Overall Fundamental outlook

Business Operations:

Sector: Technology
Industry: Information Technology Services

Happiest Minds Technologies Limited provides IT solutions and services in India, the United States, Canada, the United Kingdom, Australia, the Netherlands, Singapore, Malaysia, New Zealand, Mexico, Africa, and the Middle East. It operates through three segments: Infrastructure Management and Security Services (IMSS); Digital Business Solutions (DBS); and Product Engineering Services (PES). The IMSS segment provides integrated end-to-end infrastructure and security solutions with specialization in cloud, virtualization, and mobility across various industry verticals and geographies; advisory, transformation, managed and hosted, and secure intelligence solutions; and platforms for smart infrastructure and security solutions. The DBS segment offers enterprise applications and customized solutions comprising advisory, design and architecture, custom-app development, package implementation, and testing and on-going support services to IT initiatives. The PES segment assists software product companies in building products and services that integrates mobile, cloud, and social technologies. The company also provides Internet of Things (IoT) solutions, including digital strategy creation, device/edge/platform engineering, end-to-end system integration on IoT platform, and IoT security and enabled managed service solutions, as well as implementation of IoT roadmap and derivation of insights. In addition, it offers analytics/artificial intelligence solutions, such as implementation of advanced analytics using artificial intelligence, machine learning and statistical models, and engineering big data platforms; and digital process automation solutions comprising robotic process automation, intelligent business process management, and cognitive automation using AI and machine learning based models. The company was incorporated in 2011 and is headquartered in Bengaluru, India.

Revenue projections:

Revenue projections for HAPPSTMNDS
Revenue projections for HAPPSTMNDS

With HAPPSTMNDS's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.

Financial Ratios:

currentRatio 1.65000
forwardPE 23.78708
debtToEquity 0.00000
earningsGrowth -0.34100
revenueGrowth 0.35800
grossMargins 0.32361
operatingMargins 0.23209
trailingEps 12.98000
forwardEps 0.00000

Happiest Minds Technologies Limited's current ratio of 1.65 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects Happiest Minds Technologies Limited's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues.
HAPPSTMNDS's Forward PE is within a good range, showing that the stock price compares well to its earnings. This suggests it isn't overpriced and leaves room for growth, making the stock appealing to investors looking for value and growth opportunities.
HAPPSTMNDS's low earnings and revenue growth suggest shrinking profits. This negative trend could indicate that the company is struggling to maintain its financial performance and may face challenges ahead.
Happiest Minds Technologies Limited's positive gross and operating margins reflect its profitability and efficiency. These metrics demonstrate the company's ability to manage costs effectively while generating strong revenue, highlighting its solid financial health and operational effectiveness.

Price projections:

Price projections for HAPPSTMNDS
Price projections for HAPPSTMNDS

HAPPSTMNDS's price projections have gradually decreased, indicating a more conservative outlook from analysts. The repeated downward revisions suggest waning confidence in the company's ability to achieve its previous targets.

Recommendation changes over time:

Recommendations trend for HAPPSTMNDS
Recommendations trend for HAPPSTMNDS


Analysts have shown a buy bias for HAPPSTMNDS, marking it as a favorable investment option. This could inspire investors to see HAPPSTMNDS as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.