Happiest Minds Peer Comparison
NSE: HAPPSTMNDS | BSE: 543227
₹324.20
As on 14-Oct-2026IST
Market cap
₹4,973 Cr
Revenue (TTM)
₹2,394 Cr
P/E Ratio
22.3
P/B Ratio
2.8
Div. Yield
2 %
| Happiest Minds | Tata Technologies | Honeywell Automat | eClerx Services | Nazara Tech | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
4,973 | 30,294 | 29,024 | 18,538 | 16,515 |
Revenue (₹ Cr) |
2,394 | 5,926 | 4,703 | 4,335 | 1,759 |
Net Profit (₹ Cr) |
223.09 | 528.31 | 551.10 | 729.16 | 264.78 |
Net Margin (%) |
9.02 | 8.70 | 11.28 | 16.42 | 9.02 |
RoE (%) |
14.28 | 15.62 | 12.95 | 28.11 | -5.80 |
Price to Earnings |
22.29 | 54.38 | 52.67 | 25.43 | -- |
Price-To-Book |
2.84 | 7.42 | 6.32 | 7.03 | 3.95 |
Income Statement (₹ Cr)
| Happiest Minds | Tata Technologies | Honeywell Automat | eClerx Services | Nazara Tech | |
|---|---|---|---|---|---|
|
Operating Revenue
|
2,393.72 | 5,925.91 | 4,703.20 | 4,334.83 | 1,758.98 |
|
Total Income
|
2,472.35 | 6,073.81 | 4,886.80 | 4,439.76 | 2,934.25 |
|
Total Expenditure
|
1,966.77 | 5,005.66 | 4,066.70 | 3,238.69 | 1,532.74 |
|
EBITDA
|
426.95 | 920.25 | 636.50 | 1,096.14 | 226.24 |
|
Depreciation
|
88.45 | 160.34 | 53.80 | 188.07 | 213.75 |
|
EBIT
|
338.50 | 759.91 | 582.70 | 908.07 | 12.49 |
|
Interest
|
101.00 | 44.96 | 10.00 | 47.32 | 20.90 |
|
Other Income
|
78.63 | 147.90 | 183.60 | 104.93 | 1,175.27 |
|
Exceptional Items
|
-18.59 | -107.73 | -12.30 | 0.00 | -915.79 |
|
Profit before Tax
|
297.54 | 755.12 | 744.00 | 965.68 | 251.07 |
|
Provision for Tax
|
74.45 | 226.81 | 192.90 | 236.52 | -13.71 |
|
Profit after Tax
|
223.09 | 528.31 | 551.10 | 729.16 | 264.78 |
Liabilities (₹ Cr)
| Happiest Minds | Tata Technologies | Honeywell Automat | eClerx Services | Nazara Tech | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
1,689.49 | 3,923.37 | 4,462.70 | 2,561.40 | 3,473.49 |
|
Minority Interest
|
0.00 | 0.00 | 0.00 | -0.29 | -0.61 |
|
Non-Current Liabilities
|
533.83 | 1,239.42 | 118.60 | 426.00 | 214.06 |
|
Current Liabilities
|
1,401.79 | 3,790.67 | 1,647.70 | 706.78 | 605.42 |
|
Total Liabilities
|
3,585.70 | 8,860.15 | 8,292.30 | 3,690.64 | 4,342.42 |
Assets (₹ Cr)
| Happiest Minds | Tata Technologies | Honeywell Automat | eClerx Services | Nazara Tech | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
1,157.16 | 2,358.84 | 212.50 | 847.19 | 2,995.80 |
|
Current Assets
|
2,075.55 | 5,807.68 | 5,796.00 | 2,406.32 | 1,238.39 |
|
Total Assets
|
3,585.70 | 8,860.15 | 8,292.30 | 3,690.64 | 4,342.42 |
|
Total Debt*
|
1,412.65 | 665.56 | 0.00 | 0.00 | 111.51 |
|
Net Current Assets
|
673.76 | 2,017.01 | 4,148.30 | 1,699.55 | 632.97 |
|
Contingent Liabilities
|
13.95 | 40.68 | 71.40 | 32.35 | 286.71 |
Cashflow (₹ Cr)
| Happiest Minds | Tata Technologies | Honeywell Automat | eClerx Services | Nazara Tech | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
261.41 | 775.70 | 492.60 | 873.47 | 148.63 |
|
Cash Flow from Investing Activities
|
-121.29 | -870.92 | -2,963.70 | -140.82 | -542.48 |
|
Cash from Financing Activities
|
-143.72 | 15.63 | -116.10 | -621.57 | 360.88 |
|
Net Cash Inflow / Outflow
|
-3.60 | -79.59 | -2,587.20 | 111.08 | -32.97 |
Ratios
Profitability Ratios
| Happiest Minds | Tata Technologies | Honeywell Automat | eClerx Services | Nazara Tech | |
|---|---|---|---|---|---|
|
ROCE (%)
|
13.07 | 19.56 | 17.04 | 40.23 | 2.10 |
|
ROE (%)
|
14.28 | 15.62 | 12.95 | 28.11 | -5.80 |
|
ROA (%)
|
6.39 | 6.77 | 9.31 | 21.31 | 6.01 |
|
EBIT Margin (%)
|
14.14 | 12.82 | 12.39 | 20.95 | 0.71 |
|
Net Margin (%)
|
9.02 | 8.70 | 11.28 | 16.42 | 9.02 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| Happiest Minds | Tata Technologies | Honeywell Automat | eClerx Services | Nazara Tech | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
11.50 | 15.21 | 6.59 | 23.20 | -6.07 |
|
EBIT Growth (%)
|
23.28 | -2.61 | 12.64 | 26.23 | 190.25 |
|
Net Profit Growth (%)
|
16.95 | -21.89 | 7.70 | 27.75 | 133.78 |
|
EPS Growth (%)
|
19.05 | -14.68 | 9.47 | -2.94 | -137.50 |
|
Book Value Growth (%)
|
6.93 | 9.68 | 10.47 | 10.18 | 21.26 |
Valuation Ratios
| Happiest Minds | Tata Technologies | Honeywell Automat | eClerx Services | Nazara Tech | |
|---|---|---|---|---|---|
|
Price / Earnings
|
20.83 | 51.60 | 51.93 | 16.92 | -75.42 |
|
Price / Book Value
|
2.82 | 7.40 | 6.33 | 7.02 | 3.96 |
|
Dividend Yield (%)
|
1.98 | 1.57 | 0.33 | 0.05 | 0.00 |
|
EV/EBITDA
|
11.55 | 31.89 | 39.68 | 15.94 | 70.50 |
|
Market Cap (₹ Cr)
|
5,424.77 | 20,683.88 | 23,185.24 | 12,772.25 | 8,608.64 |
Solvency Ratios
| Happiest Minds | Tata Technologies | Honeywell Automat | eClerx Services | Nazara Tech | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.20 | 0.15 | 0.00 | 0.00 | 0.01 |
|
Short term debt to equity ratio
|
0.60 | 0.02 | -- | -- | 0.02 |
|
Current Ratio
|
1.48 | 1.53 | 3.52 | 3.40 | 2.05 |
|
Quick Ratio
|
1.48 | 1.53 | 3.39 | 3.40 | 2.04 |
|
Interest Coverage
|
3.95 | 17.80 | 75.40 | 21.41 | 13.01 |
Operating Efficiency Ratios
| Happiest Minds | Tata Technologies | Honeywell Automat | eClerx Services | Nazara Tech | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
16.30 | 20.03 | 24.68 | 23.40 | 21.39 |
|
Asset Turnover
|
0.69 | 0.76 | 0.79 | 1.27 | 0.40 |
|
Receivable days
|
59.00 | 72.67 | 89.19 | 79.98 | 95.01 |
|
Inventory Days
|
0.00 | 0.00 | 17.70 | 0.04 | 0.59 |
|
Payable days
|
-- | 199.65 | 125.42 | -- | 6,054.56 |
|
Cash Conversion Cycle
|
-- | -126.98 | -18.52 | -- | -5,958.95 |