HAPPSTMNDS vs INNOVANA: Stock Comparison
HAPPIEST MINDS TECHNO is the larger company by market capitalisation. HAPPIEST MINDS TECHNO shows a higher ROE and a higher dividend yield, while INNOVANA THINKLABS shows a lower P/E, faster revenue growth and lower leverage. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
HAPPSTMNDS leads 4; INNOVANA leads 7 of 13
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | HAPPSTMNDS | INNOVANA |
|---|---|---|
| Sector | Information Technology | Information Technology |
| Industry | Computers - Software & Consulting | Computers - Software & Consulting |
Price
| Metric | HAPPSTMNDS | INNOVANA |
|---|---|---|
| Live Price | ₹324.2 | ₹304.2 |
| Day Change | 1.2% | -0.72% |
| Volume | 11.08 L | 24,192 |
| 52-Week High | ₹531 | ₹524.95 |
| 52-Week Low | ₹299 | ₹278.35 |
| Distance from 52W High | -38.95% | -42.05% |
Valuation
| Metric | HAPPSTMNDS | INNOVANA |
|---|---|---|
| Market Cap | ₹4,893 Cr | ₹635 Cr |
| P/E Ratio | 21.9x | 21.09x |
| P/B Ratio | 2.89x | 2.39x |
| EPS | ₹4.44 | ₹2.72 |
| Book Value | ₹110.95 | ₹135.21 |
| Dividend Yield | 1.97% | 0% |
Growth
| Metric | HAPPSTMNDS | INNOVANA |
|---|---|---|
| Revenue Growth (TTM YoY) | 10.9% | 22.6% |
| EPS Growth (TTM YoY) | 79.9% | -84.3% |
| Qtr Sales Growth | 0% | 0% |
| Qtr Profit Growth | 0% | 0% |
Profitability & Leverage
| Metric | HAPPSTMNDS | INNOVANA |
|---|---|---|
| ROE | 13.69% | 13.1% |
| ROCE | 10.25% | 13.02% |
| Net Margin | 8.42% | 28.39% |
| Operating Margin | 21% | 36.62% |
| Debt to Equity | 0.83x | 0.03x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | HAPPSTMNDS | INNOVANA |
|---|---|---|
| Promoter Holding | 44.21% | 72.65% |
| FII Holding | 6%▲ 0.06 pp | 1.04%▼ 0.14 pp |
| DII Holding | 5.66%▼ 3.33 pp | 1.52%▲ 0.43 pp |
| Public Holding | 42.89%▲ 3.36 pp | 24.79%▼ 0.29 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: HAPPIEST MINDS TECHNO and INNOVANA THINKLABS.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

