Fractal Analytics Limited — quarter ended March 31, 2026 (with year ended March 31, 2026)
| Particulars | Three months ended | Year ended | |||
|---|---|---|---|---|---|
| March 31, 2026 | December 31, 2025 | March 31, 2025 | March 31, 2026 | March 31, 2025 | |
| Audited (Refer note 2) | Unaudited | Unaudited (Refer note 2) | Audited | Audited | |
| (1) Income | |||||
| (a) Revenue from operations | 8,863 | 8,544 | 7,575 | 32,997 | 27,654 |
| (b) Other income | 259 | 17 | 52 | 629 | 508 |
| Total Income | 9,122 | 8,561 | 7,627 | 33,626 | 28,162 |
| (2) Expenses | |||||
| (a) Employee benefits expense | 5,701 | 5,961 | 5,249 | 22,914 | 20,048 |
| (b) Employee stock option expense | 178 | 186 | 170 | 634 | 798 |
| (c) Finance costs | 129 | 112 | 112 | 474 | 577 |
| (d) Depreciation and amortization expense | 366 | 357 | 339 | 1,358 | 1,023 |
| (e) Other expenses | 1,182 | 1,112 | 876 | 4,366 | 3,309 |
| Total Expenses | 7,556 | 7,728 | 6,746 | 29,746 | 25,755 |
| (3) Profit before share of loss of an associate, exceptional items and tax expense (1-2) | 1,566 | 833 | 881 | 3,880 | 2,407 |
| (4) Share of (loss) of an associate | (72) | (186) | (55) | (703) | (297) |
| (5) Profit before exceptional items and tax expense (3+4) | 1,494 | 647 | 826 | 3,177 | 2,110 |
| (6) Exceptional items (net) (Refer note 4) | (63) | 1 | 33 | (110) | 270 |
| (7) Profit before tax expense (5+6) | 1,431 | 648 | 859 | 3,067 | 2,380 |
| (8) Tax expense | |||||
| (a) Current tax | 303 | 146 | 164 | 733 | 557 |
| (b) Deferred tax (credit) / charge | (30) | (499) | 140 | (534) | (383) |
| Total tax expense | 273 | (353) | 304 | 199 | 174 |
| (9) Profit after tax (7-8) | 1,158 | 1,001 | 555 | 2,868 | 2,206 |
| (10) Other Comprehensive Income | |||||
| (1) Items that will not be reclassified subsequently to profit or loss (a) Remeasurement of defined employee benefit plans | 115 | 16 | 8 | 182 | 16 |
| (1) Items that will not be reclassified subsequently to profit or loss (b) Income tax on item (a) above | (30) | (4) | (2) | (46) | (4) |
| (2) Items that will be reclassified subsequently to profit or loss (a) Effective portion of (loss) / gain on derivative designated as cash flow hedge | (113) | (40) | 41 | (330) | (88) |
| (2) Items that will be reclassified subsequently to profit or loss (b) (Loss) due to changes in intrinsic value of derivatives designated as cash flow hedge | (20) | – | – | (20) | – |
| (2) Items that will be reclassified subsequently to profit or loss (c) (Loss) due to changes in time value of derivatives designated as cash flow hedge | (9) | – | – | (9) | – |
| (2) Items that will be reclassified subsequently to profit or loss (d) Effective portion of gain / (loss) on of derivatives designated as cash flow hedge reclassified to profit or loss | 68 | 62 | (1) | 180 | 23 |
| (2) Items that will be reclassified subsequently to profit or loss (e) Income tax on items (a), (b), (c) & (d) above | 18 | (5) | (11) | 45 | 16 |
| (2) Items that will be reclassified subsequently to profit or loss (f) Share of loss of associate (net of taxes) recognised in other comprehensive income | 5 | (1) | 0 | 11 | (1) |
| (2) Items that will be reclassified subsequently to profit or loss (g) Exchange differences on translation of foreign operations | 144 | 58 | 20 | 353 | (12) |
| Total other comprehensive income / (loss) | 178 | 86 | 55 | 366 | (50) |
| Total Comprehensive Income (9+10) | 1,336 | 1,087 | 610 | 3,234 | 2,156 |
| Profit / (Loss) for the period / year attributable to Owners of the parent | 1,178 | 1,026 | 548 | 2,922 | 2,230 |
| Profit / (Loss) for the period / year attributable to Non-controlling Interest | (20) | (25) | 7 | (54) | (24) |
| Total | 1,158 | 1,001 | 555 | 2,868 | 2,206 |
| Other comprehensive income / (loss) for the period / year attributable to Owners of the parent | 178 | 86 | 55 | 366 | (50) |
| Other comprehensive income / (loss) for the period / year attributable to Non-controlling Interest* | – | 0 | 0 | 0 | 0 |
| Total | 178 | 86 | 55 | 366 | (50) |
| Total comprehensive income / (loss) for the period / year attributable to Owners of the parent | 1,356 | 1,112 | 603 | 3,288 | 2,180 |
| Total comprehensive income / (loss) for the period / year attributable to Non-controlling Interest | (20) | (25) | 7 | (54) | (24) |
| Total | 1,336 | 1,087 | 610 | 3,234 | 2,156 |
| Paid-up Equity Share Capital (Face value of Rs 1 each) Amount | 172 | 142 | 31 | 172 | 31 |
| Other Equity Amount | 31,677 | – | – | 31,677 | 17,501 |
| Earnings Per Share for the period / year (Rupees per share) Basic EPS** | 7.07 | 6.40 | 3.54 | 18.20 | 14.49 |
| Earnings Per Share for the period / year (Rupees per share) Diluted EPS** | 6.73 | 5.77 | 3.26 | 17.19 | 13.36 |
| Particulars | As at March 31, 2026 (Audited) | As at March 31, 2025 (Audited) |
|---|---|---|
| ASSETS | ||
| (A) Non-current assets | ||
| (a) Property, plant and equipment | 821 | 316 |
| (b) Right-of-use assets | 1,217 | 1,602 |
| (c) Goodwill | 3,854 | 3,582 |
| (d) Other intangible assets | 1,757 | 1,370 |
| (e) Intangible assets under development | 356 | 137 |
| (f) Investment accounted for using the equity method | 3,566 | 4,258 |
| (g) Financial assets (i) Investments | 68 | 64 |
| (g) Financial assets (ii) Loans | 349 | – |
| (g) Financial assets (iii) Other financial assets – Bank deposits | 9 | 9 |
| (g) Financial assets (iii) Other financial assets – Others | 188 | 181 |
| (h) Deferred tax assets (net) | 1,219 | 561 |
| (i) Income tax assets (net) | 315 | 188 |
| (j) Other non-current assets | 23 | 62 |
| Total non-current assets (A) | 13,742 | 12,330 |
| (B) Current assets | ||
| (a) Financial assets (i) Investments | 8,741 | 5,614 |
| (a) Financial assets (ii) Trade receivables | 7,102 | 5,848 |
| (a) Financial assets (iii) Cash and cash equivalents | 2,067 | 2,649 |
| (a) Financial assets (iv) Bank balances other than (iii) above | 9,585 | 234 |
| (a) Financial assets (v) Loans | – | 303 |
| (a) Financial assets (vi) Other financial assets – Bank deposits | 118 | – |
| (a) Financial assets (vi) Other financial assets – Others | 591 | 39 |
| (b) Other current assets | 2,125 | 1,559 |
| Total current assets (B) | 30,329 | 16,246 |
| Total assets (A+B) | 44,071 | 28,576 |
| EQUITY AND LIABILITIES | ||
| (C) Equity (a) Share capital | 172 | 31 |
| (C) Equity (b) Other equity | 31,677 | 17,501 |
| Equity attributable to owners of the Company | 31,849 | 17,532 |
| (c) Non-controlling interest | 14 | 122 |
| Total equity (C) | 31,863 | 17,654 |
| (D) Liabilities | ||
| (E) Non-current liabilities | ||
| (a) Financial liabilities (i) Borrowings | – | 2,577 |
| (a) Financial liabilities (ii) Lease liabilities | 921 | 1,272 |
| (a) Financial liabilities (iii) Other financial liabilities | 408 | 450 |
| (b) Provisions | 69 | 188 |
| (c) Deferred tax liabilities | 688 | 688 |
| Total non-current liabilities (E) | 2,086 | 5,175 |
| (F) Current liabilities | ||
| (a) Financial liabilities (i) Borrowings | 2,860 | 85 |
| (a) Financial liabilities (ii) Lease liabilities | 403 | 356 |
| (a) Financial liabilities (iii) Trade payables – Total outstanding dues of micro and small enterprises | 95 | 102 |
| (a) Financial liabilities (iii) Trade payables – Total outstanding dues of creditors other than micro and small enterprises | 1,261 | 518 |
| (a) Financial liabilities (iv) Other financial liabilities | 3,092 | 2,913 |
| (b) Other current liabilities | 2,023 | 1,647 |
| (c) Provisions | 160 | 64 |
| (d) Current tax liabilities (net) | 228 | 62 |
| Total current liabilities (F) | 10,122 | 5,747 |
| Total liabilities (D=E+F) | 12,208 | 10,922 |
| Total Equity and Liabilities (C+D) | 44,071 | 28,576 |
| Particulars | Year ended March 31, 2026 Audited | Year ended March 31, 2025 Audited |
|---|---|---|
| (A) Cash flows from operating activities | ||
| Profit before tax expense | 3,067 | 2,380 |
| Adjustment for: | ||
| Depreciation and amortisation expense | 928 | 683 |
| Depreciation on right of use assets | 430 | 340 |
| Finance costs | 462 | 572 |
| Interest income on bank deposits and loan to directors | (106) | (42) |
| Gains (net) on investments mandatorily measured at fair value through profit or loss / redemption / sale of financial instruments | (424) | (276) |
| Fair value loss (net) on derivative contracts carried at fair value through profit or loss | 156 | 65 |
| Interest income on unwinding of security deposits | (16) | (13) |
| Groups share of losses in an associate | 703 | 297 |
| Remeasurement gain of retained interest in associate | – | (297) |
| (Gain) on early termination of leases | (2) | – |
| (Gain) on sale of property plant and equipment | (3) | – |
| Impairment in value of intangible assets under development | – | 27 |
| Unrealised foreign exchange (gain) (net) | (125) | (84) |
| Employee stock option expense | 634 | 798 |
| Provision for tax settlement | – | (59) |
| Bad Debts | 24 | 23 |
| Provision for expected credit loss and doubtful advances | (29) | 17 |
| Operating cash flows before working capital changes | 5,699 | 4,431 |
| Adjustment for changes in working capital: | ||
| (Increase) in trade receivables | (1,068) | (452) |
| (Increase) in other current financial assets | (541) | (11) |
| Decrease / (Increase) in other non current financial assets | 8 | (46) |
| (Increase) in other current assets | (330) | (135) |
| (Increase) in other non current assets | (6) | (5) |
| Increase in trade payables | 708 | 108 |
| (Decrease) / Increase in other non current financial liabilities | (61) | 120 |
| Increase in other current financial liabilities | 34 | 309 |
| Increase / (Decrease) in provisions | 149 | (9) |
| Increase in other current liabilities | 246 | 217 |
| Cash generated from operations | 4,838 | 4,527 |
| Tax paid (net of refunds) | (748) | (557) |
| Net cash generated from operating activities | 4,090 | 3,970 |
| (B) Cash flows from investing activities | ||
| Payment for purchase of property, plant and equipment and intangible assets | (2,187) | (828) |
| Payment towards investment in equity shares | – | (15) |
| Investment in bank deposits (net) | (9,468) | (167) |
| Purchase of mutual fund units | (14,586) | (7,308) |
| Maturity proceeds on redemption of mutual fund units | 11,956 | 6,482 |
| Interest on bank deposits | 62 | 26 |
| Net cash (used in) investing activities | (14,223) | (1,810) |
| (C) Cash flows from financing activities | ||
| Proceeds from issue of equity shares and share application money pending allotment | 10,734 | 501 |
| Proceeds from issue of equity shares issued by subsidiary company to Non controlling interest | 51 | – |
| Repayment of lease liabilities | (507) | (371) |
| Repurchase of employee stock option by subsidiary | (50) | – |
| Purchase of shares from non-controlling interest | (489) | – |
| Interest paid during the year | (273) | (314) |
| Repayments of borrowing | (88) | (40) |
| Net cash generated from / (used in) financing activities | 9,378 | (224) |
| Net (Decrease) / Increase in cash and cash equivalents (A+B+C) | (755) | 1,936 |
| Cash and cash equivalents at the beginning of the year | 2,649 | 812 |
| Effect of exchange rate changes | 173 | (99) |
| Cash and cash equivalents at the end of the year | 2,067 | 2,649 |
| Particulars | Three months ended March 31, 2026 Audited | December 31, 2025 Unaudited | March 31, 2025 Unaudited | Year ended March 31, 2026 Audited | March 31, 2025 Audited |
|---|---|---|---|---|---|
| Segment Revenue Fractal.ai | 8,644 | 8,362 | 7,382 | 32,190 | 27,037 |
| Segment Revenue Fractal Alpha | 244 | 214 | 203 | 908 | 644 |
| Segment Revenue Intersegment elimination | (25) | (32) | (10) | (101) | (27) |
| Segment Revenue Total | 8,863 | 8,544 | 7,575 | 32,997 | 27,654 |
| Segment result Fractal.ai | 1,905 | 1,327 | 1,283 | 5,409 | 3,788 |
| Segment result Fractal Alpha | (60) | (44) | (50) | (170) | (283) |
| Segment result Unallocated | (43) | 2 | 47 | (156) | (6) |
| Segment result Total | 1,802 | 1 |