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NSETechnology

Happiest Minds Technologies Limited (HAPPSTMNDS)

NSE · Technology · Information Technology Services

₹327.90+0.14%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
₹629 cr
Revenue YoY
+14.3%
Net profit
₹68 cr
Profit YoY
+18.3%
EPS
₹4.48
EPS estimate
₹4.02
Net margin
10.8%

EPS came in at 4.48 against a street estimate of 4.02 — a beat of 11.4%.

Key statistics

Market cap
₹4,994 cr
P/E
22.5
Forward P/E
0.0
P/B
2.81
Book value
₹117.93
EPS (TTM)
₹14.79
52-week high
₹574.71
52-week low
₹327.04
50-day MA
₹386.11
200-day MA
₹391.45
Beta
0.06

Analyst view

with an average price target of ₹448.29.

From the latest earnings call · 2026-07-28

CONFIDENT Happiest Minds delivered Q1 FY'27 revenue of INR 629 crores (14.3% YoY, 2.6% CC sequential). Management guides 12.5% FY'27 growth driven by strong AI pipeline, large deal closures, and expansion with existing customers despite selective discretionary spending. Q1 FY27 Americas dominates but India and APAC seeing acceleration. Management notes constant-currency headwind from strong rupee on volume growth accounting. Analysts pressed on guidance credibility (sequential ramp vs. 12.5% annual), Gen AI deal durability, and AI productivity monetization. Management emphasized pipeline strength, large-deal conversion, and tiered pricing models (fixed-price upside share, T&M COE fees, outcome-based SLAs) to retain margin while deploying AI tools. 2026-07-28…

Full summary in the app.

Shareholding

Promoters
46.02%
Institutions
8.18%

Recent filings & reports

DocumentDate
Annual report FY2026
HAPPIEST MINDS TECHNOLOGIES LIMITED - ANNUAL REPORT FY 2025-26 SUMMARY HEADLINE NUMBERS • Total Revenue: ₹231,511 lakhs (up from ₹206,084 lakhs in F
2026-07-03
Quarterly results · Q4 FY26
HAPPIEST MINDS TECHNOLOGIES LIMITED – FY26 FINANCIAL SUMMARY HEADLINE NUMBERS • FY26 Revenue: ₹2,31,511 lakhs (₹2,315 crores), grew 12.3% year-on-ye
2026-05-28
Q3 FY26 earnings call
HAPPIEST MINDS TECHNOLOGIES LIMITED - Q3 FY'26 SUMMARY HEADLINE NUMBERS • Q3 Revenue: $65.7 million (INR 588 crores); sequential growth 1.2% in cons
2026-02-13
Quarterly results · Q3 FY26
HAPPIEST MINDS TECHNOLOGIES LIMITED – FINANCIAL SUMMARY Q3 & 9M FY26 (Ended December 31, 2025) --- HEADLINE NUMBERS • Q3 FY26 Revenue: ₹587.6 crore
2026-02-11
Q2 FY26 earnings call
HAPPIEST MINDS TECHNOLOGIES LIMITED – Q2 FY'26 EARNINGS SUMMARY HEADLINE NUMBERS • H1 FY'26 revenues: US$129.5 million, growing 11.8% in constant cu
2025-11-04
Quarterly results · Q2 FY26
HAPPIEST MINDS TECHNOLOGIES LIMITED – H1 FY26 SUMMARY HEADLINE NUMBERS • Revenue (H1 FY26): US $129.5 million, up 9.8% year-on-year in USD; 11.8% gr
2025-10-30
Q1 FY26 earnings call
HAPPIEST MINDS TECHNOLOGIES LIMITED – Q1 FY'26 SUMMARY HEADLINE NUMBERS • Revenue: $64.4 million (₹580 crores total income), sequential growth 2.3%,
2025-08-04
Quarterly results · Q1 FY26
HAPPIEST MINDS TECHNOLOGIES LIMITED – Q1 FY26 SUMMARY HEADLINE NUMBERS • Revenue (constant currency): US $64.4 million, up 2.3% quarter-on-quarter a
2025-07-31

Readable in the app.

Corporate actions

ActionDetailDate
Dividend₹3.65 / share
ex-date Jul 17, 2026
2026-07-17
Dividend₹2.75 / share
ex-date Nov 4, 2025
2025-11-04

Deals & corporate news

AnnouncementDate
Merger with ITC Infotech to create scaled AI-first technology services enterprise
Happiest Minds Technologies announced a merger with ITC Infotech to create a combined entity targeting $1 billion in annual revenue by FY28. Key terms: ITC Infotech acquires ~22.1% stake fro
2026-08-31
Merger with ITC Infotech to create scaled AI-first technology services enterprise
Happiest Minds Technologies announced a merger with ITC Infotech to create a combined entity with approximately ₹8,000 crores in annualized revenues and 19,000+ employees serving 800+ custom
2026-08-31
ITC Infotech frontrunner to acquire majority stake in company
The Indian stock exchange (likely BSE or NSE) has requested clarification from Happiest Minds Technologies Limited regarding a news report suggesting that ITC Infotech is emerging as a front
2026-07-13
ITC Infotech frontrunner to acquire majority stake in company
The Indian stock exchange (likely BSE or NSE) has requested clarification from Happiest Minds Technologies Limited regarding a news report suggesting that ITC Infotech is emerging as a front
2026-07-13
Amalgamation/merger transaction announced
Happiest Minds Technologies Limited has informed the Exchange about Amalgamation/Merger
2026-02-20

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Data updated 2026-09-18.