Comparison · NSE · data 2026-10-31
Happiest Minds Technologies Ltd. vs IRIS RegTech Solutions Limited
In plain words
Size: Happiest Minds Technologies Ltd. is about 11.2 times the market value of IRIS RegTech Solutions Limited.
Valuation (P/E): Happiest Minds Technologies Ltd. 20.1 vs IRIS RegTech Solutions Limited 3.3.
Return on equity: Happiest Minds Technologies Ltd. 13% vs IRIS RegTech Solutions Limited 10.2%.
Debt to equity: Happiest Minds Technologies Ltd. 0.88 vs IRIS RegTech Solutions Limited 0.01.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HAPPSTMNDS | IRIS | |
|---|---|---|
| Price | ₹297.65 | ₹195.84 |
| Market cap | ₹4,536 cr | ₹404 cr |
| P/E | 20.1 | 3.3 |
| P/B | 2.5 | — |
| ROE | 13.0% | 10.2% |
| ROCE | 14.7% | 6.7% |
| Debt / equity | 0.88 | 0.01 |
| Operating margin | 14.1% | 4.4% |
| Dividend yield | 2.15% | 0.00% |
| Sales growth, 3 years (yearly) | 17.4% | 20.4% |
| Profit growth, 3 years (yearly) | -2.7% | — |
| 1-year return | -43.1% | -36.8% |
| Revenue, last 12 months | ₹2,394 cr | ₹136 cr |
| Net profit, last 12 months | ₹223 cr | ₹125 cr |
| Latest quarter | Jun 2026 | — |
| Quarter net profit | ₹68 cr | — |
| Quarter profit vs a year earlier | +18.3% | — |
| Promoter holding | 44.21% | 34.63% |
| Health check | Average (4.6/10) | Average (5.2/10) |
Common questions
Which has a higher P/E, Happiest Minds Technologies Ltd. or IRIS RegTech Solutions Limited?
Happiest Minds Technologies Ltd. trades at the higher P/E (20.1 against 3.3). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Happiest Minds Technologies Ltd. (13.0% against 10.2%).
Which carries more debt?
Happiest Minds Technologies Ltd. has the higher debt-to-equity ratio (0.88 against 0.01).