The company gets 97% of its revenue from digital services, compared with 30-50% for its local peers, according to a report by Motilal Oswal Securities Ltd. has reported revenue growth of 18.2685141269734 % which is fair in relation to its growth and performance. Please enter numeric only for Phone number. Happiest Minds Technologies Ltd. key Products/Revenue Segments include Sale of services which contributed Rs 698.21 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2020. The strong customer base and business momentum is a result of enterprises embracing these disruptive technologies to implement omni-channel strategies, managing structured & unstructured data and making real time decisions based on actionable insights, while ensuring security for data and infrastructure. • Mobile Centred Transformation for a leading Travel & Leisure company Shares of Happiest Minds Technologies cracked over 5 per cent in Thursday’s morning trade after the company on Wednesday posted a 32 per cent quarter-on-quarter (QoQ) fall in net profit at Rs 34.08 crore for the quarter ended September 30. Headquartered in Bangalore, India, Happiest Minds has operations in the US, UK, Singapore and Australia. Happiest Minds also offers high degree of skills, IPs and domain expertise across a set of focused areas that include IT Services, Product Engineering Services, Infrastructure Management, Security, Testing and Consulting. Salil Godika Out of these, 9 customers are Fortune 500 companies, 9 customers provided $1 million plus revenue contribution and 2 customers brought in $5 million in revenues. [email protected]. Happiest Minds's revenue is the ranked 18th among it's top 10 competitors. Sales growth: - Happiest Minds Tech. With this, we feel, Happiest Minds has tremendous scope for improvement .Acquisition of new larger accounts and with cross sell and up sell opportunities available to its acquired clients , will help the company to grow ahead. Account . Other than this, company peers revenue are growing at a Higher CAGR of 26% to 36%. Which is high among all its peers. Our theme of Smart Secure Connected experience powered by “SMAC plus” technologies is resonating well in the market and providing a platform for future growth.”. Happiest Minds has 2,639 employees across 13 locations. Business Standard: “Happiest Minds IPO is likely to be a good opportunity for investors. The strong customer base and business momentum is a result of enterprises embracing these disruptive technologies to implement omni-channel strategies, managing structured & unstructured data and making real time decisions based on actionable insights, while ensuring security for data and infrastructure. Search. In accordance with our strategy of introducing newer disruptive technologies as they emerge, we launched in FY14 a Practice for the Internet of Things & Machine to Machine Solutions (IoT / M2M). • IPV6 Assessment on Network Infrastructure (LAN /WAN /Wireless and Network Security). Strong business momentum continued with the company building a base of 79 customers. Happiest Minds was founded In April 2011 by Ashok Soota, Aurobinda Nanda, Dattatreya Salagame, Joseph Anantaraju, Puneet Jetli, Raja Sekher, Raja Shanmugam and Salil Godika. Happiest Minds Q2 net profit rises 27.8% to Rs 34.08 crore Total revenue grew 3.4 per cent to Rs 187.91 crore in the quarter under review from Rs 180.68 crore in … Ashok Soota, Executive Chairman, Happiest Minds, said, “I am very excited about our momentum so far. Find related and similar companies as well as employees by title and much more. Happiest Minds expects to expand at an annualized rate of 20%, almost double the industry growth rate, Soota told BloombergQuint on Sept. 7. Showing 1 - 15 of 208 products. "Happiest Minds Technologies is a strong brand in the digital IT services space. About Happiest Minds Technologies Pvt. 4.5 (16) Freshdesk. It's EBITDA has increased by 63.85 % over the previous year. Happiest Minds enables Digital Transformation for enterprises and technology providers by delivering seamless customer experience, business efficiency and actionable insights through an integrated set of disruptive technologies: big data analytics, internet of things, mobility, cloud, security, unified communications, etc... © Happiest Minds 2021 Terms and Conditions Privacy Policy, Record Breaking Second Year Performance with Annualized Run Rate of $ 34 mn. Find how analysts rate Happiest Minds Technologies . Home. Revenue Mix of Happiest Minds Technologies. Ashok Soota, Executive Chairman, Happiest Minds, said, “I am very excited about our momentum so far. Having created solid foundation with an experienced team of 1250 people and 16 global offices, Happiest Minds is on track to become the fastest Indian IT Services company to achieve $ 100 mn in revenue as it progresses towards its goal of becoming a Public company. The operating margin of Happiest Minds … • Mobile & NFC based Inventory Management & Ordering system for a Retailer Strong business momentum continued with the company building a base of 79 customers. This differentiated strategy has enabled us to develop a wonderful customer base and execute transformative projects. • Cloud Application Support for a leading Global Education Services provider • Application migration to a Virtualized Platform for an ICT Infrastructure provider Over the last one quarters, Happiest Minds's revenue has decreased by 0%. 377.50 23.40 (+6.60 %) Place Order. The company had reported a a tax credit of Rs 17.85 crore during the June quarter. • Cloud Application Support for a leading Global Education Services provider For more information, visit https://www.happiestminds.com/en-gb. About Happiest Minds … According to the company's official website, Happiest Minds Technologies Limited is a company which "applies agile methodologies to enable digital transformation for enterprise and technology providers by delivering seamless customer experience, business efficiency and actionable insights." • Reduced revenue leakage using Audit Analytics solution for Airlines One, it clocked Rs 714.2 crore in the 2020 fiscal—falling just short of $100 million annualised run rate. Happiest Minds Tech. Get Happiest Minds Technologies Ltd. latest Quarterly Results, Financial Statements and Happiest Minds Technologies Ltd. detailed profit and loss accounts. The company received $45 million Series-A funding In November 2011. Happiest Minds • Mobile & NFC based Inventory Management & Ordering system for a Retailer Portfolio. [email protected], Gutenberg Communications • Cloud Integration of SaaS & On-premise application for a Hi-tech major In the last quarter ended March 31, the Bangalore-based company co-founded by Ashok Soota who had previously co-founded IT firm Mindtree, had revenue … The investors were JP Morgan Asset Management, Intel Capital and Ashok Soota. • Managed Services for Network and Security for a leading Media Company Company’s repeat revenue (revenue from existing clients) is 90% which implies that there is a satisfaction among the current … Financial Ratios and Elements of Happiest Minds Share Price. Enterprises are embracing these technologies to implement Omni-channel strategies, manage structured & unstructured data and make real time decisions based on actionable insights, while ensuring security for data and infrastructure. Major red flag as its revenues are majorly dependent on political scenario and policies... 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