Happiest Minds Technologies Limited

BSE:543227 Stock Report

Market Cap: ₹104.6b

Happiest Minds Technologies Management

Management criteria checks 4/4

Happiest Minds Technologies' CEO is Venkat Narayanan, appointed in Jul 2015, has a tenure of 9.42 years. total yearly compensation is ₹15.30M, comprised of 65.4% salary and 34.6% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth ₹385.14M. The average tenure of the management team and the board of directors is 6.9 years and 5.7 years respectively.

Key information

Venkat Narayanan

Chief executive officer

₹15.3m

Total compensation

CEO salary percentage65.4%
CEO tenure9.4yrs
CEO ownership0.4%
Management average tenure6.9yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Venkat Narayanan's remuneration changed compared to Happiest Minds Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹2b

Jun 30 2024n/an/a

₹2b

Mar 31 2024₹15m₹10m

₹2b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹2b

Jun 30 2023n/an/a

₹2b

Mar 31 2023₹13m₹9m

₹2b

Dec 31 2022n/an/a

₹2b

Sep 30 2022n/an/a

₹2b

Jun 30 2022n/an/a

₹2b

Mar 31 2022₹13m₹9m

₹2b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹1b

Mar 31 2021₹11m₹11m

₹2b

Dec 31 2020n/an/a

₹1b

Sep 30 2020n/an/a

₹1b

Jun 30 2020n/an/a

₹994m

Mar 31 2020₹11m₹11m

₹717m

Compensation vs Market: Venkat's total compensation ($USD180.08K) is below average for companies of similar size in the Indian market ($USD470.45K).

Compensation vs Earnings: Venkat's compensation has been consistent with company performance over the past year.

CEO

Venkat Narayanan (53 yo)

9.4yrs

Tenure

₹15,300,000

Compensation

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

NamePositionTenureCompensationOwnership
Ashok Soota
Founder & Executive Chairman13.7yrs₹15.50m33.06%
₹ 34.6b
Venkatraman Narayanan
MD, CFO9.4yrs₹15.30m0.37%
₹ 385.1m
Joseph Anantharaju
Exec. Vice Chairman4.1yrs₹41.70m0.28%
₹ 297.6m
Praveen Darshankar
Company Secretary & Compliance Officer9.4yrs₹6.00mno data
Rajiv Shah
Executive Director & Member of Executive Board5.5yrsno datano data
Ram Chaluvaiya
Member of Executive Board4.5yrs₹11.99mno data
Sajith Kumar
Chief Information Officer6.9yrsno datano data
Sunil Gujjar
Head of Investor Relationsno datano datano data
Sachin Khurana
Chief People Officer6.9yrsno datano data
Raja Sekher
Head of Engineering & Business Excellence7yrsno datano data
T. Ganapathi
COO of IMSS6.9yrsno datano data
Priya Kanduri
CTO of IMSS & Head of Security Services6.9yrsno datano data

6.9yrs

Average Tenure

53yo

Average Age

Experienced Management: 543227's management team is seasoned and experienced (6.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ashok Soota
Founder & Executive Chairman13.7yrs₹15.50m33.06%
₹ 34.6b
Venkatraman Narayanan
MD, CFO6.9yrs₹15.30m0.37%
₹ 385.1m
Joseph Anantharaju
Exec. Vice Chairman4.1yrs₹41.70m0.28%
₹ 297.6m
Rajiv Shah
Executive Director & Member of Executive Boardless than a yearno datano data
Alok Mittal
Member of Advisory Board12.7yrsno datano data
David Webb
Member of Advisory Board12.7yrsno datano data
Anil Baid
Chairman & Chief Strategy Officer of PureSoftware Businessless than a yearno datano data
Anupam Srivastava
Member of Advisory Board12.7yrsno datano data
Rodney Hefford
Member of Advisory Board12.7yrsno datano data
Shuba Mayya
Independent Director4.5yrs₹2.50mno data
Rajendra Srivastava
Lead Independent Director4.5yrs₹3.00mno data
Mittu Sridhara
Non-Executive Independent Directorless than a yearno datano data

5.7yrs

Average Tenure

61yo

Average Age

Experienced Board: 543227's board of directors are considered experienced (5.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:23
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Happiest Minds Technologies Limited is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mohit JainAnand Rathi Shares and Stock Brokers Limited
Piyush Kumar PandeyCentrum Broking Limited
Jathin KaithavalappilChoice Equity Broking Private Limited