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Earnings Call Transcript

Latent View Analytics Earnings Call Transcript: Key Takeaways

LatentView faced a revenue miss in Q1 FY27 due to insourcing at a major tech client and lumpiness in CPG project work, but management maintains its 12% full-year growth guidance.

Guidance and delivery
Management target Revenue 12.0% FY27
Highlights
Revenue growth21.6% YoY growth; QoQ revenue dipped 3.5% in USD.
MarginsEBITDA margin hit by 270bps wage hike impact; currently 20.4%.
Demand visibilityStrong AI pipeline with 15+ GenAI prototypes transitioning to active projects.
Management confidenceBalanced; acknowledged temporary Q1 setbacks while projecting a Q2 bounce back.

Growth

YoY revenue grew 21.6% in INR, but QoQ saw a 3.5% dollar-term shrinkage due to client-specific headwinds.

Outlook

Maintained 12% full-year revenue growth guidance; targeting $200 million revenue by FY28/29 through organic and inorganic expansion.

Risks

Heavy dependence on few large tech accounts; execution risks in transitioning from T&M to outcome-based AI models.

Last quarter's promises, checked

Delivered

  • Guided 19-20% FY26 revenue growth → delivered 19.8% (= BEAT)
  • Guided 23-24% FY26 EBITDA margin → delivered 23% (= BEAT)
  • Guided BFSI growth → delivered >80% YoY (= BEAT)

Partly delivered

  • Guided Q4 EBITDA margin 24.5% → delivered 24.1% (= PARTIAL)

Missed

  • Guided $5.5M-$6M tech client shrinkage → delivered $6.5M-$7M (= MISS)
Source

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

Read the document ↗

Latent View Analytics Ltd: key numbers

Share price
₹243.75
Market cap
₹5,048 Cr
Revenue (annual)
₹1,060 Cr
Net profit (annual)
₹198.1 Cr
P/E (TTM)
25.8×Sector 22.1×
Promoter holding
65.10%+0.00% QoQ
FII holding
2.12%Current quarter

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

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