| Revenue growth | 14.3% YoY |
|---|---|
| Margins | EBITDA margin at 21.7% vs 21.4% YoY |
| Order book | Recent multi-million dollar Managed Security deal |
| Demand visibility | 306 active customers; 94.4% repeat business |
| Management confidence | High on AI-native delivery |
Growth
Revenue grew 14.3% YoY and 4.0% QoQ. PAT increased 18.3% YoY to ₹6,760 Lakhs.
Outlook
Focusing on 'Agentic AI' leadership and expansion in BFSI and Healthcare verticals. DSO stands at 92 days.
Risks
Voluntary attrition remains at 15.4%; high reliance on the USA market (56.9% of revenue).
Last quarter's promises, checked
Delivered
- Guided EBITDA 20-22% → delivered 21.7% (= BEAT)
- Guided 12.5% revenue growth → delivered 14.3% (= BEAT)
- Target 1,000 AI team by FY27 → delivered 75% talent GenAI-enabled (= BEAT)
Partly delivered
- Target DSO reduction from 94 days → delivered 92 days (= PARTIAL)
Missed
- Target 100bps margin improvement (17.5-18.5%) → delivered 17.5% (= MISS)
Investor Presentation filed with BSE, NSE: HAPPSTMNDS. Summary written with AI assistance from 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.
More from Happiest Minds Technologies Ltd
All →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
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
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.
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.
Happiest Minds Technologies Earnings Call Transcript: Key Takeaways
Happiest Minds reported Q1 FY27 revenue of ₹629 Cr, up 14.3% YoY. The company is executing an AI-first strategy, maintaining a healthy 21.7% EBITDA margin despite one-off impacts and currency losses.
- Call
- Guides 12% growth
Happiest Minds Technologies Investor Presentation: Key Takeaways
Happiest Minds announced a strategic merger with ITC Infotech to create India’s 11th largest listed IT services player, targeting $1 billion revenue by FY28.