Latent View plays on analytics, but needs more data on growth

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The company requires a price-earnings multiple of 43.7 based on annualized net earnings for the June 2021 quarter and implied market capitalization.

Synopsis

Latent View Analytics, a small software exporter, plans to raise 474 crore through a new share issue and up to ₹ 126 crore through a sell offer by the promoters. The company operates in the rapidly growing field of data analytics, with the majority of revenue coming from the United States, a significant market for such services. However, it shows a high concentration of customers. Growing attrition is another headwind.

ET Intelligence Group: Latent View Analytics, a small software exporter, plans to raise 474 crore from a new share issue and up to 126 crore from a sell offer by promoters. The company operates in the rapidly growing field of data analytics, with the majority of revenue coming from the United States, a significant market for such services. However, it shows a high concentration of customers. Growing attrition is another headwind. Even if its valuation

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