Happiest Minds Technologies (NSE:HAPPSTMNDS) Tax Rate %: 25.06% (As of Jun. 2026)

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NSE:HAPPSTMNDS Happiest Minds Technologies Ltd NSE:HAPPSTMNDS
68 GF Score
Price ₹388.10
GF Value ₹931.11
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Happiest Minds Technologies Tax Rate %?

Happiest Minds Technologies NSE:HAPPSTMNDS +1.07% 68 Tax Rate % is 25.06% as of Jun. 2026. GuruFocus rates NSE:HAPPSTMNDS with a GF Score™ of 68/100 and a GF Value™ of ₹931.11 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Happiest Minds Technologies's Tax Expense for the three months ended in Jun. 2026 was ₹226 Mil. Happiest Minds Technologies's Pre-Tax Income for the three months ended in Jun. 2026 was ₹902 Mil. Therefore, Happiest Minds Technologies's Tax Rate % for the quarter that ended in Jun. 2026 was 25.06%.

Happiest Minds Technologies Tax Rate % Related Terms

Happiest Minds Technologies Tax Rate % Historical Data

* Premium members only.

The historical data trend for Happiest Minds Technologies's Tax Rate % 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 Tax Rate % Chart

Happiest Minds Technologies Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 26.30 25.45 25.78 27.71 25.19

Happiest Minds Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.68 25.65 25.65 23.99 25.06
NSE:HAPPSTMNDS
68GF Score
Happiest Minds Technologies Ltd NSE:HAPPSTMNDS
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Happiest Minds Technologies Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Happiest Minds Technologies's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=715.9/2842.1
=25.19 %

Happiest Minds Technologies's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=226/902
=25.06 %

* 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 Tax Rate % →
What does a Tax Rate % of 25.06% mean?
Happiest Minds Technologies (NSE:HAPPSTMNDS) has a Tax Rate % of 25.06% as of Jun. 2026.
Is Happiest Minds Technologies' Tax Rate % too high?
Happiest Minds Technologies' current Tax Rate % is 25.06%. 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' Tax Rate % compare to IBM and ACN?
Happiest Minds Technologies' Tax Rate % of 25.06% 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 Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Happiest Minds Technologies's current Tax Rate % is 25.06%. 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 ₹931.11, compared to a current price of ₹388.10 — trading 58.3% below its estimated fair value. The current Tax Rate % is 25.06%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Happiest Minds Technologies (NSE:HAPPSTMNDS), the current Tax Rate % is 25.06% as of Jun. 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 ₹388.10 is trading 58.3% below its estimated GF Value™ of ₹931.11. GuruFocus considers Happiest Minds Technologies to be Significantly Undervalued.

Key valuation signals for NSE:HAPPSTMNDS:

  • Tax Rate %: 25.06%
  • GF Value™: ₹931.11 vs. price of ₹388.10 (58.3% 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

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹388.10
Price
₹931.11
GF Value