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.

Are Happiest Minds latest results good or bad?

Happiest Minds' latest results show strong revenue growth of 9.96% year-on-year, reaching ₹573.57 crores, but profitability concerns arise with a 5.44% decline in net profit and compressed margins, indicating challenges in operational efficiency.

Happiest Minds' latest results present a mixed picture. On one hand, the company achieved a robust year-on-year revenue growth of 9.96%, with revenues reaching ₹573.57 crores, marking a 4.30% increase from the previous quarter. This indicates strong market traction and demand for its services.<BR><BR>However, profitability metrics have raised concerns. The net profit for the quarter was ₹54.02 crores, which reflects a decline of 5.44% compared to the previous quarter, despite a year-on-year increase of 9.09%. Additionally, the operating margin, excluding other income, has only marginally improved to 17.2%, while the PAT margin has compressed significantly from 10.39% to 9.42%. This compression in margins, alongside rising employee costs and interest expenses, suggests challenges in converting revenue growth into profit.<BR><BR>Overall, while the topline growth is commendable, the pressure on profitability and margins indicates that the results are concerning for investors, highlighting operational efficiency challenges that need to be addressed.

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.

Should I buy, sell or hold Happiest Minds?

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.

Which are the latest news on Happiest Minds?

Why is Happiest Minds Technologies Ltd falling/rising?

As of 02-Feb, Happiest Minds Technologies Ltd's stock price is declining at 408.45, down 1.6%. The stock has underperformed significantly against the Sensex over various time frames, reflecting persistent struggles despite some positive long-term fundamentals.

As of 02-Feb, Happiest Minds Technologies Ltd is experiencing a decline in its stock price, currently at 408.45, which reflects a change of -6.65 (-1.6%). This downward movement can be attributed to several factors highlighted in the stock's recent performance metrics. <BR><BR>Over the past month, the stock has decreased by 12.35%, significantly underperforming the benchmark Sensex, which fell by only 4.78% during the same period. Year-to-date, the stock is down 11.26%, while the Sensex has seen a smaller decline of 4.17%. The one-year performance shows a stark contrast, with Happiest Minds down 41.65% compared to the Sensex's gain of 5.37%. This long-term trend indicates a persistent struggle for the stock, particularly over the last three years, where it has plummeted by 51.39% against a 36.26% increase in the Sensex.<BR><BR>Today's trading session also reflects negative sentiment, as the stock underperformed its sector by 1.1% and touched an intraday low of Rs 401.5, marking a decrease of 3.28%. Furthermore, the stock is close to its 52-week low, being only 3.23% away from Rs 395.25. The moving averages indicate that while the stock is higher than its 5-day moving average, it remains below the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.<BR><BR>Despite some positive indicators, such as rising investor participation with a 38.78% increase in delivery volume on January 30, the overall performance and market conditions have led to a decline in the stock price. The company has strong long-term fundamentals, including a healthy growth rate in net sales and a low debt-to-equity ratio, but these factors have not been sufficient to counteract the recent negative price movements.