Latent View FY26 revenue rises 20%, AI drives 49% of work
Latent View Analytics Limited reported a 20% revenue growth for FY26, crossing the ₹1,000 crore mark, driven by AI solutions which contributed to 49% of operations. The company provided FY27 guidance of 12-13% growth, with an EBITDA margin between 21-22%.

*this image is generated using AI for illustrative purposes only.
Latent View Analytics Limited reported a 20% revenue growth for the financial year ended March 31, 2026, crossing the ₹1,000 crores mark. The company disclosed that 28% of its revenues for the fiscal year involved primary AI solutions, including traditional, generative, and agentic AI, which were directly visible to end customers. Additionally, 21% of the work involved AI under the hood, bringing the total AI-influenced work to nearly half of its operations. The earnings call transcript was released on May 25, 2026, pursuant to Regulation 30 read with Part A of Schedule III and 46(2)(oa) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Performance
For the full year FY26, the company achieved revenue growth between 19% and 20%, with an EBITDA margin of 23%, in line with earlier guidance. On a sequential basis, Q4FY26 revenue grew by 0.5% in dollar terms despite a $7 million annual revenue shrinkage in a top technology client due to consolidation and work insourcing. The BFSI vertical grew by over 80% year-on-year, ending the year with approximately $18 million in revenue. The adjusted EBITDA for Q4FY26 stood at 24.1%, aided by forex benefits and the absence of one-off costs from the previous quarter.
Strategic Initiatives
Management emphasized a strong focus on AI and Databricks partnerships. The company is investing in "forward-deployed engineers" who combine data engineering, BI, data science, and AI skills. A Claude certification program is underway with over 200 sign-ups. The Databricks practice generated $17.5 million in revenue for FY26, up from $12 million in the previous year, and is expected to grow by over 60% in FY27. Latent View also invested in Healtheon, a healthcare firm utilizing agentic frameworks for revenue cycle management.
Outlook for FY27
The company provided a growth guidance of 12% to 13% based on high-visibility pipelines, with investments aimed at achieving a target growth of 18% to 20% for the year. The technology vertical is expected to grow between 5% and 8%, while the consumer vertical is projected to grow between 18% and 22%. BFSI growth is expected to be around 40%. The EBITDA margin for FY27 is guided between 21% and 22%, factoring in investments in AI and Databricks leadership hiring.
Key Metrics
| Parameter | FY26 Details |
|---|---|
| Revenue Growth | 19% - 20% (YoY) |
| EBITDA Margin | 23% (Full Year) |
| AI Revenue Contribution | 28% (Primary) + 21% (Under the hood) |
| Databricks Revenue | $17.5 million |
| BFSI Growth | >80% (YoY) |
The transcript was signed by P. Srinivasan, Company Secretary and Compliance Officer, and is available on the company's website.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0I7C01011/1c58999e88cc4671.pdf
Historical Stock Returns for Latent View Analytics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.66% | -9.82% | -6.80% | -41.58% | -29.36% | -39.98% |
How will the increased investment in AI and Databricks leadership hiring specifically impact the EBITDA margin trajectory throughout FY27?
What risks does the company face regarding client consolidation and insourcing, given the $7 million revenue shrinkage in Q4FY26?
Can the Databricks practice sustain its projected 60% growth rate in FY27 amidst increasing competition in the data and AI cloud market?


































