HAPPSTMNDS

Happiest Minds Share Price

₹763.55 +6.4 (0.85%)

05 Nov, 2024 20:58

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Performance

  • Low
  • ₹754
  • High
  • ₹768
  • 52 Week Low
  • ₹741
  • 52 Week High
  • ₹961
  • Open Price₹757
  • Previous Close₹757
  • Volume526,973

Investment Returns

  • Over 1 Month -4.63%
  • Over 3 Month -5.27%
  • Over 6 Month -5.46%
  • Over 1 Year -6.55%
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Happiest Minds Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 48.2
  • PEG Ratio
  • 13.9
  • Market Cap Cr
  • 11,627
  • P/B Ratio
  • 7.9
  • Average True Range
  • 15.64
  • EPS
  • 16.1
  • Dividend Yield
  • 0.4
  • MACD Signal
  • -8.21
  • RSI
  • 38.18
  • MFI
  • 53.02

Happiest Minds Financial

IndicatorJun 24Mar 24Dec 23Sep 23Jun 23
Net Sales/Income from operations372.40375.24370.58370.01357.05
Total Income From Operations372.40375.24370.58370.01357.05
P/L Before Interest, Excpt. Items & Tax77.5583.88108.8785.3687.69
P/L Before Exceptional Items & Tax59.8273.5598.2374.1777.58
P/L After Tax from Ordinary Activities43.8453.9379.8354.5357.44
Net Profit/Loss For the Period43.8453.9379.8354.5357.44
IndicatorMar 24Mar 23
Revenue From Operations [Gross]1,472.881,332.55
Revenue From Operations [Net]1,472.881,332.55
Total Operating Revenues1,472.881,332.55
Total Revenue1,584.141,354.89
Total Expenses1,260.611,063.21
Profit/Loss Before Tax324.96291.68
Profit/Loss For The Period245.73216.38
IndicatorMar 24Mar 23
Net CashFlow - Operating Activity189.07171.79
Net Cash Used In Investing Activity-435.09-343.44
Net Cash Used in Finance Activity358.21102.46
Net Inc/Dec In Cash And Equivalent112.62-67.54
Cash And Equivalent End Of Year101.09-11.53
IndicatorMar 24Mar 23
Total Share Capital29.8728.66
Total Non-Current Liabilities184.04202.14
Total Current Liabilities550.13548.28
Total Capital And Liabilities2,207.871,576.40
Total Non-Current Assets455.06542.36
Total Current Assets1,752.811,034.04
Total Assets2,207.871,576.40
Indicator20242023
EBIT Margin (%)24.8323.50
Return On Capital Employed (%)22.0630.46
Return On Equity (%)16.6726.19
Long Term Debt To Equity (%)7.0813.65
Book Value/Share (INR)98.6757.64
IndicatorJun 24Mar 24Dec 23Sep 23Jun 23
Net Sales/Income from operations463.82417.29409.88406.62390.87
Total Income From Operations463.82417.29409.88406.62390.87
P/L Before Interest, Excpt. Items & Tax88.2493.5390.3890.2788.75
P/L Before Exceptional Items & Tax68.4183.2079.6679.1278.68
P/L After Tax from Ordinary Activities51.0371.9859.6258.4658.33
Net Profit/Loss For the Period51.0371.9859.6258.4658.33
IndicatorMar 24Mar 23
Revenue From Operations [Gross]1,624.661,429.29
Revenue From Operations [Net]1,624.661,429.29
Total Operating Revenues1,624.661,429.29
Total Revenue1,710.031,450.40
Total Expenses1,389.371,134.20
Profit/Loss Before Tax334.68309.86
Profit/Loss For The Period248.39230.99
IndicatorMar 24Mar 23
Net CashFlow - Operating Activity212.56207.17
Net Cash Used In Investing Activity-466.41-351.02
Net Cash Used in Finance Activity363.4772.07
Net Inc/Dec In Cash And Equivalent110.17-68.49
Cash And Equivalent End Of Year108.97-1.20
IndicatorMar 24Mar 23
Total Share Capital29.8728.66
Total Non-Current Liabilities200.57225.61
Total Current Liabilities566.98576.40
Total Capital And Liabilities2,247.791,640.83
Total Non-Current Assets470.02567.85
Total Current Assets1,777.771,072.98
Total Assets2,247.791,640.83
Indicator20242023
EBIT Margin (%)22.3323.65
Return On Capital Employed (%)21.5931.75
Return On Equity (%)16.7827.53
Long Term Debt To Equity (%)7.0513.44
Book Value/Share (INR)99.1158.54

Happiest Minds Technicals

EMA & SMA

Current Price
₹763.55
+ 6.4 (0.85%)
pointer
  • stock-down_img
  • Bullish Moving Average 0
  • stock-up_img
  • Bearish Moving Average 16
  • 20 Day
  • ₹777.61
  • 50 Day
  • ₹789.80
  • 100 Day
  • ₹800.66
  • 200 Day
  • ₹818.00

Resistance and Support

761.92 Pivot Speed
  • R3 783.28
  • R2 775.62
  • R1 769.58
  • S1 755.88
  • S2 748.22
  • S3 742.18

Is Happiest Minds Worth Buying?

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Happiest Minds Technologies Ltd. is a digital transformation and IT services company offering solutions across digital business, product engineering, and infrastructure management. It operates globally, focusing on digital services like cloud, AI, analytics, IoT, and security. Happiest Minds Technologies has an operating revenue of Rs. 1,697.61 Cr. on a trailing 12-month basis. An annual revenue growth of 18% is outstanding, Pre-tax margin of 21% is great, ROE of 16% is good. The company has a reasonable debt to equity of 7%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 71 which is a FAIR score but needs to improve its earnings, a RS Rating of 23 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 72 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment. Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation. (+)

Happiest Minds Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-13 Quarterly Results
2024-08-12 Quarterly Results
2024-08-05 Others To consider Fund Raising and other business matters. per share(150%)Final Dividend
2024-05-06 Audited Results & Final Dividend
2024-01-17 Quarterly Results
Date Purpose Remarks
2023-10-30 INTERIM Rs.2.50 per share(125%)Interim Dividend
2022-11-03 INTERIM Rs.2.00 per share(100%)Interim Dividend
2021-11-10 INTERIM Rs.1.75 per share(87.5%)Interim Dividend

Happiest Minds F&O

Happiest Minds Shareholding Pattern

44.22%
2.66%
1.51%
5.33%
0%
35.62%
10.66%

About Happiest Minds

Happiest Minds, an abbreviated name for the Happiest Minds Technologies Limited, is an IT company that offers various IT solutions to different sectors and enable them to capture the business benefits of emerging technologies like cloud computing, social media mobility solutions business intelligence analytics.Their services include IT-based technologies, Artificial Intelligence (AI), Internet of Things (IoT), Virtual Reality (VR), Augmented Reality (AR), robotics, drones, digital process, automation, blockchain, etc.

1. Some of the primary services that this company offers include:
2. Digital transformation
3. IOT
4. Product engineering services
5. Agile infra and security services
6. Digital process automation
7. Analytics

Since its inception in 2011, HAPPSTMNDS has successfully collaborated with many national and international firms, expanding its horizon globally with over 170+ happy customers.

Formerly named the Happiest Minds Technologies Private Limited, Happiest Minds Technologies Limited or HAPPSTMNDS came into existence in 2011. Ashok Soota is credited with the foundation of this next-generation IT solutions and services company. Other founders of the company were Aurobinda Nanda, Dattatreya Salagame, Puneet Jetli, Raja Shanmugam, Salil Godika, Joseph Anantraju, and Raja Sekher.

These great minds started this company with a thought process of enabling enterprises with various IT-based technologies. Initially, the company received funding of USD 52.5 million in Series-A round. The primary investors in HAPPIEST MINDS are JP Morgan Assets Management, Intel Capital, and Ashok Soota. The IT conglomerate is presently headquartered in Bangalore, India. Its services and operations are also available overseas in other countries, such as the United States, Canada, the United Kingdom, Australia, the Middle East, and Singapore.

Primary industries that HAPPIEST MINDS catered to are:

1. Automotive
2. BFSI
3. Consumer packaged goods
4. E-commerce, edutech
5. Engineering R&D, hi-tech manufacturing
6. Retail and travel/transportation/hospitality

Major timelines 

Since its inception it has done various acquisitions. Some of the significant events in the timeline of the company are listed below:
    
2011 - Inception of the company with the headquarter in Bengaluru, India     
     
2012 - Expansion of the company overseas. First overseas office in Reading, UK, in March 2012     
     
2013 - Accreditation from the Security Management System (ISMS), Partnerships with KidoZen (a Florida-based mobile platform company) and DataWind (an Indian company that provides wireless web access services)     
     
2014 - Collaboration with NY-based MongoDB (a database firm), XchangeLabs (Texas-based pharmacy     automation provider company), and Mastercard'sMatercard's

2015 -  Accreditation from Quality Management System (QMS), Partnership with Openbravo- Spain-based open-source software firm.     
     
2016 - Collaboration in the Industrial Internet Consortium (IIC).     
     
2017 - Acquisition of Cupola Technology, which is an IoT-based startup. Similarly, HAPPSTMNDS also acquired another US-based digital transformation provider company OSSCube.     
     
2018 - First wholly owned subsidiary company in the United States on March 31, 2018

2020 - Launch of an IPO
 

Awards and Accolades

Due to its relentless services in IT solutions, it has consistently received various accolades. Some of the prominent achievements of this company are:

2015 - It’s IOT platform MIDAS was awarded Gold at Express IT awards.
2016 - Great Lakes Data science excellence
2017 - Awarded Digital Transformation Services provider by Frost and Sullivan
2018 - Red Herring top 100 Global Award
2019 - Red Herring Top 100 Asia Award, Great Place to Work's award, Top India's Best places to work for women, Top 20 most promising robotic process automation companies as per CIO review India, cited in the IOAP best of the outsourcing list.

Stock Exchange Listing and Market Cap of HAPPSTMNDS

Larsen & Turbo Emerging Business Fund Direct growth – 0.78%
IDBI India Top 100 Equity fund Growth – 0.54%
Kotak Small Cap Fund Direct-Growth- 0.28%
SBI Magnum Midcap Direct plan growth- 0.22%

(+)
  • NSE Symbol
  • HAPPSTMNDS
  • BSE Symbol
  • 543227
  • Managing Director & CFO
  • Mr. Venkatraman Narayanan
  • ISIN
  • INE419U01012

Happiest Minds FAQs

Happiest Minds share price is ₹763 As on 05 November, 2024 | 20:44

The Market Cap of Happiest Minds is ₹11626.9 Cr As on 05 November, 2024 | 20:44

The P/E ratio of Happiest Minds is 48.2 As on 05 November, 2024 | 20:44

The PB ratio of Happiest Minds is 7.9 As on 05 November, 2024 | 20:44

Yes, HAPPIEST MINDS is a highly profitable company. It has a presence across the globe. Thus, investing in HAPPIEST MINDS is highly recommended by our experts. 

You can easily buy HAPPSTMNDS shares on various share companies online. You can buy it through 5paisa in an effortless procedure. People interested in buying HAPPSTMNDS shares have to create a demat account and verify that account online using any KYC listed documents. 

The debt-to-equity ratio of HAPPSTMNDS for March 2021 is 0.27

The future of the HAPPSTMNDS shares is highly promising. Since its inception, HAPPSTMNDS has seen an upward trend in its growth, thereby indicating that the company is consistently performing well in the market. So, our experts highly recommend buying HAPPSTMNDS shares. 
 

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