Icon times
Happiest Minds Technologies Q1 FY22 Conference Call Highlights | Invest Yadnya

Happiest Minds Technologies Q1 FY22 Conference Call Highlights

Published on 29 July 2021 .Views 22 .Comments 0
Share On

Financials: Happiest Minds Share

Financial highlights for the Quarter ended June 30, 2021

• Operating Revenues in US$ terms stood at $33.2 million (growth of 9.6% q-o-q ; 41.4% y-o-y)

• Total Income of ₹ 25,387 lakhs (growth of 13.5% q-o-q ; 35.8% y-o-y)

• EBITDA of ₹ 6,615 lakhs, 26.1% of Total Income (growth of 12.4 % q-o-q ; 38.3% y-o-y)

• PAT of ₹ 3,573 lakhs (decline of 0.9 % q-o-q; 28.8% y-o-y)

• Free cash flows of ₹ 6,569 lakhs for the quarter,

• EPS (diluted) for the quarter of ₹ 2.45 (decline 1.2% q-o-q; 34.1% y-o-y )

• RoCE & RoE (quarterly annualized) of 30.7% and 24.7%

Clients: Happiest Minds Technologies

• 180 as of June 30, 2021

• 18 additions in the quarter

Head Count: Happiest Minds Multibagger

• 3,538 Happiest Minds as of June 30, 2021 (net addition for the quarter 310)

• Trailing 12 months attrition of 14.7%

• Utilization of 82.1%, from 82.6% in Q4 FY21

Other Highlights: Happiest Minds Q1 Results 2021

  • A 10-year vision document will be provided in the next quarter by the company

  • The company expects to grow at 20% on a long-term basis

  • Net headcount addition this quarter- 310

  • The PAT has been affected this quarter because of an exceptional item related to warrant liability.

  • Revenue per customer- 0.75 million USD and it has been growing steadily over the quarters.

  • The company has added 7 to 8 specialist account managers to gain contracts this quarter.

Awards:  Happiest Minds Technologies Multibagger

  • Winner of “Golden Peacock Business Excellence Award” for the year 2021

  • Happiest Minds is among India’s Top 25 Best Companies to Work for in 2021 by Great Place to Work®


We are the best website for ready-made portfolios. We are the Best Stock Advisory Service In India. Our stock-o-meter covers a very detailed analysis of companies. With best-managed portfolios, one can make sane investments. We have maintained a series of free financial eBooks which keeps you updated.

We also provide you with Articles of different sectors and companies like tata power company, bajaj finance ltd. company, dixon technologies, bandhan bank, tata consultancy services etc.

private article suscription area icon

You like to know more. We like that!

Please subscribe Model Portfolio Plan to get access of all premium model portfolio articles Only at Rs. 9,999.00/Year.

Please login to view this free article.

This blog is available only for logged in users, please register and get access to view this article.

Recently Uploaded

premium Premium
free Free
Chat on WhatsApp
Caret UP Arrow
InvestYadnya Support
Typically replies in minutes
InvestYadnya Support
Hi there
Welcome to InvestYadnya.
We are available to assist you on WhatsApp.
Please click on the button below to chat with us.
(10 AM to 7 PM IST)
Chat with InvestYadnya