Happiest Minds                                                      • IPV6 Assessment on Network Infrastructure (LAN /WAN /Wireless and Network Security). It's EBITDA has increased by 63.85 % over the previous year. A significant investment area for Happiest Minds for FY15 is R&D for developing platforms, solution accelerators and new IP led services. Showing 1 - 15 of 208 products. has reported revenue growth of 18.2685141269734 % which is fair in relation to its growth and performance. About Happiest Minds Technologies Pvt. Business Standard: “Happiest Minds IPO is likely to be a good opportunity for investors. Happiest Minds was founded In April 2011 by Ashok Soota, Aurobinda Nanda, Dattatreya Salagame, Joseph Anantaraju, Puneet Jetli, Raja Sekher, Raja Shanmugam and Salil Godika. Happiest Minds Q2 net profit rises 27.8% to Rs 34.08 crore Total revenue grew 3.4 per cent to Rs 187.91 crore in the quarter under review from Rs 180.68 crore in … Happiest Minds Technologies is a debt-free company, which is a positive thing. In the last quarter ended March 31, the Bangalore-based company co-founded by Ashok Soota who had previously co-founded IT firm Mindtree, had revenue … Over the last one quarters, Happiest Minds's revenue has decreased by 0%. Shares of Happiest Minds Technologies cracked over 5 per cent in Thursday’s morning trade after the company on Wednesday posted a 32 per cent quarter-on-quarter (QoQ) fall in net profit at Rs 34.08 crore for the quarter ended September 30. Total revenue grew 3.4% to Rs 187.91 crore in the second quarter versus Rs 180.68 crore in the previous quarter. The top 10 competitors average 22.3B. Switch to. Some of the projects delivered by Happiest Minds based on the theme of Smart Secure Connected include: • Personalized Recommendations Engine powered by Big Data Analytics resulted in increase sales conversations for a Retailer Happiest Minds profit has grown 69% in the last three years from ₹22.47 crore in 2018 to ₹₹71.71 crore in 2020. It secured a $45 million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota. Happiest Minds Technologies Limited Reports Q2 FY 21 results post a successful IPO. Please enter numeric only for Phone number. [email protected], Gutenberg Communications A significant investment area for Happiest Minds for FY15 is R&D for developing platforms, solution accelerators and new IP led services. Sonali Madbhavi has a D/E ratio of 0.3004 which means that the company has low proportion of debt in its capital. IT company Happiest Minds Technologies had revenue of $28.1 million in 2013-14, a 123% growth over the $12.6 million it had in the year before. Financial Ratio or Element: Value: Remark: Scrip code and symbols nse:HAPPSTMNDS: bse:HAPPSTMNDS (543227) Happiest Minds share price today (October 01, 2020) nse: 342.80: bse: 342.65: 52-WEEK … Get latest price forecasts, revenue forecasts and earnings forecasts of Happiest Minds Technologies Ltd on Tickertape. • Managed Services for Network and Security for a leading Media Company Ashok Soota, Executive Chairman, Happiest Minds, said, “I am very excited about our momentum so far. Operating Margin: - This will tell you about the operational efficiency of the company. Despite this, Happiest Minds has a revenue growth rate of 19% and PAT growth of 405%. Bangalore, India and New Jersey, US 1st May, 2014: Happiest Minds Technologies, a next generation IT Solutions & Services Company today announced its second year financial results reporting 122% dollar growth in the year 2013-14 and an annualized run rate of $ 34 mn. In FY2019 and 2020, 97.2% and 96.9% of their revenue from operations were from providing digital IT services. Bangalore, India and New Jersey, US 1st May, 2014: Happiest Minds Technologies, a next generation IT Solutions & Services Company today announced its second year financial results reporting 122% dollar growth in the year 2013-14 and an annualized run rate of $ 34 mn. • Created 360 Degree view of customers powered by Big Data Platform for a leading publishing company Company’s repeat revenue (revenue from existing clients) is 90% which implies that there is a satisfaction among the current … Please enter numeric only for Phone number. • Mobile strategy, roadmap & architecture definition for a Leading Data & Information Provider Happiest Minds Technologies Ltd. key Products/Revenue Segments include Sale of services which contributed Rs 698.21 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2020. For more information, visit https://www.happiestminds.com/en-gb. Happiest Minds Technologies Ltd. HAPPSTMNDS. Our focus on disruptive technologies which I term as “SMAC plus” has helped customers innovate in their businesses. Enterprises are embracing these technologies to implement Omni-channel strategies, manage structured & unstructured data and make real time decisions based on actionable insights, while ensuring security for data and infrastructure. Company derives 97% of its revenue from digital services while compared to 50% by its closest midcap peer. But before hitting 'subscribe' to the issue, here are a few things you must know: Salil Godika Happiest Minds has 2,639 employees across 13 locations. “The extent of correction that we see in the stock is limited, as there are hopes that such companies may grow strongly quarter after quarter. According to the company's official website, Happiest Minds Technologies Limited is a company which "applies agile methodologies to enable digital transformation for enterprise and technology providers by delivering seamless customer experience, business efficiency and actionable insights." • Improved productivity with Automated Agent Performance Analytics for a Life Insurance Major Search. With this, we feel, Happiest Minds has tremendous scope for improvement .Acquisition of new larger accounts and with cross sell and up sell opportunities available to its acquired clients , will help the company to grow ahead. A comprehensive list of competitors and best alternatives to Happiest Minds. Empower your team by choosing the best Happiest Minds competitor that meets your unique business requirements. Happiest Minds Technologies Executive Chairman Ashok Soota said the company has reported a good all-round performance this quarter. Our theme of Smart Secure Connected experience powered by “SMAC plus” technologies is resonating well in the market and providing a platform for future growth.”. [email protected]. One, it clocked Rs 714.2 crore in the 2020 fiscal—falling just short of $100 million annualised run rate. Ltd. Happiest Minds is focused on helping customers build Smart, Secure, Connected experience by leveraging disruptive technologies like mobility, analytics, security, cloud computing, social computing and unified communications. Happiest Minds Technologies Limited's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2020. Having created solid foundation with an experienced team of 1250 people and 16 global offices, Happiest Minds is on track to become the fastest Indian IT Services company to achieve $ 100 mn in revenue as it progresses towards its goal of becoming a Public company. Happiest Minds also offers high degree of skills, IPs and domain expertise across a set of focused areas that include IT Services, Product Engineering Services, Infrastructure Management, Security, Testing and Consulting. Sonali Madbhavi • Managed Services for Network and Security for a leading Media Company "Happiest Minds Technologies is a strong brand in the digital IT services space. Based on these calculations and assuming two scenarios of 15 per cent and 20 per cent growth, Happiest Minds can achieve diluted EPS of Rs 9.6-10 in FY22, on the basis of which the PE multiple works out to 16.5x-17.3x FY22E EPS," said Harit Shah, an analyst at the KR Choksey Research. One Risk factor of the happiest minds is that 48 percent of the revenue of the happiest minds comes from only the top 10 customers. The strong customer base and business momentum is a result of enterprises embracing these disruptive technologies to implement omni-channel strategies, managing structured & unstructured data and making real time decisions based on actionable insights, while ensuring security for data and infrastructure. Happiest Minds enables Digital Transformation for enterprises and technology providers by delivering seamless customer experience, business efficiency and actionable insights through an integrated set of disruptive technologies: big data analytics, internet of things, mobility, cloud, security, unified communications, etc... © Happiest Minds 2021     Terms and Conditions Privacy Policy, Record Breaking Second Year Performance with Annualized Run Rate of $ 34 mn. • Mobile & NFC based Inventory Management & Ordering system for a Retailer [email protected], Gutenberg Communications The operating margin of Happiest Minds … Vikram Gulati, MD & CEO, Happiest Minds, further added,“As industries such as Retail, BFSI, CPG, Manufacturing, Hi tech, Media and Entertainment work towards providing immersive customer experience across all channels, the need for “SMAC plus” technologies is growing. About Happiest Minds Technologies Pvt. Home. Strong business momentum continued with the company building a base of 79 customers. Out of these, 9 customers are Fortune 500 companies, 9 customers provided $1 million plus revenue contribution and 2 customers brought in $5 million in revenues. The company had reported a a tax credit of Rs 17.85 crore during the June quarter. Portfolio. In accordance with our strategy of introducing newer disruptive technologies as they emerge, we launched in FY14 a Practice for the Internet of Things & Machine to Machine Solutions (IoT / M2M). Specifically, in Q1 2020's revenue was $94.9M. PES alone accounts for 51 per cent of the company's revenue. View Happiest Minds (www.happiestminds.com) location in Karnataka, India , revenue, industry and description. Happiest Minds                                                      Sales growth: - Happiest Minds Tech. 74% of Happiest Minds’ revenue came from disruptive technology projects validating its focus on these core technologies. Happiest Minds expects to expand at an annualized rate of 20%, almost double the industry growth rate, Soota told BloombergQuint on Sept. 7. Place Order. The investors were JP Morgan Asset Management, Intel Capital and Ashok Soota. NEW DELHI: The Rs 702 crore IPO of Happiest Minds kicked off on Monday. Location Mobile Personalization(LO-MO-ME), Managed Infrastructure & Security Services. Having created solid foundation with an experienced team of 1250 people and 16 global offices, Happiest Minds is on track to become the fastest Indian IT Services company to achieve $ 100 mn in revenue as it progresses towards its goal of becoming a Public company. Our focus on disruptive technologies which I term as “SMAC plus” has helped customers innovate in their businesses. In case of Happiest Minds, the over 90 per cent revenue from digital space compared with traditional players, which have 35-50 per cent of their revenues coming from the segment, is seen as a USP. For more information, visit https://www.happiestminds.com. • Application migration to a Virtualized Platform for an ICT Infrastructure provider • Reduced revenue leakage using Audit Analytics solution for Airlines [email protected]. This seems to be a major red flag as its revenues are majorly dependent on political scenario and immigration policies in USA. About Happiest Minds … In accordance with our strategy of introducing newer disruptive technologies as they emerge, we launched in FY14 a Practice for the Internet of Things & Machine to Machine Solutions (IoT / M2M). 377.50 23.40 (+6.60 %) Place Order. Happiest Minds also offers high degree of skills, IPs and domain expertise across a set of focused areas that include IT Services, Product Engineering Services, Infrastructure Management, Security, Testing and Consulting. Forecasts. In the run-up to the successful initial public offering (IPO) of Happiest Minds Technologies (HMTL) in September this year, three things stood out about the nine-year-old next generation IT firm headquartered in Bengaluru. Our theme of Smart Secure Connected experience powered by “SMAC plus” technologies is resonating well in the market and providing a platform for future growth.”. Which is high among all its peers. • Reduced revenue leakage using Audit Analytics solution for Airlines This differentiated strategy has enabled us to develop a wonderful customer base and execute transformative projects. The company gets 97% of its revenue from digital services, compared with 30-50% for its local peers, according to a report by Motilal Oswal Securities Ltd. See insights on Happiest Minds including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. • Mobile Centred Transformation for a leading Travel & Leisure company • Cloud Application Support for a leading Global Education Services provider • Application migration to a Virtualized Platform for an ICT Infrastructure provider Financial Ratios and Elements of Happiest Minds Share Price. IPO mart is buzzing once again as stock markets bounce back smartly from March lows. • Mobile & NFC based Inventory Management & Ordering system for a Retailer Cloud-based helpdesk management solution for enterprises. Come Monday, Happiest Minds Technologies is coming out with its Rs 700 crore issue. • Cloud Application Support for a leading Global Education Services provider • Cloud Integration of SaaS & On-premise application for a Hi-tech major Happiest Minds brand, “Born Digital. This differentiated strategy has enabled us to develop a wonderful customer base and execute transformative projects. The revenue has also climbed nearly 34% during the … Find how analysts rate Happiest Minds Technologies . The IPO will open for subscription on September 7 and close on September 9. Debt on Happiest Minds A good and Strong factor of company fundamentals is that the happiest mind is a debt-free digital services company, In Fy 2018 company is under the debt of Rs 14 Crore this debt is decreased to Rs 8.5 Crore in year Fy 2020. Account . The company received $45 million Series-A funding In November 2011. Location Mobile Personalization(LO-MO-ME), Managed Infrastructure & Security Services. Revenue of Happiest Minds has grown immensely well for past 2 years. • Mobile strategy, roadmap & architecture definition for a Leading Data & Information Provider Other performance and liquidity ratios are available here. Happiest Minds enables Digital Transformation for enterprises and technology providers by delivering seamless customer experience, business efficiency and actionable insights through an integrated set of disruptive technologies: big data analytics, internet of things, mobility, cloud, security, unified communications, etc... © Happiest Minds 2021     Terms and Conditions Privacy Policy, Record Breaking Second Year Performance with Annualized Run Rate of $ 34 mn. Some of the projects delivered by Happiest Minds based on the theme of Smart Secure Connected include: • Personalized Recommendations Engine powered by Big Data Analytics resulted in increase sales conversations for a Retailer At this price, Happiest Minds mopped up Rs 315.9 crore, the company said in a statement on Saturday. About Happiest Minds … Other than this, company peers revenue are growing at a Higher CAGR of 26% to 36%. Born Agile” is a reflection of digitalization being built into the essence of their business. The strong customer base and business momentum is a result of enterprises embracing these disruptive technologies to implement omni-channel strategies, managing structured & unstructured data and making real time decisions based on actionable insights, while ensuring security for data and infrastructure. Analysts said the valuations look high when compared with traditional IT players, but attractive when compared with digital players overseas. Get Happiest Minds Technologies Ltd. latest Quarterly Results, Financial Statements and Happiest Minds Technologies Ltd. detailed profit and loss accounts. Find related and similar companies as well as employees by title and much more. In the Fiscal year 2018, the company had a debt of 14 crores, and in the Fiscal year 2019, this debt reduced to 8.5 crores, and now it is 0. At the same time, it's book networth has increased by 492.97 %. • Created 360 Degree view of customers powered by Big Data Platform for a leading publishing company Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. Watchlist. It secured a $45 million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota. Happiest Minds Tech. 4.5 (16) Freshdesk. 74% of Happiest Minds’ revenue came from disruptive technology projects validating its focus on these core technologies. "We are happy to present our first results after going public. I'm using freshdesk for last 3 year, the features of the application is very easy. About Happiest Minds. Ltd. Happiest Minds is focused on helping customers build Smart, Secure, Connected experience by leveraging disruptive technologies like mobility, analytics, security, cloud computing, social computing and unified communications. Good morning :) Happiest Minds Technologies Ltd. Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. Enterprises are embracing these technologies to implement Omni-channel strategies, manage structured & unstructured data and make real time decisions based on actionable insights, while ensuring security for data and infrastructure. Out of these, 9 customers are Fortune 500 companies, 9 customers provided $1 million plus revenue contribution and 2 customers brought in $5 million in revenues. Revenue Mix of Happiest Minds Technologies. Vikram Gulati, MD & CEO, Happiest Minds, further added,“As industries such as Retail, BFSI, CPG, Manufacturing, Hi tech, Media and Entertainment work towards providing immersive customer experience across all channels, the need for “SMAC plus” technologies is growing. Having created solid foundation with an experienced team of 1250 people and 16 global offices, Happiest Minds is on track to become the fastest Indian IT Services company to achieve $ 100 mn in revenue as it progresses towards its goal of becoming a Public company. Happiest Minds Share Price, Happiest Minds Stock Price, Happiest Minds Technologies Ltd. Stock/Share prices, Happiest Minds Technologies Ltd. Live BSE/NSE, F&O Quote of Happiest Minds … Salil Godika • Cloud Integration of SaaS & On-premise application for a Hi-tech major Ashok Soota, Executive Chairman, Happiest Minds, said, “I am very excited about our momentum so far. If we take a look at geography wise revenue mix, 78% of the revenue is comes from USA. • Improved productivity with Automated Agent Performance Analytics for a Life Insurance Major • IPV6 Assessment on Network Infrastructure (LAN /WAN /Wireless and Network Security). Strong business momentum continued with the company building a base of 79 customers. Happiest Minds's revenue is the ranked 18th among it's top 10 competitors. Having created solid foundation with an experienced team of 1250 people and 16 global offices, Happiest Minds is on track to become the fastest Indian IT Services company to achieve $ 100 mn in revenue as it progresses towards its goal of becoming a Public company. Revenue grows 5.4% sequentially in dollar terms, EBITDA margin expands to 26.3% Bengaluru, India, San Jose, California and London, November 4, 2020: Happiest Minds Technologies Limited (NSE:HAPPSTMNDS), a ‘Born Digital. • Mobile Centred Transformation for a leading Travel & Leisure company Minds ’ revenue came from disruptive technology projects validating its focus on these core Technologies, India, Happiest has... Minds mopped up Rs 315.9 crore, the features of the application is very easy,! 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