Happiest Minds Technologies Limited (NSE:HAPPSTMNDS)
India · Delayed Price · Currency is INR 380.70
-11.85 (-3.02%)
At close: Feb 12, 2026
NSE:HAPPSTMNDS Income Statement
Financials in millions INR. Fiscal year is April - March.
Millions INR. Fiscal year is Apr - Mar.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 | Mar '21 Mar 31, 2021 |
| 22,556 | 20,608 | 16,247 | 14,293 | 10,937 | 7,734 | |
Revenue Growth (YoY) | 16.66% | 26.85% | 13.67% | 30.69% | 41.41% | 10.77% |
Cost of Revenue | 15,236 | 13,732 | 10,236 | 8,128 | 6,238 | 4,558 |
Gross Profit | 7,321 | 6,876 | 6,011 | 6,165 | 4,699 | 3,177 |
Selling, General & Admin | 164.9 | 164.9 | 142.2 | 100.4 | 56.6 | 26.7 |
Other Operating Expenses | 3,224 | 3,008 | 2,457 | 2,476 | 2,066 | 1,240 |
Operating Expenses | 4,440 | 4,219 | 3,235 | 2,996 | 2,451 | 1,494 |
Operating Income | 2,881 | 2,657 | 2,776 | 3,170 | 2,248 | 1,683 |
Interest Expense | -911.1 | -911.1 | -402.2 | -210.2 | -83 | -62.1 |
Interest & Investment Income | 897.5 | 897.5 | 795.8 | 261 | 63.6 | 83.8 |
Currency Exchange Gain (Loss) | -33.8 | -33.8 | 45.9 | -143.3 | 78.6 | 7.9 |
Other Non Operating Income (Expenses) | -56.6 | 24.1 | 10.2 | 6 | 1 | 5.6 |
EBT Excluding Unusual Items | 2,777 | 2,634 | 3,225 | 3,083 | 2,308 | 1,718 |
Merger & Restructuring Charges | 64.3 | - | - | - | - | - |
Gain (Loss) on Sale of Investments | 124.1 | 124.1 | 1.8 | 80.3 | 174.5 | 85.5 |
Gain (Loss) on Sale of Assets | 1.9 | 1.9 | -0.1 | -0.1 | 1 | 8.2 |
Legal Settlements | - | - | - | - | - | 21.2 |
Other Unusual Items | -425.6 | -205.3 | 119.7 | -64.7 | -45.1 | 27.4 |
Pretax Income | 2,541 | 2,555 | 3,347 | 3,099 | 2,459 | 1,860 |
Income Tax Expense | 686.6 | 708 | 862.9 | 788.7 | 646.5 | 235.6 |
Net Income | 1,855 | 1,847 | 2,484 | 2,310 | 1,812 | 1,625 |
Net Income to Common | 1,855 | 1,847 | 2,484 | 2,310 | 1,812 | 1,625 |
Net Income Growth | -16.70% | -25.66% | 7.53% | 27.48% | 11.54% | 126.55% |
Shares Outstanding (Basic) | 151 | 151 | 148 | 143 | 141 | 138 |
Shares Outstanding (Diluted) | 151 | 151 | 148 | 144 | 144 | 142 |
Shares Change (YoY) | 0.19% | 1.41% | 2.92% | -0.10% | 1.78% | 6.13% |
EPS (Basic) | 12.31 | 12.26 | 16.73 | 16.13 | 12.84 | 11.75 |
EPS (Diluted) | 12.30 | 12.26 | 16.73 | 16.01 | 12.55 | 11.45 |
EPS Growth | -16.88% | -26.72% | 4.50% | 27.57% | 9.61% | 113.62% |
Free Cash Flow | - | 2,288 | 2,043 | 761.1 | 1,675 | 1,424 |
Free Cash Flow Per Share | - | 15.19 | 13.76 | 5.28 | 11.60 | 10.04 |
Dividend Per Share | 6.250 | 6.000 | 5.750 | 5.400 | 3.750 | 3.000 |
Dividend Growth | 8.70% | 4.35% | 6.48% | 44.00% | 25.00% | - |
Gross Margin | 32.45% | 33.37% | 37.00% | 43.13% | 42.96% | 41.07% |
Operating Margin | 12.77% | 12.89% | 17.09% | 22.18% | 20.55% | 21.76% |
Profit Margin | 8.22% | 8.96% | 15.29% | 16.16% | 16.57% | 21.01% |
Free Cash Flow Margin | - | 11.10% | 12.58% | 5.33% | 15.31% | 18.41% |
EBITDA | 3,599 | 3,178 | 3,033 | 3,298 | 2,333 | 1,711 |
EBITDA Margin | 15.96% | 15.42% | 18.67% | 23.08% | 21.33% | 22.12% |
D&A For EBITDA | 718.48 | 521 | 257.7 | 128.5 | 84.7 | 28.2 |
EBIT | 2,881 | 2,657 | 2,776 | 3,170 | 2,248 | 1,683 |
EBIT Margin | 12.77% | 12.89% | 17.09% | 22.18% | 20.55% | 21.76% |
Effective Tax Rate | 27.02% | 27.71% | 25.78% | 25.45% | 26.30% | 12.67% |
Revenue as Reported | 23,489 | 21,622 | 17,100 | 14,504 | 11,308 | 7,977 |
Advertising Expenses | - | 101.8 | 87.3 | 65.5 | 28.2 | 10.1 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.