Happiest Minds Technologies Limited (NSE:HAPPSTMNDS) — Market Cap & Net Worth

$522.42 Million USD  · Rs48.31 Billion INR  · Rank #12123

Market Cap & Net Worth: Happiest Minds Technologies Limited (HAPPSTMNDS)

Happiest Minds Technologies Limited (NSE:HAPPSTMNDS) has a market capitalization of $522.42 Million (Rs48.31 Billion) as of September 19, 2026. Listed on the NSE stock exchange, this India-based company holds position #12123 globally and #614 in its home market, demonstrating a -5.29% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Happiest Minds Technologies Limited's stock price Rs321.55 by its total outstanding shares 150231117 (150.23 Million). Also see Happiest Minds Technologies Limited asset portfolio for a full breakdown of the balance sheet.

Happiest Minds Technologies Limited Market Cap History: 2020 to 2026

Happiest Minds Technologies Limited's market capitalization history from 2020 to 2026. Data shows change from $546.90 Million to $522.42 Million (-1.99% CAGR). Also see HAPPSTMNDS operating cash flow for how efficiently the company converts equity into cash flow.

Index Memberships

Happiest Minds Technologies Limited is a constituent of 5 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NIFTY SMALLCAP 100
NIFSMCP100
$213.74 Billion 0.24% #82 of 100
NIFTY 500
NIFTY500
$3.08 Trillion 0.02% #384 of 500
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
$1.15 Trillion 0.05% #297 of 400
NIFTY TOTAL MARKET
NIFTYTOTALMKT
$3.18 Trillion 0.02% #469 of 750
NIFTY SMALLCAP 250
NISM250
$411.67 Billion 0.13% #197 of 250

Weight: Happiest Minds Technologies Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Happiest Minds Technologies Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Happiest Minds Technologies Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check Happiest Minds Technologies Limited share price for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

0.04x

Happiest Minds Technologies Limited's market cap is 0.04 times its annual revenue

Industry average: 0.76x Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.41x

Happiest Minds Technologies Limited's market cap is 0.41 times its annual earnings

Industry average: 8.51x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2020 $546.90 Million $6.98 Billion $717.10 Million 0.08x 0.76x
2021 $2.07 Billion $7.73 Billion $1.62 Billion 0.27x 1.27x
2022 $1.41 Billion $10.94 Billion $1.81 Billion 0.13x 0.78x
2023 $1.45 Billion $14.29 Billion $2.31 Billion 0.10x 0.63x
2024 $1.19 Billion $16.25 Billion $2.48 Billion 0.07x 0.48x
2025 $748.01 Million $20.61 Billion $1.85 Billion 0.04x 0.41x

Competitor Companies of HAPPSTMNDS by Market Capitalization

Companies near Happiest Minds Technologies Limited in the global market cap rankings as of September 19, 2026. Review HAPPSTMNDS tangible net worth ratio to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Happiest Minds Technologies Limited by market ranking:

  • International Business Machines (NYSE:IBM): Ranked #95 globally with a market cap of $216.27 Billion USD.
  • Accenture plc (NYSE:ACN): Ranked #234 globally with a market cap of $107.58 Billion USD.
  • Tata Consultancy Services Limited (NSE:TCS): Ranked #327 globally with a market cap of $82.36 Billion USD ( Rs7.62 Trillion INR).
  • Infosys Ltd ADR (NYSE:INFY): Ranked #526 globally with a market cap of $52.35 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#95 International Business Machines NYSE:IBM $216.27 Billion $229.55
#234 Accenture plc NYSE:ACN $107.58 Billion $181.29
#327 Tata Consultancy Services Limited NSE:TCS $82.36 Billion Rs2105.00
#526 Infosys Ltd ADR NYSE:INFY $52.35 Billion $12.94

Happiest Minds Technologies Limited Historical Marketcap From 2020 to 2026

Between 2020 and today, Happiest Minds Technologies Limited's market cap moved from $546.90 Million to $ 522.42 Million, with a yearly change of -1.99%.

Year Market Cap Change (%)
2026 Rs522.42 Million -30.16%
2025 Rs748.01 Million -37.34%
2024 Rs1.19 Billion -17.42%
2023 Rs1.45 Billion +2.34%
2022 Rs1.41 Billion -31.74%
2021 Rs2.07 Billion +278.34%
2020 Rs546.90 Million --

End of Day Market Cap According to Different Sources

On Sep 19th, 2026 the market cap of Happiest Minds Technologies Limited was reported to be:

Source Market Cap
Yahoo Finance $522.42 Million USD
MoneyControl $522.42 Million USD
MarketWatch $522.42 Million USD
marketcap.company $522.42 Million USD
Reuters $522.42 Million USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Happiest Minds Technologies Limited

NSE:HAPPSTMNDS India Information Technology Services
Market Cap
$522.42 Million
Rs48.31 Billion INR
Market Cap Rank
#12123 Global
#614 in India
Share Price
Rs321.55
Change (1 day)
-1.94%
52-Week Range
Rs321.55 - Rs564.20
All Time High
Rs1497.01
About

Happiest Minds Technologies Limited provides information technology (IT) solutions and services in India, the Americas, Australia, Europe, Asia, the Middle East, and Africa. It operates through three segments: Infrastructure Management and Security Services (IMSS); Product and Digital Engineering Services (PDES); and Generative AI Business Services (GBS). The IMSS segment provides integrated end-… Read more