down arrow

Happiest Minds

  • Market Cap: Mid Cap
  • Industry: IT - Software
  • ISIN: INE419U01012
  • NSEID: HAPPSTMNDS
  • BSEID: 543227
INR
558.05
14.75 (2.71%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 2.21 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

2.21 lacs (-9.32%) Volume

Shareholding (Dec 2024)

FII

5.34%

Held by 93 FIIs

DII

6.08%

Held by 12 DIIs

Promoter

44.22%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Flat results in Dec 24

  • INTEREST(HY) At Rs 54.92 cr has Grown at 82.10 %
  • PBT LESS OI(Q) At Rs 45.98 cr has Fallen at -6.6 %
  • NON-OPERATING INCOME(Q) is 33.30 % of Profit Before Tax (PBT)
2

Stock is technically in a Bearish range

3

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

IT - Software

stock-summary
Market cap

INR 8,498 Cr (Mid Cap)

stock-summary
P/E

39.00

stock-summary
Industry P/E

26

stock-summary
Dividend Yield

1.06%

stock-summary
Debt Equity

-0.13

stock-summary
Return on Equity

14.54%

stock-summary
Price to Book

5.43

Revenue and Profits (1 Year):
Net Sales:
531 Cr
(Quarterly Results - Dec 2024)
Net Profit:
50 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.06%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-30.32%
0.33%
-29.99%
1 Year
-31.82%
0.71%
-31.11%
2 Years
-30.89%
1.36%
-29.53%
3 Years
-50.4%
1.81%
-48.59%
4 Years
-13.69%
2.74%
-10.95%
5 Years
0%
0%
0.0%

Latest dividend: 2.5 per share ex-dividend date: Nov-27-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
27.18%
EBIT Growth (5y)
19.29%
EBIT to Interest (avg)
14.69
Debt to EBITDA (avg)
1.44
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.02
Tax Ratio
26.09%
Dividend Payout Ratio
34.57%
Pledged Shares
1.76%
Institutional Holding
11.42%
ROCE (avg)
34.53%
ROE (avg)
24.91%
Valuation key factors
Factor
Value
P/E Ratio
39
Industry P/E
26
Price to Book Value
5.43
EV to EBIT
29.60
EV to EBITDA
22.83
EV to Capital Employed
6.10
EV to Sales
4.17
PEG Ratio
NA
Dividend Yield
1.06%
ROCE (Latest)
20.10%
ROE (Latest)
14.54%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

1.758

Mutual Funds

Held by 14 Schemes (3.67%)

FIIs

Held by 93 FIIs (5.34%)

Promoter with highest holding

Ashok Soota (32.34%)

Highest Public shareholder

Sbi Long Term Advantage Fund - Series Vi (3.19%)

Individual Investors Holdings

34.69%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 1.76% vs 12.47% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 1.17% vs -2.96% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "530.81",
          "val2": "521.64",
          "chgp": "1.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "93.90",
          "val2": "91.80",
          "chgp": "2.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "26.93",
          "val2": "27.99",
          "chgp": "-3.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "50.10",
          "val2": "49.52",
          "chgp": "1.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.69%",
          "val2": "17.60%",
          "chgp": "0.09%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 23.57% vs 16.52% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -13.91% vs 0.90% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "985.46",
          "val2": "797.49",
          "chgp": "23.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "176.64",
          "val2": "171.94",
          "chgp": "2.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "47.82",
          "val2": "21.22",
          "chgp": "125.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "100.55",
          "val2": "116.79",
          "chgp": "-13.91%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.92%",
          "val2": "21.56%",
          "chgp": "-3.64%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 25.58% vs 14.84% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -14.60% vs 1.78% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,516.27",
          "val2": "1,207.37",
          "chgp": "25.58%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "270.54",
          "val2": "252.84",
          "chgp": "7.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "74.75",
          "val2": "31.94",
          "chgp": "134.03%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "1.07",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "150.65",
          "val2": "176.41",
          "chgp": "-14.60%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.84%",
          "val2": "20.94%",
          "chgp": "-3.10%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 13.67% vs 30.69% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 7.53% vs 27.48% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,624.66",
          "val2": "1,429.29",
          "chgp": "13.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "335.85",
          "val2": "358.86",
          "chgp": "-6.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "42.27",
          "val2": "21.86",
          "chgp": "93.37%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "14.02",
          "val2": "-6.34",
          "chgp": "321.14%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "248.39",
          "val2": "230.99",
          "chgp": "7.53%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.67%",
          "val2": "25.11%",
          "chgp": "-4.44%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
530.81
521.64
1.76%
Operating Profit (PBDIT) excl Other Income
93.90
91.80
2.29%
Interest
26.93
27.99
-3.79%
Exceptional Items
0.00
0.00
Consolidate Net Profit
50.10
49.52
1.17%
Operating Profit Margin (Excl OI)
17.69%
17.60%
0.09%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 1.76% vs 12.47% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 1.17% vs -2.96% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
985.46
797.49
23.57%
Operating Profit (PBDIT) excl Other Income
176.64
171.94
2.73%
Interest
47.82
21.22
125.35%
Exceptional Items
0.00
0.00
Consolidate Net Profit
100.55
116.79
-13.91%
Operating Profit Margin (Excl OI)
17.92%
21.56%
-3.64%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 23.57% vs 16.52% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -13.91% vs 0.90% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,516.27
1,207.37
25.58%
Operating Profit (PBDIT) excl Other Income
270.54
252.84
7.00%
Interest
74.75
31.94
134.03%
Exceptional Items
0.00
1.07
-100.00%
Consolidate Net Profit
150.65
176.41
-14.60%
Operating Profit Margin (Excl OI)
17.84%
20.94%
-3.10%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 25.58% vs 14.84% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -14.60% vs 1.78% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,624.66
1,429.29
13.67%
Operating Profit (PBDIT) excl Other Income
335.85
358.86
-6.41%
Interest
42.27
21.86
93.37%
Exceptional Items
14.02
-6.34
321.14%
Consolidate Net Profit
248.39
230.99
7.53%
Operating Profit Margin (Excl OI)
20.67%
25.11%
-4.44%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 13.67% vs 30.69% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 7.53% vs 27.48% in Mar 2023

stock-summaryCompany CV
About Happiest Minds Technologies Ltd stock-summary
stock-summary
Happiest Minds Technologies Ltd
Mid Cap
IT - Software
Incorporated on March 30, 2011, Happiest Minds Technologies Limited (formerly known as Happiest Minds Technlogies Private Limited) is engaged in next generation IT solutions & services Company, enabling organizations to capture the business benefits of emerging technologies of Cloud Computing, Social Media, Mobility Solutions, Business Intelligence, Analytics, Unified Communications and Internet of Things.
Company Coordinates stock-summary
Company Details
53/1-4 Hosur Main Road, Madivala (Next to PoliceStatio Bangaluru Karnataka : 560068
stock-summary
Tel: 91-80-61960300/61960400
stock-summary
investors@happiestminds.com
Registrar Details