Happiest Minds Technologies Announces FY26 Results, Recommends Final Dividend of ₹3.65 Per Share

Happiest Minds Technologies Announces FY26 Results, Recommends Final Dividend of ₹3.65 Per Share​

Happiest Minds Technologies Limited announced its consolidated financial results for the quarter and full financial year ended March 31, 2026, following a Board meeting held on May 28, 2026. The company reported significant year-over-year growth, alongside recommending a final dividend.

The Board also approved the re-appointment of M/s. Deloitte Haskins & Sells, Chartered Accountants, as the Statutory Auditors for a second term spanning five consecutive years, from FY 2026-27 through FY 2030-31.

Key Financial Highlights for FY26​

The company's consolidated financial statements reflect strong performance, with Total Income reaching ₹2,40,008 lakhs for the year ended March 31, 2026.

Consolidated financial results for the quarter and year ended March 31, 2026, show the following key metrics:


The company reported that Total Income for the quarter ended March 31, 2026, was ₹62,169 lakhs, marking a 3.1% quarter-on-quarter increase and a 9.0% year-on-year growth compared to the corresponding quarter of the previous year.

Dividend and General Meetings​

The Board of Directors recommended a final dividend of ₹3.65 per equity share, where the face value of equity shares is ₹2/- each. This recommendation is subject to the approval of the members at the ensuing 15th Annual General Meeting (AGM).

The AGM has been scheduled for Tuesday, July 28, 2026, to be conducted through Video Conference / Other Audio Visual means. The company's Register of Members will be closed from Saturday, July 18, 2026, to Tuesday, July 28, 2026, for the purpose of the AGM, annual closing, and determining entitlement for the final dividend for FY26. The record date for the final dividend payment is set for Friday, July 17, 2026, with payment expected on or after August 04, 2026.

Key Operational Developments​

During the Board meeting, the Board also approved the re-appointment of M/s. Deloitte Haskins & Sells, Chartered Accountants. The audit firm will serve as the Statutory Auditors for the next five consecutive years, commencing from FY 2026-27 till FY 2030-31, pending approval by the members at the AGM.

The Statement of Consolidated Assets and Liabilities shows a healthy increase in the total assets, which stood at ₹3,62,511 lakhs as at March 31, 2026, compared to ₹3,35,906 lakhs reported in the previous year.

Total equity and liabilities for the year amounted to ₹3,62,511 lakhs, up from ₹3,35,906 lakhs in the previous year.

Divisional Performance​

The segment reporting details highlight three main segments: Infrastructure Management & Security Services (IMSS), Product and Digital Engineering Service (PDES), and Generative AI Business Services (GBS).

Revenue contribution shows PDES as the largest contributor, with its revenue reaching ₹1,84,736 lakhs for the year ended March 31, 2026.

Standalone and Consolidated Financial Review​

The consolidated financial results for the quarter and year ended March 31, 2026, include the audited financials of the company and its subsidiaries. The total comprehensive income for the period stood at ₹20,219 lakhs, up from ₹17,857 lakhs in the previous year.

In the standalone segment, total revenue for the year ended March 31, 2026, was ₹2,31,511 lakhs, marking a 12.3% year-on-year growth. Adjusted Profit After Tax (PAT) was ₹27,863 lakhs for the year ended March 31, 2026.

HAPPSTMNDS Stock Price Movement​

On Wednesday, Happiest Minds Technologies Limited shares edged higher, gaining 0.28% and settling at ₹378.6. The stock closed its trading session with a notable volume of 537,529 shares.