Happiest Minds

What does Happiest Minds do?

Happiest Minds Technologies Ltd is a mid-cap IT company specializing in next-generation solutions and services using emerging technologies. As of March 2025, it reported net sales of 545 Cr and a net profit of 34 Cr, with a market cap of Rs 8,969 Cr.

Overview: <BR>Happiest Minds Technologies Ltd is a mid-cap company in the Computers - Software & Consulting industry, specializing in next-generation IT solutions and services that leverage emerging technologies.<BR><BR>History: <BR>Incorporated on March 30, 2011, Happiest Minds Technologies Limited was formerly known as Happiest Minds Technologies Private Limited. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 545 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 34 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 8,969 Cr (Mid Cap) <BR><BR>Key Metrics: <BR>P/E: 47.00 <BR>Industry P/E: 29 <BR>Dividend Yield: 0.96% <BR>Debt Equity: -0.10 <BR>Return on Equity: 12.25% <BR>Price to Book: 5.75 <BR><BR>Contact Details: <BR>Address: 53/1-4 Hosur Main Road, Madivala (Next to Police Station) Bangaluru Karnataka : 560068 <BR>Tel: 91-80-61960300/61960400 <BR>Email: investors@happiestminds.com <BR>Website: http://www.happiestminds.com

Who are in the management team of Happiest Minds?

As of March 2022, the management team of Happiest Minds includes Ashok Soota (Executive Chairman), Venkatraman Narayanan (Managing Director & CFO), and several independent directors, along with Joseph Anantharaju (Executive Vice Chairman & CEO). They oversee the company's strategic direction and operations.

As of March 2022, the management team of Happiest Minds includes:<BR><BR>1. Ashok Soota - Executive Chairman<BR>2. Venkatraman Narayanan - Managing Director & CFO<BR>3. Anita Ramachandran - Independent Director<BR>4. Rajendra Kumar Srivastava - Independent Director<BR>5. Shubha Rao Mayya - Independent Director<BR>6. Praveen Kumar Darshankar - Company Secretary & Compliance Officer<BR>7. Joseph Anantharaju - Executive Vice Chairman & CEO<BR><BR>This team is responsible for overseeing the company's strategic direction and operations.

Who are the peers of the Happiest Minds?

Happiest Minds' peers include Newgen Software, Cyient, Sonata Software, Birlasoft Ltd, Netweb Technologies, Black Box, Aurionpro Solutions, Latent View, Mastek, and eMudhra. In terms of management risk and growth, Happiest Minds ranks well, with a 1-year return of -23.92%, better than Sonata Software but lower than Black Box's 36.53%.

Peers: The peers of Happiest Minds are Newgen Software, Cyient, Sonata Software, Birlasoft Ltd, Netweb Technol., Black Box, Aurionpro Sol., Latent View, Mastek, and eMudhra.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sonata Software and Netweb Technol., while Good management risk is found at Newgen Software, Cyient, Birlasoft Ltd, Mastek, and Happiest Minds. Average management risk is present at Black Box, Aurionpro Sol., and Latent View. For Growth, Excellent growth is noted at Netweb Technol. and Aurionpro Sol., while Good growth is seen at Newgen Software, Cyient, Sonata Software, Mastek, and Happiest Minds. Average growth is observed at Birlasoft Ltd, while Below Average growth is found at Black Box and Latent View. Capital Structure ratings are Excellent for Newgen Software, Cyient, Sonata Software, Birlasoft Ltd, Netweb Technol., Happiest Minds, Aurionpro Sol., and Mastek, while Good capital structure is noted at Black Box.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Black Box at 36.53%, while the lowest is Sonata Software at -36.03%. Happiest Minds has a 1-year return of -23.92%, which is higher than Sonata Software but lower than Black Box. Additionally, the peers with negative six-month returns include Cyient, Sonata Software, Birlasoft Ltd, Netweb Technol., and Mastek.

Who are the top shareholders of the Happiest Minds?

The top shareholders of Happiest Minds include Ashok Soota with 32.34%, mutual funds holding 8.37%, and 102 Foreign Institutional Investors (FIIs) with 5.04%. The SBI Small Cap Fund is the largest public shareholder at 7.79%, while individual investors collectively own 33.43% of the shares.

The top shareholders of Happiest Minds include Ashok Soota, who is the promoter with the highest holding at 32.34%. The company also has significant holdings from mutual funds, with 16 schemes collectively holding 8.37%. Additionally, 102 Foreign Institutional Investors (FIIs) hold 5.04% of the shares. The highest public shareholder is the SBI Small Cap Fund, which holds 7.79%. Overall, individual investors account for 33.43% of the company's shares.

How big is Happiest Minds?

As of 24th July, Happiest Minds Technologies Ltd has a market capitalization of 9,380.00 Cr, with recent Net Sales of 2,060.84 Cr and a Net Profit of 184.65 Cr. The company has Shareholder's Funds of 1,574.58 Cr and Total Assets of 3,322.93 Cr.

As of 24th July, Happiest Minds Technologies Ltd has a market capitalization of 9,380.00 Cr, categorizing it as a Mid Cap company.<BR><BR>For the latest four quarters, Happiest Minds reported Net Sales of 2,060.84 Cr and a Net Profit of 184.65 Cr.<BR><BR>As of the latest annual period, the company has Shareholder's Funds amounting to 1,574.58 Cr and Total Assets of 3,322.93 Cr.

Is Happiest Minds overvalued or undervalued?

As of August 4, 2025, Happiest Minds is considered overvalued with a valuation grade of expensive, reflected by a PE ratio of 45.73 and a year-to-date return of -18.65%, significantly underperforming compared to its peers and the Sensex.

As of 4 August 2025, the valuation grade for Happiest Minds has moved from very expensive to expensive. The company is currently considered overvalued. Key ratios include a PE ratio of 45.73, an EV to EBITDA of 24.57, and a Price to Book Value of 5.78. In comparison to its peers, TCS has a PE ratio of 22.58 and Infosys has a PE ratio of 22.55, both indicating a more favorable valuation.<BR><BR>Happiest Minds has shown a significant decline in stock performance, with a year-to-date return of -18.65% compared to a positive return of 3.69% for the Sensex. This underperformance, along with its high valuation metrics, supports the conclusion that the company is overvalued in the current market environment.

Has Happiest Minds declared dividend?

Yes, Happiest Minds Technologies Ltd has declared a dividend of 137%, amounting to ₹3.5 per share, with an ex-date of November 4, 2025. Despite this dividend, the company has experienced significant negative total returns over various periods, particularly in the short term.

Happiest Minds Technologies Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 137%<BR>- Amount per share: 3.5<BR>- Ex-date: 04 Nov 25<BR><BR>Dividend Yield: 1.15%<BR><BR>Total Returns by Period:<BR>Over the past 3 months, the price return was -15.89%, the dividend return was 0.45%, resulting in a total return of -15.44%.<BR><BR>In the last 6 months, the price return was -10.03%, the dividend return was 1.02%, leading to a total return of -9.01%.<BR><BR>For the 1-year period, the price return was -32.38%, the dividend return was 1.15%, culminating in a total return of -31.23%.<BR><BR>Over 2 years, the price return was -37.27%, the dividend return was 1.45%, resulting in a total return of -35.82%.<BR><BR>In the 3-year timeframe, the price return was -46.6%, the dividend return was 1.80%, leading to a total return of -44.8%.<BR><BR>For the 4-year period, the price return was -59.11%, the dividend return was 1.77%, resulting in a total return of -57.34%.<BR><BR>Over the past 5 years, the price return was 53.48%, the dividend return was 8.37%, culminating in a total return of 61.85%.<BR><BR>Overall, while Happiest Minds has declared a substantial dividend, the total returns over various periods show significant negative performance, particularly in the shorter terms, with a notable recovery in the 5-year period.

How has been the historical performance of Happiest Minds?

Happiest Minds has shown consistent growth in net sales and total assets, increasing from 698.21 Cr in Mar'20 to 2,060.84 Cr in Mar'25. However, profits have fluctuated, with profit after tax decreasing from 248.39 Cr in Mar'24 to 184.66 Cr in Mar'25.

Answer:<BR>The historical performance of Happiest Minds shows a consistent growth trajectory in net sales and profits over the years, with a notable increase in recent periods.<BR><BR>Breakdown:<BR>Happiest Minds has demonstrated significant growth in net sales, rising from 698.21 Cr in Mar'20 to 2,060.84 Cr in Mar'25. The total operating income followed a similar trend, reaching 2,060.84 Cr in Mar'25, up from 1,624.66 Cr in Mar'24. Operating profit (PBDIT) also increased, peaking at 455.80 Cr in Mar'25, although it showed a slight decline from 421.22 Cr in Mar'24. Profit before tax reached 255.46 Cr in Mar'25, down from 334.68 Cr in Mar'24, while profit after tax was 184.66 Cr in Mar'25, a decrease from 248.39 Cr in Mar'24. The company's total assets grew significantly from 508.15 Cr in Mar'20 to 3,322.93 Cr in Mar'25, with total liabilities also increasing to 3,322.93 Cr in Mar'25. Cash flow from operating activities improved to 236.00 Cr in Mar'25, reflecting the company's operational efficiency, while cash flow from investing activities showed a negative trend at -731.00 Cr. Overall, Happiest Minds has shown a robust growth pattern in sales and assets, despite some fluctuations in profit margins.

Is Happiest Minds technically bullish or bearish?

As of December 4, 2025, the technical trend is mildly bearish, supported by daily moving averages and weekly KST indicators, despite a mildly bullish weekly MACD, indicating a lack of strong bullish momentum.

As of 4 December 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish sentiment and the weekly KST also reflecting bearish conditions. The weekly MACD is mildly bullish, providing some counterbalance, but the overall indicators suggest a lack of strong bullish momentum. The Bollinger Bands and Dow Theory are both mildly bearish on the weekly and monthly time frames, reinforcing the cautious outlook.

When is the next results date for Happiest Minds Technologies Ltd?

The next results date for Happiest Minds Technologies Ltd is 09 February 2026.

The next results date for Happiest Minds Technologies Ltd is scheduled for 09 February 2026.

Are Happiest Minds Technologies Ltd latest results good or bad?

Happiest Minds Technologies Ltd reported record quarterly revenue of ₹587.56 crores, reflecting strong growth, but net profit fell sharply by 25.40% quarter-on-quarter and 19.56% year-on-year, raising concerns about cost management and profitability. Investors should be cautious due to the declining profit margins despite revenue gains.

Happiest Minds Technologies Ltd's latest results present a mixed picture. On one hand, the company achieved its highest-ever quarterly revenue of ₹587.56 crores in Q3 FY26, reflecting a 2.44% increase quarter-on-quarter and a robust 10.69% year-on-year growth. This indicates strong client acquisition and operational resilience.<BR><BR>However, the profitability metrics are concerning. The net profit for the quarter fell sharply to ₹40.30 crores, down 25.40% from the previous quarter and 19.56% year-on-year. This decline in profit is attributed to rising employee costs, increased interest expenses, and a significant drop in other income, which decreased by 27.26% sequentially. The profit after tax (PAT) margin also contracted to 6.86%, marking one of the weakest performances in recent quarters.<BR><BR>Overall, while revenue growth is a positive sign, the sharp decline in profitability raises questions about the company's ability to manage costs and maintain margins in a challenging environment. Investors may need to be cautious given the current trends in profitability despite the revenue momentum.

Should I buy, sell or hold Happiest Minds Technologies Ltd?

Why is Happiest Minds Technologies Ltd falling/rising?

As of 31-Mar, Happiest Minds Technologies Ltd's stock price is 361.05, reflecting a decline of -7.28% and a year-to-date drop of -21.56%. The stock is underperforming against benchmarks and trading below its moving averages, indicating a bearish trend despite some positive management metrics.

As of 31-Mar, Happiest Minds Technologies Ltd is experiencing a decline in its stock price, currently at 361.05, which reflects a change of -28.35 (-7.28%). This drop is part of a broader trend, as the stock has underperformed significantly against the benchmark, with a year-to-date decline of -21.56% compared to the Sensex's -15.57%. Over the past year, the stock has fallen by -39.40%, while the benchmark has only decreased by -7.06%.<BR><BR>Today's performance indicates that the stock has been losing for the last two days, with a total drop of -9.6% during this period. It also touched an intraday low of Rs 359.4, which is a decrease of -7.7%. The stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Despite some positive factors, such as high management efficiency and low debt levels, the stock's valuation appears expensive with a Price to Book Value of 3.4, which may deter investors. Additionally, the company has shown consistent underperformance against its peers, generating negative returns over the last three years and experiencing a profit decline of -1.4% over the past year. These factors contribute to the stock's current downward trajectory.

Which are the latest news on Happiest Minds?