Key Financial Figures - Consolidated Results (Q1 FY27)

  • Revenue from operations: Rs 9,125 million (Q1 FY26: Rs 7,605 million)
  • Other income: Rs 196 million (Q1 FY26: Rs 144 million)
  • Total income: Rs 9,321 million (Q1 FY26: Rs 7,749 million)
  • Employee benefits expense: Rs 6,319 million (Q1 FY26: Rs 5,541 million)
  • Employee stock option expense: Rs 112 million (Q1 FY26: Rs 89 million)
  • Finance costs: Rs 88 million (Q1 FY26: Rs 118 million)
  • Depreciation and amortization: Rs 398 million (Q1 FY26: Rs 300 million)
  • Other expenses: Rs 1,265 million (Q1 FY26: Rs 948 million)
  • Profit before share of loss of associate, exceptional items and tax: Rs 1,139 million (Q1 FY26: Rs 753 million)
  • Share of loss of associate: Rs (234) million (Q1 FY26: Rs (223) million)
  • Exceptional items (net): Rs 69 million (related to statutory impact of new Labour Codes)
  • Tax expense: Rs 251 million (current tax: Rs 247 million, deferred tax: Rs 4 million)
  • Profit after tax: Rs 723 million (Q1 FY26: Rs 377 million)
  • Total comprehensive income: Rs 862 million (Q1 FY26: Rs 421 million)
  • Basic EPS: Rs 4.31 (Q1 FY26: Rs 2.41)
  • Diluted EPS: Rs 4.09 (Q1 FY26: Rs 2.31)
  • Paid-up equity share capital: Rs 172 million (face value Rs 1 each)

Key Financial Figures - Standalone Results (Q1 FY27)

  • Revenue from operations: Rs 5,060 million (Q1 FY26: Rs 4,217 million)
  • Other income: Rs 225 million (Q1 FY26: Rs 169 million)
  • Total income: Rs 5,285 million (Q1 FY26: Rs 4,386 million)
  • Employee benefits expense: Rs 3,483 million (Q1 FY26: Rs 3,111 million)
  • Employee stock option expense: Rs 86 million (Q1 FY26: Rs 61 million)
  • Finance costs: Rs 30 million (Q1 FY26: Rs 50 million)
  • Depreciation and amortization: Rs 196 million (Q1 FY26: Rs 140 million)
  • Other expenses: Rs 573 million (Q1 FY26: Rs 482 million)
  • Exceptional items (net): Rs 67 million (related to statutory impact of new Labour Codes)
  • Tax expense: Rs 231 million (current tax: Rs 220 million, deferred tax: Rs 11 million)
  • Profit after tax: Rs 753 million (Q1 FY26: Rs 406 million)
  • Total comprehensive income: Rs 810 million (Q1 FY26: Rs 393 million)
  • Basic EPS: Rs 4.38 (Q1 FY26: Rs 2.60)
  • Diluted EPS: Rs 4.16 (Q1 FY26: Rs 2.43)
  • Paid-up equity share capital: Rs 172 million (face value Rs 1 each)

Business Transfer Update

  • Reference: Intimation filed on March 21, 2026 regarding sale and transfer of identified business units on slump-sale basis to Analytics Vidhya Educon Private Limited (AVEPL)
  • Change approved: Effective date of Business Transfer Agreement revised from April 1, 2026 to May 1, 2026 due to implementation and operational reasons
  • Revised consideration: Aggregate consideration revised from INR 10.9 crore to INR 11.6 crore due to updated valuation/closing adjustments
  • Relationship: AVEPL is a wholly owned subsidiary of the Company and does not belong to the Promoter/Promoter Group
  • Transaction nature: Related party transaction conducted at arm's length basis
  • Business units transferred: EdTech, Fractal Analytics Academy (FAA), and Iqigai.ai
  • Financial impact of transferred units (as of March 31, 2026):
  • EdTech: Turnover Rs 2.5 crore, Net Worth Rs (1.0) crore
  • FAA: Turnover Nil, Net Worth Nil
  • Iqigai.ai: Turnover Nil, Net Worth Rs 9.2 crore
  • Represents 0.1% of standalone turnover and (0.0%) of standalone net worth

Segment Performance (Consolidated)

  • Fractal.ai segment: Revenue Rs 8,942 million, Segment result Rs 1,577 million
  • Fractal Alpha segment: Revenue Rs 240 million, Segment result Rs (148) million
  • Intersegment elimination: Rs (57) million

Additional Information

  • Board meeting timing: Commenced at 8:00 p.m. IST and concluded at 8:31 p.m. IST on July 23, 2026
  • IPO utilization status (as of June 30, 2026):
  • Total proceeds: Rs 9,593 million
  • Amount utilized: Rs 2,702 million
  • Amount remaining unutilized: Rs 6,891 million
  • Specific utilization:
  • Fractal USA borrowing repayment: Rs 2,649 million (fully utilized)
  • Laptop purchase: Rs 53 million utilized of Rs 571 million allocated
  • New office premises: Rs 0 utilized of Rs 1,211 million allocated
  • R&D and marketing: Rs 0 utilized of Rs 3,551 million allocated
  • Inorganic growth: Rs 0 utilized of Rs 1,611 million allocated
  • Capital structure changes:
  • Bonus issue in ratio 1:4 on July 29, 2025
  • Conversion of CCPS to equity shares of 22,618,020 shares approved on January 23, 2026
  • IPO completed on February 16, 2026 with issue of 31,523,948 equity shares at Rs 900 per share

Auditor's Limited Review

  • B S R & Co. LLP issued unmodified review reports for both consolidated and standalone financial results
  • Review conducted in accordance with SRE 2410 issued by ICAI
  • Figures for Q1 FY25 were compiled by management and not reviewed by auditors
  • Consolidated results include 21 subsidiaries not reviewed but considered not material to the Group