Fractal Analytics reported strong financial results for Q3 FY26, with a profit of Rs 100.1 crore and revenue of Rs 854.4 crore, representing 21% year-on-year growth. This performance was driven by significant growth in its healthcare (78% YoY) and banking (26% YoY) client segments.
The company highlighted robust operational metrics, including a 114% net revenue retention rate, expanding EBITDA margins, and growth in its large enterprise client base. It also cited strong performance from its specialized AI products in competitive benchmarks.
Fractal, which recently conducted an IPO and listed on stock exchanges, attributes its success to accelerating enterprise AI adoption and the strength of its client relationships.
Main Topics: Fractal Analytics' Q3 FY26 financial results, segmental revenue growth (healthcare and BFSI), key business metrics (margins, client retention), and AI product performance.
Newly listed enterprise AI firm Fractal Analytics reported a consolidated profit after tax of Rs 100.1 crore for the quarter ended December 31, 2025. The company posted consolidated revenue of Rs 854.4 crore in the third quarter of FY26, a growth of 21% year-on-year (YoY), driven by strong demand from healthcare and banking clients, it said in a statement.
The company listed on Indian stock exchanges on February 16, 2026, with an initial public offering of Rs 2,834 crore.
In its latest quarterly results, revenue from the healthcare and life sciences segment, which contributes about 20% of total revenue, grew 78% YoY. The banking and financial services segment, accounting for around 12% of revenue, also grew 26%.
Srikanth Velamakanni, group chief executive and executive vice-chairman of Fractal, said the company saw strong growth as enterprise adoption of AI accelerated. âOur best-in-class organic growth, strong margins and high client retention reflect the strength of our enterprise AI capabilities and the trust clients place in us,â Velamakanni added.
The company reported an adjusted EBITDA of Rs 152.1 crore, up 24% YoY, with margins expanding to 17.8%. Gross margin improved to 47.2%, the company said in a statement.
Fractal said it also expanded its relationships with existing clients, reporting a net revenue retention of 114% during the quarter. Revenue retention measures how much more or less existing customers spend with the company over time, including upgrades and downgrades.
Enterprise clients generating more than Rs 170 crore in annual revenue increased to six, while those contributing over Rs 8.5 crore rose to 58, Fractal said in a statement.
"We have built a disciplined, high-performance organization focused on solving complex enterprise problems with AI. As adoption scales across industries, Fractal is well positioned to lead this transformation while creating sustained long-term value for our clients and shareholders," Velamakanni added.
The company also highlighted performance from its AI products. Its healthcare-focused model Vaidya.ai 2.0 scored above 50 on OpenAI HealthBench (Hard), a benchmark designed to measure clinical reasoning across complex diagnostic scenarios.
PiEvolve, an agentic engine for autonomous machine learning and scientific discovery, ranked among the top-performing agents on MLE-Bench, outperforming agents developed by companies such as Google, Microsoft and Meta, Fractal claimed.
Fractal employs over 5,000 professionals globally. The companyâs shares on the BSE closed at Rs 758 on Thursday, down 3.7% from the previous trading session. The results were announced after market hours.
The company listed on Indian stock exchanges on February 16, 2026, with an initial public offering of Rs 2,834 crore.
In its latest quarterly results, revenue from the healthcare and life sciences segment, which contributes about 20% of total revenue, grew 78% YoY. The banking and financial services segment, accounting for around 12% of revenue, also grew 26%.
Srikanth Velamakanni, group chief executive and executive vice-chairman of Fractal, said the company saw strong growth as enterprise adoption of AI accelerated. âOur best-in-class organic growth, strong margins and high client retention reflect the strength of our enterprise AI capabilities and the trust clients place in us,â Velamakanni added.
The company reported an adjusted EBITDA of Rs 152.1 crore, up 24% YoY, with margins expanding to 17.8%. Gross margin improved to 47.2%, the company said in a statement.
Fractal said it also expanded its relationships with existing clients, reporting a net revenue retention of 114% during the quarter. Revenue retention measures how much more or less existing customers spend with the company over time, including upgrades and downgrades.
Enterprise clients generating more than Rs 170 crore in annual revenue increased to six, while those contributing over Rs 8.5 crore rose to 58, Fractal said in a statement.
"We have built a disciplined, high-performance organization focused on solving complex enterprise problems with AI. As adoption scales across industries, Fractal is well positioned to lead this transformation while creating sustained long-term value for our clients and shareholders," Velamakanni added.
The company also highlighted performance from its AI products. Its healthcare-focused model Vaidya.ai 2.0 scored above 50 on OpenAI HealthBench (Hard), a benchmark designed to measure clinical reasoning across complex diagnostic scenarios.
PiEvolve, an agentic engine for autonomous machine learning and scientific discovery, ranked among the top-performing agents on MLE-Bench, outperforming agents developed by companies such as Google, Microsoft and Meta, Fractal claimed.
Fractal employs over 5,000 professionals globally. The companyâs shares on the BSE closed at Rs 758 on Thursday, down 3.7% from the previous trading session. The results were announced after market hours.
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