Key Financial Performance - Q2 FY27
Revenue: ₹9,565 million, up 20% YoY from ₹7,985 million in Q2 FY26
Net Income: ₹792 million, up 139% YoY from ₹332 million
Gross Profit: ₹4,205 million (44.0% margin), down 225 bps from 46.2% in Q2 FY26
Adjusted EBITDA: ₹1,549 million (16.2% margin), up 123 bps from 15.0%
Diluted EPS: ₹4.71, up 119% YoY from ₹2.15
R&D Expense: ₹397 million (4.1% of revenue)
Cash & Equivalents: ₹17,277 million
Long-term Debt: Zero
Key Financial Performance - H1 FY27
Revenue: ₹18,690 million, up 20% YoY from ₹15,590 million
Net Income: ₹1,515 million, up 114% YoY from ₹709 million
Gross Profit: ₹8,375 million (44.8% margin), down 101 bps from 45.8%
Adjusted EBITDA: ₹3,086 million (16.5% margin), up 155 bps from 15.0%
Diluted EPS: ₹9.03, up 98% YoY from ₹4.55
Business Segment Performance
Fractal.ai Segment: Net Revenue Retention (NRR) calculated in INR, client NPS at 76
Fractal Alpha Segment: Showing robust growth with margin impact from Analytics Vidhya's shift to enterprise clients and Asper momentum building into H2
Products Portfolio: Annual run-rate of ₹150+ Crores, up 39% YoY with remaining performance obligation of ₹200+ Crores
Revenue Breakdown
Q2 FY27 by Industry: TMT 17.9%, BFSI 13.6%, CPGR, HLS, Others (energy, travel, industrials)
Q2 FY27 by Geography: Based on client billing location - US, UK, Europe, Australia, Middle East focus
H1 FY27 by Industry: Similar distribution pattern maintained
Operational Metrics
Client Satisfaction: Net Promoter Score of 76 (scores above 40 considered great for B2B brands)
Cash Flow: CFO as 62% of Adjusted EBITDA
Employee Programs: Iqigai.ai hiring platform, Imagineer campus program, Crossover career change program, return from career break program
Workforce Development: Internal training academy (FAA), Analytics Vidhya, leadership programs
Strategic Initiatives
Growth Strategy: Focus on MWCs (Major World Companies) in US, UK, Europe, Australia & Middle East
Partnership Approach: Collaboration with technology companies for client acquisition and expansion
Acquisition Principles: Focus on AI/engineering expertise, vertical depth, capabilities expansion, and growth synergies
ESG Commitments: Net zero emissions target by or before 2040, CDP climate rating 'B' for 3 consecutive years
Corporate Recognition
Industry Awards: Key Vendor in Gartner Market Overviews for Analytics and Decision-Making Platforms for Supply Chain 2026 and Retail Assortment Management Applications 2026
Workplace Recognition: Great Place to Work certified for 10 years in India, India's Best Companies to Work For 2026, Top 50 Best Workplaces for Women 2026
Legal Recognition: Legal Team of the Year in India, 2025
Capital Structure
Share Capital: 173,619,366 shares outstanding
ESOPs: 11,751,128 options at weighted average strike price ₹481 (potential cash inflow ₹5,653m on exercise)
Other Instruments: 2,528,400 options at ₹207 strike price, 9,611,517 options at ₹198 strike price
Total Potential Dilution: 197,510,411 fully diluted shares excluding reserved, not granted count of 1,909,543
Forward-looking Statements
The presentation contains forward-looking statements subject to risks including business strategy execution, US client concentration, talent retention, wage increases, economic uncertainties, geopolitical situations, technological disruption, regulatory changes, immigration regulations, capital raising restrictions, and intellectual property protection.