Financial Performance Summary - Q1 FY27

Revenue Performance

  • Revenue in USD: $30.3 million (9.9% YoY growth, -3.5% QoQ)
  • Total Revenue from Operations: ₹2,869 million (21.6% YoY growth, -0.6% QoQ)
  • Other Income: ₹213 million (-9.0% YoY, 31.4% QoQ)
  • Total Income: ₹3,081.7 million (18.8% YoY, 1.1% QoQ)

Profitability Metrics

  • Adjusted EBITDA: ₹586 million (12.0% YoY, -15.7% QoQ)
  • Adjusted EBITDA Margin: 20.4% (-1.7 pp YoY, -3.7 pp QoQ)
  • Transaction related expense: ₹19 million (0.0% YoY, -5.0% QoQ)
  • Reported EBITDA: ₹567 million (12.5% YoY, -16.0% QoQ)
  • Reported EBITDA Margin: 19.8% (-1.6 pp YoY, -3.6 pp QoQ)
  • Reported PBT: ₹653 million (5.3% YoY, -7.7% QoQ)
  • Reported PBT Margin: 21.2% (-2.7 pp YoY, -2.0 pp QoQ)
  • Reported PAT: ₹471 million (-6.9% YoY, -14.5% QoQ)
  • Reported PAT Margin: 15.3% (-4.2 pp YoY, -2.8 pp QoQ)

Earnings Per Share

  • Reported Basic EPS: ₹2.33 (-5.5% YoY, -8.8% QoQ)
  • Reported Diluted EPS: ₹2.32 (-5.2% YoY, -9.0% QoQ)

Operational Highlights

Workforce and Global Presence

  • Global workforce: 1,800+ employees
  • Geographic distribution: North America (243 employees), APAC (1,451 employees), EU & UK (13 employees), LATAM (5 employees)
  • Delivery locations: San Jose, Seattle, New York, Detroit, Dallas, Orlando, Toronto, Bengaluru, Chennai, Gurgaon, Singapore, London, Dublin, Munich

Client Metrics

  • Clients serviced in LTM Q1FY27: 96 (increased from 94 in FY26)
  • Client concentration by revenue:
  • Over ₹500 Mn: 5 clients (was 6 in FY26)
  • ₹100-500 Mn: 13 clients (was 12 in FY26)
  • ₹50-100 Mn: 10 clients (unchanged from FY26)
  • Under ₹50 Mn: 66 clients (was 68 in FY26)
  • 7 new logos added in Q1 FY27

Revenue Composition

  • Geographic revenue mix: North America 90%, Europe & UK 2%, Rest of world 8%
  • AI-led revenue: 35% of total revenue in Q1 FY27
  • Financial Services vertical: +110% YoY revenue growth

Strategic Initiatives

The company outlined three strategic priorities for the next three years:

1. Data engineering powered by Databricks: Foster data engineering innovation and best practices in partnership with Databricks, empowering clients with cutting-edge cloud data solutions

2. Deepening client relationships: Identify diamond accounts by potential value tier and deepen those relationships to enable accelerated, durable growth

3. AI embedded across the business: A core team embedding all facets of AI into business processes, with sustained investment in talent upskilling for advanced analytics and AI

Historical Performance Context

  • Revenue growth since listing: 1.83x since FY23
  • 20.5% Revenue CAGR from FY23
  • FY26 milestone: Revenue crossed ₹1,000 Cr+
  • Three-year track record shows Adjusted EBITDA margin at 23.0% in FY26 (+0.7 pp vs FY25)
  • Reported basic EPS growth: 13% vs FY25

Recent Recognition & Awards

  • Most Innovative Use of AI in Service Delivery - Minsky Award @ Cypher 2025
  • ISG Provider Lens - Retail-CPG & Supply Chain Analytics 2025 Leader
  • Data Engineering & Agentic AI Service Providers - AIM PeMa Quadrant 2025 Leader
  • Forrester Wave - Marketing Measurement & Optimization Strong Performer - Q1 2026 Wave
  • Retail Technology Innovation Hub Award — AI & Payments RTIH 2026 Winner
  • Great Place to Work Certified 2025-26 (4th consecutive year)

Key Client Wins in Q1 FY27

1. Technology Sector: Pricing and supply chain analytics and data foundational support for a leading US-based recycled OEM automotive parts provider

2. Financial Services: Strategic marketing analytics and dashboard modernization for one of the top asset management firms

3. Financial Services: Cloud data migration, platform engineering, and data foundational work for a global fintech platform

Leadership & Governance

Board of Directors

  • Executive Directors: Pramadwathi Jandhyala (Executive Director)
  • Independent Directors: Listed but names not specified in disclosure

Executive Leadership Team

  • Sonal Ramrakhiani - Chief Executive Officer
  • Rajan Bala Venkatesan - Chief Financial Officer
  • Remadevi Thoathil - Chief Human Resources Officer
  • Rajan Sethuraman - Strategic Advisor to CEO

Investor Relations Contacts

  • Company Contact: investorcare@latentview.com
  • Ernst & Young LLP Contacts: Diwakar.Pingle@in.ey.com, Asha.Gupta@in.ey.com

Additional Information

  • The presentation is available on the company website: https://www.latentview.com/
  • The document includes standard safe harbor statements regarding forward-looking statements
  • The presentation contains disclaimers that it does not constitute an offer to purchase securities