Persistent Systems Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 27.3%)
- ✓Efficient capital deployment (ROCE 34.4%)
- ✓Virtually debt-free
Concerns
- ✗High premium to book value (P/B 10.1x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TCS Tata Consultancy Services Limited | ₹2,196 | ₹8.9L Cr | 16.9 | 7.42 | 51.8 | 63 | 0.11 |
| INFY Infosys Limited | ₹1,199 | ₹5.2L Cr | 17.1 | 5.24 | 31.9 | 40 | 0.1 |
| HCLTECH HCL Technologies Limited | ₹1,155 | ₹3.4L Cr | 19.4 | 4.17 | 24 | 30.6 | 0.07 |
| WIPRO Wipro Limited | ₹198 | ₹2.2L Cr | 16.7 | 2.36 | 15.5 | 17.9 | 0.23 |
| TECHM Tech Mahindra Limited | ₹1,482 | ₹1.5L Cr | 30.8 | 4.91 | 17.6 | 23.1 | 0.07 |
| LTM LTM Limited | ₹4,026 | ₹1.3L Cr | 23.8 | 4.97 | 23.1 | 29.6 | 0.1 |
| OFSS Oracle Financial Services Software Limited | ₹9,969 | ₹90K Cr | 34.1 | 11.09 | 32.6 | 45.3 | 0 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
PERSISTENT · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 31.06% | 31.02% | 31.02% | 30.66% | 30.66% | 30.66% |
| FII | 24.55% | 24.96% | 22.55% | 23.34% | 24.75% | 24.36% |
| DII | 26.13% | 25.88% | 28.23% | 27.37% | 26.26% | 26.85% |
| Public | 16.91% | 17.03% | 17.51% | 16.96% | 17.22% | 17.28% |
| Others | 1.34% | 1.12% | 0.69% | 1.67% | 1.09% | 0.83% |
Corporate Events
Interim Dividend - Rs 22 Per Share
Annual General Meeting/Dividend - Rs 15 Per Share
Interim Dividend - Rs 20 Per Share
Annual General Meeting/Dividend - Rs 10 Per Share
Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share
Record: 31 Mar 2024
Interim Dividend - Rs 32 Per Share
Annual General Meeting/Dividend - Rs 12 Per Share/ Special Dividend - Rs 10 Per Share
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.1K Cr ▲7.4% | ₹3.8K Cr ▲5.5% | ₹3.6K Cr ▲7.4% | ₹3.3K Cr ▲2.8% | ₹3.2K Cr ▲5.9% | ₹3.1K Cr ▲5.7% | ₹2.9K Cr ▲5.8% | ₹2.7K Cr |
| Op. Profit | ₹768 Cr ▲4.8% | ₹733 Cr ▲7.3% | ₹683 Cr ▲11.6% | ₹612 Cr ▲4.8% | ₹584 Cr ▲8.6% | ₹538 Cr ▲11.9% | ₹481 Cr ▲5.7% | ₹455 Cr |
| OPM | 19.0% ▲0.0% | 19.0% ▲0.0% | 19.0% ▲5.6% | 18.0% ▲0.0% | 18.0% ▲0.0% | 18.0% ▲5.9% | 17.0% ▲0.0% | 17.0% |
| Net Profit | ₹529 Cr ▲20.5% | ₹439 Cr ▼6.8% | ₹471 Cr ▲10.8% | ₹425 Cr ▲7.3% | ₹396 Cr ▲6.2% | ₹373 Cr ▲14.8% | ₹325 Cr ▲6.2% | ₹306 Cr |
| EPS (₹) | 33.55 ▲20.4% | 27.86 ▼7.6% | 30.15 ▲11.0% | 27.17 ▲6.2% | 25.59 ▲6.1% | 24.12 ▲14.7% | 21.02 ▲5.7% | 19.89 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹14.7K Cr ▲23.5% | ₹11.9K Cr ▲21.6% | ₹9.8K Cr ▲17.6% | ₹8.4K Cr ▲46.2% | ₹5.7K Cr ▲36.4% | ₹4.2K Cr ▲17.4% | ₹3.6K Cr ▲5.9% | ₹3.4K Cr ▲10.9% | ₹3.0K Cr ▲5.4% | ₹2.9K Cr |
| Expenses | ₹12.0K Cr ▲21.0% | ₹9.9K Cr ▲21.3% | ₹8.1K Cr ▲19.3% | ₹6.8K Cr ▲43.7% | ₹4.8K Cr ▲35.6% | ₹3.5K Cr ▲14.1% | ₹3.1K Cr ▲9.4% | ₹2.8K Cr ▲9.6% | ₹2.6K Cr ▲6.3% | ₹2.4K Cr |
| Op. Profit | ₹2.8K Cr ▲35.8% | ₹2.1K Cr ▲22.8% | ₹1.7K Cr ▲10.3% | ₹1.5K Cr ▲58.6% | ₹958 Cr ▲40.3% | ₹683 Cr ▲38.5% | ₹493 Cr ▼11.3% | ₹556 Cr ▲18.6% | ₹469 Cr ▲0.9% | ₹465 Cr |
| OPM | 19.0% ▲11.8% | 17.0% ▲0.0% | 17.0% ▼5.6% | 18.0% ▲5.9% | 17.0% ▲6.3% | 16.0% ▲14.3% | 14.0% ▼17.6% | 17.0% ▲13.3% | 15.0% ▼6.3% | 16.0% |
| Other Income | ₹91 Cr ▼34.1% | ₹138 Cr ▲7.8% | ₹128 Cr ▲212.2% | ₹41 Cr ▼71.5% | ₹144 Cr ▲33.3% | ₹108 Cr ▼18.2% | ₹132 Cr ▲50.0% | ₹88 Cr ▼26.1% | ₹119 Cr ▲41.7% | ₹84 Cr |
| Interest | ₹73 Cr ▲9.0% | ₹67 Cr ▲42.6% | ₹47 Cr ▲0.0% | ₹47 Cr ▲291.7% | ₹12 Cr ▲100.0% | ₹6 Cr ▲0.0% | ₹6 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹403 Cr ▲31.3% | ₹307 Cr ▼0.6% | ₹309 Cr ▲13.6% | ₹272 Cr ▲63.9% | ₹166 Cr ▼5.7% | ₹176 Cr ▲6.0% | ₹166 Cr ▲5.7% | ₹157 Cr ▼0.6% | ₹158 Cr ▲6.0% | ₹149 Cr |
| PBT | ₹2.4K Cr ▲32.3% | ₹1.8K Cr ▲25.8% | ₹1.4K Cr ▲16.7% | ₹1.2K Cr ▲34.3% | ₹924 Cr ▲51.7% | ₹609 Cr ▲34.7% | ₹452 Cr ▼7.0% | ₹486 Cr ▲13.3% | ₹429 Cr ▲7.0% | ₹401 Cr |
| Tax % | 23.0% ▲0.0% | 23.0% ▼4.2% | 24.0% ▼7.7% | 26.0% ▲4.0% | 25.0% ▼3.8% | 26.0% ▲4.0% | 25.0% ▼10.7% | 28.0% ▲12.0% | 25.0% ▲0.0% | 25.0% |
| Net Profit | ₹1.9K Cr ▲33.2% | ₹1.4K Cr ▲28.1% | ₹1.1K Cr ▲18.7% | ₹921 Cr ▲33.5% | ₹690 Cr ▲53.0% | ₹451 Cr ▲32.6% | ₹340 Cr ▼3.4% | ₹352 Cr ▲9.0% | ₹323 Cr ▲7.3% | ₹301 Cr |
| EPS (₹) | 118.23 ▲30.6% | 90.54 ▲27.6% | 70.98 ▲17.8% | 60.24 ▲33.4% | 45.15 ▲53.2% | 29.48 ▲32.4% | 22.26 ▲1.3% | 21.98 ▲8.9% | 20.19 ▲7.2% | 18.84 |
| Div Payout | 34.0% ▼12.8% | 39.0% ▲5.4% | 37.0% ▼9.8% | 41.0% ▲20.6% | 34.0% ▲0.0% | 34.0% ▲25.9% | 27.0% ▲8.0% | 25.0% ▲0.0% | 25.0% ▲4.2% | 24.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹79 Cr ▲1.3% | ₹78 Cr ▲1.3% | ₹77 Cr ▲1.3% | ₹76 Cr ▲0.0% | ₹76 Cr ▲0.0% | ₹76 Cr ▲0.0% | ₹76 Cr ▼3.8% | ₹79 Cr ▼1.3% | ₹80 Cr ▲0.0% | ₹80 Cr |
| Reserves | ₹7.8K Cr ▲24.3% | ₹6.2K Cr ▲27.9% | ₹4.9K Cr ▲25.5% | ₹3.9K Cr ▲18.1% | ₹3.3K Cr ▲21.1% | ₹2.7K Cr ▲17.8% | ₹2.3K Cr ▲1.9% | ₹2.3K Cr ▲10.7% | ₹2.0K Cr ▲12.5% | ₹1.8K Cr |
| Borrowings | ₹477 Cr ▲53.4% | ₹311 Cr ▼31.0% | ₹451 Cr ▼31.1% | ₹655 Cr ▲13.3% | ₹578 Cr ▲489.8% | ₹98 Cr ▲38.0% | ₹71 Cr ▲3450.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▼33.3% | ₹3 Cr |
| Other Liabilities | ₹3.1K Cr ▲46.3% | ₹2.1K Cr ▲4.8% | ₹2.0K Cr ▼0.1% | ₹2.0K Cr ▲35.7% | ₹1.5K Cr ▲91.1% | ₹771 Cr ▲21.4% | ₹635 Cr ▲24.8% | ₹509 Cr ▼1.0% | ₹514 Cr ▲18.7% | ₹433 Cr |
| Total Liabilities | ₹11.4K Cr ▲30.4% | ₹8.7K Cr ▲17.8% | ₹7.4K Cr ▲11.9% | ₹6.6K Cr ▲22.1% | ₹5.4K Cr ▲47.8% | ₹3.7K Cr ▲18.6% | ₹3.1K Cr ▲8.3% | ₹2.9K Cr ▲8.0% | ₹2.6K Cr ▲13.2% | ₹2.3K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹2.9K Cr ▲13.5% | ₹2.5K Cr ▲14.4% | ₹2.2K Cr ▼5.1% | ₹2.3K Cr ▲52.6% | ₹1.5K Cr ▲235.7% | ₹457 Cr ▲5.8% | ₹432 Cr ▲7.7% | ₹401 Cr ▼21.7% | ₹512 Cr ▼4.5% | ₹536 Cr |
| CWIP | ₹11 Cr ▼85.7% | ₹77 Cr ▲126.5% | ₹34 Cr ▲112.5% | ₹16 Cr ▼85.0% | ₹107 Cr ▲791.7% | ₹12 Cr ▼60.0% | ₹30 Cr ▼6.3% | ₹32 Cr ▲540.0% | ₹5 Cr ▼82.8% | ₹29 Cr |
| Investments | ₹1.6K Cr ▲64.8% | ₹980 Cr ▲18.5% | ₹827 Cr ▲29.2% | ₹640 Cr ▼22.1% | ₹822 Cr ▼17.8% | ₹1.0K Cr ▲2.1% | ₹979 Cr ▲28.1% | ₹764 Cr ▼13.2% | ₹880 Cr ▲28.7% | ₹684 Cr |
| Other Assets | ₹6.9K Cr ▲34.1% | ₹5.1K Cr ▲18.5% | ₹4.3K Cr ▲19.4% | ₹3.6K Cr ▲22.5% | ₹3.0K Cr ▲34.5% | ₹2.2K Cr ▲33.0% | ₹1.7K Cr ▼0.4% | ₹1.7K Cr ▲33.0% | ₹1.2K Cr ▲14.8% | ₹1.1K Cr |
| Total Assets | ₹11.4K Cr ▲30.4% | ₹8.7K Cr ▲17.8% | ₹7.4K Cr ▲11.9% | ₹6.6K Cr ▲22.1% | ₹5.4K Cr ▲47.8% | ₹3.7K Cr ▲18.6% | ₹3.1K Cr ▲8.3% | ₹2.9K Cr ▲8.0% | ₹2.6K Cr ▲13.2% | ₹2.3K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹1.8K Cr ▲52.7% | ₹1.2K Cr ▼11.1% | ₹1.3K Cr ▲36.2% | ₹956 Cr ▲13.1% | ₹845 Cr ▲14.8% | ₹736 Cr ▲109.1% | ₹352 Cr ▼18.5% | ₹432 Cr ▲2.6% | ₹421 Cr ▲47.2% | ₹286 Cr |
| Investing CF | ₹-610 Cr ▼18.0% | ₹-517 Cr ▲1.5% | ₹-525 Cr ▼37.1% | ₹-383 Cr ▲60.6% | ₹-971 Cr ▼79.8% | ₹-540 Cr ▼8900.0% | ₹-6 Cr ▲97.4% | ₹-233 Cr ▲30.9% | ₹-337 Cr ▼51.8% | ₹-222 Cr |
| Financing CF | ₹-748 Cr ▼19.1% | ₹-628 Cr ▼7.9% | ₹-582 Cr ▼44.1% | ₹-404 Cr ▼322.0% | ₹182 Cr ▲226.4% | ₹-144 Cr ▲56.2% | ₹-329 Cr ▼105.6% | ₹-160 Cr ▼66.7% | ₹-96 Cr ▼65.5% | ₹-58 Cr |
| Net Cash Flow | ₹409 Cr ▲3308.3% | ₹12 Cr ▼93.9% | ₹196 Cr ▲16.0% | ₹169 Cr ▲201.8% | ₹56 Cr ▲7.7% | ₹52 Cr ▲225.0% | ₹16 Cr ▼59.0% | ₹39 Cr ▲425.0% | ₹-12 Cr ▼300.0% | ₹6 Cr |
| Free Cash Flow | ₹1.6K Cr ▲63.1% | ₹964 Cr ▲1.8% | ₹947 Cr ▲80.7% | ₹524 Cr ▲12.9% | ₹464 Cr ▼24.1% | ₹611 Cr ▲120.6% | ₹277 Cr ▼29.9% | ₹395 Cr ▲11.0% | ₹356 Cr ▲408.6% | ₹70 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 53d ▼5.4% | 56d ▼9.7% | 62d ▼10.1% | 69d ▲13.1% | 61d ▲22.0% | 50d ▼18.0% | 61d ▲15.1% | 53d ▼8.6% | 58d ▼3.3% | 60d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 53d ▼5.4% | 56d ▼9.7% | 62d ▼10.1% | 69d ▲13.1% | 61d ▲22.0% | 50d ▼18.0% | 61d ▲15.1% | 53d ▼8.6% | 58d ▼3.3% | 60d |
| Working Capital Days | 73d ▲55.3% | 47d ▲95.8% | 24d ▲20.0% | 20d ▲400.0% | 4d ▼84.0% | 25d ▼32.4% | 37d ▼14.0% | 43d ▼18.9% | 53d ▲8.2% | 49d |
| ROCE | 34.0% ▲13.3% | 30.0% ▲3.4% | 29.0% ▼3.3% | 30.0% ▲15.4% | 26.0% ▲23.8% | 21.0% ▲16.7% | 18.0% ▼10.0% | 20.0% ▲0.0% | 20.0% ▼13.0% | 23.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Persistent Systems Limited
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].
Information Technology · IT - Software