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Earnings Call

Happiest Minds Technologies Earnings Call: Key Takeaways

Happiest Minds reported FY26 revenue of ₹2,315 Cr (up 12.3%) and PAT of ₹213 Cr (up 15%), focusing on an AI-first digital engineering strategy.

Why this was an Alfa AlertNot a filter event. FY26 CC growth of 9.2% was slightly below the 10% guidance.
Highlights
Revenue growth12.3% YoY in INR terms for FY26.
MarginsTargeting 17.5% to 18.5% operating margins for FY27.
Order bookRecord pipeline growth of 27% during Q4.
Demand visibilityStrong momentum in AI-led transformation and modernization programs.
Management confidenceHigh, 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.

Source

Earnings Call filed with BSE, BSE: 543227. Summary written with AI assistance from the document.

Read the document ↗

Happiest Minds Technologies Ltd: key numbers

Share price
₹310.50
Market cap
₹4,728 Cr
Revenue (annual)
₹2,315 Cr
Net profit (annual)
₹212.6 Cr
P/E (TTM)
21.2×Sector 22.1×
Promoter holding
44.21%+0.00% QoQ
FII holding
6.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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18:14 IST BSE
Debt & Borrowing

Happiest Minds Technologies Debt & Borrowing: ₹0.66 Cr

Happiest Minds Technologies made a quarterly interest payment of Rs.0.66 Crore on its listed non-convertible debentures.

Value
₹0.66 Cr
18:12 IST BSE
Debt & Borrowing

Happiest Minds Technologies Debt & Borrowing: ₹35.66 Cr

Happiest Minds Technologies made a total debt payment of ₹35.66 Crore, comprising the principal redemption of ₹35 Crore and interest payment of ₹0.66 Crore.

Value
₹35.66 Cr
17:02 IST BSE
Share Pledge

Happiest Minds Technologies Share Pledge

ITC Infotech India Limited disclosed the creation of a non-disposal undertaking over 1,69,11,471 shares of Happiest Minds Technologies Limited. The encumbrance is pursuant to a share agreement.

21:08 IST BSE
Annual General Meeting

Happiest Minds Technologies Annual General Meeting

Happiest Minds Technologies has issued a postal ballot notice to seek shareholder approval for shifting its registered office from Karnataka to West Bengal.