Fractal Analytics Annual Report 2023-24

Consolidated Balance Sheet As at March 31, 2024

Consolidated 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

Year ended March 31, 2024

Year ended March 31, 2023

Particulars

Note

Particulars (1) Income

Note

ASSETS (A) Non-current assets

(a) Revenue from operations

21 22

21,963

19,854

(a) Property, plant and equipment

3

227

412 468

(b) Other income

456

583

(b) Right-of-use assets

4 5 6

1,166 3,513 1,356

Total Income (2) Expenses

22,419

20,437

(c) Goodwill

3,475 1,229

(d) Other intangible assets

(e) Intangible assets under development (f) Investment accounted for under the equity method

6.1

59

7

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

23 33 24 25 26

17,370

16,085

7

4,259

4,479

963 445 832

1,587

(g) Financial assets (i) Investments

(c) Finance costs

453 781

7

79

12

(d) Depreciation and amortisation expense

(ii) Other financial assets Bank deposits

(e) Other expenses

2,896 22,506

3,346 22,252

11 11 13

9

80

Total Expenses

Others

164 479 193

187 399 162

(3) (Loss) before share of loss of an associate, exceptional items and tax expense (1-2)

(87)

(1,815)

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

12

12

40

(4) Share of (loss) of an associate

37

(163) (250)

(290)

Total non-current assets (A) (B) Current assets

11,516

10,950

(5) (Loss) before exceptional items and tax expense (3-4)

(2,105)

(6) Exceptional items

26.1

(55)

5,239 3,134

(a) Financial assets (i) Investments

(7) (Loss) /Profit before tax expense (5-6)

(305)

7 8

4,455 5,333

2,906 5,009 2,132

(8) Tax expense

13

(ii) Trade receivables

(a) Current tax

325

179

(iii) Cash and cash equivalents (iv) Bank balances other than (iii) above

9a 9b 10 11 12

812

(b) Deferred tax (credit)/charge

(83)

1,011 1,190 1,944

66

71

Total tax expense

242

(v) Loans

282

269

(vi) Other financial assets

65

-

(9) (Loss)/Profit for the year (7-8)

(547)

(b) Other current assets

1,391 12,404 23,920

1,150 11,537 22,487

(10) Other comprehensive income (1) Items that will not be reclassified subsequently to profit or loss (a) Remeasurement of defined employee benefit plans (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 to profit or loss (b) Income tax on items (a) above

Total current assets (B) Total Assets (A+B) EQUITY AND LIABILITIES (A) Equity (a) Share capital

23

24

(6)

(7)

14 15

31

31

50

-

(b) Other equity

14,026 14,057

13,400 13,431

Equity attributable to equity holders of the Company

(c) Non-controlling interest

142

203

(7)

-

Total equity (C) (B) Liabilities

14,199

13,634

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

(11)

-

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

(d) Share of loss of associate (net of taxes) recognised in other comprehensive income (e) Exchange differences on translation of foreign operations

(2)

1

16 30 18 20 13

2,501

3,221

1

79 97

(ii) Lease liabilities

913 310 187

243 140 118

Total other comprehensive income

48

(iii) Other financial liabilities

(11) Total comprehensive (Loss) / income for the year

(499)

2,041

(b) Provisions

(c) Deferred tax liabilities

1,016 4,927

1,016 4,738

(Loss)/Profit for the year attributable to: Owners of the parent

Total non-current liabilities (D)

(475)

2,030

(II) Current liabilities

Non-Controlling Interest

(72)

(86)

(a) Financial liabilities (i) Borrowings

Total

(547)

1,944

16 30 17

-

35

Other comprehensive income for the year attributable to: Owners of the parent

(ii) Lease liabilities (iii) Trade payables

218

273

48

97

Non-Controlling Interest*

(0)

0

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

40

5

Total

48

97

Total comprehensive (loss) /income for the year attributable to: Owners of the parent

472

566

(427)

2,127

(iv) Other financial liabilities

18 19 20

2,454 1,408

1,866 1,242

Non-Controlling Interest

(72)

(86)

(b) Other current liabilities

Total

(499)

2,041

(c) Provisions

148

110

Earnings per share (Rupees per share)

38

(d) Current tax liabilities (net)

54

18

(1) Basic EPS (2) Diluted EPS

(15.60) (15.60)

66.96 62.08

Total current liabilities (E) Total liabilities (D+E)

4,794 9,721 23,920

4,115 8,853 22,487

Total Equity and Liabilities (C+D+E)

* Amount less than C 1 million Material accounting policies

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

2 The accompanying notes form an integral part of the consolidated 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

For and on behalf of the Board of Directors of

Rajesh Mehra

Srikanth Velamakanni Whole-Time Director

Sasha Gulu Mirchandani Somya Agarwal

Rajesh Mehra

Srikanth Velamakanni Whole-Time Director

Sasha Gulu Mirchandani Somya Agarwal

Partner

Director

Company Secretary

Partner

Director

Company Secretary

Membership Number: 103145

DIN: 01722758

DIN: 01179921

Membership number: A17336

Membership Number: 103145

DIN: 01722758

DIN: 01179921

Membership number: A17336

Mumbai

London

London

London

Mumbai

London

London

London

Date: June 17, 2024

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

Date: June 17, 2024

Date: June 17, 2024

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

Date: June 17, 2024

194

195

Fractal Analytics Limited | Annual Report 2023-24

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