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As of 6 Nov 2026, Persistent Systems trades at 53.0× trailing earnings, above the industry P/E of 17.7×. Sales and net profit grew 21% and 27% a year over 3 years, with ROCE of 29% and ROE of 23%. It carries very little debt, and its dividend yield is 0.6%. It is a mid-cap company with a market cap of ₹99,859 Cr, ranked 7th of 126 Information Technology Services companies by market cap; the shares rose 4.3% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹6,175.00
Day high
₹6,240.00
Day low
₹6,033.00
Prev. close
₹6,109.50
Volume
5.3 L

Health check

3 good · 1 fair · 2 to check
  • ReturnsAhead

    +4.3% over a year, better than 5 of 7 peers.

  • Price tagPricier

    P/E 53.0 vs industry 17.7.

  • GrowthStrong

    Sales +20.9%, profit +26.5% a year over 3 years.

  • ProfitabilityStrong

    ROCE 29.4% vs peer median 25.4%.

  • Balance sheetFair

    Debt 0.07× equity, interest covered 34.2×, Piotroski 5 of 9.

  • Red flags2 to check

    Quarterly profit down 26.3% on a year ago.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Information Technology Services

125 listed peers. Screen the industry

Mid cap

₹99,859 Cr, #7 of 126 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹16,801 Cr · profit ₹1,803 Cr
Market cap
₹99,859 Cr
Mid cap
P/E
53.0
Industry 17.7
Price to book
11.12
Peers 4.97
Dividend yield
0.59%
ROE
22.9%
Peers 21.0%
ROCE
29.4%
Peers 25.4%
Debt to equity
0.07
Debt ₹575 Cr
EPS (TTM)
₹114.32
Face value ₹5
OPM (TTM)
16.9%
Net margin 10.7%
Sales growth
+30.3%
Latest quarter vs a year ago
Profit growth
−26.3%
Latest quarter vs a year ago
Price to sales
5.94
EV/EBITDA 34.4

Strengths and risks

Strengths

  • Return on equity of 22.9%.
  • Return on capital employed of 29.4%.
  • Practically debt-free.
  • Quarterly sales up 30.3% on a year ago.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • Quarterly profit down 26.3% on a year ago.
  • P/E of 53.0 against an industry P/E of 17.7.

Derived automatically from reported figures. Not a recommendation.

About Persistent Systems

Persistent Systems Limited provides software products, services, and technology solutions in India, North America, and internationally. It operates through Banking, Financial Services and Insurance (BFSI); Healthcare & Life Sciences; and Technology Companies and Emerging Verticals segments. The company provides Persistent GenAI Hub, a generative artificial intelligence (AI) solution; consulting services for business strategy and transformation; software…

Headquarters
Pune
Sector
Technology
ISIN
INE262H01021
Website
persistent.com

Price range

52 weeks

₹4,244.50₹6,599.00

Today

₹6,033.00₹6,240.00
Avg volume (3M)
5.7 L
1-year return
plus 4.3%
From 52-week high
minus 8.3%

Analyst consensus

36 analysts
HoldMean target ₹5,747.75 minus 5.1%

The mean target is below today’s price.

Target range, with today’s price

Low ₹3,718.00High ₹6,772.00

Consensus from Yahoo Finance. Not a recommendation.

Peers · Information Technology Services

Compare with peersScreen the whole industry
Company
TCSTata Consultancy Services2,498.50plus 0.11%9,03,97917.57.6054.9%45.6%26.5%5.8%5.3%1.92%minus 16.5%
INFYInfosys1,181.40plus 1.20%4,78,51115.74.9141.7%30.0%23.1%3.4%3.6%4.45%minus 20.5%
HCLTECHHCL Technologies1,440.00plus 0.66%3,89,75421.35.2027.2%24.6%35.3%8.7%3.9%3.36%minus 6.4%
WIPROWipro198.00minus 0.20%1,95,89815.62.4617.8%15.9%19.2%0.8%5.2%4.03%minus 16.6%
TECHMTech Mahindra1,831.00plus 0.46%1,79,47629.45.4719.8%19.2%17.2%2.2%−0.1%2.80%plus 29.3%
LTMLTM4,338.00minus 1.25%1,28,62024.64.9725.4%21.0%17.9%8.4%4.4%1.78%minus 21.8%
PERSISTENTPersistent Systems6,053.50minus 0.92%99,85953.011.1229.4%22.9%16.9%20.9%26.5%0.59%plus 4.3%
COFORGECoforge2,076.00minus 0.14%91,98040.74.1118.6%13.3%19.9%26.9%30.9%0.77%plus 17.7%
Median of 7 peers–0.11%1,95,89821.34.9725.4%21.0%19.9%5.8%4.4%2.80%−16.5%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
3,3343,7784,0564,3034,664
2,7223,0453,2883,6064,030
612733768697633
18.3%19.4%18.9%16.2%13.6%
54.740.533.570.624.4
17.11918.729.137.6
93.8101109115167
–−89–––
555565674623454
23.5%22.2%21.5%22.5%22.5%
425439529483352
27.2127.9433.5530.5122.22

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+20.9%
Profit CAGR 3Y
+26.5%
EPS CAGR 3Y
+25.4%
ROE
22.9%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
8,3519,82211,93914,748
–+17.6%+21.6%+23.5%
6,8208,20910,02411,932
1,5311,6131,9152,817
18.3%16.4%16.0%19.1%
47.694.175.4109
47.346.767.172.7
272309307403
−18.197.1206−39
1,2411,4481,8222,411
25.8%24.5%23.2%22.6%
9211,0931,4001,865
–+18.7%+28.0%+33.2%
60.2671.0790.24118.87

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
76.47777.978.9
3,8894,8816,2417,759
658451311477
2,0502,0092,1073,061
6,6737,4188,73711,377
785777822958
79.11057.513.5
508581679739
9561,0481,1062,025
4,3454,9076,1217,641
6,6737,4188,73711,377

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
9561,3021,1571,767
−421−562−434−610
−404−582−628−748
13115894.3409
−433−358−237−209
5229449201,559
−298−408−460−579

Shareholding pattern

Source: NSE filings
28.8%
promoters
  • Promoters28.82%
  • Public70.43%
  • Employee trusts0.75%
  • As of 26 Oct 2026
QuarterSplitPromotersPublicPromoter change
26 Oct 202628.82%70.43%minus 1.47
30 Sep 202630.29%69.15%0.00
30 Jun 202630.29%69.04%0.00
31 Mar 202630.29%68.74%0.00
31 Dec 202530.29%68.83%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you