HAPPIEST MINDS TECHNO LTD (HAPPSTMNDS)

NSE: ₹365.25
BSE: ₹365.10
Stock Performance
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Quarterly Financials

Consolidated Standalone
Particulars Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Revenue from Operations 390.87 406.62 409.88 417.29 463.82 521.64 530.81 544.57 549.90 573.57 587.56 604.08
YOY Revenue Growth % 18.83% 14.38% 11.72% 10.4% 18.66% 28.29% 29.5% 30.5% 18.56% 9.96% 10.69% 10.93%
Other Income 13.66 22.21 24.29 25.21 25.44 27.03 22.96 25.95 30.03 21.61 15.72 17.61
Total Income 404.53 428.83 434.17 442.50 489.26 548.67 553.77 570.52 579.93 595.18 603.28 621.69
Total Expenses + 325.85 349.71 354.51 359.30 420.85 480.95 484.83 507.98 503.06 522.52 527.05 544.65
Cost of Materials Consumed 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Employee Benefit Expense 235.43 255.10 261.39 262.77 299.86 350.55 355.77 359.16 375.45 389.01 392.05 404.44
Other Expenses 66.11 68.91 67.59 71.51 79.12 79.29 81.14 101.53 80.43 85.91 88.41 96.04
Operating Profit 65.02 56.91 55.37 57.99 42.97 40.69 45.98 36.59 46.84 51.05 60.51 59.43
OPM % 16.6% 14% 13.5% 13.9% 9.3% 7.8% 8.7% 6.7% 8.5% 8.9% 10.3% 9.8%
Profit Before Tax + 78.68 79.12 80.73 96.15 68.41 67.72 68.94 50.38 76.87 72.66 54.20 80.48
Tax Expense 20.35 20.66 21.11 24.17 17.38 18.20 18.84 16.38 19.74 18.64 13.90 19.31
Tax % 25.9% 26.1% 26.1% 25.1% 25.4% 26.9% 27.3% 32.5% 25.7% 25.7% 25.6% 24%
Profit After Tax 58.33 58.46 59.62 71.98 51.03 49.52 50.10 34.00 57.13 54.02 40.30 61.17
EPS (Basic) 4.04 3.92 3.98 4.79 3.39 3.29 3.33 2.26 3.79 3.59 2.68 4.06

Yearly Financial Results

Consolidated Standalone
Particulars Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021
Revenue from Operations 2,315.11 2,060.84 1,624.66 1,429.29 1,093.65 773.41
YOY Revenue Growth % 12.34% 26.85% 13.67% 30.69% 41.41% -
Other Income 84.97 101.38 85.37 21.11 37.10 24.24
Total Income 2,400.08 2,162.22 1,710.03 1,450.40 1,130.75 797.65
Total Expenses + 2,097.28 1,894.60 1,389.37 1,134.20 878.81 611.63
Employee Benefit Expense 1,560.95 1,365.34 1,014.69 806.81 620.00 452.38
Other Expenses 350.78 341.08 274.12 263.62 215.98 129.54
Operating Profit 217.83 166.24 235.29 295.09 214.84 161.78
OPM % 9.4% 8.1% 14.5% 20.6% 19.6% 20.9%
Profit Before Exceptional 302.80 267.62 320.66 316.20 251.94 186.02
Exceptional Items -18.59 -12.16 14.02 -6.34 -6.09 0.00
Profit Before Tax + 284.21 255.46 334.68 309.86 245.85 186.02
Tax Expense 71.59 70.80 86.29 78.87 64.65 23.56
Tax % 25.2% 27.7% 25.8% 25.5% 26.3% 12.7%
Profit After Tax 212.62 184.66 248.39 230.99 181.20 162.46
EPS (Basic) 14.12 12.26 16.73 16.13 12.84 11.75

Balance Sheet

Particulars Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021
ASSETS
Non-Current Assets + 1,549.56 1,358.11 470.02 567.85 197.62 177.42
Property, Plant & Equipment 134.76 210.54 137.78 190.64 54.68 22.19
Capital Work in Progress 0.00 0.00 0.09 1.85 0.00 0.14
Non-Current Investments 0.00 0.00 0.00 12.96 7.62 0.00
Goodwill 777.28 762.30 140.32 139.13 78.96 76.44
Other Intangible Assets 199.39 238.31 134.84 101.82 23.96 29.66
Current Assets + 2,075.55 2,000.95 1,777.77 1,072.98 927.39 744.53
Inventories 0.00 0.00 0.00 0.00 0.00 0.00
Trade Receivables 390.27 358.13 254.44 213.19 167.38 121.92
Cash and Cash Equivalents 119.66 119.12 114.70 69.99 67.29 85.83
Current Investments 503.52 350.39 0.00 0.00 464.00 391.48
LIABILITIES & EQUITY
Total Equity 1,689.49 1,574.57 1,480.24 838.82 665.80 545.99
Equity Share Capital 30.05 30.01 29.87 28.66 28.54 28.37
Other Equity 1,659.44 1,544.56 1,450.37 810.16 637.26 517.62
Non-Current Liabilities 533.83 576.58 200.57 225.61 92.20 97.17
Current Liabilities 1,401.79 1,207.91 566.98 576.40 367.01 278.79
Total Liabilities 1,935.62 1,784.49 767.55 802.01 459.21 375.96

Cash Flow Statement

Particulars Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021
Cash from Operating Activities 261.41 236.42 212.56 207.17 168.12 143.65
Cash from Investing Activities -121.29 -762.16 -466.41 -350.96 -96.08 -270.65
Cash from Financing Activities -143.72 499.46 363.47 72.07 -90.78 169.36
Net Increase/Decrease in Cash 0.54 -26.09 110.17 -68.49 -18.54 42.30