Happiest Minds Technologies Ltd - 543227 - Announcement under Regulation 30 (LODR)-Investor Presentation
Enclosed herewith the copy of presentation being circulated to Analysts/Investors19-01-2023
19-01-2023
Q3FY23 Quarterly Result Announced for Happiest Minds Technologies Ltd.
IT consulting & software firm Happiest Minds Technologies announced Q3FY23 results: Q3FY23: Revenue in constant currency grew by 2.8% QoQ and 22.6% YoY Operating Revenues in US$ stood at US$ 45.3 million (growth of 2.1 % QoQ: 19.8% YoY) Total Income of Rs. 37,468 lakhs (growth of 4.3% QoQ; 28.2% YoY) EBITDA of Rs 9,726 lakhs, 26.0% of Total Income (growth of 3.1% QoQ; 26.5% YoY) PAT of Rs 5,758 lakhs (decline of 3.1% QoQ; growth of 17.7% YoY) Free cash flows of Rs 9,315 lakhs EPS (diluted) for the quarter of Rs 3.98 9MFY23: Revenue in constant currency grew by 26.0% Operating Revenues in US$ stood at US$ 131.9 million (growth of 23.5% YoY) Total Income of Rs 106,397 lakhs (growth of 29.7% YoY) EBITDA of Rs 27,935 lakhs, 26.3% of Total Income (growth of 31.4% YoY) PAT of Rs 17,333 lakhs (growth of 34.3% YoY) Free cash flows of Rs 26,534 lakhs EPS (diluted) for half year of Rs 12.01 Ashok Soota, Executive Chairman, said “We have delivered yet another quarter of excellent performance on all fronts. On revenue growth + EBITDA, a metric that we closely track, we are at 55.2%, which reflects our ability to drive consistent profitable growth. We are delighted with the recognitions received by Happiest Minds on corporate governance. The ICSI award in this quarter was preceded by the Golden Peacock award for corporate governance in the previous quarter. Happiest Minds stands for excellent corporate governance and these awards represent a dual confirmation on our disclosure, transparency and governance practices.“ Venkatraman N, MD & CFO, said “Happiest Minds’ year-to-date revenue growth of 26% in constant currency and EBITDA of 26.3% continue to be industry-leading and well above the guidance we have given for the year. Accolades that we received for our governance and disclosure practices coupled with our results make the quarter results that much more pleasant” Joseph Anantharaju, Executive Vice Chairman, said “Our clients are investing heavily in cloud, experience and analytics as part of their strategic Digital initiatives. They continue to see us as a strategic and differentiated partner, given our positioning as a ‘Born Digital . Born Agile’ company and our technology depth. This has resulted in a strong pipeline of large deals, many of them with Fortune 500 companies.” Result PDF19-01-2023
Happiest Minds Technologies Ltd - 543227 - Auditor'S Review Report For The Quarter And Nine Months That Ended On December 31, 2022 With UDIN
Enclosed are copies of the financial results together with Auditor''s review reports, presentation to Investors and press release covering the results for the quarter.19-01-2023
Happiest Minds Technologies Ltd - 543227 - Board Meeting Outcome for Outcome Of Board Meeting
We wish to inform that the Board of Directors of the Company at its meeting held today i.e., January 19, 2022, approved the unaudited financial statements of the Company (both standalone and consolidated) prepared in accordance with Indian Accounting Standards (IndAS) for the quarter and nine months that ended on December 31, 2022. Attached are copies of the financial results together with review reports being disseminated in this regard.19-01-2023
Happiest Minds Technologies Ltd - 543227 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Happiest Minds positioned as a 'Major Contender' in Everest Group's Managed Detection and Response (MDR) Services PEAK Matrix(r) Assessment 202317-01-2023
Happiest Minds Technologies Ltd - 543227 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Earnings Call under Regulation 30 (6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on Thursday, January 19, 2023 at 6:00 p.m. (IST).12-01-2023
Happiest Minds Technologies Ltd - 543227 - Board Meeting Intimation for Approval Of Financial Results
Happiest Minds Technologies Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/01/2023 ,inter alia, to consider and approve This is to inform that a meeting of the Board of Directors of the Company will be held on Thursday, January 19, 2023, inter alia, to consider and approve the unaudited financial statements of the Company (both standalone and consolidated) prepared in accordance with Indian Accounting Standards (IndAS) for the quarter and nine months ended as on December 31, 2022.09-01-2023
Happiest Minds Technologies Ltd - 543227 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Happiest Minds awarded 'Best Governed Company' in Medium Category & CS Praveen Kumar Darshankar presented the 'Governance Professional of the Year' at ICSI National Awards 2022. Executive Chairman Ashok Soota conferred 'ICSI Lifetime Achievement Award for Excellence in Corporate Governance'09-01-2023
Happiest Minds Technologies Ltd - 543227 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Compliance Certificate pursuant to Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 201809-01-2023
Happiest Minds Technologies Why a steeper correction is possible
The valuation is still heady in comparison to global peers and there is room for further correction in the stock26-12-2022