{"id":326266,"date":"2026-10-26T11:27:53","date_gmt":"2026-10-26T05:57:53","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=326266"},"modified":"2026-10-26T11:27:53","modified_gmt":"2026-10-26T05:57:53","slug":"digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/","title":{"rendered":"3 Digital Engineering Leader, Banking Software Products and Data Analytics Specialist Stocks With a Strong Future Roadmap: Persistent Systems, Intellect Design Arena and Latent View Analytics"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Persistent Systems, Intellect Design Arena and Latent View Analytics: ROE of 10.9% to 21.0% and FY22 to FY26 revenue CAGR of 13.3% to 27.6%. Prices as of 23 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 product and analytics stocks to watch are Persistent Systems, Intellect Design Arena and Latent View Analytics. Their return on equity ranges from 10.9% to 21.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 13.3% to 27.6%. Persistent Systems has the highest return on equity at 21.0%, while Latent View Analytics has the fastest revenue growth at 27.6% a year. Prices are based on the 23 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Digital product and analytics stocks let investors follow companies that serve a growing part of the Indian economy. Persistent Systems, Intellect Design Arena and Latent View Analytics cover a digital engineering leader, a banking software products company and a data analytics specialist.<\/p>\n<p>This list covers three digital product and analytics stocks with complete current figures: Persistent Systems, Intellect Design Arena and Latent View Analytics. Every figure comes from the latest reported financials and the 23 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=digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#What_Are_Digital_Product_and_Analytics_Stocks\" title=\"What Are Digital Product and Analytics Stocks?\">What Are Digital Product 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#Digital_Product_and_Analytics_Stocks_at_a_Glance\" title=\"Digital Product and Analytics Stocks at a Glance\">Digital Product 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#Why_Do_Digital_Product_and_Analytics_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Digital Product and Analytics Stocks Have a Strong Roadmap in India?\">Why Do Digital Product 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#Why_Persistent_Systems_Features_Among_These_Digital_Product_and_Analytics_Stocks\" title=\"Why Persistent Systems Features Among These Digital Product and Analytics Stocks\">Why Persistent Systems Features Among These Digital Product 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#Why_Intellect_Design_Arena_Features_Among_These_Digital_Product_and_Analytics_Stocks\" title=\"Why Intellect Design Arena Features Among These Digital Product and Analytics Stocks\">Why Intellect Design Arena Features Among These Digital Product 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#Why_Latent_View_Analytics_Features_Among_These_Digital_Product_and_Analytics_Stocks\" title=\"Why Latent View Analytics Features Among These Digital Product and Analytics Stocks\">Why Latent View Analytics Features Among These Digital Product 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#Persistent_Systems_vs_Intellect_Design_Arena_vs_Latent_View_Analytics_on_Key_Financials\" title=\"Persistent Systems vs Intellect Design Arena vs Latent View Analytics on Key Financials\">Persistent Systems vs Intellect Design Arena vs Latent View Analytics 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#Key_Risks_to_Check_Before_Investing_in_Digital_Product_and_Analytics_Stocks\" title=\"Key Risks to Check Before Investing in Digital Product and Analytics Stocks\">Key Risks to Check Before Investing in Digital Product 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#Final_Thoughts_on_Digital_Product_and_Analytics_Stocks\" title=\"Final Thoughts on Digital Product and Analytics Stocks\">Final Thoughts on Digital Product 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#What_are_digital_product_and_analytics_stocks\" title=\"What are digital product and analytics stocks?\">What are digital product 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#Which_digital_product_and_analytics_stocks_are_covered_in_this_list\" title=\"Which digital product and analytics stocks are covered in this list?\">Which digital product 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#Why_do_digital_product_and_analytics_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do digital product and analytics stocks have a strong future roadmap in India?\">Why do digital product 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#How_has_Persistent_Systems_performed_financially\" title=\"How has Persistent Systems performed financially?\">How has Persistent Systems 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#How_has_Intellect_Design_Arena_performed_financially\" title=\"How has Intellect Design Arena performed financially?\">How has Intellect Design Arena 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-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-16\" href=\"https:\/\/univest.in\/blogs-2\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#What_risks_should_investors_check_before_buying_digital_product_and_analytics_stocks\" title=\"What risks should investors check before buying digital product and analytics stocks?\">What risks should investors check before buying digital product 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\/digital-engineering-leader-banking-software-products-and-data-analytics-specialist-stocks-roadmap-lodestar-list\/#Is_this_list_of_digital_product_and_analytics_stocks_investment_advice\" title=\"Is this list of digital product and analytics stocks investment advice?\">Is this list of digital product and analytics stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Digital_Product_and_Analytics_Stocks\"><\/span><strong>What Are Digital Product and Analytics Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Digital product and analytics stocks are listed technology companies that build software products, banking platforms and data analytics solutions. Their earnings depend on client spending, licences and the growth of data projects.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Digital_Product_and_Analytics_Stocks_at_a_Glance\"><\/span><strong>Digital Product 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\/persistent\/persistent-systems-ltd-share-price-today\">Persistent Systems<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,727.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">90,857<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">50.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">21.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.07<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/intellect\/intellect-design-arena-ltd-share-price-today\">Intellect Design Arena<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">582.55<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8,952<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">25.5<\/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;\">10.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.05<\/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;\">221.86<\/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<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, all three trade at a P\/E above their industry P\/E, which reflects the growth the market already expects from them. Readers comparing digital product 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_Product_and_Analytics_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Digital Product and Analytics Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Digital product and analytics stocks have a strong roadmap in India because enterprises and banks keep investing in data, cloud and artificial intelligence, which lifts demand for specialist technology partners.<\/p>\n<ul>\n<li><strong>Data and analytics.<\/strong> Clients invest to turn data into decisions.<\/li>\n<li><strong>Banking platforms.<\/strong> Banks modernise core systems.<\/li>\n<li><strong>Product engineering.<\/strong> Companies outsource software design.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Persistent_Systems_Features_Among_These_Digital_Product_and_Analytics_Stocks\"><\/span><strong>Why Persistent Systems Features Among These Digital Product and Analytics Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the digital product and analytics stocks on this list, Persistent Systems is a Pune-based technology services and digital engineering company that builds software products and platforms for clients in banking, healthcare, software and hi-tech industries worldwide.<\/p>\n<p>The company has a return on equity of 21.0%, a debt to equity ratio of 0.07 and a market capitalisation of Rs 90,857 crore. The stock trades at a P\/E of 50.4, above the industry P\/E of 17.9.<\/p>\n<p>Revenue rose from Rs 5,855 crore in FY22 to Rs 14,929 crore in FY26, a compound annual growth rate of 26.4%. Net profit grew from Rs 690 crore in FY22 to Rs 1,865 crore in FY26, which works out to a compound annual growth rate of 28.2%.<\/p>\n<p><strong>Roadmap:<\/strong> The company is deepening its work in cloud, data and artificial intelligence, where enterprises are raising spending. A strong base of long-term clients helps it win larger engineering programmes.<\/p>\n<p><strong>What to watch:<\/strong> Track large deal wins, client additions and the share of artificial intelligence work in revenue.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Intellect_Design_Arena_Features_Among_These_Digital_Product_and_Analytics_Stocks\"><\/span><strong>Why Intellect Design Arena Features Among These Digital Product and Analytics Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the software platform business shares on this list, Intellect Design Arena is a Chennai-based financial technology company that sells software products for banking, insurance and capital markets, including transaction banking, consumer banking and risk platforms.<\/p>\n<p>Revenue rose from Rs 1,919 crore in FY22 to Rs 3,161 crore in FY26, a compound annual growth rate of 13.3%. Net profit grew from Rs 269 crore in FY23 to Rs 343 crore in FY26, which works out to a compound annual growth rate of 8.5%.<\/p>\n<p>In the June 2026 quarter, revenue grew 18.9% year on year to Rs 873 crore, while net profit rose 8.7% to Rs 102 crore. The company has a return on equity of 10.9%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 8,952 crore. The stock trades at a P\/E of 25.5, above the industry P\/E of 17.5.<\/p>\n<p><strong>Roadmap:<\/strong> Banks and insurers are replacing older systems with cloud-ready platforms, and the company earns licence, subscription and implementation revenue from these programmes. Its product-led model supports recurring income from long-term client relationships.<\/p>\n<p><strong>What to watch:<\/strong> Follow new contract wins and the share of recurring revenue.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Latent_View_Analytics_Features_Among_These_Digital_Product_and_Analytics_Stocks\"><\/span><strong>Why Latent View Analytics Features Among These Digital Product and Analytics Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies 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>In the June 2026 quarter, revenue grew 18.8% year on year to Rs 308 crore. Revenue rose from Rs 429 crore in FY22 to Rs 1,136 crore in FY26, a compound annual growth rate of 27.6%.<\/p>\n<p>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%. 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><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=\"Persistent_Systems_vs_Intellect_Design_Arena_vs_Latent_View_Analytics_on_Key_Financials\"><\/span><strong>Persistent Systems vs Intellect Design Arena vs Latent View Analytics on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three digital product 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;\">Persistent Systems<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,855<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14,929<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">26.4%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,865<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Intellect Design Arena<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,919<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,161<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.3%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">343<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.9%<\/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<\/tbody>\n<\/table>\n<\/div>\n<p>Persistent Systems posts the highest return on equity in this group at 21.0%. Persistent Systems has the largest FY26 revenue at Rs 14,929 crore, and Latent View Analytics shows the fastest revenue growth with a 27.6% compound annual rate. A useful habit with digital product and analytics stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Digital_Product_and_Analytics_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Digital Product 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 product and analytics stocks, the main points are:<\/p>\n<ul>\n<li><strong>Client spending.<\/strong> Technology budgets can shift with the global economy.<\/li>\n<li><strong>Deal timing.<\/strong> Large contracts can shift between quarters.<\/li>\n<li><strong>Valuation levels.<\/strong> Some of these companies trade at high earnings multiples, so growth must continue to justify them.<\/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 product 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_Product_and_Analytics_Stocks\"><\/span><strong>Final Thoughts on Digital Product and Analytics Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Digital product and analytics stocks reward investors who follow demand trends, order books and margins together. Persistent Systems, Intellect Design Arena and Latent View Analytics each serve a growing technology need. Based on the 23 October 2026 close, Persistent Systems trades at Rs 5,727.5, Intellect Design Arena at Rs 582.55 and Latent View Analytics at Rs 221.86.<\/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 product 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_product_and_analytics_stocks\"><\/span><strong>What are digital product and analytics stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Digital product and analytics stocks are listed technology companies that build software products, banking platforms and data analytics solutions. Their earnings depend on client spending, licences and the growth of data projects. This list looks at three of them, Persistent Systems, Intellect Design Arena and Latent View Analytics, using reported FY22 to FY26 financials and the 23 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_digital_product_and_analytics_stocks_are_covered_in_this_list\"><\/span><strong>Which digital product 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 Persistent Systems, Intellect Design Arena and Latent View Analytics. Based on the 23 October 2026 close, Persistent Systems traded at Rs 5,727.5, Intellect Design Arena at Rs 582.55 and Latent View Analytics at Rs 221.86. Their return on equity ranges from 10.9% to 21.0%, and their revenue compound annual growth from FY22 to FY26 ranges from 13.3% to 27.6%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_digital_product_and_analytics_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do digital product 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 product and analytics stocks have a strong roadmap in India because enterprises and banks keep investing in data, cloud and artificial intelligence, which lifts demand for specialist technology partners. The main drivers are as follows. Data and analytics. Clients invest to turn data into decisions. Banking platforms. Banks modernise core systems. Product engineering. Companies outsource software design. 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_Persistent_Systems_performed_financially\"><\/span><strong>How has Persistent Systems performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 5,855 crore in FY22 to Rs 14,929 crore in FY26, a compound annual growth rate of 26.4%. Net profit grew from Rs 690 crore in FY22 to Rs 1,865 crore in FY26, which works out to a compound annual growth rate of 28.2%. The company has a return on equity of 21.0%, a debt to equity ratio of 0.07 and a market capitalisation of Rs 90,857 crore. The stock trades at a P\/E of 50.4, above the industry P\/E of 17.9. Looking ahead, the company is deepening its work in cloud, data and artificial intelligence, where enterprises are raising spending. A strong base of long-term clients helps it win larger engineering programmes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Intellect_Design_Arena_performed_financially\"><\/span><strong>How has Intellect Design Arena performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 1,919 crore in FY22 to Rs 3,161 crore in FY26, a compound annual growth rate of 13.3%. Net profit grew from Rs 269 crore in FY23 to Rs 343 crore in FY26, which works out to a compound annual growth rate of 8.5%. In the June 2026 quarter, revenue grew 18.9% year on year to Rs 873 crore, while net profit rose 8.7% to Rs 102 crore. The company has a return on equity of 10.9%, a debt to equity ratio of 0.05 and a market capitalisation of Rs 8,952 crore. The stock trades at a P\/E of 25.5, above the industry P\/E of 17.5. Looking ahead, banks and insurers are replacing older systems with cloud-ready platforms, and the company earns licence, subscription and implementation revenue from these programmes. Its product-led model supports recurring income from long-term client relationships.<\/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=\"What_risks_should_investors_check_before_buying_digital_product_and_analytics_stocks\"><\/span><strong>What risks should investors check before buying digital product 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 product and analytics stocks. Client spending. Technology budgets can shift with the global economy. Deal timing. Large contracts can shift between quarters. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. 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_product_and_analytics_stocks_investment_advice\"><\/span><strong>Is this list of digital product 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 23 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 product and analytics stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Digital product and analytics stocks are listed technology companies that build software products, banking platforms and data analytics solutions. Their earnings depend on client spending, licences and the growth of data projects. 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The company is widening its client list and scaling large accounts with a consulting and engineering model.\"}},{\"@type\":\"Question\",\"name\":\"What risks should investors check before buying digital product and analytics stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors should check a few risks before buying digital product and analytics stocks. Client spending. Technology budgets can shift with the global economy. Deal timing. Large contracts can shift between quarters. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. 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Compare price, valuation, return on equity and revenue growth as of 23 October 2026.<\/p>\n","protected":false},"author":28,"featured_media":326264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[3803,15799,15797,14153,9543,1223,15798],"class_list":["post-326266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-best-stocks","tag-data-and-banking-technology-stocks","tag-digital-product-and-analytics-stocks","tag-intellect-design-arena","tag-latent-view-analytics","tag-persistent-systems","tag-software-platform-business-shares"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["326264"],"rank_math_title":["Digital Product and Analytics Stocks"],"rank_math_description":["Compare 3 digital product and analytics stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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