Happiest Minds Technologies Ltd
Earnings Presentation on the Financial Results of Q1 for FY''27
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 27 Jul 2026, 08:22 PM IST · BSE ID: 4458fa19-c63a-4ca2-9939-4df9760f9a7a
View Original BSE Filing (PDF)
💡
In Simple Terms
Happiest Minds released a presentation detailing its financial results for the first quarter of fiscal year 2027.
🤖 AI Summary
- Happiest Minds Technologies filed its Earnings Presentation for Q1 FY27 financial results on July 27, 2026.
- Revenues for Q1 FY27 were ₹62,851 lakhs, increasing 14.3% compared to Q1 FY26.
- Net Profit After Tax (PAT) for Q1 FY27 stood at ₹6,760 lakhs, an 18.3% rise from Q1 FY26.
- EBITDA for the quarter was ₹14,129 lakhs, showing a 13.9% growth over Q1 FY26.
- Adjusted EPS for Q1 FY27 was ₹5.34, up from ₹4.56 in Q1 FY26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenues
62,851 ₹ Lakhs
14.3%
Total Income
65,220 ₹ Lakhs
12.5%
EBITDA
14,129 ₹ Lakhs
13.9%
Adjusted PAT
8,052 ₹ Lakhs
14.7%
🏢 How This Affects the Company
The company reported sustained revenue growth with a 94.4% repeat business rate, indicating client retention and stable service demand. Key business units PDES, IMSS, and GBS contributed to overall revenue.
Happiest Minds demonstrated improved profitability with Net Profit After Tax up 18.3% YoY to ₹6,760 lakhs and EBITDA up 13.9% YoY to ₹14,129 lakhs. Adjusted EPS increased to ₹5.34 for the quarter.
The company maintained high utilization at 80.7% in Q1 FY27, indicating efficient use of its 6,532 'Happiest People'. Agile methodologies constituted 91.6% of revenue, showcasing efficient project delivery.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders based on this earnings presentation.
👤
Who Is Affected
All shareholders are affected as the company's financial performance impacts the underlying value of their holdings. Over 700,000 shareholders are impacted by these Q1 FY27 results.
🔍
Management Signal
The presentation highlights management's focus on 'AI First' strategy, client satisfaction, and operational efficiency, as evidenced by consistent growth and high repeat business.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check revenue and profit growth trends.
Analyst/Investor call on July 28, 2026 — for further management commentary.
New client additions and growth in $1M+ customer count.
LOW RISK
The filing reports strong financial performance with consistent growth, indicating stable business operations.
💡 Investor Takeaway
Happiest Minds Technologies reported Q1 FY27 revenues of ₹62,851 lakhs, up 14.3% YoY. Net Profit After Tax increased 18.3% YoY to ₹6,760 lakhs, with EBITDA at ₹14,129 lakhs, an increase of 13.9% YoY. Adjusted EPS stood at ₹5.34.
⚖️ Strengths & Concerns
✅ Positives
- Revenue for Q1 FY27 increased by 14.3% YoY to ₹62,851 lakhs, demonstrating consistent top-line growth.
- Net Profit After Tax (PAT) grew by 18.3% YoY to ₹6,760 lakhs, indicating enhanced profitability.
⚠️ Concerns
- Voluntary attrition remained at 13.0% (TTM) in Q1 FY27, highlighting a continued challenge in employee retention.
- The 'Others' segment in verticals decreased from 0.8% in Q4 FY26 to 0.4% in Q1 FY27, reflecting reduced diversification in this small segment.
📅 Company Track Record
Happiest Minds Technologies completed 15 years in March 2026 and was listed via IPO in September 2020. Prior filings indicated Q1 FY27 revenue up 14.3% YoY to ₹62,851 lakhs and net profit up 18.33% to Rs. 6,760 lakhs, building on Q4 FY26 PAT increase of 79.9% YoY to ₹6,117 lakhs.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Happiest Minds Technologies' revenue for Q1 FY27?
Happiest Minds Technologies reported revenues of ₹62,851 lakhs for the quarter ended June 30, 2026 (Q1 FY27).
How much did Happiest Minds Technologies' net profit increase in Q1 FY27?
Happiest Minds Technologies' Net Profit After Tax (PAT) increased by 18.3% to ₹6,760 lakhs in Q1 FY27 compared to Q1 FY26.
What was the EBITDA for Happiest Minds Technologies in Q1 FY27?
The EBITDA for Happiest Minds Technologies in Q1 FY27 was ₹14,129 lakhs, reflecting a 13.9% increase from Q1 FY26.
What was Happiest Minds Technologies' Adjusted EPS in Q1 FY27?
Happiest Minds Technologies reported an Adjusted EPS of ₹5.34 for Q1 FY27, up from ₹4.56 in Q1 FY26.
What was the total number of active clients for Happiest Minds in Q1 FY27?
Happiest Minds reported 306 active clients in Q1 FY27, which is consistent with the numbers from Q4 FY26.
Questions based on this BSE filing only. For information purposes.