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Happiest Minds Technologies Ltd.
 
BSE Code 543227
ISIN Demat INE419U01012
Book Value (Rs) 90.49
NSE Code HAPPSTMNDS
Dividend Yield % 0.60
Market Cap (Rs) 136285.96
TTM PE(x) 61.81
TTM EPS(Rs) 14.48
Face Value(Rs.) 2  
(Rs in Million)
Particulars Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
INCOME :          
Operating Income13325.50  10335.40  7609.60  6982.10  5903.60  
     Software Services & Operating Revenues13324.80  10335.40  7609.60  6976.00  5888.30  
     Job Work/ Contract Receipts          
     Sale of Equipments & licenses0.70      6.10  15.30  
     Processing Charges / ServiceIncome          
     Other Operational Income0.00  0.00  0.00  0.00  0.00  
Less: Excise Duty          
Operating Income (Net)13325.50  10335.40  7609.60  6982.10  5903.60  
EXPENDITURE :          
Stock Adjustments          
Raw Material Consumed          
     Opening Raw Materials          
     Purchases Raw Materials          
     Closing Raw Materials          
     Other Direct Purchases / Brought in cost          
     Others raw material cost0.00  0.00  0.00  0.00  0.00  
Power & Fuel Cost43.50  20.40  18.40  44.90  39.10  
     Electricity & Power43.50  20.40  18.40  44.90  39.10  
     Oil, Fuel & Natural gas0.00  0.00  0.00  0.00  0.00  
     Coals etc0.00  0.00  0.00  0.00  0.00  
     Other power & fuel0.00  0.00  0.00  0.00  0.00  
Employee Cost7869.00  6121.00  4501.20  4412.30  3814.20  
     Salaries, Wages & Bonus7304.30  5684.10  4129.70  4108.90  3510.80  
     Contributions to EPF & Pension Funds373.80  280.80  208.70  190.50  169.00  
     Wheeling & Transmission Charges recoverable40.20  13.60  23.40  16.40  15.50  
     Other Employees Cost150.70  142.50  139.40  96.50  118.90  
Cost of Software developments1548.30  1290.40  852.90  849.80  776.40  
     Software Purchase        0.00  
     Technical sub-contractors1164.50  1075.40  679.70  727.10  649.70  
     Training Expenses          
     Software License cost383.80  215.00  173.20  122.70  126.70  
     Other software development expenses0.00  0.00  0.00  0.00  0.00  
Operating Expenses187.00  150.50  80.70  85.20  70.00  
     Repairs and Maintenance58.30  37.60  33.60  62.20  43.70  
     Travel Expenses          
     Overseas Group Health Insurance          
     Visa & Other Charges          
     Post contract support services          
     Packing Material Consumed          
     Other Operating Expenses128.70  112.90  47.10  23.00  26.30  
General and Administration Expenses377.60  221.70  129.20  466.20  354.20  
     Rates & Taxes4.30  9.60  6.10  3.10  2.90  
     Insurance10.60  4.80  4.40  3.60  2.60  
     Printing and stationery          
     Professional and legal fees52.50  45.80  19.00  110.80  44.20  
     Other Administration279.50  137.80  84.60  324.10  282.30  
Selling and Marketing Expenses45.60  23.60  23.20  44.90  50.90  
     Advertisement & Sales Promotion38.50  11.10  6.90  26.30  26.90  
     Commission, Brokerage & Discounts7.10  12.50  16.30  18.60  24.00  
     Freight outwards          
     Other Selling Expenses0.00  0.00  0.00  0.00  0.00  
Miscellaneous Expenses188.80  51.10  107.20  90.50  214.30  
     Bad debts /advances written off        1.80  
     Provision for doubtful debts-5.80  -4.10  84.50  54.80  81.40  
     Losson disposal of fixed assets(net)        0.50  
     Losson foreign exchange fluctuations142.30        88.50  
     Losson sale of non-trade current investments          
     Other Miscellaneous Expenses52.30  55.20  22.70  35.70  42.10  
Less: Expenses Capitalised          
Total Expenditure10259.80  7878.70  5712.80  5993.80  5319.10  
Operating Profit (Excl OI)3065.70  2456.70  1896.80  988.30  584.50  
Other Income365.70  377.10  234.20  159.80  116.20  
     Interest Received272.50  66.70  83.80  46.30  29.40  
     Dividend Received          
     Profit on sale of Fixed Assets  1.00        
     Profits on sale of Investments        77.20  
     Provision Written Back        3.70  
     Foreign Exchange Gains  78.80  7.90  51.70    
     Others93.20  230.60  142.50  61.80  5.90  
Operating Profit3431.40  2833.80  2131.00  1148.10  700.70  
Interest215.00  83.00  64.50  79.90  158.90  
     InterestonDebenture / Bonds1.00          
     Intereston Term Loan154.70  34.30  28.90  33.50  57.50  
     Intereston Fixed deposits          
     Bank Charges etc          
     Other Interest59.30  48.70  35.60  46.40  101.40  
PBDT3216.40  2750.80  2066.50  1068.20  541.80  
Depreciation299.60  242.30  206.30  202.30  202.40  
Profit Before Taxation & Exceptional Items2916.80  2508.50  1860.20  865.90  339.40  
Exceptional Income / Expenses      -112.60  -298.30  
Profit Before Tax2916.80  2508.50  1860.20  753.30  41.10  
Provision for Tax753.00  643.70  240.90  19.00    
     Current Income Tax788.90  600.40  352.70  17.20    
     Deferred Tax-35.90  43.30  -111.80      
     Other taxes0.00  0.00  0.00  19.00  0.00  
Profit After Tax2163.80  1864.80  1619.30  734.30  41.10  
Extra items0.00  0.00  0.00  0.00  0.00  
Minority Interest          
Share of Associate          
Other Consolidated Items          
Consolidated Net Profit2163.80  1864.80  1619.30  734.30  41.10  
Adjustments to PAT          
Profit Balance B/F2238.80  1063.70  -545.70  -2866.50  -2903.10  
Appropriations4402.60  2928.50  1073.60  -2132.20  -2862.00  
     General Reserves          
     Proposed Equity Dividend          
     Corporate dividend tax          
     Other Appropriation4402.60  2928.50  1073.60  -2132.20  -2862.00  
Equity Dividend %270.00  188.00  150.00      
Earnings Per Share15.00  13.00  11.00  17.00  1.00  
Adjusted EPS15.00  13.00  11.00  17.00  1.00  
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