Key Financial Results (Consolidated)
- Operating Revenue: ₹912.5 Crore (₹9,125 million), representing 20% year-on-year (YoY) growth
- Net Income: ₹72.3 Crore (₹723 million), representing 92% YoY growth
- Gross Margin: 46%, an increase of 29 basis points year-on-year
- Adjusted EBITDA Margin: 17%, an expansion of 189 basis points year-on-year
- Adjusted EBITDA Growth: 35% YoY (absolute figure not disclosed)
Industry Performance Breakdown
Revenue growth was driven by strong performance across most verticals:
- Healthcare and Life Sciences (HLS): 69% YoY growth, now the second largest industry in the portfolio
- Banking, Financial Services and Insurance (BFSI): 36% YoY growth
- Consumer Packaged Goods and Retail (CPGR): 19% YoY growth (remains the largest industry)
- Technology, Media & Telecommunications (TMT): 22% YoY decline
Operational Metrics
- Net Revenue Retention: 117% in Q1 FY27 (measures revenue retention and expansion from existing clients)
- Net Promoter Score (NPS): 77 for the period
Management Commentary
Srikanth Velamakanni, Group CEO and Executive Vice-Chairman, commented:
- Enterprises are allocating transformation budgets to AI, reflected in larger deal sizes
- Excluding TMT, the business grew 35% year-on-year, representing underlying demand
- Data sovereignty priorities and improving open-weight models create need for partners who work across models and infrastructure
- Company has invested heavily in people, research, and intellectual property to be that partner
Company Background
Fractal Analytics Ltd is a pure-play enterprise AI company serving Fortune 500-sized enterprises. Key details:
- Over 6,000 professionals across North America, EMEA, and Asia-Pacific
- Invests more than 6% of revenue in AI R&D
- Flagship platform: Cogentiq (agentic AI platform)
- Proprietary products include: Cogentiq Health (Vaidya.ai), Cogentiq Data Science (PiEvolve)
- Incubated and spun out Qure.ai (healthcare AI leader)
- Other businesses: Asper.ai (Revenue Growth Management for CPG), Analytics Vidhya (Ed-tech platform)
Definitions
- Basis points = 1/100th of 1%
- Net Revenue Retention: Measures how effectively the company retains and expands revenue from existing clients over a defined period, calculated by comparing current period's revenue from clients who existed at the start of the period with their revenue in the previous period (including upsells, cross-sells and contractions)
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