₹381.4
▼ -2.77 -0.72%
17 Jul 2026
NSE Listed
Happiest Minds Techno Ltd. (HAPPSTMNDS)
Volume: 14,47,365Avg Vol 1W: 44,68,227Avg Vol 1M: 18,26,399.0552W Range:₹330.2₹646.1
Key Ratios
Checked 18h agoMarket Cap₹6,017 Cr
Current Price₹381.4
Previous Close₹384.17
High / Low (52w)₹646.1 / ₹330.2
Volume14,47,365
Avg Vol (1W)44,68,227
Avg Vol (1M)18,26,399.05
Stock P/E53.05
Book Value₹103.44
Dividend Yield—
ROE12.3%
ROA—
Revenue (TTM)₹2,162 Cr
Revenue Growth—
Profit Margin—
Total Debt₹335 Cr
Shares Outstanding—
Face Value₹2
EPS (TTM)₹11.23
P/B5.76
Debt / Equity0.56
50 DMA₹359.7
200 DMA₹415.6
Day change-0.72%
Price Chart
₹381.4▼ 39.48% · 1Y
2025-07-162026-07-15
20-day avg volume: 18.3L shares
Pros
- Company is almost debt-free.
Cons
- Revenue fell 10% YoY.
- Stock trades at a high P/E of 53.
Quarterly Results
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹464 Cr | ₹522 Cr | ₹531 Cr | ₹545 Cr | ₹550 Cr | ₹574 Cr | ₹588 Cr | ₹604 Cr |
| EBITDA | ₹88 Cr | ₹96 Cr | ₹96 Cr | ₹87 Cr | ₹102 Cr | ₹98 Cr | ₹101 Cr | ₹100 Cr |
| Net Profit | ₹51 Cr | ₹50 Cr | ₹50 Cr | ₹34 Cr | ₹57 Cr | ₹54 Cr | ₹40 Cr | ₹61 Cr |
| EPS | — | — | — | — | — | — | — | — |
Profit & Loss (Annual)
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹602 Cr | ₹714 Cr | ₹798 Cr | ₹1,131 Cr | ₹1,450 Cr | ₹1,710 Cr | ₹2,162 Cr | ₹2,400 Cr |
| EBITDA | ₹42 Cr | ₹93 Cr | ₹193 Cr | ₹262 Cr | ₹338 Cr | ₹363 Cr | ₹367 Cr | ₹400 Cr |
| Net Profit | ₹14 Cr | ₹72 Cr | ₹162 Cr | ₹181 Cr | ₹231 Cr | ₹248 Cr | ₹185 Cr | ₹213 Cr |
| EPS | 1.16 | 5.36 | 11.45 | 12.55 | 16.01 | 16.73 | 12.26 | 14.11 |
Balance Sheet
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹414 Cr | ₹508 Cr | ₹922 Cr | ₹1,125 Cr | ₹1,641 Cr | ₹2,248 Cr | ₹3,359 Cr | ₹3,625 Cr |
| Total Liabilities | ₹480 Cr | ₹243 Cr | ₹376 Cr | ₹459 Cr | ₹802 Cr | ₹768 Cr | ₹1,784 Cr | ₹1,936 Cr |
| Equity | ₹-66 Cr | ₹265 Cr | ₹546 Cr | ₹666 Cr | ₹839 Cr | ₹1,480 Cr | ₹1,575 Cr | ₹1,689 Cr |
| Total Debt | — | — | — | — | — | — | — | — |
Cash Flow
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating | ₹61 Cr | ₹118 Cr | ₹180 Cr | ₹222 Cr | ₹296 Cr | ₹315 Cr | ₹336 Cr | ₹360 Cr |
| Investing | ₹0 Cr | ₹-74 Cr | ₹-284 Cr | ₹-96 Cr | ₹-351 Cr | ₹-466 Cr | ₹-762 Cr | ₹-121 Cr |
| Financing | ₹-59 Cr | ₹-13 Cr | ₹169 Cr | ₹-91 Cr | ₹72 Cr | ₹363 Cr | ₹499 Cr | ₹-144 Cr |
| Free Cash Flow | ₹61 Cr | ₹118 Cr | ₹180 Cr | ₹222 Cr | ₹296 Cr | ₹315 Cr | ₹336 Cr | ₹360 Cr |
Shareholding
Promoter 44.21% Institutions 14.93% Public 40.86%
Efficiency & Working Capital
ROCE13.7%
Interest Coverage3.9
Dividend Payout—
Debtor Days62 d
Inventory Days0 d
Payable Days15 d
Cash Conversion Cycle46 d
Working Capital Days62 d
Shareholding Details
As of 2026-06-30
Promoter44.2%
FII6%
DII5.7%
Institutions11.7%
Public44.1%
Promoter Pledge0%
No. of Shareholders6,40,983
Shareholding Pattern
Quarterly — figures in %. Latest 12 quarters.
| Period | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 51.4% | 50.2% | 50.2% | 44.2% | 44.2% | 44.2% | 44.2% | 44.2% | 44.2% | 44.2% | 44.2% | 44.2% |
| FIIs | 5.1% | 5% | 4.7% | 5.3% | 5.3% | 5.3% | 5% | 5.3% | 5.4% | 5.9% | 5.9% | 6% |
| DIIs | 2.4% | 2.4% | 2.6% | 2.9% | 4.2% | 6.1% | 10.6% | 10.6% | 10.2% | 9.6% | 9% | 5.7% |
| Public | 41.1% | 42.3% | 42.5% | 47.6% | 46.3% | 44.4% | 40.2% | 39.9% | 40.2% | 40.3% | 40.9% | 44.1% |
| Promoter Pledge | 7% | 7.2% | 7.2% | 8.1% | 1.8% | 1.8% | 1.8% | 1.8% | 1.8% | 1.8% | 1.8% | 0% |
| No. of Shareholders | 7,28,316 | 7,36,130 | 7,32,253 | 7,59,641 | 7,28,443 | 7,07,146 | 6,87,788 | 6,79,128 | 6,64,262 | 6,50,749 | 6,42,274 | 6,40,983 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202603 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| Ashok Soota | Shareholding of Promoter and Promoter Group | 32.3% | 4.92 Cr |
| Ashok Soota Medical Research Llp | Shareholding of Promoter and Promoter Group | 11.8% | 1.79 Cr |
| Sbi Small Cap Fund | Public Shareholding | 6.7% | 1.02 Cr |
| Usha Samuel | Shareholding of Promoter and Promoter Group | 0.1% | 74,060 |
| Deepak Soota | Shareholding of Promoter and Promoter Group | 0% | 32,442 |
| Kunku Soota | Shareholding of Promoter and Promoter Group | 0% | 14,274 |
| Veena Soota | Shareholding of Promoter and Promoter Group | 0% | 8,053 |
Promoter Pledges
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Ashok Soota | 0 | 0% | 2026-06-30 |
| Deepak Soota | 0 | 0% | 2026-06-30 |
| Kunku Soota | 0 | 0% | 2026-06-30 |
| Veena Soota | 0 | 0% | 2026-06-30 |
| Usha Samuel | 0 | 0% | 2026-06-30 |
| Ashok Soota Medical Research Llp | 0 | 0% | 2026-06-30 |
| Sbi Small Cap Fund | 0 | 0% | 2026-06-30 |
| Ashok Soota | 11,83,884 | 2.4% | 2026-03-31 |
| Deepak Soota | 0 | 0% | 2026-03-31 |
| Kunku Soota | 0 | 0% | 2026-03-31 |
| Veena Soota | 0 | 0% | 2026-03-31 |
| Usha Samuel | 0 | 0% | 2026-03-31 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| Ashok Soota | Chair/ED/CM/Pro | 2026 |
| Joseph Vinod Kumar Anantharaju | Co-Chair/ED/CEO | 2026 |
| Venkatraman Narayanan | Executive Director / Managing Director / CFO | 2026 |
| Anita Ramachandran | Independent Non Exe. Director | 2026 |
| Rajendra Kumar Srivastava | Lead Independent Non Executive Director | 2026 |
| Shubha Rao Mayya | Independent Non Exe. Director | 2026 |
| Mittu Sridhara | Independent Non Exe. Director | 2026 |
| Praveen Kumar Darshankar | HEAD - LEGAL / CS / CHIEF COMPLIANCE OFFICER | 2026 |
Segments — Product
| Segment | Revenue | Share |
|---|---|---|
| Infrastructure Management & Securit | ₹332 Cr | 19.2% |
| Product and Digital Engineering Ser | ₹1,316 Cr | 76.2% |
| Generative Al Business Services | ₹78 Cr | 4.5% |
Segments — Geography
| Region | Revenue | Share |
|---|---|---|
| India | ₹310 Cr | 18% |
| Outside India | ₹1,416 Cr | 82% |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2026 | ₹2 | 46 | 30 | 30 |
Corporate Actions
| Type | Date | Value | Remark |
|---|---|---|---|
| forthcoming | 2026-07-17 | Dividend (3.65/- per share) | Final |
| dividend | 2025-11-04 | ₹2.75 (137.5%) | Interim |
| dividend | 2025-07-18 | ₹3.5 (175%) | Final |
| forthcoming | — | Book Closure | AGM & 182.5% Final Dividend |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2026 | 733 | 0 | 0 | 53 | 185 | 971 |
| 2026 | 490 | 0 | 0 | 0 | 6 | 496 |
| 2026 | 103 | 0 | 0 | 53 | 82 | 238 |
Insider / Designated-Person Trades
15 recent disclosure(s)
AJAY DURGAPRASAD AGRAWALDisposal · 1,000
SRIDHAR MANTHA RevisedDisposal · 10,000
SAJITH KUMAR S RevisedDisposal · 5,250
THEETHIRA BHEEMAIAH GANAPATHI RevisedDisposal · 8,000
SACHIN KHURANA RevisedDisposal · 5,000
THEETHIRA BHEEMAIAH GANAPATHI RevisedDisposal · 6,000
Substantial Acquisitions (SAST)
4 disclosure(s)
Market07/05/2026 · 1,25,000
Market11/02/2025 · 1,93,968
Market25/06/2024 · 91,36,490
Market28/09/2023 · 16,93,116
Company Information
🌐 www.happiestminds.com ↗
📍 53/1-4 Hosur Main Road, Madivala (Next to PoliceStatio, Bangaluru, Karnataka, 560068
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