ALFA Finder| EBITDA Margin: guided vs achieved | 19.75% achieved Guided 17.50%–18.50%, 6.8% above the top of the range; confirmed by management |
|---|---|
| Management target | Revenue 12.5% FY27 |
| Revenue growth | 14.3% YoY in INR terms; 6.7% YoY in CC terms. |
|---|---|
| Margins | Operating margin 17.5%; adjusted for one-offs, it stands at 19.75%. |
| Order book | Land and expand strategy; 94.4% repeat business; TCV not disclosed. |
| Demand visibility | Strong pipeline with larger multi-year deals and increasing AI adoption. |
| Management confidence | High; confident in meeting FY27 guidance despite selective discretionary environment. |
Growth
Revenue grew 4% sequentially (2.6% CC) and 14.3% YoY. Adjusted PAT grew 14.3% YoY to ₹80.5 Cr.
Outlook
Maintained FY27 revenue guidance of 12.5%. Long-term aspiration remains 15% growth for FY28. Focused on $20M accounts.
Risks
Prolonged geopolitical conflicts, inflation, and high AI capex reality checks could dampen sentiment and discretionary spending.
Earnings Call Transcript filed with BSE, NSE: HAPPSTMNDS. 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.