Happiest Minds Technologies Limited (NSE:HAPPSTMNDS)
India · Delayed Price · Currency is INR 420.20
+25.40 (6.43%)
Aug 14, 2026, 3:30 PM IST
NSE:HAPPSTMNDS Cash Flow Statement
Financials in millions INR. Fiscal year is April - March.
Millions INR. Fiscal year is Apr - Mar.
Operating Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Net Income | 2,126 | 1,847 | 2,484 | 2,310 | 1,812 |
Depreciation & Amortization | 846.7 | 839 | 523.6 | 381.1 | 309.4 |
Other Amortization | 35.2 | 48 | 59.3 | 38 | 19.4 |
Loss (Gain) From Sale of Assets | -2.9 | -1.9 | - | - | -1 |
Loss (Gain) From Sale of Investments | -178.1 | 35.1 | 51.2 | -80.3 | -155.6 |
Stock-Based Compensation | 61.1 | - | 4.7 | 12 | 30 |
Other Operating Activities | 67 | -83.2 | -690.8 | 36.3 | 216.7 |
Change in Accounts Receivable | -260.2 | -211.4 | -453.3 | -346.8 | -452.6 |
Change in Accounts Payable | -122.8 | 93.7 | 82.3 | 75.6 | 148.9 |
Change in Unearned Revenue | 120.7 | 36.9 | 73.7 | -22.5 | 66 |
Change in Other Net Operating Assets | -78.8 | -238.6 | -9 | -331.6 | -312 |
Operating Cash Flow | 2,614 | 2,364 | 2,126 | 2,072 | 1,681 |
Operating Cash Flow Growth | 10.57% | 11.22% | 2.60% | 23.23% | 17.43% |
Investing Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Capital Expenditures | -29.1 | -76.6 | -82.3 | -1,311 | -6.7 |
Sale of Property, Plant & Equipment | 4.1 | 1.9 | 0.4 | - | 1 |
Cash Acquisitions | - | -7,312 | - | -1,099 | - |
Sale (Purchase) of Intangibles | -42.5 | -35.1 | -20.7 | -83.5 | -34.6 |
Investment in Securities | -1,819 | -1,065 | -5,283 | -1,062 | -928.9 |
Other Investing Activities | 673.4 | 865.7 | 721.4 | 44.5 | 8.4 |
Investing Cash Flow | -1,213 | -7,622 | -4,664 | -3,510 | -960.8 |
Financing Activities
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Short-Term Debt Issued | 1,730 | 5,332 | - | 461.7 | 401.2 |
Long-Term Debt Issued | 767.8 | 2,406 | 800 | 1,688 | - |
Total Debt Issued | 2,498 | 7,738 | 800 | 2,150 | 401.2 |
Short-Term Debt Repaid | - | - | -143.9 | - | - |
Long-Term Debt Repaid | -438.3 | -850.6 | -476.9 | -461.3 | -375.5 |
Total Debt Repaid | -438.3 | -850.6 | -620.8 | -461.3 | -375.5 |
Net Debt Issued (Repaid) | 2,059 | 6,888 | 179.2 | 1,689 | 25.7 |
Issuance of Common Stock | 4.7 | 18.5 | 4,874 | 14.7 | 17.1 |
Common Dividends Paid | -939.1 | -858.8 | -860.4 | -571.5 | -683 |
Other Financing Activities | -2,562 | -1,053 | -557.8 | -411.2 | -267.6 |
Financing Cash Flow | -1,437 | 4,995 | 3,635 | 720.7 | -907.8 |
Net Cash Flow
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Foreign Exchange Rate Adjustments | 41.4 | 1.9 | 5.5 | 32.3 | 2 |
Miscellaneous Cash Flow Adjustments | - | 305.2 | -711.9 | 0.6 | - |
Net Cash Flow | 5.4 | 44.2 | 389.8 | -684.9 | -185.4 |
Free Cash Flow
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Free Cash Flow | 2,585 | 2,288 | 2,043 | 761.1 | 1,675 |
Free Cash Flow Growth | 13.00% | 11.96% | 168.47% | -54.55% | 17.60% |
Free Cash Flow Margin | 11.17% | 11.10% | 12.58% | 5.33% | 15.31% |
Free Cash Flow Per Share | 17.16 | 15.19 | 13.76 | 5.28 | 11.60 |
Levered Free Cash Flow | 3,268 | -4,538 | 1,890 | -1,140 | 1,381 |
Unlevered Free Cash Flow | 3,848 | -3,969 | 2,142 | -1,009 | 1,433 |
Additional Metrics
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Cash Interest Paid | 913.3 | 912.8 | 391.9 | 207.8 | 81.5 |
Cash Income Tax Paid | 990.4 | 999.7 | 1,024 | 888.2 | 534.7 |
Change in Working Capital | -341.1 | -319.4 | -306.3 | -625.3 | -549.7 |