HAPPSTMNDS
Happiest Minds Technologies Limited
Each stock's 10,000-path forecast, rendered as light.
Happiest Minds Technologies Limited (HAPPSTMNDS) Stock Analysis & Case Study
Is HAPPSTMNDS a good buy? The data-driven verdict.
Happiest Minds Technologies Limited (HAPPSTMNDS) trades at ₹408,on the numbers it mixed signals, a Downstox Snapshot Score of 47/100.
On the numbers, Happiest Minds Technologies Limited (HAPPSTMNDS) mixed signals, a Downstox Snapshot Score of 47/100, weighing premium at 26.5× earnings, ROE of 13.8%, a 53% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
HAPPSTMNDS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How HAPPSTMNDS ranks against the 2,373 companies in our screener
- HAPPSTMNDS's market cap of 6,208 Cr ranks in the 69th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HAPPSTMNDS's book value of ₹111 ranks in the 55th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HAPPSTMNDS's promoter holding of 44.2% ranks in the 21st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HAPPSTMNDS's 3-year profit (PAT) growth of -1.0% ranks in the 28th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HAPPSTMNDS's 3-year revenue growth of 17.0% ranks in the 67th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- HAPPSTMNDS's debt-to-equity ratio of 0.88x is lower than 17% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is HAPPSTMNDS overvalued? HAPPSTMNDS P/E vs peers
HAPPSTMNDS trades at 26.5× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
HAPPSTMNDS share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 5.8y of HAPPSTMNDS history (2%/yr drift, 33%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| HAPPSTMNDS 2027 | ₹276 | ₹418 | ₹633 | +2% |
| HAPPSTMNDS 2028 | ₹237 | ₹428 | ₹772 | +5% |
| HAPPSTMNDS 2029 | ₹213 | ₹438 | ₹903 | +8% |
| HAPPSTMNDS 2030 | ₹196 | ₹449 | ₹1,030 | +10% |
| HAPPSTMNDS 2031 | ₹183 | ₹460 | ₹1,156 | +13% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability HAPPSTMNDS goes up, or doubles?
The bull case for HAPPSTMNDS
- HAPPSTMNDS's return on equity of 13.8% ranks in the 67th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹903.
The bear case & risks
- HAPPSTMNDS's P/E of 26.5x is lower than 51% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹213.
HAPPSTMNDS volatility & expected range, how bumpy is the ride?
Over the last 5.8 years HAPPSTMNDS compounded at 2%/year with annualized volatility of 33%. That volatility implies a 1-year 80% range of ₹276-₹633, the honest backbone behind any single price target.
HAPPSTMNDS price forecast, the full 60-month probability fan
HAPPSTMNDS price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds HAPPSTMNDS hits common targets within the simulated horizon?
Full multi-horizon detail on the HAPPSTMNDS price target & forecast page.
HAPPSTMNDS Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. HAPPSTMNDS scores 5/8, mixed financial health.
HAPPSTMNDS MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy HAPPSTMNDS with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 35.00% | 2.9× |
| ZerodhaCHEAPEST | 31.93% | 3.1× |
| Groww | 31.99% | 3.1× |
| Dhan | 31.93% | 3.1× |
| Kotak Neo | 31.95% | 3.1× |
| Paytm Money | 35.00% | 2.9× |
| Pocketful | 32.21% | 3.1× |
| Anand RathiCHEAPEST | 31.93% | 3.1× |
| Bajaj Broking | 33.00% | 3.0× |
| Share India | 31.98% | 3.1× |
Compare every broker on the HAPPSTMNDS MTF page.
About Happiest Minds Technologies Limited: sector, index & market-cap context
Happiest Minds Technologies Limited (HAPPSTMNDS) is a small-cap NSE-listed company, with a market capitalisation of ₹6,208 Cr. See more stocks on our screener.
How the HAPPSTMNDS Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Happiest Minds Technologies Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
HAPPSTMNDS analysis, FAQs
Is Happiest Minds Technologies Limited (HAPPSTMNDS) a good buy?
On the numbers, Happiest Minds Technologies Limited (HAPPSTMNDS) mixed signals, a Downstox Snapshot Score of 47/100, weighing premium at 26.5× earnings, ROE of 13.8%, a 53% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is HAPPSTMNDS overvalued or undervalued?
HAPPSTMNDS trades at 26.5× earnings, premium versus the ~22× long-run Nifty average.
What is the HAPPSTMNDS share price target for 2031?
HAPPSTMNDS's probability-weighted 2031 median target is ₹460, with an 80% range of ₹183-₹1,156 (10,000-path Monte-Carlo).
What is the probability HAPPSTMNDS doubles in 5 years?
The modelled probability of HAPPSTMNDS reaching ₹815 (2×) within 5 years is 21%.
What is the bull case for HAPPSTMNDS?
HAPPSTMNDS's return on equity of 13.8% ranks in the 67th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in HAPPSTMNDS?
HAPPSTMNDS's P/E of 26.5x is lower than 51% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.