Fractal Analytics share price
NSE: FRACTALBSE: 544700IT - SoftwareSmall Cap
Fractal Analytics Limited · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Feb 2026 · Issue price ₹900
Last close ₹754.25down ₹2.10 (0.28%)BSE ₹753.95
Share price at the NSE close on 28 Oct 2026. Previous close ₹756.35.
28 Oct: open ₹753.00, high ₹764.00, low ₹746.95
Range of traded prices from listing on 16 Feb 2026 to 28 Oct 2026
₹696.30Low, 12 Oct 2026₹1,118.00High, 12 May 2026
- Next results date: the board meets on 3 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹13,095 Cr414th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- No full year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 4.11
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Feb 2026
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.09
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 2,98,16654.7% delivered
About Fractal Analytics
Fractal Analytics is a Mumbai-based enterprise artificial intelligence (AI) company that designs, builds and delivers AI solutions for large global enterprises.12 Its services and products run on Cogentiq, its own AI platform, which connects AI agents to a company's data and systems to run business workflows.34
Products built on Cogentiq include Cogentiq CX for contact centres, Cogentiq Underwriting, Cogentiq Invoice to Cash and Cogentiq Health (Vaidya.ai) for clinical decisions.56 Its other brands include Asper.ai, which helps consumer goods companies bring pricing, promotions and demand planning together, and Analytics Vidhya, an AI learning platform.37 At the end of Mar 2026 it held 31.51% of Qure.ai, a healthcare AI company it set up in 2016 that has been an associate (a company it influences but does not control) since 13 Apr 2022.89
It works from 25 offices across 19 locations, including India, the United States, the UK, Ukraine, Singapore, the Middle East, the Netherlands and Australia.1011 It had 6,029 employees at the end of Jun 2026.12
Founded in 2000, it bought Neal Analytics, Asper.ai and Senseforth.ai outright during 2020-22.13 On 22 Nov 2025 it made Analytics Vidhya a wholly owned subsidiary by buying 41.46% of its fully diluted shares.14 Its promoters are Srikanth Velamakanni, its Whole-time Director and Group Chief Executive, and Pranay Agrawal, Chief Executive Officer of its subsidiary Fractal Analytics Inc.; promoters held 16.97% of its shares at the end of Mar 2026.151617
Fractal Analytics key points
Results
- In the quarter to Jun 2026, the group's revenue from operations was ₹9,125 million, up 20% from ₹7,605 million (9% in constant currency, without exchange-rate effects), and net income was ₹723 million, up 92% from ₹377 million.1819
- EBITDA (earnings before interest, tax, depreciation and amortisation) rose 54% to ₹1,460 million in the quarter to Jun 2026, a margin of 16.0% against 12.5%. Adjusted EBITDA, as the company presents it, rose 35% to ₹1,537 million, a margin of 16.8% against 15.0%.2021
- In the year to Mar 2026, consolidated revenue grew 19% to ₹32,997 million, all of it organic (none from acquisitions); EBITDA grew 23% to ₹4,899 million and profit after tax 30% to ₹2,868 million.2223
- At the end of Jun 2026, cash including mutual funds and fixed deposits was ₹16,378 million, including ₹6,891 million of initial public offering (IPO) money, net of offer expenses; IPO money repaid all its long-term debt in April 2026.2425
Business segments
- Fractal.ai. AI services and AI products, the products primarily hosted on Cogentiq. Fractal.ai's revenue grew 21% from a year earlier in the quarter to Jun 2026, 17 percentage points of it from existing clients.2627
- Fractal Alpha. Independent AI businesses under separate management, chiefly Asper.ai and Analytics Vidhya. In the quarter to Jun 2026, Fractal Alpha's revenue grew 20% like for like; its adjusted segment loss widened to ₹14 crore after Iqigai and edtech teams moved in.262829
- Share of Fractal.ai revenue by industry30From a year earlier, healthcare and life sciences revenue grew 69%, banking, financial services and insurance 36% and consumer goods and retail 19%, while technology, media and telecom fell 22%.
Item quarter to Jun 2026 Consumer goods and retail 37.8% Healthcare and life sciences 23.5% Technology, media and telecom 18.0% Banking, financial services and insurance 13.0% Other industries 7.7%
Where revenue comes from
- Share of Fractal.ai revenue by client billing location31From a year earlier, revenue from Europe grew 25% and from the Americas 24%, while Asia Pacific and others fell 2%.
Item quarter to Jun 2026 Americas 67.4% Europe 21.4% Asia Pacific and others 11.2%
Customers and partners
- Must Win Clients are enterprises with over US$10 billion of revenue, US$20 billion of market value or 30 million end customers. They gave 85% of revenue in the quarter to Jun 2026, against 79% a year earlier; the company served 104 on 31 Mar 2026.3233
- Top 10 clients gave 51.8% of revenue in the quarter to Jun 2026, down from 55.9% a year earlier, and clients with over $1 million of revenue over the year to Jun 2026 rose to 58 from 54.343536
- Net revenue retention, what existing Fractal.ai clients paid against a year earlier, was 117% in the quarter to Jun 2026, up from 108%, with 0% churn.37
- Its partners include Anthropic, OpenAI, Databricks, AWS, Google Cloud and Microsoft; it had 42 joint engagements with partners in the year to Jun 2026.38
Research and development
- In the quarter to Jun 2026, research and development (R&D) spending was ₹61 crore, 31% more than a year earlier and 6.7% of revenue; ₹41 crore of it, 4.5% of revenue, was expensed.3940
- Its AI research team released MarshallGoldsmith.ai, Vaidya.ai and the open-source reasoning model Fathom-R1-14B; in 2025 the Ministry of Electronics and Information Technology selected it to build India's foundation models (large AI models adaptable to many tasks) under the India AI Mission.4142
What the company expects
- On its earnings call of 24 Jul 2026, the company said it plans to raise R&D spending to as much as 10% of revenue, and only as its gross margins expand.43
- On its earnings call of 24 Jul 2026, the company said 42% of revenue came from output, outcome or licence pricing (paid for results or software use) and that it wants 60% over the next few quarters.44
Recent events
- Chief Financial Officer Ashwath Bhat resigned on 6 Jul 2026 for personal reasons and was relieved of his duties on 24 Jul 2026.45
- Its shares were listed on the NSE and BSE on 16 Feb 2026 after its IPO at an issue price of ₹900 a share, made up of 1,14,08,394 new shares and 2,01,15,554 shares sold by existing shareholders.4647
Litigation and regulatory matters
- A draft income tax order of 24 Mar 2026 for the year to Mar 2023 proposed ₹156.56 crore of transfer pricing and corporate tax additions, with no tax demand payable yet; the company said it would object, and its documents give no outcome.4849
- As of its filing of 18 Feb 2026, the Bombay High Court had on 16 Feb 2026 sent to arbitration Sumit Midha's suit for shares under 24,380 employee stock options he alleges had vested; he claims ₹16,42,30,791, which the company says is not payable.50
Last updated
All 50 sources, each with its page
- 1. Annual report, 24 Aug 2026, page 43
- 2. Annual report, 24 Aug 2026, page 74
- 3. Annual report, 24 Aug 2026, page 16
- 4. Investor presentation, 23 Jul 2026, page 26
- 5. Annual report, 24 Aug 2026, page 5
- 6. Annual report, 24 Aug 2026, page 23
- 7. Annual report, 24 Aug 2026, page 22
- 8. Annual report, 24 Aug 2026, page 59
- 9. Annual report, 24 Aug 2026, page 4
- 10. Annual report, 24 Aug 2026, page 49
- 11. Annual report, 24 Aug 2026, page 7
- 12. Investor presentation, 23 Jul 2026, page 25
- 13. Annual report, 24 Aug 2026, page 8
- 14. Annual report, 24 Aug 2026, page 51
- 15. Annual report, 24 Aug 2026, page 64
- 16. Annual report, 24 Aug 2026, page 11
- 17. Annual report, 24 Aug 2026, page 73
- 18. Investor presentation, 23 Jul 2026, page 40
- 19. Investor presentation, 23 Jul 2026, page 5
- 20. Investor presentation, 23 Jul 2026, page 40
- 21. Investor presentation, 23 Jul 2026, page 40
- 22. Annual report, 24 Aug 2026, page 15
- 23. Annual report, 24 Aug 2026, page 49
- 24. Investor presentation, 23 Jul 2026, page 13
- 25. Investor presentation, 23 Jul 2026, page 34
- 26. Annual report, 24 Aug 2026, page 141
- 27. Earnings call, 24 Jul 2026, page 5
- 28. Investor presentation, 23 Jul 2026, page 11
- 29. Earnings call, 24 Jul 2026, page 6
- 30. Investor presentation, 23 Jul 2026, page 8
- 31. Investor presentation, 23 Jul 2026, page 8
- 32. Annual report, 24 Aug 2026, page 43
- 33. Earnings call, 24 Jul 2026, page 5
- 34. Earnings call, 24 Jul 2026, page 4
- 35. Earnings call, 24 Jul 2026, page 5
- 36. Investor presentation, 23 Jul 2026, page 25
- 37. Earnings call, 24 Jul 2026, page 4
- 38. Investor presentation, 23 Jul 2026, page 16
- 39. Earnings call, 24 Jul 2026, page 6
- 40. Investor presentation, 23 Jul 2026, page 15
- 41. Exchange filing, 24 Mar 2026, page 3
- 42. Annual report, 24 Aug 2026, page 55
- 43. Earnings call, 24 Jul 2026, page 17
- 44. Earnings call, 24 Jul 2026, page 17
- 45. Annual report, 24 Aug 2026, page 50
- 46. Annual report, 24 Aug 2026, page 48
- 47. Annual report, 24 Aug 2026, page 55
- 48. Exchange filing, 26 Mar 2026, page 2
- 49. Exchange filing, 26 Mar 2026, page 2
- 50. Exchange filing, 18 Feb 2026, page 2
Results
Consolidated; ₹ crore.Fractal Analytics quarterly results
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹913 Crup 2.96%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹72 Crdown 37.56%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 7.9%
Revenue by quarter
Peak revenue ₹913 Cr, quarter to Jun 2026; lowest ₹854 Cr, quarter to Dec 2025
Net profit by quarter, a loss in red
| ₹ crore | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Revenue | 854 | 886 | 913 |
| Net profit | 100 | 116 | 72 |
| Net margin | 11.7% | 13.1% | 7.9% |
Consolidated. The 3 quarters from Dec 2025, the first on record. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026
- Revenue
- ₹3,300 Cr
- Net profit
- ₹287 Cr
- Net margin
- 8.7%
| ₹ crore | Mar 2026 |
|---|---|
| Revenue | 3,300 |
| Net profit | 287 |
| Net margin | 8.7% |
Consolidated. Years to March. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Fractal.aiFractal.ai, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,219 Cr97.3%
- Fractal AlphaFractal Alpha, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹91 Cr2.7%
Mutual fund holdings
71 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 2 of the 9 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 71 funds holding Fractal Analytics
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 39
- AddedAdded. Funds that held more shares than at the end of the month before.
- 9
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 22
| Fund | |||
|---|---|---|---|
 SBI Small Cap FundSBI Mutual Fund | 46,09,455 | 0.83% | ₹341.2 Cr |
 Sundaram Aggressive Hybrid FundSundaram Mutual Fund | 15,62,573 | 1.32% | ₹115.7 Cr |
| Sundaram Mid Cap FundSundaram Mutual Fund | 9,50,000 | 0.51% | ₹70.3 Cr |
 Aditya Birla Sun Life Large & Mid Cap FundAditya Birla Sun Life Mutual Fund | 6,60,182 | 0.87% | ₹48.9 Cr |
 ICICI Prudential Technology FundICICI Prudential Mutual Fund | 6,07,453 | 0.36% | ₹45.0 Cr |
| Sundaram Multi Asset Allocation FundSundaram Mutual Fund | 5,40,281 | 1.25% | ₹40.0 Cr |
 Baroda BNP Paribas Balanced Advantage FundBaroda BNP Paribas Mutual Fund | 5,22,000 | 0.75% | ₹38.6 Cr |
| Baroda BNP Paribas Multi Cap FundBaroda BNP Paribas Mutual Fund | 4,96,732 | 1.12% | ₹36.8 Cr |
 Invesco India Flexi Cap FundInvesco Mutual Fund | 4,43,720 | 0.60% | ₹32.8 Cr |
 JM Flexi Cap FundJM Financial Mutual Fund | 3,06,342 | 0.45% | ₹22.7 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 29 Oct 2025.Fractal Analytics insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade · 2 pledges created · 2 pledge filings of unclear kind
- Others: no market trade · 6 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
Fractal Analytics competitors and peers
Computers - Software & Consulting, 99 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Fractal Analytics in market cap.IT companies
Fractal Analytics is not on the chart: it has no P/E or return on equity today
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 MphasiSMPHASIS | 48,081 | 25.17 | 4.48 | +13.7% | +9.8% | 18.8% | 19.9% | 2.46% |
 Hexaware TechnologiesHEXT | 34,965 | 24.90 | 5.21 | +13.5% | +0.6% | 22.4% | 25.9% | 3.15% |
 Tata ElxsiTATAELXSI | 23,396 | 34.91 | 8.03 | +10.0% | −0.1% | 23.9% | 28.2% | 2.00% |
 KPIT TechnologiesKPITTECH | 15,146 | 28.36 | 4.11 | +9.2% | −30.9% | 15.4% | 20.9% | 1.36% |
 IDream Film Infrastructure CompanyIDREAM | 12,644 | 9,792.68 | – | – | – | – | – | 0.00% |
 Zensar TechnologiesZENSARTECH | 11,311 | 14.42 | 2.32 | +8.8% | +12.0% | 17.1% | 17.4% | 3.02% |
 ASM TechnologiesASMTEC | 10,010 | – | – | – | – | – | – | 0.34% |
 Rategain Travel TechnologiesRATEGAIN | 9,586 | 39.55 | 4.78 | +114.4% | +15.1% | 13.1% | 12.0% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Fractal Analytics announcements
Oct 2026
28 Oct · Analysts
23 Oct · Disclosure
22 Oct · General Updates
9 Oct · General Updates
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 755.75 | 764.55 | 746.05 | 756.35 | 755.60 | 1,86,329 | 27.5% |
| 26 Oct 2026 | 720.30 | 773.90 | 720.30 | 755.75 | 743.05 | 3,86,036 | 24.1% |
| 23 Oct 2026 | 750.00 | 759.60 | 720.60 | 728.40 | 739.51 | 8,11,255 | 52.2% |
| 22 Oct 2026 | 784.00 | 802.00 | 743.40 | 752.40 | 771.56 | 35,45,473 | 8.4% |
| 21 Oct 2026 | 713.40 | 828.70 | 710.90 | 785.90 | 765.12 | 1,37,10,880 | 6.5% |
| 19 Oct 2026 | 726.05 | 736.45 | 709.50 | 713.45 | 714.61 | 2,25,125 | 67.5% |
| 16 Oct 2026 | 732.55 | 743.70 | 721.55 | 736.95 | 731.47 | 1,63,511 | 52.7% |
| 15 Oct 2026 | 723.00 | 734.00 | 715.65 | 732.55 | 728.33 | 2,39,363 | 54.4% |
| 14 Oct 2026 | 716.00 | 725.20 | 710.25 | 721.05 | 718.92 | 1,72,199 | 51.5% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- FRACTAL
- BSE code
- 544700
- ISIN
- INE212S01015
- Industry
- IT - Software
- Website
- www.fractal.ai
- CIN
- L72400MH2000PLC125369
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 2000
- Registered office
- Level 7, Commerz II, International Business Park,, Oberoi Garden City, Off W. E. Highway, Goregaon (E), Mumbai 400063, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments