Persistent Systems Ltd
NSE: PERSISTENT · Computers - Software & Consulting · sector
₹5,850.00NSE close 2026-10-26
Key numbers
Market cap₹92,284 cr
Price₹5,850.00
52w high / low₹6,599 / ₹4,244
P/E50.8xSector median 17.5x
P/B10.7xSector median 2.7x
Book value₹544.5
Dividend yield0.63%Sector median 1.66%
ROE22.9%Sector median 14.4%
ROCE28.2%Sector median 15.3%
OPM16.3%Sector median 16.9%
Debt / equity0.00xSector median 0.04x
EV/EBITDA32.8xSector median 13.2x
Interest cover23.2x
Current ratio2.02x
Sales growth 3y+20.9%Sector median +10.8%
Profit growth 3y+26.5%Sector median +14.9%
PEG2.06x
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 80 companies in Computers - Software & Consulting (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2,133 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 23.2x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY25).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 9% of net profit in the last 12 months.
- Debtor days went from 62 (FY24) to 83 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹5,850.00 on 2026-10-26: -11.4% from the 52-week high, +37.8% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹6,674.20 · low ₹4,330.20
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,062 | 3,242 | 3,334 | 3,581 | 3,778 | 4,056 | 4,303 | 4,664 |
| EBITDA | 538 | 584 | 612 | 683 | 644 | 768 | 697 | 633 |
| OPM % | 17.6% | 18.0% | 18.3% | 19.1% | 17.0% | 18.9% | 16.2% | 13.6% |
| Other income | 43 | 18 | 55 | 52 | 40 | 33 | 71 | 24 |
| Net profit | 373 | 396 | 448 | 471 | 439 | 529 | 483 | 352 |
| EPS (₹) | 24.28 | 25.64 | 27.43 | 30.31 | 28.15 | 33.83 | 30.88 | 22.42 |
| Revenue YoY | +23.4% | +25.1% | +29.1% | +30.3% | ||||
| Profit YoY | +17.8% | +33.7% | +7.8% | -25.4% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 5,711 | 8,351 | 9,822 | 11,939 | 14,748 | 16,801 |
| EBITDA | 958 | 1,489 | 1,676 | 2,058 | 2,706 | 2,742 |
| Net profit | 690 | 921 | 1,093 | 1,400 | 1,865 | 1,803 |
| EPS (₹) | 45.17 | 61.87 | 72.44 | 91.22 | 119.74 | 115.28 |
| Revenue growth | +46.2% | +17.6% | +21.6% | +23.5% | +27.1% | |
| Profit growth | +33.4% | +18.7% | +28.0% | +33.2% | +6.8% | |
| Dividend / share (₹) | 26.00 | 39.00 | 44.00 | 30.00 | 37.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +20.9% | +28.6% | +27.1% |
| Net profit | +26.5% | +32.9% | +6.8% |
| EPS | +24.6% | +32.4% | – |
| Share price | – | +5.7% (2y) | +1.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 3,965 | 4,958 | 6,319 | 7,838 |
| Borrowings | – | 429 | 207 | 0 | 0 |
| Cash & equivalents | – | 1,091 | 1,296 | 1,364 | 2,133 |
| Total assets | – | 6,619 | 7,374 | 8,737 | 11,377 |
| Fixed assets | – | 486 | 442 | 815 | 397 |
| Capital work in progress | – | 16 | 34 | 4 | 11 |
| Investments | – | 452 | 554 | 642 | 700 |
| Receivables | – | 1,570 | 1,676 | 1,848 | 3,334 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 569 | 814 | 889 | 1,134 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 845 | 956 | 1,221 | 1,157 | 1,767 |
| Cash from investing | -971 | -421 | -469 | -434 | -610 |
| Cash from financing | 182 | -404 | -559 | -628 | -748 |
| Capex | 385 | 433 | 284 | 433 | 13 |
| Free cash flow | 460 | 522 | 937 | 724 | 1,754 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 23.2% | 22.1% | 22.2% | 23.8% |
| ROCE % | – | 29.3% | 28.9% | 29.9% | 31.7% |
| Debtor days | – | 69 | 62 | 56 | 83 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 25 | 30 | 27 | 28 |
| Cash conversion cycle (days) | – | 44 | 32 | 29 | 55 |
| Working capital days | – | 68 | 73 | 88 | 103 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 30.29% |
| FIIs | 20.79% |
| DIIs | 31.96% |
| of which Mutual funds | 21.79% |
| of which Insurance | 8.62% |
| Government | 0.00% |
| Public (non-institutions) | 16.40% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 30.66% | 30.66% | 30.56% | 30.56% | 30.29% | 30.29% | 30.29% | 30.29% |
| Promoter group | % |
|---|---|
| Anand Suresh Deshpande | 29.02% |
| Chitra Hemadri Buzruk | 0.60% |
| Mukund Suresh Deshpande | 0.47% |
| Sonali Anand Deshpande | 0.14% |
| Arul Anand Deshpande | 0.01% |
| Chinmay Hemadri Buzruk | 0.01% |
| Gayatri Hemadri Buzruk | 0.01% |
| Ria Anand Deshpande | 0.01% |
| Hemadri Narayan Buzruk | 0.01% |
| Padmakar Govind Khare | 0.00% |
| Sulabha Suresh Deshpande | 0.00% |
| Suresh Purushottam Deshpande | 0.00% |
| Rama Purushottam Foundation | 0.00% |
| Public holders above 1% | % |
|---|---|
| Hdfc Mutual Fund - Hdfc Mid-Cap Fund | 4.45% |
| Life Insurance Corporation Of India | 3.48% |
| Motilal Oswal Midcap Fund | 2.81% |
| Sbi Life Insurance Co. Ltd | 2.02% |
| Aditya Birla Sun Life Mutual Fund - Aditya Birla Sun Life Flexi Cap Fund | 1.97% |
| Nippon Life India Trustee Ltd- A/C Nippon India Growth Mid Cap Fund | 1.81% |
| Kotak Midcap Fund | 1.57% |
| Mirae Asset Large & Midcap Fund | 1.56% |
| Uti-Flexi Cap Fund | 1.46% |
| Shridhar Bhalchandra Shukla | 1.40% |
| Hdfc Life Insurance Company Limited | 1.24% |
| Government Pension Fund Global | 1.22% |
| Nps Trust- A/C Hdfc Pension Fund Management Limited Scheme E - Tier I | 1.17% |
2,50,872 shareholders. Pledged: 0.00% of promoter shares.
Peers in Computers - Software & Consulting
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TCS | ₹9,17,670 cr | 17.8x | 7.7x | 45.8% | 59.1% | 25.0% | +5.8% | 4.31% |
| INFY | ₹4,72,230 cr | 15.7x | 5.1x | 32.1% | 44.9% | 23.0% | +6.8% | 3.95% |
| HCLTECH | ₹3,84,716 cr | 20.9x | 5.0x | 24.9% | 31.9% | 19.9% | +8.7% | 3.80% |
| WIPRO | ₹1,87,403 cr | 14.8x | 2.4x | 16.0% | 19.6% | 19.3% | +0.8% | 6.18% |
| TECHM | ₹1,59,037 cr | 28.8x | 5.4x | 16.1% | 25.2% | 16.8% | +2.2% | 2.53% |
| LTM | ₹1,20,617 cr | 23.1x | 4.7x | 21.2% | 28.2% | 16.7% | +8.4% | 1.66% |
| PERSISTENT | ₹92,284 cr | 50.8x | 10.7x | 22.9% | 28.2% | 16.3% | +20.9% | 0.63% |
| COFORGE | ₹66,873 cr | 40.5x | 7.0x | 21.6% | 24.9% | 17.3% | +27.0% | 0.81% |
| MPHASIS | ₹48,819 cr | 25.5x | 4.5x | 18.8% | 22.3% | 18.4% | +4.8% | 2.23% |
| HEXT | ₹36,152 cr | 26.9x | 5.4x | 21.5% | 27.6% | 14.2% | – | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Software, Hi-Tech and Emerging Industries | ₹5,883 cr | 39.9% | ₹2,059 cr | 35.0% |
| BFSI | ₹5,093 cr | 34.5% | ₹1,769 cr | 34.7% |
| Healthcare & Life Sciences | ₹3,772 cr | 25.6% | ₹1,403 cr | 37.2% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-27 | Dividend | Dividend - Rs 18 Per Share |
| 2026-01-27 | Dividend | Interim Dividend - Rs 22 Per Share |
| 2025-07-14 | Dividend | Annual General Meeting/Dividend - Rs 15 Per Share |
| 2025-01-31 | Dividend | Interim Dividend - Rs 20 Per Share |
| 2024-07-09 | Dividend | Annual General Meeting/Dividend - Rs 10 Per Share |
| 2024-03-28 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share |
| 2024-01-30 | Dividend | Interim Dividend - Rs 32 Per Share |
| 2023-07-11 | Dividend | Annual General Meeting/Dividend - Rs 12 Per Share/ Special Dividend - Rs 10 Per Share |
| 2023-01-25 | Dividend | Interim Dividend - Rs 28 Per Share |
| 2022-07-11 | Dividend | Annual General Meeting/Dividend - Rs 11 Per Share |
| 2022-01-27 | Dividend | Interim Dividend - Rs 20 Per Share |
| 2021-07-13 | Dividend | Annual General Meeting/Dividend - Rs 6 Per Share |
| 2021-02-09 | Dividend | Interim Dividend - Rs 14 Per Share |
| 2020-07-16 | Other | Annual General Meeting |
| 2020-03-18 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2020-02-06 | Dividend | Interim Dividend - Rs 9 Per Share |
| 2019-07-11 | Dividend | Annual General Meeting/Dividend Rs 3/- |
| 2019-02-04 | Dividend | Interim Dividend - Rs 8 Per Share |
| 2018-07-19 | Dividend | Annual General Meeting/Dividend- Rs 3 Per Share |
| 2018-02-02 | Dividend | Interim Dividend - Rs 7/- Per Share (Purpose Revised) |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Software and IT consulting (GICS classification – Information Technology – Software and Services): Software enabled product engineering and designing and R&D services
- IP products (IP LED Services): AMC, Royalty, licence sales (Owned & Third-party), any customization work on owned products etc
| Sector | Information Technology |
| Industry | Computers - Software & Consulting |
| Sub-industry | Computers - Software & Consulting |
| Symbol | PERSISTENT |
| BSE code | 533179 |
| ISIN | INE262H01021 |
| Face value | ₹5.0 |
| Incorporated | 1990-05-30 |
| Website | www.persistent.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.