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.
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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.
Q2FY27 revenue ₹759.6 Cr (−0.6% YoY), EBITDA ₹78.8 Cr at 10.4% margin (+45bps QoQ), reported PAT ₹8.9 Cr. TCV ₹400 Cr (+95% QoQ); AI-led revenue ₹30.5 Cr.
Record Q2 FY27: revenue ₹717 Cr (+12% YoY), EBITDA ₹116 Cr (16.2% margin), PAT ₹46 Cr (-17%), pre-Ind AS 116. Network at 86 screens with 35 committed.
Q2 FY27 revenue ₹2,267 Mn (-5.0% YoY), PAT ₹188 Mn (+68.7%), EBITDA margin 13.0%. H1 revenue -6.0%. Value-added and spices scaling; Atta weak.
Q2 FY27 revenue ₹340.1 Cr (+6.0% YoY), EBITDA ₹50.6 Cr (14.9% margin), PAT ₹31.7 Cr (-25.8% YoY). Pens and Creative grew; steel bottles hit by floods.
Q2/H1 FY27 pro forma H1 total income ₹25,501 Mn (+74%), EBITDA ₹3,588 Mn (+50%), PAT ₹2,122 Mn (+33%). Order book ₹1,03,554 Mn.
Q2 FY27 revenue Rs 403.5 Cr (+58.2% YoY), EBITDA Rs 49.2 Cr (12.2% margin), PAT Rs 35.7 Cr (+96.1%). H1 revenue Rs 683.6 Cr (+34.1%). Growth driven by capacity additions.
Q2 revenue rose 32% YoY to ₹277 Cr with 36% EBITDA margin; H1 total income ₹689 Cr. Strategy is ELEVATE 2030, pivoting to a hybrid capital-allocator model.
Q2 FY27 revenue Rs412.6cr (+38.6% YoY), PAT Rs37.9cr (+122.2%), EBITDA margin 14.0%. H1 FY27 revenue Rs846.2cr (+37.1%), highest-ever Q2.
Q2 FY27 revenue flat at Rs320.4 Cr; EBITDA up 15.9% to Rs26.0 Cr (8.1% margin); PAT up 17.4% to Rs17.0 Cr on cost optimisation.
Q2FY27 revenue Rs47.6 Cr (+175% YoY, -15% QoQ), EBITDA margin 4%, PAT Rs1.5 Cr. H1 revenue Rs103.5 Cr, PAT Rs8.2 Cr. Order book Rs137 Cr.
KEC Q2 FY27: revenue Rs 5,468 Cr (-10% YoY), EBITDA margin 5.0% (vs 7.1%), PAT Rs 30 Cr (-82%). Record ~Rs 43,500 Cr order book plus L1; execution hit by Middle East disruption and T&D delays.
Q2 FY27 operating revenue ₹5,511 Mn (+13%), operating EBITDA ₹2,107 Mn (+11%), PAT ₹337 Mn (-47%) on higher D&A. Luxury-focused platform with 1,800+ pipeline keys.
H1 FY27 revenue ₹202.06 Cr (+190%), operating profit ₹23.78 Cr (+160%), PAT ₹13.15 Cr (+191%). Strategy shifts to HT cables and MVCC, backed by capacity expansion.
Q2 FY27: Revenue ₹379 Cr (+33% YoY), EBITDA ₹131 Cr (+32%), PAT ₹69.5 Cr (+23%). Diversified broking, advisory, wealth, insurance and NBFC platform; ₹900 Cr NH Investment infusion received.
Q2 FY27 revenue INR 912.9 Mn (+124% YoY), PAT INR 64.6 Mn (7.1% margin), EBITDA 25.4%, a turnaround from loss. Defence is 72% of revenue.
Q2 FY27 total income ₹1,051 Cr (+59% YoY), PAT ₹82 Cr vs ₹-42 Cr loss; Q2 sales value ₹2,136 Cr (+62%). Pivot to redevelopment and Delhi-NCR expansion.
Q2FY27 consolidated revenue INR 41,087 Mn (+18.5% YoY), EBITDA margin 8.8% (-200 bps YoY), PAT INR 1,525 Mn (-44.8%). Scaling NEB pack and cell capacity.
Q2 FY27 revenue from operations ₹19,442mn (-6% YoY), PBT before exceptionals ₹848mn (+1%), PAT ₹536mn (-24%). Financial Services and Leisure grew; Travel and DEI fell. Sterling demerger in progress.
H1 FY27 revenue fell about 19.5% to ₹30.97 Cr, blamed on timing and US tariff fears, yet FY27 is reiterated at FY26-level growth. EBITDA margin slipped to 17% from 19.5%.
Q2FY27 consolidated income Rs301.6 Cr (+25.9% YoY), PAT Rs31.3 Cr (+7.9%). Bromine revenue +76%, bromine derivatives +81%. Strategy centres on SiC semiconductor fab and zinc-bromide batteries.
Q2 FY27 revenue ₹373 Cr (+5%), EBITDA ₹80 Cr (21% margin, +12%), PAT ₹54 Cr (+15%). H1 PAT ₹94 Cr (+19%). Vision 2028 targets ₹1,500 Cr revenue.
Q2 FY27 revenue INR 1,412 Mn (-1.5% YoY); EBITDA loss narrowed to INR 23 Mn; PAT loss INR 75 Mn. Digital growth offset traditional decline.
Revenue rose 58% and PAT 87%, but EBITDA margin fell to 6.2% from 7.1%. Management hedged on margins, and unbilled revenue rose to ₹632 Cr on delayed government certification.
Q2 FY27 standalone total income Rs 828.68 Cr (+41.97% YoY) and PAT Rs 31.12 Cr (+72.59%, aided by lower tax rate). EBITDA margin compressed to 9.65% from 10.70%.
Q2/H1 FY27 consolidated revenue ₹2,077 Cr (+22%), EBITDA ₹200 Cr (+23%, 9.6% margin), PAT ₹109 Cr. Q2 EBITDA flat as input-cost inflation compressed gross margin.
Q2 FY27 net revenue ₹1,731 cr (+8.4% YoY), EBITDA margin 9.5%, PAT ₹94 cr vs loss; H1 PAT ₹97 cr; net debt cut to ₹157 cr.
Q2 FY27 revenue ₹667.8 Cr (+17.6%), EBITDA ₹82.8 Cr (12.4% margin), PAT ₹38.3 Cr (-37%) after ₹10.4 Cr flood loss. H1 revenue +18.4% to ₹1,338.3 Cr. Growth is volume-led.
H1 FY27 revenue ₹36.69 Cr (+77.5% YoY), EBITDA ₹7.45 Cr at 20.3% margin, PAT ₹4.38 Cr. Pivot from contract moulder to engineering partner for global OEMs.
H1 revenue grew about 80% YoY on a strong order book, but working capital is stretched and management declined to revise the FY27 outlook. Narrative is far more confident than the disclosed numbers.