Happy Square Outsourcing FY26 PAT ₹5.98 Cr; income ₹109.9 Cr

Key takeaway from FY26 audited results

Happy Square Outsourcing Services Limited (NSE: WHITEFORCE) has announced its audited standalone financial results for the financial year ended March 31, 2026. The board approved the audited numbers on June 8, 2026. The company reported total income of ₹109.88 crore for FY26, reflecting 12.49% year-on-year growth. Profit after tax (PAT) for FY26 stood at ₹5.98 crore. Management attributed performance to strong demand for staffing solutions, expansion across geographies, and continued investment in a technology-driven recruitment platform. The company also highlighted an asset-light operating model supporting scale. The update was released from Jabalpur (Madhya Pradesh) on June 9.

FY26 financial snapshot: income, EBITDA, and profit

The audited standalone numbers show a full-year total income of ₹109.88 crore and EBITDA of ₹7.86 crore. PAT for the year was ₹5.98 crore, aligning with the net income figure reported elsewhere as ₹59.84 million. The company also reported sales of ₹109.17 crore for the full year ended March 31, 2026, compared with ₹97.42 crore a year ago. Total income for FY26 is reported as ₹10,988.36 lakh, which equals ₹109.88 crore. Revenue for the year was also presented as ₹1,098.84 million, which equals ₹109.88 crore. These figures collectively point to steady full-year growth with profitability maintained in absolute terms.

H2 FY26 shows sharp pickup in business momentum

The half-year ended March 31, 2026 (H2 FY26) was materially stronger on income. Total income for H2 FY26 rose 35.92% year-on-year to ₹66.51 crore. EBITDA in H2 FY26 was ₹5.10 crore. PAT in H2 FY26 was ₹4.21 crore. The company also stated that H2 FY26 net profit grew 27.20% year-on-year, indicating improved profitability alongside higher scale. The stronger second half was described as a reflection of business momentum.

What the company said drove performance

Happy Square linked FY26 performance to multiple operating levers mentioned in its release. It cited strong demand for staffing solutions and expansion across geographies. It also pointed to increasing client additions and higher engagement on its recruitment platform. Continued investments in a technology-driven recruitment platform were highlighted as supportive of execution. The company described its model as scalable and asset-light. It also noted expansion in higher-margin Recruitment Process Outsourcing (RPO) services through technology-enabled execution. These points were presented as the key drivers behind the improved H2 trend.

Order inflow in Q4 FY26: 25 tenders worth ₹24.13 crore

Operationally, the company reported meaningful tender wins in the March quarter. In Q4 FY26, it secured 25 tenders with total order inflow of ₹24.13 crore. Within this, it won 7 new tenders aggregating ₹12.09 crore. It also secured 18 contract extensions worth ₹12.03 crore. The company positioned these wins as evidence of execution capabilities and growing government participation. It also described the contract extensions as supportive of recurring business visibility.

Scale indicators: turnaround time, footprint, and client base

The company said it maintained an industry-leading turnaround time of around 60 hours, enabling rapid PAN-India recruitment delivery. It reported an operational presence across 20+ states. It also indicated participation in GeM (Government e-Marketplace) and multi-state operations as part of this footprint. The company said it served 300+ corporate clients across sectors. These metrics were cited to support the narrative of client retention and diversified demand. The release framed these factors as contributors to growth and execution.

Summary table: audited headline numbers

Market and trading context mentioned alongside results

Separate market snapshots cited that the stock had delivered -49.72% in the current year and -9.51% in the last five days, as per the referenced data. It also stated that the stock was trading at 35.70 as on May 27, 2026 (03:46:12). The same set of data points referenced Q2 results highlights for the September quarter (Sep 25), including total income of ₹43.33 crore, operating profit of ₹2.37 crore, and PAT of ₹1.77 crore, with year-on-year declines shown for that quarter. These quarterly datapoints provide context on volatility within the year, even as H2 and full-year income ended higher. The audited FY26 and H2 FY26 numbers are the latest confirmed standalone financial results in the announcement.

Earnings call on June 11: time and dial-in details

Happy Square Outsourcing Services Limited has scheduled an earnings conference call to discuss its audited financial results for the half-year and financial year ended March 31, 2026. The call is set for June 11, 2026 at 04:00 PM. The company stated that the session is intended to give analysts and institutional investors an opportunity to review performance for the fiscal period. The call will be hosted by EquiBridgeX Advisors Private Limited. Dial-in details were shared in the communication.

Why the FY26 update matters

The audited FY26 release confirms that the company closed the year with total income of ₹109.88 crore and PAT of ₹5.98 crore, while reporting a stronger second half with income of ₹66.51 crore. The tender and contract-extension numbers in Q4 FY26 provide a measurable indicator of order inflow at ₹24.13 crore through 25 tenders. Operational indicators such as ~60-hour turnaround time, presence across 20+ states, and a client base of 300+ were cited to underline execution capability and breadth. The earnings call on June 11 is the next scheduled event disclosed by the company, where investors can seek clarity on audited performance, H2 momentum, and the tender pipeline referenced in the release.