Fractal Analytics (FRACTAL) Q4 23/24 earnings summary

Executive summary

• FY24 standalone revenue rose to ₹11,447m from ₹9,941m; net profit was ₹1,230m versus a ₹311m loss in FY23.

• Auditor issued an unmodified opinion; internal financial controls were adequate and operating effectively at March 31, 2024.

Financial highlights

• Revenue from operations was ₹11,447m, up from ₹9,941m; total income was ₹11,830m versus ₹10,524m.

• Profit before exceptional items and tax was ₹837m; reported PBT was ₹1,306m, including a net exceptional benefit of ₹469m.

• Net profit was ₹1,230m versus a ₹311m loss; total comprehensive income was ₹1,275m versus a ₹293m loss.

• Basic and diluted EPS were ₹40.37 and ₹37.04, respectively; FY23 basic and diluted EPS were each a loss of ₹10.25.

• Net cash from operating activities was ₹1,517m; investing cash outflow was ₹1,312m and financing cash outflow ₹161m; year-end cash was ₹123m.

Segment performance

• Analytical services generated all standalone operating revenue: ₹11,447m in FY24 versus ₹9,941m in FY23.

• Revenue from related parties was ₹8,501m and third-party revenue was ₹2,946m in FY24, versus ₹7,551m and ₹2,390m, respectively, in FY23.