| Revenue growth | 12.3% YoY in INR terms for FY26. |
|---|---|
| Margins | Targeting 17.5% to 18.5% operating margins for FY27. |
| Order book | Record pipeline growth of 27% during Q4. |
| Demand visibility | Strong momentum in AI-led transformation and modernization programs. |
| Management confidence | High, supported by record 27% Q4 pipeline growth. |
Growth
FY26 constant currency growth was 9.2%. EBITDA margins held within guided 20-22% range.
Outlook
FY27 revenue growth guided at 12.5% (aspirational 15%). Target 100bps improvement in operating margins.
Risks
High attrition at 17% and mixed macroeconomic environment impacting discretionary spending in traditional areas.
Earnings Call filed with BSE, BSE: 543227. Summary written with AI assistance from the document.
Happiest Minds Technologies Ltd: key numbers
- Share price
- ₹317.60
- Market cap
- ₹4,836 Cr
- Revenue (annual)
- ₹2,315 Cr
- Net profit (annual)
- ₹212.6 Cr
- P/E (TTM)
- 20.9×Sector 23.6×
- Promoter holding
- 44.21%+0.00% QoQ
- FII holding
- 6.51%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Happiest Minds Technologies Ltd
All →Happiest Minds Technologies Earnings Call Transcript: Key Takeaways
Q2 revenue of ₹645 Cr (+12.5% YoY INR, +6.8% cc), with margin up 100bps to 18.5%. US stagnation and rising DSO are key concerns; ITC Infotech merger pending.
Happiest Minds Technologies Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹645.4 Cr (+12.5% YoY), PAT ₹62.2 Cr (9.3% margin), adjusted PAT ₹79.1 Cr (+20.7% YoY), EBITDA margin 21.3%. Proposed ITC Infotech merger pending.
Happiest Minds Technologies Results Update
Happiest Minds reported Q2 FY27 revenue of ₹645 Cr, up 12.5% y-o-y, with operating margins up 22.4%. It also declared an interim dividend of ₹3.05 per share with a November 6, 2026 record date.
Happiest Minds Technologies Dividend
Happiest Minds declared an interim dividend of ₹3.05 per equity share for FY2026-27. The record date is November 6, 2026, with payment by November 17, 2026.
Happiest Minds Technologies Q2 FY27 Results: Net Profit ₹62.2 Cr, Up 15.2% YoY
Happiest Minds Technologies Ltd reported revenue from operations of ₹645.4 Cr (+12.5% YoY) and net profit of ₹62.2 Cr (+15.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹62.2 Cr · +15.2% YoY
Happiest Minds Technologies Board Meeting Date
Happiest Minds has scheduled a board meeting on November 2, 2026 to approve unaudited quarterly and half-year financials and consider an interim dividend. This is an advance intimation of a future meeting, with agenda items still proposed.