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LatentView Analytics Shares Rally on Q1 Revenue and Profit Beat

ICICI Securities maintains an ADD rating with a Rs 490 target after LatentView reiterated a medium-term goal of $200 million revenue by FY28 through key investments in Gen AI

Latent View Analytics shares up 8%; more upside ahead?
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Overview

  • LatentView’s shares climbed 7.87% to Rs 466.85 on the BSE after the company reported Q1 revenue of Rs 236 crore, up 32% year-on-year.
  • Net profit rose 30% to Rs 50.8 crore, marking the firm’s tenth consecutive quarter of revenue growth.
  • EBITDA jumped 31.6% year-on-year to Rs 50.4 crore in Q1 while the margin dipped by 10 basis points to 21.4%.
  • Management reaffirmed its FY26 dollar revenue growth forecast of 18–19% and reiterated an EBITDA margin target of around 23%.
  • The company added seven new clients in Q1 and has doubled headcount at its Gen AI Centre of Excellence to strengthen its data engineering capabilities.