Happiest Minds Technologies Limited (HAPPSTMNDS) — Net Asset Quality Index
Happiest Minds Technologies Limited (HAPPSTMNDS) has a Net Asset Quality Index of 47.6% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs34.36 Billion minus total liabilities of Rs18.00 Billion yields net assets of Rs16.35 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Happiest Minds Technologies Limited (HAPPSTMNDS) liquidity interval to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Happiest Minds Technologies Limited Net Asset Quality Index Over Time (2013–2025)
This chart shows how Happiest Minds Technologies Limited's Net Asset Quality Index has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the index stands at 47.6%, representing net assets of Rs16.35 Billion against total assets of Rs34.36 Billion INR. Explore Happiest Minds Technologies Limited cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Happiest Minds Technologies Limited (2013–2025)
The table below presents the year-by-year Net Asset Quality Index for Happiest Minds Technologies Limited from 2013 to 2025, covering 13 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of Happiest Minds Technologies Limited.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 46.9% | Rs15.75 Billion | Rs33.59 Billion | Rs17.84 Billion | ▼ -19.0 pp |
| 2024 | 65.9% | Rs14.80 Billion | Rs22.48 Billion | Rs7.68 Billion | ▲ +14.7 pp |
| 2023 | 51.1% | Rs8.39 Billion | Rs16.41 Billion | Rs8.02 Billion | ▼ -8.1 pp |
| 2022 | 59.2% | Rs6.66 Billion | Rs11.25 Billion | Rs4.59 Billion | ▼ 0.0 pp |
| 2021 | 59.2% | Rs5.46 Billion | Rs9.22 Billion | Rs3.76 Billion | ▲ +7.0 pp |
| 2020 | 52.2% | Rs2.65 Billion | Rs5.08 Billion | Rs2.43 Billion | ▲ +68.2 pp |
| 2019 | -16.0% | Rs-660.50 Million | Rs4.14 Billion | Rs4.80 Billion | ▲ +12.2 pp |
| 2018 | -28.1% | Rs-1.09 Billion | Rs3.87 Billion | Rs4.96 Billion | ▼ -93.7 pp |
| 2017 | 65.5% | Rs2.04 Billion | Rs3.11 Billion | Rs1.07 Billion | ▲ +6.6 pp |
| 2016 | 58.9% | Rs1.26 Billion | Rs2.13 Billion | Rs876.80 Million | ▼ -6.5 pp |
| 2015 | 65.4% | Rs1.19 Billion | Rs1.82 Billion | Rs627.90 Million | ▼ -4.2 pp |
| 2014 | 69.6% | Rs976.95 Million | Rs1.40 Billion | Rs426.80 Million | ▲ +6.9 pp |
| 2013 | 62.7% | Rs484.94 Million | Rs773.56 Million | Rs288.63 Million | — |