Not registered yet? Get a free account.

Sign Up
search icon cancel icon
Happiest Minds Technologies Limited Location T. Score Charges People Network Registered Details
We are excited to bring you Tofler 2.0! Being new, there might be a few hiccups. Please bear with us.

HAPPIEST MINDS TECHNOLOGIES LIMITED

Active
Updated: 20 Oct 2024

Happiest Minds Technologies Limited, is an unlisted public company incorporated on 30 March, 2011. It is classified as a public limited company and is located in Bangalore, Karnataka. It's authorized share capital is INR 58.90 cr and the total paid-up capital is INR 30.45 cr.

Happiest Minds Technologies Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has increased by 30.58% over the previous year. At the same time, it's book networth has increased by 23.33%.

Read more

Industry

Computer Related Services
Products
  • Web Technologies, continuous, agile infrastructure, product engineering, consulting, a cyber security solution platform; Identity Vigil, network upgrade and migration, data management, and managed services for network and security; Cyber Vigil, digital transformation, migrate and manage hybrid cloud, managed infrastructure and security, IT security
Key Metrics

** All rupee values in INR crores. Based on March 2023 numbers.

Sales
28.93%
₹ GET PRO
EBITDA
30.58%
₹ GET PRO
Net Profit
16.03%
₹ GET PRO
Networth
23.33%
₹ GET PRO
Borrowings
149.97%
₹ GET PRO
Assets
45.59%
₹ GET PRO
Gross Margin
-
GET PRO%
Operating Margin
0.3
GET PRO%
Net Profit Margin
-1.44
GET PRO%
Return on Equity
-1.64
GET PRO%
ROCE
7.12
GET PRO%
Debt to Equity
0.3
GET PRO
Sales
Mar 2023
Net worth
Mar 2023

Locations

indian flag India (4)
State Type Address

location icon Locations on Map

Map placeholder

Tofler Score

score img
Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

Read more

Financial Highlights

** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Gross margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin GET PRO GET PRO GET PRO GET PRO GET PRO
Networth
Borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Debt to equity GET PRO GET PRO GET PRO GET PRO GET PRO
Current ratio GET PRO GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital GET PRO GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
Long term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Short term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Other current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Total liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Current assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Inventories GET PRO GET PRO GET PRO GET PRO GET PRO
Trade receivables GET PRO GET PRO GET PRO GET PRO GET PRO
Cash and cash equivalents GET PRO GET PRO GET PRO GET PRO GET PRO
ST loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Total assets

Profit & Loss

%
** All numbers in INR crores
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales + GET PRO GET PRO GET PRO GET PRO GET PRO
Sales growth % GET PRO GET PRO GET PRO GET PRO GET PRO
Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
Cost of goods GET PRO GET PRO GET PRO GET PRO GET PRO
Employee cost GET PRO GET PRO GET PRO GET PRO GET PRO
Other costs GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit + GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin % GET PRO GET PRO GET PRO GET PRO GET PRO
Other income GET PRO GET PRO GET PRO GET PRO GET PRO
Interest GET PRO GET PRO GET PRO GET PRO GET PRO
Depreciation GET PRO GET PRO GET PRO GET PRO GET PRO
Exceptional items GET PRO GET PRO GET PRO GET PRO GET PRO
Profit before tax GET PRO GET PRO GET PRO GET PRO GET PRO
Tax GET PRO GET PRO GET PRO GET PRO GET PRO
Profit - disc. ops GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin % GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Revenue from operations

Ratios

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Solvency +
Total Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Net Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Total Debt/Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total Assets/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Liquidity +
Current Ratio GET PRO GET PRO GET PRO GET PRO GET PRO
Quick Ratio GET PRO GET PRO GET PRO GET PRO GET PRO
Interest Coverage GET PRO GET PRO GET PRO GET PRO GET PRO
Performance
Gross Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Return +
Return on Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROCE GET PRO GET PRO GET PRO GET PRO GET PRO
Return on Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROIC GET PRO GET PRO GET PRO GET PRO GET PRO
Efficiency +
Days Payable GET PRO GET PRO GET PRO GET PRO GET PRO
Days Inventory GET PRO GET PRO GET PRO GET PRO GET PRO
Days Receivable GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Total Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital
Cash Conversion Cycle GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital Days GET PRO GET PRO GET PRO GET PRO GET PRO
chart icon

Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

The Federal Bank Limited

No. of Loans: 2

Total Amount : 196.0 cr

2

RBL Bank Limited

No. of Loans: 2

Total Amount : 82.7 cr

3

CitiBank N.A.

No. of Loans: 1

Total Amount : 60.0 cr

4

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 55.0 cr

5

ICICI Bank Limited

No. of Loans: 1

Total Amount : 50.0 cr

6

Axis Bank Limited

No. of Loans: 1

Total Amount : 25.0 cr

chart icon

Charges

The Federal Bank Limited
RBL Bank Limited
CitiBank N.A.
Kotak Mahindra Bank Limited
Others

People

Designation Name DIN/PAN Tenure
Director Anita Ramachandran 00118188 4 years
Director Ashok Soota
Shareholder
00145962 14 years
CFO Venkatraman Narayanan
Shareholder
<HIDDEN> 10 years
Managing Director Venkatraman Narayanan
Shareholder
01856347 7 years
CS Praveen Kumar Darshankar
Shareholder
<HIDDEN> 9 years
Director Rajiv Indravadan Shah 06752608 0 years
Director Rajendra Kumar Srivastava 07500741 4 years
Director Shuba Rao Mayya 08193276 4 years
Whole-time Director Joseph Vinod Kumar Anantharaju
Shareholder
08859640 4 years
Director Seshashayee Sampathiyengar Sridhara 09247644 0 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
CONNEXUS CONSULTANTS PRIVATE LIMITED
Strike Off
1.0 L 1 Maharashtra
CEREBRUS CONSULTANTS PRIVATE LIMITED
Active
11.2 L 1 Maharashtra
GEOMETRIC LIMITED
Amalgamated
13.4 Cr 1 Maharashtra
ADITYA BIRLA HOUSING FINANCE LIMITED
Active
573.0 Cr 1 Gujarat
ARAGEN LIFE SCIENCES LIMITED
Active
204.4 Cr 1 Telangana
UJJIVAN SMALL FINANCE BANK LIMITED
Active
1,934.2 Cr 1 Karnataka
GRASIM INDUSTRIES LTD
Active
132.8 Cr 1 Madhya Pradesh
BLUE STAR LIMITED
Active
41.1 Cr 1 Maharashtra
ULTRATECH CEMENT LIMITED
Active
1,288.7 Cr 1 Maharashtra
FSN E-COMMERCE VENTURES LIMITED
Active
285.8 Cr 2 Maharashtra
NYKAA FOUNDATION
Active
1.0 L 1 Maharashtra
GODREJ AND BOYCE MANUFACTURING COMPANY LIMITED
Active
6.8 Cr 1 Maharashtra
METROPOLIS HEALTHCARE LIMITED
Active
10.3 Cr 1 Maharashtra
ASHOK SOOTA MEDICAL RESEARCH LLP
Active
47.0 Cr 1 Karnataka
HAPPIEST HEALTH SYSTEMS PRIVATE LIMITED
Active
91.8 Cr 1 Karnataka
SONATA TECHNOLOGY SOLUTIONS INDIA LIMITE D
Strike Off
5.0 L 1 Karnataka
GOVARDHAN TRADING COMPANY PVT LTD
Active
15.0 L 1 Kerala
AUREUSTECH SYSTEMS PRIVATE LIMITED
Active
10.0 L 1 Telangana
GROW DIGI INDIA LIMITED
Active
5.0 L 1 Delhi
LATTICED ADVISORS LLP
Active
3.0 L 1 Telangana
SOLARA ACTIVE PHARMA SCIENCES LIMITED
Active
40.2 Cr 1 Maharashtra
LE TRAVENUES TECHNOLOGY LIMITED
Active
37.5 Cr 1 Haryana
CONFIRM TICKET ONLINE SOLUTIONS PRIVATE LIMITED
Amalgamated
13.8 L 1 Haryana
ACE MANUFACTURING SYSTEMS LIMITED
Amalgamated
76.4 L 1 Karnataka
ACE DESIGNERS LIMITED
Active
18.4 Cr 1 Karnataka
STOVE KRAFT LIMITED
Active
33.1 Cr 1 Karnataka
FSN BRANDS MARKETING PRIVATE LIMITED
Active
102.0 Cr 1 Maharashtra
FSN INTERNATIONAL LIMITED
Active
45.1 Cr 1 Maharashtra

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
Happiest Minds Inc United States - -
Sri Mookambika Infosolutions Private Limited India - -

Registered Details

CIN

L72900KA2011PLC057931

PAN

AACCH6301G

Incorporation

2011, 13.6 years

Company Email

legal@happiestminds.com

Paid up Capital

₹ 30.5 Cr

Authorised Capital

₹ 58.9 Cr

AGM

31 Jun 2024

Type

Public
Non-government Company

Last Balance Sheet Date
Reconfirm refresh img

Mar 2024 Updated on : 20 Oct 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - HAPPIEST MINDS TECHNOLOGIES LIMITED

What is the incorporation date of HAPPIEST MINDS TECHNOLOGIES LIMITED?

plus icon

The incorporation date of HAPPIEST MINDS TECHNOLOGIES LIMITED is 30 March, 2011

What is the authorized share capital of HAPPIEST MINDS TECHNOLOGIES LIMITED?

plus icon

The authorized share capital of HAPPIEST MINDS TECHNOLOGIES LIMITED is INR ₹ 58.9 Cr.

What is the paid-up capital of HAPPIEST MINDS TECHNOLOGIES LIMITED?

plus icon

The paid-up capital of HAPPIEST MINDS TECHNOLOGIES LIMITED is INR ₹ 30.5 Cr.

What is the registered address of HAPPIEST MINDS TECHNOLOGIES LIMITED?

plus icon

The registered address of HAPPIEST MINDS TECHNOLOGIES LIMITED is #53/1-4, Hosur Main Road, Madivala (Next to Madivala Polic e Statio n) NA Bangalore Bangalore Karnataka - 560068

What is the CIN number of HAPPIEST MINDS TECHNOLOGIES LIMITED?

plus icon

The CIN number of HAPPIEST MINDS TECHNOLOGIES LIMITED is L72900KA2011PLC057931.

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More