Happiest Minds Q1 FY23 Key Highlights

  • Consolidated Revenue up 34% and Net Profit up 41% YoY
  • EBITDA Margins at 26.4% Vs 23% YoY
  • Geography Wise Revenue break up in Q1 FY23

  • Digital Revenue Break up in Q1 FY23

  • Verticals Break up as on Q1 FY23

  • Revenue Concentration

  • Attrition Rate 24.4% Vs 14.7% YoY, expectation of lower number after Q2
  • Goal to become $1 Billion company by FY31
  • Increasing revenue guidance for FY23 as 25% and to grow at CAGR of 25% for next 5 years
  • Cash and Cash Equivalent as on 30th June is Rs.670 Cr.
  • 90% of customers are repeat customers, currently 211 active clients
  • Key Q1 Projects Wins



Happiest Mind Investor Presentation

Happiest Mind Concall Recording