Happiest Minds Technologies Limited

HAPPSTMNDS.NS · NSE

Price₹0.00+0.00 (+0.00%)

Price History

Volume & Moving Averages

Price50D200D

Analyst Price Target

₹0.00▲ 0.0% above current price

Range: ₹0.00 – ₹0.00 · 0 analysts

Based on Wall Street analyst estimates — not a Stockinder prediction.

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Ownership

Insider and institutional holdings, from Yahoo Finance — for Indian companies this roughly tracks promoter (insiders) and combined FII/DII (institutions) stakes, though not split out the same way a shareholding-pattern filing would.

Insiders46.0%

Institutions8.2%

Public / Other

Quarterly Resultsin ₹ Cr

	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30
Total money the company brought in from its core business during the quarter, before any costs are subtracted.	₹629.00 Cr	₹604.00 Cr	₹588.00 Cr	₹574.00 Cr	₹550.00 Cr	₹545.00 Cr	₹531.00 Cr	₹522.00 Cr	₹464.00 Cr	₹417.00 Cr	₹410.00 Cr	₹407.00 Cr
How much sales grew (or shrank) compared to the same quarter a year earlier — a cleaner read on momentum than comparing to the prior quarter, which can be skewed by seasonality.	+14.4%	+10.8%	+10.7%	+10.0%	+18.5%	+30.7%	+29.5%	+28.3%	–	–	–	–
Total operating costs for the quarter — everything subtracted from sales to arrive at operating profit.	₹511.00 Cr	₹500.00 Cr	₹480.00 Cr	₹475.00 Cr	₹456.00 Cr	₹461.00 Cr	₹437.00 Cr	₹430.00 Cr	₹379.00 Cr	₹334.00 Cr	₹329.00 Cr	₹324.00 Cr
Sales minus expenses — profit from core operations before depreciation, interest, and tax.	₹118.00 Cr	₹104.00 Cr	₹107.00 Cr	₹99.00 Cr	₹94.00 Cr	₹84.00 Cr	₹94.00 Cr	₹92.00 Cr	₹85.00 Cr	₹83.00 Cr	₹81.00 Cr	₹83.00 Cr
Operating profit as a percentage of sales — how much of each rupee of sales the core business keeps before depreciation, interest, and tax.	19.0%	17.0%	18.0%	17.0%	17.0%	15.0%	18.0%	18.0%	18.0%	20.0%	20.0%	20.0%
Income from outside core operations — investment gains, interest earned, asset sales, one-time items. A large share of profit coming from here (rather than the core business) is worth noticing.	₹24.00 Cr	₹21.00 Cr	-₹6.00 Cr	₹22.00 Cr	₹30.00 Cr	₹14.00 Cr	₹23.00 Cr	₹27.00 Cr	₹25.00 Cr	₹38.00 Cr	₹25.00 Cr	₹22.00 Cr
Exceptional items	₹0.00 Cr	₹3.44 Cr	-₹22.03 Cr	₹0.00 Cr	₹0.00 Cr	-₹12.16 Cr	₹0.00 Cr	₹0.00 Cr	₹0.00 Cr	₹12.95 Cr	₹1.07 Cr	₹0.00 Cr
Other income normal	₹23.69 Cr	₹17.61 Cr	₹15.72 Cr	₹21.61 Cr	₹30.03 Cr	₹25.95 Cr	₹22.96 Cr	₹27.03 Cr	₹25.44 Cr	₹25.21 Cr	₹24.29 Cr	₹22.21 Cr
The cost of servicing the company's debt during the period.	₹28.00 Cr	₹23.00 Cr	₹25.00 Cr	₹25.00 Cr	₹25.00 Cr	₹25.00 Cr	₹27.00 Cr	₹28.00 Cr	₹20.00 Cr	₹10.00 Cr	₹11.00 Cr	₹11.00 Cr
The non-cash accounting charge that spreads the cost of long-lived assets (equipment, buildings, intangibles) over their useful life.	₹23.00 Cr	₹22.00 Cr	₹22.00 Cr	₹22.00 Cr	₹22.00 Cr	₹23.00 Cr	₹21.00 Cr	₹23.00 Cr	₹22.00 Cr	₹15.00 Cr	₹15.00 Cr	₹15.00 Cr
Profit after all operating costs, other income, interest, and depreciation — but before tax is subtracted.	₹90.00 Cr	₹80.00 Cr	₹54.00 Cr	₹73.00 Cr	₹77.00 Cr	₹50.00 Cr	₹69.00 Cr	₹68.00 Cr	₹68.00 Cr	₹96.00 Cr	₹81.00 Cr	₹79.00 Cr
Tax paid as a percentage of pre-tax profit. A rate well below the normal corporate rate can mean a one-time tax benefit rather than a durable advantage.	25.0%	24.0%	26.0%	26.0%	26.0%	33.0%	27.0%	27.0%	25.0%	25.0%	26.0%	26.0%
The company's bottom-line profit for the quarter after all expenses, interest, depreciation, and taxes are subtracted.	₹68.00 Cr	₹61.00 Cr	₹40.00 Cr	₹54.00 Cr	₹57.00 Cr	₹34.00 Cr	₹50.00 Cr	₹50.00 Cr	₹51.00 Cr	₹72.00 Cr	₹60.00 Cr	₹58.00 Cr
Net profit as a percentage of sales — how much of each rupee of sales ultimately becomes bottom-line profit.	10.8%	10.1%	6.8%	9.4%	10.4%	6.2%	9.4%	9.6%	11.0%	17.3%	14.6%	14.3%
Net profit divided by the number of shares outstanding for the quarter — profit attributable to each share.	₹4.44	₹4.02	₹2.65	₹3.55	₹3.75	₹2.23	₹3.29	₹3.25	₹3.35	₹4.73	₹3.92	₹3.84

Income Statementin ₹ Cr

	TTM	2026-03-31	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31
Total money the company brought in from its core business during the period, before any costs are subtracted.	₹2,394.00 Cr	₹2,315.00 Cr	₹2,061.00 Cr	₹1,625.00 Cr	₹1,429.00 Cr	₹1,094.00 Cr	₹773.00 Cr	₹698.00 Cr	₹590.00 Cr
Earnings before interest, taxes, depreciation, and amortization — profit from core operations before those items, often used to compare companies regardless of how they're financed or how much they depreciate.	₹427.00 Cr	₹403.00 Cr	₹354.00 Cr	₹336.00 Cr	₹359.00 Cr	₹258.00 Cr	₹191.00 Cr	₹97.00 Cr	₹55.00 Cr
The non-cash accounting charge that spreads the cost of long-lived assets (equipment, buildings, intangibles) over their useful life.	₹88.00 Cr	₹88.00 Cr	₹89.00 Cr	₹58.00 Cr	₹42.00 Cr	₹33.00 Cr	₹23.00 Cr	₹20.00 Cr	₹25.00 Cr
Profit from core operations after subtracting the cost of revenue and operating expenses like R&D and marketing, but before interest and taxes.	₹339.00 Cr	₹315.00 Cr	₹265.00 Cr	₹278.00 Cr	₹317.00 Cr	₹225.00 Cr	₹168.00 Cr	₹77.00 Cr	₹30.00 Cr
Operating income as a percentage of revenue.	14.2%	13.6%	12.9%	17.1%	22.2%	20.6%	21.7%	11.0%	5.1%
Income from outside core operations — investment gains, interest earned, asset sales, one-time items. A large share of profit coming from here (rather than the core business) is worth noticing.	₹60.00 Cr	₹66.00 Cr	₹89.00 Cr	₹99.00 Cr	₹15.00 Cr	₹31.00 Cr	₹24.00 Cr	₹5.00 Cr	-₹1.00 Cr
Exceptional items	–	-₹18.00 Cr	-₹12.00 Cr	₹14.00 Cr	-₹6.00 Cr	-₹6.00 Cr	₹0.00 Cr	-₹11.00 Cr	-₹13.00 Cr
Other income normal	–	₹85.00 Cr	₹101.00 Cr	₹85.00 Cr	₹21.00 Cr	₹37.00 Cr	₹24.00 Cr	₹16.00 Cr	₹11.00 Cr
The cost of servicing the company's debt during the period.	₹101.00 Cr	₹97.00 Cr	₹99.00 Cr	₹42.00 Cr	₹22.00 Cr	₹10.00 Cr	₹7.00 Cr	₹8.00 Cr	₹16.00 Cr
Profit after all operating costs, other income, interest, and depreciation — but before tax is subtracted.	₹298.00 Cr	₹284.00 Cr	₹255.00 Cr	₹335.00 Cr	₹310.00 Cr	₹246.00 Cr	₹186.00 Cr	₹74.00 Cr	₹13.00 Cr
Tax paid as a percentage of pre-tax profit. A rate well below the normal corporate rate can mean a one-time tax benefit rather than a durable advantage.	–	25.0%	28.0%	26.0%	25.0%	26.0%	13.0%	3.0%	-9.0%
The company's bottom-line profit after all expenses, interest, and taxes are subtracted.	₹223.00 Cr	₹213.00 Cr	₹185.00 Cr	₹248.00 Cr	₹231.00 Cr	₹181.00 Cr	₹162.00 Cr	₹72.00 Cr	₹14.00 Cr
Net income divided by the number of shares outstanding — profit attributable to each share.	₹14.66	₹13.96	₹12.13	₹16.31	₹15.73	₹12.34	₹11.06	₹14.52	₹3.82

Balance Sheetin ₹ Cr

	2026-03-31	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31
Physical, long-lived assets used in the business — property, plant, equipment.	₹1,172.00 Cr	₹1,211.00 Cr	₹413.00 Cr	₹432.00 Cr	₹158.00 Cr	₹128.00 Cr	₹38.00 Cr	₹61.00 Cr
Financial investments the company holds — securities, stakes in other entities, and similar holdings.	₹504.00 Cr	₹350.00 Cr	₹0.00 Cr	₹13.00 Cr	₹472.00 Cr	₹391.00 Cr	₹83.00 Cr	₹98.00 Cr
Everything else the company owns that isn't fixed assets or investments — includes cash, receivables, and inventory, which this data source doesn't break out separately.	₹1,909.00 Cr	₹1,761.00 Cr	₹1,822.00 Cr	₹1,181.00 Cr	₹491.00 Cr	₹395.00 Cr	₹387.00 Cr	₹254.00 Cr
Everything the company owns that has value — cash, property, inventory, investments, and more.	₹3,586.00 Cr	₹3,323.00 Cr	₹2,235.00 Cr	₹1,628.00 Cr	₹1,120.00 Cr	₹915.00 Cr	₹508.00 Cr	₹414.00 Cr
All of the company's interest-bearing borrowings, short and long term combined.	₹1,494.00 Cr	₹1,244.00 Cr	₹512.00 Cr	₹534.00 Cr	₹250.00 Cr	₹193.00 Cr	₹150.00 Cr	₹144.00 Cr
Everything the company owes that isn't interest-bearing debt — payables, provisions, and other obligations.	₹402.00 Cr	₹505.00 Cr	₹242.00 Cr	₹256.00 Cr	₹205.00 Cr	₹176.00 Cr	₹129.00 Cr	₹358.00 Cr
Everything the company owes — debt, unpaid bills, and other obligations.	₹3,586.00 Cr	₹3,323.00 Cr	₹2,235.00 Cr	₹1,628.00 Cr	₹1,120.00 Cr	₹915.00 Cr	₹508.00 Cr	₹414.00 Cr
The face value of shares issued to shareholders — the smaller, more static part of shareholders' equity (see Reserves for the larger, accumulated part).	₹30.00 Cr	₹30.00 Cr	₹30.00 Cr	₹29.00 Cr	₹29.00 Cr	₹28.00 Cr	₹9.00 Cr	₹6.00 Cr
Accumulated retained profits and other reserves built up over the company's history — usually the bulk of shareholders' equity.	₹1,659.00 Cr	₹1,545.00 Cr	₹1,450.00 Cr	₹810.00 Cr	₹637.00 Cr	₹518.00 Cr	₹220.00 Cr	-₹94.00 Cr
What would be left for shareholders if the company sold all its assets and paid off all its debts — total assets minus total liabilities.	₹1,689.00 Cr	₹1,575.00 Cr	₹1,480.00 Cr	₹839.00 Cr	₹666.00 Cr	₹546.00 Cr	₹229.00 Cr	-₹88.00 Cr

Cash Flow Statementin ₹ Cr

	2026-03-31	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31
Actual cash generated by the core business, as opposed to accounting profit, which can include non-cash items.	₹261.00 Cr	₹236.00 Cr	₹213.00 Cr	₹207.00 Cr	₹168.00 Cr	₹144.00 Cr	₹112.00 Cr	₹58.00 Cr
Cash spent on or received from investments — buying/selling physical assets, securities, or other businesses. Usually negative for a growing company (it's spending to invest).	-₹117.00 Cr	-₹731.00 Cr	-₹537.00 Cr	-₹348.00 Cr	-₹96.00 Cr	-₹271.00 Cr	-₹72.00 Cr	₹1.00 Cr
Cash flow from raising or repaying capital — issuing/repurchasing shares, taking on or repaying debt, paying dividends.	-₹144.00 Cr	₹499.00 Cr	₹363.00 Cr	₹72.00 Cr	-₹91.00 Cr	₹169.00 Cr	-₹13.00 Cr	-₹59.00 Cr
The total change in the company's cash balance during the period — operating, investing, and financing cash flow combined.	₹1.00 Cr	₹4.00 Cr	₹39.00 Cr	-₹68.00 Cr	-₹19.00 Cr	₹42.00 Cr	₹27.00 Cr	₹0.00 Cr
Cash left over after capital expenditures — money the company could use for dividends, buybacks, debt repayment, or reinvestment.	₹255.00 Cr	₹225.00 Cr	₹202.00 Cr	₹68.00 Cr	₹164.00 Cr	₹143.00 Cr	₹112.00 Cr	₹57.00 Cr

	You	Peer avg
P/E	24.1	32.3
Revenue Growth	+14.3%	+10.2%
ROE	13.3%	–

Happiest Minds Technologies Limited

Price History

Volume & Moving Averages

Analyst Price Target

About the company

Key Metrics

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Jarvis Analysis

Recent Notable Coverage

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Ownership

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Related Market Insights

Happiest Minds to Merge with ITC Infotech as Promoter Group Agrees to Sell 22.1% Stake

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Quarterly Resultsin ₹ Cr

Income Statementin ₹ Cr

Balance Sheetin ₹ Cr

Cash Flow Statementin ₹ Cr

Peer Comparison