Fractal Analytics (FRACTAL) H2 2024 earnings summary

Executive summary

• Standalone revenue from operations grew to ₹11,447 million for FY24, up from ₹9,941 million in FY23, reflecting strong business momentum.

• Net profit for FY24 was ₹1,230 million, a significant turnaround from a net loss of ₹311 million in FY23.

• Total comprehensive income for FY24 reached ₹1,275 million, compared to a loss of ₹293 million in the previous year.

• The company completed business transfers from three subsidiaries, consolidating operations and assets.

Financial highlights

• Total income for FY24 was ₹11,830 million, up from ₹10,524 million in FY23.

• EBITDA margin improved, with profit before exceptional items and tax at ₹837 million (FY23: ₹216 million).

• Exceptional items contributed a net gain of ₹469 million in FY24, mainly from writebacks and impairment adjustments.

• Earnings per share (EPS) for FY24 was ₹40.37 (basic) and ₹37.04 (diluted), compared to negative EPS in FY23.

• Cash and cash equivalents at year-end stood at ₹123 million, up from ₹79 million in FY23.

Outlook and guidance

• Management expects continued growth in analytics services, supported by recent business combinations and ongoing investments in technology and talent.

• No dividend was declared for FY24, with capital being retained for future growth.