Persistent Systems Limited

Persistent Systems Limited

5,750.00
INR
+5.00
(+0.09%)
119.24EPS
35.95P/E
675.84BMarket Cap
Jan 27Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
107.25
119.87
144.86
179.9
189.61
210.52
232.5
273.99
373.62
560.87
650.64
777.83
946.88
991.89
Basic EPS, GAAP
16.02
18.42
17.37
18.84
20.19
22
22.19
29.48
45.17
61.87
72.44
91.22
119.74
120.32
Free Cash Flow per Basic Share
18.04
19.75
15.92
17.9
26.32
27.04
22.92
48.15
55.28
64.19
86.26
75.38
113.45
- -
Dividend per Share
2.83
3.55
6.51
3
5
5.51
7.47
7
13
20.02
27.05
29.97
37.18
- -
Book Value per Share
76.4
91.88
103.61
118.7
132.95
148.17
156.08
182.9
227.5
264.89
325.46
408.84
501.68
- -
Tangible Book Value per Share
68.32
85.51
93.33
101
116.79
135.66
145.22
174.3
152.8
155.63
223.02
292.43
377.58
- -
Basic Weighted Avg Shares
156
158
160
160
160
160
153
153
153
149
151
153
156
156
Sales/Revenue/Turnover
16,692
18,913
23,123
28,784
30,337
33,659
35,658
41,879
57,107
83,506
98,216
119,387
147,484
154,710
Operating Margin (%)
19.91
16.23
13.66
11.43
11.08
12.93
9.19
12.53
14.36
15.07
13.27
13.47
16.37
15.46
Depreciation Expense
1,026
939
990
1,490
1,585
1,573
1,660
1,756
1,660
2,719
3,094
3,069
4,030
4,182
Net Income, GAAP
2,493
2,906
2,773
3,015
3,231
3,517
3,403
4,507
6,904
9,211
10,935
14,002
18,651
18,767
Effective Tax Rate (%)
27.25
25.47
24.99
24.76
24.73
27.69
24.77
26.05
25.31
25.77
24.46
23.17
22.65
22.37
Profit Margin (%)
14.93
15.37
11.99
10.47
10.65
10.45
9.54
10.76
12.09
11.03
11.13
11.73
12.65
12.13
Working Capital
6,584
8,062
8,889
9,866
12,750
13,985
13,374
19,006
14,130
14,337
19,390
28,932
41,730
- -
LT Debt
32
26
27
22
17
12
400
760
3,915
3,650
1,707
2,157
2,997
- -
Total Equity
12,223
14,701
16,578
18,993
21,272
23,447
23,858
27,957
33,682
39,651
49,577
63,191
78,379
- -
Return on Invested Capital (%)
22.08
17
14.38
13.1
11.86
13.83
10.29
14.15
17.4
21.08
20.6
22.57
24.13
- -
Return on Capital (%)
22.21
21.54
17.69
16.93
16.03
15.72
14.37
17
20.44
22.32
22.5
24.12
25.71
- -
Return on Common Equity (%)
22.25
21.59
17.73
16.95
16.05
15.73
14.39
17.4
22.4
25.12
24.51
24.83
26.35
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,778
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
2,997
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
156
156
156
Market Capitalization
981,179
760,564
675,840

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
70,973
- -
Cash, Cash Equivalents & STI
- -
20,254
- -
Accounts Receivable, Net
- -
21,332
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
29,243
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,778
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.04%
22.95%
24.04%
Free Cash Flow
25.88%
21.15%
52.74%
Net Income, GAAP
22.05%
33.32%
33.21%
Sales/Revenue/Turnover
20.95%
29.06%
23.53%
Total Cash Common Dividend
25.77%
42.25%
25.88%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
27,372
28,972
30,623
32,421
119,387
2026
33,336
- -
37,782
40,559
147,484
2027
43,032
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
20.09
21.19
24.28
25.64
91.22
2026
27.43
- -
28.15
33.83
119.74
2027
30.88
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
29.97
2026
- -
- -
- -
- -
37.18
2027
- -
- -
- -
- -
- -

Company Description

CEO
Sandeep Kumar Kalra
Full Time Employees
27,502
Sector
Technology services
Industry
Information technology services
Address
Bhageerath Pune MA India 411016
IPO Date
Apr 6, 2010
Business
Persistent Systems Limited operates as a global digital engineering and enterprise modernization company. The company offers a comprehensive suite of core products and services including software product engineering; application development and management; cloud and infrastructure services encompassing hybrid and multi-cloud transformation and data center modernization; intelligent automation including business process management and robotic process automation; customer experience (CX) transformation services; data and analytics; enterprise integration; enterprise IT security; and consulting services. Persistent also provides AI-driven solutions under its Persistent.AI platform and supports extensive industry cloud implementations, Salesforce cloud services, and digital platform modernization. It serves clients across various sectors with significant business operations in North America, Europe, and India. Founded in 1990 and headquartered in Pune, India, the company employs over 24,500 people globally. In recent developments, Persistent Systems has focused heavily on expanding its AI capabilities and market position through strategic acquisitions and internal innovations. In 2024, it acquired select assets from US-based SoHo Dragon, enhancing its presence in the BFSI vertical with added employees, contractors, and a customer contract. It also acquired New Jersey-based Starfish Associates, strengthening its AI-powered contact center and unified communications capabilities. Persistent announced the establishment of a GenAI Hub in June 2024 aimed at accelerating development and deployment of generative AI applications. Leadership changes occurred in 2025, including the departure of its COO and appointment of a new COO for technology to drive an AI-led, platform-focused growth strategy. The company reported robust Q2 FY26 financials with $406.2 million revenue and 17.6% year-over-year growth, underpinning its strategic direction toward AI integration and margin expansion. Persistent targets revenue growth toward $2 billion by FY27 and $5 billion by FY31, driven by strong deal momentum in AI and digital transformation services. Persistent Systems operates primarily within the IT services and software engineering industry, targeting enterprise clients requiring digital transformation, cloud modernization, AI integration, and automation solutions. Its geographic footprint extends across major global markets including the United States, Europe, and Asia, positioning it as a key player in international digital services. The company leverages organic growth, acquisitions, and innovation to maintain a competitive edge in digital enterprise solutions. It is publicly traded in India under the ticker PERSISTENT.NS and continues to focus on scale, operational excellence, and strategic partnerships to sustain its industry leadership and growth trajectory.

Company News

  • Persistent annonce un chiffre d'affaires de 487,6 millions de dollars au deuxième trimestre de l'exercice 2027, soit une croissance de 20 % par rapport à l'année précédente.

  • Persistent acquiert une participation majoritaire solide

  • Persistent sichert sich eine starke Mehrheitsbeteiligung

  • Persistent Secures Strong Majority Stake

  • Persistent Achieves $452.4M Revenue in Q1 FY27 with 16.1% YoY Growth

  • Persistent Achieves $452.4M Revenue in Q1 FY27 with 16.1% YoY Growth

  • Persistent Achieves $452.4M Revenue in Q1 FY27 with 16.1% YoY Growth

  • Persistent et Nagarro signent un accord de fusion en vue de créer le groupe Persistent-Nagarro, leader mondial de l'ingénierie numérique pilotée par l'IA

  • Persistent and Nagarro sign Business Combination Agreement to form the Persistent - Nagarro Group, a global leader in AI-led digital engineering

  • Persistent and Nagarro sign Business Combination Agreement to form the Persistent - Nagarro Group, a global leader in AI-led digital engineering

  • Persistent and Nagarro sign Business Combination Agreement to form the Persistent - Nagarro Group, a global leader in AI-led digital engineering

  • Persistent annonce un partenariat avec les San Francisco Unicorns en tant que partenaire officiel de l'initiative Re(AI)magining™

  • Persistent gibt Partnerschaft mit San Francisco Unicorns als offizieller Re(AI)magining™-Partner bekannt

  • Persistent Strengthens Enterprise AI Engineering Talent Pipeline Through Collaboration with Databricks and Milwaukee School of Engineering

  • Persistent erweitert seine Präsenz in Osteuropa, um die KI-gestützte Plattformtransformation voranzutreiben

  • Persistent étend sa présence en Europe de l'Est pour faire progresser la transformation de la plateforme basée sur l'IA

  • Persistent to Expand Eastern European Presence to Advance AI-Led Platform Transformation

  • Persistent to Expand Eastern European Presence to Advance AI-Led Platform Transformation

  • Persistent to Expand Eastern European Presence to Advance AI-Led Platform Transformation

  • Persistent et Kong annoncent un partenariat stratégique destiné à aider les entreprises à sécuriser la mise en production de l'IA