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Happiest Minds Technologies Ltd

HAPPSTMNDS Share Price

604.600.95% (+5.70)

HAPPSTMNDS Share Price Chart

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Information TechnologyIT Services & Consulting
SmallcapWith a market cap of ₹9,071 cr, stock is ranked 552
Low RiskStock is 1.93x 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

Information TechnologyIT Services & Consulting
SmallcapWith a market cap of ₹9,071 cr, stock is ranked 552
Low RiskStock is 1.93x as volatile as Nifty

HAPPSTMNDS Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
49.136.130.99%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
29.198.132.50%

HAPPSTMNDS Analyst Ratings & Forecast

Detailed Forecast 
71%
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 
PE Ratio
26.54
1Y Return
8.71%
Buy Reco %
72.73
PE Ratio
24.67
1Y Return
9.40%
Buy Reco %
67.44
PE Ratio
25.84
1Y Return
23.12%
Buy Reco %
53.85
PE Ratio
20.22
1Y Return
9.51%
Buy Reco %
29.03
PE Ratio
37.24
1Y Return
23.63%
Buy Reco %
63.89
Compare with Peers
HAPPSTMNDS Sentiment Analysis
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Crisp summary & key insights to decode earnings calls instantly

HAPPSTMNDS Stock Summary · November 2024

Happiest Minds demonstrated robust financial performance with a year-over-year revenue growth of 28.2% and a quarter-over-quarter increase of 12.7%, despite facing challenges such as a decline in EBITDA margin due to wage increases and strategic investments in generative AI. The introduction of cash EPS metrics reflects a commitment to transparency and effective cash management, even as normal EPS faced pressures from noncash charges. Customer engagement remains strong, highlighted by a high Net Promoter Score and an increase in high-value clients, while the company strategically focuses on expanding its consulting-led business and enhancing operational efficiencies. Looking ahead, management expresses optimism for sustained growth driven by new technologies and a robust sales pipeline, despite ongoing margin management challenges.

Key Points on Happstmnds Stock
HAPPSTMNDS Stock Growth Drivers
8
  • Strong Financial Performance

    Happiest Minds Technologies Limited reported impressive financial results, including a revenue of $62.4 million, reflecting

  • Successful Integration of Acquisitions

    The company is effectively leveraging synergies from recent acquisitions, including PureSoftware and Aureus, to enhance

HAPPSTMNDS Stock Challenges
5
  • Declining Profitability and Margins

    Happiest Minds reported a decrease in EBITDA margin from 23.9% to 21.7% in the current

  • Earnings Per Share (EPS) Decline

    The normal diluted EPS decreased from ₹3.39 in the previous quarter to ₹3.29, and the

HAPPSTMNDS Forecasts

Price

Revenue

Earnings

HAPPSTMNDS

Income

Balance Sheet

Cash Flow

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 23.46%, vs industry avg of 11.49%

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 0.13% to 0.22%

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 77.22%, vs industry avg of 9.27%

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Financial YearFY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue601.81714.23797.651,130.751,451.881,726.092,162.222,162.22
Raw Materialssubtract0.000.000.000.000.000.001,718.581,718.58
Power & Fuel Costsubtract3.914.491.842.044.415.67
Employee Costsubtract385.05441.23452.38620.00806.811,014.69
Selling & Administrative Expensessubtract59.2164.3734.0651.2387.21109.73
Operating & Other expensessubtract99.94102.2894.12168.80179.82160.76
Depreciation/Amortizationsubtract24.7820.2322.7432.8841.9158.2988.7088.70
Interest & Other Itemssubtract15.948.026.499.9521.8642.2799.4899.49
Taxes & Other Itemssubtract-1.231.9023.5664.6578.8786.2970.8070.80
EPS4.7619.4517.5012.7416.1616.9812.2612.36
DPS0.000.003.003.755.405.756.005.75
Payout ratio0.000.000.170.290.330.340.490.47

HAPPSTMNDS Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 5PDF
Jan 28PDF
Oct 27PDF
Jul 28PDF
FY 2023

Annual report

PDF

Investor Presentation

May 8PDF
Jan 19PDF
Nov 1PDF
+2 more
FY 2024

Annual report

PDF

Investor Presentation

Aug 8PDF
 

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 Ltd49.136.130.99%
Tata Consultancy Services Ltd26.5413.453.48%
Infosys Ltd24.676.852.70%
HCL Technologies Ltd25.846.593.62%

HAPPSTMNDS Stock Price Comparison

Compare HAPPSTMNDS with any stock or ETF
Compare HAPPSTMNDS with any stock or ETF
HAPPSTMNDS
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HAPPSTMNDS Shareholdings

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

Decreased 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 decreased by 1.50%

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

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding44.21%8.37%2.21%5.04%40.16%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

HAPPSTMNDS Shareholding History

Dec '23MarJunSepDec '24Mar5.05%4.69%5.30%5.33%5.34%5.04%

Mutual Funds Invested in HAPPSTMNDS

Increased Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has increased by 4.70%

Top 5 Mutual Funds holding Happiest Minds Technologies Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
4.4545%1.26%-0.06%54/74 (-3)
2.9987%3.86%-0.82%8/47 (-4)
0.1536%1.87%-0.53%25/27 (-4)

Compare 3-month MF holding change on Screener

HAPPSTMNDS Insider Trades & Bulk Stock Deals

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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 1.00%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹9.97 every year

Dividends

Corp. Actions

Announcements

Legal Orders

HAPPSTMNDS Upcoming Dividends

No upcoming dividends are available

HAPPSTMNDS Past Dividends

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

Cash Dividend

Ex DateEx DateJul 7, 2023

Final
Final | Div/Share: ₹3.40

Dividend/Share

3.40

Ex DateEx Date

Jul 7, 2023

Cash Dividend

Ex DateEx DateNov 2, 2022

Interim
Interim | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Nov 2, 2022

HAPPSTMNDS Stock News & Opinions

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

3 days 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

3 days agoCapital Market - Live
Corporate
Board of Happiest Minds Technologies recommends final dividend

Happiest Minds Technologies announced that the Board of Directors of the Company at its meeting held on 12 May 2025, inter alia, have recommended the final dividend of Rs 3.5 per equity Share (i.e. 175%) , subject to the approval of the shareholders.Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Happiest Minds Technologies fixes record date for final dividend

Happiest Minds Technologies has fixed 18 July 2025 as record date for payment of final dividend for FY24-25. Powered by Capital Market - Live

3 days agoCapital Market - Live
Earnings
Happiest Minds Technologies consolidated net profit declines 52.76% in the March 2025 quarter

Net profit of Happiest Minds Technologies declined 52.76% to Rs 34.00 crore in the quarter ended March 2025 as against Rs 71.98 crore during the previous quarter ended March 2024. Sales rose 30.50% to Rs 544.57 crore in the quarter ended March 2025 as against Rs 417.29 crore during the previous quarter ended March 2024. For the full year,net profit declined 25.66% to Rs 184.66 crore in the year ended March 2025 as against Rs 248.39 crore during the previous year ended March 2024. Sales rose 26.85% to Rs 2060.84 crore in the year ended March 2025 as against Rs 1624.66 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales544.57417.29 31 2060.841624.66 27 OPM %15.4019.89 -17.2020.67 - PBDT85.0997.89 -13 356.32378.95 -6 PBT62.5483.20 -25 267.62320.66 -17 NP34.0071.98 -53 184.66248.39 -26 Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Happiest Minds Technologies to declare Quarterly Results

Happiest Minds Technologies will hold a meeting of the Board of Directors of the Company on 12 May 2025.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Happiest Minds Technologies launches Gen-AI investor solution - Investment Companion

Happiest Minds Technologies announced the launch of Investment Companion, a generative AI investor solution, in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. Happiest Minds customers can now use the productive and trusted Azure cloud platform with streamlined deployment and management. Investment Companion is a comprehensive investor relations knowledge management system that extracts, processes and prioritizes content from multiple sources. It provides interactive, multimedia-rich responses via a chat interface with integrated feedback, enhancing the accessibility and usability of critical information.  Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Happiest Minds Technologies announces apex-level organizational changes

Happiest Minds Technologies today announced apex-level changes in the organization structure of Happiest Minds with immediate effect: Joseph Anantharaju who was Executive Vice Chairman, President & CEO of PDES Division will now become Co-Chairman & CEO of Happiest Minds. Joseph will become responsible for all the business divisions of Happiest Minds: Product & Digital Engineering Services (PDES), Infrastructure Management & Security Services (IMSS) and GenAI Business Services (GBS). The Analytics CoE and People Practice will also report to Joseph. Venkatraman Narayanan is MD & CFO and the following Corporate functions will report to him: Finance, Talent Acquisition, Internal IT, Learning & Development, ESG, CSR, Procurement and Administration. M&A and Board matters will be Joseph and Venkat's joint responsibility. Both Joseph and Venkat will report independently to Ashok Soota who becomes Chairman & Chief Mentor. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Happiest Minds Technologies features in NEAT Report in Transforming Core Banking Services

Happiest Minds Technologies announced being positioned as 'Innovators and Major Players' in the NelsonHall Vendor Evaluation and Assessment Tool (NEAT) Report in Transforming Core Banking Services. NelsonHall, the leading global analyst firm, helps organizations understand the 'art of the possible' in digital operations transformation. They provide organizations with critical, detailed information on vendors and markets that help them make well-informed decisions. NelsonHall's research offers a comprehensive evaluation of Happiest Minds' Transforming Core Banking Services. According to NelsonHall, Happiest Minds' core banking services revenue is projected to expand by 15% annually over the next three years. Powered by Capital Market - Live

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

Happiest Minds Technologies Ltd lost 1.5% today to trade at Rs 711.4. The BSE Information Technology index is down 0.21% to quote at 38647.77. The index is down 9.52 % over last one month. Among the other constituents of the index, LTIMindtree Ltd decreased 1.1% and Tata Consultancy Services Ltd lost 0.77% on the day. The BSE Information Technology index went up 1.12 % over last one year compared to the 2.38% surge in benchmark SENSEX. Happiest Minds Technologies Ltd has added 0.58% over last one month compared to 9.52% fall in BSE Information Technology index and 2.19% drop in the SENSEX. On the BSE, 16282 shares were traded in the counter so far compared with average daily volumes of 65315 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 655 on 11 Feb 2025.Powered by Capital Market - Live

2 months agoCapital Market - Live

Frequently asked questions

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

    The share price of HAPPSTMNDS as on 16th May 2025 is ₹604.60. 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: 5.74%
    • Past 1 month: 3.76%
    • Past 3 months: -12.76%
    • Past 6 months: -16.43%
    • Past 1 year: -25.83%
    • Past 3 years: -34.54%
    • Past 5 years: 62.99%

  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 0.99.

  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 ₹9071.83 Cr as of 16th May 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 ₹956 and the 52-week low is ₹519.30.

  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 49.13. The P/B (price-to-book) ratio is 6.13.

  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.