Compliance updated on Jun 19, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

Happiest Minds Technologies Ltd

HAPPSTMNDS.NS ✓ COMPLIANT ☆ Track — members

NSE India · Technology · IT Services & Consulting ·

India Small Cap Analyst: BUY

Last Close

$4.40

▲ +6.43%

Market Cap $662.15M · Vol 6.70M

Key Metrics

P/E Ratio

28.40

FWD: 21.36

Market Cap

$662.15M

Small Cap

Div Yield

1.52%

Semi-annual dividend

EPS Growth

+20.57%

YoY

RSI (14)

67.40

Momentum

Beta

0.79

vs Market

52W High

$6.65

39.49% below

52W Low

$3.46

25.37% above

Volume

6.70M

Avg 1.84M

P/B

3.21

Price-to-book

ROE

14.17%

Return on equity

Free Float

53.98%

Public shares

Shariah Compliance8 STANDARDS

✓ Yes, Happiest Minds Technologies Ltd (HAPPSTMNDS.NS) stock is Shariah compliant

AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

Unlock the full Shariah report

See the verdict under each standard, the exact screening ratios, purification and zakat per share. AAOIFI-certified methodology trusted by global Islamic funds.

Which standards does HAPPSTMNDS.NS pass?

The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

Do I need to purify my investment?

Members see the purification amount per share, updated every financial period under the AAOIFI methodology.

Can I calculate zakat for my shares?

Members get zakat per share and a built-in calculator for their exact holding.

Historical Returns

+3.07%

+6.98%

+17.85%

+12.99%

YTD

-8.73%

-27.83%

-58.99%

-69.88%

Financials & Valuation

TTM · Annual

Total Revenue	$247.72M
Net Income	$22.75M
Revenue Growth (YoY)	+14.30%
Gross Margin	95.98%
Operating Margin	13.61%
Net Profit Margin	9.18%
ROE	14.17%
ROA · ROIC	8.14% · 9.50%

P/E Ratio	28.40
Forward P/E (FY1)	21.36
PEG Ratio	1.70
P/S	2.35
P/B	3.21
P/FCF	23.63
EPS Growth	+20.57%
Outstanding Shares	150.39M

Technical Indicators

50-Day SMA	$3.87
200-Day SMA	$4.29
RSI (14)	67.40
Beta	0.79
52-Week High	$6.65
52-Week Low	$3.46

Volume Today	6.70M
Avg Daily Volume (30D)	1.84M
Relative Volume	3.63x
Volatility (10D)	36.11
Volatility (30D)	41.11
Free Float	53.98%

Analyst Consensus

BUY

Current Price $4.40

Mean Target $5.36

52W Low$3.46 52W High$6.65

Current

Target

$3.46 $6.65

Current Analyst target

+21.78% upside potential · 6 analysts

Identifiers

ExchangeNSE India

FIGIBBG00284WB26

ISININE419U01012

CountryIndia

Sub-IndustryIT Services & Consulting (NEC)

Earnings DateOct 26, 2026

TypeStocks

Instrument TypeORD Ordinary Share

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Company Profile

Happiest Minds Technologies Limited is an India-based digital transformation information technology (IT) consulting and services company. Its segments include Infrastructure Management & Security Services (IMSS), Product Engineering Services (PES), and Digital Business Services (DBS). The IMSS segment delivers integrated infrastructure and security solutions with specialization in cloud, virtualization, and mobility across a multitude of industry verticals and geographies. The DBS segment delivers enterprise applications and customized solutions. This also provides advisory, design and architecture, custom-app development, package implementation, and testing services for IT initiatives. The PES segment assists software product companies in building products and services that integrate mobile, cloud, and social technologies. It offers a range of solutions, including APPrise, Digital Assisted Selling Platform (DASP), Integrated Security as a Service 9 (iSaaS), and others.