Fractal Analytics Limited (fractal) Delivers First Ever $100 Million Revenue Quarter, Reports Ebitda Growth of 71% Yoy

Fractal Analytics Limited (NSE: FRACTAL) announced its consolidated financial results for Q2 FY27, ending September 30, 2026. In this quarter, the company reported consolidated operating revenue of Rs 9,565 Cr, marking a significant milestone as it delivered its first-ever $100 million revenue quarter. This impressive growth of 20% year on year (YoY) and 10% in constant currency terms YoY was driven by robust performance across its industry verticals.

Industry Verticals Performance

Revenue growth was notably led by the Healthcare and Life Sciences (HLS) industry, which clocked 79% growth YoY. The Banking, Financial Services and Insurance (BFSI) sector also performed exceptionally well, growing 30% YoY in Q2. Additionally, the company has demonstrated strong sustained growth in HLS and BFSI over the past several quarters. The Consumer Packaged Goods and Retail (CPGR) vertical grew 11% YoY, while the Technology, Media and Telecommunications (TMT) sector saw a strong sequential recovery with 6% QoQ growth.

Financial Highlights

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 Retention of 115% in Q2. The company’s 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 bps YoY to 16%. Net Income grew 139% YoY to Rs 792 Cr.

Srikanth Velamakanni, Co-founder and Group CEO, commented on the performance: “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.”

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Fractal Analytics Limited

Fractal Analytics Limited belongs to the Technology › Software – Infrastructure sector. Here’s a quick read on where the business and the stock stand today.

Fractal falls 15.0% over three months and has not found a floor yet. The PEG reaches 3.04. The stock trades on brand and index weight, not on growth. Thin margins at 9.5% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock sits at 10% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 18.5% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Fractal Analytics Limited.