Happiest Minds Technologies Limited has released the transcript of its Earnings Call held on May 29, 2026. The call discussed the financial results for the quarter and financial year ended March 31, 2026. Key management personnel, including Mr. Joseph Anantharaju (Co-Chairman and CEO) and Mr. Venkatraman Narayanan (Managing Director), shared insights into the company's performance, strategic priorities, and outlook for FY27. During the call, the company highlighted that FY26 revenues crossed ₹2,315 crore, a year-on-year growth of 12.3% in INR terms, with constant currency growth at 9.2%. EBITDA margins remained within the guided range of 20% to 22%. The company ended FY26 with 306 active customers, including 51 additions during the year. A record pipeline growth of 27% in Q4 provides confidence for the FY27 outlook, with a confirmed growth guidance of 12.5% and an aspiration for 15% growth. The management emphasized the growing importance of AI and GenAI in customer conversations, positioning Happiest Minds as a strategic partner. The company launched its enterprise AI platform designed to accelerate AI adoption securely and scalably. Key leadership additions were also noted, including Prathamesh Kulkarni as EVP, Suresh Chettur as Digital First Automation CoE Head, Siddharth Dhandapani to spearhead GCC business, and Samarjeet Singh as VP of the SAP Center of Excellence. Sridhar Mantha, CEO of Generative AI Business Services (GBS), elaborated on the enterprise AI platform, focusing on integrating AI into enterprise workflows for measurable outcomes. He also discussed the company's commitment to building a dedicated 1,000 AI and generative AI-focused team by the end of FY27 and training 90% of its workforce on AI productivity tools by the same period. Venkatraman Narayanan provided a financial overview, stating that Q4 revenues grew 2.8% sequentially and approximately 11% year-over-year, reaching ₹604 crore. For the full year, operating revenue was ₹2,315 crore, a 12.3% year-over-year growth. The company expects to improve operating margins by about 100 basis points to 17.5%-18.5% in FY27. The Board announced a final dividend of ₹3.65 per share, bringing the total for the year to ₹6.40 per share.
