Happy Square Outsourcing Services
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Key Fundamentals
SMECommercial ServicesServicesPrice-based figures at the close · TTM
- ROCE
- 18.60%
- Debt to Equity
- 0.17
- EPS (TTM)
- —
- Book Value
- ₹36.28
- Market Cap
- —
- P/E (TTM)
- —
- P/B
- 0.96
- ROE
- 22.70%
- Dividend Yield
- 0.00%
- EBITDA
- ₹7.90 Cr
- 52W High
- ₹80.00
- 52W Low
- ₹28.25
Peer Comparison
Services › Commercial Services › Diversified Services › Diversified Commercial Services
| ₹402.00 | 28.49 | ₹17,550 Cr | 9.92 | 0.63% | 55.80% | 69.20% | ₹1,363 Cr | ₹611 Cr | |
| ₹680.50 | 111.74 | ₹9,206 Cr | 27.76 | 0.00% | 27.90% | 12.60% | ₹2,578 Cr | ₹82 Cr | |
| ₹1,040.40 | 17.60 | ₹7,372 Cr | 2.33 | 0.68% | 14.80% | 18.50% | ₹951 Cr | ₹417 Cr | |
| ₹31.28 | 16.82 | ₹7,118 Cr | 2.05 | 0.00% | 23.10% | 16.20% | ₹1,101 Cr | ₹488 Cr | |
| ₹633.50 | 15.99 | ₹5,724 Cr | 12.18 | 4.72% | 83.80% | 30.80% | ₹674 Cr | ₹357 Cr | |
| ₹116.45 | 22.39 | ₹5,030 Cr | 3.40 | 0.00% | 9.82% | 9.21% | ₹821 Cr | ₹75 Cr | |
| Happy Square Outsourcing Services (this company) | ₹34.75 | — | ₹40 Cr | 0.96 | 0.00% | 22.70% | 18.60% | — | — |
| Median 7 companies | ₹402.00 | 20.00 | ₹7,118 Cr | 3.40 | 0.00% | 23.10% | 18.50% | ₹1,026 Cr | ₹387 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 81/100
Category scores
- Quality
- 55
- Good
- Returns, margins, earnings quality 22% weight
- Valuation
- 36
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 54
- Average
- Sales & profit trajectory 9% weight
- Financial Health
- 57
- Good
- Solvency, leverage, coverage 9% weight
- Momentum
- 17
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 41
- Weak
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
3- Company has reduced debt.
- Stock is trading at 0.96 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 40.1%
Weaknesses
4- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Debtor days have increased from 103 to 142 days.
- Working capital days have increased from 58.6 days to 109 days
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 10 | 7 | 2 |
| Oscillators | Bearish | 2 | 7 | 0 |
| Moving Averages | Strong Bearish | 8 | 0 | 2 |
Oscillators
Bearish
Overall
Strong Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 45.43
- Neutral
- MACD (12,26,9)
- −1.68
- Bearish
- SMA (50)
- 38.54
- Bearish
- SMA (200)
- 50.44
- Bearish
As of
Growth Rate
From the financial statements below. 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.
Revenue
| 3Y | +27.17% |
|---|---|
| 1Y | +12.37% |
Net profit
| 3Y | +44.22% |
|---|---|
| 1Y | 0.00% |
Operating cash flow
| 3Y | Outflow widened by ₹13 Cr |
|---|---|
| 1Y | Outflow widened by ₹12 Cr |
Operating margin· change in pp
| 3Y | +0.76 pp |
|---|---|
| 1Y | −2.86 pp |
Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.
Revenue by year
| Mar 2022 | ₹28.00 Cr |
|---|---|
| Mar 2023 | ₹53.00 Cr |
| Mar 2024 | ₹69.00 Cr |
| Mar 2025 | ₹97.00 Cr |
| Mar 2026 | ₹109 Cr |
Net profit by year
| Mar 2022 | ₹0.00 Cr |
|---|---|
| Mar 2023 | ₹2.00 Cr |
| Mar 2024 | ₹4.00 Cr |
| Mar 2025 | ₹6.00 Cr |
| Mar 2026 | ₹6.00 Cr |
Half-yearly Results
₹ Cr| Particulars | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 49 | 49 | 43 | 66 |
| Expenses | 44 | 44 | 41 | 61 |
| Operating Profit | 4 | 5 | 3 | 4 |
| OPM % | 9% | 11% | 6% | 7% |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| PBT | 4 | 4 | 2 | 4 |
| Tax % | 26% | 25% | 7% | −5% |
| Net Profit | 3 | 3 | 2 | 4 |
| EPS (₹) | 3.13 | 3.94 | 1.53 | 3.63 |
Profit & Loss
₹ Cr| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 28 | 53 | 69 | 97 | 109 |
| Expenses | 28 | 50 | 63 | 88 | 102 |
| Operating Profit | 0 | 3 | 6 | 9 | 7 |
| OPM % | 1.6% | 5% | 9% | 10% | 7% |
| Other Income | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 1 |
| PBT | 0 | 2 | 6 | 8 | 6 |
| Tax % | 25% | 25% | 25% | 25% | −1% |
| Net Profit | 0 | 2 | 4 | 6 | 6 |
| EPS (₹) | 250 | 1,790 | 4,390 | 7.06 | 5.15 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
₹ Cr| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 8 | 12 |
| Reserves | 0 | 2 | 7 | 4 | 30 |
| Borrowings | 4 | 7 | 11 | 15 | 7 |
| Other Liabilities | 4 | 6 | 11 | 13 | 12 |
| Total Liabilities | 9 | 14 | 28 | 40 | 61 |
| Fixed Assets | 0 | 0 | 2 | 3 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 5 |
| Other Assets | 8 | 14 | 26 | 36 | 52 |
| Total Assets | 9 | 14 | 28 | 40 | 61 |
Cash Flow
₹ Cr| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating | 0 | −1 | −2 | −2 | −14 |
| Investing | −1 | −1 | −2 | 0 | −1 |
| Financing | 1 | 2 | 4 | 2 | 15 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 1 |
| Free Cash Flow | 0 | −2 | −4 | −3 | −15 |
| CFO/OP | 44 | −28 | −7 | 4 | −196 |
Ratios
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor Days | 78 | 53 | 80 | 86 | 142 |
| Cash Conversion Cycle | 78 | 53 | 80 | 86 | 142 |
| Working Capital Days | 18 | 15 | 27 | 40 | 109 |
| ROCE % | — | 43% | 50% | 41% | 19% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Happy Square Outsourcing Services insights
55 extracted metrics across FY22–FY26.
Documents
- Concall · Jun 2026Transcript PPT Recording
- Concall · Sep 2025PPT
- 9 Oct 2026
- 28 Sep 2026
- 18 Sep 2026
Frequently Asked Questions about Happy Square Outsourcing Services
What does Happy Square Outsourcing Services Ltd do?
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Which sector does Happy Square Outsourcing Services Ltd belong to?
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Company Information
Incorporated in 2017, Happy Square Outsourcing Services Ltd is in the business of providing technology-based staffing, recruitment and payroll solutions
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