HAPPSTMNDS

Happiest Minds Share Price Happiest Minds

₹812.35
+3.45 (0.43%)
  • Advice
  • Hold
21 April, 2024 04:30 BSE: 543227 NSE: HAPPSTMNDSISIN: INE419U01012

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Happiest Minds Performance

Day Range

  • Low 795
  • High 822
₹ 812

52 Week Range

  • Low 741
  • High 1,023
₹ 812
  • Open Price800
  • Previous Close809
  • Volume302830

Happiest Minds Share Price

  • Over 1 Month +3.66%
  • Over 3 Month -8.68%
  • Over 6 Month -2.38%
  • Over 1 Year +1.56%

Happiest Minds Key Statistics

P/E Ratio 52.8
PEG Ratio 13.8
Market Cap Cr 12,370
Price to Book Ratio 14.8
EPS 14.2
Dividend 0.7
Relative Strength Index 50.89
Money Flow Index 64.96
MACD Signal -3.2
Average True Range 24.52
Happiest Minds Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 371370357342
Operating Expenses Qtr Cr 302298276262
Operating Profit Qtr Cr 68728180
Depreciation Qtr Cr 9988
Interest Qtr Cr 1111109
Tax Qtr Cr 19202021
Net Profit Qtr Cr 80555751
IndicatorMar 2023
Total Revenue Annual Cr 1,355
Operating Expenses Annual Cr 1,012
Operating Profit Annual in Cr 321
Depreciation Cr 30
Interest Annual Cr 22
Tax Annual Cr 75
Net Profit Annual Cr 216
IndicatorMar 2023
Cash from Operating Activity Annual Cr 172
Cash from Investing Activity Annual Cr -343
Cash from Financing Annual Activity Cr 102
Net Cash Flow Annual Cr -69
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 826
Fixed Assets Annual Cr 202
Total Non Current Assets Annual Cr 542
Total Current Assets Annual Cr 1,034
Total Assets Annual Cr 1,576
IndicatorMar 2023
Book Value Per Share Annual Rs 58
ROE Annual % 26
ROCE Annual % 30
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 26
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 410407391378
Operating Expenses Qtr Cr 329324302286
Operating Profit Qtr Cr 81838992
Depreciation Qtr Cr 15151413
Interest Qtr Cr 1111109
Tax Qtr Cr 21212021
Net Profit Qtr Cr 60585858
IndicatorMar 2023
Total Revenue Annual Cr 1,450
Operating Expenses Annual Cr 1,070
Operating Profit Annual in Cr 359
Depreciation Cr 42
Interest Annual Cr 22
Tax Annual Cr 79
Net Profit Annual Cr 231
IndicatorMar 2023
Cash from Operating Activity Annual Cr 207
Cash from Investing Activity Annual Cr -351
Cash from Financing Annual Activity Cr 72
Net Cash Flow Annual Cr -72
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 839
Fixed Assets Annual Cr 295
Total Non Current Assets Annual Cr 568
Total Current Assets Annual Cr 1,073
Total Assets Annual Cr 1,641
IndicatorMar 2023
Book Value Per Share Annual Rs 59
ROE Annual % 28
ROCE Annual % 32
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 27

Happiest Minds Technicals

EMA & SMA

Current Price
₹812.35
+3.45 (0.43%)
pointer
  • Bullish Moving Average
  • ___
  • 8
  • Bearish Moving Average
  • ___
  • 8
  • 20 Day
  • ₹808.45
  • 50 Day
  • ₹820.73
  • 100 Day
  • ₹839.19
  • 200 Day
  • ₹860.20
  • 20 Day
  • ₹798.04
  • 50 Day
  • ₹818.99
  • 100 Day
  • ₹851.86
  • 200 Day
  • ₹874.28

Happiest Minds Resistance and Support

PIVOT
₹809.82
Resistance
First Resistance 824.63
Second Resistance 836.92
Third Resistance 851.73
RSI 50.89
MFI 64.96
MACD Single Line -3.20
MACD -0.24
Support
First Resistance 797.53
Second Resistance 782.72
Third Resistance 770.43

Happiest Minds Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 365,053 14,711,636 40.3
Week 499,367 17,188,204 34.42
1 Month 469,413 21,776,064 46.39
6 Month 508,364 22,164,681 43.6

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. 1332.55 Cr. and Equity Capital is Rs. 28.66 Cr. for the Year ended 31/03/2023. 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 12,370
Sales 1,440
Shares in Float 7.61
No of funds 128
Yield 0.73
Book Value 14.09
U/D Vol ratio 1
LTDebt / Equity 14
Alpha -0.12
Beta 1.1

Happiest Minds

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 50.24%50.24%51.35%53.24%
Mutual Funds 1.32%1.18%1.33%0.78%
Insurance Companies 1.25%1.23%1.1%0.48%
Foreign Portfolio Investors 4.69%5.05%5.14%4.52%
Financial Institutions/ Banks
Individual Investors 32.45%31.97%30.93%30.53%
Others 10.05%10.33%10.15%10.45%

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 Corporate Action

Date Purpose Remarks
2024-01-17 Quarterly Results
2023-10-17 Quarterly Results & Interim Dividend
2023-08-08 Quarterly Results
2023-07-14 Others
2023-05-08 Audited Results & Final Dividend
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

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 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

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 ?

Happiest Minds share price is ₹812 As on 21 April, 2024 | 04:16

What is the Market Cap of Happiest Minds ?

The Market Cap of Happiest Minds is ₹12370 Cr As on 21 April, 2024 | 04:16

What is the P/E ratio of Happiest Minds ?

The P/E ratio of Happiest Minds is 52.8 As on 21 April, 2024 | 04:16

What is the PB ratio of Happiest Minds ?

The PB ratio of Happiest Minds is 14.8 As on 21 April, 2024 | 04:16

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