Happiest Minds Share Price: Happiest Minds Technologies is a forward-thinking company specializing in virtual transformation, infrastructure, and security solutions. Since its inception in 2011, the company has emerged as a key player in the IT services industry.
With a strong focus on developing cutting-edge technologies such as Artificial Intelligence (AI), Cloud, Internet of Things (IoT), and Analytics, Happiest Minds has consistently delivered innovative solutions to its clients.
The objective of this analysis is to provide information about Happiest Minds stock price targets from 2024 to 2030, taking into account various market dynamics, the company’s overall performance, and its strategic initiatives.
Happiest Minds Technologies Company Overview
| Company Name | Happiest Minds Technologies Ltd. |
| Founded | 2011 |
| Headquarters | Bengaluru |
| Industry | Information Technology (IT) |
| Owner | Ashok Soota |
| Stock Exchange Listing | NSE & BSE |
| Official Website | happiestminds.com |
Happiest Minds Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹11,024.70 Cr. |
| ROE | 21.41% |
| ROCE | 22.82% |
| P/E | 51.07 |
| P/B | 7.34 |
| Div. Yield | 0.79% |
| Book Value | ₹98.69 |
| Face Value | ₹2 |
| EPS (TTM) | ₹14.18 |
| 52 Week High | ₹959.95 |
| 52 Week Low | ₹716.25 |
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Happiest Minds Technologies Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 16.25B | 13.67% |
| Operating expense | 3.24B | 8.00% |
| Net income | 2.48B | 7.53% |
| Net profit margin | 15.29 | -5.38% |
| Earnings per share | 16.03 | -1.89% |
| EBITDA | 3.03B | -8.03% |
| Effective tax rate | 25.78% | — |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 12.30B | 129.84% |
| Total assets | 22.48B | 36.99% |
| Total liabilities | 7.68B | -4.30% |
| Total equity | 14.80B | — |
| Shares outstanding | 149.35M | — |
| Price to book | 7.31 | — |
| Return on assets | 8.92% | — |
| Return on Capital | 10.28% | — |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 2.48B | 7.53% |
| Cash from operations | 2.13B | 2.60% |
| Cash from investing | -4.66B | -32.87% |
| Cash from financing | 3.63B | 404.33% |
| Net change in cash | 389.80M | 156.91% |
| Free cash flow | 1.89B | 265.78% |
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Happiest Minds Share Price Target From 2024 to 2030
| Year | Target Price |
|---|---|
| Happiest Minds Share Price Target 2024 | ₹747 |
| Happiest Minds Share Price Target 2025 | ₹801 |
| Happiest Minds Share Price Target 2026 | ₹873 |
| Happiest Minds Share Price Target 2027 | ₹925 |
| Happiest Minds Share Price Target 2028 | ₹992 |
| Happiest Minds Share Price Target 2029 | ₹1060 |
| Happiest Minds Share Price Target 2030 | ₹1136 |
Happiest Minds Shareholding Pattern
- Retail & Other: 46.26%
- Promoters: 44.22%
- Foreign Institution: 5.33%
- Mutual Funds: 2.66%
- Other Domestic Institutions: 1.52%
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Happiest Minds Competitors/Peer Companies
- PolicyBazaar
- OFSS
- Tata Elxsi
- Coforge
- KPIT Tech
- Tata Technologies
- Cyient
- Affle India
- Zensar Technologies
- Sonata Software
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FAQs
-
Is Happiest Minds a good buy for long term?
Yes.
-
Is Happiest Minds profitable?
No exact answer.
-
Can Happiest Minds be a multibagger?
Yes, Maybe.
-
Is Happiest Minds into AI?
Yes.
-
Is Happiest Minds overvalued or undervalued?
Undervalued.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
