Happiest Minds Technologies Ltd

NSE :HAPPSTMNDS   BSE :543227  Sector : IT - Software
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13 May
823.00
(1.87%)
10 May
807.90
(-0.29%)
09 May
810.25
(-1.44%)
08 May
822.05
(0.01%)
07 May
821.95
(2.02%)
06 May
805.70
(-0.24%)
03 May
807.65
(-0.43%)
02 May
811.15
(-0.41%)
30 Apr
814.50
(0.02%)
29 Apr
814.30
(-0.39%)
26 Apr
817.45
(-0.29%)
25 Apr
819.85
(0.10%)
24 Apr
819.05
(0.97%)
23 Apr
811.15
(0.22%)
22 Apr
809.35
(-0.37%)
19 Apr
812.35
(0.43%)
18 Apr
808.90
(-0.51%)
16 Apr
813.05
(1.50%)
15 Apr
801.05
(-2.54%)
12 Apr
821.95
(0.38%)
10 Apr
818.85
(-0.33%)


Technical Analysis

Short Term Investors

Very Bullish

Medium Term Investors

Very Bullish

Long Term Investors

Bearish

Moving Averages

5 DMA
Bullish

817.16


10 DMA
Bullish

813.74


20 DMA
Bullish

813.59


50 DMA
Bullish

811.28


100 DMA
Bearish

845.21


200 DMA
Bearish

862.23



Intraday Support and Resistance
(Based on Pivot Points) |

Updated On May 13, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 866.91 845.73 831.95 - -
R2 845.73 833.3 828.97 848.19 -
R1 834.36 825.61 825.98 839.28 840.05
P 813.18 813.18 813.18 815.64 816.03
S1 801.81 800.75 820.02 806.73 807.5
S2 780.63 793.06 817.03 783.09 -
S3 769.26 780.63 814.05 - -

Key Metrics

EPS

16.07

P/E

51.22

P/B

8.5

Dividend Yield

0.69%

Market Cap

12,532 Cr.

Face Value

2

Book Value

96.82

ROE

30.7%

EBITDA Growth

120.17 Cr.

Debt/Equity

0.52

Shareholding Pattern

  50.24% Total Promoter Holding
1.32% Mutual Fund Holdings
4.69% FIIs
40.57% Non Institution
1.25% Insurance Companies
1.92% Custodians
0.01% Other Parties

Shareholding History


Quarterly Result (Figures in Rs. Crores)


Happiest Minds Technologies Ltd Quaterly Results


Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
INCOME 386.43 404.53 428.83 435.24 455.45
PROFIT 57.66 58.33 58.46 58.84 62.81
EPS 4.01 4.04 3.92 3.98 4.79

Happiest Minds Technologies Ltd Quaterly Results


Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
INCOME 351.04 370.98 392.28 421.24 401.07
PROFIT 51.26 57.44 54.53 78.97 53.68
EPS 3.56 3.98 3.66 5.32 3.59

Profit & Loss (Figures in Rs. Crores)


Happiest Minds Technologies Ltd Profit & Loss


Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 601.81 714.23 797.65 1130.75 1450.4
PROFIT 26.84 82.71 162.46 185.63 235.6
EPS 0 0 11.45 12.7 16.12

Happiest Minds Technologies Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 177.97 276.2 350.92 445.82 460.23 601.61 714.19 784.38 1071.25 1354.89
PROFIT -66.25 -31.67 -0.19 -4.56 -22.79 33.99 84.43 161.93 186.41 216.38
EPS -23.35 -8.93 1.51 1.17 -3.52 1.38 16.71 11.42 13.07 15.1

Balance Sheet (Figures in Rs. Crores)

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
SOURCES OF FUNDS :
Share Capital 28.6628.5428.3745.1328.27
Reserves Total 810.16637.26517.62220.18-94.32
Total Shareholders Funds838.82665.8545.99265.31-66.05
Secured Loans 399.55190.64166.378.4375.91
Unsecured Loans 134.259.1126.4535.4745.46
Total Debt533.75249.75192.75113.9121.37
Other Liabilities44.6231.4941.0812.559.4
Total Liabilities1,417.19947.04779.82391.7664.72
APPLICATION OF FUNDS :
Gross Block 488.48197.2138.6573.0486.92
Less: Accumulated Depreciation56.8939.610.3635.2325.81
Net Block431.59157.6128.2937.8161.11
Capital Work in Progress2.660.350.140.170.17
Investments 12.96471.62391.4883.3798.15
Sundry Debtors 213.19167.38121.92114.87129.27
Cash and Bank Balance691.83168145.18189.626.27
Loans and Advances 167.96128.0185.9557.380.3
Total Current Assets1,072.98463.39353.05361.77235.84
Current Liabilities 180.12156.32119.8103.93338.82
Provisions 22.9216.9715.0812.469.98
Total Current Liabilities & Provisions203.04173.29134.88116.39348.8
Net Current Assets869.94290.1218.17245.38-112.96
Deferred Tax Assets17.0813.2310.2600
Deferred Tax Liability25.2210.947.2500
Net Deferred Tax-8.142.293.0100
Other Assets108.1825.0838.7325.0318.25
Total Assets1,417.19947.04779.82391.7664.72
Contingent Liabilities0012.8910.074.6
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 28.6628.5428.3745.1328.2748.6548.3941.4540.0835.01
Reserves Total 797.32641.2518.3220.48-95.86143.24155.5684.3476.162.39
Equity Share Warrants000000000.020
Equity Application Money00000000.012.510.29
Total Shareholders Funds825.98669.74546.67265.61-67.59191.89203.95125.8118.7197.69
Secured Loans 399.55190.64166.378.43339.1386.6850.0733.7813.477.26
Unsecured Loans 143.259.1126.4535.4344.9310.193.562.6400
Total Debt542.75249.75192.75113.86384.0696.8753.6336.4213.477.26
Other Liabilities41.7518.5841.0812.559.413.896.164.215.445.73
Total Liabilities1,410.48938.07780.5392.02325.87302.65263.74166.43137.62110.68
APPLICATION OF FUNDS :
Gross Block 231.8392.0837.1763.7372.1970.4131.8424.2717.6414.28
Less : Accumulated Depreciation 32.8128.68.2525.9311.0926.3721.1115.8811.066.16
Net Block 199.0263.4828.9237.861.144.0410.738.396.588.12
Capital Work in Progress2.660.350.140.170.170.140.280.1100
Investments 197.19524.25488.6883.3798.15160.7155.3369.7568.0850.51
Sundry Debtors 198.85161.27116.1114.87127.5293.9367.0368.1961.3557.91
Cash and Bank Balance674.07156.72138.87189.5726.0514.937.1714.467.823.49
Loans and Advances 161.12121.9485.2557.380.6126.1754.3734.0220.838.77
Total Current Assets1,034.04439.93340.22361.74234.18135.03128.57116.6790.0170.18
Current Liabilities 148.35130.14111.37103.6375.9447.8439.7840.0140.9229.37
Provisions 17.5714.5815.0812.469.989.197.787.042.960.33
Total Current Liabilities & Provisions165.92144.72126.45116.0985.9257.0347.5647.0543.8829.69
Net Current Assets868.12295.21213.77245.65148.267881.0169.6246.1340.48
Deferred Tax Assets14.2212.610.260000000
Deferred Tax Liability1.765.6300000000
Net Deferred Tax12.466.9710.260000000
Other Assets131.0347.8138.7325.0318.1919.7716.3918.5616.8311.57
Total Assets1,410.48938.07780.5392.02325.87302.65263.74166.43137.63110.67
Contingent Liabilities0012.8910.074.604.31.591.751.48

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...309.86
Depreciation41.91
Interest (Net)-4.24
P/L in Forex12.19
Fin. Lease and Rental Charges-0.71
Others-20.34
Total Adjustments (PBT and Ext...48.66
Operating Profit before Workin...358.52
Trade and 0ther Receivables-34.68
Trade Payables7.56
Loans and Advances9.64
Total Adjustments (OP before W...-62.53
Cash Generated from/(used in) ...295.99
Direct Taxes Paid-88.82
Total Adjustments(Cash Generat...-88.82
Cash Flow before Extraordinary...207.17
Net Cash from Operating Activi...207.17
Purchased of Fixed Assets-139.41
Purchase of Investments-8.27
Sale of Investments472.03
Interest Received4.45
Acquisition of Companies-109.87
Net Cash used in Investing Act...-347.73
Proceeds from Issue of shares ...1.47
Proceed from Issue of Debentur...45
Proceed from 0ther Long Term B...123.83
Proceed from Short Tem Borrowi...46.17
Of the Long Tem Borrowings-26.09
Of Financial Liabilities-25.48
Dividend Paid-57.15
Interest Paid-15.34
Net Cash used in Financing Act...72.07
Net Profit before Tax and Extr...291.68
Depreciation29.96
Interest (Net)-5.75
P/L in Forex12.09
Fin. Lease and Rental Charges-0.71
Total Adjustments (PBT and Ext...28.76
Operating Profit before Workin...320.44
Trade and 0ther Receivables-36.87
Trade Payables9.36
Loans and Advances-0.6
Total Adjustments (OP before W...-64.59
Cash Generated from/(used in) ...255.85
Direct Taxes Paid-84.06
Total Adjustments(Cash Generat...-84.06
Cash Flow before Extraordinary...171.79
Net Cash from Operating Activi...171.79
Purchased of Fixed Assets-135.05
Sale of Investments472.03
Interest Received4.4
Acquisition of Companies-109.87
Net Cash used in Investing Act...-341.79
Proceeds from Issue of shares ...1.47
Proceed from Issue of Debentur...45
Proceed from 0ther Long Term B...132.83
Proceed from Short Tem Borrowi...47.21
Of the Long Tem Borrowings-26.09
Of Financial Liabilities-25.48
Dividend Paid-57.15
Interest Paid-15.33
Net Cash used in Financing Act...102.46

Company Details

Registered Office
Address53/1-4 Hosur Main Road,
Madivala (Next to PoliceStatio
CityBangaluru
StateKarnataka
Pin Code560068
Tel. No.91-80-61960300/61960400
Fax. No.91-80-61960700
Emailinvestors@happiestminds.com
Internethttp://www.happiestminds.com
Registrars
Address53/1-4 Hosur Main Road
CityBangaluru
StateKarnataka
Pin Code560068
Tel. No.91-80-61960300/61960400
Fax. No.91-80-61960700
Emailinvestors@happiestminds.com
Internethttp://www.happiestminds.com
Management
Name Designation
Ashok SootaExecutive Chairman
Venkatraman NarayananManaging Director & CFO
Anita RamachandranIndependent Director
Rajendra Kumar SrivastavaIndependent Director
Shubha Rao MayyaIndependent Director
Praveen Kumar DarshankarCompany Sec. & Compli. Officer
Joseph AnantharajuExecutive Vice Chairman & CEO