{"id":321139,"date":"2026-10-21T16:06:57","date_gmt":"2026-10-21T10:36:57","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=321139"},"modified":"2026-10-21T16:06:57","modified_gmt":"2026-10-21T10:36:57","slug":"cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/","title":{"rendered":"3 Cloud Services Major, Analytics Specialist and Experience Engineering Stocks With a Strong Future Roadmap: Coforge, Latent View Analytics and Zensar Technologies"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Coforge, Latent View Analytics and Zensar Technologies: ROE of 11.3% to 16.4% and FY22 to FY26 revenue CAGR of 7.8% to 27.6%. Prices as of 20 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three digital services and analytics stocks to watch are Coforge, Latent View Analytics and Zensar Technologies. Their return on equity ranges from 11.3% to 16.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.8% to 27.6%. Zensar Technologies has the highest return on equity at 16.4%, while Latent View Analytics has the fastest revenue growth at 27.6% a year. Prices are based on the 20 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Digital services and analytics stocks give investors exposure to the technology work that global businesses outsource to Indian providers. Coforge, Latent View Analytics and Zensar Technologies cover a digital engineering major, a data analytics specialist and an experience and cloud services firm.<\/p>\n<p>This list covers three digital services and analytics stocks with complete current figures: Coforge, Latent View Analytics and Zensar Technologies. Every figure comes from the latest reported financials and the 20 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#What_Are_Digital_Services_and_Analytics_Stocks\" title=\"What Are Digital Services and Analytics Stocks?\">What Are Digital Services and Analytics Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#Digital_Services_and_Analytics_Stocks_at_a_Glance\" title=\"Digital Services and Analytics Stocks at a Glance\">Digital Services and Analytics Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#Why_Do_Digital_Services_and_Analytics_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Digital Services and Analytics Stocks Have a Strong Roadmap in India?\">Why Do Digital Services and Analytics Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#Why_Coforge_Features_Among_These_Digital_Services_and_Analytics_Stocks\" title=\"Why Coforge Features Among These Digital Services and Analytics Stocks\">Why Coforge Features Among These Digital Services and Analytics Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#Why_Latent_View_Analytics_Features_Among_These_Digital_Services_and_Analytics_Stocks\" title=\"Why Latent View Analytics Features Among These Digital Services and Analytics Stocks\">Why Latent View Analytics Features Among These Digital Services and Analytics Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#Why_Zensar_Technologies_Features_Among_These_Digital_Services_and_Analytics_Stocks\" title=\"Why Zensar Technologies Features Among These Digital Services and Analytics Stocks\">Why Zensar Technologies Features Among These Digital Services and Analytics Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#Coforge_vs_Latent_View_Analytics_vs_Zensar_Technologies_on_Key_Financials\" title=\"Coforge vs Latent View Analytics vs Zensar Technologies on Key Financials\">Coforge vs Latent View Analytics vs Zensar Technologies on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#Key_Risks_to_Check_Before_Investing_in_Digital_Services_and_Analytics_Stocks\" title=\"Key Risks to Check Before Investing in Digital Services and Analytics Stocks\">Key Risks to Check Before Investing in Digital Services and Analytics Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#Final_Thoughts_on_Digital_Services_and_Analytics_Stocks\" title=\"Final Thoughts on Digital Services and Analytics Stocks\">Final Thoughts on Digital Services and Analytics Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#What_are_digital_services_and_analytics_stocks\" title=\"What are digital services and analytics stocks?\">What are digital services and analytics stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#Which_digital_services_and_analytics_stocks_are_covered_in_this_list\" title=\"Which digital services and analytics stocks are covered in this list?\">Which digital services and analytics stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#Why_do_digital_services_and_analytics_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do digital services and analytics stocks have a strong future roadmap in India?\">Why do digital services and analytics stocks have a strong future roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#How_has_Coforge_performed_financially\" title=\"How has Coforge performed financially?\">How has Coforge performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#How_has_Latent_View_Analytics_performed_financially\" title=\"How has Latent View Analytics performed financially?\">How has Latent View Analytics performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#How_has_Zensar_Technologies_performed_financially\" title=\"How has Zensar Technologies performed financially?\">How has Zensar Technologies performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#What_risks_should_investors_check_before_buying_digital_services_and_analytics_stocks\" title=\"What risks should investors check before buying digital services and analytics stocks?\">What risks should investors check before buying digital services and analytics stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/cloud-services-major-analytics-specialist-and-experience-engineering-stocks-roadmap-ascent-list\/#Is_this_list_of_digital_services_and_analytics_stocks_investment_advice\" title=\"Is this list of digital services and analytics stocks investment advice?\">Is this list of digital services and analytics stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Digital_Services_and_Analytics_Stocks\"><\/span><strong>What Are Digital Services and Analytics Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Digital services and analytics stocks are listed technology companies that offer cloud, engineering and data services to clients abroad. Their results depend on deal wins, client spending and the share of recurring revenue.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Digital_Services_and_Analytics_Stocks_at_a_Glance\"><\/span><strong>Digital Services and Analytics Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE (%)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/coforge\/coforge-ltd-share-price-today\">Coforge<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,925<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">85,024<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">44.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.08<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/latentview\/latent-view-analytics-ltd-share-price-today\">Latent View Analytics<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">239.73<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,968<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">25.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.02<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/zensartech\/zensar-technologies-ltd-share-price-today\">Zensar Technologies<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">513.15<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11,686<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.02<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Zensar Technologies trades at a P\/E below the industry P\/E, while Coforge and Latent View Analytics trade above it, which reflects the growth the market already expects. Readers comparing digital services and analytics stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Digital_Services_and_Analytics_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Digital Services and Analytics Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Digital services and analytics stocks have a strong roadmap in India because businesses worldwide are investing in cloud, data and artificial intelligence and are using Indian partners for scale.<\/p>\n<ul>\n<li><strong>Data and AI spending.<\/strong> Companies are investing to use data in decisions.<\/li>\n<li><strong>Cloud adoption.<\/strong> Systems and applications are moving to the cloud.<\/li>\n<li><strong>Deal momentum.<\/strong> Large multi-year contracts give revenue visibility.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Coforge_Features_Among_These_Digital_Services_and_Analytics_Stocks\"><\/span><strong>Why Coforge Features Among These Digital Services and Analytics Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the digital services and analytics stocks on this list, Coforge is a global IT services company that offers digital engineering, cloud, data and application services to clients in travel, banking, insurance and other industries.<\/p>\n<p>In the June 2026 quarter, revenue grew 49.2% year on year to Rs 5,554 crore, while net profit rose 49.2% to Rs 532 crore. Revenue rose from Rs 6,484 crore in FY22 to Rs 16,476 crore in FY26, a compound annual growth rate of 26.3%.<\/p>\n<p>Net profit grew from Rs 715 crore in FY22 to Rs 1,674 crore in FY26, which works out to a compound annual growth rate of 23.7%. The company has a return on equity of 16.3%, a debt to equity ratio of 0.08 and a market capitalisation of Rs 85,024 crore. The stock trades at a P\/E of 44.3, above the industry P\/E of 17.5.<\/p>\n<p><strong>Roadmap:<\/strong> The company focuses on large, long-running deals in sectors where it has deep domain strength. A rising share of cloud and data work and the acquisition of a leading digital services business have strengthened its pipeline.<\/p>\n<p><strong>What to watch:<\/strong> Check the order intake and the pace of large deal conversion.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Latent_View_Analytics_Features_Among_These_Digital_Services_and_Analytics_Stocks\"><\/span><strong>Why Latent View Analytics Features Among These Digital Services and Analytics Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the cloud engineering shares on this list, Latent View Analytics, headquartered in Chennai, provides data analytics, engineering and artificial intelligence services to technology, consumer and financial clients worldwide.<\/p>\n<p>The company has a return on equity of 11.3%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 4,968 crore. The stock trades at a P\/E of 25.0, above the industry P\/E of 17.5.<\/p>\n<p>Revenue rose from Rs 429 crore in FY22 to Rs 1,136 crore in FY26, a compound annual growth rate of 27.6%. Net profit grew from Rs 130 crore in FY22 to Rs 202 crore in FY26, which works out to a compound annual growth rate of 11.8%. In the June 2026 quarter, revenue grew 18.8% year on year to Rs 308 crore.<\/p>\n<p><strong>Roadmap:<\/strong> Enterprises are investing in analytics and artificial intelligence, which feeds demand for data services. The company is widening its client list and scaling large accounts with a consulting and engineering model.<\/p>\n<p><strong>What to watch:<\/strong> Follow client additions and the growth of large accounts.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Zensar_Technologies_Features_Among_These_Digital_Services_and_Analytics_Stocks\"><\/span><strong>Why Zensar Technologies Features Among These Digital Services and Analytics Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Zensar Technologies, an RPG group company, offers digital engineering, cloud and experience services to clients across financial services, retail and manufacturing.<\/p>\n<p>Revenue rose from Rs 4,382 crore in FY22 to Rs 5,921 crore in FY26, a compound annual growth rate of 7.8%. Net profit grew from Rs 422 crore in FY22 to Rs 775 crore in FY26, which works out to a compound annual growth rate of 16.4%.<\/p>\n<p>In the June 2026 quarter, revenue grew 8.6% year on year to Rs 1,566 crore, while net profit rose 1.0% to Rs 184 crore. The company has a return on equity of 16.4%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 11,686 crore. The stock trades at a P\/E of 15.1, below the industry P\/E of 17.5.<\/p>\n<p><strong>Roadmap:<\/strong> Strong deal wins in cloud and data work, a focus on fewer, larger clients and the use of artificial intelligence in delivery support its path. Cost discipline has allowed margins to improve over the years.<\/p>\n<p><strong>What to watch:<\/strong> Follow client concentration and growth in large accounts.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Coforge_vs_Latent_View_Analytics_vs_Zensar_Technologies_on_Key_Financials\"><\/span><strong>Coforge vs Latent View Analytics vs Zensar Technologies on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three digital services and analytics stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Coforge<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,484<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16,476<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">26.3%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,674<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Latent View Analytics<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">429<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,136<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">27.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">202<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Zensar Technologies<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,382<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,921<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.8%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">775<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.1%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Zensar Technologies posts the highest return on equity in this group at 16.4%. Coforge has the largest FY26 revenue at Rs 16,476 crore, and Latent View Analytics shows the fastest revenue growth with a 27.6% compound annual rate. A useful habit with digital services and analytics stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<p>The June 2026 quarter, the latest reported, gives a fresh read on momentum:<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Q1 FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Q1 FY27 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Year-on-Year Growth<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Coforge<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,723<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,554<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">49.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Latent View Analytics<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">259<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">308<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Zensar Technologies<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,442<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,566<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Digital_Services_and_Analytics_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Digital Services and Analytics Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these digital services and analytics stocks, the main points are: Long-term cloud engineering shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.<\/p>\n<ul>\n<li><strong>Client budgets.<\/strong> Spending in the United States and Europe can change with conditions.<\/li>\n<li><strong>Currency moves.<\/strong> Export revenue is sensitive to the rupee and dollar.<\/li>\n<li><strong>Talent costs.<\/strong> Wage inflation and attrition can affect margins.<\/li>\n<\/ul>\n<p>Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter digital services and analytics stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Digital_Services_and_Analytics_Stocks\"><\/span><strong>Final Thoughts on Digital Services and Analytics Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Digital services and analytics stocks reward investors who follow deal pipelines and client mix. Coforge, Latent View Analytics and Zensar Technologies each offer a different way to participate in global technology spending. Based on the 20 October 2026 close, Coforge trades at Rs 1,925, Latent View Analytics at Rs 239.73 and Zensar Technologies at Rs 513.15. Valuation matters as much as growth, so compare each company&#8217;s P\/E with its industry P\/E before adding any of these digital services and analytics stocks to a watchlist.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track digital services and analytics stocks, set price alerts and get research-backed stock ideas.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_digital_services_and_analytics_stocks\"><\/span><strong>What are digital services and analytics stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Digital services and analytics stocks are listed technology companies that offer cloud, engineering and data services to clients abroad. Their results depend on deal wins, client spending and the share of recurring revenue. This list looks at three of them, Coforge, Latent View Analytics and Zensar Technologies, using reported FY22 to FY26 financials and the 20 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_digital_services_and_analytics_stocks_are_covered_in_this_list\"><\/span><strong>Which digital services and analytics stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Coforge, Latent View Analytics and Zensar Technologies. Based on the 20 October 2026 close, Coforge traded at Rs 1,925, Latent View Analytics at Rs 239.73 and Zensar Technologies at Rs 513.15. Their return on equity ranges from 11.3% to 16.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 7.8% to 27.6%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_digital_services_and_analytics_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do digital services and analytics stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Digital services and analytics stocks have a strong roadmap in India because businesses worldwide are investing in cloud, data and artificial intelligence and are using Indian partners for scale. The main drivers are as follows. Data and AI spending. Companies are investing to use data in decisions. Cloud adoption. Systems and applications are moving to the cloud. Deal momentum. Large multi-year contracts give revenue visibility. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Coforge_performed_financially\"><\/span><strong>How has Coforge performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 6,484 crore in FY22 to Rs 16,476 crore in FY26, a compound annual growth rate of 26.3%. Net profit grew from Rs 715 crore in FY22 to Rs 1,674 crore in FY26, which works out to a compound annual growth rate of 23.7%. In the June 2026 quarter, revenue grew 49.2% year on year to Rs 5,554 crore, while net profit rose 49.2% to Rs 532 crore. The company has a return on equity of 16.3%, a debt to equity ratio of 0.08 and a market capitalisation of Rs 85,024 crore. The stock trades at a P\/E of 44.3, above the industry P\/E of 17.5. Looking ahead, the company focuses on large, long-running deals in sectors where it has deep domain strength. A rising share of cloud and data work and the acquisition of a leading digital services business have strengthened its pipeline.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Latent_View_Analytics_performed_financially\"><\/span><strong>How has Latent View Analytics performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 429 crore in FY22 to Rs 1,136 crore in FY26, a compound annual growth rate of 27.6%. Net profit grew from Rs 130 crore in FY22 to Rs 202 crore in FY26, which works out to a compound annual growth rate of 11.8%. In the June 2026 quarter, revenue grew 18.8% year on year to Rs 308 crore. The company has a return on equity of 11.3%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 4,968 crore. The stock trades at a P\/E of 25.0, above the industry P\/E of 17.5. Looking ahead, enterprises are investing in analytics and artificial intelligence, which feeds demand for data services. The company is widening its client list and scaling large accounts with a consulting and engineering model.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Zensar_Technologies_performed_financially\"><\/span><strong>How has Zensar Technologies performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 4,382 crore in FY22 to Rs 5,921 crore in FY26, a compound annual growth rate of 7.8%. Net profit grew from Rs 422 crore in FY22 to Rs 775 crore in FY26, which works out to a compound annual growth rate of 16.4%. In the June 2026 quarter, revenue grew 8.6% year on year to Rs 1,566 crore, while net profit rose 1.0% to Rs 184 crore. The company has a return on equity of 16.4%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 11,686 crore. The stock trades at a P\/E of 15.1, below the industry P\/E of 17.5. Looking ahead, strong deal wins in cloud and data work, a focus on fewer, larger clients and the use of artificial intelligence in delivery support its path. Cost discipline has allowed margins to improve over the years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_digital_services_and_analytics_stocks\"><\/span><strong>What risks should investors check before buying digital services and analytics stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying digital services and analytics stocks. Client budgets. Spending in the United States and Europe can change with conditions. Currency moves. Export revenue is sensitive to the rupee and dollar. Talent costs. Wage inflation and attrition can affect margins. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_digital_services_and_analytics_stocks_investment_advice\"><\/span><strong>Is this list of digital services and analytics stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 20 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are digital services and analytics stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Digital services and analytics stocks are listed technology companies that offer cloud, engineering and data services to clients abroad. Their results depend on deal wins, client spending and the share of recurring revenue. This list looks at three of them, Coforge, Latent View Analytics and Zensar Technologies, using reported FY22 to FY26 financials and the 20 October 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which digital services and analytics stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Coforge, Latent View Analytics and Zensar Technologies. 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Together these factors give the companies on this list a visible path for growth over the coming years.\"}},{\"@type\":\"Question\",\"name\":\"How has Coforge performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 6,484 crore in FY22 to Rs 16,476 crore in FY26, a compound annual growth rate of 26.3%. Net profit grew from Rs 715 crore in FY22 to Rs 1,674 crore in FY26, which works out to a compound annual growth rate of 23.7%. In the June 2026 quarter, revenue grew 49.2% year on year to Rs 5,554 crore, while net profit rose 49.2% to Rs 532 crore. The company has a return on equity of 16.3%, a debt to equity ratio of 0.08 and a market capitalisation of Rs 85,024 crore. The stock trades at a P\/E of 44.3, above the industry P\/E of 17.5. Looking ahead, the company focuses on large, long-running deals in sectors where it has deep domain strength. A rising share of cloud and data work and the acquisition of a leading digital services business have strengthened its pipeline.\"}},{\"@type\":\"Question\",\"name\":\"How has Latent View Analytics performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 429 crore in FY22 to Rs 1,136 crore in FY26, a compound annual growth rate of 27.6%. Net profit grew from Rs 130 crore in FY22 to Rs 202 crore in FY26, which works out to a compound annual growth rate of 11.8%. In the June 2026 quarter, revenue grew 18.8% year on year to Rs 308 crore. The company has a return on equity of 11.3%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 4,968 crore. The stock trades at a P\/E of 25.0, above the industry P\/E of 17.5. Looking ahead, enterprises are investing in analytics and artificial intelligence, which feeds demand for data services. 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Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Digital Services and Analytics Stocks with a strong future roadmap: Coforge, Latent View Analytics and Zensar Technologies. Compare price, valuation, return on equity and revenue growth as of 20 October 2026.<\/p>\n","protected":false},"author":29,"featured_media":321138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[3803,14097,804,7886,14096,9543,6974],"class_list":["post-321139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-best-stocks","tag-cloud-engineering-shares","tag-coforge","tag-data-analytics-stocks","tag-digital-services-and-analytics-stocks","tag-latent-view-analytics","tag-zensar-technologies"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["321138"],"rank_math_title":["Digital Services and Analytics Stocks With a Roadmap"],"rank_math_description":["Compare 3 digital services and analytics stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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