Happiest Minds Technologies Ltd.

NSE: HAPPSTMNDS BSE: 543227 SECTOR: IT - Software  185k   3k   1k

1004.55
-4.85 (-0.48%)
NSE: 07 Oct 03:59 PM

Price Summary

Today's High

₹ 1017.95

Today's Low

₹ 1001.15

52 Week High

₹ 1439

52 Week Low

₹ 785.6

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

14753.18 Cr.

Enterprise Value

14805.02 Cr.

No. of Shares

14.69 Cr.

P/E

72.32

P/B

20.51

Face Value

₹ 2

Div. Yield

0.38 %

Book Value (TTM)

₹  48.97

CASH

156.72 Cr.

DEBT

208.56 Cr.

Promoter Holding

53.25 %

EPS (TTM)

₹  13.89

Sales Growth

35.82%

ROE

30.85 %

ROCE

32.28%

Profit Growth

15.16 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year35.82%
3 Year20.52%
5 Year19.13%

Profit Growth

1 Year15.16%
3 Year256.67%
5 Year113.13%

ROE%

1 Year30.85%
3 Year61.31%
5 Year37.94%

ROCE %

1 Year32.28%
3 Year36.94%
5 Year24.2%

Debt/Equity

0.3132

Price to Cash Flow

92.63

Interest Cover Ratio

31.2228915662651

CFO/PAT (5 Yr. Avg.)

1.16956911376462

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2022 53.25 0
Mar 2022 53.26 0
Dec 2021 53.25 0
Sep 2021 53.25 0
Jun 2021 53.25 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The Company has a good ROE track record of 61.3062216623362%.
  • The company has delivered average Profit Growth of 256.667452263922% in last 3 years.
  • The company has delivered good Income growth over the past 3 years of 20.5230522748276%.
  • The company has effective cash conversion ratio of 85.4086229086229.
  • Company has sound operating leverage of 10.9579374460767 times.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
Net Sales 230.41 250.43 265.88 286.82 307.81
Total Expenditure 176.69 191.63 205.56 213.63 232.2
Operating Profit 53.72 58.8 60.32 73.19 75.61
Other Income 9.27 9.59 8.43 10.42 4.12
Interest 1.63 2.42 2.4 2.21 2.37
Depreciation 5.09 6.19 6.3 6.65 7.1
Exceptional Items -6.09 0 0 6.09 0
Profit Before Tax 50.18 59.78 60.05 80.84 70.26
Tax 15.17 15.3 15.27 18.63 17.72
Profit After Tax 35.01 44.48 44.78 62.21 52.54
Adjusted EPS (Rs) 2.38 3.13 3.05 4.36 3.58

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 443.65 590.36 698.21 760.96 1033.54
Total Expenditure 460.52 531.91 599.38 571.28 787.87
Operating Profit -16.87 58.45 98.83 189.68 245.67
Other Income 16.58 11.62 15.98 23.42 37.71
Interest 5.92 15.89 7.99 6.45 8.3
Depreciation 6.87 20.24 20.23 20.63 24.23
Exceptional Items 0 -29.83 -11.26 0 0
Profit Before Tax -13.08 4.11 75.33 186.02 250.85
Provision for Tax 0 0 1.9 24.09 64.37
Net Profit -13.08 4.11 73.43 161.93 186.48
Adjusted EPS (Rs.) -3.52 1.38 16.71 11.42 13.07

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 48.65 28.27 45.13 28.37 28.54
Total Reserves 143.24 -95.86 220.48 518.3 641.2
Borrowings 18.14 8.5 1.32 36.61 17.24
Other N/C liabilities 13.89 38.99 29.86 43.05 50.4
Current liabilities 135.76 431.89 211.32 270.36 338.44
Total Liabilities 359.68 411.79 508.11 896.69 1075.82
Assets
Net Block 44.04 61.1 37.8 28.92 63.48
Capital WIP 0.14 0 0 0.14 0
Intangible WIP 0 0.17 0.17 0 0.35
Investments 23.4 0 0 97.2 60.25
Loans & Advances 16.67 17.54 21.02 17.57 32.92
Other N/C Assets 3.1 0.65 4.01 21.16 14.89
Current Assets 272.33 332.33 445.11 731.7 903.93
Total Assets 359.68 411.79 508.11 896.69 1075.82
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations -13.08 4.11 75.33 186.02 250.85
Adjustment 2.1 79.38 36.59 20.28 11.95
Changes in Assets & Liabilities 13.47 -21.7 6.75 -20.43 -50.78
Tax Paid 0.2 -3.36 -6.05 -36 -52.75
Operating Cash Flow 2.69 58.43 112.62 149.87 159.27
Investing Cash Flow -27.67 0.74 -72.37 -283.76 -110.61
Financing Cash Flow 32.74 -58.34 -12.8 169.91 -72.17
Net Cash Flow 7.76 0.83 27.45 36.02 -23.51

Corporate Actions

Investors Details

PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Promoters 53.25 53.25 53.25 53.26 53.25
ashok soota 40.90 40.90 40.90 40.90 40.88
total - - - - 40.88
ashok soota medica... 12.22 12.22 12.22 12.22 -
usha samuel 0.05 0.05 0.05 0.05 -
deepak soota 0.03 0.03 0.03 0.03 -
kunku soota 0.03 0.03 0.03 0.03 -
suresh soota 0.02 0.02 0.02 0.02 -
PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Investors 46.75 46.75 46.75 46.74 46.75
total - - - - 59.12
other holding - - - - 39.39
happiest minds tec... - - - - 19.73
nuggehalli krishna... 3.46 - - - -
plutus wealth mana... 2.04 2.04 1.70 1.70 -
government of sing... 2.57 1.88 1.35 - -
sbi magnum midcap ... 1.57 - - - -
morgan stanley inv... - - 1.06 1.24 -
sundaram mutual fu... 1.06 - - - -
goldman sachs indi... 1.03 - - - -
l&t mutual fund tr... 1.02 - - - -
qualified institut... 0.59 0.51 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Happiest Minds Technologies gets nod to raise Rs 1400 crore6 Oct 2022, 10:20AM Happiest Minds Technologies planning to raise Rs 1400 crore 1 Oct 2022, 10:20AM Happiest Minds Technologies wins Golden Peacock Award30 Sep 2022, 11:38AM Happiest Minds Technologies recognized among Top 50 India’s Best Workplaces28 Sep 2022, 2:48PM Happiest Minds Technologies deploys Solar Plant at Bengaluru Campus 16 Sep 2022, 2:47PM Happiest Minds Technologies informs about press release15 Sep 2022, 2:50PM Happiest Minds Technologies informs about press release13 Sep 2022, 12:48PM Happiest Minds Technologies recognized among best workplaces in Asia 202213 Sep 2022, 11:18AM Happiest Minds Technologies informs about press release12 Sep 2022, 1:03PM Happiest Minds Technologies to expand Noida facility12 Sep 2022, 11:59AM Happiest Minds Technologies informs about press release9 Sep 2022, 4:32PM Happiest Minds Technologies achieves select tier partner status from Snowflake9 Sep 2022, 2:11PM Happiest Minds Technologies informs about press release12 Aug 2022, 12:52PM Happiest Minds Technologies rolls out Identity Vigil 2.0 powered by OneLogin12 Aug 2022, 12:28PM Happiest Minds Technologies launches end-to-end security services for healthcare4 Aug 2022, 5:48PM Happiest Minds Technologies informs about audio recording of earnings call 22 Jul 2022, 4:02PM Happiest Minds Technologies reports 58% rise in Q1 consolidated net profit22 Jul 2022, 2:19PM Happiest Minds Technologies informs about financial results22 Jul 2022, 1:58PM Happiest Minds Tech. - Quaterly Results21 Jul 2022, 11:06PM Happiest Minds Tech. - Quaterly Results21 Jul 2022, 11:06PM Happiest Minds Technologies buys 2.4 lakh square feet office space in Bengaluru15 Jul 2022, 5:56PM Happiest Minds Technologies informs about press release15 Jul 2022, 4:59PM Happiest Minds Technologies informs about board meeting12 Jul 2022, 3:52PM Happiest Minds Technologies informs about transcript of AGM 11 Jul 2022, 12:10PM Happiest Minds Technologies informs about press release8 Jul 2022, 11:54AM Happiest Minds Technologies enters into strategic partnership with CloudFabrix’s RDAF8 Jul 2022, 11:42AM Happiest Minds named finalist for 2022 Microsoft Partner of the Year Awards5 Jul 2022, 12:00PM Happiest Minds Technologies informs about voting results of AGM2 Jul 2022, 11:10AM Happiest Minds Technologies informs about press release23 Jun 2022, 2:59PM Happiest Minds positioned as ‘Innovator’ in NelsonHall’s Digital Banking Services NEAT Report23 Jun 2022, 2:37PM Morgan Stanley Investment Funds divests shares of Happiest Minds Technologies worth Rs 105 crore21 Jun 2022, 11:48AM Happiest Minds Technologies informs about closure of trading window21 Jun 2022, 10:28AM Happiest Minds Technologies recognized in ‘India’s Top 50 Best Companies to Work For 2022’15 Jun 2022, 1:00PM Happiest Minds Technologies informs about press release14 Jun 2022, 12:30PM Happiest Minds Technologies informs about tax deduction on dividend9 Jun 2022, 2:11PM Happiest Minds Technologies informs about disclosure7 Jun 2022, 12:57PM Happiest Minds Technologies informs about analyst 30 May 2022, 12:04PM Happiest Minds Technologies informs about disclosure19 May 2022, 3:29PM Happiest Minds Technologies informs about annual disclosure11 May 2022, 5:36PM Happiest Minds Tech. - Quaterly Results5 May 2022, 9:04PM Happiest Minds Tech. - Quaterly Results5 May 2022, 9:04PM Happiest Minds Technologies informs about non- applicability of large corporate entity20 Apr 2022, 2:49PM Happiest Minds Technologies informs about compliance certificate14 Apr 2022, 12:07PM Happiest Minds Technologies informs about analyst meet22 Mar 2022, 10:00AM Happiest Minds Technologies enters into strategic partnership with OutSystems17 Mar 2022, 12:24PM Happiest Minds Technologies informs about press release17 Mar 2022, 11:11AM Happiest Minds Technologies informs about press release9 Feb 2022, 12:17PM Happiest Minds Technologies recognized as leader in Enterprise Software segment9 Feb 2022, 11:36AM Happiest Minds Technologies informs about analyst meet5 Feb 2022, 12:47PM Happiest Minds Technologies informs about board meeting proceedings29 Jan 2022, 10:37AM

Happiest Minds Tech. Stock Price Analysis and Quick Research Report. Is Happiest Minds Tech. an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Happiest Minds Tech. has a PE ratio of 72.3160872789052 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Happiest Minds Tech. has ROA of 18.9078889333894 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Happiest Minds Tech. has a Current ratio of 2.67087223732419 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Happiest Minds Tech. has a ROE of 30.8499110798627 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Happiest Minds Tech. has a D/E ratio of 0.3132 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Happiest Minds Tech. has reported revenue growth of 35.8205424726661 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Happiest Minds Tech. for the current financial year is 23.7697621765969 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Happiest Minds Tech. is Rs 3.75 and the yield is 0.3732 %.

Brief about Happiest Minds Tech.

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