HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS) financials

HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company[1]

Market Cap: ₹5,115Cr.
Current Price: ₹336
Stock P/E: 27.1
ROE: 15.2%
ROCE: 13.3%
Book Value: ₹107
Dividend Yield: 1.91%
52W High / Low: ₹531/299

In Jun 2026, HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS) reported sales ₹561 Cr and net profit ₹57 Cr.

Annual TTM: sales ₹1,967 Cr, net profit ₹177 Cr.

Shareholding: Promoters 44.21% (Sep 2026), FIIs 6.51% (Sep 2026), DIIs 3.22% (Sep 2026), Public 44.86% (Sep 2026), Others 1.22% (Sep 2026).

HAPPSTMNDS quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	403	404	388	491	430	433	543	561
Expenses	334	341	353	409	363	372	451	461
Operating Profit	69	62	35	82	68	60	92	100
OPM %	17%	15%	9%	17%	16%	14%	17%	18%
Other Income	27	22	38	30	39	-5	15	24
Interest	25	24	24	23	24	23	20	27
Depreciation	13	13	13	19	13	13	19	20
Profit before tax	58	47	37	69	70	20	68	76
Tax %	26%	27%	17%	26%	19%	28%	27%	25%
Net Profit	43	34	30	51	56	14	50	57
EPS in Rs	2.82	2.26	2.00	3.36	3.69	0.92	3.26	3.74
Raw PDF	—	—	—	—	—	—	—	—

HAPPSTMNDS profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	698	761	1,034	1,333	1,473	1,594	1,726	1,967
Expenses	599	571	788	1,012	1,184	1,358	1,467	1,647
Operating Profit	99	190	246	321	289	236	259	321
OPM %	14%	25%	24%	24%	20%	15%	15%	16%
Other Income	5	23	38	22	113	113	155	73
Interest	8	7	8	22	42	91	92	95
Depreciation	20	21	24	30	34	51	51	65
Profit before tax	75	186	251	292	325	207	270	234
Tax %	3%	13%	26%	26%	24%	25%	17%	—
Net Profit	73	162	186	216	246	155	224	177
EPS in Rs	14.87	11.03	12.70	14.73	16.14	10.21	14.72	11.61
Dividend Payout %	0%	26%	29%	36%	35%	58%	43%	—

HAPPSTMNDS balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	6	9	28	29	29	30	30	30
Reserves	-96	220	518	641	797	1,444	1,494	1,607
Borrowings	406	150	193	250	543	512	1,176	1,421
Other Liabilities	95	129	168	163	208	222	333	313
Total Liabilities	412	508	907	1,083	1,576	2,208	3,034	3,371
Fixed Assets	61	38	29	63	199	203	316	291
CWIP	0	0	0	0	3	0	0	1
Investments	98	83	489	524	197	197	1,133	1,303
Other Assets	252	387	389	495	1,178	1,807	1,584	1,775
Total Assets	412	508	907	1,083	1,576	2,208	3,034	3,371

HAPPSTMNDS cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	—	113	150	159	172	189	133	88
Cash from Investing Activity	—	-72	-284	-111	-342	-506	-650	-23
Cash from Financing Activity	—	-13	169	-72	102	358	450	-53
Net Cash Flow	—	27	36	-24	-68	41	-67	12
Free Cash Flow	—	111	149	155	37	179	124	83
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	—	120%	98%	86%	80%	95%	90%	58%

HAPPSTMNDS shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	44.23%	44.22%	44.22%	44.21%	44.21%	44.21%	44.21%	44.21%
FIIs	5.34%	5.04%	5.33%	5.39%	5.89%	5.94%	6.00%	6.51%
DIIs	6.08%	10.58%	10.57%	10.20%	9.62%	8.99%	5.66%	3.22%
Public	42.83%	38.70%	38.48%	38.83%	38.94%	39.53%	42.89%	44.86%
Others	1.52%	1.46%	1.40%	1.36%	1.34%	1.32%	1.24%	1.22%
No. of Shareholders	7,07,146	6,87,788	6,79,128	6,64,262	6,50,749	6,42,274	6,40,983	6,37,228

HAPPSTMNDS key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	79	60	56	57	54	57	64	72
Inventory Days	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—
Cash Conversion Cycle	79	60	56	57	54	57	64	72
Working Capital Days	76	-20	-33	-20	-52	-30	-139	-156
ROCE %	16%	27%	34%	31%	27%	22%	14%	13%

HAPPSTMNDSUpdated 18 Oct 2026, 1:03

Happiest Minds Techno Ltd

HAPPSTMNDSUpdated 18 Oct 2026, 1:03

Market Cap

₹5,115Cr.

Current Price

₹336

High / Low

₹531/299

Stock P/E

27.1

ROE15.2%

ROCE13.3%

Book Value₹107

Face Value₹2.00

Dividend Yield1.91%

About

Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	357	10	276	14	8	78	26	57	3.91
Sep 2023	370	11	298	22	9	74	26	55	3.58
Dec 2023	371	11	302	51	9	99	20	80	5.24
Mar 2024	375	10	308	26	9	74	27	54	3.54
Jun 2024	372	18	312	26	9	60	27	44	2.88
Sep 2024	403	25	334	27	13	58	26	43	2.82
Dec 2024	404	24	341	22	13	47	27	34	2.26
Mar 2025	388	24	353	38	13	37	17	30	2
Jun 2025	491	23	409	30	19	69	26	51	3.36
Sep 2025	430	24	363	39	13	70	19	56	3.69
Dec 2025	433	23	372	-5	13	20	28	14	0.92
Mar 2026	543	20	451	15	19	68	27	50	3.26
Jun 2026	561	27	461	24	20	76	25	57	3.74

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	270	1	296	7	5	-26	0	-26	-8.93
Mar 2016	341	1	339	10	5	5	0	5	1.51
Mar 2017	431	2	430	15	6	7	43	4	1.17
Mar 2018	444	6	461	17	7	-13	0	-13	-3.52
Mar 2019	590	16	531	-19	20	4	0	4	1.11
Mar 2020	698	8	599	5	20	75	3	73	14.87
Mar 2021	761	7	571	23	21	186	13	162	11.03
Mar 2022	1034	8	788	38	24	251	26	186	12.7
Mar 2023	1333	22	1012	22	30	292	26	216	14.73
Mar 2024	1473	42	1184	113	34	325	24	246	16.14
Mar 2025	1594	91	1358	113	51	207	25	155	10.21
Mar 2026	1726	92	1467	155	51	270	17	224	14.72
TTM	1967	95	1647	73	65	234	—	177	11.61

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	44.21%
FIIs	6.51%
DIIs	3.22%
Public	44.86%
Others	1.22%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public	Others
Dec 2023	50.24%	5.05%	2.41%	40.2%	2.1%
Mar 2024	50.24%	4.69%	2.57%	40.58%	1.92%
Jun 2024	44.23%	5.31%	2.85%	45.82%	1.79%
Sep 2024	44.23%	5.33%	4.18%	44.61%	1.65%
Dec 2024	44.23%	5.34%	6.08%	42.83%	1.52%
Mar 2025	44.22%	5.04%	10.58%	38.7%	1.46%
Jun 2025	44.22%	5.33%	10.57%	38.48%	1.4%
Sep 2025	44.21%	5.39%	10.2%	38.83%	1.36%
Dec 2025	44.21%	5.89%	9.62%	38.94%	1.34%
Mar 2026	44.21%	5.94%	8.99%	39.53%	1.32%
Jun 2026	44.21%	6%	5.66%	42.89%	1.24%
Sep 2026	44.21%	6.51%	3.22%	44.86%	1.22%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	6	79	48	49	182	7	0	68	107	182
Mar 2016	7	84	71	51	213	8	0	70	135	213
Mar 2017	7	156	95	54	311	11	0	155	145	311
Mar 2018	7	143	138	71	360	44	0	161	155	360
Mar 2019	6	-96	406	95	412	61	0	98	252	412
Mar 2020	9	220	150	129	508	38	0	83	387	508
Mar 2021	28	518	193	168	907	29	0	489	389	907
Mar 2022	29	641	250	163	1083	63	0	524	495	1083
Mar 2023	29	797	543	208	1576	199	3	197	1178	1576
Mar 2024	30	1444	512	222	2208	203	0	197	1807	2208
Mar 2025	30	1494	1176	333	3034	316	0	1133	1584	3034
Mar 2026	30	1607	1421	313	3371	291	1	1303	1775	3371

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	—	—	—	—
Mar 2016	—	—	—	—
Mar 2017	—	—	—	—
Mar 2018	—	—	—	—
Mar 2019	—	—	—	—
Mar 2020	113	-72	-13	27
Mar 2021	150	-284	169	36
Mar 2022	159	-111	-72	-24
Mar 2023	172	-342	102	-68
Mar 2024	189	-506	358	41
Mar 2025	133	-650	450	-67
Mar 2026	88	-23	-53	12

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	83	73	57	77	79	60	56	57	54	57	64	72
Inventory Days	—	—	—	—	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—	—	—	—	—
Cash Conversion Cycle	83	73	57	77	79	60	56	57	54	57	64	72
Working Capital Days	52	59	63	52	76	-20	-33	-20	-52	-30	-139	-156
ROCE %	-26%	1%	-1%	-6%	16%	27%	34%	31%	27%	22%	14%	13%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS)?

The reported market capitalisation for HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS) is ₹5,115Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of HAPPSTMNDS?

The current price shown for HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS) on Fincrux is ₹336 with a 52-week high/low of ₹531/299.

What is the P/E ratio of HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS)?

The stock P/E for HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS) is 27.1 on Fincrux, with ROE at 15.2% and ROCE at 13.3%.

What were HAPPSTMNDS latest quarterly results?

For Jun 2026, HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS) reported sales ₹561 Cr and net profit ₹57 Cr (figures in ₹ crore unless noted).

What are HAPPSTMNDS annual sales and net profit?

For TTM, HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS) shows sales of ₹1,967 Cr and net profit of ₹177 Cr on the Fincrux profit & loss statement.

Who owns HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS)?

Latest shareholding for HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS) on Fincrux: Promoters 44.21% (Sep 2026), FIIs 6.51% (Sep 2026), DIIs 3.22% (Sep 2026), Public 44.86% (Sep 2026), Others 1.22% (Sep 2026).

Where can I find HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS) financials?

HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show HAPPSTMNDS balance sheet and cash flow?

Yes. The HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 18 October 2026 at 1:03