Persistent Systems Ltd Analyst Rating
based on 33 analysts
48.48%
Buy
15.15%
Hold
36.36%
Sell
Based on 33 analysts offering long term price targets for Persistent Systems Ltd. An average target of ₹5416.88
Source: S&P Global Market Intelligence
Persistent Systems Ltd Share analysis
Persistent Systems Ltd price forecast by 33 analysts
Downside of
High
₹6750
Target
₹5416.88
Low
₹3090
Persistent Systems Ltd target price ₹5416.88, a slight downside of -6.55% compared to current price of ₹5796.25. According to 33 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Persistent Systems Ltd revenue growth forecast
Expected growth rate Q1, FY2026:40.52%
Forecast
Actual
Including amortisation and stock based compensations
Persistent Systems Ltd EPS growth forecast
EPS estimate Q1, FY2026:54.51%
Forecast
Actual
Source: S&P Global Market Intelligence
Persistent Systems Ltd Performance
Day's Low
Day's High
₹5,752.2₹5,868.7552 Week's Low
52 Week's High
₹1,567.7₹5,868.75
| Returns % | |
| 1 Month Return | + 1.36 % |
| 3 Month Return | + 18.71 % |
| 1 Year Return | + 81.73 % |
| Market Stats | |
| Previous Close | ₹5,725.50 |
| Open | ₹5,780.00 |
| Volume | 6.89L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹89,231.92Cr |
Persistent Systems Ltd Key Statistics
| P/E Ratio | 71.62 |
| PEG Ratio | 4.65 |
| Market Cap | ₹89,231.92 Cr |
| P/B Ratio | 12.86 |
| EPS | 70.98 |
| Dividend Yield | 0.65 |
| Sector | IT - Software |
| ROE | 22.61 |
Persistent Systems Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹89,231.92 Cr | 324.71% | 0.52 | ₹1,093 Cr | ₹9,821 Cr | |
| BUY | ₹21,763.77 Cr | 80.1% | 0.50 | ₹297 Cr | ₹1,842 Cr | |
| ₹40,458.99 Cr | 145.01% | 0.55 | NA | NA | ||
| BUY | ₹54,780.72 Cr | 91.03% | 0.57 | ₹835 Cr | ₹9,179 Cr | |
| ₹54,674.52 Cr | 51.78% | 0.56 | ₹1,306 Cr | ₹9,647 Cr |
Persistent Systems Ltd Mutual Fund Holdings
About Persistent Systems Ltd
Persistent Systems Ltd provides software product engineering, technology consulting, and digital transformation services to customers across the globe. The company offers a wide range of services, including product engineering, cloud, mobility, analytics, artificial intelligence, and internet of things solutions.
The company has several popular brands, including WaveMaker, a low-code application development platform, and NuoDB, a distributed SQL database. Other popular products include Persistent’s enterprise-grade cloud platform, CloudFabrix, and its mobile application development platform, MobileFabrix.
Persistent Systems Ltd also offers a range of services, such as software product development, software testing and quality assurance, software maintenance and support, and IT infrastructure services. The company is also a leading provider of enterprise digital transformation services, helping customers to transform their business processes and operations.
Share Price: ₹5796.25 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹89,231.92Cr as of today
Revenue: ₹2,897.15Cr as on September 2024 (Q3 24)
Net Profit: ₹325.00Cr as on September 2024 (Q3 24)
Listing date: 06 Apr, 2010
Chairperson Name: Anand Deshpande
| Organisation | Persistent Systems Ltd |
| Headquarters | |
| Industry | IT - Software |
| E-voting on shares | Click here to vote |
Key events for Persistent Systems Ltd
Persistent Systems Hits 52-Week High After Earnings - 22 Nov, 2024
Persistent Systems Ltd shares reached a 52-week high of ₹5,868.75 following strong quarterly results, marking the 18th consecutive quarter of revenue growth.
Axis Direct Recommends Persistent Systems Stock - 21 Nov, 2024
Axis Direct has recommended Persistent Systems Ltd with a target price of Rs 6,158, suggesting an entry price between Rs 5,720 and Rs 5,777, while the stock is currently trading at Rs 5,725.5.
Leadership Change at Persistent Systems - 19 Nov, 2024
Persistent Systems announces the departure of a key leader, who spent 15 years with the company, significantly contributing to its growth in HR and sales.
Persistent Systems Reports Strong Q2FY25 Performance - 18 Nov, 2024
Persistent Systems closed at ₹5,646.50, down 1.2% from its peak. The company reported a 20.13% YoY revenue increase and a 23.45% profit surge in Q2FY25, showcasing strong financial health and strategic focus on AI and sustainability.
Persistent Systems Expands Offshore Development Centers - 02 Nov, 2024
Sandeep Karla, CEO of Persistent Systems, discussed the establishment of offshore development centers, emphasizing co-engineering and scaling teams to enhance service delivery for customers.
Persistent Systems Reports Strong Growth, Shares Decline - 31 Oct, 2024
Persistent Systems announced a 5.3% revenue growth in Q2, driven by BFSI and healthcare sectors. However, shares fell over 5% later in the day.
Persistent Systems Acquires Arrka Infosec for Growth - 28 Oct, 2024
Persistent Systems has completed the acquisition of Arrka Infosec for Rs 14.4 crore, establishing it as a wholly owned subsidiary. This strategic move enhances Persistent's cybersecurity and AI governance capabilities, aligning with its focus on digital governance. The company also reported strong Q2 results, with significant revenue and profit growth, reflecting operational efficiency and market resilience.
Persistent Systems: Strong Growth Amid Downgrade - 24 Oct, 2024
Persistent Systems reported a 23.4% YoY net profit increase, driven by AI services. However, KR Choksey downgraded the stock to REDUCE due to stretched valuations.
Insights on Persistent Systems Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 16 quarters, 1.10K Cr → 2.94K Cr (in ₹), with an average increase of 6.3% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 22.55% to 23.33% in Sep 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 306.42 Cr → 325.0 Cr (in ₹), with an average increase of 5.7% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, PERSISTENT stock has moved up by 18.7%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 22.73% to 22.04% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 17.50% to 16.96% in Sep 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 31.02% to 30.66% in Sep 2024 quarter
Persistent Systems Ltd Financials
Index Inclusions
Persistent Systems Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 30.66% | ||
| Foreign Institutions | 23.33% | 3.45 | |
| Mutual Funds | 22.04% | ||
| Retail Investors | 16.96% | ||
| Others | 7.01% | 13.15 |
Persistent Systems Ltd Key Indicators
Persistent Systems Ltd Valuation
Persistent Systems Ltd in the last 5 years
Lowest (7.47x)
March 28, 2019
Industry (38.50x)
November 22, 2024
Today (71.62x)
November 22, 2024
Highest (71.62x)
November 22, 2024
Persistent Systems Ltd Earnings and Dividends
Persistent Systems Ltd Earnings Results
Persistent Systems Ltd’s net profit jumped 23.45% since last year same period to ₹325Cr in the Q2 2024-2025. On a quarterly growth basis, Persistent Systems Ltd has generated 6.06% jump in its net profits since last 3-months.
Read More about Earnings ResultsPersistent Systems Ltd Dividends April,2024
In the quarter ending March 2024, Persistent Systems Ltd has declared dividend of ₹10 - translating a dividend yield of 1.10%.
Read More about Dividends
Persistent Systems Ltd Technicals Summary
Bearish
Neutral
Bullish
Persistent Systems Ltd is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Persistent Systems Ltd
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Persistent Systems Ltd (PERSISTENT) share price today is ₹5796.25
Persistent Systems Ltd is listed on NSE
Persistent Systems Ltd is listed on BSE
- Today’s highest price of Persistent Systems Ltd is ₹5868.75.
- Today’s lowest price of Persistent Systems Ltd is ₹5752.2.
PE Ratio of Persistent Systems Ltd is 71.62
PE ratio = Persistent Systems Ltd Market price per share / Persistent Systems Ltd Earnings per share
Today’s traded volume of Persistent Systems Ltd(PERSISTENT) is 6.89L.
Today’s market capitalisation of Persistent Systems Ltd(PERSISTENT) is ₹89231.92Cr.
| Persistent Systems Ltd(PERSISTENT | Price |
|---|---|
52 Week High | ₹5868.75 |
52 Week Low | ₹1567.7 |
Persistent Systems Ltd(PERSISTENT) share price is ₹5796.25. It is down -1.24% from its 52 Week High price of ₹5868.75
Persistent Systems Ltd(PERSISTENT) share price is ₹5796.25. It is up 269.73% from its 52 Week Low price of ₹1567.7
| Persistent Systems Ltd(PERSISTENT | Returns |
|---|---|
1 Day Returns | 70.75% |
1 Month Returns | 1.36% |
3 Month Returns | 18.71% |
1 Year Returns | 81.73% |