Happiest Minds Technologies Limited (HAPPSTMNDS) — Cash Flow Quality Index
Happiest Minds Technologies Limited (HAPPSTMNDS) has a Cash Flow Quality Index of 0.50x as of December 2023. Operating cash flow of Rs296.20 Million is below net income of Rs596.20 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Happiest Minds Technologies Limited cash conversion from operations to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Happiest Minds Technologies Limited Cash Flow Quality Index (2016–2025)
Historical Cash Flow Quality Index for Happiest Minds Technologies Limited across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check HAPPSTMNDS cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Happiest Minds Technologies Limited (2016–2025)
Year-by-year earnings quality comparison for Happiest Minds Technologies Limited. For live market cap and the full company financial profile, see Happiest Minds Technologies Limited (HAPPSTMNDS) total market value.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.28x | Rs2.36 Billion | Rs1.85 Billion | ▲ +49.6% |
| 2024 | 0.86x | Rs2.13 Billion | Rs2.48 Billion | ▲ +28.0% |
| 2023 | 0.67x | Rs2.07 Billion | Rs3.10 Billion | ▼ -2.2% |
| 2022 | 0.68x | Rs1.68 Billion | Rs2.46 Billion | ▼ -11.2% |
| 2021 | 0.77x | Rs1.43 Billion | Rs1.86 Billion | ▼ -49.5% |
| 2020 | 1.52x | Rs1.12 Billion | Rs736.10 Million | ▼ -65.7% |
| 2019 | 4.44x | Rs576.20 Million | Rs129.80 Million | ▲ +265.1% |
| 2017 | -2.69x | Rs-114.00 Million | Rs42.40 Million | ▼ -10.8% |
| 2016 | -2.43x | Rs-132.30 Million | Rs54.50 Million | — |