Fractal Analytics Q1 FY27 Earnings Call Transcript Released
Fractal Analytics released its Q1 FY27 earnings call transcript. Revenue grew 20% YoY to ₹912.5 crore, with HLS up 69% and BFSI up 36%. Net Income surged 92% to ₹72 crore. The company secured a major AI foundation program for a healthcare player and is piloting its Cogentiq Health platform with BMC. CFO Ashwath Bhat announced his departure.
The announcement includes detailed financial results, strategic business updates, and insights into future growth drivers, which are highly material for investors and stakeholders. The departure of the CFO also adds a layer of impact.
The company reported strong revenue and net income growth, with significant improvements in key business metrics and strategic wins. Despite a decline in the TMT vertical, the overall outlook remains positive due to strong performance in other sectors and the growing AI market.
Fractal Analytics Limited has released the transcript of its Earnings Conference Call for the Unaudited Consolidated and Standalone Financial Results for the quarter ended June 30, 2026. The call was held on Friday, July 24, 2026.
During the call, management reported that revenue for Q1 FY27 grew by 20% year-on-year to ₹912.5 crore (approximately $97 million), with a 9% growth in constant currency terms. Healthcare and Life Sciences (HLS) business showed exceptional growth at 69%, becoming the second-largest vertical. Banking and Financial Services grew by 36%, while CPG and Retail grew by 19%. The Technology, Media, and Telecom (TMT) vertical declined by 22% year-over-year, impacting overall growth, though the company expects sequential growth in TMT in the next quarter.
Geographically, Europe led growth with 25%, followed by the Americas with 24%. Net Promoter Score was 77, and Net Revenue Retention was 117%. The number of clients contributing over ₹2 crore (approximately $2 million) in TTM revenue increased to 5, and those contributing over ₹50 lakh (approximately $0.5 million) increased to 19.
Profitability saw significant improvement, with Net Income growing 92% to ₹72 crore. Gross margin was 46%, and Adjusted EBITDA grew 35% to reach 17% margin, up 189 basis points year-over-year. The company also highlighted winning one of the largest single programs in its history for a large healthcare player and piloting its healthcare AI platform, Vaidya.ai (Cogentiq Health), with the BMC in Mumbai.
Ashwath Bhat, the Chief Financial Officer, announced his departure, having served for five-and-a-half years. The company is in the process of identifying his successor. Management expressed optimism about the future, driven by the mainstream adoption of AI and the opportunities it presents for companies like Fractal in areas such as trusted AI, data context layers, and AI-led transformation.
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Fractal Analytics Limited filed this with the NSE as a statutory disclosure, categorised under concall transcript released. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Fractal Analytics Limited. Read the original for the full detail.