Persistent Systems Limited PERSISTENT NIFTY_MIDNSEAITECH
Company Overview
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.
Why Investors Should Care
Generates a return on equity of 23.8%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 29.4%.
Net profit has compounded at 26.5% per year over the last five years.
Revenue has grown at a 20.9% CAGR over the past five years.
Operating margin of 16.4% supports profitability.
Carries low leverage with a debt-to-equity ratio of 0.06.
Recent Developments
- Mar 2026 Revenue of ₹14,748.45 Cr (+23.5% YoY); net profit ₹1,865.12 Cr.
- Trailing 12 Months Year-on-year growth — revenue +23.5%, earnings +33.2%.
- 5-Year Trend Long-term compounding — revenue CAGR 20.9%, profit CAGR 26.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 20.88% |
| 1 Year: | 23.53% |
Compounded Profit Growth
| 5 Years: | 26.51% |
| 1 Year: | 33.21% |
Stock Price Performance
| 1 Year: | -9.44% |
| 6 Months: | -18.89% |
| 3 Months: | -6.14% |
| 1 Month: | +1.90% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
Persistent Systems is one of India's most AI-forward mid-cap IT firms. 'Persistent GenAI Hub' offers pre-built accelerators across BFSI, healthcare and software product engineering. Deep partnerships with Microsoft, AWS, Salesforce, Snowflake, Databricks and IBM watsonx. Acquired Starfish (data engineering) and SureLine (cloud).
- SASVA & AI engineering platform Persistent's SASVA GenAI platform accelerates software engineering and modernisation, and the company is an early, vocal GenAI adopter in IT services.
- AI partnerships (hyperscalers, model vendors) Deep partnerships with cloud and AI-model providers embed Persistent in clients' GenAI build-outs.
- Industry AI solutions Domain GenAI solutions for BFSI, healthcare and software/hi-tech clients drive transformation deals.
- Among the fastest-growing IT services names (~24% revenue) with a clear GenAI lead.
- Excellent returns (ROCE ~34%, ROE ~27%) and ~33% five-year profit CAGR.
- Early GenAI positioning supports premium growth and deal wins.
- Premium P/E ~39 demands continued execution.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 23.8%.
- 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
- Trading at a high P/E of 56.6.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
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 | 5,112.00 | 56.65 | ₹80,641.80 Cr | 0.87% | 29.39% | 23.80% | 20.88% | 26.51% |
| 2 | TCS Tata Consultancy Services Limited NIFTY50NSEAITECH | 2,173.50 | 15.98 | ₹7.86 L Cr | 3.14% | 54.93% | 45.89% | 5.80% | 5.30% |
| 3 | INFY Infosys Limited NIFTY50NSEAITECH | 1,084.40 | 1,355.50 | ₹4.40 L Cr | 4.68% | 41.66% | 33.85% | 3.44% | 3.58% |
| 4 | HCLTECH HCL Technologies Limited NIFTY50NSEAITECH | 1,176.30 | 18.35 | ₹3.19 L Cr | 8.25% | 27.21% | 22.14% | 8.65% | 3.87% |
| 5 | WIPRO Wipro Limited NIFTY50NSEAITECH | 175.97 | 14.01 | ₹1.85 L Cr | 9.69% | 17.85% | 14.91% | 0.78% | 5.16% |
| 6 | TECHM Tech Mahindra Limited NIFTY50NSEAITECH | 1,474.20 | 27.20 | ₹1.44 L Cr | 3.51% | 19.82% | 16.24% | 2.16% | -0.14% |
| 7 | LTM LTM Limited NSETECH | 4,076.50 | 24.10 | ₹1.21 L Cr | 1.86% | 25.39% | 20.89% | 8.43% | 4.41% |
| 8 | LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH | 1,535.10 | 61.82 | ₹1.04 L Cr | 0.00% | 27.64% | 21.98% | 0.98% | - |
| 9 | OFSS Oracle Financial Services Software Limited NIFTY_MIDNSEAITECH | 11,729.00 | 38.82 | ₹1.02 L Cr | 5.71% | 43.24% | 33.72% | 10.42% | 13.48% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,254.00 Cr | 2,321.00 Cr | 2,412.00 Cr | 2,498.00 Cr | 2,591.00 Cr | 2,737.00 Cr | - | 3,062.28 Cr | 3,242.11 Cr | 3,333.59 Cr | 3,581.00 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 | 1,838.00 Cr | 1,947.00 Cr | 2,007.00 Cr | 2,056.00 Cr | 2,136.00 Cr | 2,282.00 Cr | - | 409.49 Cr | 457.08 Cr | 510.06 Cr | 2,898.00 Cr | 545.13 Cr | 638.51 Cr |
| Operating Income | 346.00 Cr | 298.00 Cr | 331.00 Cr | 363.00 Cr | 374.00 Cr | 384.00 Cr | - | 455.73 Cr | 505.31 Cr | 517.81 Cr | 583.00 Cr | 632.49 Cr | 659.16 Cr |
| EBITDA | 416.00 Cr | 374.00 Cr | 405.00 Cr | 442.00 Cr | 454.00 Cr | 455.00 Cr | - | 580.47 Cr | 602.77 Cr | 666.25 Cr | 683.00 Cr | 684.54 Cr | 801.20 Cr |
| Interest Expense | 15.00 Cr | 13.00 Cr | 12.00 Cr | 12.00 Cr | 10.00 Cr | 14.00 Cr | - | 16.32 Cr | 18.46 Cr | 17.06 Cr | 18.00 Cr | 18.96 Cr | 18.68 Cr |
| Pretax Income | 341.00 Cr | 307.00 Cr | 356.00 Cr | 389.00 Cr | 395.00 Cr | 401.00 Cr | - | 482.04 Cr | 505.21 Cr | 555.41 Cr | 617.00 Cr | 564.99 Cr | 673.98 Cr |
| Tax Provision | 88.66 Cr | 76.75 Cr | 92.56 Cr | 101.14 Cr | 79.00 Cr | 96.24 Cr | - | 109.05 Cr | 109.45 Cr | 130.47 Cr | 148.08 Cr | 125.54 Cr | 144.72 Cr |
| Net Income | 252.00 Cr | 229.00 Cr | 263.00 Cr | 286.00 Cr | 315.00 Cr | 306.00 Cr | - | 372.99 Cr | 395.76 Cr | 424.94 Cr | 471.00 Cr | 439.45 Cr | 529.26 Cr |
| Diluted EPS | 16.45 | 14.86 | 17.11 | 18.59 | 20.47 | 19.89 | - | 23.93 | 25.39 | 27.21 | 30.15 | 27.94 | 33.55 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,891.00 Cr | 2,312.00 Cr | 2,878.00 Cr | 3,034.00 Cr | 3,366.00 Cr | 3,566.00 Cr | 4,188.00 Cr | - | 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 | 8,660.50 Cr | 10,611.54 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 2,385.37 Cr | 2,604.72 Cr | 3,278.22 Cr | 4,136.91 Cr |
| Operating Expenses | 1,501.00 Cr | 1,921.00 Cr | 2,413.00 Cr | 2,565.00 Cr | 2,810.00 Cr | 3,073.00 Cr | 3,505.00 Cr | - | 1,126.66 Cr | 1,301.54 Cr | 1,670.18 Cr | 1,722.93 Cr |
| Operating Income | 296.00 Cr | 293.00 Cr | 316.00 Cr | 311.00 Cr | 399.00 Cr | 327.00 Cr | 507.00 Cr | - | 1,258.71 Cr | 1,303.18 Cr | 1,608.04 Cr | 2,413.98 Cr |
| EBITDA | 390.00 Cr | 392.00 Cr | 465.00 Cr | 469.00 Cr | 556.00 Cr | 493.00 Cr | 683.00 Cr | - | 1,560.09 Cr | 1,803.71 Cr | 2,196.35 Cr | 2,886.84 Cr |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 6.00 Cr | 6.00 Cr | - | 47.34 Cr | 46.73 Cr | 67.13 Cr | 72.68 Cr |
| Pretax Income | 390.00 Cr | 370.00 Cr | 401.00 Cr | 429.00 Cr | 486.00 Cr | 452.00 Cr | 609.00 Cr | - | 1,240.85 Cr | 1,447.61 Cr | 1,822.31 Cr | 2,411.21 Cr |
| Tax Provision | 97.50 Cr | 92.50 Cr | 100.25 Cr | 107.25 Cr | 136.08 Cr | 113.00 Cr | 158.34 Cr | - | 319.76 Cr | 354.12 Cr | 422.15 Cr | 546.09 Cr |
| Net Income | 291.00 Cr | 277.00 Cr | 301.00 Cr | 323.00 Cr | 352.00 Cr | 340.00 Cr | 451.00 Cr | - | 921.09 Cr | 1,093.49 Cr | 1,400.16 Cr | 1,865.12 Cr |
| Diluted EPS | 18.16 | 17.33 | 18.84 | 20.19 | 21.98 | 22.26 | 29.48 | 45.17 | 60.26 | 71.07 | 90.24 | - |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 1,775.00 Cr | 2,120.00 Cr | 2,335.00 Cr | 2,644.00 Cr | 2,856.00 Cr | 3,092.00 Cr | 3,666.00 Cr | - | 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 | 4.00 Cr | 3.00 Cr | 3.00 Cr | 2.00 Cr | 2.00 Cr | 71.00 Cr | 98.00 Cr | - | 657.55 Cr | 451.13 Cr | 310.90 Cr | 477.45 Cr |
| Total Equity | 1,406.00 Cr | 1,658.00 Cr | 1,899.00 Cr | 2,127.00 Cr | 2,345.00 Cr | 2,385.00 Cr | 2,795.00 Cr | - | 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 312.00 Cr | 254.00 Cr | 286.00 Cr | 421.00 Cr | 432.00 Cr | 352.00 Cr | 736.00 Cr | - | 955.76 Cr | 1,302.11 Cr | 1,156.92 Cr | 1,767.13 Cr |
| Investing Cash Flow | -230.00 Cr | -86.00 Cr | -222.00 Cr | -337.00 Cr | -233.00 Cr | -6.00 Cr | -540.00 Cr | - | -421.31 Cr | -562.09 Cr | -434.43 Cr | -609.90 Cr |
| Financing Cash Flow | -66.00 Cr | -127.00 Cr | -58.00 Cr | -96.00 Cr | -160.00 Cr | -329.00 Cr | -144.00 Cr | - | -403.94 Cr | -581.88 Cr | -628.20 Cr | -748.18 Cr |
| Capital Expenditure | -96.00 Cr | -165.00 Cr | -216.00 Cr | -65.00 Cr | -37.00 Cr | -75.00 Cr | -125.00 Cr | - | -433.30 Cr | -358.03 Cr | -236.69 Cr | -208.58 Cr |
| Free Cash Flow | 216.00 Cr | 89.00 Cr | 70.00 Cr | 356.00 Cr | 395.00 Cr | 277.00 Cr | 611.00 Cr | - | 522.46 Cr | 944.08 Cr | 920.23 Cr | 1,558.55 Cr |
| Net Change in Cash | 16.00 Cr | 41.00 Cr | 6.00 Cr | -12.00 Cr | 39.00 Cr | 16.00 Cr | 52.00 Cr | - | 130.51 Cr | 158.14 Cr | 94.28 Cr | 409.05 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 28.6% | 26.5% | 27.5% | 28.0% |
| Operating Margin % | 15.7% | 12.7% | 11.0% | 10.3% | 11.9% | 9.2% | 12.1% | - | 15.1% | 13.3% | 13.5% | 16.4% |
| Net Margin % | 15.4% | 12.0% | 10.5% | 10.6% | 10.5% | 9.5% | 10.8% | - | 11.0% | 11.1% | 11.7% | 12.6% |
| ROE % | 20.7% | 16.7% | 15.9% | 15.2% | 15.0% | 14.3% | 16.1% | - | 23.2% | 22.1% | 22.2% | 23.8% |
| ROCE % | - | - | - | - | - | - | - | - | 27.0% | 25.1% | 24.4% | 28.6% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for PERSISTENT
US Stock Market Today: S&P 500 Futures Edge Higher On Persistent Higher Yield Concerns - Yahoo Finance
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Why is Persistent Systems stock rallying today? - Investing.com
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McDonald's Persistent Brand Investment Should Manifest in Long-Term Global Share Gains - Morningstar
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'We don't build for stock movements': Persistent CEO Sandeep Kalra on share slide after Nagarro buy - Moneycontrol.com
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Lululemon cuts forecasts amid persistent sales slump in key US market, shares drop - Reuters
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Stock market today: Dow Jones gains, Nikkei rises 1.49 percent, as FTSE 100 falls amid persistent AI optimism, geopolitical tensions - Economy Middle East
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PERSISTENT — Frequently Asked Questions
What is the current share price of Persistent Systems Limited (PERSISTENT)?
As of 2026-07-15 09:52 IST, Persistent Systems Limited (PERSISTENT) trades at ₹5,112.00 on NSE. Its 52-week range is ₹4,298.50 to ₹6,540.04.
What is the market capitalisation of PERSISTENT?
Persistent Systems Limited (PERSISTENT) has a market capitalisation of ₹80,641.80 Cr on NSE.
What is the P/E ratio of PERSISTENT?
PERSISTENT trades at a trailing price-to-earnings (P/E) ratio of 56.65. The industry average P/E is 27.67. Its price-to-book (P/B) ratio is 10.36.
Does PERSISTENT pay a dividend?
Persistent Systems Limited (PERSISTENT) currently offers a dividend yield of 0.87%.
What is the return on equity (ROE) of PERSISTENT?
PERSISTENT has a return on equity (ROE) of 23.80%. Its return on capital employed (ROCE) is 29.39%.
Is PERSISTENT a good stock to buy?
This page provides a data-driven analysis of Persistent Systems Limited (PERSISTENT), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.