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NSE · HAPPSTMNDS · IT - Software

Happiest Minds Technologies Ltd.

387.15
₹5,895 Cr market cap
P/E
95.36
EPS
₹4.06
Book value
₹112.45
ROE
12.58%
ROCE
11.93%
Debt / equity
0.88

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

0600120018002400Mar 25Mar 25Jun 25Sep 25Dec 25Mar 26Mar 26Jun 26
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹561 Cr with net profit ₹57 Cr — a 10.14% net margin, versus 9.15% the period before.

Shareholding

As of 2026-06-30

44.21%
promoter holding
  • Promoter44.21%
  • Public44.13%
  • FII6%
  • DII5.66%

6,40,983 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

44.22%44.21%Sep 24Jun 26

52-week position

Where the current price sits in its yearly band

330387646

The band spans 1.96× from low to high.

Risk flags

Derived from disclosed data

No flags raised by the data.

Peer comparison

Computers - Software - Medium / Small · ranked #27 of 284 by market cap · medians across 49 industry peers

P/E
95.36vs 97 peer med
P/B
3.44vs 4.4 peer med
ROE %
12.58vs 13.5 peer med
Margin %
9.18vs 10.08 peer med
CompanyMkt capP/EP/BROEMargin
PB FinTech Limited₹74,202 Cr283.8410.159.16%9.86%
Inventurus Knowledge Solutions Ltd.₹31,457 Cr148.8611.1725.77%22.59%
Tata Technologies Limited₹30,111 Cr46.269.3215.63%9.4%
Affle 3i Limited₹23,160 Cr193.296.3312.45%16.79%
Tata Elxsi Limited₹22,800 Cr32.347.522.89%16.84%
Sagility Limited₹20,851 Cr79.542.169.57%12.86%
Firstsource Solutions Ltd.₹20,743 Cr98.784.6617.13%7.01%
eClerx Services Ltd.₹18,262 Cr94.866.9827.57%17.15%
IDream Film Infrastructure Company Ltd.₹17,315 Cr65.8239.1%0%
Pine Labs Limited₹16,928 Cr283.52.871.91%4.15%
Happiest Minds Technologies Ltd.(this company)₹5,895 Cr95.363.4412.58%9.18%

AI analysis

AI-generated · google/gemini-2.5-flash

Happiest Minds Technologies Ltd. is listed with a market capitalization of Rs 5781 Cr. The company reported revenue of Rs 2162.22 Cr. Its book value stands at Rs 103.44 with an EPS of Rs 11.23. The debt-to-equity ratio is 0.56.

Positives

  • +Promoter pledge is 0%, indicating no shares are encumbered.
  • +The number of shareholders increased significantly from 19716 to 640983 between September 2020 and June 2026.

Negatives

  • Promoter shareholding has decreased from 53.25% in March 2021 to 44.21% in June 2026.
  • Quarterly net profit for December 2025 was Rs 40.3 Cr, a decrease from Rs 54.02 Cr in September 2025.

Financial Performance

Happiest Minds Technologies reported a total revenue of Rs 2162.22 Cr. The annual revenue for March 2026 was Rs 2400.08 Cr, with a net profit of Rs 212.62 Cr and an EBITDA of Rs 400.16 Cr. Quarterly results show varying performance, with revenue of Rs 604.08 Cr and net profit of Rs 61.17 Cr for March 2026.

Profitability & Returns

The company’s Return on Equity (ROE) is 12.3%, and Return on Capital Employed (ROCE) is 11.93%. The Earnings Per Share (EPS) is Rs 11.23. No dividend yield is provided in the data.

Balance Sheet

Happiest Minds Technologies has a book value of Rs 103.44. The debt-to-equity ratio is 0.56, indicating the extent of debt financing relative to equity. Further details on assets and liabilities are not available in the provided data.

Ownership & Pledges

As of June 30, 2026, promoters held 44.21% of the shares. Public shareholding was 44.13%, while FIIs held 6.00% and DIIs held 5.66%. Institutional holding accounted for 11.66%. There are no promoter shares pledged, with promoter pledge at 0%.

Shareholding Changes

Promoter holding has decreased from 53.25% in March 2021 to 44.21% in June 2026. Public shareholding has increased from 33.08% in March 2021 to 44.13% in June 2026. FII holding has shown fluctuations, currently at 6.00% as of June 2026, down from 7.07% in March 2021. The number of shareholders has significantly increased from 19716 in September 2020 to 640983 in June 2026.

Data as of — price: 2026-07-29 · financials: Jun 26 · shareholding: Jun 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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