Persistent Systems Ltd

AI

Persistent Systems Ltd

₹ 6,110 0.73%
05 Nov - close price
About

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].

Key Points

Solutions Offered[1] [2] {#
The company is a global digital services and solutions provider specializing in AI-led, platform-driven digital engineering and enterprise modernization. It offers end-to-end capabilities across software and product engineering, data and AI, cloud-enabled enterprise modernization, customer experience (CX) transformation, intelligent automation, and analytics. The company serves diverse industries, including software and high-tech, banking, financial services and insurance (BFSI), and healthcare and life sciences.

  • Market Cap ₹ 1,01,989 Cr.
  • Current Price ₹ 6,110
  • High / Low ₹ 6,599 / 4,243
  • Stock P/E 58.0
  • Book Value ₹ 474
  • Dividend Yield 0.65 %
  • ROCE 35.6 %
  • ROE 26.8 %
  • Face Value ₹ 5.00

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 28.1% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 42.5%
  • Company's median sales growth is 21.4% of last 10 years

Cons

  • Stock is trading at 12.9 times its book value
  • Promoter holding has decreased over last quarter: -1.47%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
1,669 1,669 1,631 2,691 2,847 3,002 3,188 3,258 3,493 3,718 3,958 4,118 4,494
1,296 1,315 1,364 2,371 2,434 2,525 2,782 2,735 2,832 3,034 3,361 3,518 3,749
Operating Profit 373 354 267 320 413 476 405 523 661 685 598 599 745
OPM % 22% 21% 16% 12% 15% 16% 13% 16% 19% 18% 15% 15% 17%
61 40 35 63 50 45 10 46 40 -69 62 50 19
Interest 4 4 4 7 13 12 15 14 15 17 17 27 23
Depreciation 40 41 41 36 41 52 47 62 66 66 72 76 86
Profit before tax 389 348 256 340 409 457 354 493 620 532 570 546 656
Tax % 23% 25% 28% 27% 30% 29% 21% 25% 26% 27% 26% 26% 26%
298 260 184 248 286 326 281 367 459 388 420 402 483
EPS in Rs 19.39 16.88 11.94 16.09 18.49 21.07 18.17 23.48 29.34 24.59 26.63 25.48 30.61
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
1,242 1,447 1,733 1,733 1,960 2,108 2,480 3,575 5,118 6,514 11,728 14,428 16,289
940 1,122 1,363 1,351 1,579 1,675 1,869 2,705 3,964 5,183 10,113 11,961 13,662
Operating Profit 303 326 370 381 381 434 611 870 1,154 1,331 1,615 2,466 2,627
OPM % 24% 22% 21% 22% 19% 21% 25% 24% 23% 20% 14% 17% 16%
96 79 95 128 104 159 118 132 44 164 158 78 62
Interest 0 0 0 0 0 4 4 7 13 17 47 63 84
Depreciation 49 59 61 54 46 56 57 84 134 162 176 266 301
Profit before tax 349 346 404 455 438 533 668 912 1,050 1,317 1,549 2,216 2,304
Tax % 26% 28% 27% 25% 28% 23% 24% 25% 25% 25% 27% 26%
259 250 294 342 315 408 505 686 791 986 1,130 1,635 1,693
EPS in Rs 16.21 15.60 18.38 21.38 19.69 26.67 33.03 44.86 51.74 63.98 73.09 103.64 107.31
Dividend Payout % 46% 26% 24% 23% 28% 22% 30% 35% 48% 41% 48% 39%
Compounded Sales Growth
10 Years: 26%
5 Years: 42%
3 Years: 41%
TTM: 26%
Compounded Profit Growth
10 Years: 22%
5 Years: 28%
3 Years: 27%
TTM: 23%
Stock Price CAGR
10 Years: 34%
5 Years: 25%
3 Years: 25%
1 Year: 4%
Return on Equity
10 Years: 21%
5 Years: 23%
3 Years: 24%
Last Year: 27%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 80 80 80 80 79 76 76 76 76 77 78 79 79
Reserves 1,275 1,485 1,734 1,973 2,142 2,222 2,689 3,242 3,865 4,702 5,525 6,631 7,392
4 3 3 2 2 37 39 76 156 151 232 394 499
203 221 242 224 266 326 471 549 801 1,078 1,817 3,576 3,110
Total Liabilities 1,562 1,789 2,059 2,279 2,489 2,662 3,275 3,944 4,899 6,007 7,652 10,680 11,080
307 292 272 244 221 237 276 419 688 604 872 1,145 1,326
CWIP 4 1 3 1 7 19 11 107 16 33 77 38 9
Investments 769 769 943 1,142 1,084 1,354 1,415 1,308 1,403 1,670 1,777 2,604 2,331
482 727 841 891 1,176 1,052 1,573 2,110 2,792 3,700 4,927 6,893 7,414
Total Assets 1,562 1,789 2,059 2,279 2,489 2,662 3,275 3,944 4,899 6,007 7,652 10,680 11,080

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
281 165 195 356 339 276 657 586 520 547 717 1,807
-214 -37 -141 -275 -154 41 -496 -393 -107 -29 -163 -729
-66 -127 -58 -96 -159 -321 -128 -223 -346 -315 -517 -718
Net Cash Flow 2 1 -5 -14 26 -3 33 -30 67 202 38 360
Free Cash Flow 225 118 151 333 313 228 586 314 172 438 564 1,618
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 123% 79% 79% 123% 126% 92% 132% 94% 70% 65% 75% 97%

Ratios

Standalone / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 75 96 101 72 45 50 44 45 75 94 79 81
Inventory Days
Days Payable
Cash Conversion Cycle 75 96 101 72 45 50 44 45 75 94 79 81
Working Capital Days 48 92 91 96 63 55 32 42 68 82 67 55
ROCE % 27% 22% 23% 23% 19% 23% 25% 29% 29% 29% 29% 36%

Insights

In beta
Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
BFSI Vertical Revenue Mix
% of Revenue

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Number of Clients with $1M+ Annual Revenue
Clients
Number of Large Clients (>$5M Annual Revenue)
Clients
Total Headcount
Employees
Attrition Rate (TTM)
%
TTM Annual Contract Value (ACV) Bookings
USD M
TTM Total Contract Value (TCV) Bookings
USD M
Utilization Rate (Including Trainees)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026Oct 2026
31.02% 31.02% 30.66% 30.66% 30.66% 30.56% 30.56% 30.29% 30.29% 30.29% 30.29% 28.82%
24.96% 22.55% 23.34% 24.75% 24.36% 24.19% 21.24% 22.79% 22.11% 20.79% 20.79% 21.30%
25.88% 28.23% 27.37% 26.26% 26.85% 27.77% 30.60% 29.80% 30.47% 30.25% 31.96% 34.04%
17.03% 17.51% 16.96% 17.22% 17.28% 16.88% 17.14% 16.21% 16.14% 17.99% 16.39% 15.09%
1.12% 0.69% 1.67% 1.09% 0.83% 0.60% 0.45% 0.88% 0.96% 0.66% 0.55% 0.75%
No. of Shareholders 1,89,5702,30,0632,28,5342,39,6822,38,7952,43,4412,54,8972,33,7872,40,5182,84,9832,50,8722,42,461

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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