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 percentage | 65.4% |
| CEO tenure | 9.4yrs |
| CEO ownership | 0.4% |
| Management average tenure | 6.9yrs |
| Board average tenure | 5.7yrs |
Recent management updates
Recent updates
Analyst Estimates: Here's What Brokers Think Of Happiest Minds Technologies Limited (NSE:HAPPSTMNDS) After Its Second-Quarter Report
Nov 17
Investors Could Be Concerned With Happiest Minds Technologies' (NSE:HAPPSTMNDS) Returns On Capital
Sep 20Is 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 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | ₹2b |
| Jun 30 2024 | n/a | n/a | ₹2b |
| Mar 31 2024 | ₹15m | ₹10m | ₹2b |
| Dec 31 2023 | n/a | n/a | ₹2b |
| Sep 30 2023 | n/a | n/a | ₹2b |
| Jun 30 2023 | n/a | n/a | ₹2b |
| Mar 31 2023 | ₹13m | ₹9m | ₹2b |
| Dec 31 2022 | n/a | n/a | ₹2b |
| Sep 30 2022 | n/a | n/a | ₹2b |
| Jun 30 2022 | n/a | n/a | ₹2b |
| Mar 31 2022 | ₹13m | ₹9m | ₹2b |
| Dec 31 2021 | n/a | n/a | ₹2b |
| Sep 30 2021 | n/a | n/a | ₹2b |
| Jun 30 2021 | n/a | n/a | ₹1b |
| Mar 31 2021 | ₹11m | ₹11m | ₹2b |
| Dec 31 2020 | n/a | n/a | ₹1b |
| Sep 30 2020 | n/a | n/a | ₹1b |
| Jun 30 2020 | n/a | n/a | ₹994m |
| Mar 31 2020 | ₹11m | ₹11m | ₹717m |
Compensation vs Market: Venkat's total compensation ($USD179.96K) is below average for companies of similar size in the Indian market ($USD475.66K).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 13.7yrs | ₹15.50m | 33.06% ₹ 35.8b | |
| MD, CFO | 9.4yrs | ₹15.30m | 0.37% ₹ 399.0m | |
| Exec. Vice Chairman | 4.1yrs | ₹41.70m | 0.28% ₹ 308.3m | |
| Company Secretary & Compliance Officer | 9.4yrs | ₹6.00m | no data | |
| Executive Director & Member of Executive Board | 5.5yrs | no data | no data | |
| Member of Executive Board | 4.5yrs | ₹11.99m | no data | |
| Chief Information Officer | 6.9yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Chief People Officer | 6.9yrs | no data | no data | |
| Head of Engineering & Business Excellence | 7yrs | no data | no data | |
| COO of IMSS | 6.9yrs | no data | no data | |
| CTO of IMSS & Head of Security Services | 6.9yrs | no data | no data |
6.9yrs
Average Tenure
53yo
Average Age
Experienced Management: HAPPSTMNDS's management team is seasoned and experienced (6.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | 13.7yrs | ₹15.50m | 33.06% ₹ 35.8b | |
| MD, CFO | 6.9yrs | ₹15.30m | 0.37% ₹ 399.0m | |
| Exec. Vice Chairman | 4.1yrs | ₹41.70m | 0.28% ₹ 308.3m | |
| Executive Director & Member of Executive Board | less than a year | no data | no data | |
| Member of Advisory Board | 12.7yrs | no data | no data | |
| Member of Advisory Board | 12.7yrs | no data | no data | |
| Chairman & Chief Strategy Officer of PureSoftware Business | less than a year | no data | no data | |
| Member of Advisory Board | 12.7yrs | no data | no data | |
| Member of Advisory Board | 12.7yrs | no data | no data | |
| Independent Director | 4.5yrs | ₹2.50m | no data | |
| Lead Independent Director | 4.5yrs | ₹3.00m | no data | |
| Non-Executive Independent Director | less than a year | no data | no data |
5.7yrs
Average Tenure
61yo
Average Age
Experienced Board: HAPPSTMNDS's board of directors are considered experienced (5.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 17:36 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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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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.
| Analyst | Institution |
|---|---|
| Mohit Jain | Anand Rathi Shares and Stock Brokers Limited |
| Piyush Kumar Pandey | Centrum Broking Limited |
| Jathin Kaithavalappil | Choice Equity Broking Private Limited |