Persistent Systems

    PERSISTENT
    IT
    ₹5516.00
    price as of 11/9/2026, 5:27:53 pm

    Market cap ₹86,177 Cr

    P/E
    45.10
    Day range
    ₹5,444.50 – ₹5,545.50
    52-week range
    ₹4,244.50 – ₹6,599.00
    Volume
    3.35 L
    Open
    ₹5,469.00
    Prev close
    ₹5,509.50
    Promoters pledged 2.9% of their shares
    52-week range, adjusted for splits and bonuses
    ₹4,244.5₹6,599
    30 Jun 202623 Dec 2025
    Index membership & F&O
    NIFTY 200NIFTY 500NIFTY MIDCAP 150NIFTY ITF&O lot 125

    Price history

    6M change +16.18%RSI (14) 48.9 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 30.0% today vs 39.3% average · BSE close ₹5,537.45

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹4,000₹4,500₹5,000₹5,500₹6,0000%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Neutral
    Near-month future
    ₹5,528.5
    Change
    +0.72%
    Basis over spot
    +₹12.50
    Futures OI (shares)
    34.7 L
    OI change
    +0.28%
    Put-call ratio
    0.67
    Max pain
    ₹5,600
    Resistance (call OI)
    ₹5,700
    Support (put OI)
    ₹5,600
    Lot size
    125

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    4600490051005300550057005900610063006600080,0001.6 L2.4 L3.2 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    45.1
    EPS (TTM)
    ₹122.15
    ROE (FY26)
    26.3%
    ROCE (latest year)
    34%
    Dividend yield
    0.73%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +20.9%
    Profit 3Y CAGR
    +26.5%
    Revenue YoY (Jun 2026)
    +29.1%
    Profit YoY (Jun 2026)
    +13.6%
    Operating margin
    16.0%
    Net margin
    11.2%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr1.5K Cr3.0K Cr4.5K Cr6.0K Cr0%5%10%15%20%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • FII
    • Public
    • Others

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.8K Cr-900 Cr0 Cr900 Cr1.8K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%7%14%21%28%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr2.0K Cr4.0K Cr6.0K Cr8.0K Cr0.0x0.0x0.1x0.1x0.2x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales2,4122,4982,5912,7372,8973,0623,2423,3343,5813,7784,0564,303
    Expenses2,0072,0562,1362,2822,4162,5242,6582,7222,8983,0453,2883,606
    Operating Profit405442454455481538584612683733768697
    OPM %17%18%18%17%17%18%18%18%19%19%19%16%
    Other Income373831314743185552-493371
    Interest121210141816181718191929
    Depreciation7479807174827994100101109115
    Profit before tax356389395401435482505555617565674623
    Tax %26%26%20%24%25%23%22%23%24%22%21%22%
    Net Profit263286315306325373396425471439529483
    EPS in Rs₹17.11₹18.59₹20.47₹19.89₹21.02₹24.12₹25.59₹27.17₹30.15₹27.86₹33.55₹30.62

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    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 11.2 times its book value

    Compounded Sales Growth

    10 Years
    +20%
    5 Years
    +29%
    3 Years
    +21%
    TTM
    +25%

    Compounded Profit Growth

    10 Years
    +22%
    5 Years
    +36%
    3 Years
    +28%
    TTM
    +31%

    Stock Price CAGR

    10 Years
    +33%
    5 Years
    +26%
    3 Years
    +24%
    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

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter30.56%30.29%30.29%30.29%0.00 pp
    FII21.24%22.79%22.11%20.79%-1.32 pp
    DII30.60%29.80%30.47%30.25%-0.22 pp
    Public17.14%16.21%16.14%17.99%+1.85 pp
    Others0.45%0.88%0.96%0.66%-0.30 pp

    Filed with NSE for Jun 2026: promoters 30.29%, public 69.04% · XBRL filing

    Analysts & fund holdings

    58%
    58% recommend buy
    31 analysts cover the stock
    Valuation vs Software
    P/E45.1 vs 22.5
    Sector P/B5.70
    Beta1.12

    Who holds the shares, quarter by quarter

    Mutual funds 21.32% (-0.80 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters30.3%
    • Foreign institutions20.8%
    • Mutual funds21.3%
    • Insurance7.4%
    • Other domestic institutions1.5%
    • Retail10.4%
    • Others8.2%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Motilal Oswal Midcap Fund2.29%4.75%-0.66 pp
    HDFC Mid Cap Fund2.17%1.78%+0.33 pp
    HDFC Flexi Cap Fund1.71%1.34%+0.24 pp
    Kotak Mid Cap Fund1.26%1.62%+0.09 pp
    Nippon India Growth Mid Cap Fund1.04%1.76%+0.31 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.

    Corporate actions

    • dividend
      ₹18.00

      Dividend - Rs 18 Per Share

      27 Jul 2026
      ex-date
    • dividend
      ₹22.00

      Interim Dividend - Rs 22 Per Share

      27 Jan 2026
      ex-date
    • dividend
      ₹15.00

      Annual General Meeting/Dividend - Rs 15 Per Share

      14 Jul 2025
      ex-date
    • dividend
      ₹20.00

      Interim Dividend - Rs 20 Per Share

      31 Jan 2025
      ex-date
    • dividend
      ₹10.00

      Annual General Meeting/Dividend - Rs 10 Per Share

      9 Jul 2024
      ex-date
    • split
      Not available — not reported in this filing

      Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share

      28 Mar 2024
      ex-date
    • dividend
      ₹32.00

      Interim Dividend - Rs 32 Per Share

      30 Jan 2024
      ex-date
    • dividend
      ₹12.00

      Annual General Meeting/Dividend - Rs 12 Per Share/ Special Dividend - Rs 10 Per Share

      11 Jul 2023
      ex-date
    • dividend
      ₹28.00

      Interim Dividend - Rs 28 Per Share

      25 Jan 2023
      ex-date
    • dividend
      ₹11.00

      Annual General Meeting/Dividend - Rs 11 Per Share

      11 Jul 2022
      ex-date
    • dividend
      ₹20.00

      Interim Dividend - Rs 20 Per Share

      27 Jan 2022
      ex-date
    • dividend
      ₹6.00

      Annual General Meeting/Dividend - Rs 6 Per Share

      13 Jul 2021
      ex-date
    • dividend
      ₹14.00

      Interim Dividend - Rs 14 Per Share

      9 Feb 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      16 Jul 2020
      ex-date
    • dividend
      ₹3.00

      Interim Dividend - Rs 3 Per Share

      18 Mar 2020
      ex-date
    • dividend
      ₹9.00

      Interim Dividend - Rs 9 Per Share

      6 Feb 2020
      ex-date
    • dividend
      ₹3.00

      Annual General Meeting/Dividend Rs 3/-

      11 Jul 2019
      ex-date
    • dividend
      ₹8.00

      Interim Dividend - Rs 8 Per Share

      4 Feb 2019
      ex-date
    • dividend
      ₹3.00

      Annual General Meeting/Dividend- Rs 3 Per Share

      19 Jul 2018
      ex-date
    • dividend
      ₹7.00

      Interim Dividend - Rs 7/- Per Share (Purpose Revised)

      2 Feb 2018
      ex-date

    Bulk & block deals

    Large deals reported to NSE in this stock
    DateClientTypeQuantityPrice
    1 Sept 2026Short sale11

    Deals of more than 0.5% of shares (bulk), large single trades (block) and short sales, as NSE reports them.

    Company announcements

    Company Update
    Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015

    The Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 is as enclosed.

    Board Meeting
    Board Meeting Outcome for Outcome Of The Board Meeting Held On September 2, 2026

    The Outcome of the Board Meeting held on September 2, 2026, is as enclosed.

    Company Update
    Receipt Of ESG Rating That Has Been Voluntarily Issued By M/S. Crisil ESG Ratings & Analytics Limited

    An intimation regarding the receipt of ESG Rating by Persistent Systems Limited that was voluntarily issued by Crisil ESG Ratings and Analytics Limited, is as enclosed.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    We wish to inform you that the interaction with Millennium Management, UAE, which was scheduled to be held on Tuesday, September 1, 2026, has been cancelled.

    Company Update
    Receipt Of ESG Rating That Has Been Voluntarily Issued By M/S. SES ESG Research Private Limited

    An intimation regarding the receipt of ESG Rating by Persistent Systems Limited which was voluntarily issued by SES ESG Research Private Limited, is as enclosed.

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Intimation Under Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

    Persistent Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/09/2026 ,inter alia, to consider and approve The intimation of the Board ....

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    The Intimation of Investor/Analyst Session scheduled to be held on Tuesday, September 1, 2026, is as enclosed.

    Company Update
    Receipt Of ESG Rating That Has Been Voluntarily Issued By M/S. ESG Risk Assessment & Insights Limited

    An Intimation regarding the receipt of ESG Rating by Persistent Systems Limited that was voluntarily issued by ESG Risk Assessment & Insights Limited, is as enclosed.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    The Outcome of Investor/Analyst session held on Monday, August 24, 2026, is as enclosed.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    The Outcome of Investor/Analyst session held on Thursday, August 20, 2026, is as enclosed.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    The Outcome of Investor/analyst session held on Tuesday, August 18, 2026, is as enclosed.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    The Intimation of Investor/Analyst Sessions Scheduled to be held on Thursday, August 20, 2026, and Monday, August 24, 2026, is as enclosed.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    The Outcome of Investor/analyst session held on Friday, August 14, 2026, is as enclosed.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    The intimation of Investor/Analyst sessions scheduled to be held on Friday, August 14, 2026, and Tuesday, August 18, 2026, is as enclosed.

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    The Press Release titled 'Acceptance Period Commences: Persistent Publishes Public Takeover Offer for all Nagarro Shares', 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 2019
      Read on SEBI
    • Buyback - Public Announcement

      Persistent Systems Limited - Public Announcement

      5 Feb 2019
      Read on SEBI

    Documents

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 22 Jan 2025 (audited). View the source filing. Figures are as filed and are not investment advice.