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Does LatentView favor investor’s anticipation?




LatentView Analytics Ltd is one of the fast-growing digital analytics firms; it helps the  companies to improve new revenue streams, anticipate product trends and popularity, improve customer retention rates, and maximize investment decisions through predictive modeling, marketing analytics, big data analytics, advanced analytics, data science, data engineering, AI, and Machine learning applications.

LatentView’s opening listing price in the IPO

The LatenView’s stock was available for IPO from Nov 10, 2021, to Nov 12, 2021. The price was quoted at Rs.190 to Rs.197 per share, with a lot size of 76 shares. The Grey market premium (the price at which the stock was sold before formal trading began) stood at 180%. The stock debuted with a 169% premium at Rs.512.20 at NSE and Rs.530 at BSE.

While the past healthy financials, strong growth prospects, and strengthened relations with the blue-chip companies added to the rewarding debut, has the company fulfilled the investors’ expectations after its debut?

Let us see how the stock prices switched in time:

We can see from the chart that the price/stock of LatentView has been in a downward trend with few price-up movements since its debut.

Return and Standard Deviation

Calculating return and standard deviation is essential in analyzing the investment potential and stock volatility. Here we will be finding these to explore the LatentView.

The average monthly return and average annualized return, along with the standard deviation values for the period Dec 21 to June 23, are illustrated in the tables below:

Average monthly return-0.02
Average monthly standard deviation9%
Annualized return-0.255
Annualized std dev31%

Return:The average monthly return and annualized return gives a negative value indicating a loss for investors.

Standard deviation: The standard deviation of 31% shows that the stock is volatile. The volatility of blue-chip stocks is significantly less, whereas they are high for growth stocks which can offer high returns and risk of substantial losses.

Business road map of LatenView

When the Stock was listed in the IPO, it gained a GMP of over 180% and it was subscribed 119 times by retail investors. The road map of the company shows why the company was a much-anticipated company among retail investors. The company outperformed several times and gained so much of value and trust among its clients and overall, it gave an impressive outlook to the public.

Financial performance

When analyzing the key financial parameters of LatentView, based on 9MFY21 and 9MFY22 results, the revenue from operations and EBITDA increased by 28.2% and 12.7%, respectively, but the EBITDA margin saw a drop of 12%.

Let us see how the company has performed in the following years from the following table:

EBITDA %29.9%26.9%-10%
PAT %30.2%26.1%-14%

In its investor presentation, the company mentioned that the payroll cost, organizing and participating in industry events, and lower revenue in Q3 led to a drop in EBITDA margin.

Why are the prices falling despite good valuation?

First let us discuss the reason why LatentView has good reputation among its shareholders

Area of expertise

The company has a strong area of expertise in

  • Business Analytics- helps personalize, optimize, and enhance marketing and sales strategy.
  • Consulting services- Understand, assess, and prioritize growth programs to ensure the business realizes its full benefits.
  • Data Engineering- Data migration & data activation.
  • Data science and AI- Quantify, access, and predict market segments & outcomes, improve throughput, reduce costs, and enhance quality.

Strong leadership team

  1. CEO- Mr. Rajan Sethuraman has a wide set of skills, including management consulting, Global delivery, Business development, and business process development.
  2. FOUNDER & CHAIRMAN- Mr. Venkat Viswanathan has vertical experience in Technology and BSFI working in Asia- pacific and Europe markets.
  3. CO-FOUNDER- Ms. Pramad Jandhyala has vertical experience in BSFI and serves markets around Europe and Asia Pacific.

Deep relationship with the Blue-chip clients

The company has partnered with the largest enterprises in the world. LatentView has worked with over 30 Fortune 500 companies.

While the discussion above showed us why the company has good valuation, let us see why the price movements are in downward trend.

Dependency on US clients

The company’s revenue is majorly derived from the USA. The risks associated with the changes in foreign law, regulations, imports, exports, license requirements, tariffs, and taxes.

The aspect of US Fed rates could also contribute to the risk of business this company has in the USA.

Dilution of shares

Shareholders have been diluted in the past year, with the total share outstanding growing by 2.2%, which could have led to a fall in EPS value and trust among the investors.

The TTM EPS (consolidated) fell to to Rs.7.59/share in March 2023 from Rs.112.36/share in March 2022.

PAT & EBITDA’S Margins

The share price fell further after the EBITDA margin fell 15.9%, and PAT fell 4% YoY after Q4FY23 results were announced.


LatentView is a well-established analytics company with key partnerships with aws, Optimizely, Google cloud partner, Snowflake, looker, Microsoft, tableau, Adobe, and QlikView. They do business around the world across 3 continents, with majority of business coming from the USA. But the fall of price since its IPO and other factors preventing costs from improving, such as poor profit growth and low EBITDA margin, halts it from performing well and being a favorable stock for the investors.

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Finance World

Why Muthoot Finance is not affected by the small cap and mid cap fall?



This week, if you’ve been keeping an eye on the stock market, you might’ve noticed something unusual. While the small cap and mid cap markets took a serious dive, Muthoot Finance seemed to just avoid it, falling by a mere 2%. So, what’s their secret?

What is the business of Muthoot Finance?

First up, Muthoot Finance has a strong foothold in gold loans. Now, why does this matter? Well, when other investments seem risky, people tend to fall back on gold because it’s considered a safer bet. With gold prices staying high, Muthoot’s gold loan business is like a stable ship in a stormy sea.

Muthoot Finance target price by Kotak

Kotak Institutional Equities is pretty optimistic about Muthoot, recommending a “buy” with a target of Rs 1,500. They think Muthoot is in a prime spot to grab a bigger slice of the gold loan market. Plus, with some Non-Banking Financial Companies (NBFCs) hitting a rough patch, Muthoot has a clear ground to expand and grow further. Unlike NBFC, Muthoot has a strong ground presence with offices and branches, they have physical repo with their customers, unlike NBFC who operate from AC offices.

New Friends and New Frontiers

Muthoot isn’t just sitting pretty with its gold loans; it’s also making moves. It teamed up with Evfin to finance electric two-wheelers across India. And there’s more – Muthoot FinCorp has brought Veefin Solutions on board to kick off supply chain finance operations. This means they’re planning to lend a hand to small and medium businesses, helping them keep the wheels turning. So, its a great news that Muthoot is expanding into fields that are not dependent on gold loans alone.

Spreading Their Wings

Muthoot Microfin, a part of the Muthoot Group, is pushing into new territories too. They’ve just set foot in Telangana and have their sights set on Andhra Pradesh next. This move is about bringing more people into the financial fold, especially in places where banking services might be hard to come by. This gives an edge to Muthoot over banks and NBFC.

Are you wondering whether to invest in Muthoot Finance or Manappuram Gold? Take a look at this:

So, What’s the Deal?

While the market’s mood swings have sent some companies into a pit, Muthoot Finance has managed to stay stable. Thanks to its focus on gold loans, strategic partnerships, and expansion plans, it’s not just surviving; it’s set to thrive. So, while the rest of the market might be catching its breath, Muthoot is marching on, steady as ever.

Keep following us for more such latest news on TradeAlone.

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Finance World

Infibeam Avenues Ltd expands into the US Market with an Acquisition



Hello, digital pioneers and fintech enthusiasts! Let’s dive into a groundbreaking announcement for Infibeam. Infibeam Avenues Ltd, an AI-powered financial technology, is embarking on an exciting journey by acquiring a 20% stake in XDuce. XDuce is a mastermind in enterprise Application and AI development based in the United States. This bold move involves an investment of USD 10 million. This also marks a significant milestone in Infibeam Avenues Ltd’s global expansion narrative.

XDuce: A Hub of Innovation

Nestled in the heart of New Jersey, XDuce boasts a team of over 150 software developers. They’re a team behind the curtain for marquee clients like Bank of America and Morgan Stanley, to name a few. XDuce’s expertise in business application implementations and transformation is nothing short of legendary in the financial and insurance sectors of North America.

A Fusion of Giants

So, what happens when Infibeam Avenues Ltd and XDuce comes together? Infibeam Avenues Ltd wants to merge it’s AI Solutions and CCAvenue Payments business into the network that XDuce has built. This collaboration is about expanding business footprints, revolutionizing how AI-driven technologies are employed in fraud detection, authentication, and risk identification in the financial sector of the US.

Redefining Financial Technology

Imagine a world where transaction fraud is no longer a looming threat, thanks to state-of-the-art AI technologies. That’s the vision Mr. Jay Dave, CEO of XDuce, and Mr. Rajesh Kumar SA, CEO of Phronetic.AI, share. By integrating PhroneticAI abilities with XDuce’s solutions, they will offer businesses and consumers in the US with security and efficiency.

The Road Ahead

According to Mr. Vishwas Patel, Joint Managing Director of Infibeam Avenues Ltd, international business currently contributes less than 10% to the company’s total revenue. But with strategic moves like this, they’re aiming for international business to soar to 30% of total revenue in the coming years.

Infibeam Avenues Ltd at a Glance

Infibeam Avenues Ltd is at the forefront of offering digital payment solutions and enterprise software platforms across the globe. With a transaction worth INR 4.5 trillion (US$ 54 billion) processed in FY23, and a client base of over 10 million. Spread across digital payments and enterprise software platforms, they’re leading digital revolution.

Wrapping Up

The strategic investment in XDuce is a bold step towards Infibeam Avenues Ltd’s vision of global expansion and innovation.

Stay tuned with Tradealone, as we continue to follow this exciting journey of Infibeam Avenues Ltd. Stock price for Infibeam closed 7% up today. We also see a continues profit growth for Infibeam Avenues over the past 4 years. Although, we cant recommend a buy or sell call for the stock, however we feel this stock deserves your attention.

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Finance World

Satin Creditcare Expands its Reach by entering Telangana and Andhra Pradesh, stock has doubled so far this year



In a country where financial inclusion remains a major yet challenging goal, the expansion of services to underbanked regions marks a significant step forward. Satin Creditcare Network Limited (SCNL), a leading name in microfinance, announces its strategic entry into Telangana and Andhra Pradesh. This move not only amplifies SCNL’s presence to 26 states and union territories across India but also underlines its commitment to empowering the economically marginalized communities with vital financial services.

A Leap Towards Nationwide Financial Inclusion: SCNL’s mission to drive financial inclusion is more than just a business expansion; it’s a pledge to reach the unreached. The opening of two new branches in Telangana (Warangal and Huzurabad) and one in Kadiri, Andhra Pradesh, is a testament to SCNL’s dedication to making financial services accessible to all, especially in rural and semi-urban areas where banking facilities are scarce.

Why Telangana and Andhra Pradesh?

The choice of Telangana and Andhra Pradesh for SCNL’s latest expansion is strategic. Both states have shown promising economic growth yet house significant populations that lack access to basic financial services. By stepping into these states, SCNL aims to fill this gap, offering microfinance solutions that can serve as a catalyst for economic empowerment and sustainable development. Moreover, Telangana is a fast growing hub for Pharma industry as the state capital Hyderabad leads the way.

SCNL’s Blueprint for Empowerment

SCNL’s approach to empowerment through financial inclusion is holistic. Focused on rural India, with 76% of its operations dedicated to rural communities across 97,000 villages, SCNL is not just providing financial services but is also contributing to the rural economy’s growth. This expansion is a stride towards enabling access to credit for the underserved, thereby fostering an environment of economic resilience and growth.

A Message from the Leadership

Mr. HP Singh, Chairman cum Managing Director of SCNL, remarks, “Our expansion into Telangana and Andhra Pradesh is a significant milestone in our journey towards a financially inclusive India. It’s not merely about increasing our geographical footprint; it’s about touching lives, empowering the marginalized, and contributing to the nation’s economic fabric. We’re here to make a difference, one individual, one community at a time.”

Ashirvad Microfinance is a fast growing company as well. Check it out if you are interested.

Beyond Expansion – A Look at SCNL’s Innovations

SCNL’s innovations extend beyond traditional microfinance. The institution’s portfolio includes loans to MSMEs, affordable housing loans through its subsidiary Satin Housing Finance Limited (SHFL), and the commencement of MSME business through Satin Finserv Limited (SFL). These initiatives demonstrate SCNL’s commitment to diversifying financial solutions that cater to various needs of the underserved.

The Road Ahead for SCNL

As SCNL carves new paths in Telangana and Andhra Pradesh, the future looks promising. This expansion is not just about growth but about deepening the impact of financial inclusion across India. With continued innovation and a steadfast commitment to its mission, SCNL is poised to create significant strides in empowering communities and fostering economic development across the country. Moreover, the stock price for Satin Creditcare has almost doubled in the last one year.

Conclusion: SCNL’s expansion into Telangana and Andhra Pradesh marks a new chapter in its mission to facilitate financial inclusion across India. By reaching out to the economically marginalized sections of society, SCNL strengthens its role as a catalyst for economic empowerment and sustainable development. As we watch this journey unfold, the prospects for a financially inclusive India appear brighter than ever. Despite that we do not see any positive signs from the revenue and profit growth of the company over the last 5 years. Thus, we feel that investors must be cautious while investing here.

Remember that microfinance companies also face competitions from the major banks. However, as this move is towards uncharted regions of Telangana and Andhra, we do not think that the banks would pose any risk to Satin Creditcare.

Call-to-Action: We invite you to join the conversation: How do you think SCNL’s expansion will impact financial inclusion in Telangana and Andhra Pradesh? Share your thoughts and insights in the comments below. Let’s discuss how financial empowerment can transform lives and communities. Also, please follow Tradealone for more such latest updates.

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