AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Acquisition 7 Oct - Fractal incorporated step-down subsidiary FRACTAL AI QFZ LLC in Qatar on September 28, 2026.
Source: Bse
Fractal Analytics Limited (FRACTAL)
Small CapIT stocks · Small cap · NSE
Fractal Analytics Limited operates in Analytics & AI, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 05:57 pm ISTDetails
Quote21 Oct, 05:57 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result24 Jul, 04:25 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · IT P/E 21.4 (n=204)
Technical timing lens
Trend score and candlestick chart
69BullishSMA20 -8.1% / mo · MACD + · sector +19.3pp vs Nifty 500 (3M)
Stock trend: 48
Sector RS: 100
Sector 3M: +13.7% vs Nifty 500 -5.6%
IT FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
FRACTALD candles · FIT view-17.1%Latest close ₹785.90 on 2026-10-21
Daily history is available from 2026-02-16; the requested 1Y window is partially covered.
Bar
+10.2%
RSI
59
MACD hist
7.11
52W pos
21%
2026-10-21O ₹713.40H ₹828.70L ₹710.90C ₹785.90Vol 1.4Cr sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
FRACTALNifty ITNifty 500
- FRACTAL
- -9.4%
- Nifty 500
- -6.5%
- Nifty IT
- +12.0%
- Vs Nifty 500
- -2.9 pp
Chart stats
21 Oct 2026- From 52W high
- -29.7%
- 52W range position
- 21%
- ATR (14)
- 3.8%
- Volume vs 20D
- 46.17x
- Avg traded value
- ₹74.3 Cr
- 20D price channel
- ₹696.3 - ₹828.7
₹1,118
₹696.3 - ₹1,118
₹29.5
Latest completed session
20-session average
44.5% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Weak U-Score but strong trend: momentum may be ahead of fundamentals.
Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
U-Score
Legacy · WATCHLIST44
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent90
Revenue +20.0% · PAT +89.5% YoY
Technical
Bullish69
Price trend and sector-relative-strength timing.
Valuation
Legacy model-16.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence72
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 90/100Rev +20% YoY · PAT +89% YoY · margin expansion · operating leverage
Filed 23 Jul 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹912 Cr | +20.0% | +2.9% |
| EBITDA | ₹120 Cr | +50.0% | -30.6% |
| Operating margin | 13.0% | +200 bps | -700 bps |
| PAT | ₹72 Cr | +89.5% | -37.9% |
| PAT margin | 7.9% | +289 bps | -520 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 37.90
- P/B
- 3.92
- EV/EBITDA
- 20.87
- Market Cap
- 12587.00Cr
Profitability
- ROE
- 12.00%
- ROCE
- 12.60%
- ROA
- 7.40%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 30.00%
- EPS 5Y
- 52.00%
- Revenue 3Y
- 18.00%
- EPS 3Y
- 54.00%
Balance Sheet
- Debt/Equity
- 0.13
- Interest Coverage
- 10.84×
- Altman Z
- 8.45
- Book Value
- 185.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 4/5
- OCF
- 409.00 Cr
- EPS TTM
- 21.10
Shareholding
- Promoter Hold
- 16.97%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 4%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 3,452+4.6% vs prev
Net Profit
₹ CrLatest: 287+29.9% vs prev
Return on Equity
%Latest: 9.0-28.5% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 59. Wait for confirmation.
- SMA20 falling (~8.8% over last month) — short-term momentum negative.
- RSI(14) at 59 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 30% off 52W high · 13% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
43
RS percentile
Stage 4 Downtrend
1M return
+3.3%
3M return
-9.4%
6M return
-18.2%
1Y return
-
RS 1D
+11
RS 20D
+11
Sector rank
#7
Industry rank
#37
Stage evidence
- Price is 8.5% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -1.0%.
- Both 3-month and 6-month returns are negative.
50-DMA
price above
200-DMA
unavailable
Sector
improving
Industry
improving
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
168 observations
21 Oct 2026Value 99.71+11.18%
RS vs Nifty 500100
Valuation & peers
U-Score 44 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 44 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth23/25
Quality3/20
Balance Sheet8/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
44
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
44/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 8/9.
- Growth contributes 23/25 to the score.
- Balance sheet contributes 8/15 to the score.
Main drags
- Fair-value margin of safety is negative at -16.0%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Quality is weaker at 3/20; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
37.9
PB
3.9
EV/EBITDA
20.9
ROE
12.0%
ROCE
12.6%
FCF Yield
—
Debt/Equity
0.1
MoS
-16.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
44
Previous: 44
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-16.0%
Previous: -5.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
44
44
44
44
44
44
44
44
44
44
44
44
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹296.36
-165.2% MoS
Growth-justified P/E
32.1
Growth-justified Value
₹677.31
-16.0% MoS
PEG
0.72
Comparable companies
Peers
Business-comparable peers in IT — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
E2E
Small
E2E Networks Limited
IT Services / Digital
match 138
32
433.0
-0.9%
-1280%
WATCHLIST
ZENSARTECH
Small
Zensar Technologies Limited
IT Services / Digital
match 137
72
14.5
17.3%
+53%
UNDERVALUED
SHADOWFAX
Small
Shadowfax Technologies Limited
IT Services / Digital
match 136
35
100.0
10.4%
-143%
WATCHLIST
PAISALO
Small
Paisalo Digital Limited
IT Services / Digital
match 135
31
29.4
14.4%
+10%
OVERVALUED
SOTL
Small
Savita Oil Technologies Limited
IT Services / Digital
match 133
37
12.0
8.3%
-187%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Fractal Analytics Limited operates in Analytics & AI, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
72Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 69th percentile of the scored universe and 64th percentile within IT. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
17 docs text-extracted · 4 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
69th percentile
overall median 67 · IT: 64th pctile, median 69 · Small: 71st pctile, median 66
Evidence depth
Financial-only
17 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
70
acceptable · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
63
acceptable · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸Promoter holding increased 16%.
- ▸4 years of positive FCF.
- ▸Latest 3 quarters had positive YoY PAT growth.
Trust risks
- ▸Promoter holding is only 17%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Fractal Analytics Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2 Sep - Fractal Analytics disclosed a September 23, 2026 JP Morgan AI Day investor meeting in Mumbai.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 24 Sep - Allotment of 3,64,326 Equity Shares pursuant to exercise of Stock Options
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 14 Sep - Allotment of 2,32,775 Equity shares pursuant to exercise of Stock Options.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 10 Sep - Schedule of Analysts or Institutional Investors meet
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 9 Sep - Fractal Analytics to attend NDRs with analysts/investors on Sept 15, 17 and 18, 2026 in Mumbai.
Source: Bse
Investor presentationJul 2026
Jul 2026 · PPT
Source: Bse
Concall transcriptJul 2026
Jul 2026 · Transcript
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 29 Jul - Schedule of Analysts or Institutional Investors meet
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 25 Jun - Pursuant to Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015 (as amended from time to time), we wish to inform you …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18 Jun - Schedule of Analysts or Institutional Investors meet
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 12 Jun - Schedule of Analysts or Institutional Investors meet
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.