Integrated Filing — IndAS



General information about company

Scrip Code 544700
NSE Symbol FRACTAL
MSEI Symbol NOTLISTED
ISIN INE212S01015
Name of company Fractal Analytics Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 05-03-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment The Company publishes these standalone financial results along with the consolidated financial results. In accordance with Ind AS 108, Operating Segments, the Company has disclosed the segment information in the consolidated financial results.
Start date and time of board meeting 05-03-2026   19:32:00
End date and time of board meeting 05-03-2026   20:01:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The Company does not have any loans or debt securities and hence it is not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 48,890.00 1,35,350.00
Other income 210.00 3,520.00
Total income 49,100.00 1,38,870.00
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 33,760.00 96,630.00
(e) Finance costs 390.00 1,320.00
(f) Depreciation, depletion and amortisation expense 1,980.00 5,010.00
(f) Other Expenses
1 Employee stock option expense 1,250.00 3,200.00
2 Other expenses 5,160.00 15,250.00
Total other expenses 6,410.00 18,450.00
Total expenses 42,540.00 1,21,410.00
3 Total profit before exceptional items and tax 6,560.00 17,460.00
4 Exceptional items (350.00) (2,440.00)
5 Total profit before tax 6,210.00 15,020.00
6 Tax expense
7 Current tax 1,410.00 3,920.00
8 Deferred tax (130.00) (210.00)
9 Total tax expenses 1,280.00 3,710.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 4,930.00 11,310.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 4,930.00 11,310.00
17 Other comprehensive income net of taxes 290.00 (280.00)
18 Total Comprehensive Income for the period 5,220.00 11,030.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,420.00 1,420.00
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.08 7.13
Diluted earnings (loss) per share from continuing operations 2.77 6.36
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.08 7.13
Diluted earnings (loss) per share from continuing and discontinued operations 2.77 6.36
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. In terms of Regulation 33 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, this Statement of Unaudited Standalone Financial Results for the three months and nine months ended December 31, 2025 (Standalone Financial Results) of Fractal Analytics Limited (the Company) (formerly known as Fractal Analytics Private Limited) have been reviewed by the Audit Committee and approved by the Board of Directors in their respective meeting held on March 05, 2026. The statutory auditors have issued an unmodified review report on the above unaudited standalone financial results. 2. The unaudited standalone financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 (Ind AS 34) ''Interim Financial Reporting specified under Section 133 of the Companies Act, 2013, as amended, read with the Companies (Indian Accounting Standards Rules), 2015, as amended and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended (Listing Regulations). 3. The unaudited standalone financial results for the three months ended September 30, 2025, three months ended December 31, 2024 and nine months period ended December 31, 2024 are compiled by the management and approved by the Board of Directors of the Company. The statutory auditors have not audited or carried out limited review of the aforesaid standalone financial results. 4. The Company publishes these standalone financial results along with the consolidated financial results. In accordance with Ind AS 108, Operating Segments, the Company has disclosed the segment information in the consolidated financial results. 5. Exceptional items gain/(loss) includes: (a) Impairment in value of investments and recoverable from subsidiaries for the three months ended December 31, 2025 : Rs (16) Mn (Three months ended September 30, 2025 : Rs (184) Mn, Three months ended December 31, 2024 : Rs (34) Mn, Nine months ended December 31, 2025 : Rs (200) Mn, Nine months ended December 31, 2024 : Rs (95) Mn and Year ended March 31, 2025 : Rs 8 Mn) (b) Receivable balances from subsidiaries written off for the three months ended December 31, 2025 : Rs Nil (Three months ended September 30, 2025 : Rs Nil, Three months ended December 31, 2024 : Rs Nil, Nine months ended December 31, 2025 : Rs Nil, Nine months ended December 31, 2024 : Rs Nil and Year ended March 31, 2025 : Rs (106) Mn) (c) Share of upside consideration expense for the three months ended December 31, 2025 : Rs 25 Mn (Three months ended September 30, 2025 : Rs (25) Mn, Three months ended December 31, 2024 : Rs Nil, Nine months ended December 31, 2025 : Rs Nil, Nine months ended December 31, 2024 : Rs Nil and Year ended March 31, 2025 : Rs Nil) (d) Statutory impact of new Labour Codes (refer note 7 below) for the three months ended December 31, 2025 : Rs (44) Mn (Three months ended September 30, 2025 : Rs Nil, Three months ended December 31, 2024 : Rs Nil, Nine months ended December 31, 2025 : Rs (44) Mn, Nine months ended December 31, 2024 : Rs Nil and Year ended March 31, 2025 : Rs Nil) 6. During the nine months period ended December 31, 2025, the Company issued bonus shares in accordance with Section 63 of the Companies Act, 2013 in the ratio of 1:4 (for every one equity share four bonus shares were issued) to all equity shareholders with equity shares on July 29, 2025 as approved by shareholders. Consequently, assuming conversion of Compulsorily Convertible Preference Shares (CCPS) into Equity Shares, 4,523,604 outstanding CCPS will be converted into 22,618,020 equity shares in accordance with the terms of the shareholder agreement. Subsequent to the period ended December 31, 2025, the Board of Directors in its meeting on January 23, 2026 has approved the conversion of Compulsorily Convertible Preference Shares (CCPS) into equity shares. Accordingly, the CCPS holders were issued 22,618,020 equity shares in lieu of the CCPS held by them. The weighted average number of shares for the three months and nine months ended December 31, 2024 and year ended March 31, 2025 have been adjusted to reflect the impact of the above as per Ind AS 33. 7. On November 21, 2025, the Ministry of Labour & Employment has enacted the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the “Labour Codes”). The Labour Codes consolidate various existing labour laws and introduce changes, including a harmonised definition of wages, which impacts the computation of employee benefit obligations such as gratuity and compensated absences. Based on the information currently available and the guidance issued by the Institute of Chartered Accountants of India, the Company has evaluated the impact of these changes and recognised an incremental cost of Rs 44 million as Statutory impact of new Labour Codes under Exceptional Items for the three months and nine months ended December 31, 2025. The Company continues to monitor developments relating to the Labour Codes and will assess the impact, if any, on the measurement of employee benefit liabilities in future periods. 8. During the three months and nine months ended December 31, 2025, the Board of Directors in its meeting on November 21, 2025 has approved purchase of balance stake of 44.08% on paid-up capital basis of Analytics Vidhya Educon Private Limited for a consideration of Rs 487 million. The share purchase agreement has been executed on November 22, 2025 and it has become a 100% subsidiary of the Company effective this date. 9. Subsequent to the period ended December 31, 2025, the Company has completed its Initial Public Offer (IPO) of 31,523,948 equity shares of face value of Rs 1 each at an issue price of Rs 900 per share (including a share premium of Rs 899 per share). A discount of Rs 85 per share was offered to eligible employees bidding in the employee reservation portion of 383,008 equity shares. The issue comprised of a fresh issue of 11,408,394 equity shares aggregating to Rs 10,235 million and offer for sale of 20,115,554 equity shares by selling shareholders aggregating to Rs 18,104 million. Pursuant to the IPO, the equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on February 16, 2026. 11. The above Unaudited Standalone Financial Results of the Company are available on the Company's website www.fractal.ai and also that of NSE (www.nseindia.com) and BSE (www.bseindia.com).



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of defined employee benefit plans 160.00 670.00
Total Amount of items that will not be reclassified to profit and loss 160.00 670.00
2 Income tax relating to items that will not be reclassified to profit or loss 40.00 170.00
3 Amount of items that will be reclassified to profit and loss
1 Effective portion of gains on derivatives designated as cash flow hedge (400.00) (2,170.00)
2 Effective portion of gains on derivatives designated as cash flow hedge reclassified to profit or loss 620.00 1,120.00
Total Amount of items that will be reclassified to profit and loss 220.00 (1,050.00)
4 Income tax relating to items that will be reclassified to profit or loss 50.00 (270.00)
5 Total Other comprehensive income 290.00 (280.00)