• FY27 revenue guidance: Happiest Minds has guided for 12.5% constant currency growth (12.3% in INR) for FY27 with an internal aspirational goal of 15%, supported by a 27% quarter-on-quarter increase in pipeline and multi-year deals.
• Operating margin targets: After closing FY26 with an operating margin of 17.5% and EBITDA of 20.4%, the company aims to lift operating EBITDA margins to between 17.5% and 18.5% while continuing to invest in its AI-first strategy.
• Vertical and geographic performance: BFSI and retail saw strong traction, healthcare grew 12.8% year-on-year despite quarterly seasonality, and growth across India, APAC, Africa, and the Middle East helped diversify revenues as the US market stabilized.
• EdTech revival strategy: The education segment is seeing recovery through GenAI adoption in tutoring and assessment alongside the deployment of the modular EduV platform across universities in emerging markets.
• Client expansion opportunities: The company has 306 active clients, including 92 billion-dollar corporations that contribute approximately 58% of total revenue, with detailed account plans underway for 20 to 25 high-potential accounts.