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. It secured a $45 million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota. Despite this, Happiest Minds has a revenue growth rate of 19% and PAT growth of 405%. About Happiest Minds. Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. • Managed Services for Network and Security for a leading Media Company 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. It secured a $45 million Series-A funding led by Canaan Partners, Intel Capital and Ashok Soota. Total revenue grew 3.4% to Rs 187.91 crore in the second quarter versus Rs 180.68 crore in the previous quarter. The company had reported a a tax credit of Rs 17.85 crore during the June quarter. 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. Happiest Minds Technologies is a debt-free company, which is a positive thing. 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. • Improved productivity with Automated Agent Performance Analytics for a Life Insurance Major Strong business momentum continued with the company building a base of 79 customers. The top 10 competitors average 22.3B. 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 … • Cloud Integration of SaaS & On-premise application for a Hi-tech major Financial Ratios and Elements of Happiest Minds Share Price. This seems to be a major red flag as its revenues are majorly dependent on political scenario and immigration policies in USA. Sales growth: - Happiest Minds Tech. • Mobile & NFC based Inventory Management & Ordering system for a Retailer 74% of Happiest Minds’ revenue came from disruptive technology projects validating its focus on these core technologies. A significant investment area for Happiest Minds for FY15 is R&D for developing platforms, solution accelerators and new IP led services. Specifically, in Q1 2020's revenue was $94.9M. 74% of Happiest Minds’ revenue came from disruptive technology projects validating its focus on these core technologies. Find related and similar companies as well as employees by title and much more. Happiest Minds's revenue is the ranked 18th among it's top 10 competitors. Revenue Mix of Happiest Minds Technologies. 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. 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. 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. 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. Our focus on disruptive technologies which I term as “SMAC plus” has helped customers innovate in their businesses. Home. Sonali Madbhavi Company derives 97% of its revenue from digital services while compared to 50% by its closest midcap peer. 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. 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. • Mobile strategy, roadmap & architecture definition for a Leading Data & Information Provider In FY2019 and 2020, 97.2% and 96.9% of their revenue from operations were from providing digital IT services. At this price, Happiest Minds mopped up Rs 315.9 crore, the company said in a statement on Saturday. Our focus on disruptive technologies which I term as “SMAC plus” has helped customers innovate in their businesses. IPO mart is buzzing once again as stock markets bounce back smartly from March lows. One, it clocked Rs 714.2 crore in the 2020 fiscal—falling just short of $100 million annualised run rate. PES alone accounts for 51 per cent of the company's revenue. Analysts said the valuations look high when compared with traditional IT players, but attractive when compared with digital players overseas. • IPV6 Assessment on Network Infrastructure (LAN /WAN /Wireless and Network Security). Happiest Minds Technologies Ltd. HAPPSTMNDS. 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. About Happiest Minds Technologies Pvt. Over the last one quarters, Happiest Minds's revenue has decreased by 0%. About Happiest Minds Technologies Pvt. • Improved productivity with Automated Agent Performance Analytics for a Life Insurance Major NEW DELHI: The Rs 702 crore IPO of Happiest Minds kicked off on Monday. Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. • Mobile & NFC based Inventory Management & Ordering system for a Retailer Happiest Minds has 2,639 employees across 13 locations. • Created 360 Degree view of customers powered by Big Data Platform for a leading publishing company 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. A comprehensive list of competitors and best alternatives to Happiest Minds. Other than this, company peers revenue are growing at a Higher CAGR of 26% to 36%. Company’s repeat revenue (revenue from existing clients) is 90% which implies that there is a satisfaction among the current … • IPV6 Assessment on Network Infrastructure (LAN /WAN /Wireless and Network Security). I'm using freshdesk for last 3 year, the features of the application is very easy. • Reduced revenue leakage using Audit Analytics solution for Airlines • Cloud Application Support for a leading Global Education Services provider 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. • Application migration to a Virtualized Platform for an ICT Infrastructure provider Other performance and liquidity ratios are available here. Which is high among all its peers. • Mobile Centred Transformation for a leading Travel & Leisure company "Happiest Minds Technologies is a strong brand in the digital IT services space. This differentiated strategy has enabled us to develop a wonderful customer base and execute transformative projects. Get Happiest Minds Technologies Ltd. latest Quarterly Results, Financial Statements and Happiest Minds Technologies Ltd. detailed profit and loss accounts. Location Mobile Personalization(LO-MO-ME), Managed Infrastructure & Security Services. Happiest Minds Tech. 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 brand, “Born Digital. See insights on Happiest Minds including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. 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. Empower your team by choosing the best Happiest Minds competitor that meets your unique business requirements. Find how analysts rate Happiest Minds Technologies . has a D/E ratio of 0.3004 which means that the company has low proportion of debt in its capital. "We are happy to present our first results after going public. 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 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. 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 … Location Mobile Personalization(LO-MO-ME), Managed Infrastructure & Security Services. 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. • Reduced revenue leakage using Audit Analytics solution for Airlines 377.50 23.40 (+6.60 %) Place Order. This differentiated strategy has enabled us to develop a wonderful customer base and execute transformative projects. 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. 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 … • Mobile strategy, roadmap & architecture definition for a Leading Data & Information Provider 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. Watchlist. 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. Happiest Minds                                                      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. Search. Come Monday, Happiest Minds Technologies is coming out with its Rs 700 crore issue. 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. 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. 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. 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. 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 The investors were JP Morgan Asset Management, Intel Capital and Ashok Soota. About Happiest Minds … 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. Happiest Minds Technologies Executive Chairman Ashok Soota said the company has reported a good all-round performance this quarter. 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. 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). About Happiest Minds … Revenue of Happiest Minds has grown immensely well for past 2 years. Born Agile” is a reflection of digitalization being built into the essence of their business. Happiest Minds                                                      Ashok Soota, Executive Chairman, Happiest Minds, said, “I am very excited about our momentum so far. • Cloud Integration of SaaS & On-premise application for a Hi-tech major Happiest Minds Technologies Limited Reports Q2 FY 21 results post a successful IPO. 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." • Created 360 Degree view of customers powered by Big Data Platform for a leading publishing company 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.”. • Cloud Application Support for a leading Global Education Services provider Showing 1 - 15 of 208 products. 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). Salil Godika 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 … The IPO will open for subscription on September 7 and close on September 9. Please enter numeric only for Phone number. 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. [email protected]. At the same time, it's book networth has increased by 492.97 %. has reported revenue growth of 18.2685141269734 % which is fair in relation to its growth and performance. Portfolio. Salil Godika Happiest Minds expects to expand at an annualized rate of 20%, almost double the industry growth rate, Soota told BloombergQuint on Sept. 7. Switch to. View Happiest Minds (www.happiestminds.com) location in Karnataka, India , revenue, industry and description. Sonali Madbhavi If we take a look at geography wise revenue mix, 78% of the revenue is comes from USA. For more information, visit https://www.happiestminds.com/en-gb. • Mobile Centred Transformation for a leading Travel & Leisure company Please enter numeric only for Phone number. It's EBITDA has increased by 63.85 % over the previous year. The operating margin of Happiest Minds … Account . “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. • Application migration to a Virtualized Platform for an ICT Infrastructure provider Happiest Minds Technologies Limited's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2020. 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 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. But before hitting 'subscribe' to the issue, here are a few things you must know: Happiest Minds profit has grown 69% in the last three years from ₹22.47 crore in 2018 to ₹₹71.71 crore in 2020. [email protected]. Cloud-based helpdesk management solution for enterprises. The revenue has also climbed nearly 34% during the … 4.5 (16) Freshdesk. Place Order. For more information, visit https://www.happiestminds.com. A significant investment area for Happiest Minds for FY15 is R&D for developing platforms, solution accelerators and new IP led services. Good morning :) Happiest Minds Technologies Ltd. Business Standard: “Happiest Minds IPO is likely to be a good opportunity for investors. [email protected], Gutenberg Communications Forecasts. 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. [email protected], Gutenberg Communications 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. 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. 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. 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