Happy Square

  • Market Cap: Micro Cap
  • Industry: Diversified Commercial Services
  • ISIN: INE0TLP01015
  • NSEID: WHITEFORCE
  • BSEID:
INR
33.90
-3.05 (-8.25%)
BSENSE

Mar 27

BSE+NSE Vol: 20800

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

20.8 k (-60.84%) Volume

Shareholding (Sep 2025)

FII

2.86%

Held by 2 FIIs

DII

2.62%

Held by 0 DIIs

Promoter

60.90%

How has been the historical performance of Happy Square?

13-Nov-2025

Happy Square's historical performance shows significant fluctuations, with net sales dropping from INR 97.41 crore in March 2024 to INR 48.79 crore in March 2025, while earnings per share improved to INR 2.85. Despite declines in profits, total assets and book value per share increased, indicating some recovery in specific areas.

Answer:<BR>The historical performance of Happy Square shows significant fluctuations in key financial metrics over the past three years.<BR><BR>Breakdown:<BR>Happy Square's net sales experienced a notable decline from INR 97.41 crore in March 2024 to INR 48.79 crore in March 2025, following a previous increase to INR 52.70 crore in March 2023. Total operating income mirrored this trend, dropping to INR 48.79 crore in March 2025 from INR 97.41 crore in March 2024. The company's operating profit (PBDIT) also decreased to INR 5.27 crore in March 2025 from INR 9.58 crore in March 2024, although it showed improvement from INR 2.94 crore in March 2023. Profit before tax fell to INR 4.42 crore in March 2025 from INR 7.98 crore in March 2024, while profit after tax decreased to INR 3.31 crore from INR 5.94 crore in the same period. Despite these declines, the earnings per share (EPS) rose to INR 2.85 in March 2025 from INR 0.01 in March 2024, indicating a significant recovery from the previous year. On the balance sheet, total assets increased to INR 39.59 crore in March 2025 from INR 28.36 crore in March 2024, with total liabilities also rising to INR 39.59 crore from INR 28.36 crore. The book value per share adjusted significantly to INR 14.84 in March 2025 from INR 7.82 in March 2024. Cash flow from financing activities showed a positive trend, increasing to INR 2.00 crore in March 2025 from INR 3.00 crore in March 2024, while cash flow from operating activities remained negative at -INR 1.00 crore for the last three years. Overall, Happy Square's financial performance reflects both challenges and some recovery in specific areas over the observed period.

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Is Happy Square overvalued or undervalued?

18-Nov-2025

As of November 17, 2025, Happy Square is considered very attractive and undervalued, with a PE ratio of 24.01, significantly lower than its peers, and has recently outperformed the Sensex with a 5.14% return.

As of 17 November 2025, Happy Square's valuation grade has moved from attractive to very attractive, indicating a strong improvement in its perceived value. The company is currently assessed as undervalued. Key ratios include a PE ratio of 24.01, an EV to EBIT of 16.53, and a ROCE of 12.43%. <BR><BR>In comparison to its peers, Happy Square's PE ratio is significantly lower than Altius Telecom's 51.5, which suggests it is trading at a more attractive valuation despite its strong performance metrics. Other peers like Embassy Office REIT and Mindspace Business have much higher valuations, with PE ratios of 130.95 and 54.33, respectively, further emphasizing Happy Square's undervaluation. Notably, the company's recent stock performance has outpaced the Sensex over the past week, with a return of 5.14% compared to the Sensex's 1.72%, reinforcing the positive valuation outlook.

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Why is Happy Square Outsourcing Services Ltd falling/rising?

18-Mar-2026

As of 17-Mar, Happy Square Outsourcing Services Ltd's stock price has risen to 38.00, up 2.56%, driven by strong relative performance and a significant increase in investor participation. Despite a longer-term downtrend, the current market sentiment appears positive due to today's performance and increased trading volume.

As of 17-Mar, Happy Square Outsourcing Services Ltd is experiencing a rise in its stock price, currently at 38.00, with an increase of 0.95 (2.56%). This upward movement can be attributed to several factors. Notably, the stock has outperformed its sector by 2.96% today, indicating strong relative performance. Additionally, there has been a significant increase in investor participation, as evidenced by a delivery volume of 1.55 lacs on 16 March, which has surged by 2104.55% compared to the 5-day average delivery volume. <BR><BR>While the stock has shown a decline over longer periods, such as a 19.41% drop over the past month and a 46.48% decrease year-to-date, the current performance suggests a positive shift in market sentiment. Furthermore, the stock's price is higher than its 5-day moving averages, although it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages. This indicates that while there is a short-term rise, the stock is still navigating through a longer-term downtrend. Overall, the combination of today's strong performance relative to the sector and the significant increase in trading volume are key factors contributing to the current rise in the stock price.

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Why is Happy Square Outsourcing Services Ltd falling/rising?

19-Mar-2026

As of 18-Mar, Happy Square Outsourcing Services Ltd's stock price has risen to 41.00, reflecting a 7.89% increase. This rise is driven by strong sector performance, increased investor participation, and favorable short-term moving averages, although it remains below longer-term averages.

As of 18-Mar, Happy Square Outsourcing Services Ltd is experiencing a rise in its stock price, currently at 41.00, which reflects a change of 3.0 or 7.89% increase. This upward movement can be attributed to several factors. <BR><BR>Firstly, the stock has outperformed its sector by 5.19% today, indicating strong relative performance compared to its peers. Additionally, there has been a notable increase in investor participation, with a delivery volume of 57.6k on 17 March, which has risen by 74.76% against the 5-day average. This surge in trading activity suggests growing interest and confidence among investors.<BR><BR>Moreover, the stock's current price is higher than its 5-day and 20-day moving averages, which can be a positive indicator of short-term momentum. However, it is important to note that the stock remains below its longer-term moving averages (50-day, 100-day, and 200-day), which may indicate that while there is a short-term rise, the stock has not yet regained its longer-term strength.<BR><BR>Overall, the combination of strong sector performance, increased trading volume, and favorable short-term moving averages contribute to the rise in Happy Square Outsourcing Services Ltd's stock price.

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Why is Happy Square Outsourcing Services Ltd falling/rising?

20-Mar-2026

As of 19-Mar, Happy Square Outsourcing Services Ltd's stock price has declined to 36.75, down 10.37%, primarily due to poor long-term performance and underperformance against market benchmarks. Despite a recent uptick, the stock has fallen significantly year-to-date by 48.24%, indicating a bearish trend.

As of 19-Mar, Happy Square Outsourcing Services Ltd is experiencing a decline in its stock price, currently at 36.75, which represents a change of -4.25 or -10.37%. This drop can be attributed to several factors reflected in the stock's performance metrics. <BR><BR>Over the past week, the stock has shown a positive return of +5.91%, indicating a recent uptick; however, this is overshadowed by its longer-term performance. In the past month, the stock has fallen by -18.33%, and year-to-date, it has decreased significantly by -48.24%. This stark decline contrasts with the Sensex, which has only dropped by -11.97% year-to-date, suggesting that the stock is underperforming relative to the broader market.<BR><BR>Additionally, today's performance indicates that the stock has underperformed its sector by -8.23%. While the stock is currently trading higher than its 5-day moving averages, it remains lower than its 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the medium to long term. <BR><BR>Despite a rise in investor participation, with delivery volume increasing by 48.55% against the 5-day average, the overall liquidity remains low, which may contribute to the stock's volatility and downward pressure. Therefore, the combination of poor long-term performance, underperformance against benchmarks, and current market conditions are key factors contributing to the decline in the stock price of Happy Square Outsourcing Services Ltd.

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Why is Happy Square Outsourcing Services Ltd falling/rising?

21-Mar-2026

As of 20-Mar, Happy Square Outsourcing Services Ltd's stock price has risen to 41.00, reflecting an 11.56% increase today and a 23.49% rise over the past week. However, it has a year-to-date decline of 42.25%, and a significant drop in delivery volume suggests declining investor participation.

As of 20-Mar, Happy Square Outsourcing Services Ltd is experiencing a rise in its stock price, currently at 41.00, which reflects a change of 4.25 or 11.56% increase. This upward movement is notable as the stock has outperformed its sector by 11.44% today. Additionally, over the past week, the stock has shown a significant increase of 23.49%, contrasting with a slight decline in the benchmark Sensex, which fell by 0.16%.<BR><BR>Despite the positive performance today, it is important to note that the stock has faced challenges in the longer term, with a year-to-date decline of 42.25% compared to a 11.54% drop in the Sensex. Furthermore, the stock's delivery volume has decreased significantly, falling by 91.53% against the 5-day average, indicating a decline in investor participation. <BR><BR>While the stock is currently performing well in the short term, the overall trend shows volatility and a significant drop in participation, which could impact future performance.

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Why is Happy Square Outsourcing Services Ltd falling/rising?

24-Mar-2026

As of 23-Mar, Happy Square Outsourcing Services Ltd's stock price is at 40.00, down 2.44%, despite outperforming its sector today. Year-to-date, it has declined 43.66%, indicating negative sentiment despite recent positive trends in investor participation.

As of 23-Mar, Happy Square Outsourcing Services Ltd is experiencing a decline in its stock price, currently at 40.00, which reflects a change of -1.0 or -2.44%. This drop comes despite the stock outperforming its sector by 1.8% today. Over the past week, the stock has shown a positive return of +7.96%, while the benchmark Sensex has decreased by -3.83%. However, year-to-date, the stock has significantly underperformed with a decline of -43.66%, compared to the Sensex's -13.84%.<BR><BR>The stock's current price is higher than its 5-day and 20-day moving averages, but it remains lower than its 50-day, 100-day, and 200-day moving averages, indicating a mixed performance trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 71.35% against the 5-day average, suggesting growing interest in the stock. Despite this, the overall year-to-date performance and the current price drop indicate that negative sentiment may be outweighing the positive factors at this time.

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Why is Happy Square Outsourcing Services Ltd falling/rising?

25-Mar-2026

As of 24-Mar, the stock price of Happy Square Outsourcing Services Ltd is declining, currently at 38.40, reflecting a 4.0% decrease. This drop is due to underperformance against its sector, a significant year-to-date decline, and bearish trading indicators, alongside a sharp decrease in investor interest.

As of 24-Mar, the stock price of Happy Square Outsourcing Services Ltd is falling, currently at 38.40, which reflects a decrease of 1.6 or 4.0%. This decline can be attributed to several factors highlighted in the data. <BR><BR>Firstly, the stock has underperformed its sector by 8.79% today, indicating a significant lag compared to its peers. Additionally, the stock's performance relative to the benchmark Sensex shows that while it gained 1.05% over the past week and 3.50% over the past month, it has a year-to-date decline of 45.92%, which is substantially worse than the Sensex's decline of 12.31% during the same period. <BR><BR>Moreover, the stock is currently trading lower than the 5-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. The delivery volume has also seen a drastic drop, with a 95.8% decrease compared to the 5-day average, indicating falling investor participation and interest in the stock. <BR><BR>These factors collectively contribute to the downward movement in the stock price of Happy Square Outsourcing Services Ltd.

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Why is Happy Square Outsourcing Services Ltd falling/rising?

26-Mar-2026

As of 25-Mar, the stock price of Happy Square Outsourcing Services Ltd is at 36.95, reflecting a decline of 3.78%. Despite a recent positive return over the past month, the stock has significantly underperformed the benchmark Sensex and shows a year-to-date drop of 47.96%.

As of 25-Mar, the stock price of Happy Square Outsourcing Services Ltd is falling, currently at 36.95, which reflects a decrease of 1.45 or 3.78%. This decline is evident in the stock's performance over the past week, where it has underperformed the benchmark Sensex by 9.88%, compared to the Sensex's decline of 1.98%. <BR><BR>Additionally, the year-to-date performance shows a significant drop of 47.96% for the stock, while the Sensex has only decreased by 10.80% during the same period. Although the stock has shown a positive return of 5.72% over the past month, this is overshadowed by its substantial losses in the longer term.<BR><BR>Today's trading performance indicates that the stock has underperformed its sector by 5.32%. While there has been a rise in investor participation, with a delivery volume increase of 46.85% against the 5-day average, the stock remains lower than several moving averages, including the 5-day, 50-day, 100-day, and 200-day moving averages. This suggests that despite some positive trading activity, the overall trend is downward, contributing to the current decline in stock price.

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Which are the latest news on Happy Square?

27-Mar-2026
No latest news for Happy Square found.

iScoreScore
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Strong Sell
Sell
Hold
Buy
Strong Buy

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Unrated Stock - No Analysis Available
stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Diversified Commercial Services

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Market cap

INR 38 Cr (Micro Cap)

stock-summary
P/E

7.00

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Industry P/E

31

stock-summary
Dividend Yield

0.00%

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Debt Equity

0.04

stock-summary
Return on Equity

15.69%

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Price to Book

1.13

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-51.05%
0%
-51.05%
6 Months
-54.8%
0%
-54.8%
1 Year
0%
0%
0.0%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Happy Square for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
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Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

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No Recent News for the Company

Announcements stock-summary

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No announcement available

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

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SPLITS

No Splits history available

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BONUS

No Bonus history available

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RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
31.50%
EBIT Growth (5y)
133.58%
EBIT to Interest (avg)
6.03
Debt to EBITDA (avg)
0.82
Net Debt to Equity (avg)
1.12
Sales to Capital Employed (avg)
2.14
Tax Ratio
25.44%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
5.48%
ROCE (avg)
22.48%
ROE (avg)
0

Valuation key factors

Factor
Value
P/E Ratio
7
Industry P/E
0
Price to Book Value
1.04
EV to EBIT
4.61
EV to EBITDA
4.39
EV to Capital Employed
1.04
EV to Sales
0.42
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
22.48%
ROE (Latest)
15.69%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
RSI
No Signal
Bollinger Bands
Bearish
KST
Dow Theory
Mildly Bullish
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 2 FIIs (2.86%)

Promoter with highest holding

Shraddha Rajpal . (36.25%)

Highest Public shareholder

Lalit Dua (9.64%)

Individual Investors Holdings

29.27%

stock-summaryFinancial
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    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "alert": "No Quarterly Results declared by Happy Square"
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "alert": "No Half Yearly Results declared by Happy Square"
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Happy Square"
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "alert": "No Annual Results declared by Happy Square"
  }
]
stock-summaryCompany CV
About Happy Square Outsourcing Services Ltd stock-summary
stock-summary
Happy Square Outsourcing Services Ltd
Micro Cap
Diversified Commercial Services
Happy Square Outsourcing Services Limited was incorporated on April 20, 2017 as a Private Limited Company as `Splendid Academy Private Limited', dated April 20, 2017 with the Registrar of Companies, Central Registration Centre. Subsequently, the name of the Company was changed to `Happy Square Outsourcing Services Private Limited' dated February 3, 2020 by the Registrar of Companies, Gwalior.
Company Coordinates stock-summary
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No Company Details Available