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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 product companies in building products and services that integrates mobile, cloud, and social technologies. The company also provides Internet of Things (IoT) solutions, consisting of digital strategy creation consultation, end-to-end system integration on IoT platforms, IoT security and managed services, implementation of IoT roadmap, and derivation of insights. In addition, it offers analytics/artificial intelligence solutions, including implementation of advanced analytics using artificial intelligence, machine learning and statistical models, and engineering big data platforms; and digital process automation solutions, such as robotic process automation, intelligent business process management, and cognitive automation using AI and machine learning based models. The company was incorporated in 2011 and is headquartered in Bengaluru, India.
TODAY'S HIGH
932
TODAY'S LOW
902.3
52 WEEK HIGH
1580
52 WEEK LOW
752.9
% of Shares Held by
All Insider
61.70%
% of Shares Held by
Institutions
6.14%
% of Float Held by
Institutions
16.02%
Number of Institutions
Holding Shares
36
MARKET CAP
13331.43 Cr.
ETERPRISE VALUE
12614.15 Cr.
NO. OF SHARES
14.68 Cr.
BOOK VALUE
46.657
DIV. YIELD
2%
DEBT
249.74 Cr.
GROSS PROFIT
473.65 Cr.
CASH
632 Cr.
REVENUE
1093.65 Cr.
REVENUE/SHARE
77.497
Particulars | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
---|---|---|---|---|
Investments | -92.89 Cr. | -230.25 Cr. | -77.15 Cr. | -1.38 Cr. |
Change To Liabilities | 21.49 Cr. | -6.87 Cr. | 2.28 Cr. | 9.01 Cr. |
Total cashflows from Investing Activities | -96.08 Cr. | -283.63 Cr. | -73.74 Cr. | -27 Lakhs |
Net Borrowings | 2.57 Cr. | 73.21 Cr. | -10.35 Cr. | -46.12 Cr. |
Total Cash from Financing Activities | -90.78 Cr. | 169.36 Cr. | -13.34 Cr. | -58.84 Cr. |
Other Liabilities | -31.20 Cr. | -17.17 Cr. | -8.78 Cr. | 18.48 Cr. |
Total Assets | 1.71 Cr. | 110.72 Cr. | 4.42 Cr. | 4.42 Cr. |
Net Income | 181.20 Cr. | 162.46 Cr. | 71.71 Cr. | 14.21 Cr. |
Change in Cash | -18.54 Cr. | 42.30 Cr. | 27.26 Cr. | -24 Lakhs |
Effect of Exchange Rate | 20 Lakhs | -6 Lakhs | 2.12 Cr. | 1.25 Cr. |
Total Cash from Operating Activities | 168.12 Cr. | 143.65 Cr. | 112.22 Cr. | 57.62 Cr. |
Depreciation | 32.88 Cr. | 22.13 Cr. | 19.43 Cr. | 23.72 Cr. |
Other Cashflows from Investing Activities | 84 Lakhs | 7.84 Cr. | 4.54 Cr. | 2.06 Cr. |
Dividends Paid | -68.30 Cr. | -68.30 Cr. | -68.30 Cr. | -68.30 Cr. |
Change to Inventory | 0 | 0 | 0 | 0 |
Change to Account Receivables | -45.26 Cr. | -5.11 Cr. | 13.52 Cr. | -43.43 Cr. |
Other Cashflows from Financing Activities | -26.76 Cr. | -14.57 Cr. | -7.41 Cr. | -12.93 Cr. |
Change to Net Income | 9.01 Cr. | -12.40 Cr. | 13.26 Cr. | 34.57 Cr. |
Capital Expenditures | -67 Lakhs | -78 Lakhs | -46 Lakhs | -79 Lakhs |
Particulars | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
---|---|---|---|---|
Research Development | None | None | None | None |
Effect of Accounting Charges | None | None | None | None |
Income Before Tax | 245.85 Cr. | 186.02 Cr. | 73.61 Cr. | 12.98 Cr. |
Minority Interest | None | None | None | None |
Net Income | 224.79 Cr. | 168.75 Cr. | 76.87 Cr. | 39.39 Cr. |
Selling General Administrative | 0 | 2.67 Cr. | 5.63 Cr. | 6.39 Cr. |
Gross Profit | 473.65 Cr. | 317.66 Cr. | 250.76 Cr. | 200.93 Cr. |
Ebit | 224.79 Cr. | 168.75 Cr. | 76.87 Cr. | 39.39 Cr. |
Operating Income | 224.79 Cr. | 168.75 Cr. | 76.87 Cr. | 39.39 Cr. |
Other Operating Expenses | 215.98 Cr. | 123.50 Cr. | 148.03 Cr. | 130.37 Cr. |
Interest Expense | -9.95 Cr. | -6.69 Cr. | -7.50 Cr. | -11.25 Cr. |
Extraordinary Items | None | None | None | None |
Non Recurring | None | None | None | None |
Other Items | None | None | None | None |
Income Tax Expense | 64.65 Cr. | 23.56 Cr. | 1.90 Cr. | -1.23 Cr. |
Total Revenue | 1093.65 Cr. | 773.41 Cr. | 698.21 Cr. | 590.36 Cr. |
Total Operating Expenses | 868.86 Cr. | 604.66 Cr. | 621.34 Cr. | 550.97 Cr. |
Cost of Revenue | 620 Cr. | 455.75 Cr. | 447.45 Cr. | 389.43 Cr. |
Total Other Income Expense Net | 21.06 Cr. | 17.27 Cr. | -3.26 Cr. | -26.41 Cr. |
Discontinued Operations | None | None | None | None |
Net Income from Continuous Ops. | 181.20 Cr. | 162.46 Cr. | 71.71 Cr. | 14.21 Cr. |
Net Income Applicable to Common Shares | 181.20 Cr. | 162.46 Cr. | 71.71 Cr. | 14.21 Cr. |
Particulars | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
---|---|---|---|---|
Intangible Assets | 24.31 Cr. | 29.66 Cr. | 89 Lakhs | 2.13 Cr. |
Capital Surplus | 0 | 404.54 Cr. | 277.81 Cr. | 186.02 Cr. |
Total Liabilities | 459.21 Cr. | 375.96 Cr. | 242.84 Cr. | 479.57 Cr. |
Stock Holder Equity | 665.80 Cr. | 545.99 Cr. | 228.97 Cr. | -88.35 Cr. |
Minority Interest | 0 | 0 | 0 | 0 |
Other Liabilities | 114.97 Cr. | 28.39 Cr. | 16.57 Cr. | 11.25 Cr. |
Total Assets | 1125.01 Cr. | 921.95 Cr. | 508.15 Cr. | 413.52 Cr. |
Common Stock | 28.54 Cr. | 28.37 Cr. | 8.79 Cr. | 5.97 Cr. |
Retained Earnings | 0 | 105.50 Cr. | -55.97 Cr. | -286.33 Cr. |
Other Liabilities | 33.77 Cr. | 48.33 Cr. | 12.55 Cr. | 9.40 Cr. |
Good Will | 78.96 Cr. | 76.44 Cr. | 6.10 Cr. | 17.36 Cr. |
Treasury Stock | 637.26 Cr. | 7.58 Cr. | -1.66 Cr. | 5.99 Cr. |
Other Assets | 32.05 Cr. | 31.66 Cr. | 23.20 Cr. | 18.02 Cr. |
Cash | 168 Cr. | 85.83 Cr. | 43.53 Cr. | 26.27 Cr. |
Current Liabilities | 367.01 Cr. | 278.79 Cr. | 211.66 Cr. | 432.03 Cr. |
Long Term Asset Charges | 6.97 Cr. | 10.26 Cr. | 0 | 0 |
Short Long Term Debt | 173.40 Cr. | 19.97 Cr. | 7.95 Cr. | 7.29 Cr. |
Other Stockholder Equity | 637.26 Cr. | 7.58 Cr. | -1.66 Cr. | 5.99 Cr. |
Property Plant Equipment | 54.68 Cr. | 22.33 Cr. | 30.99 Cr. | 41.85 Cr. |
Total Cur. Assets | 927.39 Cr. | 744.53 Cr. | 445.14 Cr. | 333.99 Cr. |
Long Term Investments | 7.62 Cr. | 17.33 Cr. | 1.83 Cr. | 17 Lakhs |
Net Tangible Assets | 562.53 Cr. | 439.89 Cr. | 221.98 Cr. | -107.84 Cr. |
Short Term Investments | 464 Cr. | 29.40 Cr. | 101.85 Cr. | 13.51 Cr. |
Net Receivables | 167.42 Cr. | 189.31 Cr. | 161.31 Cr. | 148.12 Cr. |
Long Term Debt | 17.24 Cr. | 36.61 Cr. | 1.32 Cr. | 8.50 Cr. |
Inventory | 0 | 0 | 0 | 0 |
Accounts Payable | 60.72 Cr. | 41.01 Cr. | 34.42 Cr. | 28.78 Cr. |