Fractal Analytics Annual Report 2023-24

Standalone Balance Sheet As at March 31, 2024

Standalone Statement of Profit and Loss For the year ended March 31, 2024

(in Rupees million) As at March 31, 2023*

(in Rupees million)

As at March 31, 2024

Particulars

Note

Year ended March 31, 2024

Year ended March 31, 2023*

Particulars

Note

ASSETS (A) Non-current assets

(1) Income

(a) Property, plant and equipment

3 4 5 6

167 954 535

308 221 535 120

(a) Revenue from operations

20 21

11,447

9,941

(b) Right-of-use assets

(b) Other income

383

583

(c) Goodwill

(d) Other intangible assets

64 32

Total Income

11,830

10,524

(e) Intangible assets under development

6.1

1

(2) Expenses

(f) Financial assets (i) Investments

7

5,393

5,132

(a) Employee benefits expense (b) Employee stock option expense

22 33 23 24 25

8,844

7,265 1,049

(ii) Other financial assets

11 12

213

304

555

(g) Deferred tax assets (net) (h) Income tax assets (net) (i) Other non-current assets

77

43

(c) Finance costs

19

40

159

143

13

12

33

(d) Depreciation and amortisation expense

456

452

Total non-current assets (B) Current assets

7,606

6,840

(e) Other expenses

1,120

1,502

(a) Financial assets (i) Investments

Total Expenses

10,994

10,308

7 8 9

4,174 6,798

2,753 6,523

(3) Profit before exceptional items and tax expense (1-2)

837

216 368

(ii) Trade receivables

(4) Exceptional items

26

(469)

(iii) Cash and cash equivalents

123 164 215 442

79

(iv) Loans

10 11 13

116

(5) Profit/(Loss) before tax expense (3-4)

1,306

(152)

(v) Other financial assets

38

(6) Tax expense (a) Current tax

(b) Other current assets

441

Total current assets

11,916 19,522

9,950 16,790

37 12

121

151

Total Assets

(b) Deferred tax (credit) / charge

(45)

8

EQUITY AND LIABILITIES (A) Equity (a) Share capital

Total tax expense

76

159

14 15

31

31

(7) Profit/(Loss) for the year (5-6)

1,230

(311)

(b) Other equity

16,852 16,883

14,530 14,561

(8) Other comprehensive income (1) Items that will not be reclassified subsequently to profit or loss (a) Remeasurement of defined employee benefit plans

Total equity (B) Liabilities

(I) Non-current liabilities (a) Financial liabilities (i) Lease liabilities

28

18

25

30 17 19

722

42

(b) Income tax on items (a) above

(5)

(7)

(ii) Other financial liabilities

35

2

(2) Items that will be reclassified subsequently to profit or loss (a) Effective portion of gains on of derivatives designated as cash flow hedge (b) Effective portion of gains on of derivatives designated as cash flow hedge reclassified subsequently to profit or loss

(b) Provisions

157 914

93

50

-

Total non-current liabilities

137

(II) Current liabilities

(a) Financial liabilities

(7)

-

(i) Lease liabilities (ii) Trade payables

30 16

168

229

(c) Income tax on items (a) and (b) above

(11)

-

1. Total outstanding dues of micro enterprise and small enterprises 2. Total outstanding dues of creditors other than micro enterprises and small enterprises

43

5

Total other comprehensive income

45

18

(9) Total comprehensive Income/(Loss) for the year (7+8)

220 965 244

675 904 181

1,275

(293)

Earnings per share (EPS)

36

(iii) Other financial liabilities

17 18 19

(b) Other current liabilities

(1) Basic EPS (2) Diluted EPS

40.37 37.04

(10.25) (10.25)

(c) Provisions

85

80 18

(d) Current tax liabilities (net)

-

Total current liabilities

1,725 2,639 19,522

2,092 2,229 16,790

* Refer note 35 for business combination Material accounting policies

Total liabilities

2 The accompanying notes form an integral part of the standalone financial statements. As per our report of even date attached. For B S R & Co. LLP For and on behalf of the Board of Directors of Chartered Accountants Fractal Analytics Limited Firm’s Registration Number: 101248W/W-100022 CIN: U72400MH2000PLC125369

Total Equity and Liabilities

* Refer note 35 for business combination Material accounting policies

2 The accompanying notes form an integral part of the standalone financial statements. As per our report of even date attached. For B S R & Co. LLP Fractal Analytics Limited Firm’s Registration Number: 101248W/W-100022 CIN: U72400MH2000PLC125369 Chartered Accountants

For and on behalf of the Board of Directors of

Rajesh Mehra

Srikanth Velamakanni Whole-Time Director

Sasha Gulu Mirchandani Somya Agarwal

Partner

Director

Company Secretary

Membership Number: 103145

DIN: 01722758

DIN: 01179921

Membership number: A17336

Rajesh Mehra

Srikanth Velamakanni Whole-Time Director

Sasha Gulu Mirchandani Somya Agarwal

Partner

Director

Company Secretary

Mumbai

London

London

London

Membership Number: 103145

DIN: 01722758

DIN: 01179921

Membership number: A17336

Date: June 17, 2024

Date: June 17, 2024 Date: June 17, 2024

Date: June 17, 2024

Mumbai

London

London

London

Date: June 17, 2024

Date: June 17, 2024 Date: June 17, 2024

Date: June 17, 2024

132

133

Fractal Analytics Limited | Annual Report 2023-24

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