Happiest Minds Technologies (NSE:HAPPSTMNDS) Research & Development: ₹0 Mil (TTM As of Mar. 2026)


NSE:HAPPSTMNDS Happiest Minds Technologies Ltd NSE:HAPPSTMNDS
68 GF Score
Price ₹342.45
GF Value ₹1,001.26
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Happiest Minds Technologies Research & Development?

Happiest Minds Technologies NSE:HAPPSTMNDS -1.07% 68 Research & Development is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:HAPPSTMNDS with a GF Score™ of 68/100 and a GF Value™ of ₹1,001.26 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Happiest Minds Technologies's Research & Development for the three months ended in Mar. 2026 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.

Happiest Minds Technologies  (NSE:HAPPSTMNDS) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Happiest Minds Technologies Research & Development Related Terms

Happiest Minds Technologies Research & Development Historical Data

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The historical data trend for Happiest Minds Technologies's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Happiest Minds Technologies Research & Development Chart

Happiest Minds Technologies Annual Data
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Happiest Minds Technologies Quarterly Data
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NSE:HAPPSTMNDS
68GF Score
Happiest Minds Technologies Ltd NSE:HAPPSTMNDS
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Happiest Minds Technologies Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ₹0 Mil mean?
Happiest Minds Technologies (NSE:HAPPSTMNDS) has a Research & Development of ₹0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Happiest Minds Technologies and its competitors.
Is Happiest Minds Technologies' Research & Development too high?
Happiest Minds Technologies' current Research & Development is ₹0 Mil. Overall, Happiest Minds Technologies has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Happiest Minds Technologies' Research & Development compare to IBM and ACN?
Happiest Minds Technologies' Research & Development of ₹0 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Happiest Minds Technologies and its competitors. Happiest Minds Technologies's current Research & Development is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happiest Minds Technologies stock overvalued right now?
Based on GuruFocus' analysis, Happiest Minds Technologies (NSE:HAPPSTMNDS) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,001.26, compared to a current price of ₹342.45 — trading 65.8% below its estimated fair value. The current Research & Development is ₹0 Mil. Happiest Minds Technologies' overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Happiest Minds Technologies (NSE:HAPPSTMNDS), the current Research & Development is ₹0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Happiest Minds Technologies (NSE:HAPPSTMNDS) Overvalued in 2026?

Based on GuruFocus' analysis, Happiest Minds Technologies stock appears to be undervalued. The current stock price of ₹342.45 is trading 65.8% below its estimated GF Value™ of ₹1,001.26. GuruFocus considers Happiest Minds Technologies to be Significantly Undervalued.

Key valuation signals for NSE:HAPPSTMNDS:

  • Research & Development: ₹0 Mil
  • GF Value™: ₹1,001.26 vs. price of ₹342.45 (65.8% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the NSE:HAPPSTMNDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Happiest Minds Technologies Business Description

Other Exchanges 543227:India
Address No 53/1-4, Hosur Main Road, Madivala (Next To Madivala Police Station), Bengaluru, KA, IND, 560068
Happiest Minds Technologies Ltd is an information technology (IT) company intended to deliver seamless customer experiences, business efficiency, and actionable insights to users. The company leverages a spectrum of disruptive technologies like artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, and more, enabling users in industry sectors like automotive, banking, financial services and insurance (BFSI), consumer packaged goods, e-commerce, edutech, engineering research and development (R&D), hi-tech, manufacturing, retail, and travel/transportation/hospitality to undergo digital transformation. Geographically, the company generates its key revenue from the United States of America.
68GF Score

Get the complete analysis for NSE:HAPPSTMNDS

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹342.45
Price
₹1,001.26
GF Value