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Earnings Call Transcript

Latent View Analytics Earnings Call Transcript: Key Takeaways

Latent View reported modest 2% sequential growth as strong performance in Industrials and Financial Services offset sharp headwinds in its core Technology vertical.

Guidance and delivery
Management target Revenue 6.0% FY27
Highlights
Revenue growth2% QoQ growth driven by Financial Services and Industrials segments.
MarginsEBITDA margins impacted by wage hikes and bench buildup for new projects.
Order bookStrong pipeline visibility with 11 deals closed this quarter.
Demand visibilityStrong in auto and industrials; tech demand remains muted due to consolidation.
Management confidenceCautiously optimistic; transitioning from past tech headwinds to new sector growth.

Growth

Growth was volume-led in Financial Services (3.5% QoQ) and Industrials (21.4% QoQ), while Tech vertical remains stagnant.

Outlook

Management guides $127M revenue for FY27 (6% growth) and targets $200M by end of 2028.

Risks

Heavy exposure to tech vertical consolidation and client budgetary cuts; margin pressure from high bench costs.

Last quarter's promises, checked

Partly delivered

  • Q2 'fairly strong bounce back' → +2% QoQ (= PARTIAL)
  • Q1 adj. EBITDA 20–21% guided → 20.4% (= PARTIAL, low end)
  • $200M revenue by FY28–29 → now end-CY2028 (= PARTIAL, timeline shifted)

Missed

  • FY27 growth 12% reaffirmed Aug-03 → FY27 guide $127M (+6% YoY) (= MISS)
  • Tech practice to grow in FY27 (~4% QoQ, Aug-03) → tech stagnant (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: LATENTVIEW. Summary written with AI assistance from the document.

Read the document ↗

Latent View Analytics Ltd: key numbers

Share price
₹202.53
Market cap
₹4,194 Cr
Revenue (annual)
₹1,060 Cr
Net profit (annual)
₹198.1 Cr
P/E (TTM)
21.0×Sector 23.5×
Promoter holding
65.05%-0.05% QoQ
FII holding
0.81%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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