Persistent Systems operates IT software consulting at ₹88,000 Cr market cap, ₹5,580/share. Generates quarterly revenue ₹3,700–4,300 Cr with net margins 10–13%.
PE 45.78 leaves limited downside protection if earnings miss—quarterly profit ₹400–530 Cr shows no clear growth trend
Operating margin fell to 14.6–16.2% in Jun 2026 from 18–19% prior quarters; verify whether pricing pressure, mix shift, or cyclical softness
Revenue flat ₹3,700–4,300 Cr over 12 months—verify if sector headwinds, customer caution, or FX pressure restraining bookings
Generated analysis · source review pending
ROE 26.35% indicates capital deployment efficiency; verify capex plans and M&A appetite to scale ₹4,300 Cr quarterly base
Net profit reached ₹483–529 Cr in recent quarters; verify if volume growth, pricing, or client mix drove the higher end
Jun 2026 revenue ₹4,303 Cr is highest in dataset; verify if sustained momentum or one-off project delivery bulge
Generated analysis · source review pending
Beta is measured against NIFTY 50 over three years of weekly returns — 1 moves with the index, above 1 amplifies it, below 1 damps it.
Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
Consolidated figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | — | — | — | — |
| EBITDA margin % | 16.5% | 13.8% | 16.3% | 16.8% | 18.2% | 17.1% | 17.2% | 19% |
| EBIT margin % | 11.9% | 9.2% | 12.1% | 13.9% | 14.9% | 13.9% | 14.7% | 16.2% |
| PAT margin % | 10.5% | 9.5% | 10.8% | 12.1% | 11% | 11.1% | 11.7% | 12.7% |
| Working capital | ||||||||
| Receivable days | — | — | 50 | 61 | 69 | 62 | 56 | 83 |
| Inventory days | — | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | — | — | 28 | 33 | 30 | 36 | 33 | 35 |
| NWC days | — | — | 21 | 28 | 38 | 26 | 24 | 48 |
| Leverage | ||||||||
| Current ratio | 3.84 | 3.06 | 3.47 | 1.99 | 1.8 | 1.91 | 2.36 | 2.43 |
| Debt to EBITDA | 0 | 0.01 | 0.01 | 0.45 | 0.28 | 0.12 | 0 | 0 |
| Debt to equity | 0 | 0 | 0 | 0.13 | 0.11 | 0.04 | 0 | 0 |
| Interest coverage | 1,569.8 | 72.5 | 106.3 | 79.1 | 27.8 | 32 | 28.1 | 35.4 |
| Asset turnover | 1.18 | 1.15 | 1.14 | 1.05 | 1.26 | 1.33 | 1.37 | 1.3 |
| Return ratios | ||||||||
| Return on assets % | 12.3% | 11% | 12.3% | 12.8% | 13.9% | 14.8% | 16% | 16.4% |
| Return on capital employed % | 21.5% | 19.1% | 23% | 27.2% | 30.5% | 30.3% | 32% | 34.2% |
| Return on equity % | 15% | 14.3% | 16.1% | 20.5% | 23.2% | 22.1% | 22.2% | 23.8% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
End of day 30 Sept 2026 · underlying ₹5,279.0 · volume and open interest in contracts
| Expiry | Close | Chg | % Chg | Settlement | Open interest | Change in OI | Volume | Lot size | History |
|---|---|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | ₹5,258.5 | -5.5 | -0.1% | ₹5,258.5 | 25,103 | +340 | 5,408 | 125 | |
| 23 Nov 2026 | ₹5,262.0 | +1.5 | +0% | ₹5,262.0 | 240 | +5 | 101 | 125 | |
| 29 Dec 2026 | ₹5,267.5 | +28.5 | +0.5% | ₹5,362.3 | 2 | +2 | 2 | 125 |
Open the chart icon on a row for that contract's close over 103 stored sessions, with open interest as bars beneath it.
| Calls | Strike | Puts | ||||||
|---|---|---|---|---|---|---|---|---|
| OI | Chg OI | Volume | LTP | — | LTP | Volume | Chg OI | OI |
| 0 | 0 | 0 | ₹0.0 | 4,400 | ||||
| Holder (%) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31.06% | 31.06% | 31.02% | 31.02% | 30.66% | 30.66% | 30.66% | 30.56% | 30.56% | 30.29% | 30.29% | 30.29% | |
| 21.34% | 24.55% | 24.96% | 22.55% | 23.33% | 24.75% | 24.36% | 24.19% | 21.23% | 22.8% | 22.12% | 20.79% | |
| 28.67% | 26.14% | 25.88% | 28.23% | 27.37% | 26.26% | 26.85% | 27.78% | 30.6% | 29.82% | 30.48% | 30.24% | |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 16.96% | 16.91% | 17.02% | 17.51% | 16.97% | 17.24% | 17.3% | 16.88% | 17.17% | 16.21% | 16.14% | 18.01% | |
| No. of shareholders | — | — | — | — | — | — | — | — | 2,54,897 | 2,33,787 | 2,40,518 | 2,84,983 |
| ₹14.2 |
| 155 |
| +53 |
| 96 |
| 22 | 0 | 0 | ₹793.0 | 4,600 | ₹28.5 | 314 | -33 | 170 |
| 44 | 0 | 0 | ₹650.0 | 4,700 | ₹40.0 | 699 | +57 | 79 |
| 12 | +4 | 5 | ₹513.3 | 4,800 | ₹56.2 | 379 | -24 | 187 |
| 8 | 0 | 0 | ₹414.2 | 4,900 | ₹74.9 | 420 | +15 | 94 |
| 42 | +10 | 19 | ₹356.0 | 5,000 | ₹105.0 | 1,091 | -12 | 405 |
| 71 | +22 | 63 | ₹289.5 | 5,100 | ₹139.0 | 919 | +111 | 228 |
| 272 | +74 | 766 | ₹238.2 | 5,200 | ₹182.0 | 1,205 | +183 | 479 |
Shaded cells are in the money against the underlying close. Green and red mark the move against the previous close — on the premium for LTP, on the position for change in OI. Settlement prices are the exchange's, not the last trade.
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| Persistent Systems LimitedPERSISTENTPERSISTENT | ₹84,691 Cr | ₹84,691 Cr | ₹15,718 Cr | ₹2,881 Cr | 19% | ₹1,923 Cr | 12.7% | 34.2% | 26.3% | 48 |
| Coforge LimitedCOFORGECOFORGE | ₹80,837 Cr | ₹81,237 Cr | ₹18,152 Cr | ₹3,397 Cr | 17.9% | ₹1,717 Cr | 10.6% | 22.2% | 19.7% | 88 |
| Mphasis LimitedMPHASISMPHASIS | ₹42,956 Cr | ₹44,749 Cr | ₹16,531 Cr | ₹3,071 Cr | 18.8% | ₹1,910 Cr | 11.7% | 24.7% | 18.3% | 58 |
| Hexaware Technologies LimitedHEXTHEXT | ₹29,966 Cr | ₹29,966 Cr | ₹14,420 Cr | ₹2,155 Cr | 14.2% | ₹1,344 Cr | 10.2% | — | — | — |
| Tata Elxsi LimitedTATAELXSITATAELXSI | ₹19,268 Cr | ₹19,268 Cr | ₹3,886 Cr | ₹876 Cr | 22.5% | ₹655 Cr | 16.7% | 29.9% | 21.3% | -54 |
| Fractal Analytics LimitedFRACTALFRACTAL | ₹12,510 Cr | ₹12,796 Cr | ₹3,300 Cr | ₹508 Cr | 15.4% | ₹292 Cr | 8.7% | 15.3% | 11.8% | 61 |
| Rategain Travel Technologies LimitedRATEGAINRATEGAIN | ₹9,953 Cr | ₹10,875 Cr | ₹2,336 Cr | ₹459 Cr | 18.5% | ₹242 Cr | 10.7% | 13.8% | 10.5% | 36 |
| Zensar Technologies LimitedZENSARTECHZENSARTECH | ₹9,881 Cr | ₹9,881 Cr | ₹5,811 Cr | ₹926 Cr | 16.1% | ₹776 Cr | 13.6% | 23% | 17.6% | 31 |
| ASM Technologies LtdASMTECASMTEC | ₹9,641 Cr | ₹9,754 Cr | ₹529 Cr | ₹101 Cr | 19.1% | ₹26 Cr | 11.5% | 33.3% | 25.7% | 202 |
| Intellect Design Arena LimitedINTELLECTINTELLECT | ₹8,566 Cr | ₹8,566 Cr | ₹3,182 Cr | ₹603 Cr | 19.1% | ₹351 Cr | 11.3% | 15.6% | 11.6% | 46 |
| Birlasoft LimitedBSOFTBSOFT | ₹7,542 Cr | ₹7,551 Cr | ₹5,404 Cr | ₹930 Cr | 16.3% | ₹573 Cr | 9.8% | 21.2% | 13.7% | 63 |
| Sonata Software LimitedSONATSOFTWSONATSOFTW | ₹7,124 Cr | ₹7,692 Cr | ₹11,015 Cr | ₹752 Cr | 6.9% | ₹463 Cr | 4.3% | 32.4% | 25.7% | -19 |
Documents link to external sources (exchange filings, company investor pages).
Promoter holding down 0.77 percentage points since Sep 2023.
| Date | Client | Type | Venue | Side | Quantity | Price | Value |
|---|---|---|---|---|---|---|---|
| 14 Jul 2025 | THE MTBJ LTD. AS TRST FOR GOVERNMENT PENSION INVESTMENT FUND MTBJ400045849 | Block | NSE | Buy | 32,906 | ₹5,578.00 | ₹18.35 Cr |
| 14 Jul 2025 | THE MTBJ LTD. AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MTBJ400045828 | Block | NSE | Sell | 32,906 | ₹5,578.00 | ₹18.35 Cr |
| 23 Jan 2025 | UBS AG | Block | NSE | Buy | 34,679 | ₹6,325.60 | ₹21.94 Cr |
| 23 Jan 2025 | UBS PRINCIPAL CAPITAL ASIA LIMITED | Block | NSE | Sell | 34,679 | ₹6,325.60 | ₹21.94 Cr |
| 30 Nov 2023 | BNP PARIBAS ARBITRAGE | Bulk | NSE | Sell | 18,38,946 | ₹6,386.28 | ₹1,174.40 Cr |
| 30 Nov 2023 | LIESHA CORPORATION PRIVATE LIMITED . | Bulk | NSE | Sell | 5,83,339 | ₹6,421.67 | ₹374.60 Cr |
| 30 Nov 2023 | LIESHA CORPORATION PRIVATE LIMITED . | Bulk | NSE | Buy | 5,83,339 | ₹6,414.02 | ₹374.15 Cr |
| 30 Nov 2023 | COPTHALL MAURITIUS INVESTMENT LIMITED | Bulk | NSE | Sell | 4,77,849 | ₹6,404.84 | ₹306.05 Cr |
| 30 Nov 2023 | GOVERNMENT OF SINGAPORE | Bulk | NSE | Buy | 3,88,464 | ₹6,408.05 | ₹248.93 Cr |
| 30 Nov 2023 | BNP PARIBAS ARBITRAGE | Bulk | NSE | Buy | 2,062 | ₹6,451.00 | ₹1.33 Cr |
Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
134 schemes · 18 fund houses
| Shares | ||||||
|---|---|---|---|---|---|---|
| (Investment Manager for Motilal Oswal Mutual Fund) | Motilal Oswal Mutual Fund | 33.75 L | 1,888.14 | 4.41% | 2.139% | -50,000 |
| Portfolio of Kotak Mid Cap FundNEW | Kotak Mahindra Mutual Fund | 20.19 L | 1,129.65 | 1.59% | 1.28% | — |
| Growth Mid Cap FundNEW | Nippon India Mutual Fund | 16.44 L | 919.87 | 1.76% | 1.042% | — |
| (Investment Manager for Motilal Oswal Mutual Fund) | Motilal Oswal Mutual Fund | 7.88 L | 440.71 | 3.11% | 0.499% | -1 L |
| DIGITAL INDIA FUND | Tata Mutual Fund | 6.84 L | 382.68 | 3.71% | 0.433% | +35,000 |
| Technology Fund | ICICI Prudential Mutual Fund | 5.57 L | 311.54 | 2.28% | 0.353% | -62,500 |
| SMALL CAP FUND | Nippon India Mutual Fund | 5.5 L | 307.71 | 0.37% | 0.349% | -0 |
| ETF Nifty IT | Nippon India Mutual Fund | 4.2 L | 235.06 | 6.19% | 0.266% | -11,834 |
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Announcement under Regulation 30 (LODR)-Newspaper Publication
Shareholder Meeting / Postal Ballot-Outcome of AGM
Audited Financial Statements Of The Company For The Quarter Ended June 30, 2026
| Date | Category | Subject | Filing |
|---|---|---|---|
| 14 Aug 2026, 7:55 pm | Company Update Analyst / Investor Meet | Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | |
| 11 Aug 2026, 6:26 pm | Company Update Analyst / Investor Meet | Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation |
| 4 Aug 2026, 9:42 pm | Company Update Analyst / Investor Meet | Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome |
| 4 Aug 2026, 9:13 pm | Company Update Press Release / Media Release | Announcement under Regulation 30 (LODR)-Press Release / Media Release |
| 4 Aug 2026, 9:03 pm | AGM/EGM AGM | Shareholder Meeting / Postal Ballot-Scrutinizer''s Report |
| 3 Aug 2026, 9:54 pm | Company Update Newspaper Publication | Announcement under Regulation 30 (LODR)-Newspaper Publication |
| 3 Aug 2026, 8:49 pm | AGM/EGM AGM | Shareholder Meeting / Postal Ballot-Outcome of AGM |
| 2 Aug 2026, 5:06 pm | Company Update General | Audited Financial Statements Of The Company For The Quarter Ended June 30, 2026 |
Consolidated figures · ₹ crore
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,312 | 2,878 | 3,034 | 3,366 | 3,566 | 4,188 | 5,711 | 8,351 | 9,822 | 11,939 | 14,748 | |
| 1,899 | 2,413 | 2,565 | 2,810 | 3,074 | 3,505 | 4,753 | 6,831 | 8,146 | 9,881 | 11,953 | |
| 414 | 465 | 469 | 556 | 492 | 683 | 958 | 1,519 | 1,676 | 2,058 | 2,795 | |
| OPM % | 17.9% | 16.2% | 15.5% | 16.5% | 13.8% | 16.3% | 16.8% | 18.2% | 17.1% | 17.2% | 19% |
| Depreciation | 97 | 149 | 158 | 157 | 166 | 176 | 166 | 272 | 309 | 307 | 403 |
| Interest | 0 | 0 | 0 | 0 | 6 | 6 | 12 | 47 | 47 | 67 | 73 |
| 78 | 96 | 119 | 88 | 132 | 108 | 144 | 41 | 128 | 138 | 91 | |
| Profit before tax | 396 | 401 | 429 | 486 | 452 | 609 | 924 | 1,241 | 1,448 | 1,822 | 2,411 |
| Tax | 98 | 99 | 106 | 135 | 112 | 159 | 234 | 320 | 354 | 422 | 546 |
| Tax % | 24.8% | 24.8% | 24.7% | 27.7% | 24.8% | 26.1% | 25.3% | 25.8% | 24.5% | 23.2% | 22.7% |
| 297 | 301 | 323 | 352 | 340 | 451 | 690 | 921 | 1,093 | 1,400 | 1,865 | |
| PAT margin % | 12.9% | 10.5% | 10.7% | 10.5% | 9.5% | 10.8% | 12.1% | 11% | 11.1% | 11.7% | 12.7% |
| EPS (₹) | — | — | — | 44 | 44.4 | 59 | 90.3 | 123.7 | 72.4 | 91.2 | 119.7 |
| EPS adjusted (₹) | 18.6 | 18.8 | 20.2 | 22.2 | 22.3 | 29.5 | 45.2 | 60.3 | 71 | 89.8 | 118.2 |
| — | — | — | 25% | 27% | 33.9% | 34.3% | 40.4% | 58% | 38.4% | 33.4% | |
| Annual report | Annual report for Mar 2016 | Annual report for Mar 2017 | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | Annual report for Mar 2026 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 80 | 80 | 80 | 79 | 76 | 76 | 76 | 76 | 77 | 78 | 79 |
| Reserves | 1,390 | 1,819 | 2,047 | 2,266 | 2,309 | 2,719 | 3,292 | 3,889 | 4,881 | 6,241 | 7,759 |
| 3 | 2 | 2 | 1 | 5 | 5 | 433 | 429 | 207 | 0 | 0 | |
| 315 | 445 | 542 | 510 | 702 | 865 | 1,613 | 2,226 | 2,209 | 2,418 | 3,539 | |
| Total equity & liabilities | 1,788 | 2,346 | 2,671 | 2,856 | 3,092 | 3,666 | 5,414 | 6,619 | 7,374 | 8,737 | 11,377 |
| 404 | 536 | 512 | 401 | 375 | 457 | 1,534 | 2,341 | 2,221 | 2,541 | 2,309 | |
| CWIP | 4 | 5 | 1 | 1 | 17 | 12 | 107 | 16 | 34 | 4 | 11 |
| Investments | 697 | 684 | 880 | 764 | 979 | 1,000 | 822 | 640 | 827 | 980 | 2,162 |
| 683 | 1,122 | 1,278 | 1,689 | 1,722 | 2,197 | 2,951 | 3,622 | 4,292 | 5,211 | 6,895 | |
| Total assets | 1,788 | 2,346 | 2,671 | 2,856 | 3,092 | 3,666 | 5,414 | 6,619 | 7,374 | 8,737 | 11,377 |
As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.
Latest reported period · 31 Mar 2026 · ₹ crore
| Segment | Revenue | Result | Assets | Liabilities | Capital employed | ROCE % |
|---|---|---|---|---|---|---|
| Software, Hi-Tech and Emerging Industries | 5,882.99 | 2,059.27 | 2,171.6 | 0 | 2,171.6 | 94.83 |
| BFSI | 5,093.3 | 1,768.59 |
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 254 | 286 | 421 | 432 | 352 | 736 | 845 | 956 | 1,221 | 1,157 | 1,767 | |
| -116 | -222 | -347 | -226 | -15 | -539 | -971 | -421 | -469 | -434 | -610 | |
| -127 | -58 | -96 | -160 | -329 | -144 | 182 | -404 | -559 | -628 | -748 | |
| Net cash flow | 11 | 6 | -22 | 47 | 8 | 53 | 56 | 131 | 193 | 94 | 409 |
| Free cash flow | — | — | — | — | — | 608 | 460 | 522 | 937 | 724 | 1,754 |
| CFO / Operating profit % | 61.4% | 61.6% | 89.9% | 77.7% | 71.4% | 107.8% | 88.2% | 62.9% | 72.9% | 56.2% | 63.2% |
| 674.27 |
| 0 |
| 674.27 |
| 262.3 |
| Healthcare & Life Sciences | 3,772.17 | 1,402.96 | 777.71 | 0 | 777.71 | 180.4 |
₹ crore by fiscal year