narayanan ceases to act as the Chief Financial Officer of the Company, effective from 12 June 2025. Venkatraman Narayanan, managing director, Happiest Minds, said, 'We're delighted to welcome Anand to Happiest Minds. He brings a strong blend of financial acumen and strategic thinking that aligns perfectly with our vision for the future. I look forward to working closely with him as we continue driving innovation, delivering value to our stakeholders, and building a sustainable and growth-focused organization.' Happiest Minds Technologies and IT Solutions Company enables digital transformation for enterprises and technology providers by delivering seamless customer experiences, business efficiency, and actionable insights. The IT company's consolidated net profit fell 32.13% to Rs 34 crore in Q4 FY25 as against Rs 50.10 crore recorded in Q3 FY25. Revenue from operations increased 2.59% QoQ to Rs 544.57 crore in Q4 FY25. The counter shed 0.76% to settle at Rs 614.45 on the BSE. Powered by Capital Market - Live

5 months agoCapital Market - Live
Corporate
Happiest Minds Technologies to conduct AGM

Happiest Minds Technologies announced that the Annual General Meeting(AGM) of the company will be held on 29 July 2025.Powered by Capital Market - Live

6 months agoCapital Market - Live
Spotlight
Happiest Minds Technologies Ltd Falls 1.5%

Happiest Minds Technologies Ltd lost 1.5% today to trade at Rs 600.25. The BSE Information Technology index is down 0.53% to quote at 37327.48. The index is up 15.57 % over last one month. Among the other constituents of the index, Infosys Ltd decreased 1.3% and Wipro Ltd lost 1.26% on the day. The BSE Information Technology index went up 10.48 % over last one year compared to the 13.3% surge in benchmark SENSEX. Happiest Minds Technologies Ltd has added 7.09% over last one month compared to 15.57% gain in BSE Information Technology index and 9.71% rise in the SENSEX. On the BSE, 3230 shares were traded in the counter so far compared with average daily volumes of 37723 shares in the past one month. The stock hit a record high of Rs 955 on 21 Jun 2024. The stock hit a 52-week low of Rs 525.05 on 07 Apr 2025.Powered by Capital Market - Live

6 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Happiest Minds Technologies Ltd (HAPPSTMNDS) today?

    The share price of HAPPSTMNDS as on 12th November 2025 is ₹509.80. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Happiest Minds Technologies Ltd (HAPPSTMNDS) share?

    The past returns of Happiest Minds Technologies Ltd (HAPPSTMNDS) share are
    • Past 1 week: -0.89%
    • Past 1 month: 0.84%
    • Past 3 months: -12.56%
    • Past 6 months: -17.30%
    • Past 1 year: -33.89%
    • Past 3 years: -49.18%
    • Past 5 years: 59.78%

  3. What are the peers or stocks similar to Happiest Minds Technologies Ltd (HAPPSTMNDS)?

    The peers or stocks similar to Happiest Minds Technologies Ltd (HAPPSTMNDS) include:

  4. What is the dividend yield % of Happiest Minds Technologies Ltd (HAPPSTMNDS) share?

    The current dividend yield of Happiest Minds Technologies Ltd (HAPPSTMNDS) is 1.19.

  5. What is the market cap of Happiest Minds Technologies Ltd (HAPPSTMNDS) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Happiest Minds Technologies Ltd (HAPPSTMNDS) is ₹7573.44 Cr as of 12th November 2025.

  6. What is the 52 week high and low of Happiest Minds Technologies Ltd (HAPPSTMNDS) share?

    The 52-week high of Happiest Minds Technologies Ltd (HAPPSTMNDS) is ₹787.65 and the 52-week low is ₹486.60.

  7. What is the PE and PB ratio of Happiest Minds Technologies Ltd (HAPPSTMNDS) stock?

    The P/E (price-to-earnings) ratio of Happiest Minds Technologies Ltd (HAPPSTMNDS) is 41.01. The P/B (price-to-book) ratio is 4.81.

  8. Which sector does Happiest Minds Technologies Ltd (HAPPSTMNDS) belong to?

    Happiest Minds Technologies Ltd (HAPPSTMNDS) belongs to the Information Technology sector & IT Services & Consulting sub-sector.

  9. How to buy Happiest Minds Technologies Ltd (HAPPSTMNDS) shares?

    You can directly buy Happiest Minds Technologies Ltd (HAPPSTMNDS) shares on Tickertape. Simply sign up, connect your demat account and place your order.