| Revenue growth | 12% YoY (FY26) |
|---|---|
| Margins | Shifting to high-margin RPO and private sector (62% of revenue). |
| Demand visibility | Strong across FMCG, Logistics, and IT verticals. |
| Management confidence | High, focused on digital transformation and RPO. |
Growth
FY26 Revenue grew 12% to ₹10,916.62 Lakhs from ₹9,741.46 Lakhs in FY25, driven by a 22% surge in private sector revenue.
Outlook
Focus on high-margin RPO, geographical expansion, and international staffing; upcoming attendance and performance analysis services.
Risks
High dependency on top 10 clients (though decreasing); intense competition in staffing and regulatory compliance risks.
Earnings Call filed with NSE, NSE: WHITEFORCE. Summary written with AI assistance from the document.
Happy Square Outsourcing Services Ltd: key numbers
- Share price
- ₹32.50
- Market cap
- ₹37.70 Cr
- Revenue (annual)
- ₹109.2 Cr
- Net profit (annual)
- ₹5.98 Cr
- P/E (TTM)
- 6.3×Sector 46.8×
- Promoter holding
- 60.90%
- FII holding
- 2.98%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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Happy Square Outsourcing Services Limited secured a ₹3.1990 Crore work order from the Department of Defence Research & Development. Execution is scheduled until March 2028.
- Value
- ₹3.20 Cr
- From
- Department of Defence Research & Development, Office of DG (MSS)
- Execution
- 12.10.2026 to 12.03.2028
Happy Square Outsourcing Services Other Announcement
Happy Square Outsourcing Services Limited filed a non-applicability certificate for Corporate Governance Regulation 27. The company is exempt as its securities are listed on the SME Exchange.