Share Price and Basic Stock Data
Last Updated: December 12, 2025, 5:37 pm
| PEG Ratio | -11.71 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Happiest Minds Technologies Ltd, operating in the IT consulting and software sector, has shown a consistent revenue growth trajectory over the past several years. For the fiscal year ending March 2025, the company reported sales of ₹1,481 Cr, a significant increase from ₹1,333 Cr in the previous year. This upward trend is evident in the quarterly performance as well, with sales increasing from ₹308 Cr in June 2022 to ₹370 Cr in September 2023. The company appears to be capitalizing on the growing demand for digital transformation services, which is a positive indicator for its business model. However, the operating profit margin (OPM) has faced some pressure, declining from 25% in June 2022 to 19% by September 2023. This reduction might raise concerns about cost management as the company scales, especially in a competitive IT market.
Profitability and Efficiency Metrics
When examining profitability, Happiest Minds recorded a net profit of ₹169 Cr for the fiscal year 2025, down from ₹246 Cr in the previous year. This decline is striking, particularly given the revenue growth, and it highlights potential inefficiencies or increased operational costs. The net profit margin also fell from 16.56% in FY 2024 to 8.96% in FY 2025, suggesting that while revenue is increasing, the cost structure needs to be addressed. The interest coverage ratio, which stood at a healthy 4.58x, indicates that the company is comfortably managing its interest obligations. However, with the rising borrowings, which reached ₹1,244 Cr, there’s a need to monitor the overall debt levels closely. The cash conversion cycle, now at 65 days, shows room for improvement in managing working capital, which could further enhance profitability if optimized.
Balance Sheet Strength and Financial Ratios
The balance sheet of Happiest Minds presents a mixed picture. With total assets reported at ₹3,054 Cr and total liabilities at ₹3,054 Cr, the company appears to be in a balanced position. However, the rise in borrowings from ₹512 Cr in March 2024 to ₹1,175 Cr in March 2025 raises some red flags regarding financial leverage. The debt-to-equity ratio of 0.73x suggests a moderate level of debt, but as borrowings increase, it could become a concern for investors. On a positive note, the return on equity (ROE) stood at 12.3%, which is reasonable, but it is essential to consider that this is lower than many of its peers in the IT sector. The company’s reserves have also grown to ₹1,529 Cr, indicating a solid foundation for future investments or potential downturns.
Shareholding Pattern and Investor Confidence
The shareholding structure of Happiest Minds reflects a diverse investor base, with promoters holding 44.21% and public shareholders at 38.83%. This distribution suggests a reasonable level of investor confidence, although the promoter holding has decreased from 53.24% in December 2022, which could indicate a dilution of confidence from the founding team. Foreign Institutional Investors (FIIs) have also increased their stake slightly to 5.39%, while Domestic Institutional Investors (DIIs) have seen a significant rise to 10.20%. This shift might be interpreted as a positive signal, indicating that institutional investors are recognizing potential value in the company. However, the declining promoter stake could raise questions about long-term commitment and strategic direction.
Outlook, Risks, and Final Insight
Looking ahead, Happiest Minds Technologies faces both opportunities and challenges. The robust demand for IT services and digital transformation can provide a significant tailwind, but the company must address its declining profit margins and rising operational costs to sustain profitability. Increased debt levels pose a risk, especially if interest rates rise or if market conditions worsen. Additionally, the competitive landscape in the IT sector can put pressure on margins and market share. Investors should consider these dynamics carefully. While the stock may offer potential upside given the growing sector, the risks associated with profitability and financial leverage necessitate a cautious approach. For retail investors, a thorough analysis of the company’s strategic initiatives and cost management efforts will be crucial in assessing whether to maintain or adjust their positions in Happiest Minds Technologies.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Visesh Infotecnics Ltd | 125 Cr. | 0.33 | / | 1.11 | 0.00 % | 2.21 % | 2.23 % | 1.00 | |
| Mudunuru Ltd | 49.2 Cr. | 15.6 | 15.6/4.43 | 0.20 | 0.00 % | 27.0 % | 90.7 % | 2.00 | |
| Naapbooks Ltd | 151 Cr. | 140 | 194/99.8 | 23.1 | 36.4 | 0.00 % | 23.6 % | 17.1 % | 10.0 |
| IB Infotech Enterprises Ltd | 25.6 Cr. | 200 | 310/140 | 18.3 | 26.7 | 0.50 % | 38.5 % | 35.4 % | 10.0 |
| Hit Kit Global Solutions Ltd | 5.29 Cr. | 1.08 | 1.73/0.91 | 2.47 | 0.00 % | 2.14 % | 2.15 % | 2.00 | |
| Industry Average | 20,498.75 Cr | 558.08 | 86.57 | 123.78 | 0.54% | 14.89% | 20.93% | 6.84 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 308 | 338 | 345 | 342 | 357 | 370 | 371 | 375 | 372 | 375 | 373 | 361 | 402 |
| Expenses | 229 | 254 | 266 | 262 | 276 | 298 | 302 | 308 | 312 | 315 | 322 | 335 | 343 |
| Operating Profit | 78 | 83 | 79 | 80 | 81 | 72 | 68 | 68 | 60 | 60 | 51 | 26 | 59 |
| OPM % | 25% | 25% | 23% | 23% | 23% | 19% | 18% | 18% | 16% | 16% | 14% | 7% | 15% |
| Other Income | 1 | 4 | 8 | 9 | 14 | 22 | 51 | 26 | 26 | 26 | 22 | 70 | 29 |
| Interest | 2 | 5 | 6 | 9 | 10 | 11 | 11 | 10 | 18 | 25 | 24 | 25 | 23 |
| Depreciation | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 10 | 9 | 9 |
| Profit before tax | 70 | 76 | 73 | 73 | 78 | 74 | 99 | 74 | 60 | 52 | 39 | 62 | 55 |
| Tax % | 25% | 27% | 22% | 29% | 26% | 26% | 20% | 27% | 27% | 27% | 27% | 7% | 26% |
| Net Profit | 53 | 55 | 57 | 51 | 57 | 55 | 80 | 54 | 44 | 38 | 29 | 58 | 41 |
| EPS in Rs | 3.58 | 3.77 | 3.90 | 3.49 | 3.91 | 3.58 | 5.24 | 3.54 | 2.88 | 2.51 | 1.88 | 3.79 | 2.66 |
Last Updated: August 1, 2025, 8:25 pm
Below is a detailed analysis of the quarterly data for Happiest Minds Technologies Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 402.00 Cr.. The value appears strong and on an upward trend. It has increased from 361.00 Cr. (Mar 2025) to 402.00 Cr., marking an increase of 41.00 Cr..
- For Expenses, as of Jun 2025, the value is 343.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 335.00 Cr. (Mar 2025) to 343.00 Cr., marking an increase of 8.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 59.00 Cr.. The value appears strong and on an upward trend. It has increased from 26.00 Cr. (Mar 2025) to 59.00 Cr., marking an increase of 33.00 Cr..
- For OPM %, as of Jun 2025, the value is 15.00%. The value appears strong and on an upward trend. It has increased from 7.00% (Mar 2025) to 15.00%, marking an increase of 8.00%.
- For Other Income, as of Jun 2025, the value is 29.00 Cr.. The value appears to be declining and may need further review. It has decreased from 70.00 Cr. (Mar 2025) to 29.00 Cr., marking a decrease of 41.00 Cr..
- For Interest, as of Jun 2025, the value is 23.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 25.00 Cr. (Mar 2025) to 23.00 Cr., marking a decrease of 2.00 Cr..
- For Depreciation, as of Jun 2025, the value is 9.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 9.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 55.00 Cr.. The value appears to be declining and may need further review. It has decreased from 62.00 Cr. (Mar 2025) to 55.00 Cr., marking a decrease of 7.00 Cr..
- For Tax %, as of Jun 2025, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 7.00% (Mar 2025) to 26.00%, marking an increase of 19.00%.
- For Net Profit, as of Jun 2025, the value is 41.00 Cr.. The value appears to be declining and may need further review. It has decreased from 58.00 Cr. (Mar 2025) to 41.00 Cr., marking a decrease of 17.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 2.66. The value appears to be declining and may need further review. It has decreased from 3.79 (Mar 2025) to 2.66, marking a decrease of 1.13.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 5:14 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 171 | 270 | 341 | 431 | 444 | 590 | 698 | 761 | 1,034 | 1,333 | 1,473 | 1,481 | 1,511 |
| Expenses | 239 | 296 | 339 | 430 | 461 | 531 | 599 | 571 | 788 | 1,012 | 1,184 | 1,283 | 1,315 |
| Operating Profit | -69 | -27 | 2 | 1 | -17 | 59 | 99 | 190 | 246 | 321 | 289 | 198 | 197 |
| OPM % | -40% | -10% | 1% | 0% | -4% | 10% | 14% | 25% | 24% | 24% | 20% | 13% | 13% |
| Other Income | 7 | 7 | 10 | 15 | 17 | -19 | 5 | 23 | 38 | 22 | 113 | 144 | 147 |
| Interest | 1 | 1 | 1 | 2 | 6 | 16 | 8 | 7 | 8 | 22 | 42 | 92 | 97 |
| Depreciation | 4 | 5 | 5 | 6 | 7 | 20 | 20 | 21 | 24 | 30 | 34 | 37 | 38 |
| Profit before tax | -66 | -26 | 5 | 7 | -13 | 4 | 75 | 186 | 251 | 292 | 325 | 213 | 208 |
| Tax % | -0% | -0% | -0% | 43% | -0% | -0% | 3% | 13% | 26% | 26% | 24% | 21% | |
| Net Profit | -66 | -26 | 5 | 4 | -13 | 4 | 73 | 162 | 186 | 216 | 246 | 169 | 165 |
| EPS in Rs | -23.35 | -8.93 | 1.51 | 1.17 | -3.52 | 1.11 | 14.87 | 11.03 | 12.70 | 14.73 | 16.14 | 11.07 | 10.84 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | 26% | 29% | 36% | 35% | 53% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 60.61% | 119.23% | -20.00% | -425.00% | 130.77% | 1725.00% | 121.92% | 14.81% | 16.13% | 13.89% | -31.30% |
| Change in YoY Net Profit Growth (%) | 0.00% | 58.62% | -139.23% | -405.00% | 555.77% | 1594.23% | -1603.08% | -107.10% | 1.31% | -2.24% | -45.19% |
Happiest Minds Technologies Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 16% |
| 3 Years: | 13% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 17% |
| 3 Years: | 0% |
| TTM: | -19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -18% |
| 1 Year: | -29% |
| Return on Equity | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 23% |
| 3 Years: | 19% |
| Last Year: | 12% |
Last Updated: September 5, 2025, 5:45 am
Balance Sheet
Last Updated: December 10, 2025, 2:46 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 7 | 7 | 7 | 6 | 9 | 28 | 29 | 29 | 30 | 30 | 30 |
| Reserves | 63 | 79 | 84 | 156 | 143 | -96 | 220 | 518 | 641 | 797 | 1,444 | 1,522 | 1,529 |
| Borrowings | 37 | 48 | 71 | 95 | 138 | 406 | 150 | 193 | 250 | 543 | 512 | 1,175 | 1,244 |
| Other Liabilities | 35 | 49 | 51 | 54 | 71 | 95 | 129 | 168 | 163 | 208 | 222 | 327 | 269 |
| Total Liabilities | 140 | 182 | 213 | 311 | 360 | 412 | 508 | 907 | 1,083 | 1,576 | 2,208 | 3,054 | 3,072 |
| Fixed Assets | 8 | 7 | 8 | 11 | 44 | 61 | 38 | 29 | 63 | 199 | 203 | 206 | 304 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 |
| Investments | 51 | 68 | 70 | 155 | 161 | 98 | 83 | 489 | 524 | 197 | 197 | 1,275 | 1,266 |
| Other Assets | 82 | 107 | 135 | 145 | 155 | 252 | 387 | 389 | 495 | 1,178 | 1,807 | 1,573 | 1,502 |
| Total Assets | 140 | 182 | 213 | 311 | 360 | 412 | 508 | 907 | 1,083 | 1,576 | 2,208 | 3,054 | 3,072 |
Below is a detailed analysis of the balance sheet data for Happiest Minds Technologies Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 30.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 30.00 Cr..
- For Reserves, as of Sep 2025, the value is 1,529.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,522.00 Cr. (Mar 2025) to 1,529.00 Cr., marking an increase of 7.00 Cr..
- For Borrowings, as of Sep 2025, the value is 1,244.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 1,175.00 Cr. (Mar 2025) to 1,244.00 Cr., marking an increase of 69.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 269.00 Cr.. The value appears to be improving (decreasing). It has decreased from 327.00 Cr. (Mar 2025) to 269.00 Cr., marking a decrease of 58.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 3,072.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,054.00 Cr. (Mar 2025) to 3,072.00 Cr., marking an increase of 18.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 304.00 Cr.. The value appears strong and on an upward trend. It has increased from 206.00 Cr. (Mar 2025) to 304.00 Cr., marking an increase of 98.00 Cr..
- For CWIP, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Investments, as of Sep 2025, the value is 1,266.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,275.00 Cr. (Mar 2025) to 1,266.00 Cr., marking a decrease of 9.00 Cr..
- For Other Assets, as of Sep 2025, the value is 1,502.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,573.00 Cr. (Mar 2025) to 1,502.00 Cr., marking a decrease of 71.00 Cr..
- For Total Assets, as of Sep 2025, the value is 3,072.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,054.00 Cr. (Mar 2025) to 3,072.00 Cr., marking an increase of 18.00 Cr..
Notably, the Reserves (1,529.00 Cr.) exceed the Borrowings (1,244.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -106.00 | -75.00 | -69.00 | -94.00 | -155.00 | -347.00 | -51.00 | -3.00 | -4.00 | -222.00 | -223.00 | 197.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 124 | 83 | 73 | 57 | 77 | 79 | 60 | 56 | 57 | 54 | 57 | 65 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 124 | 83 | 73 | 57 | 77 | 79 | 60 | 56 | 57 | 54 | 57 | 65 |
| Working Capital Days | 79 | 52 | 59 | 63 | 52 | 76 | 29 | 36 | -19 | -52 | -30 | -153 |
| ROCE % | -84% | -26% | 1% | -1% | -6% | 16% | 27% | 34% | 31% | 27% | 22% | 14% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| SBI Small Cap Fund | 7,000,000 | 0.98 | 360.89 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 12.26 | 16.73 | 16.13 | 12.84 | 11.75 |
| Diluted EPS (Rs.) | 12.26 | 16.73 | 16.01 | 12.55 | 11.45 |
| Cash EPS (Rs.) | 18.22 | 20.53 | 19.04 | 15.00 | 13.06 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 104.94 | 99.11 | 58.54 | 46.66 | 38.49 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 104.94 | 99.11 | 58.54 | 46.66 | 38.49 |
| Revenue From Operations / Share (Rs.) | 137.34 | 108.78 | 99.74 | 76.64 | 54.52 |
| PBDIT / Share (Rs.) | 30.38 | 28.20 | 26.52 | 20.66 | 15.21 |
| PBIT / Share (Rs.) | 24.47 | 24.30 | 23.59 | 18.35 | 13.61 |
| PBT / Share (Rs.) | 17.02 | 22.41 | 21.62 | 17.23 | 13.11 |
| Net Profit / Share (Rs.) | 12.31 | 16.63 | 16.12 | 12.70 | 11.45 |
| NP After MI And SOA / Share (Rs.) | 12.31 | 16.63 | 16.12 | 12.70 | 11.45 |
| PBDIT Margin (%) | 22.11 | 25.92 | 26.58 | 26.95 | 27.89 |
| PBIT Margin (%) | 17.81 | 22.33 | 23.65 | 23.94 | 24.95 |
| PBT Margin (%) | 12.39 | 20.60 | 21.67 | 22.47 | 24.05 |
| Net Profit Margin (%) | 8.96 | 15.28 | 16.16 | 16.56 | 21.00 |
| NP After MI And SOA Margin (%) | 8.96 | 15.28 | 16.16 | 16.56 | 21.00 |
| Return on Networth / Equity (%) | 11.72 | 16.78 | 27.53 | 27.21 | 29.75 |
| Return on Capital Employeed (%) | 17.06 | 21.59 | 31.75 | 34.55 | 30.00 |
| Return On Assets (%) | 5.49 | 11.05 | 14.07 | 16.10 | 17.62 |
| Long Term Debt / Equity (X) | 0.21 | 0.07 | 0.13 | 0.02 | 0.06 |
| Total Debt / Equity (X) | 0.73 | 0.29 | 0.55 | 0.28 | 0.26 |
| Asset Turnover Ratio (%) | 0.73 | 0.83 | 1.03 | 1.03 | 1.08 |
| Current Ratio (X) | 1.66 | 3.14 | 1.86 | 2.53 | 2.67 |
| Quick Ratio (X) | 1.66 | 3.14 | 1.86 | 2.53 | 2.67 |
| Dividend Payout Ratio (NP) (%) | 46.61 | 34.63 | 24.74 | 37.69 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 31.48 | 28.05 | 20.94 | 31.90 | 0.00 |
| Earning Retention Ratio (%) | 53.39 | 65.37 | 75.26 | 62.31 | 0.00 |
| Cash Earning Retention Ratio (%) | 68.52 | 71.95 | 79.06 | 68.10 | 0.00 |
| Interest Coverage Ratio (X) | 4.58 | 9.96 | 17.38 | 29.63 | 30.95 |
| Interest Coverage Ratio (Post Tax) (X) | 2.98 | 6.54 | 11.86 | 19.82 | 24.31 |
| Enterprise Value (Cr.) | 9041.91 | 10218.97 | 10778.29 | 15080.34 | 7662.47 |
| EV / Net Operating Revenue (X) | 4.39 | 6.29 | 7.54 | 13.79 | 9.91 |
| EV / EBITDA (X) | 19.84 | 24.26 | 28.37 | 51.16 | 35.52 |
| MarketCap / Net Operating Revenue (X) | 4.34 | 6.84 | 7.70 | 13.77 | 9.91 |
| Retention Ratios (%) | 53.38 | 65.36 | 75.25 | 62.30 | 0.00 |
| Price / BV (X) | 5.68 | 7.51 | 13.12 | 22.62 | 14.03 |
| Price / Net Operating Revenue (X) | 4.34 | 6.84 | 7.70 | 13.77 | 9.91 |
| EarningsYield | 0.02 | 0.02 | 0.02 | 0.01 | 0.02 |
After reviewing the key financial ratios for Happiest Minds Technologies Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 12.26. This value is within the healthy range. It has decreased from 16.73 (Mar 24) to 12.26, marking a decrease of 4.47.
- For Diluted EPS (Rs.), as of Mar 25, the value is 12.26. This value is within the healthy range. It has decreased from 16.73 (Mar 24) to 12.26, marking a decrease of 4.47.
- For Cash EPS (Rs.), as of Mar 25, the value is 18.22. This value is within the healthy range. It has decreased from 20.53 (Mar 24) to 18.22, marking a decrease of 2.31.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 104.94. It has increased from 99.11 (Mar 24) to 104.94, marking an increase of 5.83.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 104.94. It has increased from 99.11 (Mar 24) to 104.94, marking an increase of 5.83.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 137.34. It has increased from 108.78 (Mar 24) to 137.34, marking an increase of 28.56.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 30.38. This value is within the healthy range. It has increased from 28.20 (Mar 24) to 30.38, marking an increase of 2.18.
- For PBIT / Share (Rs.), as of Mar 25, the value is 24.47. This value is within the healthy range. It has increased from 24.30 (Mar 24) to 24.47, marking an increase of 0.17.
- For PBT / Share (Rs.), as of Mar 25, the value is 17.02. This value is within the healthy range. It has decreased from 22.41 (Mar 24) to 17.02, marking a decrease of 5.39.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 12.31. This value is within the healthy range. It has decreased from 16.63 (Mar 24) to 12.31, marking a decrease of 4.32.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 12.31. This value is within the healthy range. It has decreased from 16.63 (Mar 24) to 12.31, marking a decrease of 4.32.
- For PBDIT Margin (%), as of Mar 25, the value is 22.11. This value is within the healthy range. It has decreased from 25.92 (Mar 24) to 22.11, marking a decrease of 3.81.
- For PBIT Margin (%), as of Mar 25, the value is 17.81. This value is within the healthy range. It has decreased from 22.33 (Mar 24) to 17.81, marking a decrease of 4.52.
- For PBT Margin (%), as of Mar 25, the value is 12.39. This value is within the healthy range. It has decreased from 20.60 (Mar 24) to 12.39, marking a decrease of 8.21.
- For Net Profit Margin (%), as of Mar 25, the value is 8.96. This value is within the healthy range. It has decreased from 15.28 (Mar 24) to 8.96, marking a decrease of 6.32.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 8.96. This value is within the healthy range. It has decreased from 15.28 (Mar 24) to 8.96, marking a decrease of 6.32.
- For Return on Networth / Equity (%), as of Mar 25, the value is 11.72. This value is below the healthy minimum of 15. It has decreased from 16.78 (Mar 24) to 11.72, marking a decrease of 5.06.
- For Return on Capital Employeed (%), as of Mar 25, the value is 17.06. This value is within the healthy range. It has decreased from 21.59 (Mar 24) to 17.06, marking a decrease of 4.53.
- For Return On Assets (%), as of Mar 25, the value is 5.49. This value is within the healthy range. It has decreased from 11.05 (Mar 24) to 5.49, marking a decrease of 5.56.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.21. This value is within the healthy range. It has increased from 0.07 (Mar 24) to 0.21, marking an increase of 0.14.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.73. This value is within the healthy range. It has increased from 0.29 (Mar 24) to 0.73, marking an increase of 0.44.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.73. It has decreased from 0.83 (Mar 24) to 0.73, marking a decrease of 0.10.
- For Current Ratio (X), as of Mar 25, the value is 1.66. This value is within the healthy range. It has decreased from 3.14 (Mar 24) to 1.66, marking a decrease of 1.48.
- For Quick Ratio (X), as of Mar 25, the value is 1.66. This value is within the healthy range. It has decreased from 3.14 (Mar 24) to 1.66, marking a decrease of 1.48.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 46.61. This value is within the healthy range. It has increased from 34.63 (Mar 24) to 46.61, marking an increase of 11.98.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 31.48. This value is within the healthy range. It has increased from 28.05 (Mar 24) to 31.48, marking an increase of 3.43.
- For Earning Retention Ratio (%), as of Mar 25, the value is 53.39. This value is within the healthy range. It has decreased from 65.37 (Mar 24) to 53.39, marking a decrease of 11.98.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 68.52. This value is within the healthy range. It has decreased from 71.95 (Mar 24) to 68.52, marking a decrease of 3.43.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 4.58. This value is within the healthy range. It has decreased from 9.96 (Mar 24) to 4.58, marking a decrease of 5.38.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.98. This value is below the healthy minimum of 3. It has decreased from 6.54 (Mar 24) to 2.98, marking a decrease of 3.56.
- For Enterprise Value (Cr.), as of Mar 25, the value is 9,041.91. It has decreased from 10,218.97 (Mar 24) to 9,041.91, marking a decrease of 1,177.06.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.39. This value exceeds the healthy maximum of 3. It has decreased from 6.29 (Mar 24) to 4.39, marking a decrease of 1.90.
- For EV / EBITDA (X), as of Mar 25, the value is 19.84. This value exceeds the healthy maximum of 15. It has decreased from 24.26 (Mar 24) to 19.84, marking a decrease of 4.42.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.34. This value exceeds the healthy maximum of 3. It has decreased from 6.84 (Mar 24) to 4.34, marking a decrease of 2.50.
- For Retention Ratios (%), as of Mar 25, the value is 53.38. This value is within the healthy range. It has decreased from 65.36 (Mar 24) to 53.38, marking a decrease of 11.98.
- For Price / BV (X), as of Mar 25, the value is 5.68. This value exceeds the healthy maximum of 3. It has decreased from 7.51 (Mar 24) to 5.68, marking a decrease of 1.83.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.34. This value exceeds the healthy maximum of 3. It has decreased from 6.84 (Mar 24) to 4.34, marking a decrease of 2.50.
- For EarningsYield, as of Mar 25, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Happiest Minds Technologies Ltd:
- Net Profit Margin: 8.96%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 17.06% (Industry Average ROCE: 14.75%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 11.72% (Industry Average ROE: 19.91%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.98
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.66
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 36.5 (Industry average Stock P/E: 66.4)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.73
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 8.96%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| IT Consulting & Software | #53/1-4, Hosur Main Road, Madivala (Next to Madivala Police Station), Bengaluru Karnataka 560068 | investors@happiestminds.com http://www.happiestminds.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Ashok Soota | Chairman & Chief Mentor |
| Mr. Joseph Anantharaju | Co-Chairman |
| Mr. Venkatraman Narayanan | Managing Director |
| Mrs. Anita Ramachandran | Independent Director |
| Mr. Rajendra Kumar Srivastava | Independent Director |
| Ms. Shubha Rao Mayya | Independent Director |
| Mr. Mittu Sridhara | Independent Director |
| Mr. Rajiv Shah | Executive Director |
FAQ
What is the intrinsic value of Happiest Minds Technologies Ltd?
Happiest Minds Technologies Ltd's intrinsic value (as of 12 December 2025) is 370.81 which is 24.48% lower the current market price of 491.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 7,470 Cr. market cap, FY2025-2026 high/low of 774/487, reserves of ₹1,529 Cr, and liabilities of 3,072 Cr.
What is the Market Cap of Happiest Minds Technologies Ltd?
The Market Cap of Happiest Minds Technologies Ltd is 7,470 Cr..
What is the current Stock Price of Happiest Minds Technologies Ltd as on 12 December 2025?
The current stock price of Happiest Minds Technologies Ltd as on 12 December 2025 is 491.
What is the High / Low of Happiest Minds Technologies Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Happiest Minds Technologies Ltd stocks is 774/487.
What is the Stock P/E of Happiest Minds Technologies Ltd?
The Stock P/E of Happiest Minds Technologies Ltd is 36.5.
What is the Book Value of Happiest Minds Technologies Ltd?
The Book Value of Happiest Minds Technologies Ltd is 102.
What is the Dividend Yield of Happiest Minds Technologies Ltd?
The Dividend Yield of Happiest Minds Technologies Ltd is 1.22 %.
What is the ROCE of Happiest Minds Technologies Ltd?
The ROCE of Happiest Minds Technologies Ltd is 13.9 %.
What is the ROE of Happiest Minds Technologies Ltd?
The ROE of Happiest Minds Technologies Ltd is 12.3 %.
What is the Face Value of Happiest Minds Technologies Ltd?
The Face Value of Happiest Minds Technologies Ltd is 2.00.