Happiest Minds Technologies Ltd (HAPPSTMNDS)
₹372.55
Mkt cap
₹5,850 Cr
P/E ratio
25.90
P/B
3.36
Div yield
1.67%
ROE
13.80%
ROCE
13.30%
EPS (TTM)
₹14.38
Book value
₹111
52W range
337–627
Sector
Information Technology
Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company [1]
Health check
Mixed
ValuationFair
ProfitabilityAverage
GrowthHigh
TechnicalsBearish
52-week range
−40.58% from high₹373
₹337+10.58% from low₹627
Current
₹372.55
Prev close
₹373.00
Day
−0.12%
Price performance
1D
−0.12%
1W
−2.59%
1M
+8.79%
3M
+3.16%
6M
−9.71%
1Y
−41.36%
YTD
−20.07%
Financials
FRevenue, profit & margin
P/E ratio
25.9×
HAPPSTMNDS is 17% above the sector median of 22.2×
HAPPSTMNDS25.9×
Sector median22.2×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 378 | 391 | 407 | 410 | 417 | 464 | 522 | 531 | 545 | 550 | 574 | 588 | 604 | |
| Expenses | 286 | 302 | 324 | 329 | 334 | 379 | 430 | 437 | 461 | 456 | 475 | 480 | 500 | |
| Operating Profit | 92 | 89 | 83 | 81 | 83 | 85 | 92 | 94 | 84 | 94 | 99 | 107 | 104 | |
| OPM % | 24% | 23% | 20% | 20% | 20% | 18% | 18% | 18% | 15% | 17% | 17% | 18% | 17% | |
| Other Income | 8 | 14 | 22 | 25 | 38 | 25 | 27 | 23 | 14 | 30 | 22 | -6 | 21 | |
| Interest | 9 | 10 | 11 | 11 | 10 | 20 | 28 | 27 | 25 | 25 | 25 | 25 | 23 | |
| Depreciation | 13 | 14 | 15 | 15 | 15 | 22 | 23 | 21 | 23 | 22 | 22 | 22 | 22 | |
| Profit before tax | 79 | 79 | 79 | 81 | 96 | 68 | 68 | 69 | 50 | 77 | 73 | 54 | 80 | |
| Tax % | 27% | 26% | 26% | 26% | 25% | 25% | 27% | 27% | 33% | 26% | 26% | 26% | 24% | |
| Net Profit | 58 | 58 | 58 | 60 | 72 | 51 | 50 | 50 | 34 | 57 | 54 | 40 | 61 | |
| EPS in Rs | 3.93 | 3.97 | 3.84 | 3.92 | 4.73 | 3.35 | 3.25 | 3.29 | 2.23 | 3.75 | 3.55 | 2.65 | 4.02 | |
| Raw PDF |
Earnings
EResults dates & reactionsNext results
27 Jul '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Jun 202644.21%Promoter
Promoters44.21%
FIIs6.00%0.06
DIIs5.66%3.33
Public42.89%3.36
Ownership trend
Peers
P8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| TCS | ₹2,189.20 | 14.75 | 7,92,072 | 2.92% | 13,420 | +8.45% | 72,275 | +13.93% | 63.03% |
| Infosys | ₹1,076.30 | 14.52 | 4,36,717 | 4.46% | 8,509 | +20.87% | 46,402 | +13.38% | 39.95% |
| HCL Technologies | ₹1,168.00 | 17.48 | 3,16,956 | 4.62% | 4,626 | +20.32% | 34,579 | +13.94% | 30.60% |
| Wipro | ₹174.65 | 13.14 | 1,72,971 | 6.30% | 3,522 | −1.90% | 24,236 | +7.70% | 17.84% |
| Tech Mahindra | ₹1,498.70 | 29.41 | 1,46,881 | 3.40% | 1,356 | +16.04% | 15,076 | +12.64% | 23.12% |
| LTM | ₹4,050.60 | 21.42 | 1,20,149 | 1.85% | 1,469 | +16.92% | 11,608 | +17.96% | 29.60% |
| Persistent Systems | ₹5,075.80 | 41.53 | 80,071 | 0.69% | 529 | +33.73% | 4,056 | +25.10% | 34.36% |
| Happiest Minds | ₹384.15 | 25.91 | 5,850 | 1.67% | 61 | +41.18% | 604 | +10.93% | 13.32% |
| Median: 70 Co. | ₹270.98 | 22.22 | 1,570 | 0.28% | 13 | +18.53% | 104 | +14.40% | 22.38% |
Filings
DAnnual reports6
Concall transcripts60
TranscriptJun 2026PPTJun 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024PPTMay 2024RECMay 2024TranscriptJan 2024PPTJan 2024
Credit ratings6
Announcements5
Clarification/Confirmation On News Item Appearing In 'Https://Www.Moneycontrol.Com/' 2d - Clarified Moneycontrol report on ITC Infotech seeking majority stake; company said no disclosure-triggering information exists.Clarification sought from Happiest Minds Technologies Ltd 2d - Exchange has sought clarification from Happiest Minds Technologies Ltd on July 13, 2026, with reference to news appeared in https://www.moneycontrol.com/ dated July 13, 2026 quoting …Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Jul - Filed Regulation 74(5) compliance certificate for quarter ended June 30, 2026; no demat requests received.Announcement Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 6 Jul - Shares annual report FY26 web link with shareholders lacking email IDs.Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Jul - Publication of Notice regarding the Annual General Meeting and information on E-voting pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015







