ICICI Direct: Happiest Minds Technologies - Strong Brand In Digital IT Services 
People working on laptop computers. (Photographer: Sarah Blesener/Bloomberg)

ICICI Direct: Happiest Minds Technologies - Strong Brand In Digital IT Services 


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ICICI Direct Report

Happiest Minds Technologies Ltd. focuses on delivering a seamless digital experience to its customers.

The company’s offerings include, among others, digital business, product engineering, infrastructure management and security services.

The company’s capabilities include giving end-to-end solution in the digital space.

Happiest Minds Technologies has repeat business from its customer base, which includes more than 35 Fortune 2,000/Forbes 200/billion dollar corporations.

The company’s broad range of offerings helps to up-sell while multiple business units (BUs) help it to cross-sell to existing customers as well as to acquire new customers.

Its average revenue per customer has increased from $471,472 in FY18, to $501,562 in FY19 to $614,675 in FY20.

The company’s total income and Ebitda has grown at a compound annual growth rate of 20.8% and 285.3%, respectively between FY18 and FY20.

Click on the attachment to read the full report:

ICICI Direct Happiest Minds IPO Review.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

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