Persistent Systems Limited PERSISTENT NIFTY_MIDNSEAITECH

Technology · Information Technology Services · India

https://www.persistent.com

Persistent Systems Limited provides software products, services, and technology solutions in India, North America, and internationally. It operates through Banking, Financial Services and Insurance (BFSI); Healthcare & Life Sciences; and Technology Companies and Emerging Verticals segments. The company provides Persistent GenAI Hub, a generative artificial intelligence (AI) solution; consulting services for business strategy and transformation; software engineering services to architect, design, develop, and manage software product lifecycle; and CX transformation solutions, such as CX strategy, Salesforce cloud implementation, CX platform integration, customer analytics and insights, and Salesforce industry solutions and accelerators. It also offers hybrid and multi-cloud transformation, data center modernization, persistent intelligent IT operations, cloud advisory, service management, service desk, digital workplace, and management and sustenance services, as well as CloudOps, a multi-cloud intelligent operations framework; business process management, robotic process automation, low code application development, and conversational AI solutions; and application modernization, maintenance and support, portfolio rationalization, application, and platform development solutions. It serves customers in the banking, financial services, insurance, healthcare, life sciences, consumer tech, industrial, software and hi-tech, and telecom and media sectors. The company has a research collaboration with the Indian Institute of Management Ahmedabad to introduce the 'AI Value compass to bring discipline and measurable outcomes to enterprise AI investments. Persistent Systems Limited was incorporated in 1990 and is based in Pune, India.

Market & Price

Market Cap

₹81,151.09 Cr

Current Price

₹5,194.30

High / Low (52W)

₹6,540.04 / ₹4,529.40

Beta

0.09

Valuation

Stock P/E

43.67

Industry PE

25.13

Forward P/E

29.77

PEG Ratio

3.35

Book Value

₹500.99

Price to Book

10.37

P/S

5.50

EV/EBITDA

28.48

Dividend Yield

0.85%

Profitability & Returns

ROCE

29.39%

ROE

26.35%

ROA

14.87%

Profit Margin

12.65%

Op Margin

16.25%

EPS (Latest Qtr)

₹33.55

EPS (TTM)

₹118.95

Balance Sheet & Liquidity

Debt/Equity

0.06

Quick Ratio

1.87

Current Ratio

2.43

Debt

₹477.45 Cr

Total Assets

₹11,376.54 Cr

Current Assets

₹7,097.28 Cr

Working Capital

₹4,173.03 Cr

Ownership

Promoter Holding

33.02%

Chg in Prom Hold

FII / Inst Holding

42.57%

Chg in FII Hold

0.01%

Financial Snapshot

Enterprise Value

₹79,607.80 Cr

Total Revenue (TTM)

₹14,748.45 Cr

EBITDA

₹2,795.44 Cr

Free Cash Flow

₹1,456.11 Cr

Operating Cash Flow

₹1,767.13 Cr

Shares Outstanding

₹15.62 Cr

Gross Margin

31.19%

Payout Ratio

31.13%

Growth (CAGR)

Revenue 5Y

20.88%

Profit 5Y

26.51%

Revenue (YoY)

25.10%

Earnings (YoY)

32.10%

PROS

Strong return on equity of 26.3%.
Healthy ROCE of 29.4%.
Compounding revenue at 20.9% over 5 years.
Profit CAGR of 26.5% over 5 years.
Generates positive free cash flow.

CONS

In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#	Name	CMP ₹	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	PERSISTENT Persistent Systems Limited NIFTY_MIDNSEAITECH	5,194.30	43.67	₹81,151.09 Cr	0.85%	29.39%	26.35%	20.88%	26.51%
2	TCS Tata Consultancy Services Limited NIFTY50NSEAITECH	2,258.90	16.61	₹8.17 L Cr	5.49%	54.93%	48.40%	5.80%	5.30%
3	INFY Infosys Limited NIFTY50NSEAITECH	1,160.90	15.01	₹4.70 L Cr	4.31%	41.66%	31.44%	3.44%	3.58%
4	HCLTECH HCL Technologies Limited NIFTY50NSEAITECH	1,183.80	19.31	₹3.20 L Cr	8.11%	27.21%	23.36%	8.65%	3.87%
5	WIPRO Wipro Limited NIFTY50NSEAITECH	204.25	16.26	₹2.14 L Cr	8.32%	18.42%	15.49%	4.05%	2.44%
6	TECHM Tech Mahindra Limited NIFTY50NSEAITECH	1,483.90	27.40	₹1.31 L Cr	3.44%	20.60%	16.61%	2.16%	-0.14%
7	LTM LTM Limited NSETECH	4,061.60	24.04	₹1.20 L Cr	1.85%	25.39%	21.29%	8.43%	4.41%
8	LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH	1,523.90	61.35	₹1.03 L Cr	-	27.64%	24.72%	0.98%	-
9	WAAREEENER WAAREE ENERGIES LIMITED NIFTY_MIDNSETECH	3,140.80	27.70	₹90,345.53 Cr	0.13%	24.21%	31.57%	71.63%	191.18%

Quarterly Results

Figures in INR.

Metric	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Dec 2025	Mar 2026
Revenue	-	3,062.28 Cr	3,242.11 Cr	3,333.59 Cr	3,778.20 Cr	4,055.94 Cr
Cost of Revenue	-	2,197.07 Cr	2,279.73 Cr	2,305.72 Cr	2,600.59 Cr	2,758.27 Cr
Gross Profit	-	865.22 Cr	962.38 Cr	1,027.87 Cr	1,177.61 Cr	1,297.67 Cr
Operating Expenses	-	409.49 Cr	457.08 Cr	510.06 Cr	545.13 Cr	638.51 Cr
Operating Income	-	455.73 Cr	505.31 Cr	517.81 Cr	632.49 Cr	659.16 Cr
EBITDA	-	580.47 Cr	602.77 Cr	666.25 Cr	684.54 Cr	801.20 Cr
Interest Expense	-	16.32 Cr	18.46 Cr	17.06 Cr	18.96 Cr	18.68 Cr
Pretax Income	-	482.04 Cr	505.21 Cr	555.41 Cr	564.99 Cr	673.98 Cr
Tax Provision	-	109.05 Cr	109.45 Cr	130.47 Cr	125.54 Cr	144.72 Cr
Net Income	-	372.99 Cr	395.76 Cr	424.94 Cr	439.45 Cr	529.26 Cr
Diluted EPS	-	23.93	25.39	27.21	27.94	33.55

Profit & Loss (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue	-	8,350.59 Cr	9,821.59 Cr	11,938.72 Cr	14,748.45 Cr
Cost of Revenue	-	5,965.22 Cr	7,216.86 Cr	8,622.88 Cr	10,148.16 Cr
Gross Profit	-	2,385.37 Cr	2,604.72 Cr	3,315.84 Cr	4,600.29 Cr
Operating Expenses	-	1,126.66 Cr	1,301.54 Cr	1,564.55 Cr	2,207.80 Cr
Operating Income	-	1,258.71 Cr	1,303.18 Cr	1,751.28 Cr	2,392.49 Cr
EBITDA	-	1,560.09 Cr	1,803.71 Cr	2,196.35 Cr	2,886.84 Cr
Interest Expense	-	47.34 Cr	46.73 Cr	67.13 Cr	72.68 Cr
Pretax Income	-	1,240.85 Cr	1,447.61 Cr	1,822.31 Cr	2,411.21 Cr
Tax Provision	-	319.76 Cr	354.12 Cr	422.15 Cr	546.09 Cr
Net Income	-	921.09 Cr	1,093.49 Cr	1,400.16 Cr	1,865.12 Cr
Diluted EPS	45.17	60.26	71.07	90.24	-

Compounded Sales Growth

5 Years:	20.88%
1 Year:	25.10%

Compounded Profit Growth

5 Years:	26.51%
1 Year:	32.10%

Stock Price Performance

1 Year:	-7.81%
6 Months:	-18.22%
3 Months:	+4.36%
1 Month:	+8.08%

Balance Sheet (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Assets	-	6,673.08 Cr	7,417.63 Cr	8,736.60 Cr	11,376.54 Cr
Current Assets	-	3,446.61 Cr	4,156.89 Cr	5,025.95 Cr	7,097.28 Cr
Cash & Equivalents	-	467.01 Cr	662.51 Cr	674.41 Cr	1,074.91 Cr
Inventory	-	-	-	-	-
Receivables	-	1,525.32 Cr	1,676.11 Cr	1,847.80 Cr	2,133.19 Cr
Total Liabilities	-	2,708.00 Cr	2,459.93 Cr	2,417.54 Cr	3,538.69 Cr
Current Liabilities	-	2,012.88 Cr	2,217.87 Cr	2,132.77 Cr	2,924.26 Cr
Long Term Debt	280.08 Cr	205.76 Cr	9.91 Cr	0	-
Total Debt	-	657.55 Cr	451.13 Cr	310.90 Cr	477.45 Cr
Total Equity	-	3,965.08 Cr	4,957.71 Cr	6,319.06 Cr	7,837.85 Cr
Shares Outstanding	-	15.29 Cr	15.40 Cr	15.59 Cr	15.78 Cr

Cash Flows (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow	-	955.76 Cr	1,302.11 Cr	1,156.92 Cr	1,767.13 Cr
Investing Cash Flow	-	-421.31 Cr	-562.09 Cr	-434.43 Cr	-609.90 Cr
Financing Cash Flow	-	-403.94 Cr	-581.88 Cr	-628.20 Cr	-748.18 Cr
Capital Expenditure	-	-433.30 Cr	-358.03 Cr	-236.69 Cr	-208.58 Cr
Free Cash Flow	-	522.46 Cr	944.08 Cr	920.23 Cr	1,558.55 Cr
Net Change in Cash	-	130.51 Cr	158.14 Cr	94.28 Cr	409.05 Cr

Ratios (Annual)

Figures in %.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Gross Margin %	-	28.6%	26.5%	27.8%	31.2%
Operating Margin %	-	15.1%	13.3%	14.7%	16.2%
Net Margin %	-	11.0%	11.1%	11.7%	12.6%
ROE %	-	23.2%	22.1%	22.2%	23.8%
ROCE %	-	27.0%	25.1%	26.5%	28.3%

Shareholding Pattern

Insiders

33.02%

Institutions

42.57%

Public Float

63.56%

Analyst View

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PERSISTENT · Technology