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Happiest Minds Technologies Limited

HAPPSTMNDS · 543227 · Information Technology · Computers - Software & Consulting

Full report
Rs 305.15+1.6 (+0.53%)
Market cap
Rs 4,589 Cr
P/E
20.59x
P/B
2.72x
52W high / low
Rs 531 / Rs 295.1

Our computed operating_margin (16.65%) diverges from BSE's own published figure (35.05%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong. Our computed net_margin (9.32%) diverges from BSE's own published figure (24.80%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong.

About Happiest Minds Technologies

Happiest Minds Technologies Limited is listed on the NSE under the symbol HAPPSTMNDS and on the BSE under scrip code 543227. It is classified in the Information Technology sector, industry: Computers - Software & Consulting. It is a constituent of BSE 1000. The company listed on 17 Sept 2020 and has a face value of Rs 2.

The latest available end-of-day price is Rs 305.15 (+0.53% on the day), for a market capitalisation of Rs 4,589 Cr. Trailing P/E is 20.59x and price-to-book is 2.72x. The 52-week range is Rs 295.1 to Rs 531. The latest price is 4% of the way from the 52-week low to the 52-week high.

Against the 15-company comparison set from the official BSE basic industry Computers - Software & Consulting, its market capitalisation is 0.5 times the peer median of Rs 9,348 Cr, and its P/E of 20.59x compares with a peer median of 23.28x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.

Latest annual results

For FY26 (year ended 31 Mar 2026), Happiest Minds Technologies Limited reported revenue of Rs 2,315 Cr and net profit of Rs 213 Cr, with a net margin of 9.18% and earnings per share of Rs 14.12 (consolidated statements).

Year-on-year change: revenue +11.00%; net profit +15.14%; EPS +15.17%. Three-year compound annual growth rate: revenue +18.28%; net profit −2.72%.

At the same date the balance sheet shows total assets of Rs 3,625 Cr, shareholders' equity of Rs 1,689 Cr, total debt of Rs 1,413 Cr, cash of Rs 120 Cr, a debt-to-equity ratio of 0.84 and operating cash flow of Rs 261 Cr.

On a trailing-twelve-month basis the filings add up to revenue of Rs 2,394 Cr, net income of Rs 223 Cr and a net margin of 9.32%.

Shareholding pattern

In the shareholding pattern for 30 Sept 2026, Happiest Minds Technologies Limited's ownership is split: promoters 44.21%; foreign institutional investors (FIIs) 6.51%; domestic institutional investors (DIIs) 3.22%; retail and other shareholders 44.84%.

Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding +0.51 percentage points; DII holding −2.44 percentage points.

The same filing lists reported promoter pledge of 0.00% and 6,37,228 shareholders on record.

Recent filings and corporate actions

110 BSE corporate announcements were filed by Happiest Minds Technologies Limited in the past twelve months; the most frequent category is "Company Update" (84). The most recent is "Intimation of Schedule of Earnings Call under Regulation 30(6) of the SEBI (LODR) Regulations, 2015" (Company Update), filed on 27 Oct 2026.

The disclosed corporate-action timeline lists 10 entries: dividend (10). The latest is a dividend (Final Dividend - Rs. - 3.6500) with ex-date 17 Jul 2026.

Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.

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Peer comparison

Official BSE basic industry: Computers - Software & Consulting. Limited to companies within a 0.1x–10x market-cap band.

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Official-industry peer comparison for Happiest Minds Technologies Limited
Hexaware Technologies LimitedRs 538.45Rs 32,845 CrRs 15,204 CrRs 1,403 Cr23.38x20.92%
Tata Elxsi LimitedRs 3,804Rs 23,701 CrRs 4,197 CrRs 670 Cr35.36x22.71%
KPIT Technologies LimitedRs 543.7Rs 14,819 CrRs 6,757 CrRs 533 Cr27.71x16.55%
Fractal Analytics LimitedRs 749.65Rs 12,894 Cr——41.14x—
IDream Film Infrastructure Company LtdRs 467.35Rs 12,644 CrRs 5 CrRs 1.3 Cr——
Zensar Technologies LimitedRs 537.3Rs 12,197 CrRs 6,202 CrRs 784 Cr15.56x17.85%
Rategain Travel Technologies LimitedRs 810.9Rs 9,598 CrRs 2,379 CrRs 242 Cr39.52x13.14%
BIRLASOFT LIMITEDRs 342.5Rs 9,579 CrRs 5,573 CrRs 616 Cr15.61x16.24%
ASM Technologies LtdRs 6,250.05Rs 9,118 Cr————
Intellect Design Arena LimitedRs 602.85Rs 8,451 CrRs 3,300 CrRs 351 Cr23.66x11.80%
Newgen Software Technologies LimitedRs 455.45Rs 6,445 CrRs 1,704 CrRs 319 Cr20.13x19.68%
Sonata Software LimitedRs 229.95Rs 6,365 CrRs 11,102 CrRs 463 Cr13.76x25.66%
Happiest Minds Technologies LimitedThis companyRs 305.15Rs 4,589 CrRs 2,472 CrRs 223 Cr20.59x13.67%
Mastek LimitedRs 1,474Rs 4,569 CrRs 3,916 CrRs 426 Cr10.72x15.62%
Latent View Analytics LimitedRs 220.24Rs 4,557 CrRs 1,185 CrRs 199 Cr23.28x12.01%
MedianRs 541.08Rs 9,348 CrRs 4,057 CrRs 445 Cr23.28x16.39%

Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.

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Companies related to Happiest Minds Technologies

Same official industry (Computers - Software & Consulting)

Other Information Technology companies of a similar market capitalisation

Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.

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