5432

Happiest Minds TechnologiesBSE:543227 Stock Report

Market Cap

₹211.1b

7D

0.6%

1Y

325.8%

Updated

20 Sep, 2021

Data

Company Financials +
543227 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance5/6
Financial Health5/6
Dividends2/6

543227 Overview

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.

Rewards

Earnings are forecast to grow 21.96% per year

Earnings grew by 48.9% over the past year

Risk Analysis

543227 passed our risk checks.

Happiest Minds Technologies Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Happiest Minds Technologies
Historical stock prices
Current Share Price₹1,488.75
52 Week High₹285.55
52 Week Low₹1,580.80
Beta0
1 Month Change4.72%
3 Month Change62.30%
1 Year Change325.84%
3 Year Changen/a
5 Year Changen/a
Change since IPO301.28%

Recent News & Updates

Shareholder Returns

543227IN ITIN Market
7D0.6%1.7%1.2%
1Y325.8%72.2%59.0%

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.

Price Volatility

Is 543227's price volatile compared to industry and market?
543227 volatility
543227 Beta0
Industry Beta0.66
Market Beta1

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

FoundedEmployeesCEOWebsite
20112,818Venkat Narayananhttps://www.happiestminds.com

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

How do Happiest Minds Technologies's earnings and revenue compare to its market cap?
543227 fundamental statistics
Market Cap₹211.08b
Earnings (TTM)₹1.48b
Revenue (TTM)₹8.41b

142.6x

P/E Ratio

25.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
543227 income statement (TTM)
Revenue₹8.41b
Cost of Revenue₹4.87b
Gross Profit₹3.54b
Expenses₹2.06b
Earnings₹1.48b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)10.55
Gross Margin42.12%
Net Profit Margin17.60%
Debt/Equity Ratio35.3%

How did 543227 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

28%

Payout Ratio

Valuation

Is Happiest Minds Technologies undervalued compared to its fair value and its price relative to the market?

142.61x

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).


Future Growth

How is Happiest Minds Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

22.0%

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%)


Past Performance

How has Happiest Minds Technologies performed over the past 5 years?

50.5%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Happiest Minds Technologies's current dividend yield, its reliability and sustainability?

0.20%

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).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Venkat Narayanan (50 yo)

0.83

Tenure

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...


Leadership Team

Experienced Management: 543227's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: 543227's board of directors are considered experienced (6.5 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Happiest Minds Technologies Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Happiest Minds Technologies Limited
  • #53/1-4, Hosur Main Road
  • Next to Madivala Police Station
  • Bengaluru
  • Karnataka
  • 560 068
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 15:32
End of Day Share Price2021/09/20 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.