NRI

Happiest Minds Technologies Ltd

Sector IT - Software
BSE 543227
NSE HAPPSTMNDS
678.50
-14.55 (-2.10 %)
Buy
B
Sell
S
NSE BSE

Overview

Day Low

670.25

Day High

692.70

52 Week Low

654.85

52 Week High

956.00

All Time Low

307.00

All Time High

1,580.00

Open

683.00

Close

693.05

Volume

216,779

Mkt cap (Cr)

10,331.86

P/E ratio

49.40

P/B ratio

0.14%

Div yield

0.81%

6M return

-9.70%

1Y return

-17.99%

1D 1W 1M 3M 6M 1Yr 3Yr 5Yr 10Yr Max
Price PE Ratio
 

We appreciate your patience. Your content is on the way.

SWOT Analysis

  • S
  • W
  • O
  • T

Technical Analysis

Moving Averages

EMA SMA
 

We appreciate your patience. Your content is on the way.

678.50 -2.10%

Current Price

  • Bullish Moving Averages
  • Bearish Moving Averages

Resistance and support

 

We appreciate your patience. Your content is on the way.

Company Financials

  • Profit and loss statement
  • Balance sheet
  • Quarterly Result
  • Ratio
 

We appreciate your patience. Your content is on the way.

Quick Results Snapshot

 

We appreciate your patience. Your content is on the way.

Shareholding Pattern

Summary

 

We appreciate your patience. Your content is on the way.

 

We appreciate your patience. Your content is on the way.

Historical Promoter Summary

 

We appreciate your patience. Your content is on the way.

Promoter Holding(%)

Historical FII Holdings

 

We appreciate your patience. Your content is on the way.

FII Holding(%)

Historical MF Holdings

 

We appreciate your patience. Your content is on the way.

MF Holding(%)

Stocks Comparison
Table Chart

 

We appreciate your patience. Your content is on the way.

Corporate Action

  • Announcement
  • Board Meeting
  • Dividend
  • Split
  • Rights
  • Events

Insider & Institutional Activity

  • Bulk Block Deals
  • Insider Trading & SAST
 

We appreciate your patience. Your content is on the way.

About Happiest Minds Technologies Ltd

Stock PE (TTM)

49.4

Promoter Holding

44.22%

Book Value

100.1449

ROCE

21.87%

ROE

21.42%

Happiest Minds Technologies Ltd. is amongst the largest Indian information technology companies associated with digital transformation and Information Technology consulting services. Happiest Minds is headquartered in Bengaluru, Karnataka, India, and was incorporated in 2011 by Ashok Soota, a stalwart of the IT industry in India. The company has acquired much respect due to the keenness that it has shown towards emerging technologies and hence able to offer end-to-end digital solutions. With the tagline "Born Digital. Born Agile," Happiest Minds emphasizes its expertise in leveraging digital tools and agile methodologies to drive business transformation for its clients.

Ashok Soota, previously co-founded Mindtree and played a lead role in Wipro. His vision was to create an organization that would help leverage digital technologies to transform businesses, and he happened to realize this dream within no time. Further, through astute leadership, Happiest Minds set out to carve a distinct identity for itself amongst companies operating in the intensely competitive IT service space. Also, Happiest Minds quickly fastened on to the most contemporary technologies in artificial intelligence, blockchain, cloud computing, and the Internet of Things. Over the years, it has grown its client base to industries as wide as auto, consumer packaged goods, education, e-commerce, banking, travel & hospitality, retail, and manufacturing.

 Company Products & Services
Happiest Minds offers a wide range of digital transformation services, categorized into three main service lines:

  • Digital Business Services (DBS):

This service line focuses on helping businesses transform their digital presence. It includes digital transformation consulting, digital process automation, and enhancing digital customer experiences. The aim is to streamline business processes and improve customer interactions using advanced digital tools.

  • Product Engineering Services (PES):

Happiest Minds provides end-to-end product engineering services, encompassing the whole lifecycle of products—from conceptualization and design to development and deployment. This would include developing innovative software products to suit clients business process requirements and specific domains.

  • Infrastructure Management & Security Services (IMSS):

This line of service ensures the presentation of an IT infrastructure that is safe, effective, and extendable for clients. Using integrated security services and agile infrastructure services, Happiest Minds aims to help companies ensure that their IT resources are managed effectively and proper measures for protection are put in place.

Current Financial Information
Happiest Minds has had strong financial performance over the past few years. Revenue experienced by the firm came to be around INR 1,658 crores for the fiscal year ended 2023; this represents increasing by 13.7% as compared to the previous year. Net profit margins were at 21.4 % ​.

Profit & Loss Statement
As of March 2024:

  • Net Sales: ₹375.24 Cr
  • Profit Before Tax: ₹73.91 Cr
  • Net Profit: ₹53.93 Cr
  • Earnings Per Share (EPS): ₹16.14


Balance Sheet
As of March 2024, Happiest Minds balance sheet is robust:

  • Total Assets: ₹2,247 Cr
  • Total Liabilities: ₹ 2,247 Cr
  • Equity Capital: ₹29.87 Cr
  • Reserves: ₹1,448.74 Cr
  • Borrowings: ₹533.45 Cr


Quarterly/Yearly Results
For March 2024 quarterly results, Happiest Minds reported:

  • Revenue: ₹471.29 Cr
  • Operating Income: ₹68.33 Cr
  • Net Income: ₹71.98 Cr


Financial Ratios

  • Price to Earnings (P/E) Ratio: 51.42
  • Price to Book (P/B) Ratio: 8.36
  • Market Capitalization: $1.5 billion​

 

These financial metrics indicate a company that is performing well in terms of profitability and maintaining a strong balance sheet, albeit with a relatively high P/E ratio suggesting that the stock might be overvalued based on current earnings.

Happiest Minds Technologies share price as on 17 Feb 2025 is Rs. 678.5. Over the past 6 months, the Happiest Minds Technologies share price has decreased by 9.7% and in the last one year, it has decreased by 17.99%. The 52-week low for Happiest Minds Technologies share price was Rs. 654.85 and 52-week high was Rs. 956.

Read More
Registered Office  
Registrars  
Management  
Listing Info  

543227

HAPPSTMNDS

INE419U01012

Jul

Happiest Minds Technologies Ltd FAQs

You can buy Happiest Minds Technologies Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Happiest Minds Technologies Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Feb 17, 2025 01:39 PM the closing price of Happiest Minds Technologies Ltd was Rs.678.50.

The latest PE ratio of Happiest Minds Technologies Ltd as of Feb 17, 2025 01:39 PM is 49.40

The latest PB ratio of Happiest Minds Technologies Ltd as of Feb 17, 2025 01:39 PM is 0.14

The 52-week high of Happiest Minds Technologies Ltd share price is Rs. 956.00 while the 52-week low is Rs. 654.85

Market capitalization or market cap is determined by multiplying the current market price of a companys shares with the total number of shares outstanding. As of Feb 17, 2025 01:39 PM, the market cap of Happiest Minds Technologies Ltd stood at Rs. 10,331.86 Cr.

Market Outlook

View all
 

We appreciate your patience. Your content is on the way.