LatentView Analytics concluded the fiscal year FY26 by crossing the INR 1,000 crore revenue milestone. Despite headwinds in the technology sector, the company maintained 19% to 20% growth for the year. Management highlighted that 28% of last year’s revenue was driven by AI-led projects. The company is doubling down on its partnership with Databricks and investing in a new AI Center of Excellence to drive future growth.
Financial Performance Milestones
LatentView Analytics achieved a significant milestone in FY26, surpassing INR 1,000 crore in total revenue. On a full-year basis, the company delivered growth between 19% and 20%, with an EBITDA of 23% to 24%. Despite some shrinkage in a major technology account, the company reported 0.5% sequential revenue growth in dollar terms for the final quarter, bolstered by strong performance in the BFSI and CPG retail verticals.
Strategic AI Transformation
The company is witnessing significant traction in its AI initiatives, with nearly half of its work involving some form of AI. Approximately 28% of total revenue was generated from primary AI projects, where solutions such as generative and agentic workflows are directly visible to end customers. To sustain this momentum, the organization is launching a Claude certification program and hiring specialized forward-deployed engineers to bridge the gap between AI modeling and enterprise implementation.
Key Partnership and Vertical Growth
The company’s partnership with Databricks continues to be a core pillar of growth, with revenue from this ecosystem reaching $17.5 million in FY26, up from $12 million in the previous year. Management expects this portfolio to grow by over 60% in the coming year. Additionally, the BFSI practice reported stellar growth, exceeding 80% compared to the previous year, with new wins in wealth management and asset management reinforcing the company’s diversification beyond the traditional technology vertical.
Outlook for FY27
Looking ahead to FY27, the leadership remains optimistic despite persistent headwinds in the technology sector. The company is actively pursuing new business opportunities, targeting a revenue growth rate of 12% to 13% based on the current high-visibility pipeline, with potential to scale higher as the year progresses. Investments will remain focused on the AI Center of Excellence and Databricks partnership to ensure the company remains well-positioned to capitalize on the ongoing agentic shift in the industry.
Source: BSE
