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Happiest Minds Key Ratios

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NSE: HAPPSTMNDS | BSE: 543227

₹408.00

up-down-arrow ₹-12.25 (-2.91%)

As on 28-Aug-2026IST

Market cap

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₹6,214 Cr

Revenue (TTM)

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₹2,394 Cr

P/E Ratio

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27.9

P/B Ratio

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3.5

Div. Yield

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1.6 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue 4.04 14.30 11.50 17.09 23.27
EBIT 15.76 32.53 23.28 2.46 13.06
Net Profit 15.45 18.33 19.05 -0.14 9.24
EPS 10.40 18.13 16.71 -2.99 7.45
Book Value -- -- 6.79 24.25 23.98
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-26Mar-25
EBIT-Margin info 13.4316.9814.1413.3512.73
Net Margin info 12.0712.749.028.848.53
Return on equity info 15.3321.5114.2813.0612.10
Return on Capital info 16.2922.93--13.0715.24
Return on Assets info 8.6912.076.396.166.65
Debt to Equity (x) info ----0.200.840.74

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
--
13.07
15.24
23.35
30.67
Peer Median
--
20.07
22.05
29.68
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

14.28

Lower than Peers by 4.62

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
14.28
13.06
12.10
21.46
30.84
Peer Median
18.89
14.61
19.97
23.48
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

6.39

Lower than Peers by 5.81

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
6.39
6.16
6.65
12.87
16.82
Peer Median
12.20
10.16
11.62
13.53
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

14.14

Lower than Peers by 2.08

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
14.14
13.35
12.73
17.08
21.17
Peer Median
16.22
15.69
16.09
16.30
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

9.02

Lower than Peers by 4.03

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
9.02
8.84
8.53
14.53
15.77
Peer Median
13.05
11.13
12.79
13.87
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
--
12.99
13.26
18.88
19.09
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

11.50

Higher than Peers by 0.87

Year on year growth in net sales

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
11.50
12.34
26.85
13.67
30.69
Peer Median
10.62
14.37
14.92
7.66
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

23.28

Higher than Peers by 15.68

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
23.28
17.82
-5.48
-8.28
34.62
Peer Median
7.60
22.25
7.18
7.59
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

19.05

Higher than Peers by 11.59

Year on year growth in profit after tax

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
19.05
15.14
-25.66
7.53
27.48
Peer Median
7.46
9.39
1.14
11.84
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

16.71

Higher than Peers by 11.27

Year on year growth in earnings per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
16.71
14.99
-26.00
3.10
26.94
Peer Median
5.44
9.24
0.58
8.05
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
--
6.93
6.44
76.84
26.32
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

0.20

--

Total debt / Net worth

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
0.20
0.84
0.74
0.30
0.56
Peer Median
--
0.00
0.00
0.01
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
--
0.60
0.52
0.22
0.39
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

1.48

Lower than Peers by 0.94

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
1.48
1.48
1.66
3.14
1.86
Peer Median
2.42
2.15
2.22
2.58
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

1.48

Lower than Peers by 0.94

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
1.48
1.48
1.66
3.14
1.86
Peer Median
2.42
2.04
2.30
2.69
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

3.95

Lower than Peers by 24.71

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
3.95
3.92
3.57
8.92
15.17
Peer Median
28.65
22.83
20.90
30.59
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

16.30

Lower than Peers by 5.83

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
16.30
16.86
17.38
15.66
14.92
Peer Median
22.13
21.89
21.29
20.69
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

0.69

Lower than Peers by 0.19

Sales / Average Total Assets

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
0.69
0.67
0.74
0.84
1.04
Peer Median
0.88
1.00
0.95
0.96
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
--
59.00
54.25
52.53
48.59
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
--
--
--
--
--
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

27.86

Lower than Peers by 0.83

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
27.86
25.51
48.41
44.74
47.60
Peer Median
28.69
38.85
31.33
35.28
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

3.55

Lower than Peers by 2.05

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
3.55
3.22
5.68
7.52
13.15
Peer Median
5.60
6.29
5.07
6.21
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

1.57

Higher than Peers by 0.88

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
1.57
1.77
1.01
0.77
0.70
Peer Median
0.68
0.32
0.39
0.25
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

13.28

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
13.28
12.13
19.84
24.26
28.35
Peer Median
--
21.16
21.27
25.17
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

6,214

Lower than Peers by 8,185

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Happiest Minds
6,214
5,425
8,939
11,113
10,995
Peer Median
14,399
13,540
10,363
10,709
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
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