Happy Square Outsourcing Services Limited (NSE:WHITEFORCE)

NSE:WHITEFORCE Statistics

Total Valuation

NSE:WHITEFORCE has a market cap or net worth of INR 615.98 million. The enterprise value is 631.42 million.

Market Cap	615.98M
Enterprise Value	631.42M

Important Dates

The last earnings date was Thursday, November 13, 2025.

Earnings Date	Nov 13, 2025
Ex-Dividend Date	n/a

Share Statistics

NSE:WHITEFORCE has 11.60 million shares outstanding. The number of shares has increased by 18.77% in one year.

Current Share Class	11.60M
Shares Outstanding	11.60M
Shares Change (YoY)	+18.77%
Shares Change (QoQ)	n/a
Owned by Insiders (%)	72.50%
Owned by Institutions (%)	n/a
Float	3.19M

Valuation Ratios

The trailing PE ratio is 10.44.

PE Ratio	10.44
Forward PE	n/a
PS Ratio	0.67
PB Ratio	1.63
P/TBV Ratio	1.74
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	12.42
EV / Sales	0.68
EV / EBITDA	8.07
EV / EBIT	8.52
EV / FCF	n/a

Financial Position

The company has a current ratio of 3.42, with a Debt / Equity ratio of 0.20.

Current Ratio	3.42
Quick Ratio	2.19
Debt / Equity	0.20
Debt / EBITDA	0.98
Debt / FCF	n/a
Interest Coverage	7.38

Financial Efficiency

Return on Equity (ROE)	n/a
Return on Assets (ROA)	n/a
Return on Invested Capital (ROIC)	15.10%
Return on Capital Employed (ROCE)	18.36%
Weighted Average Cost of Capital (WACC)	n/a
Revenue Per Employee	28.83M
Profits Per Employee	1.59M
Employee Count	32
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, NSE:WHITEFORCE has paid 12.45 million in taxes.

Income Tax	12.45M
Effective Tax Rate	19.68%

Stock Price Statistics

Beta (5Y)	n/a
52-Week Price Change	n/a
50-Day Moving Average	69.19
200-Day Moving Average	n/a
Relative Strength Index (RSI)	29.99
Average Volume (20 Days)	10,480

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, NSE:WHITEFORCE had revenue of INR 922.58 million and earned 50.83 million in profits. Earnings per share was 5.09.

Revenue	922.58M
Gross Profit	89.51M
Operating Income	74.07M
Pretax Income	63.28M
Net Income	50.83M
EBITDA	78.22M
EBIT	74.07M
Earnings Per Share (EPS)	5.09

Balance Sheet

The company has 60.93 million in cash and 76.36 million in debt, with a net cash position of -15.44 million or -1.33 per share.

Cash & Cash Equivalents	60.93M
Total Debt	76.36M
Net Cash	-15.44M
Net Cash Per Share	-1.33
Equity (Book Value)	378.68M
Book Value Per Share	32.75
Working Capital	349.70M

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 9.70%, with operating and profit margins of 8.03% and 5.51%.

Gross Margin	9.70%
Operating Margin	8.03%
Pretax Margin	6.86%
Profit Margin	5.51%
EBITDA Margin	8.48%
EBIT Margin	8.03%
FCF Margin	n/a

Dividends & Yields

NSE:WHITEFORCE does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-18.77%
Shareholder Yield	-18.77%
Earnings Yield	8.25%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

NSE:WHITEFORCE has an Altman Z-Score of 6.86 and a Piotroski F-Score of 4.

Altman Z-Score	6.86
Piotroski F-Score	4