Tracxn Financial Results for Q1 FY26

Data and research platform Tracxn has revealed its financial outcomes for the first quarter of the current fiscal year (Q1 FY26) on Thursday. The company’s revenue experienced a slight growth of 3.4% during this period, while profits witnessed a decline of 12.6%.

The revenue from operations for Tracxn rose by 3.4% to Rs 21.2 crore in Q1 FY26, compared to Rs 20.5 crore in the same quarter of the previous fiscal year (Q1 FY25), as per the financial statements obtained from the National Stock Exchange (NSE).

When compared quarter-on-quarter, Tracxn’s operating revenue remained stable at Rs 21.2 crore in Q1 FY26, aligning closely with Rs 21.14 crore reported in Q4 FY25.

The entire operating revenue for Tracxn was derived from subscription sales, which provide access to its data and software. Nevertheless, the Bengaluru-based company did not disclose a detailed revenue breakdown for the reported quarter.

Additionally, Tracxn generated Rs 1.68 crore from non-operating sources, bringing its total revenue to Rs 22.88 crore in the first quarter.

Employee benefits emerged as the primary cost centre for Tracxn, making up 88% of the total expenditure. This expense has risen by 7% year-on-year, increasing to Rs 18.95 crore in Q1 FY26 from Rs 17.67 crore in Q1 FY25. Overall, Tracxn’s total costs expanded by roughly 6%, reaching Rs 21.43 crore in Q1 FY26.

The company’s profit after tax has dropped to Rs 1.11 crore in Q1 FY26 from Rs 1.27 crore in Q1 FY25. However, Tracxn reported a profit before tax amounting to Rs 1.45 crore.

As of the end of Thursday’s trading session, Tracxn’s share price was at Rs 56.24, reflecting a market capitalization of Rs 604 crore ($69 million).

Tracxn Financial Results Q4 FY25: Revenue Growth and Losses

Tracxn, a data and research platform, announced its financial results for the fourth quarter of the last fiscal year, Q4 FY25, on Monday. During this period, the firm experienced losses, even as its revenue showed a modest increase of 5% year-on-year.

According to financial statements from the National Stock Exchange (NSE), Tracxn’s revenue from operations remained steady at Rs 21 crore in Q4 FY25, compared to Rs 20 crore during the same quarter in the previous fiscal year, Q4 FY24.

Annual Operating Revenue Analysis

For the entire fiscal year FY25, Tracxn’s operating revenue saw a slight rise of 2%, reaching Rs 84.5 crore, up from Rs 83 crore in FY24. All of Tracxn’s operating revenue came from subscription sales, which provide access to its data and software offerings. However, the firm did not disclose a detailed revenue breakdown for the recent quarter.

Revenue and Other Income Insights

Additionally, Tracxn earned Rs 1.5 crore from non-operating sources, bringing its total revenue for Q4 FY25 to Rs 22.7 crore. In total, Tracxn’s income for the full fiscal year FY25 amounted to Rs 90.36 crore.

Cost Analysis

Employee benefits constituted the largest expense for Tracxn, making up 86% of its total costs. These expenses rose by 5.6% year-on-year, increasing to Rs 19.36 crore in Q4 FY25 from Rs 17.77 crore in Q4 FY24. Overall costs for Tracxn surged by approximately 10%, reaching Rs 22 crore in Q4 FY25. For the fiscal year ending March 2025, total expenses rose to Rs 84 crore.

Losses and Profitability Metrics

The stagnant revenue combined with nearly a 10% rise in total costs resulted in Tracxn facing losses. The company reported a loss after tax of Rs 8 crore in Q4 FY25, compared to a profit of Rs 1.42 crore in Q4 FY24. Nevertheless, Tracxn recorded a profit before tax of Rs 73 lakhs. For the full fiscal year FY25, the company’s total losses amounted to Rs 9.5 crore.

Recent Company Developments

Recently, the company approved an Employee Stock Option Plan (ESOP) granting over 2 lakh shares, valued at Rs 41.6 lakh.

As per the latest trading session, Tracxn’s share price was Rs 63, reflecting a market capitalization of Rs 674 crore, approximately $79 million.