Happiest Minds

Why is Happiest Minds Technologies Ltd falling/rising?

As of 10-Jun, Happiest Minds Technologies Ltd is experiencing a decline in its stock price, currently at 348.35, reflecting a significant underperformance with a -43.71% return over the past year compared to the benchmark Sensex's -10.21%. The stock's bearish trend is further indicated by declining investor participation and trading below its moving averages.

As of 10-Jun, Happiest Minds Technologies Ltd is experiencing a decline in its stock price, currently at 348.35, which reflects a change of -4.55 (-1.29%). The stock has been on a downward trend, having fallen for the last three consecutive days, resulting in a total decline of -4.67% during this period. This performance is notably worse than the benchmark Sensex, which has only decreased by -0.49% over the same week.<BR><BR>The stock's performance over various time frames indicates significant underperformance. Over the past year, Happiest Minds has generated a return of -43.71%, compared to a -10.21% decline in the benchmark. Additionally, the stock has seen a substantial drop of -61.63% over the last three years, while the Sensex has gained +18.14% in that period. <BR><BR>Investor participation is also declining, as evidenced by a delivery volume of 2.42 lacs on June 9, which represents a decrease of -54.22% against the five-day average. This suggests a lack of interest from investors, further contributing to the stock's downward pressure. Moreover, the stock is trading below its moving averages across multiple time frames, indicating a bearish trend.<BR><BR>Despite some positive factors, such as high management efficiency and consistent positive results over the last four quarters, the overall outlook remains negative due to poor long-term growth and falling participation from institutional investors, who have reduced their stake by -0.59% in the previous quarter. This consistent underperformance against benchmarks and the broader market sentiment are key reasons for the stock's decline.

What does Happiest Minds do?

Happiest Minds Technologies Ltd is a small-cap IT company specializing in next-generation solutions and services using emerging technologies. As of March 2026, it reported net sales of 604 Cr and a net profit of 61 Cr, with a market cap of INR 5,356 Cr.

Overview:<BR>Happiest Minds Technologies Ltd is a small-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 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 604 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 61 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 5,356 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 1.77% <BR>Debt-Equity: 0.04 <BR>Return on Equity: 13.40% <BR>Price to Book: 3.18 <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

Which are the latest news on Happiest Minds?

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

Are Happiest Minds Technologies Ltd latest results good or bad?

Happiest Minds Technologies Ltd's Q4 FY26 results are largely positive, with a net profit of ₹61.17 crore, up 79.91% year-on-year, and revenue growth of 10.93%. However, a slight decline in operating margins indicates some cost pressures that investors should monitor.

Happiest Minds Technologies Ltd's latest results for Q4 FY26 can be considered quite positive overall. The company reported a net profit of ₹61.17 crore, which marks a significant increase of 79.91% year-on-year and a 51.79% increase compared to the previous quarter. This strong profit growth indicates a robust recovery in profitability.<BR><BR>Revenue for the same quarter reached ₹604.08 crore, reflecting a year-on-year growth of 10.93% and a sequential increase of 2.81%. This consistent revenue growth demonstrates the company's ability to maintain a solid top-line performance despite challenges in the broader IT services sector.<BR><BR>However, there are some mixed signals regarding margins. The operating margin, excluding other income, decreased slightly to 17.15%, down from 18.23% in the previous quarter, indicating some operational pressures. While the profit after tax (PAT) margin improved to 10.13% from 6.86% in the prior quarter, this was largely supported by elevated other income, which accounted for a notable portion of the profit before tax.<BR><BR>Overall, while the results show strong profit and revenue growth, the decline in operating margins suggests that the company is facing some cost pressures. Investors should keep an eye on these margin dynamics moving forward.

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

The next results date for Happiest Minds Technologies Ltd is 28 May 2026.

The next results date for Happiest Minds Technologies Ltd is scheduled for 28 May 2026.

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.

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.

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.

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.

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.

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.

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 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.