	2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31	TTM Jun 30
	2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31	TTM Jun 30
Period length: Source:	12M PR	12M PR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M IR
Total Revenue	463	590	698	773	1,094	1,429	1,625	2,061	2,315	2,394
Cost of Operating Revenue	25	29	-	25	35	46	64	94	93	-
Gross Profit	438	562	-	749	1,059	1,383	1,561	1,967	2,222	2,394
Gross Margin	94.6	95.1	-	96.8	96.8	96.8	96.1	95.4	96.0	100.0
Total Operating Expenses	502	560	-	605	869	1,112	1,347	1,795	2,000	2,055
Operating Profit	-39	30	-	169	225	317	278	266	315	339
Operating Margin	-8.5	5.1	-	21.8	20.6	22.2	17.1	12.9	13.6	14.1
Financing Income/(Expense) - Net	-3	-13	-8	2	4	-10	42	-13	-42	-101
Profit before Taxes	-23	13	74	186	246	310	335	255	284	298
Income Taxes	-1	-1	2	24	65	79	86	71	72	74
Profit after Tax	-22	14	-	162	181	231	248	185	213	223
PAT Margin	-4.9	2.4	-	21.0	16.6	16.2	15.3	9.0	9.2	9.3
EPS - Basic - ex Extraordinary Items	-1.60	1.01	-	11.75	12.84	16.13	16.73	12.26	14.12	14.82
EPS - Diluted - ex Extraordinary Items	-1.60	1.01	-	11.45	12.55	16.01	16.73	12.26	14.11	14.80
EBIT	-39	30	82	169	225	317	278	266	315	339
EBITDA	-19	55	102	191	258	359	336	354	403	427
EBITDA Margin	-4.0	9.3	14.6	24.8	23.6	25.1	20.7	17.2	17.4	17.8

Balance Sheet

Abridged

Understanding Balance Sheet

Happiest Minds Technologies Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
	2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
Source:	PR	PR	AR	AR	AR	AR	AR	AR	AR
Total Current Assets	278	334	445	745	927	1,073	1,778	2,001	2,076
Long-Term Investments	2	2	4	21	19	84	0	0	200
Property Plant & Equipment - Net	58	42	31	22	55	192	195	211	195
Total Non-Current Assets	109	80	63	177	198	568	470	1,358	1,550
Total Assets	387	414	508	922	1,125	1,641	2,248	3,359	3,625
Total Current Liabilities	429	432	212	279	367	576	567	1,208	1,402
Long Term Debt	58	38	19	49	58	160	150	385	384
Total Non-Current Liabilities	67	48	31	97	92	226	201	577	534
Total Liabilities	496	480	243	376	459	802	768	1,784	1,936
Total Shareholders' Equity	-109	-66	265	546	666	839	1,480	1,575	1,689
Minority Interest	-	-	-	-	-	-	-	-	-
Total Equity	-109	-66	265	546	666	839	1,480	1,575	1,689
Total Liabilities & Equity	387	414	508	922	1,125	1,641	2,248	3,359	3,625

Cash Flow

Abridged

Understanding Cash Flow Statement

Happiest Minds Technologies Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	2018 Mar 31	2019 Mar 31	2020 Mar 31	C 2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
	2018 Mar 31	2019 Mar 31	2020 Mar 31	C 2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31
Period length: Source:	12M PR	12M PR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR
Operating CF bef Changes in Working Cap	-8.76	64.21	105.20	174.00	215.78	253.37	276.14	263.65	271.53
Working Capital - Increase/(Decrease)	9.82	-15.94	7.02	-29.15	-54.97	-62.53	-30.63	-31.94	-34.11
Net CF from Operating Activities	1.06	48.27	116.01	144.85	160.81	190.84	245.51	231.71	237.42
Capital Expenditures - Net	1.97	0.95	1.13	0.97	4.03	139.41	10.26	10.98	6.75
Net CF from Investing Activities	-27.52	-2.08	-77.53	-291.40	-96.92	-355.47	-538.55	-848.73	-188.63
Dividends Paid - Cash - Total	-	-	-	-	68.30	57.15	86.04	85.88	93.91
Stock - Issuance/(Retirement) - Net	4.05	-1.56	-	106.16	1.71	1.47	487.37	1.85	0.47
Debt - LT & ST - Issuance/(Retirement) - Total	32.22	-46.12	-	72.77	2.57	168.87	17.92	688.77	205.94
Net Cash Flow from Financing Activities	36.27	-47.68	-	175.93	-82.63	92.85	402.66	590.73	-52.39
Free Cash Flow to Equity	31.31	1.20	114.88	216.65	159.35	220.30	253.17	909.50	436.61
Free Operating CF net dividend	-1.42	47.24	114.88	143.88	88.38	-5.72	149.17	134.66	136.35
Free Operating CF	-1.42	47.24	114.88	143.88	156.68	51.43	235.21	220.54	230.26

Business Segment Analysis

FY End:

Mar 26

Happiest Minds Technologies Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Revenue / Sales

PDES (79.8%)₹ 1,847.36 CrIMSS (16.8%)₹ 389.09 CrGBS (3.4%)₹ 78.66 Cr

Assets

Other unallocable liabilities (53.2%)₹ 1,927.89 CrPDES (43.3%)₹ 1,568.17 CrIMSS (3.0%)₹ 109.79 CrGBS (0.5%)₹ 19.26 Cr

Regional Segment Analysis

FY End:

Mar 26

Happiest Minds Technologies Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

USA (61.5%)₹ 1,423.86 CrIndia (15.8%)₹ 365.49 CrOthers (15.3%)₹ 353.96 CrUK (7.4%)₹ 171.80 Cr

Historical Segment Analysis

Track how Happiest Minds Technologies Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Sales

Assets

Business

Regional

Business

We don't have enough data to show the Capex for Happiest Minds Technologies Ltd..

Frequently Asked Questions

What is the revenue of Happiest Minds Technologies Ltd.?

The latest trailing twelve month revenue of Happiest Minds Technologies Ltd. is ₹ 2,393.72 Cr, reflecting a 1-year growth of 11.50% and a 3-year CAGR of 17.09%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of Happiest Minds Technologies Ltd.?

The latest trailing twelve month net profit (PAT) of Happiest Minds Technologies Ltd. is ₹ 223.09 Cr, with a 3-year earnings CAGR of -2.72%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of Happiest Minds Technologies Ltd.?

The trailing twelve month EBITDA of Happiest Minds Technologies Ltd. is approximately ₹ 338.50 Cr (based on an operating margin of 14.14%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of Happiest Minds Technologies Ltd.?

The trailing twelve month Earnings Per Share (EPS) of Happiest Minds Technologies Ltd. is 14.80. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of Happiest Minds Technologies Ltd.?

The debt-to-equity ratio of Happiest Minds Technologies Ltd. stands at 0.88. The interest coverage ratio is 3.35x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of Happiest Minds Technologies Ltd.?

The estimated book value per share of Happiest Minds Technologies Ltd. is 112.81 (derived from a P/B ratio of 3.06 and market price of ₹ 345.65), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of Happiest Minds Technologies Ltd.?

The trailing twelve month operating cash flow of Happiest Minds Technologies Ltd. is ₹ 237.42 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does Happiest Minds Technologies Ltd. report consolidated or standalone financials?

Happiest Minds Technologies Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.