Happiest Minds Technologies Limited offers IT solutions and services in India, the United States, Canada, the United Kingdom, Australia, the Netherlands, Singapore, Malaysia, and the Middle East.
Happiest Minds Technologies Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹1,488.75|
|52 Week High||₹285.55|
|52 Week Low||₹1,580.80|
|1 Month Change||4.72%|
|3 Month Change||62.30%|
|1 Year Change||325.84%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||301.28%|
Recent News & Updates
|543227||IN IT||IN Market|
Return vs Industry: 543227 exceeded the Indian IT industry which returned 72.2% over the past year.
Return vs Market: 543227 exceeded the Indian Market which returned 59% over the past year.
Stable Share Price: 543227 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 543227's weekly volatility (7%) has been stable over the past year.
About the Company
Happiest Minds Technologies Limited offers IT solutions and services in India, the United States, Canada, the United Kingdom, Australia, the Netherlands, Singapore, Malaysia, and the Middle East. It operates through three segments: Infrastructure Management & Security Services (IMSS); Digital Business Solutions (DBS); and Product Engineering Services (PES). The IMSS segment provides security services, including cyber and infrastructure security, governance, risk and compliance, data privacy and security, identity and access management, and threat and vulnerability management; infrastructure services comprises of DC and hybrid cloud services, workspace services, service automation, database and middleware services, and software defined infrastructure services; and advisory, transformation, managed and hosted services, and secure intelligence solutions.
Happiest Minds Technologies Fundamentals Summary
|543227 fundamental statistics|
Is 543227 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|543227 income statement (TTM)|
|Cost of Revenue||₹4.87b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||10.55|
|Net Profit Margin||17.60%|
How did 543227 perform over the long term?See historical performance and comparison
0.2%Current Dividend Yield
Is Happiest Minds Technologies undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 543227 (₹1488.75) is trading above our estimate of fair value (₹159.47)
Significantly Below Fair Value: 543227 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 543227 is poor value based on its PE Ratio (142.6x) compared to the Indian IT industry average (31.1x).
PE vs Market: 543227 is poor value based on its PE Ratio (142.6x) compared to the Indian market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: 543227 is poor value based on its PEG Ratio (6.5x)
Price to Book Ratio
PB vs Industry: 543227 is overvalued based on its PB Ratio (38.7x) compared to the IN IT industry average (2.1x).
How is Happiest Minds Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 543227's forecast earnings growth (22% per year) is above the savings rate (6.8%).
Earnings vs Market: 543227's earnings (22% per year) are forecast to grow faster than the Indian market (18.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 543227's revenue (26% per year) is forecast to grow faster than the Indian market (12.6% per year).
High Growth Revenue: 543227's revenue (26% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 543227's Return on Equity is forecast to be high in 3 years time (29.6%)
How has Happiest Minds Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 543227 has high quality earnings.
Growing Profit Margin: 543227's current net profit margins (17.6%) are higher than last year (14.1%).
Past Earnings Growth Analysis
Earnings Trend: 543227's earnings have grown significantly by 50.5% per year over the past 5 years.
Accelerating Growth: 543227's earnings growth over the past year (48.9%) is below its 5-year average (50.5% per year).
Earnings vs Industry: 543227 earnings growth over the past year (48.9%) exceeded the IT industry 19.6%.
Return on Equity
High ROE: 543227's Return on Equity (27.1%) is considered high.
How is Happiest Minds Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: 543227's short term assets (₹7.4B) exceed its short term liabilities (₹2.8B).
Long Term Liabilities: 543227's short term assets (₹7.4B) exceed its long term liabilities (₹971.7M).
Debt to Equity History and Analysis
Debt Level: 543227's debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: 543227's debt to equity ratio has increased from 23.9% to 35.3% over the past 5 years.
Debt Coverage: 543227's debt is well covered by operating cash flow (74.5%).
Interest Coverage: 543227 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Happiest Minds Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 543227's dividend (0.2%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: 543227's dividend (0.2%) is low compared to the top 25% of dividend payers in the Indian market (1.45%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 543227's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 543227's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.4%), 543227's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 543227's dividends in 3 years are forecast to be well covered by earnings (17.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Venkat Narayanan (50 yo)
Mr. Venkatraman Narayanan has been the Chief Financial Officer at Happiest Minds Technologies Limited (formerly known as Happiest Minds Technologies Private Limited) since July 1, 2015 and had been its Pre...
Experienced Management: 543227's management team is considered experienced (3.7 years average tenure).
Experienced Board: 543227's board of directors are considered experienced (6.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 543227 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Happiest Minds Technologies Limited's employee growth, exchange listings and data sources
- Name: Happiest Minds Technologies Limited
- Ticker: 543227
- Exchange: BSE
- Founded: 2011
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹211.080b
- Shares outstanding: 141.78m
- Website: https://www.happiestminds.com
Number of Employees
- Happiest Minds Technologies Limited
- #53/1-4, Hosur Main Road
- Next to Madivala Police Station
- 560 068
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/20 15:32|
|End of Day Share Price||2021/09/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.