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:

25722.10

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83938.71

-155.75 (-0.60%)
-465.75 (-0.55%)

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Nifty
Sensex

:
:

25722.10
83938.71

-155.75 (-0.60%)
-465.75 (-0.55%)

Happiest Minds Technologies Ltd.

IT - Software

Rating :

52/99

BSE: 543227 | NSE: HAPPSTMNDS

Watchlist

NSE BSE

515.55

31-Oct-2025

Open
High
Low
Previous Close

520
520.5
514
521.35

Volume
Traded Value (lacs)
52 Week High
52 Week Low

216931
111869263.55
795
486.6

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

7,850.53
40.21
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

8,111.72
1.16%
4.82

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

15.82
21.65
12.97

EBITDA CAGR (%)

10 Years
5 Years
3 Years

57.46
12.94
0.38

PAT CAGR (%)

10 Years
5 Years
3 Years

40.94
2.59
-7.19

P:E (Median)

8 Years
5 Years
3 Years

-
59.35
52.13

P:BV (Average)

8 Years
5 Years
3 Years

-
15.22
9.73

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
42.05
28.40

Earnings Forecasts:

(Updated: 01-11-2025)

Description 2024 2025 2026 2027
Adj EPS 12.26 17.04 21.53 25.25
P/E Ratio 42.05 30.26 23.95 20.42
Revenue 2060.84 2309.68 2621.1 2997.47
EBITDA 354.42 419.88 515.02 599.18
Net Income 184.66 234.4 314.98 373.82
ROA 6.59
P/B Ratio 4.91 4.57 4.14 3.72
ROE 12.09 14.71 17.25 18.59
FCFF 231.32 254.3 301.55 327
FCFF Yield 3.1 3.41 4.04 4.39
Net Debt -165.03
BVPS 104.94 112.84 124.41 138.7

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 430.45 403.01 6.81% 402.41 372.40 8.06% 361.09 375.24 -3.77% 373.23 370.58 0.72%
Expenses 362.66 333.56 8.72% 343.36 311.94 10.07% 334.92 307.70 8.85% 321.98 302.36 6.49%
EBITDA 67.79 69.45 -2.39% 59.05 60.46 -2.33% 26.17 67.54 -61.25% 51.25 68.22 -24.88%
EBIDTM 15.75% 17.23% 14.67% 16.24% 7.25% 18.00% 13.73% 18.41%
Other Income 39.00 26.53 47.00% 28.72 26.15 9.83% 92.99 25.47 265.10% 22.02 49.59 -55.60%
Interest 23.94 24.93 -3.97% 23.33 17.73 31.58% 24.55 10.33 137.66% 24.47 10.64 129.98%
Depreciation 13.10 12.66 3.48% 9.41 9.06 3.86% 9.24 9.13 1.20% 9.52 8.94 6.49%
PBT 69.75 58.39 19.46% 55.03 59.82 -8.01% 61.93 73.91 -16.21% 39.28 99.30 -60.44%
Tax 13.52 15.46 -12.55% 14.45 15.98 -9.57% 4.17 19.98 -79.13% 10.58 19.47 -45.66%
PAT 56.23 42.93 30.98% 40.58 43.84 -7.44% 57.76 53.93 7.10% 28.70 79.83 -64.05%
PATM 13.06% 10.65% 10.08% 11.77% 16.00% 14.37% 7.69% 21.54%
EPS 3.69 2.82 30.85% 2.66 2.88 -7.64% 3.79 3.54 7.06% 1.88 5.24 -64.12%

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 573.57 521.64 9.96% 549.90 463.82 18.56% 544.57 417.29 30.50% 530.81 409.88 29.50%
Expenses 474.92 429.84 10.49% 455.88 378.98 20.29% 460.69 334.28 37.82% 436.91 328.98 32.81%
EBITDA 98.65 91.80 7.46% 94.02 84.84 10.82% 83.88 83.01 1.05% 93.90 80.90 16.07%
EBIDTM 17.20% 17.60% 17.10% 18.29% 15.40% 19.89% 17.69% 19.74%
Other Income 21.61 27.03 -20.05% 30.03 25.44 18.04% 25.95 25.21 2.94% 22.96 24.29 -5.48%
Interest 25.41 27.99 -9.22% 24.82 19.83 25.16% 24.74 10.33 139.50% 26.93 10.72 151.21%
Depreciation 22.19 23.12 -4.02% 22.36 22.04 1.45% 22.55 14.69 53.51% 20.99 14.81 41.73%
PBT 72.66 67.72 7.29% 76.87 68.41 12.37% 50.38 96.15 -47.60% 68.94 80.73 -14.60%
Tax 18.64 18.20 2.42% 19.74 17.38 13.58% 16.38 24.17 -32.23% 18.84 21.11 -10.75%
PAT 54.02 49.52 9.09% 57.13 51.03 11.95% 34.00 71.98 -52.76% 50.10 59.62 -15.97%
PATM 9.42% 9.49% 10.39% 11.00% 6.24% 17.25% 9.44% 14.55%
EPS 3.60 3.31 8.76% 3.80 3.41 11.44% 2.27 4.82 -52.90% 3.34 4.00 -16.50%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 1,567.18 1,481.37 1,472.88 1,332.55 1,033.54 760.96 698.21 590.36 443.65 430.77 341.16 Net Sales Growth 3.02% 0.58% 10.53% 28.93% 35.82% 8.99% 18.27% 33.07% 2.99% 26.27% Cost Of Goods Sold 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.39 0.00 0.00 Gross Profit 1,567.18 1,481.37 1,472.88 1,332.55 1,033.54 760.96 698.21 590.36 442.26 430.77 341.16 GP Margin 100.00% 100% 100% 100% 100% 100% 100% 100% 99.69% 100% 100% Total Expenditure 1,362.92 1,284.66 1,184.04 1,025.98 787.87 571.28 599.38 531.91 460.52 429.97 339.06 Power & Fuel Cost - 4.80 5.49 4.35 2.04 1.84 4.49 3.91 4.29 2.94 2.21 % Of Sales - 0.32% 0.37% 0.33% 0.20% 0.24% 0.64% 0.66% 0.97% 0.68% 0.65% Employee Cost - 1,017.94 947.72 786.90 612.10 450.12 441.23 381.42 340.78 305.35 236.90 % Of Sales - 68.72% 64.34% 59.05% 59.22% 59.15% 63.19% 64.61% 76.81% 70.88% 69.44% Manufacturing Exp. - 17.70 20.65 18.70 15.05 8.07 81.23 71.97 6.89 8.05 37.17 % Of Sales - 1.19% 1.40% 1.40% 1.46% 1.06% 11.63% 12.19% 1.55% 1.87% 10.90% General & Admin Exp. - 62.37 48.36 37.76 22.17 12.92 46.62 35.42 54.78 55.77 55.37 % Of Sales - 4.21% 3.28% 2.83% 2.15% 1.70% 6.68% 6.00% 12.35% 12.95% 16.23% Selling & Distn. Exp. - 7.49 4.94 4.56 2.36 2.32 4.49 5.09 6.48 6.27 0.40 % Of Sales - 0.51% 0.34% 0.34% 0.23% 0.30% 0.64% 0.86% 1.46% 1.46% 0.12% Miscellaneous Exp. - 23.76 10.15 18.88 5.11 10.72 9.05 21.43 2.57 2.75 0.40 % Of Sales - 1.60% 0.69% 1.42% 0.49% 1.41% 1.30% 3.63% 0.58% 0.64% 2.06% EBITDA 204.26 196.71 288.84 306.57 245.67 189.68 98.83 58.45 -16.87 0.80 2.10 EBITDA Margin 13.03% 13.28% 19.61% 23.01% 23.77% 24.93% 14.15% 9.90% -3.80% 0.19% 0.62% Other Income 182.73 168.87 111.26 36.57 37.71 23.42 15.98 11.62 16.58 15.05 10.36 Interest 96.29 91.68 42.27 21.50 8.30 6.45 7.99 15.89 5.92 2.48 1.95 Depreciation 41.27 37.19 34.30 29.96 24.23 20.63 20.23 20.24 6.87 5.96 5.06 PBT 225.99 236.71 323.53 291.68 250.85 186.02 86.59 33.94 -13.08 7.41 5.45 Tax 42.72 44.71 79.23 75.30 64.37 24.09 1.90 0.00 0.00 3.17 0.00 Tax Rate 18.90% 20.96% 24.38% 25.82% 25.66% 12.95% 2.52% 0.00% 0.00% 42.78% 0.00% PAT 183.27 168.56 245.73 216.38 186.48 161.93 73.43 4.11 -13.08 4.24 5.45 PAT before Minority Interest 183.27 168.56 245.73 216.38 186.48 161.93 73.43 4.11 -13.08 4.24 5.45 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 11.69% 11.38% 16.68% 16.24% 18.04% 21.28% 10.52% 0.70% -2.95% 0.98% 1.60% PAT Growth -16.90% -31.40% 13.56% 16.03% 15.16% 120.52% 1,686.62% - - -22.20% EPS 12.03 11.07 16.13 14.21 12.24 10.63 4.82 0.27 -0.86 0.28 0.36

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Net Sales 2,198.85 2,060.84 1,624.66 1,429.29 1,093.65 773.41 698.21 Net Sales Growth 21.31% 26.85% 13.67% 30.69% 41.41% 10.77% Cost Of Goods Sold 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Gross Profit 2,198.85 2,060.84 1,624.66 1,429.29 1,093.65 773.41 698.21 GP Margin 100.00% 100% 100% 100% 100% 100% 100% Total Expenditure 1,828.40 1,709.80 1,288.81 1,084.76 835.98 582.40 601.11 Power & Fuel Cost - 5.14 5.67 4.41 2.04 1.84 4.49 % Of Sales - 0.25% 0.35% 0.31% 0.19% 0.24% 0.64% Employee Cost - 1,365.34 1,014.69 806.81 620.00 452.38 441.23 % Of Sales - 66.25% 62.46% 56.45% 56.69% 58.49% 63.19% Manufacturing Exp. - 19.97 20.86 19.56 15.41 8.17 81.23 % Of Sales - 0.97% 1.28% 1.37% 1.41% 1.06% 11.63% General & Admin Exp. - 78.10 49.81 38.46 22.87 13.19 47.15 % Of Sales - 3.79% 3.07% 2.69% 2.09% 1.71% 6.75% Selling & Distn. Exp. - 12.16 10.13 7.81 4.07 2.99 4.49 % Of Sales - 0.59% 0.62% 0.55% 0.37% 0.39% 0.64% Miscellaneous Exp. - 29.91 11.39 19.09 6.74 11.50 10.14 % Of Sales - 1.45% 0.70% 1.34% 0.62% 1.49% 1.45% EBITDA 370.45 351.04 335.85 344.53 257.67 191.01 97.10 EBITDA Margin 16.85% 17.03% 20.67% 24.10% 23.56% 24.70% 13.91% Other Income 100.55 104.76 85.37 35.44 37.10 24.24 16.02 Interest 101.90 99.48 42.27 21.86 9.95 6.49 8.02 Depreciation 88.09 88.70 58.29 41.91 32.88 22.74 20.23 PBT 268.85 267.62 320.66 316.20 251.94 186.02 84.87 Tax 73.60 70.80 86.29 78.87 64.65 23.56 1.90 Tax Rate 27.38% 27.71% 25.78% 25.45% 26.30% 12.67% 2.58% PAT 195.25 184.66 248.39 230.99 181.20 162.46 71.71 PAT before Minority Interest 195.25 184.66 248.39 230.99 181.20 162.46 71.71 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 8.88% 8.96% 15.29% 16.16% 16.57% 21.01% 10.27% PAT Growth -15.89% -25.66% 7.53% 27.48% 11.54% 126.55% EPS 12.82 12.12 16.31 15.17 11.90 10.67 4.71

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 15
Shareholder's Funds 1,552.09 1,473.70 825.98 669.74 546.67 265.61 -67.59 191.89 203.95 118.71 Share Capital 30.01 29.87 28.66 28.54 28.37 45.13 28.27 48.65 48.39 40.08 Total Reserves 1,521.40 1,442.20 794.66 637.35 514.69 215.94 -98.26 142.94 155.03 76.10 Non-Current Liabilities 404.99 167.68 189.68 70.04 79.66 31.18 47.49 32.03 11.23 7.19 Secured Loans 94.76 104.45 112.78 17.24 36.61 1.32 8.50 18.14 5.07 1.75 Unsecured Loans 240.61 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 40.44 29.88 21.79 18.58 16.53 12.55 9.40 8.12 5.71 4.19 Current Liabilities 1,075.92 550.13 548.28 336.04 270.36 211.32 431.89 135.76 96.12 55.60 Trade Payables 86.58 68.80 62.43 52.94 39.71 34.63 29.07 23.84 15.54 21.37 Other Current Liabilities 204.26 130.84 130.29 115.81 105.85 95.07 332.72 34.19 27.80 21.40 Short Term Borrowings 757.82 329.59 337.99 152.71 109.72 69.16 60.12 68.54 45.00 9.88 Short Term Provisions 27.26 20.90 17.57 14.58 15.08 12.46 9.98 9.19 7.78 2.96 Total Liabilities 3,033.00 2,191.51 1,563.94 1,075.82 896.69 508.11 411.79 359.68 311.30 181.50 Net Block 205.81 203.08 199.02 63.48 28.92 37.80 61.10 44.04 10.73 6.59 Gross Block 281.22 241.29 257.09 92.08 56.04 63.73 88.95 70.41 31.84 17.64 Accumulated Depreciation 75.41 38.21 58.07 28.60 27.12 25.93 27.85 26.37 21.11 11.06 Non Current Assets 1,250.41 438.70 529.90 171.89 164.99 63.00 79.46 87.35 27.40 23.41 Capital Work in Progress 0.18 0.31 2.66 0.35 0.14 0.17 0.17 0.14 0.28 0.00 Non Current Investment 924.46 197.19 197.19 60.25 97.20 0.00 0.00 23.40 0.00 0.00 Long Term Loans & Adv. 119.00 37.69 58.79 32.92 17.57 21.02 17.89 16.67 12.92 14.15 Other Non Current Assets 0.96 0.43 72.24 14.89 21.16 4.01 0.30 3.10 3.47 2.67 Current Assets 1,782.59 1,752.81 1,034.04 903.93 731.70 445.11 332.33 272.33 283.90 158.09 Current Investments 350.39 0.00 0.00 464.00 391.48 83.37 98.15 137.30 155.33 68.08 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 264.31 231.96 198.85 161.27 116.10 114.87 127.52 93.93 67.03 61.35 Cash & Bank 975.41 1,323.55 674.07 156.72 138.87 189.57 26.05 14.93 7.17 7.82 Other Current Assets 192.48 46.90 33.33 12.99 85.25 57.30 80.61 26.17 54.37 20.83 Short Term Loans & Adv. 130.79 150.40 127.79 108.95 71.44 50.61 55.17 5.21 6.38 2.07 Net Current Assets 706.67 1,202.68 485.76 567.89 461.34 233.79 -99.56 136.57 187.78 102.48 Total Assets 3,033.00 2,191.51 1,563.94 1,075.82 896.69 508.11 411.79 359.68 311.30 181.50

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Shareholder's Funds 1,574.58 1,480.24 838.82 665.80 545.99 265.31 Share Capital 30.01 29.87 28.66 28.54 28.37 45.13 Total Reserves 1,543.89 1,448.74 807.50 633.41 514.01 215.64 Non-Current Liabilities 540.45 184.21 213.15 87.63 86.91 31.18 Secured Loans 94.76 104.45 112.78 17.24 36.61 1.32 Unsecured Loans 240.61 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 59.40 33.38 24.66 18.58 16.53 12.55 Current Liabilities 1,207.90 566.98 576.40 364.61 278.79 211.66 Trade Payables 104.81 79.15 70.52 60.72 44.99 34.42 Other Current Liabilities 247.82 136.76 153.97 134.21 109.00 95.62 Short Term Borrowings 815.86 329.59 328.99 152.71 109.72 69.16 Short Term Provisions 39.41 21.48 22.92 16.97 15.08 12.46 Total Liabilities 3,322.93 2,231.43 1,628.37 1,118.04 911.69 508.15 Net Block 1,211.15 412.94 431.59 157.60 128.29 37.81 Gross Block 1,386.17 499.69 513.74 197.20 157.53 73.04 Accumulated Depreciation 175.02 86.75 82.15 39.60 29.24 35.23 Non Current Assets 1,321.98 453.66 555.39 190.65 167.16 63.01 Capital Work in Progress 0.18 0.31 2.66 0.35 0.14 0.17 Non Current Investment 0.00 0.00 12.96 7.62 0.00 0.00 Long Term Loans & Adv. 108.58 39.98 35.68 10.19 17.57 21.02 Other Non Current Assets 2.07 0.43 72.50 14.89 21.16 4.01 Current Assets 2,000.95 1,777.77 1,072.98 927.39 744.53 445.14 Current Investments 350.39 0.00 0.00 464.00 391.48 83.37 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 358.13 254.44 213.19 167.38 121.92 114.87 Cash & Bank 1,058.23 1,336.53 691.83 168.00 145.18 189.60 Other Current Assets 234.20 43.19 32.03 13.19 85.95 57.30 Short Term Loans & Adv. 182.99 143.61 135.93 114.82 71.88 50.57 Net Current Assets 793.05 1,210.79 496.58 562.78 465.74 233.48 Total Assets 3,322.93 2,231.43 1,628.37 1,118.04 911.69 508.15

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 15
Cash From Operating Activity 101.66 189.07 171.79 159.27 149.87 112.62 58.43 2.69 -11.18 -31.13 PBT 213.27 324.96 291.68 250.85 186.02 75.33 4.11 -13.08 7.41 -26.12 Adjustment 0.07 -27.43 28.76 11.95 20.28 36.59 79.38 2.10 -2.29 9.51 Changes in Working Capital -41.99 -23.92 -64.59 -50.78 -20.43 6.75 -21.70 13.47 -15.63 -6.46 Cash after chg. in Working capital 171.35 273.61 255.85 212.02 185.87 118.67 61.79 2.49 -10.51 -23.07 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -69.69 -84.54 -84.06 -52.75 -36.00 -6.05 -3.36 0.20 -0.67 -2.50 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -5.55 Cash From Investing Activity -607.69 -435.09 -343.44 -110.77 -283.70 -74.49 -0.51 -27.41 -76.40 -13.72 Net Fixed Assets -39.80 18.15 -167.32 -36.25 7.72 25.22 -18.57 -38.43 -14.48 -3.36 Net Investments -1,077.66 0.00 327.06 -35.57 -405.31 14.78 62.55 -5.37 -87.25 -17.57 Others 509.77 -453.24 -503.18 -38.95 113.89 -114.49 -44.49 16.39 25.33 7.21 Cash from Financing Activity 450.07 358.21 102.46 -72.17 169.91 -12.80 -58.34 32.74 80.57 49.34 Net Cash Inflow / Outflow -55.96 112.19 -69.19 -23.67 36.08 25.33 -0.42 8.02 -7.01 4.49 Opening Cash & Equivalents 101.09 -11.53 56.01 79.52 43.50 16.05 15.22 7.17 14.15 3.49 Closing Cash & Equivalent 45.11 101.09 -11.53 56.01 79.52 43.50 16.05 14.93 7.17 7.82

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Cash From Operating Activity 236.42 212.56 207.17 168.12 143.17 112.22 PBT 255.46 334.68 309.86 245.85 186.02 73.61 Adjustment 112.87 10.93 48.66 30.71 22.30 37.64 Changes in Working Capital -31.94 -30.63 -62.53 -54.97 -29.15 7.02 Cash after chg. in Working capital 336.39 314.98 295.99 221.59 179.17 118.27 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -99.97 -102.42 -88.82 -53.47 -36.00 -6.05 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -762.16 -466.41 -351.02 -96.08 -283.63 -73.74 Net Fixed Assets -39.80 18.15 -167.32 -36.25 7.72 Net Investments -1,077.66 0.00 327.06 -35.57 -405.31 Others 355.30 -484.56 -510.76 -24.26 113.96 Cash from Financing Activity 499.45 363.47 72.07 -90.78 169.84 -13.34 Net Cash Inflow / Outflow -26.29 109.62 -71.78 -18.74 29.38 25.14 Opening Cash & Equivalents 108.97 -1.20 67.29 85.83 43.53 16.27 Closing Cash & Equivalent 119.11 108.97 -1.20 67.29 85.83 43.53

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 15
Book Value (Rs.) 103.39 98.57 57.49 46.70 38.28 51.13 -30.92 40.46 44.65 28.02 ROA 6.45% 13.09% 16.39% 18.91% 23.05% 15.96% 1.07% -3.90% 1.62% -16.15% ROE 11.15% 21.41% 29.06% 30.85% 42.18% 110.89% 14.15% -8.37% 3.34% -34.83% ROCE 13.34% 22.82% 28.96% 32.65% 35.34% 47.29% 13.46% -2.62% 4.71% -20.90% Fixed Asset Turnover 5.67 5.91 7.63 13.96 12.71 9.15 7.41 8.68 15.35 16.90 Receivable days 61.14 53.38 49.32 48.98 55.39 63.36 68.46 66.21 57.29 81.12 Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Payable days 0.00 0.00 0.00 0.00 0.00 21.06 20.00 19.37 16.03 32.33 Cash Conversion Cycle 61.14 53.38 49.32 48.98 55.39 42.30 48.46 46.84 41.26 48.79 Total Debt/Equity 0.71 0.30 0.58 0.29 0.33 0.30 -1.08 0.51 0.26 0.12 Interest Cover 3.33 8.69 14.57 31.22 29.84 10.43 1.26 -1.21 3.99 -20.80

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Book Value (Rs.) 104.89 99.00 58.39 46.42 38.24 51.06 ROA 6.65% 12.87% 16.82% 17.85% 22.88% 16.03% ROE 12.10% 21.46% 30.84% 30.09% 42.37% 36.81% ROCE 15.24% 23.35% 30.67% 32.32% 35.37% 25.83% Fixed Asset Turnover 2.19 3.21 4.02 6.17 6.71 8.96 Receivable days 54.25 52.53 48.59 48.28 55.87 64.91 Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 Payable days 0.00 0.00 0.00 0.00 0.00 0.00 Cash Conversion Cycle 54.25 52.53 48.59 48.28 55.87 64.91 Total Debt/Equity 0.74 0.30 0.56 0.29 0.33 0.30 Interest Cover 3.57 8.92 15.17 25.71 29.66 10.18

Top Investors:

sbi small cap fund

nuggehalli krishnamacharya sriranganarayanan

Annual Reports:

News Update:

Happiest Minds deploys Agentic AI solution with IDP at MUA Insurance Acceptances
10th Oct 2025, 14:50 PM

This success marks another milestone in Happiest Minds’ journey to help insurers adopt AI-powered automation and build future-ready, high-performance operations
Read More
Happiest Minds Tech. - Quarterly Results
29th Jul 2025, 12:37 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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