Results Snapshot
Figures in Cr
Consolidated - Balance Sheet Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
EQUITY AND LIABILITIES
No of Months
12
12
12
12
12
12
Share Capital
30.05
30.01
29.87
28.66
28.54
28.37
Share Warrants & Outstandings
Total Reserve
1,652.94
1,543.89
1,448.74
807.50
633.41
514.01
Shareholder's Funds
1,689.49
1,574.58
1,480.24
838.82
665.80
545.99
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
Long-Term Borrowings
342.92
335.37
104.45
112.78
17.24
36.61
Secured Loans
98.73
94.76
104.45
112.78
17.24
36.61
Unsecured Loans
244.19
240.61
0.00
0.00
0.00
0.00
Deferred Tax Assets / Liabilities
-4.68
12.28
-3.33
8.14
-2.29
-3.01
Other Long Term Liabilities
62.37
133.4
49.71
67.57
54.1
36.78
Long Term Trade Payables
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
89.14
59.40
33.38
24.66
18.58
16.53
Total Non-Current Liabilities
489.75
540.45
184.21
213.15
87.63
86.91
Current Liabilities
Trade Payables
96.51
104.81
79.15
70.52
60.72
41.01
Other Current Liabilities
197.43
242.36
128.55
133.36
115.91
112.98
Short Term Borrowings
1,069.74
825.54
337.92
354.77
173.40
109.72
Short Term Provisions
38.11
35.19
21.36
17.75
14.58
15.08
Total Current Liabilities
1,401.79
1,207.90
566.98
576.40
364.61
278.79
Total Liabilities
3,581.03
3,322.93
2,231.43
1,628.37
1,118.04
911.69
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00
0.00
0.00
Gross Block
1,307.86
1,284.80
442.71
430.62
143.30
136.03
Less: Accumulated Depreciation
196.43
143.23
86.75
56.89
39.60
29.24
Less : Impairment of Assets
0.00
0.00
0.00
0.00
0.00
0.00
Net Block
1,111.43
1,141.57
355.96
373.73
103.70
106.79
Lease Adjustment
0.00
0.00
0.00
0.00
0.00
0.00
Capital Work in Progress
0.00
0.00
0.09
1.85
0.00
0.14
Intangible assets under development
1.65
0.18
0.22
0.81
0.35
0.00
Pre-operative Expenses pending
0.00
0.00
0.00
0.00
0.00
0.00
Assets in transit
0.00
0.00
0.00
0.00
0.00
0.00
Non Current Investments
0.00
0.00
0.00
12.96
7.62
0.00
Long Term Loans & Advances
66.91
45.72
23.10
18.48
10.19
17.57
Other Non Current Assets
264.93
64.93
17.31
89.70
14.89
21.16
Total Non-Current Assets
1,505.48
1,321.98
453.66
555.39
190.65
167.16
Current Assets Loans & Advances
Current Investments
503.52
350.39
0.00
0.00
464.00
391.48
Inventories
0.00
0.00
0.00
0.00
0.00
0.00
Sundry Debtors
390.27
358.13
254.44
213.19
167.38
121.92
Cash and Bank
912.71
1,058.23
1,336.53
691.83
168.00
145.18
Other Current Assets
249.44
217.96
175.16
153.95
119.83
72.48
Short Term Loans and Advances
19.61
16.24
11.64
14.01
8.18
13.47
Total Current Assets
2,075.55
2,000.95
1,777.77
1,072.98
927.39
744.53
Net Current Assets (Including Current Investments)
673.76
793.05
1,210.79
496.58
562.78
465.74
Total Current Assets Excluding Current Investments
1,572.03
1,650.56
1,777.77
1,072.98
463.39
353.05
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
0.00
0.00
Total Assets
3,581.03
3,322.93
2,231.43
1,628.37
1,118.04
911.69
Contingent Liabilities
13.95
16.70
0.00
0.00
0.00
12.89
Total Debt
1,412.66
1,160.91
442.37
467.55
190.64
146.33
Book Value per share (adjusted)
112.45
104.94
99.11
58.54
46.66
38.49
Balance Sheet Analysis Highlights
Borrowings
YoY Growth in year ended Mar 2026 is 21.69% vs 162.43% in Mar 2025
Other Long Term Liabilities
YoY Growth in year ended Mar 2026 is -53.25% vs 168.36% in Mar 2025
Fixed Assets
YoY Growth in year ended Mar 2026 is -2.64% vs 220.62% in Mar 2025
Investments
No Investments in the last few periods;
Current Assets
YoY Growth in year ended Mar 2026 is 3.73% vs 12.55% in Mar 2025
Compare Balance Sheet Results of Happiest Minds
Figures in Cr
Consolidated - Balance Sheet Results
Change(INR)
Change(%)
No of Months
12
12
EQUITY AND LIABILITIES
Share Capital
30.05
147.62
-117.57
-79.64%
Share Warrants & Outstandings
Total Reserve
1,652.94
490.52
1,162.42
236.98%
Shareholder's Funds
1,689.49
638.14
1,051.35
164.75%
Minority Interest
0.00
0.00
0.00
0.00%
Long-Term Borrowings
342.92
133.37
209.55
157.12%
Secured Loans
98.73
133.37
-34.64
-25.97%
Unsecured Loans
244.19
0.00
244.19
0.00%
Deferred Tax Assets / Liabilities
-4.68
16.15
-20.83
-128.98%
Other Long Term Liabilities
62.37
13.69
48.68
355.59%
Long Term Trade Payables
0.00
0.00
0.00
0.00%
Long Term Provisions
89.14
1.77
87.37
4,936.16%
Total Non-Current Liabilities
489.75
164.97
324.78
196.87%
Current Liabilities
Trade Payables
96.51
88.66
7.85
8.85%
Other Current Liabilities
197.43
45.62
151.81
332.77%
Short Term Borrowings
1,069.74
219.52
850.22
387.31%
Short Term Provisions
38.11
3.48
34.63
995.11%
Total Current Liabilities
1,401.79
357.27
1,044.52
292.36%
Total Liabilities
3,581.03
1,160.39
2,420.64
208.61%
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00%
Gross Block
1,307.86
514.83
793.03
154.04%
Less: Accumulated Depreciation
196.43
90.89
105.54
116.12%
Less : Impairment of Assets
0.00
0.00
0.00
0.00%
Net Block
1,111.43
423.94
687.49
162.17%
Lease Adjustment
0.00
0.00
0.00
0.00%
Capital Work in Progress
0.00
8.06
-8.06
-100.00%
Intangible assets under development
1.65
1.49
0.16
10.74%
Pre-operative Expenses pending
0.00
0.00
0.00
0.00%
Assets in transit
0.00
0.00
0.00
0.00%
Non Current Investments
0.00
0.05
-0.05
-100.00%
Long Term Loans & Advances
66.91
65.78
1.13
1.72%
Other Non Current Assets
264.93
22.97
241.96
1,053.37%
Total Non-Current Assets
1,505.48
524.74
980.74
186.90%
Current Assets Loans & Advances
Current Investments
503.52
0.00
503.52
0.00%
Inventories
0.00
152.21
-152.21
-100.00%
Sundry Debtors
390.27
292.23
98.04
33.55%
Cash and Bank
912.71
127.84
784.87
613.95%
Other Current Assets
249.44
17.42
232.02
1,331.92%
Short Term Loans and Advances
19.61
45.95
-26.34
-57.32%
Total Current Assets
2,075.55
635.64
1,439.91
226.53%
Net Current Assets (Including Current Investments)
673.76
278.37
395.39
142.04%
Total Current Assets Excluding Current Investments
1,572.03
635.64
936.39
147.31%
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00%
Total Assets
3,581.03
1,160.39
2,420.64
208.61%
Contingent Liabilities
13.95
11.19
2.76
24.66%
Total Debt
1,412.66
0.00
1,412.66
0.00%
Book Value per share (adjusted)
112.45
0.00
112.45
0.00%
Annual - Borrowings
Borrowings 1,412.66 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 21.69% vs 162.43% in Mar 2025
Annual - Other Long Term Liabilities
Other Long Term Liabilities 62.37 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -53.25% vs 168.36% in Mar 2025
Annual - Fixed Assets
Fixed Assets 1,111.43 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -2.64% vs 220.62% in Mar 2025
Annual - Investments
Investments 0.00 Cr
in Mar 2026Figures in Cr
No Investments in the last few periods;
Annual - Current Assets
Current Assets 2,075.55 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 3.73% vs 12.55% in Mar 2025






