Happiest Minds Technologies Future Growth
Future criteria checks 6/6
Happiest Minds Technologies is forecast to grow earnings and revenue by 22.2% and 22.1% per annum respectively. EPS is expected to grow by 20.7% per annum. Return on equity is forecast to be 20.2% in 3 years.
Key information
22.2%
Earnings growth rate
20.7%
EPS growth rate
| IT earnings growth | 10.8% |
| Revenue growth rate | 22.1% |
| Future return on equity | 20.2% |
| Analyst coverage | Good |
| Last updated | 14 Sep 2024 |
Recent future growth updates
Recent updates
Investors Could Be Concerned With Happiest Minds Technologies' (NSE:HAPPSTMNDS) Returns On Capital
Sep 20
Is Happiest Minds Technologies (NSE:HAPPSTMNDS) Using Too Much Debt?
Jun 05What Happiest Minds Technologies Limited's (NSE:HAPPSTMNDS) P/E Is Not Telling You
Mar 29Happiest Minds Technologies (NSE:HAPPSTMNDS) Has A Pretty Healthy Balance Sheet
Feb 10Capital Allocation Trends At Happiest Minds Technologies (NSE:HAPPSTMNDS) Aren't Ideal
Jan 15Happiest Minds Technologies (NSE:HAPPSTMNDS) Is Increasing Its Dividend To ₹2.50
Oct 21Here's Why Happiest Minds Technologies (NSE:HAPPSTMNDS) Has Caught The Eye Of Investors
Jun 21Many Would Be Envious Of Happiest Minds Technologies' (NSE:HAPPSTMNDS) Excellent Returns On Capital
Jun 04News Flash: Analysts Just Made A Notable Upgrade To Their Happiest Minds Technologies Limited (NSE:HAPPSTMNDS) Forecasts
May 14Returns on Capital Paint A Bright Future For Happiest Minds Technologies (NSE:HAPPSTMNDS)
Feb 21Why We Like The Returns At Happiest Minds Technologies (NSE:HAPPSTMNDS)
Sep 13Happiest Minds Technologies (NSE:HAPPSTMNDS) Is Paying Out Less In Dividends Than Last Year
Jun 08Happiest Minds Technologies' (NSE:HAPPSTMNDS) Shareholders Will Receive A Smaller Dividend Than Last Year
May 10Earnings Update: Here's Why Analysts Just Lifted Their Happiest Minds Technologies Limited (NSE:HAPPSTMNDS) Price Target To ₹1,510
Feb 01The Trend Of High Returns At Happiest Minds Technologies (NSE:HAPPSTMNDS) Has Us Very Interested
Dec 09Does Happiest Minds Technologies (NSE:HAPPSTMNDS) Deserve A Spot On Your Watchlist?
Sep 21Happiest Minds Technologies' (NSE:HAPPSTMNDS) Promising Earnings May Rest On Soft Foundations
Jun 17Happiest Minds Technologies Limited's (NSE:HAPPSTMNDS) Shares Climb 31% But Its Business Is Yet to Catch Up
Feb 17Happiest Minds Technologies Limited's (NSE:HAPPSTMNDS) Stock Been Rising: Are Strong Financials Guiding The Market?
Jan 28Need To Know: Happiest Minds Technologies Limited (NSE:HAPPSTMNDS) Insiders Have Been Selling Shares
Jan 07Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 3/31/2027 | 32,361 | 4,291 | 6,444 | N/A | 2 |
| 3/31/2026 | 25,844 | 3,706 | 3,274 | N/A | 7 |
| 3/31/2025 | 21,111 | 2,777 | 5,369 | N/A | 5 |
| 6/30/2024 | 16,976 | 2,411 | N/A | N/A | N/A |
| 3/31/2024 | 16,247 | 2,484 | 2,023 | 2,126 | N/A |
| 12/31/2023 | 15,854 | 2,341 | N/A | N/A | N/A |
| 9/30/2023 | 15,424 | 2,320 | 2,263 | 2,472 | N/A |
| 6/30/2023 | 14,912 | 2,330 | N/A | N/A | N/A |
| 3/31/2023 | 14,293 | 2,310 | 678 | 2,072 | N/A |
| 12/31/2022 | 13,519 | 2,254 | N/A | N/A | N/A |
| 9/30/2022 | 12,689 | 2,168 | 333 | 1,593 | N/A |
| 6/30/2022 | 11,780 | 2,018 | N/A | N/A | N/A |
| 3/31/2022 | 10,937 | 1,812 | 1,640 | 1,681 | N/A |
| 12/31/2021 | 10,138 | 1,651 | N/A | N/A | N/A |
| 9/30/2021 | 9,227 | 1,584 | 903 | 942 | N/A |
| 6/30/2021 | 8,410 | 1,480 | N/A | N/A | N/A |
| 3/31/2021 | 7,734 | 1,625 | 1,422 | 1,432 | N/A |
| 12/31/2020 | 7,391 | 1,317 | N/A | N/A | N/A |
| 9/30/2020 | 7,177 | 1,109 | 1,732 | 1,743 | N/A |
| 6/30/2020 | 7,051 | 994 | N/A | N/A | N/A |
| 3/31/2020 | 6,982 | 717 | 1,111 | 1,122 | N/A |
| 3/31/2019 | 5,904 | 142 | 566 | 576 | N/A |
| 3/31/2018 | 4,629 | -225 | N/A | 103 | N/A |
| 3/31/2017 | 4,308 | 42 | N/A | -114 | N/A |
| 3/31/2016 | 3,412 | 55 | N/A | -132 | N/A |
| 3/31/2015 | 2,697 | -261 | N/A | -311 | N/A |
| 3/31/2014 | 1,709 | -662 | N/A | -884 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HAPPSTMNDS's forecast earnings growth (22.2% per year) is above the savings rate (6.7%).
Earnings vs Market: HAPPSTMNDS's earnings (22.2% per year) are forecast to grow faster than the Indian market (17.2% per year).
High Growth Earnings: HAPPSTMNDS's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HAPPSTMNDS's revenue (22.1% per year) is forecast to grow faster than the Indian market (10.1% per year).
High Growth Revenue: HAPPSTMNDS's revenue (22.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HAPPSTMNDS's Return on Equity is forecast to be high in 3 years time (20.2%)