Happy Square

  • Market Cap: Micro Cap
  • Industry: Diversified Commercial Services
  • ISIN: INE0TLP01015
  • NSEID: WHITEFORCE
  • BSEID:
INR
33.00
-0.9 (-2.65%)
BSENSE

Mar 30

BSE+NSE Vol: 65600

  • 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

65.6 k (41.38%) 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?

31-Mar-2026

As of 30-Mar, the stock price of Happy Square Outsourcing Services Ltd is declining, currently at 33.00, reflecting a year-to-date drop of 53.52%. The stock is trading below key moving averages and has seen a significant decrease in investor participation, indicating a bearish trend.

As of 30-Mar, the stock price of Happy Square Outsourcing Services Ltd is falling, currently at 33.00, which reflects a decrease of 0.9 or 2.65%. This decline is part of a broader trend, as the stock has experienced significant losses over various periods, including a year-to-date drop of 53.52%, compared to a 14.54% decline in the benchmark Sensex. <BR><BR>Today, the stock has outperformed its sector by 0.56%, but it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume on 27 March falling by 63.33% against the 5-day average. This reduction in trading activity suggests a lack of confidence among investors, contributing to the stock's downward movement. Overall, these factors indicate that the stock is currently under pressure, leading to its falling price.

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Which are the latest news on Happy Square?

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

iScoreScore
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Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

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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

stock-summary
Market cap

INR 39 Cr (Micro Cap)

stock-summary
P/E

6.00

stock-summary
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%

stock-summary
Price to Book

1.04

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
-53.52%
0%
-53.52%
6 Months
-54.17%
0%
-54.17%
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
6
Industry P/E
0
Price to Book Value
1.01
EV to EBIT
4.50
EV to EBITDA
4.28
EV to Capital Employed
1.01
EV to Sales
0.41
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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