Notes to the Standalone Financial Statements as at and for the year ended March 31, 2024
Notes to the Standalone Financial Statements as at and for the year ended March 31, 2024
(in Rupees million) March 31, 2023
(in Rupees million) March 31, 2023
Sr. No Nature of Transaction
March 31, 2024
Sr. No Nature of Transaction
March 31, 2024
B 1
Closing balances
Fractal Analytics Incorporated, USA
31
39
10 Intercorporate loan/ advance given Eugenie Technologies Private Limited
Trade and other receivables including unbilled receivables (Gross) Fractal Analytics Incorporated, USA
-
10
5,888
5,721
Fractal Alpha Private Limited Senseforth AI Research Pvt. Ltd
1
6
Theremin AI Solutions Private Limited Eugenie Technologies Private Limited
25 53
24 47
120
116
Theremin AI Solutions Private Limited Intercorporate loans with interest repaid Eugenie Technologies Private Limited
3
-
Fractal Analytics Limited, UK*
0
0
11
Asper.AI Inc, USA
-
11 23
10
17
Senseforth AI Research Pvt. Ltd
11 78
Fractal Alpha Private Limited
-
6
Asper.AI Technologies Private Limited Final Mile Consultants Private Limited
- -
12
Intercorporate advances recovered Theremin Ai Solutions Private Limited
0
3
-
Final Mile Consulting LLC
32
5
13
Redemption of investment in 0.1% Optional Convertible Debentures Eugenie Technologies Private Limited
Fractal Analytics (Canada) Inc.* Fractal Analytics Australia Pty Ltd.*
0 0 0
- - - -
92
-
14 Sale of investment in equity instruments of subsidiary Asper.AI Technologies Private Limited
Fractal L.L.C-FZ*
138
-
Cuddle Artificial Intelligence Private Limited
17
15 Cost of delivery
Cuddle.ai Inc, USA Neal Analytics LLC
- -
5
Senseforth AI Research Pvt. Ltd
13
-
102
Analytics Vidya Educon Private Limited
-
10
2
Trade and other payables Analytics Vidhya Educon Private Limited
16 Staff training expenses
5 0
- -
Analytics Vidya Educon Private Limited Marketing support services availed from Cuddle.ai Inc, USA
15
9
Fractal Alpha Private Limited*
17
Fractal Analytics Incorporated, USA
62
35
-
162
Cuddle.ai Inc, USA
-
432
18 Provision for doubtful receivables and loans Eugenie Technologies Private Limited
Neal Analytics Services Private Limited Cuddle Artificial Intelligence Private Limited*
1 0
- -
7 2
56 24
Theremin Ai Solutions Private Limited Senseforth AI Research Pvt. Ltd
3
Intercompany loans (Gross) Eugenie Technologies Private Limited Senseforth AI Research Pvt. Ltd
98
- -
-
10
Fractal Alpha Private Limited
1
236
116
19 Impairment provision for investment in equity instruments in subsidiary Fractal Alpha Private Limited
Fractal Alpha Private Limited*
1
0
5
-
4
Interest receivable on intercorporate deposit Senseforth AI Research Pvt. Ltd Eugenie Technologies Private Limited*
Theremin Ai Solutions Private Limited Eugenie Technologies Private Limited Analytics Vidya Educon Private Limited Senseforth AI Research Private Limited
- - - -
46
3
3 0 0
1
-
16
Fractal Alpha Private Limited*
0
119
5
Interest receivable on Compulsory Convertible Debentures Eugenie Technologies Private Limited*
20 Impairment provision for investment in 0.1% Compulsory Convertible Debentures Eugenie Technologies Private Limited
0
-
-
52
6
Credit liabilities from financial guarantees Fractal Analytics Incorporated, USA Deemed Investment in subsidiaries (Refer note 7) Fractal Analytics Inc, USA
21
Impairment provision for investment in preference shares in subsidiary Theremin AI Solutions Private Limited
55
80
-
53
7
22 Impairment provision for deemed investment in subsidiaries Theremin Ai Solutions Private Limited 23 Reversal of provision for doubtful receivables and loans Eugenie Technologies Private Limited
654 342
390 233
-
2
Fractal Analytics UK Limited, UK Theremin Ai Solutions Private Limited Senseforth AI Research Pvt. Ltd
2
2
10
-
65 19
46 19
24 Reversal of impairment provision for investment in 0.1% Compulsory Convertible Debentures Eugenie Technologies Private Limited
Neal Analytics LLC
8
Investment in 0.1% Compulsory Convertible Debentures Eugenie Technologies Private Limited
92
-
-
92
25 Business Consideration payable
Final Mile Consultants Private Limited Neal Analytics Services Private Limited
- - -
31 78
Cuddle Artificial Intelligence Private Limited 84 **Note : The sitting fees paid to independent directors amounting to C 16 million and 7 million for the year ended March 31, 2024 and March 31, 2023 respectively.
168
169
Fractal Analytics Limited | Annual Report 2023-24
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