{"id":328296,"date":"2026-10-27T12:32:13","date_gmt":"2026-10-27T07:02:13","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=328296"},"modified":"2026-10-27T12:32:13","modified_gmt":"2026-10-27T07:02:13","slug":"data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/","title":{"rendered":"3 Data Analytics Services Firm, Applications and Cloud Services Provider and Telecom and Enterprise Services Company Stocks With a Strong Future Roadmap: Latent View Analytics, Mphasis and Tech Mahindra"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Latent View Analytics, Mphasis and Tech Mahindra: ROE of 11.3% to 18.6% and FY22 to FY26 revenue CAGR of 5.6% to 27.6%. Prices as of 26 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 data analytics, cloud and telecom IT stocks to watch are Latent View Analytics, Mphasis and Tech Mahindra. Their return on equity ranges from 11.3% to 18.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.6% to 27.6%. Tech Mahindra has the highest return on equity at 18.6%, while Latent View Analytics has the fastest revenue growth at 27.6% a year. Prices are based on the 26 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Data analytics, cloud and telecom IT stocks give investors a way to track businesses that sit close to everyday demand in India. Latent View Analytics, Mphasis and Tech Mahindra cover a data analytics services firm, an applications and cloud services provider and a telecom and enterprise services company.<\/p>\n<p>This list covers three data analytics, cloud and telecom IT stocks with complete current figures: Latent View Analytics, Mphasis and Tech Mahindra. Every figure comes from the latest reported financials and the 26 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=data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#What_Are_Data_Analytics_Cloud_and_Telecom_IT_Stocks\" title=\"What Are Data Analytics, Cloud and Telecom IT Stocks?\">What Are Data Analytics, Cloud and Telecom IT 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#Data_Analytics_Cloud_and_Telecom_IT_Stocks_at_a_Glance\" title=\"Data Analytics, Cloud and Telecom IT Stocks at a Glance\">Data Analytics, Cloud and Telecom IT 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#Why_Do_Data_Analytics_Cloud_and_Telecom_IT_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Data Analytics, Cloud and Telecom IT Stocks Have a Strong Roadmap in India?\">Why Do Data Analytics, Cloud and Telecom IT 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#Why_Latent_View_Analytics_Features_Among_These_Data_Analytics_Cloud_and_Telecom_IT_Stocks\" title=\"Why Latent View Analytics Features Among These Data Analytics, Cloud and Telecom IT Stocks\">Why Latent View Analytics Features Among These Data Analytics, Cloud and Telecom IT 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#Why_Mphasis_Features_Among_These_Data_Analytics_Cloud_and_Telecom_IT_Stocks\" title=\"Why Mphasis Features Among These Data Analytics, Cloud and Telecom IT Stocks\">Why Mphasis Features Among These Data Analytics, Cloud and Telecom IT 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#Why_Tech_Mahindra_Features_Among_These_Data_Analytics_Cloud_and_Telecom_IT_Stocks\" title=\"Why Tech Mahindra Features Among These Data Analytics, Cloud and Telecom IT Stocks\">Why Tech Mahindra Features Among These Data Analytics, Cloud and Telecom IT 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#Latent_View_Analytics_vs_Mphasis_vs_Tech_Mahindra_on_Key_Financials\" title=\"Latent View Analytics vs Mphasis vs Tech Mahindra on Key Financials\">Latent View Analytics vs Mphasis vs Tech Mahindra 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#Key_Risks_to_Check_Before_Investing_in_Data_Analytics_Cloud_and_Telecom_IT_Stocks\" title=\"Key Risks to Check Before Investing in Data Analytics, Cloud and Telecom IT Stocks\">Key Risks to Check Before Investing in Data Analytics, Cloud and Telecom IT 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#Final_Thoughts_on_Data_Analytics_Cloud_and_Telecom_IT_Stocks\" title=\"Final Thoughts on Data Analytics, Cloud and Telecom IT Stocks\">Final Thoughts on Data Analytics, Cloud and Telecom IT 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#What_are_data_analytics_cloud_and_telecom_IT_stocks\" title=\"What are data analytics, cloud and telecom IT stocks?\">What are data analytics, cloud and telecom IT 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#Which_data_analytics_cloud_and_telecom_IT_stocks_are_covered_in_this_list\" title=\"Which data analytics, cloud and telecom IT stocks are covered in this list?\">Which data analytics, cloud and telecom IT 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#Why_do_data_analytics_cloud_and_telecom_IT_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do data analytics, cloud and telecom IT stocks have a strong future roadmap in India?\">Why do data analytics, cloud and telecom IT 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-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-14\" href=\"https:\/\/univest.in\/blogs-2\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#How_has_Mphasis_performed_financially\" title=\"How has Mphasis performed financially?\">How has Mphasis 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#How_has_Tech_Mahindra_performed_financially\" title=\"How has Tech Mahindra performed financially?\">How has Tech Mahindra 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#What_risks_should_investors_check_before_buying_data_analytics_cloud_and_telecom_IT_stocks\" title=\"What risks should investors check before buying data analytics, cloud and telecom IT stocks?\">What risks should investors check before buying data analytics, cloud and telecom IT 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\/data-analytics-services-firm-applications-and-cloud-services-provider-and-telecom-and-enterprise-services-company-stocks-roadmap-paragon-list\/#Is_this_list_of_data_analytics_cloud_and_telecom_IT_stocks_investment_advice\" title=\"Is this list of data analytics, cloud and telecom IT stocks investment advice?\">Is this list of data analytics, cloud and telecom IT stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Data_Analytics_Cloud_and_Telecom_IT_Stocks\"><\/span><strong>What Are Data Analytics, Cloud and Telecom IT Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Data analytics, cloud and telecom IT stocks are listed technology services companies that provide analytics, cloud applications and network services to global enterprises. Their earnings depend on client budgets, deal wins, utilisation and currency.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Data_Analytics_Cloud_and_Telecom_IT_Stocks_at_a_Glance\"><\/span><strong>Data Analytics, Cloud and Telecom IT 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\/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;\">225.3<\/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\/mphasis\/mphasis-ltd-share-price-today\">Mphasis<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,557.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">47,695<\/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;\">17.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.24<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/techm\/tech-mahindra-ltd-share-price-today\">Tech Mahindra<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,795<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">175,398<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">31.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.07<\/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 data analytics, cloud and telecom IT 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_Data_Analytics_Cloud_and_Telecom_IT_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Data Analytics, Cloud and Telecom IT Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Data analytics, cloud and telecom IT stocks have a strong roadmap in India because digital spending, cloud migration and data work keep widening the market for Indian technology firms.<\/p>\n<ul>\n<li><strong>Data work.<\/strong> Firms invest in analytics and artificial intelligence.<\/li>\n<li><strong>Cloud projects.<\/strong> Enterprises move platforms to the cloud.<\/li>\n<li><strong>Network services.<\/strong> Telecom clients outsource operations.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Latent_View_Analytics_Features_Among_These_Data_Analytics_Cloud_and_Telecom_IT_Stocks\"><\/span><strong>Why Latent View Analytics Features Among These Data Analytics, Cloud and Telecom IT Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the data analytics, cloud and telecom IT stocks 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>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%.<\/p>\n<p>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.<\/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_Mphasis_Features_Among_These_Data_Analytics_Cloud_and_Telecom_IT_Stocks\"><\/span><strong>Why Mphasis Features Among These Data Analytics, Cloud and Telecom IT Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the AI analytics and IT services shares on this list, Mphasis is a Bengaluru-based IT services company that provides applications, cloud, data and consulting services to clients in banking, insurance and technology, especially in the United States.<\/p>\n<p>In the June 2026 quarter, revenue grew 17.1% year on year to Rs 4,467 crore, while net profit rose 10.8% to Rs 490 crore. Revenue rose from Rs 12,122 crore in FY22 to Rs 16,206 crore in FY26, a compound annual growth rate of 7.5%.<\/p>\n<p>Net profit grew from Rs 1,431 crore in FY22 to Rs 1,863 crore in FY26, which works out to a compound annual growth rate of 6.8%. The company has a return on equity of 17.3%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 47,695 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> The company has stressed an AI-led approach and strengthened its sales relationships with large clients. A broad client base in financial services provides recurring revenue, and its investments in cloud and data skills support growth.<\/p>\n<p><strong>What to watch:<\/strong> Monitor deal wins and client spending trends in banking and financial services.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Tech_Mahindra_Features_Among_These_Data_Analytics_Cloud_and_Telecom_IT_Stocks\"><\/span><strong>Why Tech Mahindra Features Among These Data Analytics, Cloud and Telecom IT Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Tech Mahindra is a Mahindra Group technology services company that provides digital, network and enterprise services to clients in telecom, manufacturing, banking and other industries worldwide.<\/p>\n<p>The company has a return on equity of 18.6%, a debt to equity ratio of 0.07 and a market capitalisation of Rs 175,398 crore. The stock trades at a P\/E of 31.5, above the industry P\/E of 17.6.<\/p>\n<p>Revenue rose from Rs 45,758 crore in FY22 to Rs 56,847 crore in FY26, a compound annual growth rate of 5.6%. Net profit grew from Rs 2,397 crore in FY24 to Rs 4,806 crore in FY26, which works out to a compound annual growth rate of 41.6%.<\/p>\n<p><strong>Roadmap:<\/strong> The company is investing in artificial intelligence, cloud and 5G related services and deepening ties with large clients. Large deal wins in telecom and enterprise work support its pipeline.<\/p>\n<p><strong>What to watch:<\/strong> Track large deal wins, margin improvement and demand from telecom and enterprise clients.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Latent_View_Analytics_vs_Mphasis_vs_Tech_Mahindra_on_Key_Financials\"><\/span><strong>Latent View Analytics vs Mphasis vs Tech Mahindra on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three data analytics, cloud and telecom IT 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;\">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;\">Mphasis<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12,122<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16,206<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.5%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,863<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Tech Mahindra<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">45,758<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">56,847<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5.6%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,806<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Tech Mahindra posts the highest return on equity in this group at 18.6%. Tech Mahindra has the largest FY26 revenue at Rs 56,847 crore, and Latent View Analytics shows the fastest revenue growth with a 27.6% compound annual rate. A useful habit with data analytics, cloud and telecom IT 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_Data_Analytics_Cloud_and_Telecom_IT_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Data Analytics, Cloud and Telecom IT 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 data analytics, cloud and telecom IT stocks, the main points are:<\/p>\n<ul>\n<li><strong>Deal timing.<\/strong> Large contracts can shift between periods.<\/li>\n<li><strong>Client budgets.<\/strong> Spending can vary with global conditions.<\/li>\n<li><strong>Currency moves.<\/strong> Export earnings move with the rupee.<\/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 data analytics, cloud and telecom IT 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_Data_Analytics_Cloud_and_Telecom_IT_Stocks\"><\/span><strong>Final Thoughts on Data Analytics, Cloud and Telecom IT Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Data analytics, cloud and telecom IT stocks work best when investors track growth, valuation and return on equity side by side. Latent View Analytics, Mphasis and Tech Mahindra each have a clear plan to grow. Based on the 26 October 2026 close, Latent View Analytics trades at Rs 225.3, Mphasis at Rs 2,557.6 and Tech Mahindra at Rs 1,795.<\/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 data analytics, cloud and telecom IT 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_data_analytics_cloud_and_telecom_IT_stocks\"><\/span><strong>What are data analytics, cloud and telecom IT stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Data analytics, cloud and telecom IT stocks are listed technology services companies that provide analytics, cloud applications and network services to global enterprises. Their earnings depend on client budgets, deal wins, utilisation and currency. This list looks at three of them, Latent View Analytics, Mphasis and Tech Mahindra, using reported FY22 to FY26 financials and the 26 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_data_analytics_cloud_and_telecom_IT_stocks_are_covered_in_this_list\"><\/span><strong>Which data analytics, cloud and telecom IT stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Latent View Analytics, Mphasis and Tech Mahindra. Based on the 26 October 2026 close, Latent View Analytics traded at Rs 225.3, Mphasis at Rs 2,557.6 and Tech Mahindra at Rs 1,795. Their return on equity ranges from 11.3% to 18.6%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.6% to 27.6%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_data_analytics_cloud_and_telecom_IT_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do data analytics, cloud and telecom IT stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Data analytics, cloud and telecom IT stocks have a strong roadmap in India because digital spending, cloud migration and data work keep widening the market for Indian technology firms. The main drivers are as follows. Data work. Firms invest in analytics and artificial intelligence. Cloud projects. Enterprises move platforms to the cloud. Network services. Telecom clients outsource operations. 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_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_Mphasis_performed_financially\"><\/span><strong>How has Mphasis performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 12,122 crore in FY22 to Rs 16,206 crore in FY26, a compound annual growth rate of 7.5%. Net profit grew from Rs 1,431 crore in FY22 to Rs 1,863 crore in FY26, which works out to a compound annual growth rate of 6.8%. In the June 2026 quarter, revenue grew 17.1% year on year to Rs 4,467 crore, while net profit rose 10.8% to Rs 490 crore. The company has a return on equity of 17.3%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 47,695 crore. The stock trades at a P\/E of 25.0, above the industry P\/E of 17.5. Looking ahead, the company has stressed an AI-led approach and strengthened its sales relationships with large clients. A broad client base in financial services provides recurring revenue, and its investments in cloud and data skills support growth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Tech_Mahindra_performed_financially\"><\/span><strong>How has Tech Mahindra performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 45,758 crore in FY22 to Rs 56,847 crore in FY26, a compound annual growth rate of 5.6%. Net profit grew from Rs 2,397 crore in FY24 to Rs 4,806 crore in FY26, which works out to a compound annual growth rate of 41.6%. The company has a return on equity of 18.6%, a debt to equity ratio of 0.07 and a market capitalisation of Rs 175,398 crore. The stock trades at a P\/E of 31.5, above the industry P\/E of 17.6. Looking ahead, the company is investing in artificial intelligence, cloud and 5G related services and deepening ties with large clients. Large deal wins in telecom and enterprise work support its pipeline.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_data_analytics_cloud_and_telecom_IT_stocks\"><\/span><strong>What risks should investors check before buying data analytics, cloud and telecom IT stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying data analytics, cloud and telecom IT stocks. Deal timing. Large contracts can shift between periods. Client budgets. Spending can vary with global conditions. Currency moves. Export earnings move with the rupee. 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_data_analytics_cloud_and_telecom_IT_stocks_investment_advice\"><\/span><strong>Is this list of data analytics, cloud and telecom IT 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 26 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 data analytics, cloud and telecom IT stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Data analytics, cloud and telecom IT stocks are listed technology services companies that provide analytics, cloud applications and network services to global enterprises. Their earnings depend on client budgets, deal wins, utilisation and currency. This list looks at three of them, Latent View Analytics, Mphasis and Tech Mahindra, using reported FY22 to FY26 financials and the 26 October 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which data analytics, cloud and telecom IT stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Latent View Analytics, Mphasis and Tech Mahindra. 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The company is widening its client list and scaling large accounts with a consulting and engineering model.\"}},{\"@type\":\"Question\",\"name\":\"How has Mphasis performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 12,122 crore in FY22 to Rs 16,206 crore in FY26, a compound annual growth rate of 7.5%. Net profit grew from Rs 1,431 crore in FY22 to Rs 1,863 crore in FY26, which works out to a compound annual growth rate of 6.8%. In the June 2026 quarter, revenue grew 17.1% year on year to Rs 4,467 crore, while net profit rose 10.8% to Rs 490 crore. The company has a return on equity of 17.3%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 47,695 crore. The stock trades at a P\/E of 25.0, above the industry P\/E of 17.5. Looking ahead, the company has stressed an AI-led approach and strengthened its sales relationships with large clients. 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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>Data Analytics, Cloud and Telecom IT Stocks with a strong future roadmap: Latent View Analytics, Mphasis and Tech Mahindra. 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