CompanyGraph
Happiest Minds Technologies Ltd.
HAPPSTMNDS · NSE India · India
happiestminds.comFinancials as of FY2026
At a glance
- Depends onMidstream position: 6 outgoing, 9 incoming connections
- ScaleLevered free cash flow is $22.24M, above the global median of $18.73M
- FinancialsAltman Z-Score 2.96: safe zone
- Interpretations5 currently firing — 5
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Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
2.29%Above 5Y avg (0.80%)
Annual Rate
INR 7.30Paid semi-annual
Payout Ratio
42.2%Sustainable
Payback Period
47.6 yr
Last Ex-Dividend
Jul 17, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
47.09BINR492.63M · vs all stocks (USD)
Trailing P/E
21.16xvs Information Technology Services peers
Revenue (TTM)
23.94BINR250.41M · vs all stocks (USD)
Profit Margin
9.32%vs Information Technology Services peers
Beta
0.0630xvs all stocks
52-Week Change
-42.27%vs all stocks
Forward Annual Dividend Yield
2.29%vs all stocks
Market Capitalization
47.09BINR492.63M · vs all stocks (USD)
Enterprise Value
45.04BINR471.14M · vs all stocks (USD)
Trailing P/E
21.16xvs Information Technology Services peers
Forward P/E
14.46xvs Information Technology Services peers
PEG Ratio
0.2145xvs Information Technology Services peers
Price to Sales (TTM)
1.97xvs Information Technology Services peers
Price to Book (MRQ)
2.66xvs Information Technology Services peers
Enterprise to Revenue
1.88xvs Information Technology Services peers
Enterprise to EBITDA
11.57xvs Information Technology Services peers
Gross Margin
34.62%vs Information Technology Services peers
Profit Margin
9.32%vs Information Technology Services peers
Operating Margin
15.11%vs Information Technology Services peers
Return on Assets (TTM)
5.87%vs Information Technology Services peers
Return on Equity (TTM)
13.32%vs Information Technology Services peers
Revenue (TTM)
23.94BINR250.41M · vs all stocks (USD)
Revenue per Share (TTM)
159.02INRUpdated Sep 23, 2026Quarterly Revenue Growth
14.30%vs Information Technology Services peers
Gross Profit (TTM)
7.87BINR82.34M · vs all stocks (USD)
EBITDA (TTM)
5.09BINR53.29M · vs all stocks (USD)
Net Income (TTM)
2.23BINR23.34M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
18.30%vs Information Technology Services peers
Operating Cash Flow (TTM)
2.61BINR27.35M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
2.13BINR22.24M · vs all stocks (USD)
Forward Annual Dividend Rate
7.30INRUpdated Sep 23, 2026Forward Annual Dividend Yield
2.29%vs all stocks
Trailing Annual Dividend Rate
6.40INRUpdated Sep 23, 2026Trailing Annual Dividend Yield
2.01%vs all stocks
5-Year Average Dividend Yield
0.80%vs all stocks
Payout Ratio
42.23%vs Information Technology Services peers
Minority Interest (Equity)
0.00INRFY2026 · Mar 31, 2026Revenue
23.15BINRFY2026 · Mar 31, 2026Cost of Goods Sold
14.83BINRFY2026 · Mar 31, 2026Gross Profit
8.32BINRFY2026 · Mar 31, 2026Operating Income
3.15BINR32.97M · vs all stocks (USD)
Pre-tax Income
2.84BINRFY2026 · Mar 31, 2026Income Tax Expense
715.90MINRFY2026 · Mar 31, 2026Net Income
2.13BINRFY2026 · Mar 31, 2026EBIT
3.82BINRFY2026 · Mar 31, 2026EBITDA (Income Statement)
4.63BINRFY2026 · Mar 31, 2026Selling, General & Administrative
351.10MINRFY2026 · Mar 31, 2026Other Operating Expenses
2.93BINRFY2026 · Mar 31, 2026Non-operating Interest Income
608.00MINRFY2026 · Mar 31, 2026Non-operating Interest Expense
973.60MINRFY2026 · Mar 31, 2026EPS (Basic)
14.12INRFY2026 · Mar 31, 2026EPS (Diluted)
14.11INRFY2026 · Mar 31, 2026Basic Shares Outstanding
150.58MSharesFY2026 · Mar 31, 2026Diluted Shares Outstanding
150.58MSharesFY2026 · Mar 31, 2026Minority Interests (P&L)
0.00INRFY2026 · Mar 31, 2026Preferred Stock Dividends
0.00INRFY2026 · Mar 31, 2026Operating Cash Flow
2.64BINRFY2026 · Mar 31, 2026Free Cash Flow
2.61BINRFY2026 · Mar 31, 2026Cash & Cash Equivalents (End of Period)
1.20BINRFY2026 · Mar 31, 2026Starting Profit (CF Statement)
2.84BINRFY2026 · Mar 31, 2026Stock-based Compensation
61.10MINRFY2026 · Mar 31, 2026Other Non-cash Items
328.00MINRFY2026 · Mar 31, 2026Change in Accounts Receivable (CF)
-261.80MINRFY2026 · Mar 31, 2026Change in Other Assets/Liabilities
-331.30MINRFY2026 · Mar 31, 2026Capital Expenditures
-25.00MINRFY2026 · Mar 31, 2026Net Intangibles (CF)
-42.50MINRFY2026 · Mar 31, 2026Net Acquisitions
0.00INRFY2026 · Mar 31, 2026Purchase of Investments
-3.67BINRFY2026 · Mar 31, 2026Sale of Investments
1.85BINRFY2026 · Mar 31, 2026Net Investing Cash Flow
-1.84BINRFY2026 · Mar 31, 2026Long-term Debt Issuance
767.80MINRFY2026 · Mar 31, 2026Long-term Debt Payments
-99.90MINRFY2026 · Mar 31, 2026Net Short-term Debt Issuance
1.73BINRFY2026 · Mar 31, 2026Common Dividends Paid
-939.10MINRFY2026 · Mar 31, 2026Other Financing Charges
-1.65BINRFY2026 · Mar 31, 2026Net Financing Cash Flow
-185.50MINRFY2026 · Mar 31, 2026Shares Outstanding
150.39MSharesUpdated Sep 23, 2026Float Shares
83.10MSharesUpdated Sep 23, 2026% Held by Insiders
46.02%vs all stocks
% Held by Institutions
8.03%vs all stocks
Total Cash (MRQ)
19.67BINR205.78M · vs all stocks (USD)
Total Cash per Share (MRQ)
130.66INRUpdated Sep 23, 2026Total Debt (MRQ)
17.53BINR183.33M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.9870xvs Information Technology Services peers
Current Ratio (MRQ)
1.66xvs Information Technology Services peers
Book Value per Share (MRQ)
117.93INRUpdated Sep 23, 2026Total Assets
36.25BINR379.22M · vs all stocks (USD)
Total Current Assets
20.76BINRFY2026 · Mar 31, 2026Total Liabilities
19.36BINRFY2026 · Mar 31, 2026Total Non-current Assets
15.50BINRFY2026 · Mar 31, 2026Total Non-current Liabilities
5.34BINRFY2026 · Mar 31, 2026Total Current Liabilities
14.02BINRFY2026 · Mar 31, 2026Cash
1.20BINRFY2026 · Mar 31, 2026Cash & Cash Equivalents
1.20BINRFY2026 · Mar 31, 2026Other Short-term Investments
3.61BINRFY2026 · Mar 31, 2026Accounts Receivable
3.90BINRFY2026 · Mar 31, 2026Accounts Payable
965.10MINRFY2026 · Mar 31, 2026Short-term Debt
11.03BINRFY2026 · Mar 31, 2026Other Current Liabilities
405.80MINRFY2026 · Mar 31, 2026Long-term Debt
3.84BINRFY2026 · Mar 31, 2026Common Stock (Book)
300.50MINRFY2026 · Mar 31, 2026Retained Earnings
7.68BINRFY2026 · Mar 31, 2026Total Shareholders' Equity
16.89BINR176.74M · vs all stocks (USD)
52-Week Low
312.75INRUpdated Sep 23, 202652-Week High
556.95INRUpdated Sep 23, 202652-Week Change
-42.27%vs all stocks
Beta
0.0630xvs all stocks
50-Day MA
381.15INRUpdated Sep 23, 2026200-Day MA
386.50INRUpdated Sep 23, 2026Avg 10-Day Volume
734.56KSharesUpdated Sep 23, 2026Avg 30-Day Volume
2.45MSharesUpdated Sep 23, 2026Diluted EPS (TTM)
14.81INRUpdated Sep 23, 20265 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
FCF Ratios Elevated
Its free cash flow is large next to assets and equity, and more of its operating cash reaches it than in its industry.
Reads
Multi-Year FCF With Growth And Margin
Three years of positive free cash flow and rising revenue, four of rising equity, and much of its sales turns into cash.
Reads
Revenue Growing With Receivables Growing
Revenue has risen three years, and what customers owe has risen with it.
Reads
Is this company growing?
Multi-Year Revenue, Profit, And Income Growth
Revenue has risen in each of three years, gross profit in each of four, and it has made a profit in all five.
Reads
How is this stock valued?
Price Below Mean With Profitability And Book Value
Price sits well below its yearly mean, on three profitable years and rising book value.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Financial Health
Altman Z-Score 2.96: safe zoneNotable
Altman Z-Score: 2.96
Supply Chain
Midstream position: 6 outgoing, 9 incoming connectionsNotable
Outgoing: 6.00Incoming: 9.00
High connectivity hub: 15 industry connectionsNotable
Total Connections: 15.00
Scale
Levered free cash flow is $22.24M, above the global median of $18.73MNotable
Levered free cash flow (USD): 22,242,178.2Global Median: 18,729,043.027
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