Happiest Minds Technologies DuPont analysis

Profitability Growth Credit Liquidity Working capital Dividend yield DuPont CAGR

Per cent unless marked ×

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

5-step DuPont — ROE = tax burden × interest burden × EBIT margin × turnover × leverage						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	0.75×	0.75×	0.72×	0.74×	0.75×
	0.88×	0.90×	0.96×	1.21×	0.98×
	14.1%	13.6%	12.9%	17.1%	22.2%
	0.66×	0.66×	0.74×	0.84×	1.03×
	2.15×	2.15×	2.13×	1.52×	1.96×
	13.2%	13.0%	14.1%	19.5%	32.6%
	13.0%	13.0%	12.1%	21.4%	30.7%

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

HAPPSTMNDS₹305.15

Happiest Minds Technologies Ltd.

· Technology

₹ CrorePeersPERSISTENT MPHASIS DATAMATICS CIGNITITEC CAPILLARY MASTEK BBOX AURIONPROMcap ₹4,585 Cr

Profitability Growth Credit Liquidity Working Capital Yield Analysis DuPont

Ratios — % unless marked × 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
5-Step DuPont — ROE = Tax Burden × Interest Burden × EBIT Margin × Turnover × Leverage
Tax Burden (Net Income/Pretax) ×	0.75	0.74	0.72	0.75	0.75
Interest Burden (Pretax/EBIT) ×	0.98	1.21	0.96	0.90	0.88
EBIT Margin %	22.18	17.08	12.89	13.61	14.14
Asset Turnover ×	1.03	0.84	0.74	0.66	0.66
Financial Leverage (Assets/Equity) ×	1.96	1.52	2.13	2.15	2.15
ROE (5-step product, year-end total equity) %	32.56	19.50	14.15	13.01	13.20
ROE (owners' profit / average owners' equity) %	30.70	21.42	12.09	13.03	13.03

No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.