AMFI Registered MFD · ARN-130934 · Mutual fund investments are subject to market risks. CA Amit Kumar Jain · +91 93522 44475 Poornima Jain · +91 92525 44475 support@plenitude.co.in

Happiest Minds Technologies Limited share price

Happiest Minds Technologies Limited, together with its subsidiaries, provides information technology (IT) solutions and services in India, the Americas, Australia, Europe, Asia, the Middle East, and Africa. It operates in three segments: Infrastructure Management and Security Services (IMSS); Product and Digital Engineering Services (PDES); and Generative AI Business Services (GBS). The IMSS segment provides end-to-end infrastructure and security solutions comprising advisory, transformation, managed and hosted services, and secure intelligence solutions with specialization in cloud, virtualization and mobility across a multitude of industry verticals and geographies. Its PDES segment provi…Read more

WebsiteNSEBSE

Information TechnologyInformation Technology ServicesNifty Microcap 250NSE: HAPPSTMNDSISIN INE419U01012
16 Oct 2026, 3:30 PM IST₹335.90▲ 2.75 (0.83%)
  • Market Cap₹ 5,047 Cr.
  • Current Price₹ 335.90
  • High / Low₹ 531 / 299
  • Stock P/E22.7
  • Book Value₹ 118
  • Dividend Yield2.19 %
  • ROCE17.2 %
  • ROE13.00 %
  • Face Value₹ 2.0
More figures (10)
  • EPS (TTM)₹ 14.80
  • Price / Book2.85
  • OPM13.6 %
  • Debt / Equity0.88
  • Sales growth (5Y)24.5 %
  • Profit growth (5Y)5.5 %
  • Promoter holding46.0 %
  • EV / EBITDA12.4
  • Beta0.08
  • All-time high₹ 1,580

Price chart

Returns1M3M6MYTD1Y3Y CAGR5Y CAGR
HAPPSTMNDS+2.58%-11.93%-12.00%-27.04%-32.87%-26.84%-25.02%
Nifty 50-0.31%-3.85%-4.34%-11.42%-9.53%+5.46%+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

  • Happiest Minds Technologies Limited is in the Information Technology Services industry (Technology), with a market value of ₹5,047 crore.
  • It trades at 22.7 times its last 12 months' earnings and 2.8 times book value.
  • Revenue grew 24.5% a year over the last 5 years, profit 5.5% a year.
  • Return on equity was 13.0% and return on capital employed 17.2% in the latest year.
  • Debt was 0.88 times shareholders' equity.
  • The share price is 36.7% below its 52-week high and down 32.9% over one year.
  • Promoters and insiders hold about 46.0%; institutions about 8.3%.

Pros

  • Sales have grown 24.5% a year over the last 5 years.
  • Latest quarter (Jun 2026): sales up 14% and profit up 18% from a year ago.
  • Healthy return on equity of 15.5% on average over the last 3 years.
  • Trades at 22.7 times earnings, below its 3-year median of 46.5.
  • Pays a healthy dividend: about 44% of profit last year.

Cons

  • Promoter holding has fallen by 6.03 points over 3 years, to 44.21%.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About Happiest Minds Technologies Limited

Happiest Minds Technologies Limited, together with its subsidiaries, provides information technology (IT) solutions and services in India, the Americas, Australia, Europe, Asia, the Middle East, and Africa. It operates in three segments: Infrastructure Management and Security Services (IMSS); Product and Digital Engineering Services (PDES); and Generative AI Business Services (GBS). The IMSS segment provides end-to-end infrastructure and security solutions comprising advisory, transformation, managed and hosted services, and secure intelligence solutions with specialization in cloud, virtualization and mobility across a multitude of industry verticals and geographies. Its PDES segment provides platform development, device engineering, quality assurance, experience engineering, and technology acceleration for enterprises and digital natives. The GBS Services segment offers process automa…

Employees
6,500
Head office
Bengaluru
NSE industry
Information Technology

Peer comparison

CompanyMarket cap (₹ Cr)P/EP/BROEOPMSales CAGRDiv. yield
Happiest Minds Technologies LimitedHAPPSTMNDS5,04722.72.8513.0%13.6%+17.4%2.19%
Tata Consultancy Services LimitedTCS8,91,85917.37.5048.7%25.1%+5.8%2.04%
Infosys LimitedINFY4,70,32615.85.1431.6%20.3%+3.4%4.50%
HCL Technologies LimitedHCLTECH3,73,39620.44.9423.0%31.4%+8.7%3.53%
Wipro LimitedWIPRO1,82,43514.52.3015.4%16.1%+0.8%4.60%
Tech Mahindra LimitedTECHM1,58,58028.85.3416.9%13.0%+2.2%3.09%
LTM LimitedLTM1,30,14624.95.3021.5%15.5%+8.4%1.77%
Persistent Systems LimitedPERSISTENT90,06350.210.4826.3%16.4%+20.9%0.62%
Coforge LimitedCOFORGE86,47740.06.8719.5%14.2%+26.9%0.83%
Mphasis LimitedMPHASIS47,71825.04.2118.3%15.3%+4.8%2.53%

Companies in the same industry (Information Technology Services). Tap a heading to sort. Sorting is a way to explore data, not a recommendation.

Quarterly Results

Consolidated figures in ₹ crore /

₹ CrJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
391407410417464522531545550574588604629
302324329334379430437461456475480500511
Operating Profit89838183859294849499107104118
OPM %23%20%20%20%18%18%18%15%17%17%18%17%19%
14222425252723263022161824
Interest10111110202827252525252328
Depreciation14151515222321232222222223
Profit before tax79798196686869507773548090
26%26%26%25%25%27%27%33%26%26%26%24%25%
58586072515050345754406168
EPS in Rs4.043.923.984.793.393.293.332.263.793.592.684.064.49
Raw filing

Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ CrMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
7731,0941,4291,6252,0612,3152,394
5828361,0701,2891,7061,9121,967
Operating Profit191258359336354403427
OPM %25%24%25%21%17%17%18%
243721851018579
Interest71022429997101
Depreciation23334258898888
Profit before tax186246310335255284298
13%26%25%26%28%25%25%
162181231248185213223
EPS in Rs2.3512.8416.1316.7312.2614.1214.82
Dividend Payout %25%35%47%44%

Compounded Sales Growth

5 Years:
25%
3 Years:
17%
TTM:
11%

Compounded Profit Growth

5 Years:
6%
3 Years:
-3%
TTM:
17%

Stock Price CAGR

5 Years:
-25%
3 Years:
-27%
1 Year:
-33%

Return on Equity

4 Years:
19%
Last Year:
13%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. EPS restated for bonus issues and splits. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
Equity Capital29303030
Reserves8101,4501,5451,659
5345121,2441,487
268255541449
Total Liabilities1,6412,2483,3593,625
192195211195
CWIP20
1,4462,0533,1493,430
Total Assets1,6412,2483,3593,625

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ CrMar 2023Mar 2024Mar 2025Mar 2026
207213236261
-351-466-762-121
72363499-144
Net Cash Flow-72110-26-4
Free Cash Flow68202225254

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

RatioMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE—27.5%21.4%12.1%13.0%
ROCE—31.2%22.4%16.5%17.2%
Operating margin—22.2%17.1%12.9%13.6%
Net margin—16.2%15.3%9.0%9.2%
Debt / equity—0.640.350.790.88
Current ratio—1.863.141.661.48

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities).

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

  • Promoters 44.21%
  • FIIs 6.51%
  • DIIs 3.22%
  • Public 44.84%
%Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters50.24%50.24%44.22%44.22%44.22%44.21%44.21%44.21%44.21%44.21%44.21%44.21%
5.05%4.69%5.30%5.33%5.34%5.04%5.33%5.39%5.89%5.94%6.00%6.51%
2.41%2.58%2.86%4.18%6.08%10.59%10.57%10.20%9.63%8.99%5.66%3.22%
40.20%40.57%45.83%44.61%42.84%38.70%38.49%38.84%38.93%39.53%42.89%44.84%
No. of Shareholders7,36,1307,32,2537,59,6417,28,4437,07,1466,87,7886,79,1286,64,2626,50,7496,42,2746,40,9836,37,228

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Documents

Announcements

All announcements on NSE →

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Results announced
28 Oct 2026
Ex-dividend date
17 Jul 2026
Latest quarter
30 Jun 2026
Financial year end
31 Mar 2026

Trade with our broking desk

Open a trading & demat account through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539; NSE AP0153037862, BSE AP01095201177059). Execution and service only: no tips or research.

Open an accountHow it works

Questions about Happiest Minds Technologies Limited

What is the share price of Happiest Minds Technologies Limited today?
Happiest Minds Technologies Limited (HAPPSTMNDS) last traded at ₹335.90 on NSE (16 Oct 2026, 3:30 PM IST). Prices may be delayed.
What is the market cap of Happiest Minds Technologies Limited?
About ₹5,047 crore at the latest price.
What is the P/E ratio of Happiest Minds Technologies Limited?
About 22.7 times its earnings over the last 12 months.
Is Happiest Minds Technologies Limited a good investment?
We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.
How can I buy Happiest Minds Technologies Limited shares?
You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.
Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).
Talk to us

Have a question about this topic?

Tell us a little about your situation and an expert will call you back, usually within 2 hours on business days.

Experts are available Mon–Sat, 10 AM – 7 PM

Book your free wealth consultation

  • 100% free
  • No obligation
  • Reply within 2 hours
+91
Join 2,000+ investors who plan with Plenitude
Your details are private and never shared.
WhatsApp Book free call