Happiest Minds Technologies Limited

Web: happiestminds.com NSE: HAPPSTMNDS BSE: 543227 SECTOR: Information Technology - It - Software | Add Note | View Notes

354 0(0%)

Near 52W Low of 330

Volume

21L as on 03, Sep

Open

624

High

706

Low

696

354

VWAP

355

52 Week High

583

52 Week Low

330

Viand Research Rating

Quality Score

50/100

Growth Score

33/100

Valuation Score

50/100

Momentum Score

0/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

5,394

No. of Shares

15.2

P/E

51.35

P/B

7.38

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

14.37

ROCE

Profit Growth

Listing Date

17-Sep-20

Promoter Holding

44.21%

FII Holding

5.94%

DII Holding

8.99%

Price Chart

Price Performance

1 Week16%

1 Month8%

3 Months4%

6 Months2%

1 Year38%

YTD22%

Moving Average

5 Day SMA377

10 Day SMA408

20 Day SMA408

30 Day SMA401

50 Day SMA386

61 Day SMA380

80 Day SMA377

200 Day SMA402

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	375	359	369	376
Resistance 2	369	357	364	369
Resistance 1	362	356	360	363
Pivot Point	355	355	355	356
Support 1	348	354	350	349
Support 2	342	352	347	342
Support 3	335	351	342	336

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	TCS	8,39,432	2304	3%	6%	11%	25%	16	36.5	0.11	49454
2	INFY	4,59,108	1130	2%	4%	12%	23%	15	36.5	0.1	29474
3	HCLTECH	3,53,591	1293	3%	4%	4%	9%	18	36.5	0.07	16652
4	WIPRO	1,76,194	176	0%	7%	12%	28%	15	36.5	0.23	13266
5	TECHM	1,56,792	1597	1%	3%	19%	7%	30	36.5	0.07	4806
6	LTIM	1,37,691	4644	2%	3%	4%	12%	38	36.5	0.1	4983
7	LTM	1,35,520	4569	2%	3%	4%	22%	27	36.5	0.1	4983
8	OFSS	1,05,249	12086	2%	7%	77%	46%	26	36.5	0	2639
9	PERSISTENT	89,634	5682	0%	1%	21%	7%	0	36.5	0.06	1865
10	COFORGE	87,411	1974	4%	12%	70%	17%	0	36.5	0.08	1745
Load More

Shareholding Pattern (%)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 44.21%	(0.01) 44.21%	(0.01) 44.21%	(0.01) 44.22%	(0.01) 44.22%	(0.01) 44.23%	(0.01) 44.23%	(-6.01) 44.23%	(0.01) 50.24%	(-1.11) 50.24%	(-1.91) 51.35%	(0.01) 53.24%	(0.01) 53.24%	(0.01) 53.24%	(0.01) 53.24%	(0.01) 53.25%	(0.01) 53.26%	(0.01) 53.25%	(0.01) 53.25%
FIIs	(0.11) 5.94%	(0.51) 5.89%	(0.11) 5.39%	(0.31) 5.33%	(-0.31) 5.04%	(0.01) 5.34%	(0.01) 5.33%	(0.61) 5.31%	(-0.41) 4.69%	(-0.11) 5.05%	(0.61) 5.14%	(0.41) 4.52%	(0.11) 4.15%	(0.11) 4.07%	(-0.11) 3.94%	(-2.31) 4.00%	(-0.61) 6.29%	(-0.11) 6.93%	(0.01) 7.05%
DIIs	(-0.61) 8.99%	(-0.61) 9.62%	(-0.41) 10.20%	(0.01) 10.57%	(4.51) 10.58%	(1.91) 6.08%	(1.31) 4.18%	(0.31) 2.85%	(0.21) 2.57%	(0.01) 2.41%	(1.21) 2.43%	(0.01) 1.26%	(-0.11) 1.26%	(-0.21) 1.32%	(0.11) 1.48%	(-0.11) 1.42%	(-0.31) 1.48%	(-0.31) 1.73%	(0.01) 2.07%
Public	39.53%	38.94%	38.83%	38.48%	38.70%	42.83%	44.61%	45.82%	40.58%	40.20%	38.94%	38.68%	38.84%	38.74%	38.65%	38.55%	36.08%	35.06%	34.46%
No. of Shareholders	642,274	650,749	664,262	679,128	687,788	707,146	728,443	759,641	732,253	736,130	728,316	696,794	711,568	712,848	719,197	718,636	675,122	604,037	527,509

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	604	588	574	550	545	531	522	464	417	410	407	391	378	367	356	329	301	284	265	245
Sales Growth % (YoY)	10.9%	10.7%	10%	18.6%	30.5%	29.5%	28.3%	18.7%	10.4%	11.7%	14.4%	18.8%	25.8%	29.2%	34.4%	34.5%	36.2%	47.2%	44.7%	38.2%
Sales Growth % (QoQ)	2.7%	2.4%	4.4%	0.9%	2.6%	1.7%	12.5%	11.3%	1.7%	0.7%	4.1%	3.4%	3%	3.1%	8.2%	9.3%	6%	7.2%	8.2%	-
Expenses	500	480	475	456	461	437	430	379	334	329	324	302	286	277	265	242	229	216	204	188
Operating Profit	104	107	99	94	84	94	92	85	83	81	83	89	92	89	91	87	72	68	61	57
OPM %	17	18	17	17	15	18	18	18	20	20	20	23	24	24	25	26	24	24	23	23
Other Income	21	-6	22	30	14	23	27	25	38	25	22	14	8	1	4	1	10	8	10	3
Interest	23	25	25	25	25	27	28	20	10	11	11	10	9	6	5	3	3	2	2	2
Depreciation	22	22	22	22	23	21	23	22	15	15	15	14	13	10	10	9	9	8	8	7
Profit before tax	80	54	73	77	50	69	68	68	96	81	79	79	79	75	80	76	70	65	59	51
Tax %	24	26	26	26	33	27	27	25	25	26	26	26	27	23	26	25	25	25	25	30
Net Profit	61	40	54	57	34	50	50	51	72	60	58	58	58	58	59	56	52	49	44	36
Net Profit Growth % (QoQ)	52.5%	-25.9%	-5.3%	67.6%	-32%	-	-2%	-29.2%	20%	3.4%	-	-	-	-1.7%	5.4%	7.7%	6.1%	11.4%	22.2%	-
Net Profit Growth % (YoY)	79.4%	-20%	8%	11.8%	-52.8%	-16.7%	-13.8%	-12.1%	24.1%	3.4%	-1.7%	3.6%	11.5%	18.4%	34.1%	55.6%	-	-	-	-
TTM Net Profit	212	185	195	191	185	223	233	241	248	234	232	233	231	225	216	201	181	129	80	0
EPS in Rs	4.02	2.65	3.55	3.75	2.23	3.29	3.25	3.35	4.73	3.92	3.84	3.97	3.93	3.92	4.05	3.84	3.55	3.33	3.03	2.43

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Sales	2315	2061	1625	1429	1094	773	698	590
Sales Growth %	12.3%	26.8%	13.7%	30.7%	41.4%	10.8%	18.3%	-
Expenses	1912	1706	1289	1070	836	582	601	535
Operating Profit	403	354	336	359	258	191	97	55
OPM %	17	17	21	25	24	25	14	9
Other Income	66	89	99	15	31	24	5	-1
Interest	97	99	42	22	10	7	8	16
Depreciation	88	89	58	42	33	23	20	25
Profit before tax	284	255	335	310	246	186	74	13
Tax %	25	28	26	25	26	13	3	-9
Net Profit	213	185	248	231	181	162	72	14
Net Profit Growth %	15.1%	-25.4%	7.4%	27.6%	11.7%	125%	414.3%	-
EPS in Rs	13.96	12.13	16.31	15.73	12.34	11.06	14.52	3.82
Dividend Payout %	45	49	35	34	30	26	0	0

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash from Operating Activity	261	236	213	207	168	144	112	58
Cash from Investing Activity	-121	-731	-537	-348	-96	-271	-72	1
Cash from Financing Activity	-144	499	363	72	-91	169	-13	-59
Net Cash Flow	-4	4	39	-68	-19	42	27	0

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Equity Capital	30	30	30	30	30	29	29	28	9	6
Reserves	1659	1598	1545	1494	1450	810	637	518	220	-94
Borrowings	1487	1274	1244	1256	512	534	250	193	150	144
Other Liabilities	449	472	505	520	242	256	205	176	129	358
Total Liabilities	3625	3374	3323	3300	2235	1628	1120	915	508	414
Fixed Assets	1174	1189	1211	1219	413	432	158	128	38	61
CWIP	0	0	0	1	0	3	0	0	0	0
Investments	504	466	350	108	0	13	472	391	83	98
Other Assets	1948	1719	1761	1972	1822	1181	491	395	387	254
Total Assets	3625	3374	3323	3300	2235	1628	1120	915	508	414

Delivery

Delivery Data: HAPPSTMNDS

#	Date	335 37% 457	Value (Cr)	Q/T 49	Del 37	Del 82
1	4-Sep	354	40	55	38	15
2	3-Sep	354	74	60	31	23
3	2-Sep	355	178	72	23	42
4	1-Sep	363	574	64	28	159
5	31-Aug	407	76	54	35	26
6	28-Aug	408	135	50	30	40
7	27-Aug	420	201	44	36	72
8	26-Aug	448	75	50	37	28
9	25-Aug	446	71	45	47	33
10	24-Aug	436	72	42	40	29
11	21-Aug	445	307	46	35	107
12	20-Aug	414	141	45	36	50
13	19-Aug	410	98	42	37	36
14	18-Aug	420	50	44	46	23
15	17-Aug	427	135	54	32	43
16	14-Aug	420	279	57	23	63
17	13-Aug	395	20	28	37	8
18	12-Aug	390	23	30	50	11
19	11-Aug	394	26	40	53	14
20	10-Aug	402	27	37	44	12
21	7-Aug	408	39	41	35	14
22	6-Aug	406	67	47	29	20
23	5-Aug	401	248	58	25	62
24	4-Aug	388	29	31	43	12
25	3-Aug	384	41	33	39	16
26	31-Jul	377	24	31	39	9
27	30-Jul	380	38	36	36	14
28	29-Jul	386	50	37	37	19
29	28-Jul	383	135	49	24	32
30	27-Jul	388	58	37	33	19
31	24-Jul	373	22	36	32	7
32	23-Jul	366	19	30	31	6
33	22-Jul	367	19	34	39	8
34	21-Jul	376	17	35	42	7
35	20-Jul	382	26	40	37	10
36	17-Jul	380	36	43	31	11
37	16-Jul	381	38	42	31	12
38	15-Jul	384	56	44	33	19
39	14-Jul	393	126	57	27	34
40	13-Jul	408	368	60	21	76
41	10-Jul	386	168	55	28	47
42	9-Jul	366	135	47	29	39
43	8-Jul	344	24	34	38	9
44	7-Jul	350	16	26	36	6
45	6-Jul	347	11	34	44	5
46	3-Jul	350	33	29	42	14
47	2-Jul	352	97	45	31	31
48	1-Jul	337	14	32	48	6
49	30-Jun	341	16	30	33	5
50	29-Jun	338	16	26	42	7

Daily Market Cap

Date	Total Market Cap	Change	Chg %
04-Sep	5,394c	19c	0.35
03-Sep	5,375c	69c	1.27
01-Sep	5,444c	722c	11.71
31-Aug	6,166c	227c	3.55
27-Aug	6,393c	460c	6.71
26-Aug	6,852c	241c	3.64
25-Aug	6,612c	31c	0.47
24-Aug	6,643c	242c	3.78
21-Aug	6,401c	197c	3.18
19-Aug	6,204c	172c	2.70
18-Aug	6,376c	134c	2.06
17-Aug	6,510c	114c	1.79
14-Aug	6,396c	364c	6.03
13-Aug	6,032c	85c	1.43
12-Aug	5,946c	224c	3.63
10-Aug	6,170c	47c	0.76
06-Aug	6,217c	372c	6.37
04-Aug	5,845c	113c	1.98
31-Jul	5,732c	90c	1.54
30-Jul	5,822c	70c	1.19
29-Jul	5,892c	102c	1.76
28-Jul	5,790c	119c	2.01
27-Jul	5,908c	228c	4.02
24-Jul	5,680c	0	0

Stock Checklist

Price is above from 52 week high low average: 9%

Stock is trading above all short term SMAs: NO

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 20 fund scheme(s) across 8 fund house(s) as of Aug26 · Total value ₹379 Cr · 2 increasing / 8 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
SBI Mutual Fund	4	0.37%	-0.54%	337.4
UTI Mutual Fund	2	1.09%	-0.06%	17.2
Motilal Oswal Mutual Fund	4	0.34%	-0.04%	16.5
Quantum Mutual Fund	2	1.56%	+0.08%	7.9
Groww Mutual Fund	2	0.02%	-0.01%	0.1
Angel One Mutual Fund	2	0.02%	-0.01%	0
Mirae Asset Mutual Fund	2	0.02%	-0.01%	0
Bandhan Mutual Fund	2	0.02%	-0.01%	0

Happiest Minds Technologies Limited

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Price Performance

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PIVOT LEVEL

Competitors/Peers

Shareholding Pattern (%)

Quarterly Results

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Cash Flows

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