Happiest Minds Technologies Ltd (HAPPSTMNDS) — shareholding pattern, promoter holding, financials and share price
About Happiest Minds Technologies Ltd (HAPPSTMNDS)
Happiest Minds Technologies Ltd operates in the Computers - Software & Consulting industry, within the Information Technology sector. It trades on the NSE as HAPPSTMNDS and on the BSE under scrip code 543227. Its ISIN is INE419U01012.
Incorporated in 2011, Happiest Minds Technologies Ltd is a next generation IT solutions & services Company [1]
Happiest Minds is an India‑headquartered next‑generation digital engineering and IT services company focused on AI‑native solutions, product and digital engineering (PDES), Generative AI Business Services (GBS) and Infrastructure Management & Security Services (IMSS), delivering platform‑led engagements across enterprise customers in the Americas, Europe, APAC and India.
Q3 FY26 showed steady operating execution with revenues of ₹58,756 lakhs (USD 65.7 million), 10.7% YoY growth, EBITDA margin around 20.4% and adjusted PAT margin of 11.6%; the reported PAT was impacted by a one‑time wage code charge of ₹22.03 crores, highlighting resilient core profitability after adjusting for exceptions.
Listed peers in Computers - Software & Consulting: Sonata Software Ltd, Newgen Software Technologies Ltd, Latent View Analytics Ltd, ASM Technologies Ltd, Mastek Ltd, Aurionpro Solutions Ltd.
Valuation & Returns
10 Jul 2026At ₹386.25 a share on 10 Jul 2026, Happiest Minds Technologies Ltd (HAPPSTMNDS) was valued at a price-to-earnings ratio of 27.66x against an industry P/E of 17.23x and a price-to-book of 3.48x on a book value of ₹110.95 per share as of Mar 2026. Solomo computes return on equity of 12.58% and return on capital employed of 12.01% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 27.66x
- Industry P/E
- 17.23x
- P/B
- 3.48x
- EPS (TTM)
- ₹13.96
- Book value / share
- ₹110.95
- ROE
- 12.58%
- ROCE
- 12.01%
- ROA
- 5.87%
- Debt / equity
- 0.88x
- Dividend yield
- 1.62%
- EBITDA margin
- 20.29%
- 52-week range
- ₹305.3 – ₹645.5
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Happiest Minds Technologies Ltd (HAPPSTMNDS) reported revenue of ₹2,315 crore, net profit of ₹213 crore and earnings per share of ₹13.96. That compares with revenue of ₹2,061 crore and net profit of ₹185 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹604 crore and net profit ₹61 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,094 | 1,429 | 1,625 | 2,061 | 2,315 |
| Net profit (₹ cr) | 181 | 231 | 248 | 185 | 213 |
| EPS (₹) | 12.34 | 15.73 | 16.31 | 12.13 | 13.96 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 16.68% | 17.80% | 9.01% | 12.30% |
| Profit growth | 55.40% | 6.72% | 1.18% | 15.14% |
| Stock price CAGR | - | -24% | -27% | -39% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 44.21% of Happiest Minds Technologies Ltd (HAPPSTMNDS) (unchanged from the previous quarter), foreign institutional investors (FII) hold 6% and domestic institutional investors (DII) hold 5.66%. Market capitalisation was ₹5,882 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2020.
Largest disclosed public shareholders in Jun 2026: SBI SMALL CAP FUND 4.05%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 44.21% | - | 6% | 5.66% | 54.55% |
| Mar 2026 | 44.21% | 1.8% | 5.94% | 8.99% | 54.47% |
| Dec 2025 | 44.21% | 1.8% | 5.89% | 9.63% | 54.45% |
| Sep 2025 | 44.21% | 1.8% | 5.39% | 10.2% | 54.43% |
| Jun 2025 | 44.21% | 1.8% | 5.33% | 10.57% | 54.39% |
| Mar 2025 | 44.21% | 1.8% | 5.04% | 10.59% | 54.32% |
| Dec 2024 | 44.22% | 1.8% | 5.34% | 6.08% | 54.25% |
| Sep 2024 | 44.22% | 1.8% | 5.33% | 4.18% | 54.13% |