Results · AI & Deep Tech

Fractal Analytics reports strong Q4 FY26 results

What they do

Fractal Analytics provides enterprise AI solutions and consulting services

Q4 FY26 revenue was ₹886.3 Cr, net profit ₹115.8 Cr, up ~109% YoY

The company plans to increase R&D spending to 10% of revenue

Fractal Analytics announced its Q4 FY26 results on 11 May 2026.
Revenue for the quarter was ₹886.3 Cr, up 17% year-on-year from ₹757.5 Cr.
Net profit was ₹115.8 Cr, up ~109% from ₹55.5 Cr in Q4 FY25.
Full-year FY26 revenue was ₹3,299.7 Cr (one source says ₹3,363 Cr), up 19.3% YoY.
Full-year net profit was ₹286.8 Cr, up 30% YoY.
The company restructured around enterprise AI in May 2026 and appointed three new AI chiefs.
Stock hit an all-time high of ₹1,119.6 on BSE on 12 May 2026.

The results show strong growth in healthcare & life sciences (82% YoY in Q4) and BFSI (42% YoY).
The TMT segment declined 19% YoY in Q4 due to client-specific issues.
The company plans to increase R&D spending to 10% of revenue, focusing on foundational models and agentic AI.
Management expects margin growth from shift to output/outcome-driven models and license-driven models.

Fractal Analytics provides enterprise AI solutions and consulting services.
It offers AI platforms including Cogentiq, Iqigai, and Kalaido.ai.
Clients include Google and Wells Fargo.
The company helps global organizations transform critical business functions through AI-led transformation.
Revenue per billable FTE in Q4 FY26 was $85,000, up 5% YoY.
Net revenue retention rate was 112% and net promoter score was 81.
The company has 6 clients with over $20M revenue and 59 clients with over $1M revenue.

Plan to increase R&D spending to 10% of revenue from current 6.5%.
Focus areas include foundational models, agentic AI platforms, and enterprise AI transformation tools.
Priority to maintain profitability while growing, not to sacrifice margins for AI reinvestment.
Expect significant margin growth from shift to output/outcome-driven models and license-driven models.