PERSISTENTInformation Technology

Persistent Systems Limited

Computers - Software & Consulting · ISIN INE262H01021 · BSE 533179 · NSE EQ · FV ₹5
Last price
₹5,473
+0.61%today
What this company does

Persistent Systems Limited operates in Computers - Software & Consulting, part of the Information Technology sector. It booked ₹4,303 cr of revenue in its latest quarter (Q1 FY27) and kept 11.2% of sales as profit. It is the 7th largest of 9 Computers - Software & Consulting companies we track, by market value.

70out of 100
Equitytale Health Score
Solid

Healthier than 70% of companies in Information Technology, on all six measures of filed financials. Each measure is ranked against the 67–123 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
48

At close. Not part of the score.

Profitability & returns82

How much profit it earns on the money it employs

Balance sheet81

How much it owes, and whether earnings cover the interest

Cash quality72

Whether reported profit actually arrives as cash

Growth & consistency79

Whether sales and profit have grown, and how steadily

Valuation16

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 29% vs last year
Profit up 8% vs last year
No promoter shares pledged
Strong 25% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in PERSISTENT?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹5,473 +0.61%
latest close · 2026-09-17
52-wk low ₹4,96542 sessions so far52-wk high ₹5,910
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio44.3High
LowAverageHigh
P/B ratio11.02High
Below bookModerateHigh
EV / EBITDA27.8High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity24.7%Strong
WeakFairStrong ▸15%
Return on capital30.9%Strong
WeakFairStrong
Net margin11.2%Decent
ThinDecentStrong
EBITDA margin17.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover22.4×Strong
RiskyOkayStrong ▸5×
Current ratio2.43Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹86,337 cr
Book value
₹497
EPS
₹30.88
latest quarter
Net debt
₹-1,075 cr
more cash than debt
Enterprise value
₹85,262 cr
EBITDA
₹3,070 cr
annualised
EBIT
₹2,609 cr
annualised
Operating margin
15.2%
Return on assets
17.0%
Earnings yield
2.26%
P/S
5.02
Sales / share
₹1,091.2
Tax rate
22.5%
Face value
₹5
Shares
15.8 cr
Working capital
₹4,173 cr
Current assets
₹7,097 cr
Current liabilities
₹2,924 cr
Delivery %
36.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹940₹1,325, midpoint ₹1,133

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹4,303 cr
Other Income₹71 cr
Total Income₹4,374 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹2,866 cr
Finance Costs₹29 cr
Depreciation & Amortisation₹115 cr
Other Expenses₹740 cr
Total Expenses₹3,751 cr
Profit before Tax₹623 cr
Tax Expense₹140 cr
Net Profit₹483 cr
Net margin on total income11.0%
Where the money goes · Q1 FY27
% of total income
Employee benefit expense₹2,866 cr65.5%
Finance costs₹29 cr0.7%
Depreciation & amortisation₹115 cr2.6%
Other expenses₹740 cr16.9%
Tax expense₹140 cr3.2%
Profit for the period₹483 cr11.0%
Total income ₹4,374 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue3,778 cr4,056 cr4,303 cr
Total income3,819 cr4,089 cr4,374 cr
Expenses3,165 cr3,415 cr3,751 cr
Profit before tax565 cr674 cr623 cr
Tax126 cr145 cr140 cr
Net profit (owners' share)439 cr529 cr483 cr
Net margin (owners' share, on revenue)11.6%13.0%11.2%
EPS (₹)28.1533.8330.88
YoY (latest quarter): total income +29.1% · net profit +7.8%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹11,377 cr
Shareholder equity
₹7,838 cr
parent shareholders
Total debt
₹0 cr
Cash
₹1,075 cr
Cash flow · H1 FY26
Operating
₹958 cr
Investing
₹-339 cr
Financing
₹-293 cr
Peer comparison
Computers - Software & Consulting · by market value
CompanyPriceMarket capP/E
Tata Consultancy Services Limited₹2,190₹7.93 L cr14.8
Infosys Limited₹1,059₹4.29 L cr13.8
HCL Technologies Limited₹1,258₹3.42 L cr18.4
Wipro Limited₹166₹1.65 L cr13.0
Tech Mahindra Limited₹1,561₹1.38 L cr23.6
LTM Limited₹4,265₹1.26 L cr21.6
Persistent Systems Limitedthis company₹5,473₹86,337 cr44.3
Coforge Limited₹1,793₹79,340 cr36.3
MphasiS Limited₹2,320₹44,284 cr22.6
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.73%
trailing 12 months
Dividend / share (TTM)
₹40
Last dividend
₹18
ex 27 Jul 2026
ActionDetailEx-date
Dividend₹18 / share27 Jul 2026
Dividend₹22 / share27 Jan 2026
Dividend₹15 / share14 Jul 2025
Dividend₹20 / share31 Jan 2025
Dividend₹10 / share9 Jul 2024
Stock splitStock Split From Rs.10/- to Rs.5/-28 Mar 2024
Who owns it · 2026-06-30
No pledge
Promoter
30.3%
FII / Foreign
20.8%
DII / Domestic
30.2%
Retail / others
18.0%
Promoter stake down 0.8% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtChinmay Buzruk · Promoter Group10,0008 Sep 21
BoughtPSPL ESOP Management Trust · Other55,000 · ₹17.2 cr11 Aug 21
BoughtPSPL ESOP Management Trust · Other7,201 · ₹2.3 cr10 Aug 21
Bulk / block deals
short · NSE3,7429 Sep 26
short · NSE2,6178 Sep 26
short · NSE3,2987 Sep 26
Stake changes
BoughtMotilal Oswal Asset Management Company Limited→ 5.70% · 11.44 L24 Apr 25
SoldKotak Mahindra Mutual Fund→ 2.97% · 1.04 L25 Nov 24
SoldHDFC Mutual Fund→ 2.94% · 15.73 L10 Oct 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 21 Jul 2025
See the official result
1
1.To receive, consider, and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025, the Reports of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
8.04 cr votes for, 306 against · 0% of mutual funds and other big investors said no
2
2.To receive, consider, and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025, and the Report of the Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
8.04 cr votes for, 506 against · 0% of mutual funds and other big investors said no
3
3. To confirm the payment of the Interim Dividend of INR 20 per equity share of INR 5 each and to approve the payment of a Final Dividend of INR 15 per equity share of INR 5 each, recommended for the Financial Year 2024-25 aggregating to INR 35 per equity share of INR 5 each
Backed by 100% of shareholders other than promotersneeded 50%
8.05 cr votes for, 674 against · 0% of mutual funds and other big investors said no
4
4. To appoint a director in place of Mr. Sandeep Kalra, Executive Director, Pennsylvania, USA (DIN: 02506494), who retires by rotation and being eligible, offers himself for reappointment
Backed by 100% of shareholders other than promotersneeded 50%
8.04 cr votes for, 23,893 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 13 named members
owning 30.3% between them · as of 2026-06-30
Anand Suresh Deshpande29.02%
Chitra Hemadri Buzruk0.60%
Mukund Suresh Deshpande0.47%
Sonali Anand Deshpande0.14%
Arul Anand Deshpande0.01%
Chinmay Hemadri Buzruk0.01%
Gayatri Hemadri Buzruk0.01%
Hemadri Narayan Buzruk0.01%
Business done with them
FY2025 · 2 of the group
The company paid ₹67.5 L to companies in the promoter group last year — about 0.0% of its ₹11,939 cr revenue.
Mrs. Sonali Anand Deshpande
Other payments to them · Dividend
also owns 0.14% of the company
₹67.2 L
company paid
Mrs. Sulabha Suresh Deshpande
Other payments to them · Dividend
₹0.3 L
company paid
Mrs. Sonali Anand Deshpande
Description Of Nature Of Related Party Relationship · Dividend
also owns 0.14% of the company
₹0 L
company received
Mrs. Sulabha Suresh Deshpande
Description Of Nature Of Related Party Relationship · Dividend
₹0 L
company received

The company also transacted with 22 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.