| Revenue growth | +12.5% YoY INR; +6.8% constant currency; +2.7% QoQ. |
|---|---|
| Margins | Operating margin 18.5%, up 100bps QoQ; utilization and IP mix driven. |
| Demand visibility | Selective enterprise spending; AI, modernization, data, cybersecurity opportunities. |
| Management confidence | Balanced; upbeat on AI, acknowledges mixed macro. |
Growth
Revenue ₹645 Cr, +12.5% YoY (INR), +6.8% constant currency; operating profit +22.4% YoY.
Outlook
Combined ITC Infotech entity targets US$1B annual revenue by FY28; merger targeted around Oct–Nov 2027.
Risks
US geo flat (+0.9% QoQ), EdTech drag, DSO up to 101 days, merger approvals pending.
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 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.
Happiest Minds Technologies Other Announcement
Happiest Minds Technologies filed its quarterly compliance certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018, confirming no dematerialization requests were processed.