Happiest minds share price

Description • Happiest Minds is a Bangalore-based IT service provider large-cap Company having a market cap of INR 20,487.53 Crores as of 16th August 2021. The company was incorporated in 2011. Happiest Minds came out with an initial public offer which was listed at BSE and NSE on 17th September 2020. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 543227 and scrip code HAPPSTMNDS. As of 16th August 2021, Happiest Minds Limited is trading at INR 1,386.80. Happiest Minds Technologies Limited is a next-generation digital, infrastructure, security, and merchandise engineering company. The business of the corporate is split into three categories; Digital Business Service (DBS), Product Engineering Service (PES), and Infrastructure and Management Security Service (IMSS). The major revenue verticals of the company are Edutech (25.6%), Hitech (18.2%), Banking and Financial Services (16.4%), and Travel, Media, and entertainment (13.6%). Happiest Minds have around 150 active customers and have a global presence in different countries. As of 31st March 2021, it has a total 3,228 number of employees, including contractual employees. 24.5% of permanent employees are women employees. During the FY 2020-21, the company has acquired 100% ownership interest in PGS Inc. with effect from 1st January 2021. The company also has a wholly-owned subsidiary, namely Happiest Minds Inc. USA. As of 31st March 2021, promoters within the company held 53.25%, 25% of...

Happiest Minds Technologies Ltd., incorporated in the year 2011, is a Large Cap company (having a market cap of Rs 20908.23 Crore) operating in IT Software sector. Financials For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 253.87 Crore, up 13.47 % from last quarter Total Income of Rs 223.74 Crore and up 35.77 % from last year same quarter Total Income of Rs 186.99 Crore. Company reported net profit after tax of Rs 35.73 Crore in latest quarter. Higher highs on smaller time frame and surpassed is immediate hurdle of consolidation on daily frame Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice. • 4,813.00 12:00 PM | 15 Jun 2023 114.00 (2.43%) 1,403.95 12:00 PM | 15 Jun 2023 25.30 (1.84%) 3,545.40 12:00 PM | 15 Jun 2023 59.45 (1.71%) 379.90 12:00 PM | 15 Jun 2023 6.35 (1.70%) • 390.35 12:00 PM | 15 Jun 2023 -6.10 (-1.54%) 1,303.15 12:00 PM | 15 Jun 2023 -20.10 (-1.52%) 576.50 12:00 PM | 15 Jun 2023 -8.55 (-1.46%) 1,286.40 12:00 PM | 15 Jun 2023 -14.00 (-1.08%)

• 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. Quarterly Result (All Figures in Cr.) PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Net Sales 286.82 307.81 337.65 344.76 342.33 Total Expenditure 213.63 232.2 254.27 266.16 261.9 Operating Profit 73.19 75.61 83.38 78.6 80.43 Other Income 10.42 4.12 4.11 8.18 8.71 Interest 2.21 2.37 4.51 6.01 8.61 Depreciation 6.65 7.1 7.39 7.52 7.95 Exceptional Items 6.09 0 0 0 0 Profit Before Tax 80.84 70.26 75.59 73.25 72.58 Tax 18.63 17.72 20.28 15.98 21.32 Profit After Tax 62.21 52.54 55.31 57.27 51.26 Adjusted EPS (Rs) 4.36 3.58 3.87 3.9 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.) ...

• Happiest Minds Technologies, the Indian mid-cap IT services company, has tripled in value since the launch of its IPO in September 2020. • According to Nomura, the company is doing the same thing as its peers — like MindTree and L&T Infotech — but it’s doing it better. • Happiest Minds’ is leveraging its partnerships with big players like Google, Microsoft, AWS, Salesforce and others to dip its toe into a bigger pool of potential customers. Increase in share price of Happiest Minds Technologies since IPO launch BI India Nomura believes this momentum will continue to build as a result of ramp up in deals and partnerships that Happiest Minds has been able to capitalise on. Nonetheless, Nomura expects Happiest Minds to continue to grow at nearly two times the pace of large caps — like Tata Consultancy Services (TCS), HCL Tech, Infosys and Wipro — and 1.5 times the pace of its mid-cap peers, owing to its digital presence. Even though the Bengaluru-based company has a similar distribution of clients as its mid-cap peers — like MindTree and L&T Infotech — it’s able to get a bigger bang for its buck, according to global financial services major Nomura. Competitors Market capitalisation Share price gains since September 17 Happiest Mind Technologies ₹ 2,339.54 crore 208.8% Tata Elxsi ₹ 9,513.50 crore 114.1% Cyient ₹ 5,159.95 crore 47.13% Persistent Systems ₹ 8,858.92 crore 44.17% L&T Infotech ₹ 16,794.01 crore 41.66% MindTree ₹ 38.64 crore 33.66% MphasiS ₹ 12,572.82 crore 25.12%...

• Previous Close 916.60 • Open 920.80 • Bid 0.00 x N/A • Ask 0.00 x N/A • Day's Range 911.95 - 932.30 • 52 Week Range 763.25 - 1,136.00 • Volume 193,790 • Avg. Volume 246,445 • Market Cap 134.704B • Beta (5Y Monthly) 0.05 • PE Ratio (TTM) 57.18 • EPS (TTM) 16.04 • Earnings Date Jul 19, 2023 - Jul 24, 2023 • Forward Dividend & Yield 6.80 (0.74%) • 1y Target Est N/A 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. The DBS segment offers enterprise applications and customized solutions, comprising of advisory, design and architecture, custom-app development, package implementation, and testing and on-going support services to IT initiatives. The PES segment assists software pr...

Sector Information Technology Compare with Sector peers Industry IT - Software Compare with Industry peers Website http://www.happiestminds.com Market Cap 13,476.93 Cr. Enterprise Value(EV) 13,252.65 Cr. 2023-03 Financial Indicators • Consolidated • Standalone Earnings per share (EPS) 15.73 Trailing Twelve Months Ending 2023-03 Price-Earning Ratio (PE) 58.34 Trailing Twelve Months Ending 2023-03 Industry PE 25.60 Trailing Twelve Months Ending 2023-03 Book Value / Share 57.16 Trailing Twelve Months Ending 2023-03 Price to Book Value 16.05 Calculated using Price: 917.65 Dividend Yield 0.59 Period Ending 2022-03 No. of Shares Subscribed 14.69 Cr. 146,863,556 Shares FaceValue 2 About Happiest Minds Technologies Ltd. Positioned as ‘Born Digital. Born Agile', Happiest Minds Technologies focus on delivering a seamless digital experience to customers. Its offerings include, among others, digital business, product engineering, infrastructure management and security services. Its capabilities provide end-to-end solution in the digital space. It has developed a customer-centric focus that aims to fulfil their immediate business requirements and to provide them strategically viable, futuristic and transformative digital solutions. The company helps its customers in finding new ways to interact with their users and clients enabling them to become more engaging, responsive and efficient. It also offers solutions across the spectrum of various digital technologies such as Robotic Proce...