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Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹6211 Cr.
Stock P/E
35.8
P/B
3.5
Current Price
₹300.2
Book Value
₹ 84.8
Face Value
1
52W High
₹517
52W Low
₹ 248.6
Dividend Yield
0%

Latent View Analytic Overview

Business

Latent View Analytics Ltd. is a global pure-play data analytics and AI company that helps enterprises make data-driven decisions. The company provides a range of services including data engineering, data analytics, business intelligence, advanced predictive analytics, machine learning, and artificial intelligence solutions. They help clients transform raw data into actionable insights to improve business outcomes across areas like customer experience, supply chain optimization, risk management, and operational efficiency. Their core business model involves project-based consulting and ongoing managed services, leveraging their expertise in various analytical tools and technologies to solve complex business problems for their clients.

Revenue Mix

Latent View typically reports revenue primarily by geography and industry vertical rather than distinct service line segments with specific contributions.

Geographic Mix: North America is the primary revenue generator, followed by Europe.

Industry Verticals: Key verticals served include Financial Services, Technology, Retail & CPG, Industrials, and other sectors.

Exact percentage contributions are not consistently broken down into distinct segments for public reporting, but their focus remains on providing end-to-end data analytics and digital transformation consulting across these regions and industries.

Industry

Latent View operates in the highly competitive global data analytics and AI consulting market. This industry is characterized by strong demand driven by digital transformation, but also by a fragmented landscape with diverse players. Latent View positions itself as a specialized pure-play analytics provider, differentiating itself from larger, more diversified IT services companies by its deep focus on data science and AI. Its peers include other specialized analytics firms as well as the analytics divisions of larger IT services and consulting companies. The company aims to compete on specialized expertise, delivery quality, and strong client relationships rather than solely on scale or price.

MOAT

Latent View's competitive advantages are primarily derived from:

Specialized Expertise: A strong focus and deep capabilities in advanced analytics, machine learning, and AI, allowing them to tackle complex data challenges.

Client Relationships: Building long-term relationships with marquee clients by delivering impactful solutions, leading to repeat business and referrals.

Talent Pool: Ability to attract and retain specialized data scientists, engineers, and consultants, which is crucial in a talent-scarce industry.

Switching Costs: For deeply integrated analytical solutions, switching providers can be complex and costly for clients, creating a degree of stickiness.

However, as a consulting firm, these moats are softer compared to product-based businesses and are constantly challenged by new entrants and evolving technologies.

Growth Drivers

Increasing Data Proliferation & Analytics Adoption: Enterprises are increasingly relying on data-driven insights for decision-making across all functions.

AI & Machine Learning Integration: Growing demand for integrating AI and ML into business processes to enhance automation, prediction, and personalization.

Digital Transformation Initiatives: Companies' ongoing efforts to digitalize operations and enhance customer experiences drive demand for analytics services.

Geographic and Vertical Expansion: Opportunities to expand client base in existing and new geographies (e.g., Europe, APAC) and penetrate underserved industry verticals.

Cross-selling and Upselling: Expanding existing client engagements by offering a broader range of analytics services and solutions.

Risks

Client Concentration: Reliance on a few large clients for a significant portion of revenue could pose a risk if a major client scales back or terminates contracts.

Talent Attrition & Acquisition: High demand for skilled data scientists and engineers can lead to intense competition for talent, resulting in increased wage costs or difficulty in staffing projects.

Technological Obsolescence: Rapid advancements in data analytics tools and technologies necessitate continuous investment in skill development and adapting service offerings.

Economic Slowdown: As services are often discretionary, a global economic downturn could lead to reduced IT spending and project deferrals by clients.

Intense Competition: Facing competition from large IT service providers, niche analytics firms, and in-house client capabilities.

Foreign Exchange Fluctuations: A significant portion of revenue comes from international clients, exposing the company to currency volatility.

Management & Ownership

Latent View was founded by Venu Goel and Pramad Jandhyala. Venu Goel serves as the Chairman and Chief Evangelist, while Pramad Jandhyala is the Co-Founder and Chief Client Officer. The company has a professional management team with experience in the analytics and technology consulting domain. Promoter and promoter group hold a significant stake in the company, demonstrating alignment with long-term growth. Institutional investors also hold notable stakes, reflecting market confidence in the company's prospects.

Outlook

Latent View benefits from strong secular tailwinds in data analytics, AI, and digital transformation, indicating a robust demand environment for its specialized services. Its pure-play analytics focus allows for deep expertise and a differentiated market position. The company's ability to attract and retain high-caliber talent, coupled with expanding client relationships, provides a foundation for continued growth. However, the business operates in a highly competitive landscape, requiring continuous innovation and efficient delivery to maintain market share. Risks associated with client concentration and talent management are pertinent. The company's future performance will depend on its execution efficiency, ability to scale operations effectively, and adeptness in navigating the evolving technological and economic environment while managing its talent pool and client relationships.

Latent View Analytic Share Price

Live · BSE / NSE · Inception: 2006
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Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Latent View Analytic Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 166 172 179 209 228 232 236 258 278 289
Other Income 23 16 17 23 15 21 23 19 18 16
Total Income 189 187 196 232 243 253 259 276 296 305
Total Expenditure 129 131 141 164 178 177 186 201 216 221
Operating Profit 60 56 56 68 65 76 74 75 80 84
Interest 1 1 1 1 0 5 2 3 2 3
Depreciation 2 2 3 9 8 9 10 10 10 10
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 57 53 52 58 56 62 62 62 67 71
Provision for Tax 10 8 13 18 13 11 11 16 16 16
Profit After Tax 47 45 39 41 43 51 51 46 51 55
Adjustments 0 0 0 -1 -1 2 0 -1 -1 -2
Profit After Adjustments 47 45 39 40 42 53 51 44 50 53
Adjusted Earnings Per Share 2.3 2.2 1.9 1.9 2 2.6 2.5 2.1 2.4 2.5

Latent View Analytic Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 118 174 238 235 289 310 306 408 539 641 848 1061
Other Income 1 1 1 5 11 19 21 21 56 74 69 76
Total Income 119 176 239 240 300 330 327 429 595 714 917 1136
Total Expenditure 100 140 173 160 222 230 201 286 394 504 652 824
Operating Profit 20 35 66 80 78 100 125 143 201 210 265 313
Interest 1 1 1 1 0 3 3 3 3 3 7 10
Depreciation 2 3 3 3 3 7 7 8 9 10 29 40
Exceptional Income / Expenses -3 0 0 0 0 0 0 23 0 0 0 0
Profit Before Tax 14 31 63 76 75 90 116 154 189 197 229 262
Provision for Tax -1 6 5 10 12 17 24 25 34 38 55 59
Profit After Tax 15 25 57 67 63 73 91 130 155 159 173 203
Adjustments 0 0 0 0 0 0 0 0 0 0 1 -4
Profit After Adjustments 15 25 57 67 63 73 91 130 155 159 174 198
Adjusted Earnings Per Share 0.9 1.5 3.4 3.9 3.7 4.3 5.4 6.5 7.6 7.7 8.4 9.5

Latent View Analytic Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 49 75 133 202 268 348 438 1026 1207 1374 1500
Minority's Interest 0 0 0 0 0 0 0 0 0 0 37
Borrowings 3 3 1 0 0 0 23 0 0 0 0
Other Non-Current Liabilities 5 10 -3 2 1 -2 -3 -3 2 17 119
Total Current Liabilities 20 30 43 16 19 20 32 50 34 53 133
Total Liabilities 77 118 174 220 288 366 489 1074 1244 1445 1789
Fixed Assets 8 9 7 6 4 35 30 29 23 28 401
Other Non-Current Assets 14 13 20 28 33 27 94 143 278 355 507
Total Current Assets 55 95 147 186 251 303 365 902 942 1063 881
Total Assets 77 118 174 220 288 366 489 1074 1244 1445 1789

Latent View Analytic Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 13 16 25 28 35 47 75 135 237 53 165
Cash Flow from Operating Activities -9 22 70 23 59 63 90 87 97 115 130
Cash Flow from Investing Activities -0 -12 -51 -15 -47 -34 -45 -439 -285 -4 -242
Cash Flow from Financing Activities 11 -2 -14 -2 -1 -5 17 449 -4 -1 -5
Net Cash Inflow / Outflow 2 9 4 6 11 24 62 97 -192 111 -116
Closing Cash & Cash Equivalent 16 25 28 35 47 75 135 237 53 165 69

Latent View Analytic Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.87 1.49 3.41 3.93 3.71 4.28 5.35 6.46 7.59 7.7 8.44
CEPS(Rs) 0.98 1.64 3.58 4.09 3.87 4.67 5.75 6.87 8.02 8.17 9.82
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 2.93 4.48 7.81 11.81 15.64 20.3 25.51 51.06 58.69 66.43 72.4
Core EBITDA Margin(%) 16.03 19.41 27.49 31.75 23.3 25.91 34.19 29.83 26.94 21.27 23.14
EBIT Margin(%) 12.85 18.74 26.66 32.86 26.06 29.99 38.75 38.49 35.66 31.27 27.82
Pre Tax Margin(%) 11.73 17.98 26.26 32.52 26.01 29.06 37.9 37.69 35.15 30.75 26.98
PAT Margin (%) 12.4 14.33 24.03 28.34 21.77 23.47 29.9 31.67 28.85 24.76 20.46
Cash Profit Margin (%) 13.93 15.85 25.25 29.49 22.73 25.62 32.15 33.66 30.49 26.27 23.92
ROA(%) 22.44 25.66 39.26 33.83 24.77 22.27 21.38 16.57 13.41 11.8 10.73
ROE(%) 35.08 40.12 55.45 40.19 27.02 23.84 23.4 17.75 13.97 12.34 12.12
ROCE(%) 26.62 41.01 55.25 45.39 31.97 30.24 29.33 21.17 17.19 15.51 16.41
Receivable days 56.22 69.36 62.91 70.65 64.37 60.8 67.84 64.53 61.73 60.29 64.13
Inventory Days 0 0 0 0 0 0 0 0 0 0 0
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 0 0 0 0 0 0 0 65.39 42.4 65.95 43.53
Price/Book(x) 0 0 0 0 0 0 0 8.28 5.48 7.65 5.07
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) -0.03 -0.09 -0.13 -0.19 -0.33 -0.48 -0.65 19.07 11.23 15.68 8.83
EV/Core EBITDA(x) -0.17 -0.42 -0.48 -0.54 -1.24 -1.5 -1.58 54.4 30.11 47.84 28.22
Net Sales Growth(%) 51.57 46.93 36.82 -1.31 22.89 7.43 -1.44 33.33 32.11 18.92 32.33
EBIT Growth(%) -39.5 114.39 94.6 21.64 -2.54 23.63 27.34 32.81 22.04 4.28 17.73
PAT Growth(%) -14.51 69.87 129.43 16.37 -5.57 15.8 25.56 41.6 20.01 2.07 9.36
EPS Growth(%) -26.72 69.87 129.43 15.26 -5.6 15.37 25.1 20.77 17.39 1.57 9.49
Debt/Equity(x) 0.35 0.23 0.03 0 0 0 0.05 0 0 0 0
Current Ratio(x) 2.77 3.15 3.46 11.93 12.87 14.93 11.35 18.08 27.75 20.04 6.64
Quick Ratio(x) 2.77 3.15 3.46 11.93 12.87 14.93 11.35 18.08 27.75 20.04 6.64
Interest Cover(x) 11.51 24.6 66.92 95.64 516.76 32.18 45.45 48.41 69.86 60.6 33.13
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +32% +28% +22% +22%
Operating Profit CAGR +26% +23% +22% +29%
PAT CAGR +9% +10% +19% +28%
Share Price CAGR -28% -4%
ROE Average +12% +13% +16% +27%
ROCE Average +16% +16% +20% +30%

Latent View Analytic Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 65.1 %
FII 3.15 %
DII (MF + Insurance) 4.12 %
Public (retail) 34.9 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 65.4265.4265.3965.3965.2465.2465.265.265.165.1
FII 2.542.392.412.662.873.022.112.173.723.15
DII 2.444.464.423.653.663.273.253.394.24.12
Public 34.5834.5834.6134.6134.7634.7634.834.834.934.9
Others 0000000000
Total 100100100100100100100100100100

Latent View Analytic Peer Comparison

Business Support Edit Columns

Latent View Analytic Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Latent View Analytic Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
  • Company has a low return on equity of 13% over the last 3 years.
  • Stock is trading at 3.5 times its book value.
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