Fractal Analytics Limited — Investor Presentation 2026

May 11, 2026

fractal

Ref./No./FRACTAL/SE/2026-27/010

Date: May 11, 2026

National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051 Maharashtra, India	BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400 001 Maharashtra, India
Scrip Symbol: FRACTAL	Scrip Code: 544700

Sub: Investor Presentation on the Audited Financial Results for the quarter and year ended March 31, 2026

Dear Ma'am / Sir,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Investor Presentation on the Audited Financial Results (Consolidated and Standalone) for the quarter and year ended March 31, 2026, to be made at the conference call scheduled on Tuesday, May 12, 2026, from 8:00 a.m. IST to 9:00 a.m. IST.

This disclosure and the Investor Presentation will also be hosted on the Company's website at: https://fractal.ai/investor-relations

Kindly take the same on records and arrange to bring this to the notice of all concerned.

Thanking you.

Yours sincerely,

For Fractal Analytics Limited

SOMYA AGARWA
Digitally signed by SOMYA AGARWAL
Date: 2026.05.11 22:44:52 +05'30'

Somya Agarwal
Company Secretary and Compliance Officer
Membership No: A17336

Encl: a/a

Fractal Analytics Limited (formerly known as Fractal Analytics Private Limited)
CIN: L72400MH2000PLC125369

Registered address:
Level 7, Commerz II, International Business Park, Oberoi Garden City,
Off W. E. Highway Goregaon (E), Mumbai - 400063, Maharashtra, India.
W: www.fractal.ai | P: +91 22 6850 5800 | E: investorrelations@fractal.ai

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fractal

Performance Update - Q4 FY26 and FY26

May 11, 2026

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Safe Harbor Statement

Certain statements in this presentation concerning our future growth prospects are forward-looking statements. These statements are subject to substantial known and unknown risks, uncertainties and other factors, which may cause actual results or outcomes to differ materially from those implied by the forward-looking statements. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements include, but are not limited to, risks and uncertainties relating to the execution of our business strategy, our revenues highly dependent on clients located in the United States, our ability to attract and retain highly skilled professionals, increase in wages, investments to reskill our employees, economic uncertainties and geopolitical situations, technological disruption and innovations, complex and evolving regulatory landscape, including immigration regulation changes, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry

The Company may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Stock Exchanges and our reports to shareholders. All forward-looking statements included in this presentation are based on information and estimates available to us on the date hereof, and we do not undertake any obligation to update these forward-looking statements unless required to do so by law.

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Financial
Performance

Q4 FY26
Revenue ▲17%
Net Income ▲109%

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Q4'26 Fractal Group: 109% increase in Net Income from Margin Expansion and Strong Revenue Growth

Growth	Profitability	Other highlights
INR 8,863m ▲ 17% YoY^{1}
Revenue from operations

112%
Net Revenue Retention (NRR)^{2}
81 ▲
Net Promoter Score

USD 85K | INR 7.5m ▲ 5% YoY
Revenue per Billable FTE^{3} | 48% ▲ 47 bps YoY
Gross Margin
22% ▲ 189 bps YoY
Adjusted EBITDA margin
INR 1,158m ▲ 109% YoY
Net Income | 6.6% ▲ 141 bps YoY
R&D investments^{4}
INR 3,010m ▲ 8% YoY
Cash flow from operations
INR 7.07 ▲ 100% YoY
Basic EPS^{5} |

1All revenue growth is organic; Fractal Group CC growth for Q4'26 is 10% YoY | 2NRR is calculated in INR | 3Revenue per Billable FTE is calculated basis trailing twelve months data

4R&D opex 4.2% | 5Diluted EPS is INR 6.73 with +106% YoY

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Q4'26 Fractal.ai: Our existing clients continue to expand their relationships with us

Net Revenue Retention (NRR)

Net Revenue Retention (NRR) in our Fractal.ai segment measures how effectively we retain and expand revenue from our existing clients over a defined period and is calculated by comparing the current period's revenue from the clients who existed at the start of the period, with their revenue in the previous period - including the effects of upsells, cross-sells and contractions

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Q4'26: Fractal continues to be one of the most respected brands in AI

Industry-leading Net Promoter Score (NPS)¹ for Fractal.ai

81
Q4'26
▲ 6 pts YoY

73	81	74	80	80	77	78	75	73	78	77	81
Q1'24	Q2'24	Q3'24	Q4'24	Q1'25	Q2'25	Q3'25	Q4'25	Q1'26	Q2'26	Q3'26	Q4'26

¹ Net Promoter Score (NPS) is used in Fractal.ai segment to gauge client satisfaction and advocacy. Clients rate us on a 10-point scale on their willingness to recommend Fractal. Promoters are clients who score us at 9 or above. Detractors are clients who score us 6 or below. NPS = Promoters% - Detractors%. NPS is presented as a score (Scores above 50 are considered great for consumer brands and above 40 for B2B brands)

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Q4'26 Fractal.ai: We have a diversified revenue base, with robust growth across most industries & geographies

Revenue by industry (Q4'26) - Fractal.ai

Revenue by geography (Q4'26) - Fractal.ai

Revenue by geography is based on client billing location

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Fractal Group: Sustained margin expansion across metrics

Q4'26 Gross Margin (INR Mn) +18% YoY ▲

Q4'26 Operating EBIT* (INR Mn) +53% YoY ▲

Q4'26 Adjusted EBITDA (INR Mn) +28% YoY ▲

Q4'26 Net Income (INR Mn) +109% YoY ▲
Net Income (INR m) excl. associate +102% YoY ▲

Q1'26 has merit increases impact | *Operating EBIT is without Other income, Share of loss of associates and Exceptional items

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Fractal Group: Q4'26 Net Income at INR 1,158m, +109% growth YoY

All values in INR m, except %

*One time retention cost relating to M&A done in the past

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Financial
Performance

FY26
Revenue ▲19%
Net Income ▲30%

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FY26: Solid revenue and profitability expansion while scaling growth investments

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Growth	Profitability	Other highlights
INR 32,997m ▲ 19% YoY¹
Revenue from operations	47% ▲ 93 bps YoY
Gross Margin	6.4% ▲ 125 bps YoY
R&D investments⁴
117%
Net Revenue Retention (NRR)²	18% ▲ 18 bps YoY
Adjusted EBITDA margin	INR 4,090m ▲ 3% YoY
Cash flow from operations
70% of Adjusted EBITDA
USD 85K	INR 7.5m ▲ 5% YoY
Revenue per Billable FTE³	INR 2,868m ▲ 30% YoY
Net Income
Excl. associates: INR 3,571m ▲ 43% YoY	INR 18.20 ▲ 26% YoY
Basic EPS⁵

¹All revenue growth is organic; Fractal Group CC growth for FY26 is 13% YoY | ²NRR is calculated in INR | ³Revenue per Billable FTE is calculated basis trailing twelve months data

⁴R&D opex 4.1% | ⁵Diluted EPS is INR 17.19 with +29% YoY | DSO is 72 days for FY26 vs 74 days in FY25

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FY26 Fractal.ai: Our existing clients continue to expand their relationships with us

Net Revenue Retention (NRR)

Net Revenue Retention (NRR) in our Fractal.ai segment measures how effectively we retain and expand revenue from our existing clients over a defined period and is calculated by comparing the current period's revenue from the clients who existed at the start of the period, with their revenue in the previous period - including the effects of upsells, cross-sells and contractions. NRR is calculated on an INR basis.

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FY26 Fractal.ai: We have a diversified revenue base, with growth across most industries & geographies

Revenue by industry (FY26) – Fractal.ai

Revenue by geography (FY26) – Fractal.ai

Revenue by geography is based on client billing location

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Fractal.ai: Growth in every bracket shows deepening client relationships

Fractal has scaled client relationships with significant headroom for growth

Clients by Annual Revenue Contribution (Fractal.ai)

	FY2023	FY2024	FY2025	FY2026
>$1m	45	48	53	59
of which, >$5m	10	11	15	19
of which, >$10m	5	5	6	9
of which, >$20m	1	2	5	6

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FY26 Fractal Alpha: Robust revenue growth with consistent improvement in profitability

All values in INR m, except %

Revenue & Gross Margin

Adjusted segment results

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Fractal Group: Net income grew by 30% YoY (+43% excl. associate)

All values in INR m, except %

*One time retention cost relating to M&A done in the past

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Fractal Group: All-around profitability improvement

Gross Margin (INR m) +22% YoY ▲

Operating EBIT* (INR m) +50% YoY ▲

Adjusted EBITDA (INR m) +21% YoY ▲

Net Income (INR m) +30% YoY ▲
Net Income (INR m) excl. associate +43% YoY ▲

*Operating EBIT is without Other income, Share of loss of associates and Exceptional items

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Fractal Group: Improvement in Balance sheet and cashflow metrics

All values in INR m, except %

Cash flow from operations

Days of sales outstanding (DSO)

Cash and cash equivalents

Cash (including MFs and FDs) as of FY26 end is INR 20,520m including IPO proceeds of INR 9,568m (net of offer expenses)

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Corporate Overview

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We are fractal...

We are a globally recognized pure-play enterprise AI company trusted by 100+ Fortune 500®-sized enterprises to power decision-making through AI services, solutions, and products, anchored by Cogentiq, our flagship agentic AI platform.

Fractal at a glance

| 32,997

+19% YoY
Revenue (INR m) | 47%

Gross Margin | 9%

Net Income | 59

Clients with $1m+ annual revenue | 6.4%

R&D (% of revenue) | 5,868

+12% YoY
Total Employees¹ | 68

Patents granted & applications¹ |
| --- | --- | --- | --- | --- | --- | --- |

¹ As of March 31, 2026 | All numbers are shown for FY26 unless indicated otherwise

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Three pillars. One platform. One Go To Market.

Our client proposition is organized around three integrated AI pillars - interpreting the AI-native enterprise across people, process, and technology - all powered by Cogentiq.

| AI-T
AI-led Transformation
The Process dimension
Reimagine every business workflows with AI to drive measurable outcomes. | AI-F
AI Foundations
The Technology dimension
Driving higher performance of models with enterprise data. | AIW
AI Work & Workforce
The People dimension
Redesign work, talent, and workforce capability for the AI-native enterprise. |
| --- | --- | --- |
| Domain specific expertise
CPGR, TMT, BFSI and HLS | Function specific expertise
Supply Chain, Marketing, Finance, Sales & CX | Work & Workforce specific expertise
Agentic AI powered build of ontological layer of knowledge, governance, responsible AI, tech stack migration and golden datasets |
| For business and functional CXOs | | For CIO, CTO, and CAIO organizations |
| Work & Workforce specific expertise
Agentic AI powered hiring, staffing, evals, upskilling and coaching at scale | | For CHROs and business leaders |

Cogentiq powers every product and solution across the three pillars

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Integrated, end-to-end AI capabilities

DOMAIN CAPABILITIES

• Banking, Financial Services and Insurance
• Retail
• Consumer Packed Goods
• Flyfish
• Viscosities
• Vaidya.ai
• by Fractal
• pievove
• iqigai.ai
• by Fractal

SOLUTION TOWERS

• AIT
• AI-led Transformation

CLIENT PRIORITIES

• Drive sustainability
• Drive day-to-day tactical decisions
• Drive business growth(1)

• Drive operational effectiveness

• AIW

• AI Work & Workforce

AI PRODUCTS

AGENTIC AI

• cogentiq
• Platform & Products
• Flyfish
• Viscosities
• Vaidya.ai
• by Fractal
• pievove
• iqigai.ai
• by Fractal

GENERATIVE AI

• kalaido.ai
• MARSHALL GOLDSMITH.ai

CLASSICAL AI

• asper
• a fractal company
• qure.ai
• Analytics
• Vidhya

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AI-led Transformation AI Foundations AI Work & Workforce

Sales representatives of a pharma major were taking 3-4 days to respond to queries from healthcare professionals (HCPs)

Fractal built an agentic platform that accelerates accurate clinical response

The platform provides “cited, confidence-scored” answers in seconds from 3-4 days earlier.

This has enabled real-time HCP engagement, faster brand preparation, and standardized evidence-backed responses across commercial and medical teams.

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AI-led Transformation

AI Foundations

AI Work & Workforce

Data engineers at a global CPG major were spending a day to build each data pipeline

Fractal built an agentic AI engineering platform to cut build time by up to 75%

Fractal's platform automated pipeline design, development, deployment, testing, and documentation - reducing build time from 1 day to about 2 hours.

The platform is already being used by hundreds of data engineers including vendor teams to accelerate build of their AI foundations.

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AI-led Transformation AI Foundations AI Work & Workforce

A top US healthcare payer had a large software team and a very small central AI team

Fractal built a workforce transformation program to dramatically increase AI fluency of the software team

The program mapped healthcare-context AI delivery skills, linked learning to internal AI deployment, and built a scalable AI-builder community.

More than 10,000 members of the software team have built AI fluency through this highly successful program that, in turn, accelerated their AI-led transformation.

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Our strategy: How to win

Help Must Win Clients (MWCs¹) transform their business with AI

Accelerate this journey with Cogentiq and other reusable assets

Partner with winning AI platform companies

Continue to build an AI-native "great place to work"

Accelerate our success through M&A

¹MWCs are defined as clients with over US$10B in revenue, or over US$20B in market cap, or serving 30M+ end consumers

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1 2 3 4 5

Help MWCs¹ transform their business with AI

Focus on serving MWCs¹ in target geographies
US, UK, Europe, Australia & Middle East

Help CXOs reimagine every workflow and business process with AI

Help CIOs and CAIOs modernize tech and build an ontological layer on their data

Help CLOs and CHROs reimagine work and upskill workforce with AI

Build AI foundations and agentic systems as the default solution architecture

Anchor engagements at the CXO level and deliver through platform-led, outcome-driven execution

¹MWCs are defined as clients with over US$10B in revenue, or over US$20B in market cap, or serving 30M+ end consumers

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1 2 3 4 5

Accelerate client success with Cogentiq and reusable assets

• Reimagine service delivery
  with PiEvolve and Cogentiq
• ☐ pievolve

• ▲ cogentiq
  by fractal

• Commercialize functional and vertical AI products on Cogentiq
  ▲ cogentiq
  invoice to cash

• ☐ asper
  a fractal company

• Demonstrate frontier AI results
  PiEvolve, Vaidya & India AI mission

• ✧ vaidya.ai
  by fractal
• ☐ pievolve

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1 2 3 4 5

Partner with leading technology companies

Partners

• Frontier AI Labs
• Hyperscalers
• Data Platforms
• Enterprise Software Providers

A
Build relationships with partner teams in our mutual clients/customers and leverage partner resources to enhance client acquisition, expansion and lead generation

B
Incorporate existing partner offerings in our services and products and upskill our teams on partner offerings.

C
Perform joint planning with our partners to identify funding and growth opportunities to drive deal velocity

D
Understand the clients' technology roadmap with a keen eye on their Hyperscaler/data & AI platforms strategy

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1 2 3 4 5

Continue to build a Great Place to Work

Hiring Principles

Fractal First

All hires are for Fractal first, and then for the specific team/role

Raise the Bar

Strive to hire talented employees thereby continually raising our overall work quality and standards

Build the Fractal Brand

Demonstrate the brand values in every hiring interaction

Hire for Potential

Focusing on attitude, learning agility and aptitude for learning

Champion Diversity

Welcome diverse points of view and promote inclusivity

Hire talent

through robust & scalable channels

• Iqigai.ai: Our AI powered hiring assessment platform
• Imagineer Program: Our campus recruitment program
• Crossover Program: Our career change program
• Lateral hiring program and return from career break program

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Enhance operational efficiencies

AI powered talent allocation software, various coding productivity tools, own AI coding agents into our workflows

Continuous learning and specialization for our employees

by leveraging our internal training academy (FAA) and Analytics Vidhya and various leadership programs across employee levels

Fostering a culture of trust, transparency & freedom

Guided by our values and people principles

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1 2 3 4 5

Complement our growth & expand capabilities inorganically

Our acquisition principles

| ### ORIGINATION

Expansion of our AI and engineering expertise, vertical depth & capabilities + new technologies + potential growth synergies | ### INTEGRATION

Collaborate with founders, retain key talent and structure the organization & processes to realize synergies | ### OPTIMIZE PROCESSES

De-risk the capital allocation process and derive the benefits and synergies expected from transactions | ### CLIENT CENTRICITY

Strengthen our client focus and our commitment to client centricity by enhancing our existing technical and functional capabilities and our domain expertise across the industries we operate in |
| --- | --- | --- | --- |

Our key acquisitions

| finalmile. | senseforth.ai | asper | NEAL ANALYTICS | Analytics Vidhya
Learn Everything About Analytics | |
| --- | --- | --- | --- | --- | --- |

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Capital structure: Strong balance sheet to fund future growth

INR 20,520m

Cash and cash equivalents¹

Positions us to move faster, fund early-stage bets, and accelerate deal timelines

70%

CFO as % of Adj. EBITDA

Strong cash conversion ensures self-funded growth, and sustains reinvestment capacity

Zero

Long term debt²

Creates significant headroom to fund larger strategic acquisitions

¹Including IPO proceeds of INR 9,568m | ²IPO proceeds utilized to retire long term debt completely subsequent to March 31, 2026

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Fractal's ESG focus and milestones

Environmental Sustainability

• Aiming for net zero emissions by or before 2040
• GHG Emissions, in the operational boundary, assured by independent 3rd party auditor every year since FY 20
• Mumbai and Bengaluru offices built to global green-building standards
• Major offices run on clean energy; continued switching of company cars to electric
• Strong climate rating from CDP for 3 years in a row, Fractal scored a ‘B’

Social Impact, Equity and Inclusion

• Certified a Great Place to Work for 10 years in India (and multiple years in UK, USA, UAE)
• 2025 recognition: among India's best companies, best for women, and best for diversity & inclusion
• 12+ years of community work: helping kids learn, supporting women, improving healthcare, building safer homes, and protecting nature

Key Governance Frameworks

• Strong IT systems that follow global security standards
• Hold top global certifications for security and data handling
• Follow major privacy laws worldwide (GDPR, CCPA, DPDPA)
• Clear rules against bribery, fraud, and unethical behavior
• Legal team named "Legal Team of the Year" in India, 2025

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Cogentiq & Research

Fractal is building leading Enterprise AI products

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We are building breakthrough products powered by deep AI research

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Our AI R&D is a key differentiator

6.4% of revenue¹

Research and Development

| Fathom-R1-14B
LRM Open-sourced | |
| --- | --- |
| vaidya.ai
by fractal
Multi-modal reasoning
medical model | pievolve
PiEvolve evolutionary agentic
framework for machine learning |

AI products hosted on Cogentiq

by fractal

Enterprise agentic AI platform with functional and vertical apps

¹ R&D spends as a % of revenue for FY26; Research and development investments comprises operating expenditure and capital expenditure relating to research and development respectively

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Fractal unveiled intelligent sales agents to accelerate B2B growth

Flyfish.ai deploys 35+ coordinated AI agents across the sales lifecycle, helping early enterprise adopters close deals up to 30% faster and improve sales productivity by 42%.

Flyfish

Win more deals

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AutoGrader by Analytics Vidhya

A multi-agentic system that evaluates the code and outcomes of learner-submitted projects, delivering real-time feedback across parameters like Code Quality, Domain Understanding, and Feature Engineering.

Deployed with several clients, AutoGrader has already evaluated 18,000+ learner submissions across diverse cohorts.

18,000+
learner submissions evaluated

Enterprise
deployments across multiple clients

CODE QUALITY

Code Quality Agent

Evaluates readability, modularity, naming, complexity and adherence to coding standards.

FEATURE ENGINEERING

Feature Craft Agent

Reviews creativity, relevance and impact of engineered features on model performance.

OUTCOME EVALUATION

Result Validator

Compares predictions to ground truth and benchmarks against expected solution metrics.

AGENT ORCHESTRATION

Multi-Agent Router

Coordinates specialised agents to evaluate each submission in parallel and at scale.

DOMAIN UNDERSTANDING

Concept Mastery

Assesses how well the learner applies domain concepts and reasoning to the problem.

MODEL & PIPELINE

Pipeline Inspector

Validates training pipelines, data leakage checks and reproducibility of results.

RUBRIC SCORING

Rubric Aggregator

Combines parameter scores into a transparent, learner-friendly final assessment.

REAL-TIME FEEDBACK

Feedback Generator

Returns actionable, personalised guidance to learners within seconds of submission.

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Asper RGM Vision: Be the most trusted, AI-native operating system for CPG commercial planning & execution

CPG planning cycle

Holistic & Integrated

Modeling & Optimization

Data foundations

Intelligence + Planning

Sales, CS/CI, RGM, Finance, Demand Planning

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Qure.ai | TIME100 Most Influential Companies 2025

AI analysis of routine chest X-rays identifies high-risk lung cancer cases often missed by standard screening criteria

Provides a scalable, equitable pathway for early lung cancer diagnosis, especially in healthcare systems where CT access is limited

The CREATE study evaluated Qure's AI-driven Lung Nodule Malignancy Score (qXR-LNMS), which analyzes routine chest X-rays of both high and low-risk individuals and flags nodules with a high likelihood of malignancy. The tool uses AI to detect early signs of lung cancer on standard chest X-rays, extending screening to low-risk populations, such as non-smokers and individuals under 55, groups typically excluded from conventional CT-based screening programs.

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Fractal enables PI Evolve for everyone at Fractal...

fractal
AI Research

PIEvolve
Evolutionary Framework for Scientific Discovery and NP-Hard Problems

PiEvolve makes machine learning continuously improve.

PIEvolve is an evolutionary AI framework that transforms traditional one-shot machine learning approaches into continuous optimization systems. Unlike conventional agents that solve a problem once, PiEvolve generates solutions, evaluates them, learns from both successes and failures, then iterates until it exhausts its computational budget.

Rank-1 on OpenAI MLE-Bench Benchmark

OpenAI MLE-Bench is a standardized evaluation benchmark that measures on AI agent's ability to solve and to end machine learning engineering tasks, including problem understanding, model development, experimentation, and result validation, under realistic time and resource constraints.

OpenAI MLE-Bench Eeggle Challenge Results

Performance across 75 competitive educational sites of the 40 selected four AI capabilities

Cost Efficiency

Inefficient routing, inventory, or resource allocation leaves significant money on the table. Optimization directly impacts the bottom line.

Speed to Market

Traditional manual or heuristic planning is slow, automated optimization accelerates decision-making cycles from weeks to hours.

Scalability

As business data grows, human intuition fails. Businesses need systems that handle exponential complexity without breaking.

Access now

Get more details and access to PiEvolve by accessing https://pioneer.fractal.ai/

PiEvolve released to all Fractalites. Teams can now request for licences and install it to be leveraged in their project / client work.

Certification and onboarding program is currently being designed and will be rolled out to drive further adoption across client work via Fractal's learning & development team - FAA.

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Vaidya 2.0 available with new features for all

Vaidya 2.0 is available on all major Mobile platforms and integrates seamlessly with a wide range of health devices.

API access to the Vaidya model is also offered, with flexible pricing options available.

AI CHAT · PDF · IMAGES

Report Interpretation
Talk to your health data - upload PDFs, images & documents for instant AI-powered analysis

MEDIVAULT

Medical Records Hub
Organised reports with severity-coded, AI-driven clinical breakdowns per document type

WELLNESS ENGINE

Goal Recommendation
Personalized, metric-aware health goals generated daily and adaptive to user progress

LOGGING ENGINE

Water & Sleep Tracking
Seamless daily logging for hydration and sleep via WhatsApp quick-reply check-ins

HEALTH REPORT ENGINE

Health Score
Composite score from biomarkers, physical activity, sleep quality & nutritional intake

CLINICAL TOOLS

Symptom Checker + Search
Structured symptom analysis paired with real-time intelligent web search for evidence

REMINDERS ENGINE

Medication Alerts
Smart, configurable medication reminders delivered through WhatsApp to maximise adherence

PDF GENERATION

Health Report Export
Professional, branded PDF health summaries with multilingual support for sharing with doctors

1. HealthBench (Hard) is OpenAI's most challenging subset of the HealthBench evaluation, designed to assess advanced clinical reasoning across complex diagnostic and management scenarios. The "Hard" split evaluates models on multi-step medical problem-solving requiring synthesis of clinical history, investigations, and evidence-based decision-making, with performance measured against expert-validated reference answers. HealthBench details: https://openai.com/research/healthbench . Scores self-reported in various peer reviewed papers by respective organisations https://openai.com/index/healthbench/

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Awards and Recognition

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HC Leadership Awards 2026

ET Human Capital Awards

GOLD
Excellence in HR Data Analytics

SILVER
Excellence in use of Generative AI for HRM

BRONZE
Excellence in Organizational Development

HR Leadership Awards

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Fractal course 'AI for Karmayogis' crossed 2.5 million completions by government learners

Karmayogi Bharat is a Government of India initiative that runs the iGOT platform - a learning system delivering self-paced learning to 14 million civil service professionals across India.

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'Leader' in Generative AI and Data Science Services by Analytics India Magazine (AIM)

For 4 years in a row

PeMa Quadrant
Nevish Evaluation Framework by AIM Research

For 6 years in a row

PeMa Quadrant
Mid-Market and Specialized Data Science
Service Providers 2025

Copyright © 2025 AIM Media House LLC. All rights reserved.

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Srikanth appointed Chairperson of NASSCOM

Srikanth Velamakanni

"I take on this role with a healthy respect for what lies ahead. AI progress is opening new ways for enterprises, large and small, to reimagine how they operate. Our focus will be to help drive the next phase of AI-led growth across services and products, and to prepare our workforce to lead with AI."

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fractal

Thank you

For more details on our performance, prefer refer to the Shareholders' letter and results at https://fractal.ai/investor-relations

Investor Relations Contact
Phone: +91 22 6850 5800
Email: investorrelations@fractal.ai

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Shareholding

Category	Count	Weighted avg. strike price	Cash inflow on exercise (INR Mn)
Outstanding shares	171,965,112
ESOP 2007 & 2019	13,751,583	455	6,258
MIP Time based	2,635,235	205	540
MIP Performance based	9,787,517	199	1,950
Fully diluted shares*	198,139,447		8,749

*Excludes reserved, not granted count of 1,280,507, including the same fully diluted shares are 199,419,954