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Happiest Minds Technologies Ltd

Happiest Minds Technologies Ltd

HAPPSTMNDS Share Price

NSE
337.500.91% (-3.10)
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With a market cap of ₹5,070 cr, stock is ranked 755

Stock is 2.32x 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 ₹5,070 cr, stock is ranked 755

Stock is 2.32x as volatile as Nifty

HAPPSTMNDS Performance & Key Metrics

HAPPSTMNDS Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
27.343.221.78%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
23.356.183.14%

HAPPSTMNDS Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
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
19.06
19.06
1Y Return
28.99%
28.99%
Buy Reco %
67.44
67.44
PE Ratio
19.82
19.82
1Y Return
23.75%
23.75%
Buy Reco %
70.00
70.00
PE Ratio
21.11
21.11
1Y Return
14.43%
14.43%
Buy Reco %
48.65
48.65
PE Ratio
15.58
15.58
1Y Return
31.65%
31.65%
Buy Reco %
26.47
26.47
PE Ratio
30.69
30.69
1Y Return
11.42%
11.42%
Buy Reco %
64.86
64.86
Compare with Peers

HAPPSTMNDS Sentiment Analysis

HAPPSTMNDS Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

HAPPSTMNDS Stock Summary · February 2026

The recent earnings call highlighted a strategic pivot towards AI-driven growth, with management emphasizing the integration of AI into core workflows to enhance operational efficiency and customer engagement. Despite facing challenges in the hi-tech and edtech sectors, the company reported steady financial performance, including a 10.7% year-over-year growth, driven by strong demand in BFSI and healthcare. While concerns about declining share prices and significant debt persist, there is optimism surrounding long-term contracts and a robust deal pipeline that could stabilize revenue. The focus on disciplined operational strategies and investments in digital transformation positions the company for future growth, even as it navigates a selective demand environment.

HAPPSTMNDS Stock Growth Drivers
HAPPSTMNDS Stock Growth Drivers
8
  • AI-Driven Strategic Transformation

    The company has successfully implemented its 'AI First, Agile Always' strategy, which is supported by

  • Strong Financial Performance

    Happiest Minds Technologies reported a revenue of $65.7 million for the quarter, reflecting a sequential

HAPPSTMNDS Stock Challenges
HAPPSTMNDS Stock Challenges
4
  • Revenue Declines in Key Verticals

    The company has experienced significant revenue declines in the hi-tech and edtech verticals. The hi-tech

  • Concerns Over Stake Sale and Share Price

    There are concerns regarding the exploration of a stake sale amidst a significant drop in

HAPPSTMNDS Forecast

HAPPSTMNDS Forecasts

Price

Revenue

Earnings

HAPPSTMNDS

HAPPSTMNDS

Income

Balance Sheet

Cash Flow

HAPPSTMNDS Income Statement

HAPPSTMNDS Income Statement

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Quartersep 2023dec 2023mar 2024jun 2024sep 2024dec 2024mar 2025jun 2025sep 2025dec 2025
Total Revenue428.83435.24455.45489.26548.67553.77570.52579.93595.18603.28
Operating & Other expensessubtract324.01328.98334.28378.98429.84436.91472.85455.88474.92502.49
Depreciation/Amortizationsubtract14.5514.8114.6922.0423.1220.9922.5522.3622.1922.07
Interest & Other Itemssubtract11.1510.7210.3319.8327.9926.9324.7424.8225.4124.52
Taxes & Other Itemssubtract20.6621.1124.1717.3818.2018.8416.3819.7418.6413.90
EPS3.923.984.793.393.293.332.263.793.592.68

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 Ltd27.463.221.78%
Tata Consultancy Services Ltd19.069.664.93%
Infosys Ltd19.825.503.37%
HCL Technologies Ltd21.115.274.44%

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%7.56%2.07%5.89%40.27%

Mar 2025

Jun 2025

Sep 2025

Dec 2025

HAPPSTMNDS Shareholding History

HAPPSTMNDS Shareholding History

SepDec '24MarJunSepDec '255.33%5.34%5.04%5.33%5.39%5.89%

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)
5.7074%0.84%-0.12%46/81 (-5)
3.0582%2.93%-0.16%12/39 (-1)
0.1622%1.19%-0.16%26/31 (+1)

Compare 3-month MF holding change on Screener

HAPPSTMNDS Insider Trades & Bulk Stock Deals

HAPPSTMNDS Insider Trades & Bulk Stock Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases containing HAPPSTMNDS stock

smallcases containing HAPPSTMNDS stock

Looks like this stock is not in any smallcase yet.

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 1.78%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹17.76 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 1.78%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹17.76 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

Spotlight
Happiest Minds records over 25% sequential drop in Q3 PAT

In dollar terms, the revenue was higher by 1.0% while in constant currency terms, it rose by 1.2% sequentially. Operating margin improved by 3.6% to Rs 100.87 crore in Q3 FY26 from Rs 97.33 crore in Q2 FY26. Operating margin as percent of sales for Q3 FY26 was 17.4% as against 17.0% in Q2 FY26. Profit before tax in Q3 FY26 stood at Rs 54.21 crore, down by 25.4% from Rs 72.66 crore in Q2 FY26. The company added 11 clients during the quarter, taking to total count to 297 as on 31 December 2025. At the end of the December 2025 quarter, employee headcount stood at 6,548 and trailing 12-month attrition rate was 17.4%. Ashok Soota, chairman & chief mentor, said: 'With AI First. Agile Always., we have launched AI First as our 11th strategic transformation, supported by 11 strategic programs that together define how Happiest Minds will build, deliver, and scale value in an AI-driven world. We have already made considerable progress across several of these programs, and we expect this momentum to accelerate the growth of Happiest Minds. This is clearly visible in how AI is being operationalized across our company and for our clients. I would also like to take cognisance of a recent AI-related announcement that has created some turbulence in global markets for software companies. I want to assert that this development represents an opportunity, not a threat, for Happiest Minds and, we believe, for other IT services companies as well.' 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 scrip rose 0.51% to currently trade at Rs 397.75 on the BSE. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Earnings
Happiest Minds Technologies consolidated net profit declines 19.56% in the December 2025 quarter

Net profit of Happiest Minds Technologies declined 19.56% to Rs 40.30 crore in the quarter ended December 2025 as against Rs 50.10 crore during the previous quarter ended December 2024. Sales rose 10.69% to Rs 587.56 crore in the quarter ended December 2025 as against Rs 530.81 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales587.56530.81 11 OPM %18.2317.69 - PBDT98.3089.93 9 PBT76.2368.94 11 NP40.3050.10 -20 Powered by Capital Market - Live

3 weeks 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 9 February 2026.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Happiest Minds Technologies partners with IBSFINtech

Happiest Minds Technologies announced a strategic partnership with IBSFINtech, a leading provider of Treasury and Trade Finance Management solutions. Through this collaboration, Happiest Minds will act as a reseller of IBSFINtech's award-winning platform and serve as the System Integration (SI) partner for implementation and ongoing support. This partnership brings together Happiest Minds' deep expertise in AI, cloud, analytics, and enterprise integration with IBSFINtech's advanced, scalable platform built to streamline treasury operations, risk management, and trade finance for global enterprises.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Happiest Minds Technologies announces resignation of Rajiv Shah - Executive Director

Happiest Minds Technologies announced that Rajiv Indravadan Shah (DIN: 06752608) has resigned from the position of Executive Director of the Company effective from 31 December 2025. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Happiest Minds wins Runner-up for Excellence in People Analytics

Happiest Minds Technologies has been recognized as the Runner-up for Excellence in People Analytics at the SHRM Excellence Awards 2025. The recognition reflects the company's continued commitment to building a future-ready workplace shaped by data intelligence, transparency, and progressive people practices. The SHRM Excellence Awards celebrate organizations that show strong capability, innovation, and impact across the people function. This acknowledgment shows that Happiest Minds' People Practice continues to advance with discipline, clarity, and measurable outcomes. A major contributor to this achievement is the People One Dashboard, a real-time intelligence platform. Built to bring together insights across the employee journey, the dashboard gives leaders practical visibility that helps them plan better, respond faster, and stay aligned with long-term people and business goals.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Happiest Minds Technologies recognized among 2025 Avtar and Seramount Best Companies for Women in India in IT

Happiest Minds Technologies has been recognized among the 2025 Avtar and Seramount Best Companies for Women in India in IT for the third consecutive year. The company has also been named an 'Exemplar of Inclusion' in the 2025 Most Inclusive Companies Index, reflecting its sustained commitment to fostering a workplace that values diversity, prioritizes belongingness, and ensures equitable access to opportunity. Avtar and Seramount evaluate organizations that demonstrate sustained impact through inclusive practices and measurable progress toward equity. Happiest Minds obtained both distinctions from a competitive field across industries, reflecting the organization's ongoing investment in strengthening representation, building inclusive leadership, and championing a culture where every individual's voice carries weight and value.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Happiest Minds Technologies launches ELAIRA

Happiest Minds Technologies announced the launch of ELAIRA, an intelligent digital co-worker designed to transform enterprise support operations. ELAIRA, which stands for Empowered & Logical Agentic AI-assistance with Retrieval Augmentation, is fully integrated with ELLIPSE 2.0, the company's proactive operations intelligence platform. It is engineered to deliver faster resolutions, elevate user experience, strengthen compliance, and support long-term cost optimization across enterprise RUN environments. ELAIRA brings conversational self-service to Microsoft Teams with multilingual capability and uses advanced Agent Assist features to help L1 and L2 teams accelerate resolutions with greater accuracy. Its agentic RAG framework provides validated, citation-backed responses while orchestrating complex multi-step workflows leveraging Agentic AI. Designed specifically for regulated environments, ELAIRA adheres to pharma-grade standards including GxP, 21 CFR Part 11, EU Annex 11, and ALCOA+. Leaders gain real-time visibility into SLA performance, compliance posture, and value metrics through a unified dashboard experience. The platform delivers measurable benefits, including up to 40% Tier-1 ticket deflection, a 50% reduction in average handling time for L1 and L2 teams, a 20% improvement in First Contact Resolution, and a significant reduction in repeat incidents. These improvements collectively contribute to large-scale TCO savings over a three-year period. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Happiest Minds Technologies wins Gold at LACP 2025 Spotlight Awards

Happiest Minds Technologies announced that its Integrated Annual Report (IAR) for FY 2024-25 has received Gold awards in both the Integrated Report and ESG Report categories and with an overall Global ranking of #56 at the League of American Communications Professionals (LACP) 2025 Spotlight Awards. This is the fifth consecutive year that Happiest Minds has been recognized by LACP. Happiest Minds' IAR 2025 was recognized for its engaging storytelling, creative visual design, and seamless integration of business and ESG insights. Out of about 1,500 entries worldwide, the report scored an impressive 98 points out of 100, while earning full points for First Impression, Overall Narrative, Visual Design, Creativity, Clarity, and Relevance. Powered by Capital Market - Live

3 months agoCapital Market - Live
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

4 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 6th March 2026 is ₹337.50. 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: -6.82%
    • Past 1 month: -13.77%
    • Past 3 months: -33.13%
    • Past 6 months: -39.89%
    • Past 1 year: -51.48%
    • Past 3 years: -60.72%
    • Past 5 years: -37.67%

  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 1.78.

  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 ₹5070.30 Cr as of 6th March 2026.

  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 ₹714.30 and the 52-week low is ₹334.50.

  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 27.46. The P/B (price-to-book) ratio is 3.22.

  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.