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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Happiest Minds Technologies
Happiest Minds Technologies (HAPPSTMNDS) investor relations material
Happiest Minds Technologies Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary3 Nov, 2026
Executive summary
Q2 FY27 revenue was ₹64,543 lakh, up 12.5% YoY; operating margin reached 18.5% and adjusted PAT rose 20.7% to ₹7,911 lakh.
AI-led delivery, strategic client wins and the proposed ITC Infotech combination, targeting US$1 billion revenue by FY28, anchor growth plans.
Financial highlights
Q2 revenue rose 2.7% QoQ and 12.5% YoY; H1 revenue was ₹1,27,394 lakh, up 13.4% YoY.
Q2 EBITDA was ₹14,204 lakh, up 18.1% YoY, with a 21.3% margin versus 20.2% a year earlier.
Q2 PAT was ₹6,219 lakh, up 15.1% YoY; adjusted PAT was ₹7,911 lakh, up 20.7%, excluding merger costs and intangible-asset amortization.
H1 adjusted PAT was ₹15,963 lakh, up 19.0% YoY; adjusted EPS was ₹10.59.
Outlook and guidance
The proposed combined entity aspires to US$1 billion annual revenue by FY28 and a workforce above 19,000; this is not standalone financial guidance.
Indicative milestones target an NCLT order in Sep–Oct 2027 and listing and trading in Nov 2027; timing depends on approvals and may vary.
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Latest events from Happiest Minds Technologies
- Merger forms a $1B AI-first tech leader, uniting digital and enterprise strengths globally.HAPPSTMNDS
M&A announcement - Q1 FY27 revenue rose 14.3% YoY, driven by AI-led growth and strong margins.HAPPSTMNDSQ1 26/27
- FY26 revenue up 12.3% with 17.4% margin; FY27 guidance targets 12.5% growth and margin expansion.HAPPSTMNDSQ4 25/26
- Q3 FY26 saw double-digit revenue growth, strong margins, and AI-driven business momentum.HAPPSTMNDSQ3 25/26
- H1 FY26 revenue up 11.8% YoY, EBITDA margin 20.8%, and 30 new clients added.HAPPSTMNDSQ2 25/26
- Q2 FY25 revenue up 28.2% YoY, EBITDA margin at 21.7%, with margin and profit pressures.HAPPSTMNDSQ2 24/25
- Revenue up 18.7% YoY, EBITDA margin 23.9%, but PAT down as leverage rises post-acquisitions.HAPPSTMNDSQ1 24/25
- FY25 revenue grew 25.6% with 21.4% EBITDA margin; BFSI, healthcare, and GenAI drove outlook.HAPPSTMNDSQ4 2025
- Q3 FY25 revenue up 28.5% YoY, strong EBITDA margin, but PAT margin and leverage need monitoring.HAPPSTMNDSQ3 24/25
Next Happiest Minds Technologies earnings date
Q3 26/279 Feb, 2027
Happiest Minds Technologies
Next Happiest Minds Technologies earnings date
Q3 26/279 Feb, 2027
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Frequently asked questions
Happiest Minds Technologies Limited is an Indian IT services company that focuses on digital transformation and IT consulting. The company offers a wide range of services including cloud computing, artificial intelligence, Internet of Things (IoT), digital process automation, and cybersecurity. These services are designed to help businesses enhance customer experiences, improve operational efficiency, and gain actionable insights. The company is headquartered in Bengaluru, Karnataka, India, and its shares are listed on the NSE.