NSEPress Release2d ago · 4 Nov 2026, 12:36 am
Press Release
Fractal Analytics Limited · FRACTAL
✦ AI Summary▲ PositiveResults
Fractal Analytics Limited reported its consolidated financial results for Q2 FY27, with revenue of Rs 956.5 Cr, a growth of 20% YoY and 10% in constant currency terms YoY. The company's Net Income grew 139% YoY to Rs 79.2 Cr, and Adjusted EBITDA Margin expanded by 123 bps YoY to 16%. Fractal's focus on deepening customer relationships continues to yield good outcomes, with clients collectively increasing their spending with the company, as reflected in the Net Revenue Retention of 115% in Q2.
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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
In continuation of our intimation dated November 03, 2026, regarding the outcome of the Board meeting on the Unaudited Consolidated and Standalone Financial Results for the quarter and six months ended September 30, 2026, please find the enclosed copy of Press Release being issued by the Company.
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Ref./No./FRACTAL/SE/2026-27/069
Date: November 4, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Dalal Street, Fort,
Bandra (East), Mumbai 400051 Mumbai 400 001
Maharashtra, India Maharashtra, India
Scrip Symbol: FRACTAL Scrip Code: 544700
Sub: Press Release on the Unaudited Consolidated and Standalone Financial Results for the quarter
and six months ended September 30, 2026
Dear Ma’am / Sir,
In continuation of our intimation dated November 03, 2026, regarding the outcome of the Board meeting on
the Unaudited Consolidated and Standalone Financial Results for the quarter and six months ended
September 30, 2026, please find the enclosed copy of Press Release being issued by the Company.
This disclosure and the Press Release will also be hosted on the Company’s website at:
https://fractal.ai/investor-relations
Kindly take the same on records and arrange to bring this to the notice of all concerned.
Thanking you.
Yours sincerely,
For Fractal Analytics Limited
Somya Agarwal
Company Secretary and Compliance Officer
Membership No: A17336
Encl: a/a
Fractal Analytics Limited (formerly known as Fractal Analytics Private Limited)
CIN: L72400MH2000PLC125369
Registered address:
Level 7, Commerz II, International Business Park, Oberoi Garden City,
Off W. E. Highway Goregaon (E), Mumbai - 400063, Maharashtra, India.
W: www.fractal.ai | P: +91 22 6850 5800 | E: investorrelations@fractal.ai
Press Release India
Fractal delivers its first ever $100 million revenue quarter, reports EBITDA
growth of 71% YoY
Fractal Q2 Net Income Jumps 139% on revenue growth of 20%
Mumbai | November 3, 2026: Fractal Analytics Ltd (BSE: 544700, NSE: FRACTAL), an enterprise AI
company that builds its own AI models, platforms and products for Fortune 500® organizations,
announced its consolidated financial results for Q2 FY27, ending September 30, 2026.
In Q2 FY27, the Company reported consolidated operating revenue of Rs 956.5 Cr, a growth of 20%
year on year (YoY) and 10% in constant currency terms YoY. Revenue growth was led by the
company’s Healthcare and Life Sciences (HLS) industry, which clocked 79% growth YoY. Banking,
Financial Services and Insurance (BFSI) also performed very well, growing 30% YoY in Q2 and the
company has delivered strong sustained growth in HLS and BFSI over the last several quarters.
Fractal’s largest industry vertical, Consumer Packaged Goods and Retail (CPGR), grew 11% YoY. TMT
saw strong sequential recovery with 6% QoQ growth. Fractal’s products, including the Cogentiq
agentic AI platform, reached an annual revenue run-rate of over Rs 150 Cr, up 39% YoY.
Fractal’s focus on deepening customer relationships continues to yield good outcomes. Its clients
collectively increased their spending with the company, as reflected in the Net Revenue Retention1
of 115% in Q2. Further, its Net Promoter Score (NPS) during the period stood at 76.
The company reported improved profit margins at all levels. Adjusted EBITDA Margin expanded by
123 bps2 YoY to 16%. Net Income grew 139% YoY to Rs 79.2 Cr.
Commenting on the performance, Srikanth Velamakanni, Co-founder and Group CEO said:
“AI models are getting more capable every week and cheaper every quarter. Within the next few
quarters, we will cross a threshold where it becomes irresponsible and downright risky for
companies to leave their most important decisions unchanged. We are building Fractal for that
moment, and this quarter shows it: revenue crossed $100 million and net income more than
doubled.”
About Fractal
Fractal Analytics Ltd (BSE: 544700, NSE: FRACTAL) is an enterprise AI company with a vision to
power every human decision in the enterprise. Fractal builds AI models, platforms and products,
and engineers them into the critical decisions of Fortune 500® organizations. Fractal’s strategy is
focused on three pillars: AIT, which rebuilds business workflows and decisions with AI; AIF, which
builds the trusted, governed data and knowledge layer that enterprise AI reasons with; and AIW,
which helps organizations redesign work, develop AI-ready talent, and build the capabilities
needed for the AI-native enterprise. All three pillars are powered by Cogentiq, Fractal’s flagship
agentic AI platform.
1 Net Revenue Retention in our Fractal.ai segment measures how effectively we retain and expand revenue from our existing clients over a
defined period and is calculated by comparing the current period’s revenue from the clients who existed at the start of the period, with their
revenue in the previous period - including the effects of upsells, cross-sells and contractions
2 Basis points = 1/100th of 1%
Press Release India
With over 6,000 professionals across North America, EMEA, and Asia-Pacific, Fractal partners with
business leaders to drive competitive differentiation for their organizations by embedding AI into
critical decisions across business functions and industry verticals.
Fractal invests more than 6% of its revenue in AI R&D, and its research team builds its own models,
including the Fathom reasoning models. Fractal was selected under the IndiaAI Mission to build a
large reasoning model for India. Its models and products include Vaidya.ai, whose Vaidya 2.0
model was the first to score above 50 on OpenAI’s HealthBench (hard), and PiEvolve. Fractal also
incubated and spun out Qure.ai, a global healthcare AI leader focused on the rapid identification
and management of tuberculosis, lung cancer, and stroke. Fractal’s businesses also include
Asper.ai (a Revenue Growth Management product for CPG companies) and Analytics Vidhya (an
Ed-tech platform).
For more information, go to www.fractal.ai.
Investor Relations Contact: investorrelations@fractal.ai | +91 22 6850 5800
Press Release Global
Fractal delivers its first ever $100 million revenue quarter, reports EBITDA
growth of 71% YoY
Fractal Q2 Net Income Jumps 139% on revenue growth of 20%
Mumbai | November 3, 2026: Fractal Analytics Ltd (BSE: 544700, NSE: FRACTAL), an enterprise AI
company that builds its own AI models, platforms and products for Fortune 500® organizations,
announced its consolidated financial results for Q2 FY27, ending September 30, 2026.
In Q2 FY27, the Company reported consolidated operating revenue of INR 9,565 m, a growth of 20%
year on year (YoY) and 10% in constant currency terms YoY. Revenue growth was led by the
company’s Healthcare and Life Sciences (HLS) industry, which clocked 79% growth YoY. Banking,
Financial Services and Insurance (BFSI) also performed very well, growing 30% YoY in Q2 and the
company has delivered strong sustained growth in HLS and BFSI over the last several quarters.
Fractal’s largest industry vertical, Consumer Packaged Goods and Retail (CPGR), grew 11% YoY. TMT
saw strong sequential recovery with 6% QoQ growth. Fractal’s products, including the Cogentiq
agentic AI platform, reached an annual revenue run-rate of over INR 1,500 m, up 39% YoY.
Fractal’s focus on deepening customer relationships continues to yield good outcomes. Its clients
collectively increased their spending with the company, as reflected in the Net Revenue Retention1
of 115% in Q2. Further, its Net Promoter Score (NPS) during the period stood at 76.
The company reported improved profit margins at all levels. Adjusted EBITDA Margin expanded by
123 bps2 YoY to 16%. Net Income grew 139% YoY to INR 792 m.
Commenting on the performance, Srikanth Velamakanni, Co-founder and Group CEO said:
“AI models are getting more capable every week and cheaper every quarter. Within the next few
quarters, we will cross a threshold where it becomes irresponsible and downright risky for
companies to leave their most important decisions unchanged. We are building Fractal for that
moment, and this quarter shows it: revenue crossed $100 million and net income more than
doubled.”
About Fractal
Fractal Analytics Ltd (BSE: 544700, NSE: FRACTAL) is an enterprise AI company with a v
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