Happiest Minds Technologies Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Happiest Minds Technologies Limited's yearly results (2023–2026), compared with Technology companies in India. Tap ? on any ratio for what it means.
What stands out
- Self-Funding Ratio: Over the last 3 years its own operating cash covered its investment spending (capex) 24.8 times. Higher than 94% of Technology companies in India.
- Cash Cushion Ratio: Debt, after subtracting cash, equals 22% of its market value (net debt). Lower than 89% of Technology companies in India.
- Tangible Net Worth Ratio: Of every ₹100 of net worth, ₹42 is tangible; the rest is goodwill and other intangibles, often from buying other companies. Less tangible than 85% of Technology companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹110Over the last 3 years, every ₹100 of reported profit came with ₹110 of operating cash.
Higher than 61% of Technology companies in India.
Self-Funding Ratio
24.8×Over the last 3 years its own operating cash covered its investment spending (capex) 24.8 times.
Higher than 94% of Technology companies in India.
Cash Locked Ratio
—Data incomplete
Growth quality
Steadiness Ratio
3/3 · 2/3Sales grew in 3 of the last 3 years; profit grew in 2 of 3.
Steadier than 52% of Technology companies in India.
Growth Efficiency Ratio
−₹2Sales grew 62% in 3 years, but profit fell: ₹2 less profit per ₹100 of extra sales.
Lower than 84% of Technology companies in India.
Asset Productivity Ratio
+62% / +121%In 3 years sales changed by +62% while total assets changed by +121%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
0.2×Debt due within a year is covered 0.2 times by its yearly operating cash.
Lower than 63% of Technology companies in India.
Cash Cushion Ratio
−22%Debt, after subtracting cash, equals 22% of its market value (net debt).
Lower than 89% of Technology companies in India.
Tangible Assets Ratio
73%Of every ₹100 the company owns, ₹73 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 79% of Technology companies in India.
Tangible Net Worth Ratio
42%Of every ₹100 of net worth, ₹42 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
Less tangible than 85% of Technology companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Happiest Minds Technologies Limited owes ₹0.54 for every ₹1 it owns. Net profit rose 15% in the year to Mar 2026, and shrank 3% a year on average over 3 years.
Compared with Technology companies in India · latest annual results Mar 2026.
P/E ratio
20.8Investors pay ₹20.8 for every ₹1 of Happiest Minds Technologies Limited's yearly profit, lower than 57% of Technology companies in India.
P/B ratio
2.60The share price is 2.60 times Happiest Minds Technologies Limited's book value per share, lower than 63% of Technology companies in India.
Market cap
₹4,621 CrThe total market value of all of Happiest Minds Technologies Limited's shares at today's price (share price × number of shares), larger than 62% of Technology companies in India. PosiCap size class: Mini Cap.
Net worth (book value)
₹1,776 CrWhat Happiest Minds Technologies Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
₹118.16Net worth divided by the number of shares. The share price of ₹307.50 is 2.6 times this, which is the P/B above.
Return on equity (ROE)
13.3%Happiest Minds Technologies Limited earned 13.3% on its shareholders' money over the last year, higher than 52% of Technology companies in India.
Owes vs Owns
0.54×Happiest Minds Technologies Limited owes ₹0.54 for every ₹1 it owns (moderate), higher than 77% of Technology companies in India.
Dividend yield
2.38%Happiest Minds Technologies Limited pays 2.38% of its share price as dividends a year, higher than 78% of dividend-paying Technology companies in India.
Revenue growth
+12%Revenue rose 12% in the year to Mar 2026, and grew 17% a year on average over 3 years.
Profit growth
+15%Net profit rose 15% in the year to Mar 2026, and shrank 3% a year on average over 3 years.
Profit margin
9.2%Happiest Minds Technologies Limited keeps ₹9 of every ₹100 of revenue as net profit.
Cash quality
1.2×Cash from Happiest Minds Technologies Limited's business was 1.2× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
3.2×Happiest Minds Technologies Limited's operating profit covered its interest costs 3.2 times in the year to Mar 2026.
Cash vs debt
Net debtHappiest Minds Technologies Limited had ₹1,006 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Happiest Minds Technologies Limited's P/E ratio?
Investors pay ₹20.8 for every ₹1 of Happiest Minds Technologies Limited's yearly profit, lower than 57% of Technology companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Happiest Minds Technologies Limited: ₹4,621 Cr ÷ ₹1,776 Cr (30 Jun 2026) = 2.6.
What is Happiest Minds Technologies Limited's return on equity?
Happiest Minds Technologies Limited earned 13.3% on its shareholders' money over the last year, higher than 52% of Technology companies in India.
How much does Happiest Minds Technologies Limited owe compared with what it owns?
Happiest Minds Technologies Limited owes ₹0.54 for every ₹1 it owns (moderate), higher than 77% of Technology companies in India.
Does Happiest Minds Technologies Limited pay a dividend?
Yes. Happiest Minds Technologies Limited pays 2.38% of its share price as dividends a year, higher than 78% of dividend-paying Technology companies in India.
Is Happiest Minds Technologies Limited's revenue growing?
Revenue rose 12% in the year to Mar 2026, and grew 17% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.