Happiest Minds Technologies Ltd
HAPPSTMNDSHappiest Minds Technologies Ltd
HAPPSTMNDS
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 49.83 | 8.12 | 0.71% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 36.31 | 9.61 | 1.59% |
Forecast & Ratings
Detailed Forecast from 6 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Happiest Minds Technologies is a digital transformation IT consulting & services company focused on big data, analytics cloud, mobility and security services.
Peers
Compare with peersTata Consultancy Services Ltd
Infosys Ltd
HCL Technologies Ltd
Wipro Ltd
LTIMindtree Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 350.92 | 445.82 | 460.23 | 601.81 | 714.23 | 797.65 | 1,130.75 | 1,451.88 | 1,726.09 | 1,808.78 | ||||||||||
Raw Materials | 0.00 | 0.00 | 1.39 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,366.25 | ||||||||||
| Power & Fuel Cost | 2.21 | 2.94 | 4.29 | 3.91 | 4.49 | 1.84 | 2.04 | 4.41 | 5.67 | |||||||||||
| Employee Cost | 236.89 | 305.35 | 340.78 | 385.05 | 441.23 | 452.38 | 620.00 | 806.81 | 1,014.69 | |||||||||||
| Selling & Administrative Expenses | 61.53 | 114.33 | 106.46 | 59.21 | 64.37 | 34.06 | 51.23 | 87.21 | 109.73 | |||||||||||
| Operating & Other expenses | 38.48 | 7.35 | 7.60 | 99.94 | 102.28 | 94.12 | 168.80 | 179.82 | 160.76 | |||||||||||
EBITDA | 11.81 | 15.85 | -0.29 | 53.70 | 101.86 | 215.25 | 288.68 | 373.63 | 435.24 | 442.53 | ||||||||||
| Depreciation/Amortization | 5.06 | 5.96 | 6.87 | 24.78 | 20.23 | 22.74 | 32.88 | 41.91 | 58.29 | 66.09 | ||||||||||
| PBIT | 6.75 | 9.89 | -7.16 | 28.92 | 81.63 | 192.51 | 255.80 | 331.72 | 376.95 | 376.44 | ||||||||||
| Interest & Other Items | 1.30 | 2.48 | 5.92 | 15.94 | 8.02 | 6.49 | 9.95 | 21.86 | 42.27 | 52.03 | ||||||||||
| PBT | 5.45 | 7.41 | -13.08 | 12.98 | 73.61 | 186.02 | 245.85 | 309.86 | 334.68 | 324.41 | ||||||||||
| Taxes & Other Items | 0.00 | 3.17 | 0.00 | -1.23 | 1.90 | 23.56 | 64.65 | 78.87 | 86.29 | 83.32 | ||||||||||
| Net Income | 5.45 | 4.24 | -13.08 | 14.21 | 71.71 | 162.46 | 181.20 | 230.99 | 248.39 | 241.09 | ||||||||||
| EPS | 1.67 | 1.17 | -3.56 | 4.24 | 19.45 | 17.50 | 12.74 | 16.16 | 16.98 | 16.14 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 | 3.75 | 5.40 | 5.75 | 9.15 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.17 | 0.29 | 0.33 | 0.34 | 0.57 |
Company Updates
Annual report
PDFPeers & Comparison
Information TechnologyIT Services & Consulting
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Happiest Minds Technologies Ltd | 48.37 | 8.12 | 0.71% |
| Tata Consultancy Services Ltd | 35.56 | 17.88 | 1.62% |
| Infosys Ltd | 30.53 | 9.05 | 2.38% |
| HCL Technologies Ltd | 30.19 | 6.94 | 2.98% |
Price Comparison
Compare HAPPSTMNDS with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 6.01%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 4.05%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Happiest Minds Technologies Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
UTI Innovation Fund - Direct Plan - Growth Option Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.1683% | Percentage of the fund’s portfolio invested in the stock 2.65% | Change in the portfolio weight of the stock over the last 3 months -0.24% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 20/29 (-1) |
Union Innovation & Opportunities Fund - Direct Plan - Growth Option Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0941% | Percentage of the fund’s portfolio invested in the stock 1.45% | Change in the portfolio weight of the stock over the last 3 months 1.45% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 36/61 (+17) |
Union Business Cycle Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.0426% | Percentage of the fund’s portfolio invested in the stock 0.96% | Change in the portfolio weight of the stock over the last 3 months 0.96% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 83/86 (+3) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJun 14, 2024
Dividend/Share
₹3.25
Ex DateEx Date
Jun 14, 2024
Cash Dividend
Ex DateEx DateOct 30, 2023
Dividend/Share
₹2.50
Ex DateEx Date
Oct 30, 2023
Cash Dividend
Ex DateEx DateJul 7, 2023
Dividend/Share
₹3.40
Ex DateEx Date
Jul 7, 2023
Cash Dividend
Ex DateEx DateNov 2, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Nov 2, 2022
Cash Dividend
Ex DateEx DateJun 23, 2022
Dividend/Share
₹2.00
Ex DateEx Date
Jun 23, 2022
Net profit of Happiest Minds Technologies declined 12.52% to Rs 51.03 crore in the quarter ended June 2024 as against Rs 58.33 crore during the previous quarter ended June 2023. Sales rose 18.66% to Rs 463.82 crore in the quarter ended June 2024 as against Rs 390.87 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales463.82390.87 19 OPM %18.2922.85 - PBDT90.4592.92 -3 PBT68.4178.68 -13 NP51.0358.33 -13 Powered by Capital Market - Live
GS Caltex, Saatvik Solar, Happiest Minds Appoint New Company Heads
Board of Happiest Minds Technologies appoints directors
The board of Happiest Minds Technologies at its meeting held on 05 August 2024 has approved the appointment of Mittu Sridhara (aka Seshashayee Sridhara) (DIN: 09247644) as Independent Director of the company with immediate effect. Further, the board has appointed Rajiv Indravadan Shah (DIN: 06752608) as Executive Director of the company with effect from 05 August 2024. Powered by Capital Market - Live
Happiest Minds Technologies will hold a meeting of the Board of Directors of the Company on 12 August 2024Powered by Capital Market - Live
Happiest Minds Technologies will hold a meeting of the Board of Directors of the Company on 5 August 2024.Powered by Capital Market - Live
Happiest Minds launches its managed services solution - WATCH360
Happiest Minds Technologies’ Promoter Ashok Soota Sells Stake Worth Rs 762 Crore
Happiest Minds Plunges After Large Trade, Promoter Likely Offloaded 6% Stake
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 23.46%, vs industry avg of 11.54%
Increasing Market Share
Over the last 5 years, market share increased from 0.13% to 0.22%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 77.22%, vs industry avg of 8.39%