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BUILDING WHATʼS NEXT Q2 FY’27 Investor Presentation 31 October 2026
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This presentation and the accompanying slides (the “Presentationˮ), which have been prepared by Latent View Analytics Ltd. (the “Companyˮ), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Companyʼs market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the Companyʼs ability to successfully implement its strategy, the Companyʼs future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Companyʼs market preferences and its exposure to market risks. The Companyʼs actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. Safe harbour
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01 Our Journey
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OUR JOURNEY Twenty years of compounding, three deliberate shifts 2007–2014 FOUNDATION Foundational projects and a strategic partnership with Microsoft; growth-focused CEO appointed. 2015–2020 SPECIALIZATION Operational maturity and industry-specific verticals deepen relevance and expertise. 2021–Present SCALE & AI Data & AI capabilities scaled through acquisitions; transitioned to a public company. FY26 MILESTONE ₹1,000 Cr+ Revenue crossed Analytics Solutions Provider of the Year 2017 Technology Fast 500 Asia Pacific 2009 & Technology Fast 50 India 2012
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LOOKING AHEAD Strategic priorities for the next three years 01 Data engineering, powered by Databricks Foster data engineering innovation and best practices in partnership with Databricks, empowering clients with cutting-edge cloud data solutions. 02 Deepening client relationships Identify diamond accounts by potential value tier and deepen those relationships to enable accelerated, durable growth. 03 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.
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02 Recognition & Reach
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RECOGNITION & IMPACT A year of momentum and recognition 1,800+ Global workforce 4.5% Revenue growth YoY USD 3.0% Existing clients growth on LTM basis 9 New Logos added RECENT INDUSTRY RECOGNITION OF OUR WORK Top Databricks Services Partners AIM PeMa Quadrant - 2026 Leader ISG Provider Lens - Retail-CPG & Supply Chain Analytics 2025 Leader Best Firms Certification for AI Engineers and Data Engineers AIM Research 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 202526 | 4th Consecutive Year RECOGNIZED BY LEADING ANALYST & INDUSTRY BODIES
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GLOBAL DELIVERY A global delivery footprint Our 1,800-strong workforce spans North America, LATAM, APAC, the UK and EU — supporting clients through a blend of onshore, nearshore and offshore delivery. North America 248 Employees 57 Clients San Jose · Seattle · New York · Detroit · Dallas · Orlando · Toronto APAC 1,496 Employees 15 Clients Bengaluru · Chennai · Gurgaon · Singapore EU & UK 7 Employees 4 Clients London · Dublin · Munich LATAM 28 Employees 5 Clients Santiago · Mexico City The above figures represent only FTE workforce
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KEY LOGO WINS New key clients this quarter 01 Retail & CPG Agentic AI-powered content intelligence platform development, product listing automation, and enhanced search discoverability for a leading apparel manufacturer. 02 Technology Data platform modernization, legacy pipeline migration, and governed AI data foundations for future AI capabilities for a global tech manufacturing leader. 03 Financial Services Enterprise data architecture modernization, legacy ETL pipeline migration, and a unified cloud data foundation for a global financial services and insurance company.
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03 Financial Momentum
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Revenue growth since listing ($ Mn) 66.9 FY23 77.7 FY24 100. 3 FY25 119.8 FY26 123.9 LTM Q2FY27 1.85x Revenue growth since FY23, driven by strong relationships with our top customers. 19.3% Revenue CAGR from FY 23 +21.4% QoQ Industrials vertical revenue growth +68.8% YoY
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YEAR ENDED · FY24 vs FY26 ₹MN; FY25 vs FY26 ₹MN Three-year track record Operating revenue 10,602 25% vs FY25 24 25 26 Adjusted EBITDA 2,438 21% vs FY25 24 25 26 Adjusted EBITDA margin 23.0% 0.7 pp vs FY25 24 25 26 Reported PAT 2,021 16% vs FY25 24 25 26 Reported PAT margin 17.8% 1.1 pp vs FY25 24 25 26 Reported basic EPS ₹ 9.59 13% vs FY25 24 25 26 65% vs FY24 79% vs FY24 1.8 pp vs FY24 27% vs FY24 4.4 pp vs FY24 24% vs FY24
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CONSOLIDATED · ₹ MILLION UNLESS STATED Financial summary — Q2 FY27 Revenue from operations 2,941 ₹Mn Yo Y 14.2% QoQ 2.5% FY26 10,602 25.1% Revenue 30.9 $Mn Yo Y 4.5% QoQ 2.0% FY26 $119.8 19.4% Adjusted EBITDA 608 ₹Mn Yo Y 4.8% QoQ 3.7% FY26 2,438 21.2% Adjusted EBITDA % 20.7 % Yo Y 1.9 pp QoQ 0.2pp FY26 23.0% 0.7 pp Reported PBT% 21.0 % Yo Y 1.4 pp QoQ 0.2 pp FY26 23.0% 4.0 pp Reported PAT 485 ₹Mn Yo Y 6.1% QoQ 2.9% FY26 2,021 16.5% Reported PAT % 15.6 % Yo Y 1.0 pp QoQ 0.3 pp FY26 17 .8% 2.7 pp Basic EPS ₹ 2.35 Yo Y 9.3% QoQ 1.0% FY26 9.59 13.5%
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Adjusted EBITDA Margin · Q1 FY27 TO Q2 FY27 20.4% Q1 FY27 1.9% 1.2% Rationalisation of GTM costs 1.1% Lower marketing costs 20.7% Q2 FY27 Impact of higher bench and wage hike Rationalisation of GTM costs Lower marketing costs in Q2FY27 Impact of higher bench and wage hike
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04 Performance Pulse
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REVENUE MIX · Q2FY27 Revenue by industry & geography By industry Technology 55% Financial Services 21% Retail & CPG 15% Industrials & others 9% BY GEOGRAPHY North America 89% Europe & UK 2% Rest of world 9% QOQ REVENUE GROWTH BY INDUSTRY Technology − 0.3% Financial Services + 3.5% Retail & CPG + 2.7% Industrials & others + 21.4%
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OPERATING METRICS · Q2FY27 Key operating metrics Gross Margin % 48.0% Q1FY27 45.3% Q2FY27 Heavy nearshore projects and impact of wage hike SG&A cost as a % of Revenue 25.0% Q1FY27 23.2% Q2FY27 Rationalisation of GTM resources and lower marketing expenses in Q2FY27 COE cost as a % of Revenue 2.6% Q1FY27 1.4% Q2FY27 AI CoE talent redeployed to billable roles, reducing CoE cost as % of revenue. * SG&A cost includes other than delivery and COE employee costs and includes G&A costs
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OPERATING METRICS · Q2FY27 Client concentration & revenue mix CLIENT CONCENTRATION Top 5 clients 56% 1 pp Top 10 clients 71% 1 pp Top 20 clients 84% 2 pp CLIENTS SERVICED 97 in LTM Q2FY27 · from 96 in LTM Q1FY27 Over ₹500 Mn 6 5 ₹100500 Mn 12 16 ₹50100 Mn 10 13 Under ₹50 Mn 68 63 REVENUE MIX BY CLIENT BAND % LTM Q1FY27 63 20 7 10 LTM Q2FY27 58 28 8 6 Over ₹500 Mn ₹100500 Mn ₹50100 Mn Under ₹50 Mn 66% From 5+ year clients 30% From 15 years clients 4% From less than 1 year clients
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OUR PEOPLE Employee metrics Employee split by function 1,622 Q3ʼ25 1,650 Q4ʼ25 1,670 Q1ʼ26 1,729 Q2ʼ26 1,727 Q3ʼ26 1,744 Q4ʼ26 LTM attrition rate Utilisation rate Onshore, nearshore & offshore ratio % Onshore Nearshore Offshore Delivery COE Corporate Sales & Marketing Employee split by function represents only FTE workforce
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05 Leadership & Governance
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FUELLED BY STRONG GOVERNANCE Board of directors EXECUTIVE DIRECTORS Venkat Viswanathan Chairperson Pramadwathi Jandhyala Executive Director INDEPENDENT DIRECTORS Anindya Ghose Independent Director Raghuama Rao Independent Director Reed Cundi Independent Director Sudha Sankaran Independent Director
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EXPERIENCE BEHIND THE WHEEL Executive leadership Sonal Ramrakhiani Chief Executive Officer Rajan Bala Venkatesan Chief Financial Officer Remadevi Thoathil Chief Human Resources Officer
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Thank you Latent View Analytics Limited INVESTOR RELATIONS ERNST & YOUNG LLP Srinivasan P Diwakar Pingle Diwakar.Pingle@in.ey.com Asha Gupta Asha.Gupta@in.ey.com investorcare@latentview.com