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Happiest Minds Technologies Limited

Information Technology · IT - Software

NSE: HAPPSTMNDS BSE: 543227
₹310.60
▲ 1.90 (0.62%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
54/100
Moderate
Valuation
75/100
Undervalued
Momentum
10/100
Bearish

QVM read Cheap on its own multiples Quality Moderate, Valuation Undervalued, Momentum Bearish

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

Key Metrics

Market Capitalization
₹4,730 Cr
PE (TTM)
19.4
Industry median 26.7 (88 companies)
Price to Book
2.8
PEG (TTM)
0.8
Institutions holding %
11.66%
FII + DII, latest filed period
Piotroski Score
6
Relative return vs Nifty50, qtr %
0.7
Relative return vs Sector, qtr %
1.3
Free Cash Flow
₹258 Cr
as of March 31, 2026
Industry median ₹0 Cr (143 companies)
EPS Growth (YoY)
40.00%
as of June 30, 2026
Industry median -8.25% (122 companies)
Net Profit Growth (TTM)
45.50%
as of June 30, 2026
Industry median 3.49% (121 companies)
Operating Revenue Growth (TTM)
24.46%
as of June 30, 2026
Industry median 8.06% (119 companies)
Profit Growth (YoY)
40.17%
as of June 30, 2026
Industry median 9.11% (122 companies)
Revenue Growth (YoY)
39.34%
as of June 30, 2026
Industry median 9.67% (113 companies)
Current Ratio
1.48
as of March 31, 2026
Industry median 2.53 (141 companies)
Debt to Equity
0.84
as of March 31, 2026
Industry median 0.00 (129 companies)
Interest Coverage
4.02
as of June 30, 2026
Industry median 17.20 (117 companies)
Net Margin
10.14%
as of June 30, 2026
Industry median 11.85% (119 companies)
Operating Margin (EBIT)
18.49%
as of June 30, 2026
Industry median 14.98% (120 companies)
Operating Margin (TTM)
20.63%
as of June 30, 2026
Industry median 15.28% (122 companies)
Return on Assets
5.87%
as of March 31, 2026
Industry median 5.12% (122 companies)
Return on Capital Employed
17.16%
as of March 31, 2026
Industry median 9.62% (121 companies)
Return on Equity
12.58%
as of March 31, 2026
Industry median 9.08% (123 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

2 of 8 met
  • No Net profit is higher than a year earlier in each of the last 4 quarters
  • Yes Revenue is higher than a year earlier in each of the last 4 quarters
  • No Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 6)
  • No Debt to equity is below 0.5 (0.84)
  • No Return on equity is 15% or more (12.6%)
  • Yes Net cash flow for the latest year is positive
  • No Cash from operations is higher than the year before

Ownership

3 of 3 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)

Peer comparison

2 of 3 met
  • No 1-year return beats the industry median
  • Yes Revenue growth beats the industry median
  • Yes Profit growth beats the industry median

Value and momentum

2 of 6 met
  • Yes Price sits in the Buy zone of its own historical PE range (Undervalued (below its own historical PE range))
  • Yes Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
0.6%
Low 308.6500 · High 315.2500
1W return
-2.2%
Low 303.3000 · High 316.6500
1M return
-23.7%
Low 303.3000 · High 404.0000
52W return
-40.9%
Low 303.3000 · High 534.5000
Lifetime High ₹1526.1000 (July 19, 2021)
Lifetime Low ₹307.1500 (Sept. 28, 2026)

Full price history and technicals →

Technicals

Full technicals, indicators & Volume/Delivery →

EMA & SMA

Bullish0
Bearish6
5D
310.9
10D
316.5
20D
331.9
50D
355.9
100D
369.1
200D
386.6

Delivery and volume

Day avg. delivery
48.1%
Week avg. delivery
43.5%
Month avg. delivery
32.4%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

311.50
Pivot
First resistance314.35
Second resistance318.10
Third resistance320.95
First support307.75
Second support304.90
Third support301.15
Day RSI28.7
Day MFI11.5
Day MACD-19.98
Day MACD signal-19.77

Beta

1M0.53
3M1.50
1Y1.15
3Y0.85

Price change analysis

↓ -23.7%
Over 1 Month
LowHigh
303.30404.00
↓ -7.8%
Over 3 Months
LowHigh
303.30457.30
↓ -20.9%
Over 6 Months
LowHigh
303.30457.30
↓ -40.9%
Over 1 Year
LowHigh
303.30534.50
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 19.4 (own history: 21.3–67.1)
Undervalued (below its own historical PE range)

Financials

View full financials, peers & valuation multiples →
Revenue (June 30, 2026)
₹561 Cr
Net profit (June 30, 2026)
₹57 Cr
Basic EPS (June 30, 2026)
₹3.7800

Ranks #26 of 126 in IT - Software by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter44.21%
  • Mutual funds4.42%
  • FII/FPI6.00%
  • Other DII1.24%
  • Public42.89%

Largest holders

NameCategoryShares %Shares
ASHOK SOOTAPromoter32.3400%49245787
ASHOK SOOTA MEDICAL RESEARCH LLPPromoter11.7900%17948784
SBI SMALL CAP FUNDPublic4.0500%6162887
NUGGEHALLI KRISHNAMACHARYA SRIRANGANARAYANANPublic1.2400%1881807
USHA SAMUELPromoter0.0500%74060

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 44.21% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings increased from 5.94% to 6.00% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings decreased from 7.00% to 4.42% in Jun 2026 qtr

1 mutual fund scheme also holds this stock.

All shareholding details →

Insider trading, SAST & pledges

All 59 insider trades, 7 SAST, 2 pledge events →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
12 Aug 2021 AJAY DURGAPRASAD AGRAWAL Other Sell 0 ₹0
9 Aug 2021 HUZEFA SAIFEE Other Sell 0 ₹0
9 Aug 2021 AJAY DURGAPRASAD AGRAWAL Other Sell 0 ₹0
4 Aug 2021 SRIDHAR MANTHA Other Sell 0 ₹0
4 Aug 2021 SAJITH KUMAR S Other Sell 0 ₹0
2 Jul 2021 THEETHIRA BHEEMAIAH GANAPATHI Other Sell 0 ₹0
29 Jun 2021 THEETHIRA BHEEMAIAH GANAPATHI Other Sell 0 ₹0
29 Jun 2021 SACHIN KHURANA Other Sell 0 ₹0
14 Jun 2021 THEETHIRA BHEEMAIAH GANAPATHI Other Sell 0 ₹0
8 Jun 2021 HUZEFA SAIFEE Other Sell 0 ₹0

All insider and SAST disclosures →

Deals (Bulk & Block)

All 143 deals, with filters and CSV →
DateClientDealActionQuantityPriceExchange
1 Sep 2026 QE SECURITIES LLP Bulk Sell 737,391 371.7200 NSE
1 Sep 2026 QE SECURITIES LLP Bulk Buy 769,851 368.3500 NSE
1 Sep 2026 HRTI PRIVATE LIMITED Bulk Buy 773,086 367.7800 NSE
1 Sep 2026 HRTI PRIVATE LIMITED Bulk Sell 732,232 371.6500 NSE
1 Sep 2026 BNP PARIBAS FINANCIAL MARKETS Bulk Sell 1,019,181 367.2300 NSE
27 Aug 2026 POLUNIN EMERGING MARKETS SMALL CAP FUND LLC Bulk Buy 830,000 429.9200 NSE
27 Aug 2026 POLUNIN EMERGING MARKETS SMALL CAP FUND LLC Bulk Buy 830,000 429.9200 NSE
20 Mar 2026 QE SECURITIES LLP Bulk Buy 908,765 398.5900 NSE
20 Mar 2026 QE SECURITIES LLP Bulk Sell 898,754 399.4800 NSE
20 Mar 2026 NK SECURITIES RESEARCH PRIVATE LIMITED Bulk Sell 944,910 402.6500 NSE

All bulk and block deals →

Dividends

Full dividend history →
Last 12 months ₹6.40 per share
Dividend yield 2.06%
Ex-dateSubjectPer share (₹)Record date
17 Jul 2026 Dividend - Rs 3.65 Per Share 3.6500 17 Jul 2026
4 Nov 2025 Interim Dividend - Rs 2.75 Per Share 2.7500 4 Nov 2025
18 Jul 2025 Dividend - Rs 3.50 Per Share 3.5000 18 Jul 2025
27 Nov 2024 Interim Dividend - Rs 2.50 Per Sh 2.5000 27 Nov 2024
14 Jun 2024 Dividend - Rs 3.25 Per Share 3.2500 14 Jun 2024
30 Oct 2023 Interim Dividend - Rs 2.50 Per Share 2.5000 30 Oct 2023
7 Jul 2023 Annual General Meeting/Dividend - Rs 3.40 Per Share 3.4000 —
2 Nov 2022 Interim Dividend - Rs 2 Per Share 2.0000 3 Nov 2022
23 Jun 2022 Annual General Meeting/Dividend - Rs 2 Per Share 2.0000 —
9 Nov 2021 Interim Dividend - Rs 1.75 Per Share 1.7500 10 Nov 2021

Board Meetings

View board meeting history →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
27 Jul 2026 Financial Results Yes
28 May 2026 Financial Results/Dividend Yes
9 Feb 2026 Financial Results Yes
28 Oct 2025 Financial Results/Dividend Yes
29 Jul 2025 Financial Results Yes

Corporate Announcements

All 658 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
30 Sep 2026 Others Happiest Minds Technologies Ltd - 543227 - Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD
25 Sep 2026 Insider Trading / SAST Happiest Minds Technologies Ltd - 543227 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
25 Sep 2026 Others Happiest Minds Technologies Ltd - 543227 - Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD
23 Sep 2026 Trading Window Happiest Minds Technologies Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
7 Sep 2026 Updates Happiest Minds Technologies Limited has informed the Exchange regarding 'Transcript of Investor/ Analyst Call'.
3 Sep 2026 Copy of Newspaper Publication Happiest Minds Technologies Limited has informed the Exchange about Copy of Newspaper Publication
2 Sep 2026 Shareholders meeting Happiest Minds Technologies Limited has informed the Exchange regarding Notice of Postal Ballot
1 Sep 2026 Updates Happiest Minds Technologies Limited has informed the Exchange regarding 'Audio recording of Analyst Call'.
31 Aug 2026 Updates Happiest Minds Technologies Limited has informed the Exchange regarding 'The Board of Directors at their meeting held on August 31, 2026, approved the shifting of registered office of the Company from the State of Karnataka to the state of West Bengal subject to approval of the shareholders of the Company and approval of Regional Director'.
31 Aug 2026 Agreements Happiest Minds Technologies Limited has informed the Exchange about Agreements

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Strong revenue growth YoY (39.3%)

Weaknesses

Data unavailable.

Opportunities

  • PEG below 1 (0.81) -- earnings growth outpacing its own valuation
  • RSI in oversold territory (28.7) -- a technical rebound zone

Threats

  • Down 40.9% over the past year

Board of directors and corporate information →

F&O

View F&O, Options & Backtest →

Data unavailable (no single-stock futures or options activity on record for this company).

Frequently asked questions about Happiest Minds Technologies Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.