Persistent Systems

Persistent Systems

5,150.50
-23.50
(-0.45%)
Market Cap
80,921.40 Cr
EPS
91.22
PE Ratio
53.26
Dividend Yield
0.67 %
52 Week High
6,788.90
52 Week Low
4,148.95
PB Ratio
12.80
Debt to Equity
0.07
Add Ratio
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Investment Returns

In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from33 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+48.48 %
+48.48 %
Hold
Hold+18.18 %
+18.18 %
Sell
Sell+33.33 %
+33.33 %

Company News

View All News
Caret
neutral
Persistent Systems Conducts Non-Deal Roadshow with Multiple Institutional Investors8 hours ago
Persistent Systems Limited conducted a Non-Deal Roadshow on July 25, 2025, meeting with various mutual funds and insurance companies including Nippon India Mutual Fund, DSP Mutual Fund, SBI Mutual Fund, HDFC Life Insurance, ICICI Prudential Life Insurance, and others through both one-on-one and group sessions throughout the day. The company reiterated information from their earnings call held on July 23, 2025, for the quarter ended June 30, 2025, with no additional information shared during these investor interactions.
neutral
Persistent Systems CEO Sandeep Kalra expects US market demand recovery and tariff uncertainties to settle within the next three quarters, citing upcoming US elections as a stabilizing factor. The company reported $389.7 million revenue in Q1FY26, showing 3.9% quarter-on-quarter and 18.8% year-on-year growth, marking its 21st consecutive quarter of growth. EBIT margin improved to 15.5%, up 150 basis points year-on-year. The company secured $520 million in total contract value with $337 million in new bookings. BFSI vertical performed strongly, particularly in North America, while Europe contributed 8.5-9% of revenues with 37.5% year-on-year growth. Healthcare segment declined 2% due to US funding cuts to university research and Medicare/Medicaid pressures, though the CEO expects recovery soon. Domestic market contributed 18.3% to revenues. Shares closed 7.68% lower at Rs 5,175.
negative
Shares of midcap IT service providers Persistent Systems and Coforge fell significantly on Thursday, with Persistent Systems down 8.8% and Coforge down 7.7%, marking their biggest single-day declines since early April. The drops followed quarterly results reported after market hours on Wednesday. Persistent Systems reported 3.3% constant currency revenue growth, below the expected 3.8%, and deferred wage hikes by one quarter while deal wins remained flat at $520 million. Coforge delivered 8% constant currency growth, exceeding expectations of 6.5-7.5%, but reported EBIT margins of 13.2% with no sequential expansion as analysts had anticipated. Adjusting for one-offs, Coforge's EBIT margin was 12.7%, showing contraction from the previous quarter. Analyst coverage remains mixed, with Bernstein maintaining an 'outperform' rating on Persistent Systems despite expecting near-term correction due to premium valuations, while Nomura retained a 'neutral' rating and cut earnings estimates for financial years 2026 and 2027 by 3%.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
3,135.80
#1 11,38,974.00
23.13
#1 2,59,286.00
5.70
#1 48,797
5.90
25.44
1,515.70
6,44,950.80
23.67
1,66,590.00
5.18
26,750
8.63
30.64
1,490.10
4,09,003.60
24.09
1,17,055.00
8.36
18,100
-9.74
22.07
259.20
2,74,475.20
#1 20.40
92,911.80
0.79
13,218
9.88
46.73
5,096.00
1,54,279.60
32.68
38,997.80
7.67
4,602
10.53
40.80
1,461.90
1,46,734.60
32.31
53,843.70
1.76
4,253
30.53
21.37
5,150.50
#7 80,921.40
#9 53.26
#8 12,076.90
#1 21.38
#8 1,400
#2 38.67
28.46
1,688.80
56,049.80
58.34
12,050.70
14.41
865
#1 155.85
29.06
2,625.00
50,482.90
30.10
14,485.00
7.33
1,702
9.20
34.25
739.35
50,321.70
41.13
12,049.30
15.83
1,174
38.27
25.41
Forecast
Actual
Growth Rate
Revenue Growth
21.38 %
Net Income Growth
28.05 %
Cash Flow Change
-11.15 %
ROE
0.45 %
ROCE
-0.45 %
EBITDA Margin (Avg.)
0.33 %

Quarterly Financial Results

Quarterly Financials
Mar 2015
Jun 2015
Sept 2015
Dec 2015
Mar 2016
Jun 2016
Sept 2016
Dec 2016
Mar 2017
Jun 2017
Sept 2017
Dec 2017
Mar 2018
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
516
517
570
608
696
727
728
777
741
765
795
811
785
853
859
887
860
862
923
958
956
1,013
1,024
1,105
1,153
1,269
1,384
1,522
1,680
1,899
2,057
2,202
2,263
2,343
2,449
2,537
2,621
2,768
2,944
3,105
3,261
3,388
Expenses
397
414
440
491
575
596
593
627
608
624
646
654
644
694
692
718
711
712
763
799
800
846
841
893
925
1,028
1,127
1,241
1,357
1,545
1,681
1,798
1,838
1,947
2,007
2,056
2,136
2,282
2,416
2,524
2,658
2,722
EBITDA
119
102
130
116
121
131
135
151
133
141
149
157
141
159
167
169
149
150
160
158
156
167
183
213
228
240
257
282
323
354
376
405
425
396
442
480
485
486
527
581
603
666
Operating Profit %
20 %
17 %
19 %
17 %
15 %
15 %
16 %
16 %
16 %
14 %
15 %
17 %
14 %
17 %
17 %
17 %
15 %
14 %
14 %
13 %
14 %
15 %
17 %
17 %
17 %
16 %
17 %
17 %
17 %
18 %
18 %
17 %
18 %
16 %
17 %
18 %
18 %
17 %
17 %
18 %
18 %
18 %
Depreciation
23
23
24
26
27
34
37
39
39
39
38
39
42
40
40
40
38
39
43
43
42
44
44
46
42
35
37
43
51
65
69
68
70
76
74
79
80
71
75
82
79
94
Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
2
2
1
1
1
1
2
2
2
3
5
8
11
14
15
13
12
12
10
14
18
16
19
17
Profit Before Tax
96
80
105
91
94
97
98
112
94
102
112
118
98
119
127
130
111
110
116
114
113
122
138
165
185
203
218
236
267
282
296
323
341
307
356
389
396
401
435
482
505
555
Tax
20
23
27
21
21
24
25
30
21
27
29
26
25
31
39
38
27
27
30
26
29
32
36
44
47
52
56
60
66
70
76
85
89
78
93
103
80
94
110
109
109
131
Net Profit
76
56
79
70
73
73
74
82
73
75
83
92
74
87
88
92
85
83
86
88
84
90
102
121
138
151
162
176
201
212
220
238
252
229
263
286
315
306
325
373
396
425
EPS in ₹
9.59
7.06
9.84
8.73
9.14
9.16
9.19
10.24
9.10
9.39
10.33
11.46
9.21
10.92
11.02
11.46
10.59
10.65
11.26
11.50
10.97
11.78
13.34
15.82
18.03
19.79
21.16
23.08
26.30
28.50
29.61
31.90
33.65
30.50
35.00
37.83
20.73
20.09
21.19
24.28
25.64
27.43

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
1,775
2,120
2,346
2,671
2,856
3,092
3,666
5,419
6,673
7,418
8,737
Fixed Assets
408
437
536
512
401
432
457
1,534
2,341
2,222
2,541
Current Assets
1,107
1,336
1,404
1,774
1,891
1,986
2,670
2,839
3,447
4,157
5,026
Capital Work in Progress
4
27
29
5
32
30
12
107
16
34
77
Investments
462
638
684
880
764
979
1,000
823
640
827
980
Other Assets
901
1,018
1,098
1,274
1,659
1,652
2,197
2,956
3,676
4,336
5,138
Total Liabilities
1,775
2,120
2,346
2,671
2,856
3,092
3,666
5,419
6,673
7,418
8,737
Current Liabilities
355
447
417
499
492
648
770
1,426
2,013
2,218
2,133
Non Current Liabilities
15
15
30
45
19
58
100
625
695
242
285
Total Equity
1,406
1,658
1,899
2,127
2,345
2,386
2,796
3,368
3,965
4,958
6,319
Reserve & Surplus
1,326
1,578
1,819
2,047
2,266
2,309
2,719
3,292
3,889
4,881
6,241
Share Capital
80
80
80
80
79
76
76
76
76
77
78

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
16
41
6
-12
39
16
52
56
169
196
12
Investing Activities
-230
-86
-222
-337
-233
-6
-540
-971
-383
-525
-517
Operating Activities
312
254
286
421
432
352
736
845
956
1,302
1,157
Financing Activities
-66
-127
-58
-96
-160
-329
-144
182
-404
-582
-628

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Promoter
31.29 %
31.26 %
31.26 %
31.26 %
31.26 %
31.26 %
31.26 %
31.26 %
31.26 %
31.06 %
31.06 %
31.06 %
31.02 %
31.02 %
30.66 %
30.66 %
30.66 %
30.56 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.12 %
0.01 %
0.02 %
0.00 %
21.34 %
24.55 %
24.96 %
22.55 %
23.33 %
24.75 %
24.36 %
24.19 %
DIIs
28.25 %
28.62 %
27.35 %
26.31 %
26.15 %
25.34 %
25.00 %
26.41 %
27.61 %
28.04 %
28.67 %
26.14 %
25.88 %
28.23 %
27.37 %
26.26 %
26.85 %
27.78 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.01 %
0.01 %
0.00 %
0.00 %
Public / Retail
14.64 %
14.98 %
15.69 %
15.73 %
16.02 %
16.46 %
17.31 %
16.51 %
15.12 %
14.76 %
13.92 %
13.62 %
13.70 %
14.20 %
13.67 %
13.74 %
13.76 %
13.49 %
Others
25.82 %
25.14 %
25.70 %
26.69 %
26.57 %
26.93 %
26.30 %
25.80 %
25.99 %
26.14 %
5.01 %
4.63 %
4.44 %
3.99 %
4.96 %
4.57 %
4.36 %
3.99 %
No of Share Holders
0
67,849
90,220
1,27,584
1,51,610
1,71,875
1,93,024
2,14,091
2,00,720
1,87,082
1,82,193
1,85,728
1,89,570
2,30,063
2,28,534
2,39,682
2,38,795
2,43,441

Dividend History

Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 8 9 10 11 12 20 31 25 26 35
Dividend Yield (%) 2.69 2.59 3.18 3.99 1.25 0.84 1.35 0.63 0.47 0.68

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
23 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
23 Jul 2025 6,080.45 5,713.50
21 Jul 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
21 Jul 2025 6,106.50 5,547.50
14 Jul 2025 DIVIDEND Dividend
₹ 15.00 /share
14 Jul 2025 5,162.70 5,572.40
24 Apr 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
24 Apr 2025 4,626.40 5,162.70
31 Jan 2025 DIVIDEND Dividend
₹ 20.00 /share
31 Jan 2025 5,896.70 6,060.50
22 Jan 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
22 Jan 2025 6,334.30 5,896.70
22 Oct 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
22 Oct 2024 5,356.80 5,248.10
16 Jul 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
16 Jul 2024 3,848.65 4,794.50
10 Jul 2024 DIVIDEND Dividend
₹ 10.00 /share
09 Jul 2024 3,887.60 4,637.75
20 Jan 2024 SPLIT Split
5:10
01 Apr 2024 3,930.65 3,930.65
30 Jan 2024 DIVIDEND Dividend
₹ 32.00 /share
30 Jan 2024 3,930.65 4,318.80
12 Jul 2023 DIVIDEND Dividend
₹ 10.00 /share
11 Jul 2023 2,220.40 2,359.88
12 Jul 2023 DIVIDEND Dividend
₹ 12.00 /share
11 Jul 2023 2,220.40 2,359.88
27 Jan 2023 DIVIDEND Dividend
₹ 28.00 /share
25 Jan 2023 1,988.35 2,297.00
13 Jul 2022 DIVIDEND Dividend
₹ 11.00 /share
11 Jul 2022 2,028.78 1,665.18
29 Jan 2022 DIVIDEND Dividend
₹ 20.00 /share
27 Jan 2022 2,134.10 2,143.25
15 Jul 2021 DIVIDEND Dividend
₹ 6.00 /share
13 Jul 2021 980.43 1,393.33
10 Feb 2021 DIVIDEND Dividend
₹ 14.00 /share
09 Feb 2021 756.93 853.53

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome8 hours ago
Announcement under Regulation 30 (LODR)-Newspaper Publication1 day ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome2 days ago
Audited Financial Statements For The Quarter Ended June 30 20252 days ago
Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 20152 days ago
Announcement under Regulation 30 (LODR)-Issue of Securities2 days ago
Announcement under Regulation 30 (LODR)-Investor Presentation2 days ago
Announcement under Regulation 30 (LODR)-Press Release / Media Release2 days ago
Outcome Of The Board Meeting Held On July 22 2025 And Concluded On July 23 20252 days ago
Board Meeting Outcome for Outcome Of The Board Meeting Held On July 22 2025 And Concluded On July 23 20252 days ago
Reappointment Of The Managing Director3 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation3 days ago
Voting Result Of The 35Th Annual General Meeting3 days ago
Shareholder Meeting / Postal Ballot-Scrutinizers Report3 days ago
Shareholder Meeting / Postal Ballot-Outcome of AGM4 days ago
Update on board meeting7 days ago
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 201810 days ago
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 14, 2025
Addendum To The Notice Of The 35Th Annual General Meeting Of The CompanyJul 13, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 03, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJul 03, 2025
Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Jul 03, 2025
Intimation Of Amendments In The Code Of Conduct And Code Of Fair DisclosureJun 30, 2025
Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015Jun 26, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 25, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 24, 2025
Closure of Trading WindowJun 24, 2025
Board Meeting Intimation for Intimation Under Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 And Intimation Of Closure Of Trading Window Is As Enclosed.Jun 24, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJun 24, 2025
Business Responsibility and Sustainability Reporting (BRSR)Jun 23, 2025
Intimation Of Book Closure And Record Date For The Purpose Of 35Th Annual General Meeting And Final Dividend For The Financial Year 2024-25Jun 23, 2025
Reg. 34 (1) Annual Report.Jun 23, 2025
Notice Of The 35Th Annual General Meeting Of The Company Scheduled To Be Held On Monday July 21 2025Jun 23, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJun 20, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 18, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJun 18, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 17, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 13, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJun 12, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJun 10, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJun 10, 2025
Appointment Of The Internal Auditors Of The CompanyJun 06, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateJun 06, 2025
Board Meeting Outcome for Outcome Of The Board Meeting Held On Friday June 6 2025 (IST)Jun 06, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJun 06, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJun 05, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 04, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeJun 04, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJun 04, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 02, 2025

Technical Indicators

RSI(14)
Neutral
28.99
ATR(14)
Volatile
180.64
STOCH(9,6)
Neutral
36.82
STOCH RSI(14)
Neutral
37.00
MACD(12,26)
Bearish
-47.86
ADX(14)
Weak Trend
24.67
UO(9)
Bearish
34.63
ROC(12)
Downtrend And Accelerating
-11.41
WillR(14)
Oversold
-90.10

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Kotak Arbitrage Fund Direct-Growth
0.56%
469100
0.41%
0.39%
UTI Nifty200 Momentum 30 Index Fund Direct - Growth
2.51%
-245565
-1.69%
-1.62%
Franklin India Large Cap Fund Direct-Growth
0.00%
-106713
-0.78%
-1.01%
Edelweiss Mid Cap Direct Plan-Growth
3.64%
88443
0.42%
0.86%
UTI Multi Asset Allocation Fund Direct-Growth
2.26%
57000
0.63%
0.68%
Edelweiss Business Cycle Fund Direct-Growth
2.04%
-50472
-1.51%
-1.46%
Franklin India Large & Mid Cap Fund Direct-Growth
1.47%
-47683
-0.75%
-0.70%
HDFC Arbitrage Fund Wholesale Direct-Growth
0.13%
44000
0.13%
0.13%
Tata Arbitrage Fund Direct - Growth
0.23%
42100
0.16%
0.23%
Edelweiss Aggressive Hybrid Fund Direct - Growth
0.78%
37536
0.78%
0.78%
Edelweiss Arbitrage Fund Direct-Growth
0.51%
33200
0.16%
0.10%
Nippon India Nifty 500 Momentum 50 Index Fund Direct-Growth
2.67%
-30497
-2.06%
-2.04%
Baroda BNP Paribas Large & Mid Cap Fund Direct - Growth
1.10%
30000
1.10%
1.10%
Motilal Oswal Nifty 200 Momentum 30 Index Fund Direct - Growth
2.50%
-27945
-1.69%
-1.63%
Aditya Birla Sun Life Arbitrage Fund Direct-Growth
0.19%
27400
0.07%
0.11%
PGIM India Flexi Cap Fund Direct-Growth
1.78%
-27300
-0.16%
-0.08%
Axis Large & Mid Cap Fund Direct-Growth
1.35%
25000
0.14%
0.29%
HDFC NIFTY200 Momentum 30 Index Fund Direct-Growth
2.51%
-23561
-1.69%
-1.62%
Motilal Oswal Nifty 500 Momentum 50 Index Fund Direct-Growth
2.68%
-23358
-2.06%
-2.03%
ICICI Prudential Midcap Direct Plan-Growth
0.00%
-20000
-0.18%
-0.18%
ICICI Prudential Child Care Gift Fund Direct Plan
0.00%
-20000
-0.84%
-0.82%
SBI Arbitrage Opportunities Fund Direct-Growth
0.20%
19400
0.02%
0.00%
Bandhan Nifty Alpha 50 Index Fund Direct-Growth
2.31%
19226
2.31%
2.31%
Tata Nifty Midcap 150 Momentum 50 Index Fund Direct - Growth
3.50%
-18570
-1.10%
-1.08%
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct - Growth
3.50%
-16960
-1.09%
-1.09%

About Persistent Systems

Persistent Systems Limited is a Digital Engineering Enterprise Modernization partner for software product companies and enterprises. The company provides services across all phases of the product lifecycle, focusing on software development, enhancement, and deployment. It operates in various sectors including telecommunications, life sciences, and infrastructure. Persistent Systems has expanded globally with subsidiaries and offices in multiple countries. The company has made several acquisitions to enhance its capabilities, including CloudSquads, Aepona IoT platform, and PARX. In 2023, Persistent Systems launched GenAI-led offerings and established a dedicated task force for developing AI solutions. The company's main business segments are Banking, Financial Services, and Insurance (BFSI), Healthcare & Life Sciences, and Software, Hi-Tech, and Emerging Industries. Its services include digital strategy, software product engineering, cloud & infrastructure, enterprise IT security, and data analytics.
Listing Date
06 Apr, 2010(15 Years, 20 days)
Chairperson NameAnand Deshpande