Tracxn Technologies (TRACXN) investor relations material

Executive summary

• Q2 FY27 revenue was INR 2,130.13 lakh, up 1.1% QoQ; India revenue accelerated while international revenue declined QoQ.

• Q2 EBITDA was negative INR 5.95 crore and PAT was a loss of INR 412.62 lakh, amid investment in sales capacity and data coverage.

• Strategic priorities include expanding specialised business units, replicating the India growth playbook internationally and providing AI-native access to platform data.

• The Board approved unaudited Q2 and H1 results for the period ended September 30, 2026; the statutory auditor issued an unmodified limited-review conclusion.

Financial highlights

• H1 FY27 revenue was INR 4,237.99 lakh versus INR 4,244.88 lakh a year earlier; H1 net loss was INR 713.62 lakh.

• Q2 adjusted EBITDA was negative INR 5.4 crore excluding non-cash ESOP expense; reported EBITDA was negative INR 5.95 crore.

• Q2 total income was INR 2,267.67 lakh, including other gains of INR 136.41 lakh; H1 total income was INR 4,527.42 lakh.

• H1 total expenses were INR 5,269.03 lakh; employee benefits were INR 4,531 lakh, or 86.0%, and other expenses were INR 725 lakh.

• Deferred revenue was INR 38.1 crore, up 9% YoY; cash and investments totaled INR 85.9 crore at September 30, 2026.

Outlook and guidance

• After planned investments are in place, expected within 1–2 quarters, cost growth is expected to return to low-single-digit levels; AI may reduce data-production costs and support a return to profitability.

• Management expects FY27 to reflect investments through higher growth and market-share gains as more business units enter the scale-up phase.

• Revenue growth is expected to catch up with customer-account growth as newer segments mature; international units may begin showing results in coming quarters.

• Sales headcount reached 56 in September 2026 against a target of 60 by December 2026; the expanded team is expected to support new-customer acquisition as staff ramp up.