Happiest Minds Technologies Ltd
Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company[1]
- Market Cap ₹ 12,574 Cr.
- Current Price ₹ 826
- High / Low ₹ 1,020 / 738
- Stock P/E 52.8
- Book Value ₹ 97.2
- Dividend Yield 0.70 %
- ROCE 21.6 %
- ROE 20.6 %
- Face Value ₹ 2.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.2%
- Company has been maintaining a healthy dividend payout of 32.5%
Cons
- Stock is trading at 8.49 times its book value
- Promoter holding has decreased over last 3 years: -3.01%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
590 | 698 | 773 | 1,094 | 1,429 | 1,625 | |
535 | 601 | 582 | 836 | 1,070 | 1,289 | |
Operating Profit | 55 | 97 | 191 | 258 | 359 | 336 |
OPM % | 9% | 14% | 25% | 24% | 25% | 21% |
-1 | 5 | 24 | 31 | 15 | 99 | |
Interest | 16 | 8 | 6 | 10 | 22 | 42 |
Depreciation | 25 | 20 | 23 | 33 | 42 | 58 |
Profit before tax | 13 | 74 | 186 | 246 | 310 | 335 |
Tax % | -9% | 3% | 13% | 26% | 25% | 26% |
14 | 72 | 162 | 181 | 231 | 248 | |
EPS in Rs | 3.82 | 14.52 | 11.06 | 12.34 | 15.73 | 16.31 |
Dividend Payout % | 0% | 0% | 26% | 30% | 34% | 35% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 28% |
TTM: | 14% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 55% |
3 Years: | 14% |
TTM: | 1% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -11% |
1 Year: | -16% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 30% |
3 Years: | 26% |
Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 6 | 9 | 28 | 29 | 29 | 30 |
Reserves | -94 | 220 | 518 | 637 | 810 | 1,450 |
Preference Capital | 22 | 36 | 0 | 0 | 0 | 0 |
121 | 114 | 193 | 250 | 534 | 512 | |
380 | 165 | 176 | 205 | 256 | 242 | |
Total Liabilities | 414 | 508 | 915 | 1,120 | 1,628 | 2,235 |
61 | 38 | 128 | 158 | 432 | 413 | |
CWIP | 0 | 0 | 0 | 0 | 3 | 0 |
Investments | 98 | 83 | 391 | 472 | 13 | 0 |
254 | 387 | 395 | 491 | 1,181 | 1,822 | |
Total Assets | 414 | 508 | 915 | 1,120 | 1,628 | 2,235 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
58 | 112 | 143 | 168 | 207 | 213 | |
1 | -72 | -271 | -96 | -348 | -537 | |
-59 | -13 | 170 | -91 | 72 | 363 | |
Net Cash Flow | -0 | 27 | 42 | -19 | -68 | 39 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 80 | 60 | 58 | 56 | 54 | 57 |
Inventory Days | ||||||
Days Payable | ||||||
Cash Conversion Cycle | 80 | 60 | 58 | 56 | 54 | 57 |
Working Capital Days | -86 | 29 | 34 | 41 | 45 | 53 |
ROCE % | 43% | 34% | 32% | 30% | 22% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Happiest Minds wins CNBC-TV18 India Risk Management Award 2024
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 29 Jun
- Shareholder Meeting / Postal Ballot-Outcome of AGM 28 Jun
- Closure of Trading Window 26 Jun
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 25 Jun
Annual reports
Concalls
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Business Overview:[1][2]
Company offers IPs and domain expertise across a set of focused areas that include Digital Transformation & Enterprise Solutions, Product Engineering, Infrastructure Management, Security, Testing and Consulting. In the Solution space, focus areas are Security, M2M and Mobility solutions. Additionally, company is an authorized partner with global information technology players to deploy their services and create custom solutions.