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Happiest Minds Technologies Ltd dividend

Happiest Minds Technologies Ltd dividend

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₹ 1.6 Cr

Volume transacted

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19.8 K

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Last Updated time: 16 Jul 12:17 PM

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Happiest Minds Technologies Ltd

NSE: HAPPSTMNDS

DPS

5.75

Last updated : FY 2024

Key Highlights

    The Dividend per Share of Happiest Minds Technologies Ltd is ₹ 5.75 as of 2024 .a1#The Dividend Payout of Happiest Minds Technologies Ltd changed from 26.28 % on March 2019 to 34.95 % on March 2024 . This represents a CAGR of 7.39% over 4 years. a1#The Latest Trading Price of Happiest Minds Technologies Ltd is ₹ 828.75 as of 16 Jul 12:11 .a1#The Market Cap of Happiest Minds Technologies Ltd changed from ₹ 7932 crore on March 2019 to ₹ 11330 crore on March 2024 . This represents a CAGR of 9.32% over 4 years. a1#The Revenue of Happiest Minds Technologies Ltd changed from ₹ 329.96 crore to ₹ 455.45 crore over 8 quarters. This represents a CAGR of 17.49% a1#The EBITDA of Happiest Minds Technologies Ltd changed from ₹ 87.75 crore to ₹ 121.17 crore over 8 quarters. This represents a CAGR of 17.51% a1#The Net Pr of Happiest Minds Technologies Ltd changed from ₹ 56.34 crore to ₹ 71.98 crore over 8 quarters. This represents a CAGR of 13.03% a1#

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Company Fundamentals For Happiest Minds Technologies Ltd

Market Cap

12,571 Cr

EPS

15.6

P/E Ratio (TTM) *

52.8

P/B Ratio (TTM) *

8.5

DTE *

0.3

ROE *

16.8

ROCE *

18.9

Dividend Yield *

0.76

DPS *

5.75

Dividend Payout *

34.95

Ann.Dividend % *

287.5

* All values are consolidated

Last Updated time: 16 Jul 12:17 PM

* All values are consolidated

Last Updated time: 16 Jul 12:17 PM

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Historical Dividend Payout of Happiest Minds Technologies Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of Happiest Minds Technologies Ltd

Period
Mar '190
Mar '200
Mar '2126
Mar '2229
Mar '2336
Mar '2435

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Happiest Minds Technologies Ltd

NSE: HAPPSTMNDS

PRICE

828.75

3.15 (0.38%)

stock direction

Last updated : 16 Jul 12:11

SWOT Analysis Of Happiest Minds Technologies Ltd

Strength

4

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Happiest Minds Technologies Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Historical Market Cap of Happiest Minds Technologies Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of Happiest Minds Technologies Ltd

Period
Mar '190
Mar '200
Mar '217932
Mar '2215497
Mar '2311276
Mar '2411331

* All values are a in crore

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Historical Revenue of Happiest Minds Technologies Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of Happiest Minds Technologies Ltd

Period
Jun '22330
Sep '22359
Dec '22375
Mar '23386
Jun '23405
Sep '23429
Dec '23435
Mar '24455

* All values are a in crore

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Historical EBITDA of Happiest Minds Technologies Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of Happiest Minds Technologies Ltd

Period
Jun '2288
Sep '2294
Dec '2291
Mar '23101
Jun '23103
Sep '23105
Dec '23106
Mar '24121

* All values are a in crore

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Historical Net Profit of Happiest Minds Technologies Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of Happiest Minds Technologies Ltd

Period
Jun '2256
Sep '2259
Dec '2258
Mar '2358
Jun '2358
Sep '2358
Dec '2360
Mar '2472

* All values are a in crore

About Happiest Minds Technologies Ltd

About Happiest Minds Technologies Ltd

    Incorporated on March 30, 2011, Happiest Minds Technologies Limited (formerly known as Happiest Minds Technlogies Private Limited) is engaged in next generation IT solutions & services Company, enabling organizations to capture the business benefits of emerging technologies of Cloud Computing, Social Media, Mobility Solutions, Business Intelligence, Analytics, Unified Communications and Internet of Things. The Company offers high degree of skills, IPs and domain expertise across a set of focused areas that include Digital Transformation & Enterprise Solutions, Product Engineering, Infrastructure Management, Security, Testing and Consulting. The Company focuses on industries in the Retail/CPG, BFSI, Travel & Transportation, Manufacturing and Media space. Happiest Minds provide a Smart, Secure and Connected Experience to its Customers. In the Solution space, focus areas are Security, M2M and Mobility solutions. The Company engineer next-generation products and platforms across software and hardware that power digital evolution and provide end-to-end engineering services for developing high-quality, scalable, and secure products. It has expertise in core technologies like cloud, mobile UI/UX, hardware & embedded, DevOps and emerging technologies like blockchain, AI, edge computing, drones and computer vision across edutech, hi-tech, media and entertainment, healthcare & life sciences, industry, and manufacturing sectors, which provide with a competitive advantage and have enabled to build smart and connected product solutions and services. As on 31 March 2018, the Company has only one wholly owned subsidiary company viz., Happiest Minds Technologies LLC, USA. Pursuant to initial public offering, the Company was converted into a Public Limited Company pursuant to a Special Resolution passed in the Extra Ordinary General Meeting of the Shareholders of the Company held on 13 May 2020 and name of the Company changed to its present name Happiest Minds Technologies Limited', and a fresh Certificate of Incorporation was issued by the Registrar of Companies on 20 May 2020. Accordingly, the Company has amended Memorandum of Association and adopted new Articles of Association of the Company effective 13 May, 2020. As approved by the Board of Directors on 16 March 2020 and on 13 May 2020, the Company in aggregate has converted 433,728 14% Series A Non-Cumulative Compulsorily Convertible Preference Share of Rs. 652/- each to 70,697,664 Equity Shares of Rs.2/- each as per the conversion ratio of 163 Equity Shares for every Preference Share. Since there has been no operations in the subsidiary company, the Company had on 16 March 2020 initiated steps to voluntarily dissolve and wind-up the company and accordingly the subsidiary company was wound up on 03 June 2020. During the FY2021, the Company made an Initial Public Offering ('IPO') of 4,22,90,091 equity shares of face value of Rs 2 each of the Company for cash at a price of Rs 166 per equity share, including a premium of Rs 164 per equity share aggregating to Rs 7,02.02 Crore, comprising of a fresh issue of 66,26,506 equity shares aggregating to Rs 110 Crore and an offer for sale of 84,14,223 equity shares by Mr. Ashok Soota, the Promoter and 2,72,49,362 equity shares by CMDB II, the Investor, aggregating to Rs 592.02 Crore. The issue opened on 07 September 2020 and closed on 09 September 2020. The Company's entire paid-up share capital consisting of 14,68,63,556 equity shares were listed and admitted for dealing on the National Stock Exchange of India Limited and BSE Limited with effect from 17 September 2020. On 27 January 2021, the Company signed definitive agreements acquiring 100% voting interest in PGS Inc., a US based end-to-end digital e-commerce solutions company, from Moonscape Inc., USA (parent company of PGS Inc.) for total computed consideration of USD 13.31 million (approximately Rs. 9,720 lakhs), comprising cash consideration of USD 8.25 million (approximately Rs. 6,025 lakhs) and fair-valued contingent consideration in the form of warrants of USD 5.06 million (approximately Rs. 3,696 lakhs) over the next three years, to be settled by PGS Inc. to Moonscape Inc. As of 31 March 2021, the Company had one wholly owned subsidiary company viz., Happiest Minds Inc., USA (formerly PGS Inc.). During the year 2020-21, Company signed definitive agreements to acquire, with effect from January 1, 2021, 100% ownership interest in PGS Inc which had permission to Do Business As 'DBA' - Pimcore Global Services, a Houston, USA, based digital e-commerce and data management solutions company for a cash consideration of US $8.25 million. Prior to the acquisition, PGS was a Customer of the Company. Revenues of PGS for the fiscal ended December 31, 2020 (pre-acquisition) was circa US$ 10.6 million during which period Company counted PGS as one of its US$ 2M + customer. Post-acquisition, the name of the PGS Inc. got changed to Happiest Minds Inc. During the year 2021-22, Company made a strategic investment into Tech4TH, a consulting led technology services company that exclusively focuses on the travel and hospitality segment. As of March 31, 2022, Company had one wholly-owned subsidiary company viz., Happiest Minds Inc., USA (formerly PGS Inc.). During the year 2022-23, Company acquired Sri Mookambika Infosolutions Private Limited (SMI), a Madurai headquartered, profitable, IT services company for an equity consideration of Rs 111.32 Crores, which became effective from January 01, 2023.

Happiest Minds Technologies Ltd News Hub

News

Volumes spurt at Happiest Minds Technologies Ltd counter

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25 Jun 202411:00

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Volumes soar at Happiest Minds Technologies Ltd counter

Craftsman Automation Ltd, Capri Global Capital Ltd, Olectra Greentech Ltd, Amara Raja Ener...

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25 Jun 202414:30

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Happiest Minds Technologies Ltd leads losers in 'A' group

Macrotech Developers Ltd, Oberoi Realty Ltd, United Breweries Ltd and Indiabulls Real Esta...

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25 Jun 202415:00

News

Happiest Minds acquired Aureus Tech Systems LLC

Happiest Minds Inc., a subsidiary of Happiest Minds Technologies in USA, has completed acq...

Read more

27 May 202418:05

News

Happiest Minds Technologies forges strategic partnership with Solvio

Happiest Minds Technologies announced its strategic partnership with Solvio, a top-tier Sa...

Read more

16 May 202410:49

News

Happiest Minds Technologies to convene AGM

Happiest Minds Technologies announced that the Annual General Meeting(AGM) of the company ...

Read more

07 May 202410:22

FAQs for dividends of Happiest Minds Technologies Ltd

What is the current market price of Happiest Minds Technologies Ltd Ltd as of July 16, 2024?

The current market price of Happiest Minds Technologies Ltd Ltd stands at 828.8 per share.

What dividend did Happiest Minds Technologies Ltd declare in the last fiscal year?

In the last fiscal year, Happiest Minds Technologies Ltd declared a dividend totaling ₹5.8.

What is the most recent dividend declared by Happiest Minds Technologies Ltd?

Happiest Minds Technologies Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Happiest Minds Technologies Ltd declared dividends in the current fiscal year

Happiest Minds Technologies Ltd has declared dividends 4 times totaling ₹3 in the current fiscal year (FY2023-2024).

How many times did Happiest Minds Technologies Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Happiest Minds Technologies Ltd declared dividends 4 times totaling ₹2.
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