15th AGM: FY26 revenue up 12.3%, FY27 guidance at 12.5%
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Happiest Minds 15th AGM held July 28, 2026. FY26 revenue rose 12.3% to Rs 2,315 cr; operating profit up 12.3% to Rs 401 cr; adjusted PAT up 9.4% to Rs 278 cr. Operating margin at 17.4% against 17.3%. Final dividend Rs 3.65 per share. FY27 growth guidance 12.5% with aspirational 15% in constant currency. AI First strategy launched Feb 2026; pipeline growth about 27%; AI investments close to 5 million dollars. Shareholders raised share price decline concerns and sought bonus or rights issue; Board deferred both to an appropriate time.
Bonus and rights issue deferred by Board; FY27 guidance 12.5% with AI-led focus; modest margin gain despite weak macro and sector pressure.