Happiest Minds Technologies Limited has informed the Exchange about General Updates
HAPPSTMNDS · price
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Happiest Minds reported Q4 FY26 revenue of ₹60,408 Lakhs, up 10.9% YoY, with full year FY26 revenue of ₹2,31,511 Lakhs growing 12.3% YoY. PAT surged 79.9% YoY in Q4 to ₹6,117 Lakhs, while adjusted PAT rose 21.3% YoY to ₹7,136 Lakhs. Adjusted EPS for Q4 was ₹4.74 and FY26 was ₹18.51. The company expanded its active client base to 306 (from 281) and added 10 more Fortune 2000 clients to reach 91. EBITDA margin declined to 20.3% for FY26 from 21.4% in FY25, and operating margin remained flat at 17.4%. The new Generative AI Business Services unit grew 120.8% YoY. Employee count stood at 6,497 with 27% gender diversity and voluntary attrition at 6.5%.
Solid revenue and profit growth driven by AI-focused services and client additions, though margin contraction from FY25 levels may concern investors focused on profitability. The strong PAT growth in Q4 was partly helped by lower tax outgo.