Tracxn Technologies Ltd. · NSE:TRACXN
Tracxn Technologies — Q2FY27 Earnings Presentation
60 slides from Tracxn Technologies's earnings presentation, Nov 4, 2026
Slide 1: Intimation of Investor Presentation to stock exchanges
Email: investor.relations@tracxn.com Ph: +91 90360 90116 Website: www.tracxn.com November 04, 2026 To, To, BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai - 4
Slide 2: Private Market Intelligence Platform - Q2FY27 Investor Presentation
Private Market Intelligence Platform Q2FY27 Investor Presentation Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.
Slide 3: Disclaimer
Disclaimer By attending this presentation including the commentary by the Company management This Presentation may contain, words or phrases that are forward-looking statements that and the transcript of the same, together (“Presentation”) and/or accepting a copy of it, involve risks and uncertainti
Slide 4: Tracxn Overview
Tracxn Overview Tracxn is a Data & Software platform for global Private Markets We work with Venture Capital Firms, Private Equity Firms, Investment Banks - as well as M&A & Innovation teams of large Corporates Global Platform, customers spanning 50+ countries 3
Slide 5: Q2FY27 Financial Performance
Q2FY27 Financial Performance 4
Slide 6: Q2 & H1FY27: Financial Performance Summary
Q2 & H1FY27: Financial Performance Summary Revenue from Operations EBITDA Customer Accounts (#) Revenue by Segment Q2FY27 Q2FY27 Q2FY27 21.3 Cr -5.9 Cr 2,419 India 11.3 Cr ▲ 1.1% QoQ ▼ 1.7 Cr QoQ ▲ 13% YoY ▲ 6.9% QoQ Intl. 10.0 Cr (H1FY27: 42.4 Cr, -0.2% YoY) (H1FY27: -10.2 Cr, -9.4 Cr YoY) ▼ 4.8% Q
Slide 7: Q2FY27: Revenue & Profitability
Q2FY27: Revenue & Profitability Revenue from Operations Total Income Revenue from Operations (in INR Cr.) (in INR Cr.) Historical annual (in INR Cr.) ▲ 0.3% ▲ 0.8% ▲ 1.1% ▲ 0.4% 14% CAGR EBITDA PAT EBITDA (in INR Cr.) Adj. EBITDA: -5.4 Cr. (in INR Cr.) Historical annual (in INR Cr.) excl. non-cash E
Slide 8: Incremental Revenue going into Bottomline
Incremental Revenue going into Bottomline (in INR Cr.) Historical Annual: H1FY27 FY21 FY22 FY23 FY24 FY25 FY26 Revenue from operations 42.4 43.8 63.5 78.1 82.8 84.5 84.0 Incremental Revenue from Operations (Δ) (0.1) +6.4 +19.7 +14.7 +4.7 +1.7 (0.5) EBITDA (10.2) (17.1) (1.9) 2.6 4.6 0.8 (6.6) Increm
Slide 9: H1FY27: Expense Breakup
H1FY27: Expense Breakup Total Expense Total Expense - Breakup (for H1FY27) (in INR Cr.) (in INR Cr.) % of Total H1FY27 Expense Historical Annual Employee Benefit Expenses 45.3 Cr. 86.0% Salaries, Wages & Bonus 43.0 Cr. 81.7% Employee Stock Option Expense 1.2 Cr. 2.2% 8% 22% CAGR Other Employee Benef
Slide 10: H1FY27: Continued Volume Growth
H1FY27: Continued Volume Growth Customer Accounts (#) Users (#) Historical Annual Historical Annual 13% 16% 21% CAGR 22% CAGR Continuing to acquire customers & penetrate existing accounts at a healthy pace 9 Note: As at the end of each reporting period
Slide 11: H1FY27: FCF and Cash & Cash Equiv.
H1FY27: FCF and Cash & Cash Equiv. FCF (Free Cash Flow)1 Cash & Cash Equivalents1,2 (in INR Cr.) (in INR Cr.) Historical Annual Historical Annual Buyback done in FY26 7.6 Cr. Note: (1) Excluding tax amounts received from employees against ESOP exercise as on the respective end of period 10 (2) Cash
Slide 12: Q2FY27: Healthy increase in Deferred Revenue
Q2FY27: Healthy increase in Deferred Revenue Deferred Revenue (in INR Cr.) Historical Annual 9% (YoY) 13% CAGR Deferred revenue for Q2FY27 increased 9% YoY 11 Note: Deferred Revenue includes proforma bills wherein invoice is to be raised after payment is received
Slide 13: Q2FY27: Accounts by Customer Type
Q2FY27: Accounts by Customer Type Corporates (includes Corporate Innovation teams, Corporate Development / M&A teams, Strategy and Sales Investment Industry 45% teams, Consulting firms, Startups, etc.) 49% (includes VC funds, PE funds, Investment Banks, CVCs, Accelerators & Incubators, Family Office
Slide 14: Diverse Customer Base
Diverse Customer Base Customer segments & departments that we work with, within the key customer types Private Corp Dev / Corporate Equity M&A Teams Innovation Venture Investment Government Companies Capital Banking Agencies Family Digital Corporate Offices Transformation Strategy Accelerator Corpor
Slide 15: Global Customer Base
Global Customer Base 48% International revenue in H1FY27 Customers span over 50+ countries* Top 5 countries by #customer accounts India, USA, UK, Singapore, Germany International Revenue 48% Indian Revenue 14 *As on end of period
Slide 16: Private Markets - Quick snapshot (1/2)
Private Markets - Quick snapshot (1/2) Global Tech Funding India Tech Funding GLOBAL TECH FUNDING: Dollars invested are rising - 2026 global tech funding is on track to be the decade's highest, driven by mega AI rounds. Deal volume, however, is at a 10-year low. Global Unicorns Created (#) India Uni
Slide 17: Private Markets - Quick snapshot (2/2)
Private Markets - Quick snapshot (2/2) Strong rebound in global M&A deal value and IB fees Global M&A (in USD Tn.) GLOBAL M&A: 2026 YTD continues to show strong momentum. Current run-rate indicates 2026 could become the second-highest year after the 2021 peak. M&A advisory fees (in USD Bn.) IB M&A A
Slide 18: Key highlights
Key highlights From Q2FY27 1 Growth playbook across key BUs 2 Sales scale-up 3 Exponential increase in datasets and coverage 4 Specialised BU teams continuing accelerated growth 5 AI-native access to Tracxn data 6 PLG and customer acquisition 17
Slide 19: India - Revenue growth is accelerating
1 India - Revenue growth is accelerating India Geo India Geo: QoQ Revenue growth trend Q2FY27 Growth run-rate ~30% India (53% of revenue) annualised, from 6.9% QoQ is accelerating: Q2FY27 growth reached a ~30% annualised run-rate Share of Revenue 53% in Q2FY27 FY25 FY26 FY27 18
Slide 20: Predictable (3-phase) Playbook for Growth
1 Predictable (3-phase) Playbook for Growth Specialised Build Best-in-Class Sales Scale-up BU (Sales) Team Offering PHASE I PHASE II PHASE III Launch specialised BU Team Augment data to best-in-class Scale the sales team ● Setup BU teams aligned to ● Sharpen product capabilities ● Expand sales capac
Slide 21: Playbook Case study: Investment Banks India BU
1 Predictable (3-phase) Playbook for Growth Case study: “Investment Banks (IB) - India” BU Specialised Build Best-in-Class Sales Scale-up BU (Sales) Team Offering Ongoing Done Done ● Launched Investment ● Live deals for IBs to source M&A and ● ~4X Sales team size: Growing Banks - India team in Fund-
Slide 22: Different BUs are in different phases of growth
1 Different BUs are in different phases of growth Specialised Build Best-in-Class Sales Scale-up BU (Sales) Team Offering PE - India Sales - India Investment Banks - India Sales - International VC - International VC Funds - India Innovation - International IB - International M&A - International Inno
Slide 23: Proven in India, now scaling internationally
1 Proven in India, now scaling internationally 1. India: sustained investment is driving accelerating growth Over the last 2–3 years, we have invested in data and sales in India. Growth has steadily accelerated, reaching a ~30% annualised run-rate, and we expect further acceleration. 2. Internationa
Slide 24: Key highlights
Key highlights From Q2FY27 1 Growth playbook across key BUs 2 Sales scale-up 3 Exponential increase in datasets and coverage 4 Specialised BU teams continuing accelerated growth 5 AI-native access to Tracxn data 6 PLG and customer acquisition 23
Slide 25: Investing in Growth: Scaling GTM Teams
2 Investing in Growth: Scaling GTM Teams GTM team size as well as share of total headcount have increased Sales & marketing teams now account for 30% of total headcount, up from 25% in Q2FY26. Sales & Marketing Other headcount 24
Slide 26: Investing in Growth: Scaling GTM Teams
2 Investing in Growth: Scaling GTM Teams Within the GTM team, we plan to ~double the closing sales capacity Closing sales team members - from 34 members (Dec‘25) to 60 (Dec‘26) 34 - Including across teams serving India and 60 teams serving international geographies (India-based, selling internationa
Slide 27: Key highlights
Key highlights From Q2FY27 1 Growth playbook across key BUs 2 Sales scale-up 3 Exponential increase in datasets and coverage 4 Specialised BU teams continuing accelerated growth 5 AI-native access to Tracxn data 6 PLG and customer acquisition 26
Slide 28: India - Significant Recent Data Investments
3 India - Significant Recent Data Investments Key launches in last 12m For Investment Banks (India) For Banks and Financial Institutions Private Company Financials : Coverage grew by >10X YoY to near full Legal Entity report : Detailed risk coverage, best-in-class globally indicators & 20+ financial
Slide 29: International Geos - Recent & Upcoming Data Launches
3 International Geos - Recent & Upcoming Data Launches Key launches in last 12m For Venture Capital Funds (International) Other Data Updates Stealth mode: surfaces founders and companies Headcount data: Expanded dataset & monthly growth before they've publicly launched, giving VCs a head trends for
Slide 30: Private Company Financials
3 Private Company Financials 11X growth in company financials - now covering over 7 million companies across 20+ countries # Financials covered by year Major countries by coverage 11X ● Germany ● Ireland ● New Zealand ● Japan ● Sweden ● Croatia ● India ● Thailand ● Latvia ● United Kingdom ● Singapor
Slide 31: Private Company Cap Tables and Shareholding
3 Private Company Cap Tables and Shareholding ~5X growth in companies with captables over the past 9 months - now covering over 1.8M companies across 15+ countries # Companies with Captables Major countries by coverage ~5X ● United States ● Ireland ● New Zealand ● Germany ● Sweden ● Estonia ● India
Slide 32: Global Legal Entity Database
6 3 Global Legal Entity Database Legal entities database now covering 66M entities across key geographies # Legal Entities (in millions) Major countries by coverage ● United States ● Canada ● Germany ● Brazil 66M ● Japan ● Australia ● India ● Belgium ● United Kingdom ● Singapore (as on Sep’26) ● Fra
Slide 33: Key highlights
Key highlights From Q2FY27 1 Growth playbook across key BUs 2 Sales scale-up 3 Exponential increase in datasets and coverage 4 Specialised BU teams continuing accelerated growth 5 AI-native access to Tracxn data 6 PLG and customer acquisition 32
Slide 34: Specialised BU Teams - accelerated growth continues
4 Specialised BU Teams - accelerated growth continues Corporate Sales Mergers & Acquisitions ● Lead gen, market research and competitive intelligence for corporate ● M&A teams at large corporates - sales teams scouting targets, conducting due ● Data & product: Augmenting datasets (pincodes, CXO prof
Slide 35: Specialised BU Teams
4 Specialised BU Teams List of select BU teams: M&A - VC - India A&I Govt. India Corporate Innovation - IB - India Sales - Int. India Innovation Edu. VC - Int. PE - Int. - Int. Institutes Corporate IB - Int. Sales - M&A - Int. India MFO & Wealth - PE - India Startups Debt India Investment Industry C
Slide 36: Key highlights
Key highlights From Q2FY27 1 Growth playbook across key BUs 2 Sales scale-up 3 Exponential increase in datasets and coverage 4 Specialised BU teams continuing accelerated growth 5 AI-native access to Tracxn data 6 PLG and customer acquisition 35
Slide 37: Introduced AI-Native Access to Tracxn Data
5 Introduced AI-Native Access to Tracxn Data Tracxn MCP for LLMs AI-Assistant on Tracxn Platform Paid users can access reliable, real-time company intelligence from AI-chat based assistant on the platform that lets users ask Tracxn’s proprietary database directly within their AI workflows. about Tra
Slide 38: Introduced AI-Native Access to Tracxn Data
5 Introduced AI-Native Access to Tracxn Data Agentic Workflow for Investors Ready-to-use agents for the tasks investors do most often like company one-pager, deal diligence, competition benchmarking, sector landscaping, building a scouting list and more - which can also be customised to a fund's int
Slide 39: Key highlights
Key highlights From Q2FY27 1 Growth playbook across key BUs 2 Sales scale-up 3 Exponential increase in datasets and coverage 4 Specialised BU teams continuing accelerated growth 5 AI-native access to Tracxn data 6 PLG and customer acquisition 38
Slide 40: Scaling Organic Search Traffic and Tracxn Lite
6 Scaling Organic Search Traffic and Tracxn Lite A PLG flywheel: 17.1M organic visits (Q2FY27) & Tracxn Lite signups creating a high volume leads pipeline >30M 349K Q2FY27 annualised Tracxn Lite sign-ups Organic Traffic till date Organic Search Traffic1 #Tracxn Lite Signups2 Tracxn Lite, part of our
Slide 41: Press Mentions
6 Press Mentions Increased coverage 2100+ >30% across International media Press Mentions in H1FY27 Increase in QoQ coverage eg. Report coverage eg. Partnership eg. Regular Columns in newspapers eg. Others 40
Slide 42: Key Growth Areas (FY27) - Summary
Key Growth Areas (FY27) - Summary 1. India growth accelerates, now >50% of revenue India growth accelerated to 30% annualised run-rate (6.9% QoQ in Q2FY27), up from 14% YoY growth in FY26. We’re applying the same playbook to International. 2. Repeatable growth playbook, applied across Business Units
Slide 43: Q2FY27: Other KPIs
Q2FY27: Other KPIs Entities Profiled, on platform Contract Price (in millions) (in INR Cr.) Historical Annual Historical Annual 73% 13% (YoY) 10% CAGR 42% CAGR Coverage of companies added on the Increase in Contract Price on a YoY platform increased by 73% YoY basis Note: Entities Profiled are as on
Slide 44: Business Overview
OOOO EEE @Tracxn Business Overview 43
Slide 45: Our Journey
Our Journey Listed on 50+ Current Countries - Launched Ratan N Tata 2023-2025 AI-native search, AI connector for LLMs, - Launched and Scaled and AI-powered 2021-22 vertical-focused querying for business units - Became a publicly customers, while Sachin Bansal Binny Bansal NRJN Family Trust 2020-21 l
Slide 46: Significant cost advantages from India-based operations
Significant cost advantages from India-based operations Significant cost advantage due to make-in-India. Especially: Europe Asia • Data-production & N.America technology platform is built Middle East from India India • Global sales happen from Africa India (sales & support teams work across multiple
Slide 47: Experienced Promoters & Board of Directors
Experienced Promoters & Board of Directors Neha Singh Abhishek Goyal Akshay Bhushan Chairperson and Managing Vice Chairman and Independent Director Director Executive Director ▪ B.Tech. & M.Tech. from IIT Bombay ▪ B.Tech. from IIT Kanpur ▪ B.S. from Georgia Institute of & MBA from Stanford Graduate
Slide 48: Senior Management Team Backed by Marquee Investors
Supported by Senior Management Team Backed by Marquee Investors Prashant Chandra Amit Agarwal Neeraj Chopra Bhaskar Sharma Chief Financial Officer Chief Operating Officer Chief Technology Officer Chief Product Officer ▪ B.Tech. from IIT Kanpur & MBA ▪ B.Tech. from MNNIT-Allahabad & ▪ MS from Univers
Slide 49: Large & Growing Market $40B+
Large & Growing Market Multiple large companies have been created in the financial data markets $40B+ Cumulative Revenue of Financial Market Data Companies for 2025* 48 Note: (*) Revenue of key public market data companies has been calculated based on the publicly available sources and internal esti
Slide 50: Robust Technology Platform
Robust Technology Platform Wide range of business and workflow tools - Scalable backend framework - based on open inbuilt CRM tool, custom dashboard builder, tools for source technologies sourcing, tracking companies, portfolio tracking, API Automated - based on web crawling and data engine support,
Slide 51: Large & Growing Market
Large & Growing Market Private Market AUM Growth1 Public Market Capitalization2 (in USD trillion) (in USD trillion) 17% 7% CAGR CAGR Cumulative market capitalization of listed domestic companies Private market AUM expected to cross $15T by 2028 across all the countries converted to USD Note: (1) Acc
Slide 52: Q2FY27 Detailed Financial Statements
Q2FY27 Detailed Financial Statements 51
Slide 53: Profit & Loss Statement (1/2)
Profit & Loss Statement (1/2) Particulars Q2FY27 Q1FY27 Q2FY26 H1FY27 FY26 FY25 Income Revenue from operations 21.30 21.08 21.25 42.38 83.97 84.47 Other income 0.01 0.08 0.01 0.09 0.52 0.28 Other gains (net) 1.36 1.44 1.23 2.80 5.65 5.62 Total Income 22.68 22.60 22.49 45.27 90.14 90.37 Expenses Empl
Slide 54: Profit & Loss Statement (2/2)
Profit & Loss Statement (2/2) Particulars Q2FY27 Q1FY27 Q2FY26 H1FY27 FY26 FY25 Profit / (loss) for the period (4.13) (3.01) (5.56) (7.14) (7.89) (9.54) Less: Other Income 0.01 0.08 0.01 0.09 0.52 0.28 Less: Other gains (net) 1.36 1.44 1.23 2.80 5.65 5.62 Add: Depreciation and amortisation expense 0
Slide 55: Balance Sheet (1/2)
Balance Sheet (1/2) Particulars As at September 30, 2026 As at March 31, 2026 ASSETS Non-current assets Property, plant and equipment 0.44 0.45 Income tax assets (net) 6.55 4.63 Total non-current assets 6.98 5.08 Current assets Financial assets i. Investments 84.73 87.15 ii. Trade receivables 1.59 2
Slide 56: Balance Sheet (2/2)
Balance Sheet (2/2) Particulars As at September 30, 2026 As at March 31, 2026 EQUITY Equity share capital 10.70 10.67 Other equity Reserves and surplus 35.79 41.87 Share application money pending allotment 0.00 0.00 Total equity 46.48 52.55 LIABILITIES Non-current liabilities Provision for employee
Slide 57: Cash Flow Statement (1/2)
Cash Flow Statement (1/2) Particulars Six months ended 30 Sep 2026 Six months ended 30 Sep 2025 Cash Flow from Operating Activities: Net profit/ (loss) before Tax (7.42) 2.08 Adjustment for: Depreciation and amortisation expense 0.13 0.07 Net (gain)/ loss on disposal of Property, plant and equipment
Slide 58: Cash Flow Statement (2/2)
Cash Flow Statement (2/2) Particulars Six months ended 30 Sep 2026 Six months ended 30 Sep 2025 Cash Flow from Investing Activities: Payment towards purchase of property, plant and equipment (0.12) (0.20) Proceeds from sale of property, plant and equipment - 0.01 Redemption of bank deposits - 1.94 P
Slide 59: Definitions
Definitions (1) Customer Accounts refers to the distinct contracts entered into by our Company with each customer, at the time of measurement. A customer account may include access for a single or multiple number of Users. (2) Users refers to the number of activated user accesses on the platform at
Slide 60: Thank You
Company Information Address : 2nd Floor, L-248, 17th Cross, Sector 6, HSR Layout, Bangalore - 560102 Thank You CIN : L72200KA2012PLC065294 Corporate Presentation: Link For any queries, please contact: Email ID : investor.relations@tracxn.com www.tracxn.com/investor-relations 59