Happiest Minds Technologies Ltd Q4 FY25 Results
HAPPSTMNDSQ4 FY25 ResultsAnnounced 12 May 2025, 11:51 pm| Metric | Value (₹ Cr) | vs Q3 FY25 |
|---|---|---|
| Revenue | 544.57 | 2.6% |
| Total Income | 570.52 | 3.0% |
| Expenditure | 507.98 | 4.8% |
| PBT | 50.38 | 26.9% |
| Net Profit | 34.00 | 32.1% |
| OPM | 13.17% | 13.54pp |
| NPM | 5.96% | 3.09pp |
| EPS | 2.26 | 32.1% |
Happiest Minds Accelerates to 31% Growth in Q4, Reports Revenues of ₹ 545 Crores Driven by Strong Deal Closures
13 May 2025 · 13 May 2025, 09:21 am
Summary
Happiest Minds Technologies Limited, a Born Digital. Born Agile IT solutions company, announced its consolidated results for the Fourth quarter ended March 31, 2025. The company reported revenues of ₹ 545 Crores, driven by strong deal closures. The annual EBITDA stood at ₹ 2,462 Crores with a margin of 21.4%, reflecting consistent operating profitability. The company is well-positioned for strong double-digit organic growth in FY26 and beyond.
Key Highlights
- 1
Happiest Minds reports revenues of ₹ 545 Crores in Q4 FY25, growing 31% YoY
- 2
Annual EBITDA stood at ₹ 2,462 Crores with a margin of 21.4%
- 3
Company is well-positioned for strong double-digit organic growth in FY26 and beyond
- 4
Strategic initiatives and continued commitment of teams have contributed to the growth
- 5
Healthy pipelines of demand indicate no recession-driven slowdown
Management Comments
Ashok Soota
Chairman & Chief Mentor
Happiest Minds continues to show above-industry-leading growth this fiscal year. The ten strategic transformational changes that we rolled out are shaping Happiest Minds’ future. Our strategic initiatives, along with the continued commitment of our teams, have us well- positioned for strong double-digit organic growth in FY26 and beyond. Economists are projecting a slowdown in some of our largest markets; I want to emphasize that we have healthy pipelines of demand and do not see any recession-driven slowdown.
Joseph Anantharaju
Co-Chairman & CEO
The transformative initiatives we have launched over the last year are beginning to yield results and are laying a robust foundation for future growth. Our move to a vertical structure has resulted in accelerated growth in several verticals like Healthcare and BFSI. We continue to see an increase in the share of the Healthcare vertical, which saw large new deals totalling $20 Mn from 4 customers and these are likely to be repeated next year. The two transformations that we initiated around GenAl BU and the independent NN hunting team have seen a good buildup in the pipeline that should result in revenue growth. Our other initiatives around High Potential accounts, GCC and Private Equity pursuit are beginning to take hold and should start yielding results in the ensuing quarters.
Venkatraman Narayanan
MD & CFO
I am extremely happy to report on an annual growth of 26% in constant currency with an EBITDA of 21.4%, the latter, well in line with our guidance. Adjusted for a one-time bad debt and continued investments in Gen Al and Sales teams, Operating margin and EBIDTA continue to be industry leading and comparable to the previous year. PAT and EPS adjusted for acquisition related costs and exceptional item, a reliable measure of performance, continues to remain steady
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