| Management target | Revenue FY28 |
|---|
| Margins | Targeting 18.1% adjusted EBITDA margin on combined basis. |
|---|---|
| Order book | Combined access to Fortune 500 and enterprise accounts. |
| Demand visibility | Strong AI-led transformation opportunities identified. |
| Management confidence | High; aiming for $1B revenue scale via merger synergies. |
Growth
Combined FY26 pro-forma revenue is estimated at ₹7,033 Cr with an 18.1% adjusted EBITDA margin.
Outlook
Targeting US$1 billion annual revenue by FY28; synergy focus on AI-led transformation and geographic expansion into Europe.
Risks
Regulatory approvals required from CCI, SEBI, and NCLT; integration risks and 15-month indicative timeline.
Last quarter's promises, checked
Delivered
- FY27 revenue guidance → 12.5% (= BEAT - Current call summary shows pro-forma scaling)
- EBITDA margin expectation 17.5%-18.5% → delivered 21.7% (= BEAT)
- Billion-dollar customers → increased from 91 to 92 (= BEAT)
Partly delivered
- GBS revenue target → 5.5-6% of revenue (= PARTIAL - still below 10% target)
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 Earnings Call Transcript: Key Takeaways
Happiest Minds reported a strong Q1 FY27 with 14.3% YoY revenue growth and 18.3% PAT growth, driven by its AI-first strategy and solid margins.