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Fractal Analytics Limited (FRACTAL) Fair Value & Analysis

Technology · IN · Market cap ₹154B

FA Fractal Analytics Limited FRACTAL · NSE
Price₹834.35
Fair Value₹475.77
Upside-43.0%
Quality53/100
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Healthy Growth
Thin margins · 8.9% net margin
Low debt · generates free cash flow
Ranks above peers (8/13)
Moderate moat 50/100
Evidence: High Range ₹223.62 – ₹594.71 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 3 days ago

Share price −6.0% over the past month.

A solid business, but screening 43% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹594.71). The favourable scenario is already priced in.
  • The model range is unusually wide (₹223.62 to ₹594.71). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (6 months)

₹1,102 ₹751.50 Fair Value ₹475.77 Feb 2026 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Aug 13, 2026.

How to read this chart

6‑month range ₹751.50 – ₹1,102 · fair‑value band ₹223.62 – ₹594.71 · the ₹834.35 price screens above the ₹475.77 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Aug 13, 2026.

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Analysis

Fractal Analytics Limited (FRACTAL) currently trades at ₹834.35, while our model-based Fair Value estimate is ₹475.77, implying the stock looks roughly 43.0% overvalued today. The Quality Score stands at 53/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Fractal Analytics Limited generated revenue of ₹33.0B at a net margin of 8.9%. Revenue grew 17.0% year over year. It earns a return on equity of 11.6%. Net debt stands at ₹793M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹223.62 (bear case) to ₹594.71 (bull case); at ₹834.35, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 25% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -59% fair-value upside, at -43%, FRACTAL screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹177.08 ₹337.88 ₹642.44 80
Rev-Margin DCF ₹209.08 ₹412.36 ₹714.84 74
ROIC Compounder ₹175.00 ₹227.12 ₹291.08 72
All 24 models by family
DCF Models
FCF DCF ₹184.80 ₹305.09 ₹645.24 38
Owner Earnings ₹202.06 ₹441.83 ₹942.73 31
5Y Revenue Exit ₹209.08 ₹394.63 ₹749.86 39
5Y EBITDA Exit ₹340.91 ₹681.50 ₹1,294 41
5Y P/E Exit ₹311.28 ₹666.55 ₹1,126 38
10Y Revenue Exit ₹193.41 ₹407.77 ₹681.07 36
10Y EBITDA Exit ₹294.04 ₹655.04 ₹1,328 37
10Y P/E Exit ₹273.23 ₹599.48 ₹1,167 35
Earnings-Based
Graham-Dodd ₹115.54 ₹798.48 ₹1,120 54
Lynch FV ₹235.27 ₹336.10 ₹436.93 50
PEG = 1.0 ₹235.27 ₹336.10 ₹436.93 46
EPV ₹175.00 ₹202.16 ₹225.93 59
Multiples
P/E Multiple ₹356.83 ₹475.77 ₹594.71 63
P/S Multiple ₹216.65 ₹288.86 ₹361.08 58
P/B Multiple ₹216.65 ₹288.86 ₹361.08 55
EV/EBIT ₹401.92 ₹531.89 ₹661.86 53
EV/EBITDA ₹411.06 ₹544.07 ₹677.08 54
EV/Revenue ₹209.14 ₹293.62 ₹378.10 43
Asset-Based
NCAV (Graham) ₹92.60 ₹124.09 ₹185.21 50
Growth DCF
Growth DCF ₹177.08 ₹337.88 ₹642.44 80
Rev-Margin DCF ₹209.08 ₹412.36 ₹714.84 74
Economic Profit
Residual Income ₹159.25 ₹174.54 ₹248.44 61
ROIC Compounder ₹175.00 ₹227.12 ₹291.08 72
Growth Earnings
Growth-Adj P/E ₹369.43 ₹527.75 ₹686.08 68

Widest divergence: Growth Earnings (₹527.75) versus Asset-Based (₹124.09). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹33.0B
Revenue growth (YoY) +17.0%
Net margin 8.9%
Return on equity 11.6%
Free cash flow ₹1.9B FY2026
P/E ratio 48.5
More key figures
Operating margin 16.2%
EPS (TTM) ₹17.21
EPS growth (YoY) +106%
Net debt ₹793M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 54 · Market factors (momentum, volatility) 30

Profitability 45
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 41
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 25
Disciplined investing over empire-building
Low Volatility 20
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Fractal Analytics Limited provides artificial intelligence and analytics solutions to automate business workflows, extract insights from data, and optimize enterprise operations. The company delivers engineering solutions at scale, including services to optimize retail and supply chains and improve customer experiences.

Full company description

Fractal Analytics Limited provides artificial intelligence and analytics solutions to automate business workflows, extract insights from data, and optimize enterprise operations. The company delivers engineering solutions at scale, including services to optimize retail and supply chains and improve customer experiences. It offers self-serve analytics platforms, conversational AI-based business intelligence tools, and proprietary AI-enabled algorithms for extracting and structuring data from images, videos, and unstructured customer interactions. The company develops machine learning solutions to analyze customer behavior, automated customer interaction insights suites, and GenAI solutions for digital transformation, risk minimization, and security enhancement. It also provides frameworks and methodologies for identifying drivers of client behavior and designing targeted interventions. The company serves clients in financial services, media, retail, consumer goods, investment industries, and global enterprises seeking to optimize supply chains and customer experiences. The company was founded in 2000 and is based in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2023 – FY2026 · reported fiscal years

Fractal Analytics Limited reported revenue of ₹33.0B in FY2026 versus ₹19.9B in FY2023, a compound +18.5%/yr. Reported net income was ₹2.9B in FY2026, compounding +12.9%/yr from FY2023.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹33.0B
Latest YoY
+19.3%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+18.5%
Revenue +18.5%/yr
FY23 ₹19.9B
FY24 ₹22.0B
FY25 ₹27.7B
FY26 ₹33.0B
Net income +12.9%/yr
FY23 ₹2.0B
FY24 −₹475M
FY25 ₹2.2B
FY26 ₹2.9B

FRACTAL screens 43% overvalued. Compare with Microsoft Corporation →

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Cite: Fair Value Calculator (2026). "Fractal Analytics Limited Fair Value". https://www.fairvalue-calculator.com/stock/FRACTAL

Peer Group

Software - Infrastructure · 369 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 53 · Above median
Fair Value upside −43% · Below median
Return on equity (TTM) 12% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 9% · Above median
Operating margin (TTM) 16% · Top 25%
Revenue growth 17% · Above median

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/E (TTM) 48.5× · Pricier than median
P/B 4.84× · Pricier than 75% of peers
P/S (TTM) 4.68× · Pricier than median
P/FCF 0.9× · Cheaper than 75% of peers
EV/EBITDA 32.7× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 85 · sector 48
PAST 46 · sector 14
HEALTH 100 · sector 99
DIVIDEND 0 · sector 29

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $506.06 $365.74 -28%
Oracle Corporation ORAC C$7.22 C$2.34 -68%
Fortinet, Inc FTNT $160.84 $61.46 -62%
Synopsys, Inc 1SNPS €358.00 €93.61 -74%
Block, Inc XYZ A$111.01 A$70.69 -36%
Range Intelligent Computing Technology Group 300442 ¥67.70 ¥30.89 -54%
Oracle Financial Services Software Limited OFSS ₹11,679 ₹6,897 -41%
360 Security Technology Inc 601360 ¥9.58 ¥1.05 -89%
One97 Communications Limited PAYTM ₹1,610 ₹241.68 -85%
PT GoTo Gojek Tokopedia Tbk GOTO 50.00 IDR 20.41 IDR -59%

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Frequently asked questions

Is Fractal Analytics Limited (FRACTAL) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹475.77 versus a price of ₹834.35, about −43% (overvalued).
What is the fair value of FRACTAL?
Our model-based fair value for Fractal Analytics Limited is ₹475.77 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹834.35.
What is the quality score of FRACTAL?
Fractal Analytics Limited has a Quality Score of 53/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Fractal Analytics Limited (FRACTAL)?
Fractal Analytics Limited reported trailing-twelve-month revenue of about ₹33.0B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of FRACTAL?
The net profit margin of Fractal Analytics Limited is about 8.9%, meaning it keeps roughly 8.9% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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