Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹6,049Cr
Rev Gr TTM
Revenue Growth TTM
27.49%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

LATENTVIEW
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 20.1 | 23.1 | 17.6 | 14.0 | 21.7 | 21.1 | 34.2 | 37.5 | 35.3 | 31.9 | 23.3 | 22.0 |
| 111 | 120 | 125 | 129 | 131 | 141 | 164 | 178 | 177 | 186 | 201 | 216 |
Operating Profit Operating ProfitCr |
| 21.4 | 19.0 | 19.8 | 22.2 | 23.5 | 21.4 | 21.7 | 22.1 | 23.7 | 21.4 | 21.8 | 22.4 |
Other Income Other IncomeCr | 15 | 18 | 17 | 23 | 16 | 17 | 23 | 15 | 21 | 23 | 19 | 18 |
Interest Expense Interest ExpenseCr | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 5 | 2 | 3 | 2 |
Depreciation DepreciationCr | 2 | 2 | 2 | 2 | 2 | 3 | 9 | 8 | 9 | 10 | 10 | 11 |
| 42 | 43 | 45 | 57 | 53 | 52 | 58 | 56 | 62 | 62 | 62 | 67 |
| 8 | 10 | 11 | 10 | 8 | 13 | 18 | 13 | 11 | 11 | 16 | 16 |
|
Growth YoY PAT Growth YoY% | -3.8 | 4.4 | -8.7 | -11.3 | 32.2 | 18.5 | 19.6 | -8.4 | 13.3 | 29.9 | 12.4 | 19.1 |
| 24.3 | 22.3 | 21.9 | 28.1 | 26.4 | 21.8 | 19.5 | 18.7 | 22.1 | 21.4 | 17.8 | 18.3 |
| 1.7 | 1.6 | 1.7 | 2.3 | 2.2 | 1.9 | 1.9 | 2.0 | 2.6 | 2.5 | 2.1 | 2.4 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 7.8 | -1.4 | 33.3 | 32.1 | 18.9 | 32.3 | 18.4 |
| 215 | 230 | 201 | 286 | 394 | 505 | 652 | 780 |
Operating Profit Operating ProfitCr |
| 25.2 | 25.9 | 34.2 | 29.9 | 26.9 | 21.2 | 23.1 | 22.3 |
Other Income Other IncomeCr | 8 | 19 | 21 | 44 | 56 | 74 | 69 | 81 |
Interest Expense Interest ExpenseCr | 3 | 3 | 3 | 3 | 3 | 3 | 7 | 12 |
Depreciation DepreciationCr | 7 | 7 | 7 | 8 | 9 | 10 | 29 | 40 |
| 71 | 90 | 116 | 154 | 189 | 197 | 229 | 253 |
| 11 | 17 | 24 | 25 | 34 | 38 | 55 | 54 |
|
| | 22.1 | 25.6 | 41.6 | 20.0 | 2.1 | 9.4 | 14.3 |
| 20.7 | 23.5 | 29.9 | 31.8 | 28.9 | 24.8 | 20.5 | 19.8 |
| 3.5 | 4.3 | 5.3 | 7.1 | 7.7 | 7.7 | 8.4 | 9.6 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 1 | 1 | 1 | 20 | 20 | 21 | 21 | 21 |
| 266 | 347 | 437 | 1,006 | 1,187 | 1,354 | 1,479 | 1,606 |
Current Liabilities Current LiabilitiesCr | 25 | 20 | 32 | 50 | 34 | 53 | 133 | 193 |
Non Current Liabilities Non Current LiabilitiesCr | 32 | 30 | 49 | 24 | 22 | 28 | 119 | 51 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 252 | 303 | 365 | 902 | 942 | 1,063 | 881 | 930 |
Non Current Assets Non Current AssetsCr | 72 | 94 | 155 | 198 | 321 | 393 | 908 | 966 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 64 | 63 | 90 | 87 | 97 | 115 | 130 |
Investing Cash Flow Investing Cash FlowCr | -47 | -34 | -45 | -439 | -285 | -4 | -242 |
Financing Cash Flow Financing Cash FlowCr | -6 | -5 | 17 | 449 | -4 | -1 | -5 |
|
Free Cash Flow Free Cash FlowCr | 63 | 60 | 88 | 81 | 94 | 111 | 115 |
| 108.0 | 86.4 | 98.3 | 67.5 | 62.7 | 72.7 | 75.2 |
CFO To EBITDA CFO To EBITDA% | 88.6 | 78.3 | 86.0 | 71.8 | 67.2 | 84.8 | 66.7 |
| Financial Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 0 | 0 | 0 | 8,469 | 6,591 | 10,462 | 7,582 |
Price To Earnings Price To Earnings | 0.0 | 0.0 | 0.0 | 65.4 | 42.4 | 66.0 | 43.5 |
Price To Sales Price To Sales | 0.0 | 0.0 | 0.0 | 20.8 | 12.2 | 16.3 | 8.9 |
Price To Book Price To Book | 0.0 | 0.0 | 0.0 | 8.3 | 5.5 | 7.6 | 5.0 |
| -0.6 | -1.5 | -1.6 | 64.0 | 41.9 | 74.0 | 38.4 |
Profitability Ratios Profitability Ratios |
| 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
| 25.2 | 25.9 | 34.2 | 29.9 | 26.9 | 21.2 | 23.1 |
| 20.7 | 23.5 | 29.9 | 31.8 | 28.9 | 24.8 | 20.5 |
| 24.3 | 24.5 | 24.2 | 14.9 | 15.6 | 14.3 | 15.4 |
| 22.4 | 20.9 | 20.9 | 12.6 | 12.9 | 11.5 | 11.6 |
| 18.4 | 18.3 | 17.6 | 11.8 | 12.3 | 10.9 | 9.7 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Latent View Analytics Ltd (LVA) is a global, pure-play digital analytics company that enables enterprises to achieve digital transformation by integrating traditional and digital data. Founded in 2006, the company serves over **40 Fortune 500 clients** across **Technology, Financial Services (BFSI), Consumer Packaged Goods (CPG) & Retail, Industrials, and Healthcare**. With more than **1,600 employees globally**, LVA operates through subsidiaries and client-facing offices across the U.S., U.K., Germany, Netherlands, Singapore, Canada, Mexico, Chile, and India.
The company has evolved from a services-led model to a **solutions- and thought-partner-led approach**, focused on delivering measurable business outcomes. It differentiates itself by combining deep **industry domain expertise**, advanced **mathematical modeling**, and **cutting-edge technology**, positioning itself at the intersection of data strategy, business outcomes, and AI-driven innovation.
---
### **Strategic Positioning and Market Focus**
- **Pure-Play Analytics Provider**: LVA exclusively focuses on analytics and AI solutions, avoiding commoditized IT services. This niche focus enhances agility and innovation velocity.
- **Global Reach with U.S. Dominance**: Approximately 90% of its revenue is derived from the U.S., with increasing investments in **Europe (EMEA)** and **Asia-Pacific (APAC)** to diversify geographic concentration risk.
- **Client Concentration**: The top 10 clients contribute ~72% of revenue. Despite this, the company boasts exceptionally high **client retention (77% of revenue from clients served over 5 years)** and long-standing partnerships (some exceeding 15 years).
- **Go-To-Market Model**: A consultative, **C-suite engagement model** targeting Fortune 1000 and digitally native enterprises with $2M+ analytics budgets. It uses discovery-led engagements to co-create analytics roadmaps.
---
### **Key Developments and Strategic Initiatives (2024–2025)**
#### **1. Acquisition of Decision Point Analytics (DPA)**
- **Announced & Completed**: Mar–Jun 2024; 70% stake acquired for **$39.1 million**, with remainder to be acquired based on performance.
- **Strategic Rationale**:
- Strengthens **Revenue Growth Management (RGM)** capabilities in CPG and Retail.
- Expands **Generative AI (GenAI)** offerings via flagship product **Beagle GPT**, an LLM-powered conversational BI tool.
- Establishes a **nearshore delivery footprint** in **Latin America (Chile, Mexico, Brazil)**.
- Adds proprietary IP: **ConnectedView**, **Beagle**, and **MigrateMate**, now part of Databricks’ **Brickbuilder Solutions** portfolio.
- **Post-Merger Impact**: Smoother-than-expected integration; DPA began contributing to consolidated results from **Q2 FY25**.
---
#### **2. Generative and Agentic AI Leadership**
- LVA has established itself as an early-mover in **responsible, enterprise-grade GenAI** adoption. Key initiatives:
- **AI Center of Excellence (CoE)**: Focused on GenAI and Agentic AI, driving internal innovation and client solution development.
- **Proprietary GenAI Solutions**:
- **InsightsIQ**: Custom GenAI engine on **NVIDIA microservices** for enterprise intelligence.
- **LASER**: GPT-powered enterprise search for unstructured data (contracts, reviews, procurement docs).
- **AI PenPal**: OpenAI-enabled assistant for sales and marketing teams.
- **Sally**: GenAI chatbot for scalable customer support.
- **Hubble**: AI-driven RGM platform integrating pricing, promotions, and market data.
- **Beagle GPT**: Conversational analytics platform integrated with **MS Teams, Slack, Zoom, and Google Chat**.
- **$6 million in confirmed GenAI projects (2025)** and **$8 million in pipeline**.
---
#### **3. Strategic Alliances and Technology Ecosystem**
LVA has built robust partnerships with leading technology platforms:
- **Databricks**: **Elite Consulting and SI Partner**.
- Over **250 Databricks-certified employees**, 4 recognized as Partner Champions.
- 25 joint clients; **AI PenPal and other accelerators in Brickbuilder Accelerators**.
- Targeting **$50M+ in Databricks-related revenue in 3 years**.
- **NVIDIA**: **Select Partner**; leverages **AI Enterprise** and **DGX platform** for high-performance model training.
- **Snowflake**: Tier-1 go-to-market collaboration.
- **AWS/GCP/Microsoft**: Strategic cloud and visualization alliances (Power BI, Azure OpenAI).
- **Neo4j, IBM, ArangoDB**: Partnerships in graph-based analytics and hybrid cloud deployments.
---
### **Operational Excellence and Delivery Model**
- **Managed Services Model**: Over **70% of revenue** from long-term managed services and multi-year Statements of Work (18–36 months).
- **Engagement Lifecycle**: Begins with **Pilots/POCs → Fixed-Fee Projects → Managed Services**, fostering deep client integration.
- **Delivery Footprint**:
- **Onshore**: U.S., U.K., Germany, Netherlands, Singapore.
- **Nearshore**: Canada, Mexico, Chile.
- **Offshore**: India (Chennai, Bengaluru) with **~1,405 team members**.
- **Talent Model**: 85% offshore delivery; strong emphasis on upskilling, including **PhD-level interns** in GenAI and Agentic AI.
---
### **Key Client Engagements and Impact (2025)**
| **Client Domain** | **Engagement Summary** | **Business Impact** |
|-------------------|------------------------|---------------------|
| **Global Adhesives & Medical Products Manufacturer** | Advanced sales forecasting & inventory planning | Improved supply chain responsiveness |
| **On-Demand Manufacturing Marketplace** | Pricing analytics, demand planning, churn reduction | Increased customer lifetime value |
| **Digital Conglomerate** | Unified data pipelines on Databricks | Seamless analytics & ML deployment |
| **Global HVAC Manufacturer** | GenAI chatbot, demand forecasting, supply chain visibility | Real-time decision-making support |
| **European Media Firm** | Customer behavior & innovation drivers via SmartInnovation | Accelerated R&D cycle |
| **C2C Marketplace (Germany)** | Root-cause analysis of performance decline | **$102M increase in GMV** |
| **Non-Profit (Cancer Care)** | AI-powered knowledge platform with AWS | Enhanced patient engagement & care delivery |
---
### **Internal Innovation and Thought Leadership**
- **IdeaLabs**: In-house R&D unit driving emerging tech exploration and client co-innovation.
- **Proprietary IP and Accelerators**:
- **MigrateMate**: Cuts data migration effort by 40–50%.
- **ConnectedView**: End-to-end supply chain solution for CPG and Hi-Tech.
- **OBSERVE AI**: Enterprise data observability.
- **MLOps X**: Flexible MLOps framework compatible with Databricks and open-source stacks.
- **Marketing Analytics CoE**: Launched in 2024 to lead full-funnel growth marketing and personalization.
- **Academic Collaborations**: Partnerships with **NC State, University of Minnesota, Santa Clara, and Cincinnati** for applied research and talent development.
---
### **Client Satisfaction and Recognition**
- **Client Satisfaction**: 93% of clients rate LVA as “satisfied” or “very satisfied.”
- **Net Promoter Score (NPS)**: **41**, up from 31 in 2023 — a strong indicator of client loyalty.
- **Talent Recognition**: Named **Great Place to Work** for four consecutive years; recognized for gender inclusivity and employee experience.
- **Industry Recognition**: Ranked as a **Leader in the PeMa Quadrant Survey (Analytics India Magazine)** for Data Science, Engineering, and MLOps.