Happiest Minds Technologies Ltd (HAPPSTMNDS)
₹297.65
Mkt cap
₹4,532 Cr
P/E ratio
19.30
P/B
2.68
Div yield
2.15%
ROE
13.80%
ROCE
13.30%
EPS (TTM)
₹15.42
Book value
₹111
52W range
295–531
Sector
Information Technology
Price history
Previous close
Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company [1]
NSE HAPPSTMNDSBSE 543227
Health check
Mixed
ValuationFair
ProfitabilityAverage
GrowthHigh
TechnicalsBearish
52-week range
−43.95% from high₹298
₹295+0.86% from low₹531
Current
₹297.65
Prev close
₹305.15
Day
−2.46%
Price performance
1D
−2.43%
1W
−1.13%
1M
−3.55%
3M
−21.74%
6M
−19.82%
1Y
−41.95%
YTD
−36.14%
Financials
Revenue, profit & margin
P/E ratio
19.3×
HAPPSTMNDS is 1% above the sector median of 19.1×
HAPPSTMNDS19.3×
Sector median19.1×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 391 | 407 | 410 | 417 | 464 | 522 | 531 | 545 | 550 | 574 | 588 | 604 | 629 | |
| Expenses | 302 | 324 | 329 | 334 | 379 | 430 | 437 | 461 | 456 | 475 | 480 | 500 | 511 | |
| Operating Profit | 89 | 83 | 81 | 83 | 85 | 92 | 94 | 84 | 94 | 99 | 107 | 104 | 118 | |
| OPM % | 23% | 20% | 20% | 20% | 18% | 18% | 18% | 15% | 17% | 17% | 18% | 17% | 19% | |
| Other Income | 14 | 22 | 25 | 38 | 25 | 27 | 23 | 14 | 30 | 22 | -6 | 21 | 24 | |
| Interest | 10 | 11 | 11 | 10 | 20 | 28 | 27 | 25 | 25 | 25 | 25 | 23 | 28 | |
| Depreciation | 14 | 15 | 15 | 15 | 22 | 23 | 21 | 23 | 22 | 22 | 22 | 22 | 23 | |
| Profit before tax | 79 | 79 | 81 | 96 | 68 | 68 | 69 | 50 | 77 | 73 | 54 | 80 | 90 | |
| Tax % | 26% | 26% | 26% | 25% | 25% | 27% | 27% | 33% | 26% | 26% | 26% | 24% | 25% | |
| Net Profit | 58 | 58 | 60 | 72 | 51 | 50 | 50 | 34 | 57 | 54 | 40 | 61 | 68 | |
| EPS in Rs | 3.97 | 3.84 | 3.92 | 4.73 | 3.35 | 3.25 | 3.29 | 2.23 | 3.75 | 3.55 | 2.65 | 4.02 | 4.44 | |
| Raw PDF |
Earnings
Results dates & reactionsNext results
2 Nov '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −1.11% · closed higher next day 0 of last 1
| Q1FY27 | |
|---|---|
| Broadcast | 27 Jul '26◦ |
| Earnings day | −1.11% |
| +1 day | −0.53% |
| +5 days | +0.10% |
| +15 days | +8.32% |
| +30 days | −10.85% |
| Filing | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Results analysis
Shareholding
as of Sep 202644.21%Promoter
Promoters44.21%
FIIs6.51%0.51
DIIs3.22%2.44
Public44.86%1.97
Ownership trend
Peers
8 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 | ₹2,502.60 | 16.57 | 9,05,463 | 2.56% | 13,934 | +7.41% | 73,188 | +11.23% | 63.03% |
| Infosys | ₹1,185.00 | 15.20 | 4,80,908 | 4.05% | 7,838 | +6.23% | 49,244 | +10.69% | 39.95% |
| HCL Technologies | ₹1,428.10 | 20.37 | 3,87,539 | 3.78% | 5,132 | +21.18% | 35,620 | +11.51% | 30.40% |
| Wipro | ₹198.31 | 14.91 | 1,96,439 | 5.55% | 3,200 | −1.40% | 24,753 | +9.06% | 17.84% |
| Tech Mahindra | ₹1,790.80 | 30.73 | 1,75,535 | 2.85% | 1,610 | +32.74% | 16,180 | +15.61% | 23.12% |
| LTM | ₹4,233.50 | 22.40 | 1,25,583 | 1.77% | 1,380 | −0.23% | 11,808 | +13.60% | 29.60% |
| Persistent Systems | ₹6,048.00 | 53.63 | 1,00,296 | 0.66% | 352 | −25.44% | 4,664 | +30.25% | 34.36% |
| Happiest Minds | ₹297.65 | 19.32 | 4,532 | 2.15% | 68 | +18.33% | 629 | +14.30% | 13.32% |
| Median: 73 Co. | ₹199.69 | 19.09 | 784 | 0.36% | 11 | +6.23% | 95 | +13.60% | 22.12% |
Filings
Annual reports6
Concall transcripts66
TranscriptSep 2026PPTSep 2026RECSep 2026TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptJun 2026PPTJun 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024TranscriptAug 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 Oct - Intimation of Schedule of Earnings Call under Regulation 30(6) of the SEBI (LODR) Regulations, 2015Board Meeting Intimation for Approval Of Financial Statements For The Quarter And Half Year Ended As On September 30, 2026, And To Consider The Declaration Of Interim Dividend, If Any 23 Oct - Board meets on November 2, 2026 to approve Q2/H1 results and consider interim dividend.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Oct - Submitted Regulation 74(5) compliance certificate for quarter ended September 30, 2026; no demat or remat requests received.Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Oct - Newspaper Publication in Form No. INC-26 regarding shifting of Registered officeShareholder Meeting / Postal Ballot-Scrutinizer"s Report 5 Oct







