Happiest Minds Peer Comparison

NSE: HAPPSTMNDS | BSE: 543227

₹408.00

₹-12.25 (-2.91%)

As on 28-Aug-2026IST

Market cap

₹6,214 Cr

Revenue (TTM)

₹2,394 Cr

P/E Ratio

27.9

P/B Ratio

3.5

Div. Yield

1.6 %

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	Happiest Minds	Tata Technologies	Honeywell Automat	eClerx Services	Nazara Tech
Market cap (₹ Cr)	6,214	33,877	32,319	18,374	14,399
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	27.86	60.81	58.64	25.21	--
Price-To-Book	3.55	8.30	7.04	6.97	4.17

Income Statement (₹ Cr)

	Happiest Minds	Tata Technologies	Honeywell Automat	eClerx Services	Nazara Tech
Operating Revenue	2,315.11	5,505.57	4,681.90	4,117.03	1,623.91
Total Income	2,406.19	5,694.75	4,863.90	4,218.33	1,715.44
Total Expenditure	1,917.84	4,667.25	4,073.50	3,063.82	1,501.23
EBITDA	397.27	838.32	608.40	1,053.20	122.68
Depreciation	88.19	144.95	53.70	175.37	117.69
EBIT	309.08	693.37	554.70	877.84	4.99
Interest	97.36	34.12	15.60	44.02	10.95
Other Income	91.08	189.18	182.00	101.30	91.53
Exceptional Items	-18.59	-107.73	-12.30	--	--
Profit before Tax	284.21	764.72	708.80	935.12	77.87
Provision for Tax	71.59	218.13	183.80	228.66	15.34
Profit after Tax	212.62	546.59	525.00	706.47	62.53

	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	2,863.05
Minority Interest	--	--	--	2.84	374.29
Non-Current Liabilities	489.74	795.17	1,108.00	309.34	243.50
Current Liabilities	1,401.79	3,790.67	2,609.50	706.78	925.91
Total Liabilities	3,585.70	8,860.15	8,292.30	3,690.64	4,418.22

	Happiest Minds	Tata Technologies	Honeywell Automat	eClerx Services	Nazara Tech
Non-Current Assets	1,505.48	2,701.53	1,422.40	1,174.03	2,906.54
Current Assets	2,075.54	5,807.68	6,757.80	2,406.32	1,407.73
Total Assets	3,585.70	8,860.15	8,292.30	3,690.64	4,418.22
Total Debt*	1,412.65	665.56	0.00	0.00	141.27
Net Current Assets	673.75	2,017.01	4,148.30	1,699.55	481.82
Contingent Liabilities	13.95	40.68	71.40	32.35	11,886.15

	Happiest Minds	Tata Technologies	Honeywell Automat	eClerx Services	Nazara Tech
Cash From Operating Activities	261.41	775.70	492.60	873.47	65.50
Cash Flow from Investing Activities	-121.29	-870.92	-2,963.70	-140.82	-1,133.95
Cash from Financing Activities	-143.72	15.63	-116.10	-621.57	804.92
Net Cash Inflow / Outflow	-3.60	-79.59	-2,587.20	111.08	-263.53

	Happiest Minds	Tata Technologies	Honeywell Automat	eClerx Services	Nazara Tech
ROCE (%)	13.07	19.56	17.04	40.23	3.54
ROE (%)	13.06	14.62	12.41	30.00	2.57
ROA (%)	6.16	7.37	6.76	21.24	1.74
EBIT Margin (%)	21.09	18.66	16.88	28.04	13.19
Net Margin (%)	8.84	9.60	10.79	16.75	3.65
Cash Profit Margin (%)	12.99	12.56	12.36	21.42	11.10

	Happiest Minds	Tata Technologies	Honeywell Automat	eClerx Services	Nazara Tech
Revenue Growth (%)	12.34	6.52	11.75	22.32	42.66
EBIT Growth (%)	7.14	-2.90	2.33	28.87	18.80
Net Profit Growth (%)	15.14	-19.26	0.27	30.52	-30.10
EPS Growth (%)	14.99	-19.33	0.27	33.20	17.09
Book Value Growth (%)	6.93	9.68	10.47	10.18	43.36

	Happiest Minds	Tata Technologies	Honeywell Automat	eClerx Services	Nazara Tech
Price / Earnings	25.51	37.84	44.16	18.09	27.37
Price / Book Value	3.22	5.29	5.22	5.17	2.90
Dividend Yield (%)	1.77	2.30	0.42	0.07	0.00
EV/EBITDA	12.13	20.08	24.52	10.42	37.27
Market Cap (₹ Cr)	5,424.77	20,683.88	23,185.24	12,772.25	8,301.10

	Happiest Minds	Tata Technologies	Honeywell Automat	eClerx Services	Nazara Tech
Debt to Equity	0.84	0.17	0.00	0.00	0.05
Short term debt to equity ratio	0.60	0.02	--	--	0.02
Current Ratio	1.48	1.53	2.59	3.40	1.52
Quick Ratio	1.48	1.53	2.51	3.40	1.52
Interest Coverage	3.92	23.41	46.44	22.24	8.11

	Happiest Minds	Tata Technologies	Honeywell Automat	eClerx Services	Nazara Tech
Debtors to sales (%)	16.86	21.56	24.80	24.64	35.47
Asset Turnover	0.67	0.74	0.60	1.24	0.45
Receivable days	59.00	72.67	89.19	79.98	95.63
Inventory Days	0.00	0.00	17.70	0.04	0.52
Payable days	--	199.65	125.42	--	3,585.83
Cash Conversion Cycle	--	-126.98	-18.52	--	-3,489.68

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.