Recently Viewed
Clear AllValue Research Rating
Quality Score 
0/0
Growth Score
0/0
Valuation Score
0/0
Momentum Score
0/0
Today’s Range
52 Week Range
Liquidity
Market cap
₹6,264 Cr
Revenue (TTM)
₹2,256 Cr
Net Profit (TTM)
₹185 Cr
ROE
12.1 %
ROCE
15.2 %
P/E Ratio
33.8
P/B Ratio
3.8
Industry P/E
27.98
EV/EBITDA
13.7
Div. Yield
1.5 %
Debt to Equity
0.7
Book Value
₹109.6
EPS
₹13.8
Face value
2
Shares outstanding
152,274,811
CFO
₹1,094.62 Cr
EBITDA
₹1,600.74 Cr
Net Profit
₹1,087.61 Cr
|
Company
|
YTD
|
1 Month
|
3 Months
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|---|---|---|---|---|---|---|---|
|
Happiest Minds
| -10.8 | 6.2 | -15.1 | -35.9 | -20.5 | -5.1 | -- |
|
BSE IT
| -23.3 | -10.0 | -24.6 | -20.8 | -0.4 | 1.7 | 9.7 |
|
Company
|
2025
|
2024
|
2023
|
2022
|
2021
|
|---|---|---|---|---|---|
|
Happiest Minds
| -36.5 | -18.7 | 1.7 | -32.0 | 283.2 |
|
BSE Small Cap
| -6.6 | 29.0 | 47.5 | -1.8 | 62.8 |
|
BSE IT
| -14.9 | 19.8 | 25.6 | -24.2 | 56.1 |
Is there a threat to the company's solvency?
Can creative accounting be detected through the financial numbers?
How did the company perform in the last one year?
5Y Avg -- 3Y Avg -- TTM --
P/E Ratio
--
--Min --Median --Max
P/B Ratio
--
--Min --Median --Max
Earnings Yield (%)
--
Earnings Yield (%) = EBIT / Enterprise value
PEG Ratio
--
Price = Price / Earnings to growth ratio
Company |
Price (₹) | Market Cap (₹ Cr) | Revenue (TTM) | Net Profit (TTM) | OPM (%) | ROE (%) | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
|
Happiest Minds
|
410.9 | 6,263.8 | 2,255.6 | 185.5 | 13.1 | 13.1 | 33.8 | 3.8 |
| 2,276.3 | 3,320.8 | 507.9 | 59.6 | 17.4 | 26.6 | 56 | 10.9 | |
| 358.1 | 10,034.3 | 5,278.2 | 464.5 | 13.4 | 13.6 | 21.6 | 2.6 | |
| 2,262.2 | 4,650.0 | 183.4 | -8.4 | -30.2 | -0.5 | -- | 2.8 | |
| 1,469.0 | 13,791.6 | 3,908.0 | 669.3 | 21.0 | 27.1 | 20.6 | 4.8 | |
| 28,330.0 | 24,974.7 | 4,615.7 | 505.2 | 11.4 | 12.5 | 49.4 | 5.8 | |
| 267.4 | 5,525.9 | 1,003.8 | 198.3 | 18.3 | 12.7 | 27.8 | 3.3 | |
| 235.4 | 8,667.0 | 1,951.4 | 283.7 | -0.7 | -3.1 | 156.2 | 2.5 | |
| 27.8 | 1,986.8 | 1.6 | 0.4 | 41.5 | 0.4 | 5017.2 | 19.2 | |
| 539.7 | 21,904.6 | 5,219.0 | 510.4 | 13.5 | 16.8 | 41.2 | 6.1 |
Happiest Minds IPO: Information Analysis
6 min read•By Rajan Gulati
Happiest Minds Technologies Limited provides IT solutions and services in India, the United States, Canada, the United Kingdom, Australia, the Netherlands, Singapore, Malaysia, New Zealand, Mexico, Africa, and the Middle East. It operates through... three segments: Infrastructure Management and Security Services (IMSS); Digital Business Solutions (DBS); and Product Engineering Services (PES). The IMSS segment provides integrated end-to-end infrastructure and security solutions with specialization in cloud, virtualization, and mobility across various industry verticals and geographies; advisory, transformation, managed and hosted, and secure intelligence solutions; and platforms for smart infrastructure and security solutions. The DBS segment offers enterprise applications and customized solutions comprising advisory, design and architecture, custom-app development, package implementation, and testing and on-going support services to IT initiatives. The PES segment assists software product companies in building products and services that integrates mobile, cloud, and social technologies. The company also provides Internet of Things (IoT) solutions, including digital strategy creation, device/edge/platform engineering, end-to-end system integration on IoT platform, and IoT security and enabled managed service solutions, as well as implementation of IoT roadmap and derivation of insights. In addition, it offers analytics/artificial intelligence solutions, such as implementation of advanced analytics using artificial intelligence, machine learning and statistical models, and engineering big data platforms; and digital process automation solutions comprising robotic process automation, intelligent business process management, and cognitive automation using AI and machine learning based models. The company was incorporated in 2011 and is headquartered in Bengaluru, India. Read more
Incorporated
2011
Chairman
Ashok Soota
Managing Director
Venkatraman Narayanan
Headquarters
Bengaluru, Karnataka
Website
Looking for more details about Happiest Minds Technologies Ltd.’s IPO? Explore our IPO Details page.
Our rating system has guided millions of investors in the past 20 years.
The share price of Happiest Minds Technologies Ltd is ₹410.85 (NSE) and ₹411.35 (BSE) as of 20-Mar-2026 IST. Happiest Minds Technologies Ltd has given a return of -20.54% in the last 3 years.
The P/E ratio of Happiest Minds Technologies Ltd is 33.78 times as on 20-Mar-2026, a 21 premium to its peers’ median range of 27.98 times.
The P/B ratio of Happiest Minds Technologies Ltd is 3.75 times as on 20-Mar-2026, a 21 discount to its peers’ median range of 4.72 times.
PE & PB ratio at the end of financial year.
| Year | P/E Ratio | P/B Ratio |
|---|---|---|
|
2025
|
48.41
|
5.68
|
|
2024
|
44.74
|
7.52
|
|
2023
|
47.60
|
13.15
|
|
2022
|
83.04
|
22.73
|
|
2021
|
47.16
|
14.13
|
The 52-week high and low of Happiest Minds Technologies Ltd are Rs 674.85 and Rs 330.20 as of 20-Mar-2026.
Happiest Minds Technologies Ltd has a market capitalisation of ₹ 6,264 Cr as on 20-Mar-2026. As per SEBI classification, it is a Small Cap company.
Before investing in Happiest Minds Technologies Ltd, assess your goals, risk tolerance, and if the company aligns with your long-term plan. Carefully review its business model, financials, and valuation. Avoid making decisions based on tips or short-term trends.
₹39.20
(
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.