Fractal Analytics IPO opens for subscription on February 9, 2026, and closes on February 11, 2026, featuring a massive issue size of ₹2,833.90 crore, priced at ₹857 – ₹900 per share for listing on BSE and NSE. India’s pioneering AI unicorn, headquartered in Mumbai, delivers analytics platforms and consulting to Fortune 500 clients across consumer goods, telecom, healthcare, and BFSI sectors, leveraging the proprietary Cogentic AI suite. Fractal Analytics IPO positions investors at the forefront of India’s AI revolution amid global enterprise digitization.
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Expert Opinions
Market sentiment for Fractal Analytics IPO tilts positively amid AI sector euphoria and strong enterprise demand, tempered by scrutiny over services-heavy model versus pure SaaS peers. Company strengths feature marquee Fortune 500 clients like Citi and Nestle contributing 26% revenue growth to ₹2,816 crore, 503% PAT surge to ₹220.60 crore, integrated Cogentic AI platform, and founder-led innovation culture.
Risks involve 65.5x elevated P/E, 96% revenue dependency on analytics services exposing to project-based volatility, client concentration, and intensifying competition from Accenture AI units. Valuation analysis for Fractal Analytics IPO and year 2025 reveals RONW of 12.6% paired with Net Asset Value (NAV) of ₹104, trading at 8.65x book amid 14.4% EBITDA margins. Long-term investment perspective aligns with 18.9% global AI analytics CAGR through 2030, rewarding execution on SaaS acceleration and R&D capex.
Investor Considerations
Fractal Analytics IPO showcases impressive company performance and fundamentals for FY 2025, with revenue growing 26% to ₹2,765 crore, PAT rebounding to ₹220.60 crore from prior losses, and EBITDA margins expanding to 14.4% on AI platform adoption. AI analytics sector outlook accelerates at 19% CAGR through 2030, propelled by enterprise GenAI investments and data monetization. IPO Valuation of Financial Year 2025 for Fractal Analytics IPO and year indicates Price to Book Value of 8.65 alongside PAT Margin of 8.00%, premium to peers reflecting growth premium.
Growth prospects center on SaaS revenue doubling via R&D capex and acquisitions targeting 30% topline expansion. Risk factors include client concentration (top 10 at 31%), services dependency (96%), 65% US revenue exposure to economic slowdowns, and high 19.4% attrition. Short-term investment goals risk valuation decompression, while long-term horizons benefit from AI secular tailwinds and recurring revenue shift.
FAQs
Fractal Analytics IPO Current GMP is ₹65.
Fractal Analytics IPO Expected Returns is 7.22%.
Fractal Analytics IPO estimated listing price is ₹965.