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Happiest Minds Technologies Limited (NSE:HAPPSTMNDS)
India flag India · Delayed Price · Currency is INR
373.00
+7.25 (1.98%)
Jul 24, 2026, 3:29 PM IST

NSE:HAPPSTMNDS Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits
Chart
Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
23,15123,15120,60816,24714,29310,937
Revenue Growth
12.34%12.34%26.85%13.67%30.69%41.41%
Gross Profit
7,4407,4406,8766,0116,1654,699
Operating Income
3,1523,1522,6572,7763,1702,248
Net Income
2,1262,1261,8472,4842,3101,812
Earnings Per Share
14.1114.1112.2616.7316.0112.55
EPS Growth
15.09%15.09%-26.72%4.50%27.57%9.61%

Revenue by Segment
Chart
Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Infrastructure Management & Security Services (IMSS)
3,8913,8913,2832,9753,0692,417
Product and Digital Engineering Service (pdes)
18,47418,47416,96913,272--
Generative Ai Business Services (gbs)
786.6786.6356.2---
Total
23,15123,15120,60916,24714,29310,937

Cash & Debt
Chart
Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
8,9428,9426,68312,3055,3546,222
Total Debt
15,03815,03812,4975,1625,4082,498
Net Cash (Debt)
-6,096-6,096-5,8147,143-54.23,725
Net Cash Growth
-----18.63%
Net Cash Per Share
-40.45-40.45-38.6148.11-0.3825.79

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
2,6142,6142,3642,1262,0721,681
Capital Expenditures
-29.1-29.1-76.6-82.3-1,311-6.7
Free Cash Flow
2,5852,5852,2882,043761.11,675
Free Cash Flow Growth
13.00%13.00%11.96%168.47%-54.55%17.60%

Margins
Chart
Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
32.14%32.14%33.37%37.00%43.13%42.96%
Operating Margin
13.61%13.61%12.89%17.09%22.18%20.55%
Pretax Margin
12.28%12.28%12.40%20.60%21.68%22.48%
Profit Margin
9.18%9.18%8.96%15.29%16.16%16.57%
FCF Margin
11.17%11.17%11.10%12.58%5.33%15.31%

Dividends
Chart
Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Dividend Per Share
6.4006.4006.0005.7505.4003.750
Dividend Per Share Growth
6.67%6.67%4.35%6.48%44.00%25.00%
Dividend Yield
1.72%1.79%1.03%0.79%0.73%0.37%

Valuation
Chart
Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJul '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
26.4025.4848.2644.5347.5582.98
Forward PE
19.8918.8531.6037.6841.6573.51
P/FCF Ratio
21.6620.9638.9654.14144.3289.80
PS Ratio
2.422.344.326.817.6913.75