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    • Happiest Minds Share PriceHappiest Minds

    Mid Cap 3.7k
    ₹796.85
    -7.7 (-0.96%)
    As on 24 March, 2023 | 18:54 BSE: 543227 NSE: HAPPSTMNDS

    Happiest Minds Performance

    Day Range

    • Low
    • High

    52 Week Range

    • Low
    • High
    • Open Price
    • Previous Close
    • Volume

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    Happiest Minds Share Price

    • Over 1 Month -7.47%
    • Over 3 Month -6.06%
    • Over 6 Month -21.27%
    • Over 1 Year -29.67%

    Happiest Minds Key Statistics

    P/E Ratio 50.6
    PEG Ratio 1.4
    Market Cap Cr 11,703
    Price to Book Ratio 17.6
    EPS 12.7
    Dividend 0.5
    Relative Strength Index 31.47
    Money Flow Index 27.77
    MACD Signal -11.66
    Average True Range 19.91

    Happiest Minds F&O

    Happiest Minds Futures
    Happiest Minds Options

    Happiest Minds Investment Rating

    • Master Rating:

    • Happiest Minds Technologies has an operating revenue of Rs. 1,351.88 Cr. on a trailing 12-month basis. An annual revenue growth of 42% is outstanding, Pre-tax margin of 22% is great, ROE of 27% is exceptional. The company has a reasonable debt to equity of 3%, 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 94 which is a GREAT score indicating consistency in earnings, a RS Rating of 31 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at E which indicates heavy supply, Group Rank of 39 indicates it belongs to a strong industry group of Computer-Tech Services and a Master Score of C is fair but needs to improve. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Happiest Minds Financials
    IndicatorDec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 345338308287
    Operating Expenses Qtr Cr 266254232214
    Operating Profit Qtr Cr 79837673
    Depreciation Qtr Cr 8777
    Interest Qtr Cr 6522
    Tax Qtr Cr 16201819
    Net Profit Qtr Cr 57555362

    Happiest Minds Technicals

    EMA & SMA

    Current Price
    ₹796.85
    -7.7 (-0.96%)
    • Bullish Moving Average
    • ___
    • 0
    • Bearish Moving Average
    • ___
    • 16
    • 20 Day
    • 826.88
    • 50 Day
    • 850.4
    • 100 Day
    • 882.06
    • 200 Day
    • 923.9
    • 20 Day
    • 833.16
    • 50 Day
    • 847.62
    • 100 Day
    • 891.02
    • 200 Day
    • 924.52

    Happiest Minds Resistance and Support

    PIVOT
    ₹805.65
    Resistance
    First Resistance 810.75
    Second Resistance 816.95
    Third Resistance 822.05
    RSI 31.47
    MFI 27.77
    MACD Single Line -11.66
    MACD -15.45
    Support
    First Resistance 799.45
    Second Resistance 794.35
    Third Resistance 788.15

    Happiest Minds Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 304,869 10,871,629 35.66
    Week 235,014 9,165,546 39
    1 Month 210,835 8,551,471 40.56
    6 Month 267,886 9,670,677 36.1

    Happiest Minds Result Highlights

    Happiest Minds Synopsis

    NSE-Computer-Tech Services

    Happiest Minds Tech is involved in the business activities of Computer programming activities. Company’s Total Operating Revenue is Rs. 1033.54 Cr. and Equity Capital is Rs. 28.54 Cr. for the Year ended 31/03/2022. Happiest Minds Technologies Ltd. is a Public Limited Listed company incorporated on 30/03/2011 and has its registered office in the State of Karnataka, India. Company’s Corporate Identification Number(CIN) is L72900KA2011PLC057931 and registration number is 057931.
    Market Cap 11,413
    Sales 1,277
    Shares in Float 6.90
    No of funds 125
    Yield 0.5
    Book Value 17.14
    U/D Vol ratio 1.3
    LTDebt / Equity 3
    Alpha -0.1
    Beta 0.96

    Happiest Minds

    Owner NameDec-22Sep-22Jun-22Mar-22
    Promoters 53.25%53.25%53.25%
    Mutual Funds 0.91%1.07%1.01%
    Insurance Companies 0.41%0.41%
    Foreign Portfolio Investors 4.07%3.94%4%
    Financial Institutions/ Banks
    Individual Investors 30.57%30.44%31.53%
    Others 10.79%10.89%10.21%

    Happiest Minds Management

    Name Designation
    Mr. Ashok Soota Executive Chairman
    Mr. Joseph Anantharaju Exec. Vice Chairman & CEO
    Mr. Venkatraman Narayanan Managing Director & CFO
    Mrs. Anita Ramachandran Independent Director
    Mr. Rajendra Kumar Srivastava Independent Director
    Ms. Shubha Rao Mayya Independent Director

    Happiest Minds Forecast

    Price Estimates

    2,000(9.8%)
    1,758(-3.5%)
    1,590(-12.7%)

    Other Analyst Rating

    Happiest Minds MF Shareholding

    Name Amount(cr)
    HSBC Small Cap Fund Fund Regular Growth 8672
    Kotak Small Cap Growth 8618
    SBI Magnum Midcap Fund Regular Growth 8436
    Union Small Cap Fund Regular Growth 1401
    Edelweiss Recently Listed IPO Fund Regular Plan Growth 860

    About Company

    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.

    Company History

    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 Bangalore, 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

    The shares of the HAPPSTMNDS are, at present, listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). As of March 31, 2022, the market summary of the HAPPSTMNDS is INR 1060.

    As of April 6, 2022, the market cap of HAPPIEST MINDS is INR 16,054 cr. As of December 2021, the net worth of the HAPPSTMNDS is estimated to be INR 284 crore. The top mutual funds invested in this company include

    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%

    Happiest Minds FAQs

    What is Share Price of Happiest Minds Technologies ?

    Happiest Minds Technologies share price is ₹796 As on 24 March, 2023 | 18:40

    What is the Market Cap of Happiest Minds Technologies ?

    The Market Cap of Happiest Minds Technologies is ₹11702.8 Cr As on 24 March, 2023 | 18:40

    What is the P/E ratio of Happiest Minds Technologies ?

    The P/E ratio of Happiest Minds Technologies is 50.6 As on 24 March, 2023 | 18:40

    What is the PB ratio of Happiest Minds Technologies ?

    The PB ratio of Happiest Minds Technologies is 17.6 As on 24 March, 2023 | 18:40

    Is it profitable to invest in HAPPSTMNDS?

    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. 

    How to Buy HAPPSTMNDS Share?

    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. 

    What is the debt-to-equity ratio of HAPPSTMNDS for FY '21?

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

    What is the Future for HAPPSTMNDS shares?

    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. 
     

    Q2FY23

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