Persistent Systems share price
NSE: PERSISTENTBSE: 533179IT - SoftwareMid Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹5,850.00.
27 Oct: open ₹5,800.00, high ₹5,861.00, low ₹5,690.00
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹92,008 Cr129th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 51.02
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 10.71
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.69%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 22.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 27.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 9,30,21857.8% delivered
About Persistent Systems
Persistent Systems Limited is a software and IT services company based in Pune, India.12 It builds and modernises software and technology systems for businesses, with services led by artificial intelligence (AI).3 Its clients are enterprises in software and technology, banking, financial services and insurance, and healthcare and life sciences, served from development centres and offices in India and abroad.34
Its services cover product and platform engineering, data and AI, cloud-based modernisation of enterprise systems, customer experience (CX) and design, and agentic business automation (software agents that carry out business tasks).5 Its own AI platforms are SASVA for software engineering, GenAI Hub and Agent Studio for business workflows, and iAURA for preparing company data for AI, and it holds 139 patents in AI infrastructure, data intelligence and autonomous agents.67 It also sells software products based on its own intellectual property.8
Anand Deshpande founded the company in 1990 and is its chairman and managing director.9 Its shares were listed in 2010 after an initial public offering that drew bids for 93 times the shares on offer.10 The shares are part of the MSCI India Index, the S&P BSE 100 and the S&P BSE SENSEX Next 50.11 It had 29,598 employees at the end of September 2026, 25,452 of them in India.1213 Its only material subsidiary (one that accounts for a large share of the group's income or net worth) is Persistent Systems Inc. in the United States.14
Persistent Systems key points
Results
- In the quarter to Sep 2026, consolidated revenue was $487.6 million, up 20% on a year earlier, or ₹46,639 million, up 30.3% in rupees. It was the 26th quarter in a row of revenue growth over the previous quarter.1516
- EBIT (profit before interest and tax) was ₹6,977.2 million, up 19.5%, a 15% margin, down 130 basis points (hundredths of a percentage point) on a year earlier.17
- Profit after tax fell 25.4% to ₹3,515.1 million after ₹1,853.4 million of Nagarro deal costs; excluding them, operating profit after tax was ₹4,951.5 million, up 5%.18
- In the year to Mar 2026, consolidated revenue was $1,654.4 million, up 17.4% in dollars and 23.5% in rupees. Profit after tax rose 33% to ₹18,651 million, the EBIT margin was 15.6% and EBITDA (EBIT before depreciation and amortisation) ₹27,064.18 million, up 31.5%.1920
Business segments
- Revenue by segment in the quarter to Sep 2026, and growth on a year earlier2122
Item quarter to Sep 2026 Software, Hi-Tech and Emerging Industries $208.5 million, up 28.5% Banking, Financial Services and Insurance $164.3 million, up 16.2% Healthcare and Life Sciences $114.8 million, up 12% - Growth in Software, Hi-Tech and Emerging Industries came from Software Reinvention Services, a new offering that helps enterprise software companies speed up their next products while improving the economics of the products they run today.2223
Where revenue comes from
- In the quarter to Sep 2026, in dollar terms, revenue grew 22.5% in North America, 19.4% in India and 67% in the rest of the world, from a smaller base, and fell 8.5% in Europe, which the company put down to 2 client-specific events.24
- In its exchange filing of 27 Jun 2026, the company said that combining with Nagarro would raise Europe's share of its revenue from 9% in the year to Mar 2026 to 22%, with North America at 62%.25
Customers and partners
- Large companies among its clients, as the company states it26
Item quarter to Sep 2026 Top technology companies 9 of 10 Top US banks 7 of 10 Top Indian banks 5 of 10 Fortune 50 companies 18 of 50 - The largest client brought 9.3% of revenue in the year to Mar 2026, against 10.4% a year earlier.27
- In the year to Mar 2026, AWS made it a Strategic Global Systems Integrator and NVIDIA an Advanced Technology Partner.28
Deal bookings
- In the quarter to Sep 2026, its total contract value (TCV, full value of contracts signed, renewals included) was $633.5 million, against $1,146.2 million in the quarter to Jun 2026, and annual contract value (ACV, the value due over a year) $481 million.2930
- Over the 12 months to Sep 2026, TCV was $3,055.1 million, up 36.3% on a year earlier, and ACV $1,964.8 million, up 21.9%.3132
Nagarro acquisition
- On 9 Oct 2026, the company said it had secured about 94.04% of Nagarro's share capital, excluding treasury shares. With more than 90%, it plans to squeeze out (compulsorily buy) the remaining shareholders after closing, though no final decision has been taken.33
- In its presentation of 15 Oct 2026, the company said it expects to complete the Nagarro deal by Mar 2027, after approvals from the Reserve Bank of India and foreign investment authorities in Austria and Spain.34
- In its presentation of 15 Oct 2026, the company said it plans to replace a €1.4 billion, 18-month bridge loan with up to $1,250 million of equity and borrowings, equity capped at $450 million; shareholders approved the equity raise in Oct 2026.3435
- On 27 Jun 2026, the company announced an offer of €81 a share for all shares of Nagarro SE, a Munich-based digital engineering company with about 18,500 employees and revenue of €1 billion in the year to Dec 2025.36
What the company expects
- On its earnings call of 15 Oct 2026, the company said its aspiration is a margin of 16% to 17%, a measure it did not name, and that it does not give forward-looking guidance.37
- On its earnings call of 15 Oct 2026, the company said it expects one-time Nagarro deal expenses of about $50 million, including those in its results for the quarter to Sep 2026, with a further $25 million to $30 million to come.3839
Recent events
- On 7 Jul 2026, ICRA placed the company's [ICRA]AA+ issuer rating on watch with negative implications (a signal that it may be lowered) after the Nagarro offer, then to be funded entirely through debt; on 22 Oct 2026, it kept the watch in place.404142
- On 27 Jun 2026, the company told the exchange it had signed a 6.5-year agreement with a global technology company headquartered in the United States for product development, support and cloud operations, with a total contract value above $650 million.434445
Last updated
All 45 sources, each with its page
- 1. Annual report, 11 Jul 2026, page 251
- 2. Annual report, 11 Jul 2026, page 79
- 3. Annual report, 11 Jul 2026, page 184
- 4. Annual report, 11 Jul 2026, page 175
- 5. Investor presentation, 15 Oct 2026, page 7
- 6. Annual report, 11 Jul 2026, page 263
- 7. Investor presentation, 15 Oct 2026, page 17
- 8. Annual report, 11 Jul 2026, page 273
- 9. Annual report, 11 Jul 2026, page 6
- 10. Investor presentation, 15 Oct 2026, page 5
- 11. Annual report, 11 Jul 2026, page 75
- 12. Earnings call, 15 Oct 2026, page 8
- 13. Investor presentation, 15 Oct 2026, page 6
- 14. Annual report, 11 Jul 2026, page 162
- 15. Earnings call, 15 Oct 2026, page 8
- 16. Investor presentation, 15 Oct 2026, page 23
- 17. Earnings call, 15 Oct 2026, page 8
- 18. Earnings call, 15 Oct 2026, page 9
- 19. Annual report, 11 Jul 2026, page 83
- 20. Annual report, 11 Jul 2026, page 275
- 21. Investor presentation, 15 Oct 2026, page 12
- 22. Earnings call, 15 Oct 2026, page 5
- 23. Earnings call, 15 Oct 2026, page 10
- 24. Earnings call, 15 Oct 2026, page 5
- 25. Exchange filing, 27 Jun 2026, page 6
- 26. Investor presentation, 15 Oct 2026, page 8
- 27. Annual report, 11 Jul 2026, page 274
- 28. Annual report, 11 Jul 2026, page 84
- 29. Earnings call, 15 Oct 2026, page 4
- 30. Earnings call, 15 Oct 2026, page 19
- 31. Investor presentation, 15 Oct 2026, page 26
- 32. Earnings call, 15 Oct 2026, page 23
- 33. Exchange filing, 9 Oct 2026, page 2
- 34. Investor presentation, 15 Oct 2026, page 30
- 35. Investor presentation, 15 Oct 2026, page 31
- 36. Exchange filing, 27 Jun 2026, page 2
- 37. Earnings call, 15 Oct 2026, page 19
- 38. Earnings call, 15 Oct 2026, page 7
- 39. Earnings call, 15 Oct 2026, page 23
- 40. Exchange filing, 7 Jul 2026, page 2
- 41. Exchange filing, 7 Jul 2026, page 3
- 42. Exchange filing, 22 Oct 2026, page 2
- 43. Exchange filing, 27 Jun 2026, page 1
- 44. Exchange filing, 27 Jun 2026, page 2
- 45. Earnings call, 15 Oct 2026, page 12
Results
Consolidated; ₹ crore.Persistent Systems quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +27.1%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +8.3%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹4,664 Crup 8.38%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹352 Crdown 27.23%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 7.5%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,062 | 3,242 | 3,334 | 3,581 | 3,778 | 4,056 | 4,303 | 4,664 |
| Net profit | 373 | 396 | 425 | 471 | 439 | 529 | 483 | 352 |
| Net margin | 12.2% | 12.2% | 12.7% | 13.2% | 11.6% | 13.0% | 11.2% | 7.5% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹14,748 Crup 23.53%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,865 Crup 33.21%
- Net margin
- 12.6%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,733 | 3,034 | 3,366 | 3,566 | 4,188 | 5,711 | 8,351 | 9,822 | 11,939 | 14,748 |
| Net profit | 294 | 323 | 352 | 340 | 451 | 690 | 921 | 1,093 | 1,400 | 1,865 |
| Net margin | 17.0% | 10.7% | 10.4% | 9.5% | 10.8% | 12.1% | 11.0% | 11.1% | 11.7% | 12.6% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Software, Hi-Tech and Emerging IndustriesSoftware, Hi-Tech and Emerging Industries, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹5,883 Crup 19.75%39.9%
- BFSIBFSI, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹5,093 Crup 35.07%34.5%
- Healthcare & Life SciencesHealthcare & Life Sciences, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,772 Crup 15.88%25.6%
Valuation
Today, against the company's own history.Persistent Systems PE ratio and valuation
At or below today's level on 75% of 2,452 trading days over the last 10 years.
At or below today's level on 68% of 1,895 trading days since Oct 2018.
At or below today's level on 31% of 2,478 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −10.7% | +31.3% | −32.6% | 0.8% |
| 3 years | +29.1% | +25.2% | +2.6% | 0.7% |
| 5 years | +39.2% | +32.4% | +4.6% | 0.8% |
Mutual fund holdings
299 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 113 of the 149 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.All 299 funds holding Persistent Systems
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 1
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 5
- AddedAdded. Funds that held more shares than at the end of the month before.
- 75
- CutCut. Funds that held fewer shares than at the end of the month before.
- 74
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 141
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 9
| Fund | |||
|---|---|---|---|
| 34,37,300 | 1.78% | ₹1,814.6 Cr | |
| 33,75,000 | 4.43% | ₹1,781.7 Cr | |
| 27,21,626 | 1.32% | ₹1,436.7 Cr | |
| 20,19,210 | 1.60% | ₹1,065.9 Cr | |
| 16,44,232 | 1.73% | ₹868.0 Cr | |
| 14,64,250 | 3.44% | ₹773.0 Cr | |
| 11,40,008 | 1.41% | ₹601.8 Cr | |
| 10,57,566 | 2.86% | ₹558.3 Cr | |
| 8,37,138 | 1.58% | ₹441.9 Cr | |
| 7,87,752 | 3.09% | ₹415.9 Cr |
Promoter and insider buying and selling
Trades made since 28 Oct 2025.Persistent Systems insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade
- Others: no market trade · 49 pledge filings of unclear kind
Persistent Systems competitors and peers
Computers - Software & Consulting, 98 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Persistent Systems in market cap.IT companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 3,85,340 | 21.03 | 5.06 | +12.8% | +7.9% | 24.9% | 31.4% | 4.23% | |
| 1,85,228 | 14.06 | 2.35 | +8.2% | −2.4% | 16.0% | 15.9% | 4.28% | |
| 1,77,546 | 32.18 | 5.98 | +13.6% | +23.7% | 19.3% | 26.7% | 2.82% | |
| 1,20,419 | 23.04 | 4.65 | +14.7% | +7.4% | 21.2% | 27.3% | 1.92% | |
| 88,475 | 45.14 | 3.96 | +41.2% | +68.0% | 13.4% | 10.7% | 0.60% | |
| 49,998 | 26.17 | 4.65 | +13.7% | +9.8% | 18.8% | 19.9% | 2.37% | |
| 34,788 | 25.89 | 5.18 | – | – | 21.5% | 26.4% | 3.16% | |
| 23,199 | 34.62 | 7.96 | +10.0% | −0.1% | 23.9% | 28.2% | 2.01% |
Dividends
Per share, by the year it was paid for, and the latest payments.Persistent Systems dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 27 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹18.00 |
| 27 Jan 2026 | Interim | ₹22.00 |
| 14 Jul 2025 | Final | ₹15.00 |
| 31 Jan 2025 | Interim | ₹20.00 |
| 9 Jul 2024 | Final | ₹10.00 |
| 30 Jan 2024 | Interim | ₹32.00 |
Latest announcements
Routine notices left out.Persistent Systems announcements
Oct 2026
26 Oct · Committee Meeting Updates
26 Oct · Committee Meeting Updates
22 Oct · Rating
21 Oct · Rating
21 Oct · Committee Meeting Updates
21 Oct · Committee Meeting Updates
Persistent Systems share price by year
Each calendar year to 2025.Persistent Systems share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 6,272.00 | −2.9% | 6,563.50 | 4,402.75 |
| 2024 | 6,457.70 | +74.8% | 6,674.20 | 3,351.85 |
| 2023 | 3,694.70 | +90.9% | 3,759.53 | 1,925.95 |
| 2022 | 1,935.45 | −21.1% | 2,457.85 | 1,570.93 |
| 2021 | 2,452.18 | +223.3% | 2,452.18 | 748.78 |
| 2020 | 758.58 | +125.0% | 766.20 | 231.88 |
| 2019 | 337.08 | +8.3% | 345.20 | 251.85 |
| 2018 | 311.33 | −13.3% | 442.50 | 268.88 |
| 2017 | 359.00 | +16.5% | 359.00 | 281.80 |
| 2016 | 308.25 | −3.9% | 385.63 | 292.93 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 5,600.00 | 5,873.50 | 5,600.00 | 5,850.00 | 5,767.24 | 4,58,956 | 40.2% |
| 23 Oct 2026 | 5,810.00 | 5,914.50 | 5,674.50 | 5,727.50 | 5,778.44 | 11,73,561 | 47.8% |
| 22 Oct 2026 | 5,820.00 | 5,906.50 | 5,733.50 | 5,740.50 | 5,796.43 | 7,38,967 | 45.5% |
| 21 Oct 2026 | 5,700.00 | 5,868.00 | 5,690.00 | 5,858.50 | 5,791.64 | 9,11,865 | 42.3% |
| 19 Oct 2026 | 5,742.00 | 5,909.00 | 5,635.00 | 5,690.00 | 5,785.36 | 12,77,186 | 52.6% |
| 16 Oct 2026 | 5,600.00 | 5,755.00 | 5,492.00 | 5,741.00 | 5,636.91 | 21,96,570 | 30.4% |
| 15 Oct 2026 | 5,955.00 | 6,010.00 | 5,791.50 | 5,840.00 | 5,872.72 | 13,34,838 | 50.0% |
| 14 Oct 2026 | 5,988.00 | 6,078.00 | 5,882.50 | 5,898.00 | 5,950.14 | 6,32,681 | 44.7% |
| 13 Oct 2026 | 5,801.00 | 6,008.50 | 5,787.00 | 5,988.00 | 5,941.68 | 10,12,839 | 40.6% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 28 Mar 2024 | Split | 0.5000 | Each share became 2. |
| 10 Mar 2015 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
Company details
- NSE symbol
- PERSISTENT
- BSE code
- 533179
- ISIN
- INE262H01021
- Industry
- IT - Software
- Website
- www.persistent.com
- CIN
- L72300PN1990PLC056696
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1990
- Registered office
- Bhageerath, 402, Senapati Bapat Road, Pune 411016, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments