Happiest Minds Technologies Limited has informed the Exchange that Board of Directors at its meeting held on May 12, 2025, recommended Final Dividend of 3.5 per equity share.
HAPPSTMNDS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 3.9 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Happiest Minds Technologies' Board, at its May 12, 2025 meeting, recommended a final dividend of Rs 3.50 per equity share (face value Rs 2) for FY25, subject to shareholder approval at the AGM on July 29, 2025. The record date is July 18, 2025, and dividends will be paid on or after August 5, 2025. The Board also approved audited consolidated and standalone financial results for the quarter and year ended March 31, 2025, with an unmodified audit opinion from Deloitte Haskins & Sells. FY25 consolidated revenue from operations grew to Rs 2,06,084 lakhs (up ~27% from Rs 1,62,466 lakhs in FY24), but profit for the year declined to Rs 18,466 lakhs (down ~26% from Rs 24,839 lakhs). Additionally, three independent directors were re-appointed for a second 5-year term, and a new secretarial auditor was appointed for FY26–FY30.
The Rs 3.50 dividend rewards shareholders but the payout is modest relative to the prior year's Rs 8,588 lakhs total dividend outflow, reflecting the sharp 26% drop in FY25 profits. Despite strong revenue growth, falling profitability and rising finance costs (more than doubled to Rs 9,948 lakhs) due to acquisitions may weigh on the stock, though the clean audit opinion and continuity of dividend provide some stability.