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HAPPSTMNDS vs INNOVANA: Stock Comparison

HAPPIEST MINDS TECHNO vs INNOVANA THINKLABSUpdated 14 Oct 26, 3:52 PM ISTNSE & company filings

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

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

HAPPSTMNDSINNOVANA

Valuation lens

What price are you paying?

Market CapContext only
₹4,893 Cr
₹635 Cr
P/E RatioINNOVANA has the lower reading
21.9x
21.09x ✓
P/B RatioINNOVANA has the lower reading
2.89x
2.39x ✓
EPSHAPPSTMNDS has the higher reading
₹4.44 ✓
₹2.72
Book ValueContext only
₹110.95
₹135.21
Dividend YieldHAPPSTMNDS has the higher reading
1.97% ✓
0%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
HAPPSTMNDS is the larger company
₹4,893 Cr vs ₹635 Cr
P/E Ratio
INNOVANA has a lower P/E
21.09x vs 21.9x
P/B Ratio
INNOVANA has a lower P/B
2.39x vs 2.89x
EPS
HAPPSTMNDS has higher earnings per share
₹4.44 vs ₹2.72
Dividend Yield
HAPPSTMNDS has a higher dividend yield
1.97% vs 0%
Revenue Growth (TTM YoY)
INNOVANA has faster revenue growth
22.6% vs 10.9%
EPS Growth (TTM YoY)
HAPPSTMNDS has faster EPS growth
79.9% vs -84.3%
ROE
HAPPSTMNDS has a higher ROE
13.69% vs 13.1%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricHAPPSTMNDSINNOVANA
SectorInformation TechnologyInformation Technology
IndustryComputers - Software & ConsultingComputers - Software & Consulting

Price

MetricHAPPSTMNDSINNOVANA
Live Price₹324.2₹304.2
Day Change1.2%-0.72%
Volume11.08 L24,192
52-Week High₹531₹524.95
52-Week Low₹299₹278.35
Distance from 52W High-38.95%-42.05%

Valuation

MetricHAPPSTMNDSINNOVANA
Market Cap₹4,893 Cr₹635 Cr
P/E Ratio21.9x21.09x
P/B Ratio2.89x2.39x
EPS₹4.44₹2.72
Book Value₹110.95₹135.21
Dividend Yield1.97%0%

Growth

MetricHAPPSTMNDSINNOVANA
Revenue Growth (TTM YoY)10.9%22.6%
EPS Growth (TTM YoY)79.9%-84.3%
Qtr Sales Growth0%0%
Qtr Profit Growth0%0%

Profitability & Leverage

MetricHAPPSTMNDSINNOVANA
ROE13.69%13.1%
ROCE10.25%13.02%
Net Margin8.42%28.39%
Operating Margin21%36.62%
Debt to Equity0.83x0.03x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricHAPPSTMNDSINNOVANA
Promoter Holding44.21%72.65%
FII Holding6%▲ 0.06 pp1.04%▼ 0.14 pp
DII Holding5.66%▼ 3.33 pp1.52%▲ 0.43 pp
Public Holding42.89%▲ 3.36 pp24.79%▼ 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.

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.