Persistent Systems Ltd

Persistent Sys Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Persistent Systems Ltd

₹ 6,336 -0.69%
06 Dec - close price
persistent.com BSE: 533179 NSE : PERSISTENT
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

Flexible solutions
The company has a few platforms of its own which are pre-built and provide quick integrations. They also have multiple partnerships for integrating other platforms [1]

Website BSE NSE
  • Market Cap ₹ 48,794 Cr.
  • Current Price ₹ 6,336
  • High / Low ₹ 6,625 / 3,764
  • Stock P/E 48.6
  • Book Value ₹ 574
  • Dividend Yield 0.63 %
  • ROCE 30.3 %
  • ROE 25.3 %
  • Face Value ₹ 10.0
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Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 24.6% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 36.6%
  • Company's median sales growth is 17.4% of last 10 years

Cons

  • Stock is trading at 11.0 times its book value

* 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.

Peer comparison

Sector: IT - Software Industry: Computers - Software - Medium / Small

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
1,008 1,075 1,113 1,230 1,351 1,492 1,638 1,878 2,049 2,169 2,254 2,321 2,412
841 893 925 1,028 1,127 1,241 1,357 1,545 1,681 1,768 1,838 1,947 2,007
Operating Profit 166 182 188 202 224 251 281 333 368 402 416 374 405
OPM % 17% 17% 17% 16% 17% 17% 17% 18% 18% 19% 18% 16% 17%
16 30 40 39 32 31 42 21 8 3 9 22 37
Interest 1 1 2 2 2 3 5 8 11 14 15 13 12
Depreciation 44 46 42 35 37 43 51 65 69 68 70 76 74
Profit before tax 138 165 185 203 218 236 267 282 296 323 341 307 356
Tax % 26% 27% 25% 26% 26% 25% 25% 25% 26% 26% 26% 25% 26%
102 121 138 151 162 176 201 212 220 238 252 229 263
EPS in Rs 13.35 15.82 18.03 19.79 21.16 23.08 26.30 27.69 28.79 31.14 32.91 29.74 34.22
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
1,000 1,295 1,669 1,891 2,312 2,878 3,034 3,366 3,566 4,188 5,711 8,351 9,157
776 982 1,255 1,501 1,921 2,413 2,565 2,810 3,073 3,505 4,753 6,831 7,559
Operating Profit 224 313 415 390 392 465 469 556 493 683 958 1,519 1,597
OPM % 22% 24% 25% 21% 17% 16% 15% 17% 14% 16% 17% 18% 17%
34 29 31 94 77 84 119 88 132 108 144 41 71
Interest 0 0 0 0 0 0 0 0 6 6 12 47 53
Depreciation 61 78 103 94 99 149 158 157 166 176 166 272 289
Profit before tax 197 263 343 390 370 401 429 486 452 609 924 1,241 1,326
Tax % 28% 29% 27% 25% 25% 25% 25% 28% 25% 26% 25% 26%
142 188 249 291 277 301 323 352 340 451 690 921 982
EPS in Rs 17.72 23.45 31.16 36.33 34.66 37.68 40.39 43.96 44.53 58.97 90.34 120.52 128.01
Dividend Payout % 17% 19% 19% 41% 23% 24% 25% 25% 27% 34% 34% 41%
Compounded Sales Growth
10 Years: 20%
5 Years: 22%
3 Years: 33%
TTM: 30%
Compounded Profit Growth
10 Years: 17%
5 Years: 25%
3 Years: 41%
TTM: 24%
Stock Price CAGR
10 Years: 31%
5 Years: 60%
3 Years: 73%
1 Year: 53%
Return on Equity
10 Years: 19%
5 Years: 19%
3 Years: 22%
Last Year: 25%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 40 40 40 80 80 80 80 79 76 76 76 76 77
Reserves 801 978 1,182 1,326 1,578 1,819 2,047 2,266 2,309 2,719 3,292 3,889 4,342
1 1 3 4 3 3 2 2 71 98 578 655 555
180 247 318 365 459 433 514 509 635 771 1,473 1,999 1,870
Total Liabilities 1,021 1,267 1,543 1,775 2,120 2,335 2,644 2,856 3,092 3,666 5,419 6,619 6,844
320 350 408 408 437 536 512 401 432 457 1,534 2,341 2,266
CWIP 53 117 31 4 27 29 5 32 30 12 107 16 42
Investments 204 329 489 674 638 684 880 764 979 1,000 822 640 784
445 471 615 689 1,018 1,086 1,247 1,659 1,652 2,197 2,956 3,622 3,752
Total Assets 1,021 1,267 1,543 1,775 2,120 2,335 2,644 2,856 3,092 3,666 5,419 6,619 6,844

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
172 216 281 312 254 286 421 432 352 736 845 956
-128 -171 -198 -230 -86 -222 -337 -233 -6 -540 -971 -383
-24 -39 -50 -66 -127 -58 -96 -160 -329 -144 182 -404
Net Cash Flow 20 7 33 16 41 6 -12 39 16 52 56 169

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 74 69 66 69 67 60 58 53 61 50 61 69
Inventory Days
Days Payable
Cash Conversion Cycle 74 69 66 69 67 60 58 53 61 50 61 69
Working Capital Days 37 39 34 29 40 49 53 43 37 27 6 23
ROCE % 25% 28% 30% 29% 23% 23% 20% 20% 18% 22% 26% 30%

Shareholding Pattern

Numbers in percentages

6 Recently
Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
31.29% 31.29% 31.26% 31.26% 31.26% 31.26% 31.26% 31.26% 31.26% 31.26% 31.06% 31.06%
18.71% 19.26% 19.44% 19.30% 19.92% 20.03% 20.45% 19.81% 20.29% 20.55% 20.50% 21.34%
29.52% 29.59% 29.17% 27.88% 26.88% 26.76% 25.94% 25.92% 26.40% 27.60% 28.04% 28.67%
17.72% 17.22% 17.74% 18.51% 18.71% 18.81% 19.51% 20.44% 19.76% 18.52% 17.99% 16.96%
2.76% 2.64% 2.40% 3.05% 3.23% 3.14% 2.83% 2.56% 2.27% 2.07% 2.41% 1.97%
No. of Shareholders 65,44470,13290,2201,27,5841,51,6101,71,8751,93,0242,14,0912,00,7201,82,3991,87,0821,82,193

* 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.

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Documents

Announcements

Annual reports

DRHP

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