Persistent Systems
Market cap ₹89,851 Cr
- P/E
- 50.10
- Day range
- ₹5,674.50 – ₹5,914.50
- 52-week range
- ₹4,244.50 – ₹6,599.00
- Volume
- 11.73 L
- Open
- ₹5,810.00
- Prev close
- ₹5,740.50
Latest results · Q2 FY27(consolidated)Revenue ₹4,664 Cr+30.3%Profit ₹352 Cr-25.4%Margin 7.5%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
PERSISTENT in NSE indices and F&O
F&O margin for one lot of PERSISTENT (125 shares)Research profile
Composite 58 / 100Factor percentiles
Derived metrics
- Earn. yield
- 2.0%
- Graham no.
- ₹1,203.51
- vs Graham
- -79.0%
- ROE ÷ P/B
- 2.5%
- 12-1 mom.
- +0.5%
- Return / vol
- 0.21
- Magic Formula
- #219
- Piotroski
- 4/6
- FCF yield
- 1.7%
- PEG
- 1.49
Appears in 10 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 39 in IT| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Tata Consultancy ServicesTCS | ₹9.15 L Cr | 17.73 | 7.69 | 49.0% | 63.0% | 26.0% | 0.10 | +11.2% |
| InfosysINFY | ₹4.67 L Cr | 15.36 | 5.12 | 31.2% | 40.0% | 24.0% | 0.10 | +14.0% |
| HCL TechnologiesHCLTECH | ₹3.85 L Cr | 21.04 | 5.08 | 23.0% | 30.0% | 21.0% | 0.08 | +11.5% |
| WiproWIPRO | ₹1.88 L Cr | 14.91 | 2.38 | 15.6% | 18.0% | 20.0% | 0.28 | +9.1% |
| Tech MahindraTECHM | ₹1.75 L Cr | 28.77 | 5.91 | 16.9% | 23.0% | 18.0% | 0.07 | +15.6% |
| LTIMindtreeLTM | ₹1.23 L Cr | 23.60 | 4.74 | 21.3% | 30.0% | 18.0% | 0.09 | +13.6% |
| Persistent SystemsPERSISTENT | ₹89,851 Cr | 50.10 | 10.53 | 26.3% | 34.0% | 14.0% | 0.07 | +30.2% |
| Oracle Financial ServicesOFSS | ₹84,289 Cr | 24.73 | 10.96 | 32.6% | 45.0% | 49.0% | 0.00 | +6.6% |
| Sector median | ₹12,855 Cr | 25.98 | 4.74 | 17.6% | 22.0% | 18.0% | 0.09 | +17.5% |
Sector as classified in the tracked universe; medians use every tracked IT company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 3d agoHeadlines about Persistent Systems from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 48.4
- EPS (TTM)
- ₹122.15
- Price / Book
- 10.53
- ROE (FY26)
- 26.3%
- ROCE (latest year)
- 34%
- Dividend yield
- 0.70%
Moving averages (NSE)
- 20-day
- ₹5,592.6
- Price above
- 50-day
- ₹5,571.04
- Price above
- 200-day
- ₹5,335.23
- Price above
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- DII
- Promoter
- FII
- Public
- Others
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the split of 28 Mar 2024: earlier bars are per pre-split share.
Financial statements
| Line item | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,498 | 2,591 | 2,737 | 2,897 | 3,062 | 3,242 | 3,334 | 3,581 | 3,778 | 4,056 | 4,303 | 4,664 |
| Expenses | 2,056 | 2,136 | 2,282 | 2,416 | 2,524 | 2,658 | 2,722 | 2,898 | 3,045 | 3,288 | 3,606 | 4,030 |
| Operating Profit | 442 | 454 | 455 | 481 | 538 | 584 | 612 | 683 | 733 | 768 | 697 | 633 |
| OPM % | 18% | 18% | 17% | 17% | 18% | 18% | 18% | 19% | 19% | 19% | 16% | 14% |
| Other Income | 38 | 31 | 31 | 47 | 43 | 18 | 55 | 52 | -49 | 33 | 71 | 24 |
| Interest | 12 | 10 | 14 | 18 | 16 | 18 | 17 | 18 | 19 | 19 | 29 | 38 |
| Depreciation | 79 | 80 | 71 | 74 | 82 | 79 | 94 | 100 | 101 | 109 | 115 | 167 |
| Profit before tax | 389 | 395 | 401 | 435 | 482 | 505 | 555 | 617 | 565 | 674 | 623 | 454 |
| Tax % | 26% | 20% | 24% | 25% | 23% | 22% | 23% | 24% | 22% | 21% | 22% | 23% |
| Net Profit | 286 | 315 | 306 | 325 | 373 | 396 | 425 | 471 | 439 | 529 | 483 | 352 |
| EPS in Rs | ₹18.59 | ₹20.47 | ₹19.89 | ₹21.02 | ₹24.12 | ₹25.59 | ₹27.17 | ₹30.15 | ₹27.86 | ₹33.55 | ₹30.62 | ₹22.28 |
From company filings, updated 24 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
+33 days since Mar 2021
+33 days since Mar 2021
+25 days since Mar 2021
Strengths, risks & growth
Persistent Systems provides software engineering and strategy services to help companies implement and modernize their businesses. It has its own software and frameworks with pre-built integration and acceleration [1] . It also has partnership with providers such as Salesforce and AWS [2] .
Strengths
- Company is almost debt free.
- Company has delivered good profit growth of 35.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.6%
- Company has been maintaining a healthy dividend payout of 36.5%
- Company's median sales growth is 19.6% of last 10 years
Risks
- Stock is trading at 10.5 times its book value
Compounded Sales Growth
- 10 Years
- +20%
- 5 Years
- +29%
- 3 Years
- +21%
- TTM
- +27%
Compounded Profit Growth
- 10 Years
- +22%
- 5 Years
- +36%
- 3 Years
- +28%
- TTM
- +12%
Stock Price CAGR
- 10 Years
- +33%
- 5 Years
- +24%
- 3 Years
- +25%
- 1 Year
- -2%
Return on Equity
- 10 Years
- +22%
- 5 Years
- +25%
- 3 Years
- +26%
- Last Year
- +27%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 30.29% | 30.29% | 30.29% | 30.29% | 0.00 pp |
| FII | 22.79% | 22.11% | 20.79% | 20.79% | 0.00 pp |
| DII | 29.80% | 30.47% | 30.25% | 31.96% | +1.71 pp |
| Public | 16.21% | 16.14% | 17.99% | 16.39% | -1.60 pp |
| Others | 0.88% | 0.96% | 0.66% | 0.55% | -0.11 pp |
Filed with NSE for Sept 2026: promoters 30.29%, public 69.15% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 21.91% (+0.45 pp)- Promoters30.5%
- Foreign institutions20.9%
- Mutual funds21.9%
- Insurance8.7%
- Other domestic institutions1.6%
- Retail9.5%
- Others7.0%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| HDFC Mid Cap Fund | 2.02% | 1.78% | +0.34 pp |
| Motilal Oswal Midcap Fund | 1.98% | 4.43% | -0.16 pp |
| HDFC Flexi Cap Fund | 1.59% | 1.32% | +0.23 pp |
| Kotak Mid Cap Fund | 1.18% | 1.60% | +0.36 pp |
| Nippon India Growth Mid Cap Fund | 0.96% | 1.73% | +0.28 pp |
Scorecard
- Performance
- Avg
- Valuation
- High
- Growth
- Avg
- Profitability
- High
- Entry point
- Avg
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 34.7%
- Downside volatility
- 36.4%
- Worst 5% of days
- 4.4%
- Average of that tail
- 5.7%
- Max drawdown (1Y)
- 34.5%
- Below its peak
- 12.7%
Against the market
- Beta vs Nifty 50
- 0.91
- Correlation
- 0.35
- Relative strength (3M)
- +19.8%
- ATR (14)
- 3.4%
Return
- Return 1M
- +6.7%
- Return 3M
- +14.5%
- Return 6M
- +12.9%
- Return 1Y
- +7.3%
- vs 200-day average
- +7.4%
Momentum
- RSI (14)
- 54.4
- MACD histogram
- 12.37
- Stochastic %K
- 49.2
- ADX (14)
- 19.5
- +DI / −DI
- 24.5 / 19.0
- Money flow index
- 52.4
Participation
- Delivery (20d avg)
- 40.5%
- vs its 60-day baseline
- +0.6 pts
- Volume vs 20-day
- +1.0σ
- Close vs day's VWAP
- -0.9%
- 52-week position
- 63 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
4 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — passed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — failed
- Current ratio improving — passed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — passed
- Asset turnover improving — failed
- Free cash flow
- ₹1,559 Cr
- FCF yield
- 1.7%
- Cash conversion
- 0.95
- Accruals ratio
- 0.009
- Net debt
- -₹597 Cr
- Net debt / equity
- -0.08
- EV / sales
- 5.31
- PEG
- 1.49
- Capex intensity
- 1.4%
- Revenue CAGR
- 25.1%
- Profit CAGR
- 33.7%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Corporate actions
- dividend₹18.00
Dividend - Rs 18 Per Share
27 Jul 2026ex-date - dividend₹22.00
Interim Dividend - Rs 22 Per Share
27 Jan 2026ex-date - dividend₹15.00
Annual General Meeting/Dividend - Rs 15 Per Share
14 Jul 2025ex-date - dividend₹20.00
Interim Dividend - Rs 20 Per Share
31 Jan 2025ex-date - dividend₹10.00
Annual General Meeting/Dividend - Rs 10 Per Share
9 Jul 2024ex-date - splitNot available — not reported in this filing
Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share
28 Mar 2024ex-date - dividend₹32.00
Interim Dividend - Rs 32 Per Share
30 Jan 2024ex-date - dividend₹12.00
Annual General Meeting/Dividend - Rs 12 Per Share/ Special Dividend - Rs 10 Per Share
11 Jul 2023ex-date - dividend₹28.00
Interim Dividend - Rs 28 Per Share
25 Jan 2023ex-date - dividend₹11.00
Annual General Meeting/Dividend - Rs 11 Per Share
11 Jul 2022ex-date - dividend₹20.00
Interim Dividend - Rs 20 Per Share
27 Jan 2022ex-date - dividend₹6.00
Annual General Meeting/Dividend - Rs 6 Per Share
13 Jul 2021ex-date - dividend₹14.00
Interim Dividend - Rs 14 Per Share
9 Feb 2021ex-date - otherNot available — not reported in this filing
Annual General Meeting
16 Jul 2020ex-date - dividend₹3.00
Interim Dividend - Rs 3 Per Share
18 Mar 2020ex-date - dividend₹9.00
Interim Dividend - Rs 9 Per Share
6 Feb 2020ex-date - dividend₹3.00
Annual General Meeting/Dividend Rs 3/-
11 Jul 2019ex-date - dividend₹8.00
Interim Dividend - Rs 8 Per Share
4 Feb 2019ex-date - dividend₹3.00
Annual General Meeting/Dividend- Rs 3 Per Share
19 Jul 2018ex-date - dividend₹7.00
Interim Dividend - Rs 7/- Per Share (Purpose Revised)
2 Feb 2018ex-date
Company announcements
The intimation of allotment of 400,000 equity shares of INR 5 each to the ESOP Trust of the Company on October 2, 2026, is as enclosed.
The Intimation of the closure of trading window is as enclosed.
The Outcome of Investor sessions held on Wednesday, September 30, 2026, is as enclosed.
The Update on the Investor sessions scheduled to be held on Wednesday, September 30, 2026, is as enclosed.
The Outcome of Investor sessions held on Tuesday, September 29, 2026, is as enclosed.
The Outcome of Investor sessions held on Monday, September 28, 2026, is as enclosed.
The Intimation of Investor sessions scheduled to be held on Wednesday, September 30, 2026, is as enclosed.
The Update on the Investor sessions scheduled to be held on Tuesday, September 29, 2026, is as enclosed.
The Outcome of Investor sessions held on Friday, September 25, 2026, is as enclosed.
The Outcome of Investor sessions held on Thursday, September 24, 2026, is as enclosed.
The Update on the Investor sessions scheduled to be held on Tuesday, September 29, 2026, is as enclosed.
The Outcome of Investor sessions held on Wednesday, September 23, 2026, is as enclosed.
The Update on the Investor sessions scheduled to be held on Friday, September 25, 2026, is as enclosed.
The Intimation of Investor sessions scheduled to be held on Monday, September 28, 2026, and Tuesday, September 29, 2026, is as enclosed.
The Outcome of Investor sessions held on Tuesday, September 22, 2026, is as enclosed.
Filed with BSE (scrip 533179); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Buybacks, open offers & rights issues
- Buyback - Post Public Advertisement
Persistent Systems Limited - Post Public Advertisement
8 Jul 2019Read on SEBI - Buyback - Public Announcement
Persistent Systems Limited - Public Announcement
5 Feb 2019Read on SEBI
Documents
Annual reports
Earnings calls
- Oct 2026TranscriptSlidesRecording
- Sep 2026Slides
- Aug 2026TranscriptSlides
- Apr 2026TranscriptSlidesRecording
- Jan 2026TranscriptSlidesRecording
- Oct 2025TranscriptSlidesRecording
Credit ratings
- Rating update · 2d from icra
- Rating update · 21 Oct from crisil
- Rating update · 9 Oct from icra
- Rating update · 7 Jul from icra
- Rating update · 5 Mar from icra
- Rating update · 21 Jan 2025 from icra
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 16 Oct 2026 (audited). View the source filing. Figures are as filed and are not investment advice.
Persistent Systems: common questions
Answered from the figures on this page.
