āagman

Not investment advice. Data and computed figures, for information only.

Persistent Systems Ltd

NSE: PERSISTENTF&O
₹5,840.00
−₹58.00 (−0.98%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹91,022 Cr
CMP
₹5,840.00
52-wk High / Low
₹6,599 / 4,245
P/E
45.7
P/B
11.6
Book Value
₹497.0
Div Yield
0.69%
ROCE
34.0%
ROE
27.2%
Face Value
₹5
D/E
0.06

Price+9.0% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹1,150
√(22.5 × EPS × book value per share)
ROIC
22.3%
vs 13.5% sector median
Cash flow to profit
0.95
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−216
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
18.6%
ROE × earnings retention ratio
ROE stability
1.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −1.32DII +1.49
Latest quarter vs the previous one
Cash-accrual divergence
1.0%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.1x)
+FII holding rose by 0.2pp over the last year
Watch-outs
−Borrowings are up 15800% since FY2016 (3 to 477)
−Promoter holding fell by 1.0pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,3212,4122,4982,5912,7372,8973,0623,2423,3343,5813,7784,0564,303
Expenses1,9472,0072,0562,1362,2822,4162,5242,6582,7222,8983,0453,2883,606
Operating Profit374405442454455481538584612683733768697
OPM %16.1%16.8%17.7%17.5%16.6%16.6%17.6%18.0%18.4%19.1%19.4%18.9%16.2%
Other Income22373831314743185552−493371
Interest13121210141816181718191929
Depreciation767479807174827994100101109115
Profit before tax307356389395401435482505555617565674623
Net Profit229263286315306325373396425471439529483
EPS (₹)14.8617.1118.5920.4719.8921.0224.1225.5927.1730.1527.8633.5530.62

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,8912,3122,8783,0343,3663,5664,1885,7118,3519,82211,93914,74815,718
Expenses1,5011,9212,4132,5652,8103,0733,5054,7536,8318,1469,88111,95312,837
Operating Profit3903924654695564936839581,5191,6762,0582,7962,881
OPM %20.6%17.0%16.2%15.5%16.5%13.8%16.3%16.8%18.2%17.1%17.2%19.0%18.3%
Other Income947784119881321081444112813891107
Interest0000066124747677385
Depreciation9499149158157166176166272309307403424
Profit before tax3903704014294864526099241,2411,4481,8222,4112,479
Net Profit2912773013233523404516909211,0931,4001,8651,923
EPS (₹)18.1617.3318.8420.1921.9822.2629.4845.1560.2470.9890.54118.23122.18

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital808080807976767676777879—
Reserves1,3261,5781,8192,0472,2662,3092,7193,2923,8894,8816,2417,759—
Borrowings433227198578655451311477—
Other Liabilities3654594335145096357711,4731,9991,9972,0923,029—
Total Liabilities1,7752,1202,3352,6442,8563,0923,6665,4196,6197,4058,72211,344—
Fixed Assets4084375365124014324571,5342,3412,2212,5412,856—
CWIP42729532301210716347738—
Investments6746386848807649791,0008226408279801,615—
Other Assets6891,0181,0861,2471,6591,6522,1972,9563,6224,3245,1236,836—
Total Assets1,7752,1202,3352,6442,8563,0923,6665,4196,6197,4058,72211,344—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3122542864214323527368459561,3021,1571,767
Cash from Investing Activity−230−86−222−337−233−6−540−971−383−525−517−618
Cash from Financing Activity−66−127−58−96−160−329−144182−404−582−628−748
Net Cash Flow16416−123916525616919612401

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %29.023.023.020.020.018.021.026.030.029.031.034.0
ROE %———————————27.2
EPS (₹)18.1617.3318.8420.1921.9822.2629.4845.1560.2470.9890.54118.23
Book Value (₹)———————————497.0
Face Value (₹)———————————5
P/E———————————45.7
Div Yield %———————————0.69
NPM %14.711.610.210.210.29.210.511.811.011.011.612.6
OPM %21.017.016.015.017.014.016.017.018.017.017.019.0
D/E0.000.000.000.000.000.030.040.170.170.090.050.06
P/B———————————11.6

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+20.0%
5 years+29.0%
3 years+21.0%
TTM+25.0%
Compounded profit growth
10 years+22.0%
5 years+36.0%
3 years+28.0%
TTM+31.0%
Stock price CAGR
10 years+33.0%
5 years+24.0%
3 years+26.0%
Last year+8.0%
Return on equity
10 years22.0%
5 years25.0%
3 years26.0%
Last year27.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters35.02%35.02%35.02%30.49%30.61%31.44%31.29%31.26%31.26%31.02%30.66%30.29%30.29%
FIIs20.76%20.76%20.76%26.47%20.91%19.97%19.26%20.03%20.55%24.96%24.36%22.11%20.79%
DIIs14.28%14.28%14.28%14.14%21.89%24.79%29.59%26.76%27.60%25.88%26.85%30.47%31.96%
Government—————————————
Public25.88%25.88%25.88%25.53%23.90%20.65%17.22%18.81%18.52%17.03%17.28%16.14%16.39%
No. of shareholders56,45156,45156,45147,27855,03554,95270,1321,71,8751,82,3991,89,5702,38,7952,40,5182,50,872
Change since Jun 2023 (pp)
Promoters −4.73FIIs +0.03DIIs +17.68Public −9.49

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Credit RatingAnnouncement Under Regulation 30 Of SEBI (LODR), 2015Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseUpdate On Voluntary Public Takeover Offer Made By Persistent Systems Limited To The Shareholders Of Nagarro SEThe Corrigendum To Our Earlier Letter Under Ref. No. NSE & BSE / 2026-27 / 143 Dated September 30, 2026, Is As Enclosed.
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating update
Concalls
Sep 2026PPTAug 2026TranscriptAug 2026PPTApr 2026TranscriptApr 2026PPTApr 2026RecordingJan 2026TranscriptJan 2026PPTJan 2026RecordingOct 2025TranscriptOct 2025PPTOct 2025Recording

Corporate actions

As of 27 Jul 2026
27 Jul 2026DIVIDENDDividend - Rs 18 Per Share—
27 Jan 2026DIVIDENDInterim Dividend - Rs 22 Per Share—
14 Jul 2025DIVIDENDAnnual General Meeting/Dividend - Rs 15 Per Share—
31 Jan 2025DIVIDENDInterim Dividend - Rs 20 Per Share—
9 Jul 2024DIVIDENDAnnual General Meeting/Dividend - Rs 10 Per Share—
28 Mar 2024SPLITFace Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 5/- Per Share10 : 5
30 Jan 2024DIVIDENDInterim Dividend - Rs 32 Per Share—
11 Jul 2023DIVIDENDAnnual General Meeting/Dividend - Rs 12 Per Share/ Special Dividend - Rs 10 Per Share—
25 Jan 2023DIVIDENDInterim Dividend - Rs 28 Per Share—
11 Jul 2022DIVIDENDAnnual General Meeting/Dividend - Rs 11 Per Share—
27 Jan 2022DIVIDENDInterim Dividend - Rs 20 Per Share—
13 Jul 2021DIVIDEND Annual General Meeting/Dividend - Rs 6 Per Share—
9 Feb 2021DIVIDEND Interim Dividend - Rs 14 Per Share—
18 Mar 2020DIVIDEND Interim Dividend - Rs 3 Per Share—
6 Feb 2020DIVIDEND Interim Dividend - Rs 9 Per Share—
11 Jul 2019DIVIDEND Annual General Meeting/Dividend Rs 3/-—
4 Feb 2019DIVIDEND Interim Dividend - Rs 8 Per Share—
19 Jul 2018DIVIDEND Annual General Meeting/Dividend- Rs 3 Per Share—
2 Feb 2018DIVIDEND Interim Dividend - Rs 7/- Per Share (Purpose Revised)—
12 Jul 2017DIVIDEND Annual General Meeting/Dividend - Rs 3/- Per Share—
31 Jan 2017DIVIDEND Interim Dividend Rs 6/- Per Share (Purpose Revised)—
17 Mar 2016DIVIDEND Interim Dividend - Rs 3/- Per Share (Purpose Revised)—
2 Feb 2016DIVIDEND Interim Dividend - Rs 5/- Per Share (Purpose Revised)—
16 Jul 2015DIVIDENDAnnual General Meeting/Final Dividend - Rs. 2.50/- Per Share And Special Silver Jubilee Dividend - Rs. 2.50/- Per Share—
10 Mar 2015BONUSBonus 1 : 1—
29 Jan 2015DIVIDENDInterim Dividend - Rs 10/- Per Share (Purpose Revised)—
17 Jul 2014DIVIDENDAnnual General Meeting And Dividend Rs.4/- Per Share—
30 Jan 2014DIVIDENDInterim Dividend - Rs 8/- Per Share (Purpose Revised)—
24 Jul 2013DIVIDENDAnnual General Meeting / Final Dividend - Rs 3/- Per Share—
31 Jan 2013DIVIDENDInterim Dividend Rs 6 Per Share (Purpose Revised)—
17 Jul 2012DIVIDENDAnnual General Meeting/Dividend Rs 2.50 Per Share—
25 Jan 2012DIVIDENDInterim Dividend Rs.3.50 Per Share (Purpose Revised)—
14 Jul 2011DIVIDENDFinal Dividend-Rs.1.50 Per Share—
31 Jan 2011DIVIDENDInterim Dividend Rs.2/- Per Share And Special Dividend Rs.2/- Per Share—
16 Jul 2010DIVIDENDFinal Dividend-Re.0.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman