Fractal Analytics Annual Report 2023-24

Notes to the Consolidated Financial Statements as at and for the year ended March 31, 2024

Notes to the Consolidated Financial Statements as at and for the year ended March 31, 2024

36 A s per Schedule III of the Companies Act 2013, the required information on subsidiaries is provided in the following table: Additional information, as required under schedule III to the Companies Act, 2013, of entities consolidated as subsidiaries:

Net Assets i.e. Total Assets minus Total Liabilities

Share in Total Comprehensive Income As % of Consolidated Profit or Loss Amount

Share in Profit or Loss As % of Consolidated Profit or Loss Amount

Share in OCI

As % of Consolidated

As % of Consolidated Profit or Loss Amount

For year ended March 31, 2024

Name of the subsidiaries Fractal Analytics (Shanghai) Limited

Net Assets Amount

(in Rupees million)

0% (33)

-1%

3

0%

-

-1%

3

Net Assets i.e. Total Assets minus Total Liabilities

Share in Total Comprehensive Income As % of Consolidated Profit or Loss Amount

Fractal L.L.C-FZ

0% (10)

-1%

7

0% 0% 0% 0% 0% 0% 0%

- - - - - - -

-1%

7

Share in Profit or Loss As % of Consolidated Profit or Loss Amount

Share in OCI

Fractal Frontiers, Inc

0%

2

0% (1)

0% (1)

As % of Consolidated

As % of Consolidated Profit or Loss Amount

Limited Liability Company “Symphony (Ukraine) Final Mile Consulting LLP

0% (29)

-1%

3

-1%

3

Name of the subsidiaries Parent Fractal Analytics Private Limited Subsidiaries Fractal Analytics Inc., USA Fractal Private Limited, Singapore Cuddle Artificial Intelligence Private Limited Final Mile Consultants Private Limited Theremin AI Solutions Private Limited

Net Assets Amount

2% 284

0%

3

-1%

3

119% 16,898

-146% 799

93% 45

-169% 844

Cuddle.ai Inc Eugenie.AI INC

0%

0

-79% 430 17% (93)

-86% 430 19% (93)

3% 373

Theremin Multi-strategy Fund LLP

0%

-

0%

-

0%

-

4% 587 -1% (132)

120% (656)

0% 0%

- -

132% (656)

Total

115% 16,393 -47% (6,595)

-175% 955 222% (1,212)

102% 50

-202% 1,005 244% (1,212)

0%

3

-1%

3

Adjustments arising out of Consolidation: Adjustment for associate entity accounted under equity method Non controlling interest

0% (0)

0% (6)

-145% 795

0%

-

-159% 795

30% 4,259

40% (218)

-2% (2)

44% (220)

-1% (165)

-3% 18

0%

-

-4% 18

0% 16

4% (23)

0%

-

5% (23)

2% 142

13% (72) 100% (547)

0% (0)

14% (72) 100% (499)

Total

100% 14,199

100% 48

Eugenie Technologies Private Limited

0% 35

-1%

6

5%

3

-2%

9

Amount appearing as zero denotes amount less than C 1 million

Fractal Alpha Private Limited Asper.AI Technologies Private Limited Senseforth AI Research Private Limited Analytics Vidya Educon Private Limited Neal Analytics Services Private Limited Step down Subsidiaries Fractal Analytics UK Limited

0%

1

0% (0) -6% 31

0%

-

0% (0) -6% 30

As per Schedule III of the Companies Act 2013, the required information on subsidiaries is provided in the following table: Additional information, as required under schedule III to the Companies Act, 2013, of entities consolidated as subsidiaries:

-1% (140)

-2% (1)

2% 265

17% (94)

6%

3

18% (91)

For year ended March 31, 2023

0% (32)

21% (115)

0%

0

23% (115)

(in Rupees million)

Net Assets i.e. Total Assets minus Total Liabilities

-1% (83)

0%

2

0%

-

0%

2

Share in Total Comprehensive Income As % of Consolidated Profit or Loss Amount

Share In Profit or Loss As % of Consolidated Profit or Loss Amount

Share In OCI

As % of Consolidated

As % of Consolidated Profit or Loss Amount

-4% (553)

-15% 83

0% 0% 0% 0% 0% 0% 0%

- - - - - - -

-17% 83

Name of the subsidiaries Parent Fractal Analytics Private Limited Subsidiaries Fractal Analytics Inc., USA Fractal Private Limited, Singapore Cuddle Artificial Intelligence Private Limited Final Mile Consultants Private Limited Theremin AI Solutions Private Limited

Net Assets Amount

4i Consulting Inc

0%

-

0%

-

0%

-

Asper.AI Inc

-3% (361) 0% (54) 0% (4) -2% (253) 0% (18)

54% (298) 9% (52)

60% (298) 10% (52)

112% 15,005

-28% (560)

20% 20

-25% (540)

Senseforth AI Research Inc

Asper.AI Limited, UK Neal Analytics LLC Fractal Analytics (Switzerland) GmbH

0%

0

0%

0

-9% 48

-10% 48

6% 746 1% 117

-63% (1,272)

0% 0%

- -

-60% (1,272)

0%

2

0%

2

0%

7

0%

7

Fractal Analytics Malaysia SDN BHD Fractal Analytics (Germany) GmbH Fractal Analytics (Canada) Inc.

0% (5)

0% (0)

0%

-

0% (0)

-6% (791)

-16% (324)

0%

0

-15% (324)

0% (9)

0%

0

0%

-

0%

0

1% 147

1% 17

0% (0)

1% 17

-1% (80)

-5% 26

0%

-

-5% 26

0%

8

-6% (129)

0%

0

-6% (129)

Fractal Analytics Netherlands B.V

0% (12)

-1%

5

0%

-

-1%

5

Eugenie Technologies Private Limited

0% (44)

1% 16

-1% (1)

1% 15

Fractal Analytics Australia Pty. Limited Fractal Analytics Sweden AB

-1% (88)

-4% 23

0%

-

-5% 23

Fractal Alpha Private Limited Samya.AI Technologies Private Limited

0% (0) 1% 109

0% (5) 1% 24

0% 0%

-

0% (5) 1% 24

0

0% (1)

0%

0

0%

-

0%

0

244

245

Fractal Analytics Limited | Annual Report 2023-24

Made with FlippingBook - PDF hosting