Happiest Minds Technologies Ltd (HAPPSTMNDS)
₹343.50
Mkt cap
₹5,391 Cr
P/E ratio
23.00
P/B
3.09
Div yield
1.81%
ROE
13.80%
ROCE
13.30%
EPS (TTM)
₹14.93
Book value
₹111
52W range
337–581
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
−40.88% from high₹344
₹337+1.96% from low₹581
Current
₹343.50
Prev close
₹354.00
Day
−2.97%
Price performance
1D
−3.09%
1W
−15.70%
1M
−15.86%
3M
−2.76%
6M
+0.45%
1Y
−39.41%
YTD
−26.30%
Financials
Revenue, profit & margin
P/E ratio
23.0×
HAPPSTMNDS is 18% above the sector median of 19.5×
HAPPSTMNDS23.0×
Sector median19.5×
| 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 & reactionsNo upcoming results date on calendar.
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 | — |
| 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 Jun 202644.21%Promoter
Promoters44.21%
FIIs6.00%0.06
DIIs5.66%3.33
Public42.89%3.36
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 | ₹2,304.00 | 15.53 | 8,33,607 | 2.78% | 13,420 | +8.45% | 72,275 | +13.93% | 63.03% |
| INFY | ₹1,130.00 | 14.71 | 4,58,580 | 4.25% | 7,775 | +12.25% | 48,211 | +14.03% | 39.95% |
| HCLTECH | ₹1,293.40 | 19.36 | 3,50,985 | 4.18% | 4,626 | +20.32% | 34,579 | +13.94% | 30.40% |
| WIPRO | ₹176.40 | 13.22 | 1,74,718 | 6.24% | 3,356 | +0.65% | 24,479 | +10.59% | 17.84% |
| TECHM | ₹1,596.90 | 29.42 | 1,56,518 | 3.19% | 1,486 | +28.45% | 15,712 | +17.68% | 23.12% |
| LTM | ₹4,554.00 | 24.08 | 1,35,081 | 1.65% | 1,469 | +16.92% | 11,608 | +17.96% | 29.60% |
| PERSISTENT | ₹5,643.00 | 44.73 | 89,018 | 0.71% | 483 | +13.67% | 4,303 | +29.09% | 34.36% |
| HAPPSTMNDS | ₹354.00 | 22.97 | 5,391 | 1.81% | 68 | +18.33% | 629 | +14.30% | 13.32% |
| Median: 73 Co. | ₹205.00 | 19.49 | 911 | 0.29% | 10 | +12.96% | 86 | +17.55% | 22.55% |
Filings
Annual reports6
Concall transcripts65
PPTSep 2026RECSep 2026TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptJun 2026PPTJun 2026TranscriptFeb 2026PPTFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024TranscriptAug 2024PPTAug 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Sep - Newspaper Publication of Postal Ballot Notice, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 2 Sep - Postal ballot opens Sept 3–Oct 2, 2026 to approve shifting registered office to West Bengal amid ITC Infotech amalgamation.Audio Recording Of Analyst Call 1 Sep - Audio recording of the September 1, 2026 analyst call uploaded on company website.Announcement under Regulation 30 (LODR)-Change in Registered Office Address 31 Aug - Board approved merger with ITC Infotech and promoter sale of 22.106% stake for ₹1,329.72 crore.Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements 31 Aug - Promoters sell 22.1% stake to ITC Infotech; board approves amalgamation and office shift on August 31, 2026.