Happiest Minds Technologies Limited (BOM:543227)

Revenue by Segment

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017
Infrastructure Management & Security Services (IMSS)	3.89B	3.28B	2.97B	3.07B	2.42B
Infrastructure Management & Security Services (IMSS) Growth	18.51%	10.37%	-3.09%	27.00%	47.18%
Product and Digital Engineering Service (pdes)	18.47B	16.97B	13.27B	-	-
Product and Digital Engineering Service (pdes) Growth	8.87%	27.86%	-	-	-
Generative Ai Business Services (gbs)	786.60M	356.20M	-	-	-
Generative Ai Business Services (gbs) Growth	120.83%	-	-	-	-
Product Engineering Services (PES)	-	-	-	6.92B	5.23B
Product Engineering Services (PES) Growth	-	-	-	32.22%	31.99%
Digital Business Service (DBS)	-	-	-	4.31B	3.29B
Digital Business Service (DBS) Growth	-	-	-	30.96%	54.49%
Total	23.15B	20.61B	16.25B	14.29B	10.94B
Total Growth	12.34%	26.85%	13.67%	30.69%	41.41%

Revenue by Geography

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019	Mar 31, 2018	Mar 31, 2017
USA	13.73B	13.31B	11.43B	9.73B	7.11B
USA Growth	3.12%	16.49%	17.52%	36.70%	25.88%
India	4.07B	3.20B	2.67B	2.30B	2.06B
India Growth	27.20%	20.12%	16.04%	11.60%	96.81%
Europe	1.81B	1.68B	1.48B	1.38B	1.13B
Europe Growth	7.62%	13.75%	6.81%	21.88%	-
Apac	1.67B	-	-	-	-
ROW	1.88B	2.41B	675.80M	888.50M	629.80M
ROW Growth	-22.31%	257.19%	-23.94%	41.08%	129.10%
Total	23.15B	20.61B	16.25B	14.29B	10.94B
Total Growth	12.34%	26.85%	13.67%	30.69%	41.41%

Source: S&P Global Market Intelligence.