Happiest Minds Technologies Ltd — earnings calls

At the 15th AGM, management reported FY26 revenue of ₹2,315 crores, up 12.3%, with operating profit of ₹401 crores and adjusted PAT of ₹278 crores growing 9.4%. Management described a strategic shift to an AI-led approach, including a 12-program initiative called AI First, Agile Always and a new Enterprise AI Platform. Management also issued FY27 revenue growth guidance of 12.5% with an aspirational target of 15% on a constant currency basis, and fielded shareholder questions on share price performance, R&D spend, diversity, AI investment, and CSR proposals.

Happiest Minds reported FY26 revenue of over INR2,315 crores, up 12.3% year-on-year in rupee terms and 9.2% in constant currency, with EBITDA margins staying within the guided 20% to 22% range. The company ended the year with 306 active customers, up from prior levels with 51 additions, and reported Q4 pipeline growth of 27%. Management reconfirmed FY27 growth guidance of 12.5% in constant currency and outlined plans for margin improvement and expanded AI-led offerings including a newly launched enterprise AI platform.