Happiest Minds Technologies Limited (NSE:HAPPSTMNDS)

NSE:HAPPSTMNDS Ratios and Metrics

Market cap in millions INR. Fiscal year is April - March.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 10, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Market Capitalization	73,500	89,120	110,618	109,841	150,361	79,314
Market Cap Growth	-31.78%	-19.43%	0.71%	-26.95%	89.58%	-
Enterprise Value	72,203	74,439	104,549	109,316	146,942	75,833
Last Close Price	489.85	590.23	731.13	749.30	1026.58	522.33
PE Ratio	37.80	48.26	44.53	47.55	82.98	48.82
Forward PE	26.35	31.60	37.68	41.65	73.51	45.59
PS Ratio	3.34	4.32	6.81	7.69	13.75	10.26
PB Ratio	4.51	5.66	7.47	13.10	22.58	14.53
P/TBV Ratio	11.48	15.53	8.77	18.40	26.73	18.03
P/FCF Ratio	33.87	38.96	54.14	144.32	89.80	55.70
P/OCF Ratio	32.97	37.70	52.04	53.02	89.44	55.40
PEG Ratio	1.10	5.91	5.91	5.91	5.91	-
EV/Sales Ratio	3.28	3.61	6.44	7.65	13.44	9.81
EV/EBITDA Ratio	20.10	23.42	34.47	33.15	63.00	44.32
EV/EBIT Ratio	26.17	28.01	37.67	34.49	65.37	45.07
EV/FCF Ratio	33.27	32.54	51.17	143.63	87.75	53.26
Debt / Equity Ratio	0.78	0.79	0.35	0.65	0.38	0.35
Debt / EBITDA Ratio	3.55	3.57	1.56	1.52	0.98	1.01
Debt / FCF Ratio	5.87	5.46	2.53	7.11	1.49	1.35
Asset Turnover	0.66	0.74	0.84	1.03	1.07	1.08
Quick Ratio	1.42	1.00	2.88	1.53	2.46	2.47
Current Ratio	1.65	1.66	3.14	1.86	2.54	2.67
Return on Equity (ROE)	12.39%	12.09%	21.42%	30.70%	29.91%	40.05%
Return on Assets (ROA)	5.17%	5.92%	8.92%	14.32%	13.73%	14.71%
Return on Capital (ROIC)	6.00%	6.89%	10.28%	17.26%	16.98%	18.81%
Return on Capital Employed (ROCE)	12.80%	12.40%	16.50%	29.80%	29.60%	26.20%
Earnings Yield	2.66%	2.07%	2.25%	2.10%	1.21%	2.05%
FCF Yield	2.95%	2.57%	1.85%	0.69%	1.11%	1.80%
Dividend Yield	1.22%	1.02%	0.79%	0.72%	0.36%	0.57%
Payout Ratio	45.60%	46.51%	34.64%	24.74%	37.69%	-
Buyback Yield / Dilution	-0.17%	-1.41%	-2.92%	0.10%	-1.78%	-6.13%
Total Shareholder Return	1.05%	-0.40%	-2.13%	0.83%	-1.41%	-5.56%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.