Happiest Minds Technologies Ltd
NSE :HAPPSTMNDS BSE :543227 Sector : IT - SoftwareBuy, Sell or Hold HAPPSTMNDS? Ask The Analyst
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26 Mar 623.30 (-2.28%) | 25 Mar 637.85 (-1.38%) | 24 Mar 646.80 (-1.45%) | 21 Mar 656.30 (1.81%) | 20 Mar 644.65 (0.51%) | 19 Mar 641.40 (-0.23%) | 18 Mar 642.90 (-0.16%) | 17 Mar 643.95 (-3.74%) | 13 Mar 668.95 (-2.41%) | 12 Mar 685.45 (-1.50%) | 11 Mar 695.90 (-0.01%) | 10 Mar 696.00 (0.08%) | 07 Mar 695.45 (-0.01%) | 06 Mar 695.55 (-0.94%) | 05 Mar 702.15 (4.23%) | 04 Mar 673.65 (-1.60%) | 03 Mar 684.60 (-0.25%) | 28 Feb 686.30 (-1.98%) | 27 Feb 700.15 (-2.23%) | 25 Feb 716.15 (-0.74%) | 24 Feb 721.50 (7.29%) |
Technical Analysis
Short Term Investors

Very Bearish
Medium Term Investors

Very Bearish
Long Term Investors

Very Bearish
Moving Averages
5 DMA
Bearish
641.58
10 DMA
Bearish
649.07
20 DMA
Bearish
671.66
50 DMA
Bearish
687.06
100 DMA
Bearish
712.16
200 DMA
Bearish
761.45
Intraday Support and Resistance
(Based on Pivot Points) undefined |
Updated On Mar 26, 2025 04:00 PM For Next Trading Session
Pivots | Classic | Fibonacci | Camarilla | Woodie | DM |
---|---|---|---|---|---|
R3 | 658.79 | 650.37 | 629.34 | - | - |
R2 | 650.37 | 641.99 | 627.32 | 649.09 | - |
R1 | 636.84 | 636.8 | 625.31 | 634.28 | 643.6 |
P | 628.42 | 628.42 | 628.42 | 627.14 | 631.8 |
S1 | 614.89 | 620.04 | 621.29 | 612.33 | 621.65 |
S2 | 606.47 | 614.85 | 619.28 | 605.19 | - |
S3 | 592.94 | 606.47 | 617.26 | - | - |
Key Metrics
EPS
10.8
P/E
57.79
P/B
6.32
Dividend Yield
0.9%
Market Cap
9,491 Cr.
Face Value
2
Book Value
98.69
ROE
21.42%
EBITDA Growth
115.86 Cr.
Debt/Equity
0.45
Shareholding History
Quarterly Result (Figures in Rs. Crores)
Happiest Minds Technologies Ltd Quaterly Results
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | ||
INCOME | 435.24 | 455.45 | 489.26 | 548.67 | 553.77 | |
PROFIT | 58.84 | 62.81 | 51.03 | 49.52 | 50.1 | |
EPS | 3.98 | 4.79 | 3.39 | 3.29 | 3.33 |
Happiest Minds Technologies Ltd Quaterly Results
Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | ||
INCOME | 421.24 | 401.07 | 398.55 | 401.06 | 395.25 | |
PROFIT | 78.97 | 53.68 | 43.84 | 38.26 | 28.7 | |
EPS | 5.32 | 3.59 | 2.91 | 2.54 | 1.91 |
Profit & Loss (Figures in Rs. Crores)
Happiest Minds Technologies Ltd Profit & Loss
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | ||
INCOME | 601.81 | 714.23 | 797.65 | 1130.75 | 1451.88 | 1726.09 | |
PROFIT | 26.84 | 82.71 | 162.46 | 185.63 | 235.6 | 238.36 | |
EPS | 0 | 0 | 11.45 | 12.7 | 16.12 | 16.63 |
Happiest Minds Technologies Ltd Profit & Loss
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | ||
INCOME | 276.2 | 350.92 | 445.82 | 460.23 | 601.61 | 714.19 | 784.38 | 1071.25 | 1356.22 | 1587.52 | |
PROFIT | -31.67 | -0.19 | -4.56 | -22.79 | 33.99 | 84.43 | 161.93 | 186.41 | 216.38 | 244.67 | |
EPS | -8.93 | 1.51 | 1.17 | -3.52 | 1.38 | 16.71 | 11.42 | 13.07 | 15.1 | 16.45 |
Balance Sheet (Figures in Rs. Crores)
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | |
SOURCES OF FUNDS : | ||||||
Share Capital | 29.87 | 28.66 | 28.54 | 28.37 | 45.13 | 28.27 |
Reserves Total | 1,450.37 | 810.16 | 637.26 | 517.62 | 220.18 | -94.32 |
Total Shareholders Funds | 1,480.24 | 838.82 | 665.8 | 545.99 | 265.31 | -66.05 |
Secured Loans | 317.37 | 399.55 | 190.64 | 166.3 | 78.43 | 75.91 |
Unsecured Loans | 194.82 | 134.2 | 59.11 | 26.45 | 35.47 | 45.46 |
Total Debt | 512.19 | 533.75 | 249.75 | 192.75 | 113.9 | 121.37 |
Other Liabilities | 37.39 | 44.62 | 31.49 | 41.08 | 12.55 | 9.4 |
Total Liabilities | 2,029.82 | 1,417.19 | 947.04 | 779.82 | 391.76 | 64.72 |
APPLICATION OF FUNDS : | ||||||
Gross Block | 500.76 | 488.48 | 197.2 | 138.65 | 73.04 | 86.92 |
Less: Accumulated Depreciation | 87.82 | 56.89 | 39.6 | 10.36 | 35.23 | 25.81 |
Net Block | 412.94 | 431.59 | 157.6 | 128.29 | 37.81 | 61.11 |
Capital Work in Progress | 0.31 | 2.66 | 0.35 | 0.14 | 0.17 | 0.17 |
Investments | 0 | 12.96 | 471.62 | 391.48 | 83.37 | 98.15 |
Sundry Debtors | 254.44 | 213.19 | 167.38 | 121.92 | 114.87 | 129.27 |
Cash and Bank Balance | 1,336.53 | 691.83 | 168 | 145.18 | 189.6 | 26.27 |
Loans and Advances | 186.8 | 167.96 | 128.01 | 85.95 | 57.3 | 80.3 |
Total Current Assets | 1,777.77 | 1,072.98 | 463.39 | 353.05 | 361.77 | 235.84 |
Current Liabilities | 183.46 | 180.12 | 156.32 | 119.8 | 103.93 | 338.82 |
Provisions | 21.48 | 22.92 | 16.97 | 15.08 | 12.46 | 9.98 |
Total Current Liabilities & Provisions | 204.94 | 203.04 | 173.29 | 134.88 | 116.39 | 348.8 |
Net Current Assets | 1,572.83 | 869.94 | 290.1 | 218.17 | 245.38 | -112.96 |
Deferred Tax Assets | 40.55 | 31.64 | 13.23 | 10.26 | 0 | 0 |
Deferred Tax Liability | 37.22 | 39.78 | 10.94 | 7.25 | 0 | 0 |
Net Deferred Tax | 3.33 | -8.14 | 2.29 | 3.01 | 0 | 0 |
Other Assets | 40.41 | 108.18 | 25.08 | 38.73 | 25.03 | 18.25 |
Total Assets | 2,029.82 | 1,417.19 | 947.04 | 779.82 | 391.76 | 64.72 |
Contingent Liabilities | 0 | 0 | 0 | 12.89 | 10.07 | 4.6 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
SOURCES OF FUNDS : | ||||||||||
Share Capital | 29.87 | 28.66 | 28.54 | 28.37 | 45.13 | 28.27 | 48.65 | 48.39 | 41.45 | 40.08 |
Reserves Total | 1,443.83 | 797.32 | 641.2 | 518.3 | 220.48 | -95.86 | 143.24 | 155.56 | 84.34 | 76.1 |
Equity Share Warrants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 |
Equity Application Money | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 2.51 |
Total Shareholders Funds | 1,473.7 | 825.98 | 669.74 | 546.67 | 265.61 | -67.59 | 191.89 | 203.95 | 125.8 | 118.71 |
Secured Loans | 317.37 | 422.55 | 190.64 | 166.3 | 78.43 | 339.13 | 86.68 | 50.07 | 33.78 | 13.47 |
Unsecured Loans | 194.82 | 120.2 | 59.11 | 26.45 | 35.43 | 44.93 | 10.19 | 3.56 | 2.64 | 0 |
Total Debt | 512.19 | 542.75 | 249.75 | 192.75 | 113.86 | 384.06 | 96.87 | 53.63 | 36.42 | 13.47 |
Other Liabilities | 33.89 | 41.75 | 18.58 | 41.08 | 12.55 | 9.4 | 13.89 | 6.16 | 4.21 | 5.44 |
Total Liabilities | 2,019.78 | 1,410.48 | 938.07 | 780.5 | 392.02 | 325.87 | 302.65 | 263.74 | 166.43 | 137.62 |
APPLICATION OF FUNDS : | ||||||||||
Gross Block | 243.44 | 231.83 | 92.08 | 37.17 | 63.73 | 72.19 | 70.41 | 31.84 | 24.27 | 17.64 |
Less : Accumulated Depreciation | 40.36 | 32.81 | 28.6 | 8.25 | 25.93 | 11.09 | 26.37 | 21.11 | 15.88 | 11.06 |
Net Block | 203.08 | 199.02 | 63.48 | 28.92 | 37.8 | 61.1 | 44.04 | 10.73 | 8.39 | 6.58 |
Capital Work in Progress | 0.31 | 2.66 | 0.35 | 0.14 | 0.17 | 0.17 | 0.14 | 0.28 | 0.11 | 0 |
Investments | 197.19 | 197.19 | 524.25 | 488.68 | 83.37 | 98.15 | 160.7 | 155.33 | 69.75 | 68.08 |
Sundry Debtors | 231.96 | 198.85 | 161.27 | 116.1 | 114.87 | 127.52 | 93.93 | 67.03 | 68.19 | 61.35 |
Cash and Bank Balance | 1,323.55 | 674.07 | 156.72 | 138.87 | 189.57 | 26.05 | 14.93 | 7.17 | 14.46 | 7.82 |
Loans and Advances | 197.3 | 161.12 | 121.94 | 85.25 | 57.3 | 80.61 | 26.17 | 54.37 | 34.02 | 20.83 |
Total Current Assets | 1,752.81 | 1,034.04 | 439.93 | 340.22 | 361.74 | 234.18 | 135.03 | 128.57 | 116.67 | 90.01 |
Current Liabilities | 167.19 | 148.35 | 130.14 | 111.37 | 103.63 | 75.94 | 47.84 | 39.78 | 40.01 | 40.92 |
Provisions | 20.9 | 17.57 | 14.58 | 15.08 | 12.46 | 9.98 | 9.19 | 7.78 | 7.04 | 2.96 |
Total Current Liabilities & Provisions | 188.09 | 165.92 | 144.72 | 126.45 | 116.09 | 85.92 | 57.03 | 47.56 | 47.05 | 43.88 |
Net Current Assets | 1,564.72 | 868.12 | 295.21 | 213.77 | 245.65 | 148.26 | 78 | 81.01 | 69.62 | 46.13 |
Deferred Tax Assets | 20.22 | 14.22 | 12.6 | 10.26 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Tax Liability | 3.86 | 1.76 | 5.63 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net Deferred Tax | 16.36 | 12.46 | 6.97 | 10.26 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Assets | 38.12 | 131.03 | 47.81 | 38.73 | 25.03 | 18.19 | 19.77 | 16.39 | 18.56 | 16.83 |
Total Assets | 2,019.78 | 1,410.48 | 938.07 | 780.5 | 392.02 | 325.87 | 302.65 | 263.74 | 166.43 | 137.63 |
Contingent Liabilities | 0 | 0 | 0 | 12.89 | 10.07 | 4.6 | 0 | 4.3 | 1.59 | 1.75 |
Cash Flow (Figures in Rs. Crores)
Net Profit before Tax and Extr... | 334.68 |
Depreciation | 58.29 |
Interest (Net) | -37.31 |
Prov. and W/O (Net) | 4.52 |
P/L in Forex | -0.84 |
Others | -16.59 |
Total Adjustments (PBT and Ext... | 10.93 |
Operating Profit before Workin... | 345.61 |
Trade and 0ther Receivables | -45.33 |
Trade Payables | 8.23 |
Loans and Advances | 0.27 |
Total Adjustments (OP before W... | -30.63 |
Cash Generated from/(used in) ... | 314.98 |
Direct Taxes Paid | -102.42 |
Total Adjustments(Cash Generat... | -102.42 |
Cash Flow before Extraordinary... | 212.56 |
Net Cash from Operating Activi... | 212.56 |
Purchased of Fixed Assets | -10.3 |
Sale of Fixed Assets | 0.04 |
Purchase of Investments | -25.5 |
Sale of Investments | 25.68 |
Interest Received | 72.14 |
Net Cash used in Investing Act... | -537.05 |
Proceeds from Issue of shares ... | 487.37 |
Proceed from Issue of Debentur... | 80 |
Of the Long Tem Borrowings | -26.08 |
Of the Short Term Borrowings | -14.39 |
Of Financial Liabilities | -27.75 |
Dividend Paid | -86.04 |
Interest Paid | -33.05 |
Net Cash used in Financing Act... | 363.47 |
Net Profit before Tax and Extr... | 324.96 |
Depreciation | 34.3 |
Interest (Net) | -38.09 |
Dividend Received | 25 |
Prov. and W/O (Net) | 3.55 |
P/L in Forex | -1.05 |
Others | -12.44 |
Total Adjustments (PBT and Ext... | -27.43 |
Operating Profit before Workin... | 297.53 |
Trade and 0ther Receivables | -36.56 |
Trade Payables | 6.33 |
Loans and Advances | 0.48 |
Total Adjustments (OP before W... | -23.92 |
Cash Generated from/(used in) ... | 273.61 |
Direct Taxes Paid | -84.54 |
Total Adjustments(Cash Generat... | -84.54 |
Cash Flow before Extraordinary... | 189.07 |
Net Cash from Operating Activi... | 189.07 |
Purchased of Fixed Assets | -10.3 |
Purchase of Investments | -25.5 |
Sale of Investments | 25.68 |
Interest Received | 72.53 |
Net Cash used in Investing Act... | -505.85 |
Proceeds from Issue of shares ... | 487.37 |
Proceed from Issue of Debentur... | 80 |
Of the Long Tem Borrowings | -35.08 |
Of the Short Term Borrowings | -14.39 |
Of Financial Liabilities | -27.75 |
Dividend Paid | -86.04 |
Interest Paid | -33.46 |
Net Cash used in Financing Act... | 358.21 |
Company Details
Registered Office |
|
Address | 53/1-4 Hosur Main Road, Madivala (Next to PoliceStatio |
City | Bangaluru |
State | Karnataka |
Pin Code | 560068 |
Tel. No. | 91-80-61960300/61960400 |
Fax. No. | 91-80-61960700 |
investors@happiestminds.com | |
Internet | http://www.happiestminds.com |
Registrars |
|
Address | 53/1-4 Hosur Main Road |
City | Bangaluru |
State | Karnataka |
Pin Code | 560068 |
Tel. No. | 91-80-61960300/61960400 |
Fax. No. | 91-80-61960700 |
investors@happiestminds.com | |
Internet | http://www.happiestminds.com |
Management |
|
Name | Designation |
Ashok Soota | Chairman & Mentor |
Venkatraman Narayanan | Managing Director & CFO |
Anita Ramachandran | Independent Director |
Rajendra Kumar Srivastava | Independent Director |
Shubha Rao Mayya | Independent Director |
Praveen Kumar Darshankar | Company Sec. & Compli. Officer |
Joseph Anantharaju | Co-Chairman |
Seshashayee Sridhara | Independent Director |
Rajiv Indravadan Shah | Executive Director |