Latent View Analytics Ltd - Stock Valuation and Financial Performance

BSE: 543398 | NSE: LATENTVIEW | Business Support | Small Cap

Latent View Analytic Share Price

360.95 1.30 0.36%
as on 09-Apr'25 16:59

DeciZen - make an informed investing decision on Latent View Analytic

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

atent View Analytics stock performance -
360.95 -180.00-33.00% past year

Price Chart, Live Stock Chart, Technical Chart of
P/E Ratio (CD):
44.91
Market Cap:
7,452.6 Cr.
52-wk low:
340.4
52-wk high:
575

Is Latent View Analytics Ltd an attractive stock to invest in?

1. Is Latent View Analytics Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Latent View Analytics Ltd is a good quality company.

2. Is Latent View Analytics Ltd undervalued or overvalued?

The key valuation ratios of Latent View Analytics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Latent View Analytics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Latent View Analytics Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Latent View Analytic:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Latent View Analytics Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 26.6%41%55.3%45.4%32%30.2%29.3%21.2%17.2%15.5%-
Value Creation
Index
1.02.03.12.41.41.21.20.60.30.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 119174238235289310306408539641787
Sales YoY Gr.-46.9%36.8%-1.3%22.9%7.4%-1.4%33.3%32.1%18.9%-
Adj EPS 11.53.43.73.43.95.36.47.47.58
YoY Gr.-47.5%133.6%9.7%-9.9%16.6%34.6%21.4%14.6%2%-
BVPS (₹) 2.94.57.811.815.620.325.551.158.766.470
Adj Net
Profit
16.724.657.263.557.266.790.3129151155166
Cash Flow from Ops. -8.522.369.723.359.16389.987.497.4115-
Debt/CF from Ops. -20.80.10000.3000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 20.6%17.3%28%18.9%
Adj EPS 25.3%17.4%12.4%2%
BVPS41.5%33.5%37.6%13.2%
Share Price - - -11% -34.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
39.839.554.937.824.321.72317.613.51211.8
Op. Profit
Mgn %
1619.527.531.823.325.934.429.926.921.322.1
Net Profit
Mgn %
14.114.1242719.821.529.531.52824.221.1
Debt to
Equity
0.40.200000.1000-
Working Cap
Days
8710496117110116123115114144232
Cash Conv.
Cycle
48625965555362595855216

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 27.95%

Net Profit is growing at healthy rate in last 3 years 12.39%

Sales growth is good in last 4 quarters at 28.64%

Return on Equity has declined versus last 3 years average to 11.80%

Latest Financials - Latent View Analytics Ltd.

Standalone Consolidated
TTM EPS (₹) 5.4 8
TTM Sales (₹ Cr.) 326 787
BVPS (₹.) 57.6 70
Reserves (₹ Cr.) 1,168 1,425
P/BV 6.27 5.15
PE 66.32 44.91
From the Market
52 Week Low / High (₹) 340.40 / 575.00
All Time Low / High (₹) 305.25 / 755.00
Market Cap (₹ Cr.) 7,453
Equity (₹ Cr.) 20.7
Face Value (₹) 1
Industry PE 38.9

Quarterly Results

 Mar'24 YoY Gr. Rt. %Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %
Sales (₹ Cr.) 172 21.7179 21.1209 34.2228 37.5
Adj EPS (₹) 2.2 31.71.9 18.11.9 16.92 -10.2
Op. Profit Mgn % 23.53 217 bps21.39 238 bps21.67 189 bps22.09 -11 bps
Net Profit Mgn % 26.36 211 bps21.76 -49 bps19.48 -238 bps18.70 -938 bps

Management X-Ray of Latent View Analytic:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:65.24%Institutions:6.53%Non-Institutions:28.23%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Sep22Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec240%10%20%30%40%50%60%70%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Latent View Analytic

MRP
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MOS
spaceLock icon%
DP
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Base EPS
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DPS
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MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

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Analyst's Notes

Latent View: Q1FY24 Result Update - 07 Aug 2023

Particulars

Q1FY24

YoY Trend

Comments

Revenue

148

+23%

 

EBITDA

28

-19%

 

EBITDA Margin

19%

-1000 Bps

Annual wage inflation and full cost of GTM (Go-to marketing) personnel hired in the previous quarter led to a reduction of ~700 bps in EBITDA

PAT

33

+4%

 

Good revenue growth, however margins were a miss.

 

Initiating Coverage: Latent View Analytics - 23 Jun 2023

About the Company

LatentView Analyticsis a global digital analytics Company that inspires and transforms businesses to excel in the digital world by harnessing the power of data and analytics. The Company provides a holistic view of the digital consumer, enabling companies to predict new revenue streams, anticipate product trends and popularity, improve customer retention rates and optimise investment decisions.

The business model is characterised by offerings of Business Intelligence & visualisation, Business Intelligence & Visualisation services and Strategic insights. In terms of level of engagement, there are Pilot consulting engagements & proof of concepts, fixed fee & duration projects and Long-term managed services

The Company is a partner to enterprises worldwide, and serves over 30 Fortune 500 in the Retail, Consumer, Financial, Technology, and Healthcare sectors. LatentView currently has 1,116 employees. To support the goals and growing client base, company plans to triple its go-to-market team, has quadrupled the marketing spend in 2 years, achieved a Premier Partnership with Snow?ake and is ramping up strategic cloud investments with Azure and AWS.

(Source: Company data, Moneyworks4me.com)

Client Mix by Category

FY 22

FY 23

FY 22

FY 23

 

Number

Number

% of Revenue

% of Revenue

Less than Rs. 50Mn

37

38

13%

12%

Between Rs. 50Mn - 100Mn

11

12

20%

18%

Between Rs. 100Mn - 500Mn

6

82

33%

31%

Above Rs. 500Mn

2

2

34%

39%

 

Client Concentration

FY 22

FY 23

Top 5 Clients

55%

57%

Top 10 Clients

70%

71%

Top 20 Clients

86%

88%

(Source: Company data, Moneyworks4me.com)

 

About the Industry:

Data & Analytics (D&A) has emerged as one of the fastest-growing segments of digital spending. Enterprises are adopting D&A aggressively to drive business strategy owing to evolving consumer preferences and behaviour. Subsequently, D&A has been a dominant force in increasing the transparency, speed, and decision-making capabilities of organizations and it will continue to be a driving force in the coming years. Across industries and geographies, enterprises are dealing with the massive volume of data that is made available by accelerated Digital Transformation, Cloud and Internet of Things. This data is made useful and turned into actionable insights by Analytics, Machine Learning, and Artificial Intelligence (AI).

Financial Services, Consumer & Retail, and Technology verticals are at the forefront of D&A investments, driving nearly 70% of total spends. As per Zinnov Report, the Data and Analytics industry is expected to remain on a promising growth trajectory growing at an 18% CAGR between 2020 and 2024 to reach $ 333 billion.

Competitors: MuSigma, Fractal

Business Verticals:

Technology: It Involves Marketing Analytics, Supply chain Analytics, Risk Analytics, Subscription Analytics. The global D&A spending in Technology vertical is expected to reach US$ 32 billion in 2024, registering a 19% CAGR between 2020 and 2024(Zinnov Report). The Technology sector in North America is the third-largest contributor to regional data & analytics spends. Increased use of SaaS-based applications across several verticals has led software vendors to adopt subscription based models, resulting in increased consumer usage and interaction data for vendors.

Industrials: It Involves Customer Analytics, Marketing Analytics, Supply chain Analytics. Today, the Industrial Internet of Things (IIoT) and Digitalization are no longer a choice. Across industries, including Manufacturing, it has become imperative to drive things by leveraging analytics and automation to provide significant results and insights for increased effciency and accuracy. The global D&A spending by Industrials is estimated to reach US$ 16.8 billion in 2024, registering a growth of 20% CAGR between 2020 and 2024(Zinnov report).

Consumer & Retail: It involves the services of Customer Analytics & Supply chain Analytics.

Financial Services:It involves the services of Fraud Analytics, Customer Analytics, Marketing Analytics.

Business Performance:

For FY 2023, Latentview achieved a full-year growth of 32% in rupee terms. However, during Q4, the growth rate was 20% year-on-year, which was lower than the previous quarter due to market uncertainty and sluggishness. The margins for Q4 were negatively affected by investments in front-end and marketing activities, as well as lower revenue compared to the previous quarter.

The company faced margin contractions in the current fiscal year primarily due to lower revenue (250bps impact on EBITDA) and a significant exercise on ESOP in the US (50bps impact on EBITDA). The company's PAT for Q4 amounted to Rs. 342 crores, representing a decrease of 3.9% compared to Q4 of FY '22. Looking ahead, the company anticipates maintaining similar levels of EBITDA margins for the next few quarters. However, they remain hopeful that operating leverage will come into play as growth improves.

 

Key Financial Ratios:

(Source: Company data, Moneyworks4me.com)

Click here to checkout 10 year X-ray

Business Outlook:

Latentview currently holds Rs. 541 crores of cash and intends to utilize this capital for strategic acquisitions. The company aims to pursue either one significant acquisition or two medium-sized acquisitions. The company has identified opportunities worth $50 million in its pipeline, which can contribute to revenue growth. However, the trajectory for the full year might be influenced by uncertainties within the pipeline, potentially impacting the timing of revenue growth starting in either Q1 or Q2.

Management expresses confidence in surpassing the industry's growth rate by 5-10%. They anticipate achieving growth rates of 20-25% over the next three years, indicating a strong growth trajectory. The company expects the prevailing uncertainties to be resolved within the next couple of quarters, allowing the revenue trajectory to rebound significantly. This anticipation suggests a positive outlook for the company's future performance.

Key Ratios of Latent View Analytic

Adj EPS (Rs.)

Price Chart, Live Stock Chart, Technical Chart of

Sales (Cr.)

ROE (%)

ROCE (%)

Price Chart, Live Stock Chart, Technical Chart of
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Awfis Space Solution 622.2 -10.3 (-1.6%) Small Cap 847 7.8 -2.1 81 10.3
Latent View Analytic 361 1.3 (0.4%) Small Cap 641 8 24.1 44.8 5.1
Medi Assist Health 450.3 -4.7 (-1%) Small Cap 635 13.4 13.6 34 6.2
Ecos India Mob Hosp. 189.4 -2.9 (-1.5%) Small Cap 535 10.2 10.4 18.9 5.8
EKI Energy Services 91 -1.4 (-1.5%) Small Cap 259 -6.5 -48.4 - 0.6
RK Swamy 201.7 -2.2 (-1.1%) Small Cap 162 4.9 16 41.6 4.3
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales118174238235289310306408539641
Operating Expenses 100140173160222230201286394504
Manufacturing Costs2111111244
Material Costs0000000000
Employee Cost 77108133126172198177242336434
Other Costs 21323934493123425367
Operating Profit 193465756780105122145136
Operating Profit Margin (%) 16.0%19.4%27.5%31.7%23.3%25.9%34.2%29.9%26.9%21.3%
Other Income 1115111921215674
Interest 1111033333
Depreciation 23333778910
Exceptional Items -30000002300
Profit Before Tax 143163767590116154189197
Tax -16510121724253438
Profit After Tax 15255767637391130155159
PAT Margin (%) 12.4%14.3%24.0%28.3%21.8%23.5%29.9%31.8%28.8%24.8%
Adjusted EPS (₹)0.91.53.43.93.74.35.46.57.67.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 49751312002653464361,0231,2021,368
Share Capital 1111111202021
Reserves 48741301992653454351,0031,1821,347
Minority Interest0000000000
Debt1616200023000
Long Term Debt33100023000
Short Term Debt131310000000
Trade Payables32236334410
Others Liabilities 9253917161727463767
Total Liabilities 771181742202883664891,0741,2441,445

Fixed Assets

Gross Block12151617194244505364
Accumulated Depreciation4691214714223037
Net Fixed Assets897643530292328
CWIP 3000000000
Investments 51565839872139194501676
Inventories0000000000
Trade Receivables244240515153618499113
Cash Equivalents 2133374597150221692541416
Others Assets151825353856377580213
Total Assets 771181742202883664891,0741,2441,445

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -92270235963908797115
PBT 173163767590116132189197
Adjustment 485-1-2-4-6-4-32-56
Changes in Working Capital -26-1217-355-2-5-13-335
Tax Paid -3-5-14-17-19-21-16-27-27-30
Cash Flow From Investing Activity 0-12-51-15-47-34-45-439-285-4
Capex -60-1-1-2-3-2-7-3-4
Net Investments 6-13-50-13-734-52-448-315-53
Others -120-1-39-658163353
Cash Flow From Financing Activity 11-2-14-2-1-517449-4-1
Net Proceeds from Shares 000100047875
Net Proceeds from Borrowing 12-1-14-3-1023000
Interest Paid -1-1-100000-2-2
Dividend Paid 0000000000
Others 00000-6-6-29-9-4
Net Cash Flow 294611246297-192111
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)35.0840.1255.4540.1927.0223.8423.417.7513.9712.34
ROCE (%)26.6241.0155.2545.3931.9730.2429.3321.1717.1915.51
Asset Turnover Ratio1.811.791.631.191.140.950.720.520.460.48
PAT to CFO Conversion(x)-0.60.881.230.340.940.860.990.670.630.72
Working Capital Days
Receivable Days56696371646168656260
Inventory Days0000000000
Payable Days0000000000

Latent View Analytics Ltd Stock News

Latent View Analytics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Latent View Analytic on 09-Apr-2025 16:59 is ₹360.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Apr-2025 16:59 the market cap of Latent View Analytic stood at ₹7,452.6.
The latest P/E ratio of Latent View Analytic as of 09-Apr-2025 16:59 is 66.32.
The latest P/B ratio of Latent View Analytic as of 09-Apr-2025 16:59 is 6.27.
The 52-week high of Latent View Analytic is ₹575.0 and the 52-week low is ₹340.4.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Latent View Analytic is ₹326.3 ( Cr.) .

About Latent View Analytics Ltd

Latent View Analytics is among the leading pure-play data analytics services companies in India, based on its expertise of the entire value chain of data analytics from data and analytics consulting to business analytics and insights, advanced predictive analytics, data engineering and digital solutions. Across industries, data and analytics are being leveraged by enterprises to guide business strategy and optimize spending decisions amid growing financial uncertainties. It engages and provides services to blue chip companies in Technology, BFSI, CPG & Retail, Industrials and other industries. It has emerged as one of the most trusted partners to several Fortune 500 companies in recent years and has worked with over 30 Fortune 500 companies in the last three Fiscals. Some of the key clients that it works include Adobe, Uber Technology and 7-Eleven.

As an analytics provider with capabilities across business functions, it engage with several key stakeholders within its client organizations, including CFOs for finance and risk analytics, CMOs for marketing insights, CHRSs for HR analytics, CSCO for supply chain analytics, further strengthening its client relationships across multiple touchpoints. The company’s scope of work is classified into: (i) Consulting services, that involves understanding relevant business trends, challenges, and opportunities and preparing a roadmap of data and analytics initiatives that addresses them; (ii) Data engineering, that is undertaken to design, architect and implement the data foundation required to undertake analytics; (iii) Business analytics, that delivers analysis and insights for clients to take more accurate, timely and impactful decisions; and (iv) Digital solutions that it develop to automate business processes, predict trends, and generate actionable insights.

Business area of the company

The company designs and engineers result-oriented analytics solutions, which enables to make intelligent decisions. Its expertise include Digital Solution Accelerators, Big Data Capabilities, Social Media Predictive Analytics and Analytics Tools. It helps and inspires clients to transform their businesses and excel in the digital world by harnessing the power of data and analytics.

Key Awards, Accreditations and Recognition

  • 2015: Recognised as Analytics Company of the Year (Emerging Segment) by the Frost & Sullivan India ICT Awards.
  • 2016: Featured in 2016 Technology Fast 500 Asia Pacific by Deloitte.
  • 2017: Awarded Frost & Sullivan Analytics Solution Provider of the Year.
  • 2017: Recognised as leading technology company in the Deloitte Technology Fast 50 Indian 2017 program by Deloitte.
  • 2018: Validated for compliance as a Level-1 Service Provider under Payment Card Industry Data Security Standard.
  • 2018: Awarded AI Game Change Award for innovative application in AI by NASSCOM, Center of Excellence, Data Science and Artificial Intelligence.
  • 2019: Positioned as a strong performer in The Forrester Wave: Customer Analytics Service Providers.

Major events and milestones

  • 2007: Established presence in the United States through its Material Subsidiary.
  • 2010: Commenced business relationship with Microsoft.
  • 2013: Established new global delivery center at Ramanujan IT City, Chennai.
  • 2013: Established presence in Europe.
  • 2017: Inaugurated global delivery center in Bangalore.
  • 2021: Commenced consulting practice.
  • 2021: Achieved Microsoft Partner Network Gold Competency.
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