Persistent Systems 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. An average target of ₹5519.55
Source: S&P Global Market Intelligence
Persistent Systems Share analysis
Persistent Systems price forecast by 33 analysts
Downside of
High
₹8462
Target
₹5519.55
Low
₹3090
Persistent Systems target price ₹5519.55, a slight downside of -14.84% compared to current price of ₹6405.95. According to 33 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Persistent Systems revenue growth forecast
Expected growth rate Q1, FY2026:40.76%
Forecast
Actual
Including amortisation and stock based compensations
Persistent Systems EPS growth forecast
EPS estimate Q1, FY2026:54.64%
Forecast
Actual
Source: S&P Global Market Intelligence
Persistent Systems Performance
Day's Low
Day's High
₹6,311.7Day's Price Range₹6,527.8552 Week's Low
52 Week's High
₹1,790.0952-Week Price Range₹6,788.9
| Returns % | |
| 1 Month Return | + 7.28 % |
| 3 Month Return | + 23.44 % |
| 1 Year Return | + 77.87 % |
| Market Stats | |
| Previous Close | ₹6,481.15 |
| Open | ₹6,499.00 |
| Volume | 2.46L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,01,008.72Cr |
Persistent Systems Key Statistics
| P/E Ratio | 80.09 |
| PEG Ratio | 5.2 |
| Market Cap | ₹1,01,008.72 Cr |
| P/B Ratio | 12.86 |
| EPS | 70.98 |
| Dividend Yield | 0.65 |
| Sector | IT - Software |
| ROE | 22.61 |
Persistent Systems Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹1,01,008.72 Cr | 353.23% | 0.52 | ₹1,093 Cr | ₹9,821 Cr | |
| BUY | ₹25,003.88 Cr | 93.93% | 0.50 | ₹297 Cr | ₹1,842 Cr | |
| ₹41,762.54 Cr | 140.01% | 0.55 | NA | NA | ||
| BUY | ₹64,831.21 Cr | 98.91% | 0.57 | ₹835 Cr | ₹9,179 Cr | |
| ₹50,776.23 Cr | 43.5% | 0.56 | ₹1,306 Cr | ₹9,647 Cr |
Persistent Systems Mutual Fund Holdings
About Persistent Systems
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: ₹6405.95 per share as on 03 Jan, 2025 04:04 PM
Market Capitalisation: ₹1,01,008.72Cr 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 |
| Headquarters | |
| Industry | IT - Software |
| E-voting on shares | Click here to vote |
Key events for Persistent Systems Ltd
Persistent Systems Receives Positive Rating from Macquarie - 01 Jan, 2025
Sunil Sapre's retirement as Executive Director is noted, while Macquarie maintains an Outperform rating for Persistent Systems with a target price of Rs 6,759.Persistent Systems Faces Decline Amid Strong Growth Prospects - 31 Dec, 2024
Persistent Systems reported a 23.4% YoY net profit increase and a 20.1% rise in revenue. However, the stock declined 3.47% amid sector downturn, despite positive growth expectations.Persistent Systems Surges Near 52-Week High - 30 Dec, 2024
On December 30, 2024, Persistent Systems gained 4.03%, trading just 3.99% below its 52-week high. The stock reached an intraday high of Rs 6533.7, reflecting strong performance with a 12.77% increase over the past month, outperforming the Sensex. Persistent Systems is trading above all key moving averages, indicating a positive trend in the competitive IT sector.Persistent Systems Reports Strong 2QFY25 Results - 24 Dec, 2024
Persistent Systems achieved its 18th consecutive quarter of revenue growth in 2QFY25, with revenues up 20.1% YoY. The stock surged nearly 11% following the results, reflecting strong performance in Healthcare & Life Sciences and BFSI sectors. EBIT also grew significantly, and the company secured key deals, boosting its Total Contract Value.InCred Equities Maintains Hold on Persistent Systems - 23 Dec, 2024
InCred Equities has a hold rating on Persistent Systems with a target price of Rs 6,863, reflecting positive growth in financial services and healthcare sectors. The company reported a 6.35% increase in total income for Q3 FY25, with a net profit of Rs 325 crore. Promoters and institutional investors hold significant stakes, indicating confidence in the company's future performance.Persistent Systems Hits New Highs Amid Positive Brokerage Outlook - 20 Dec, 2024
Persistent Systems shares reached a new 52-week high, supported by CLSA's Outperform rating and cautious optimism, despite concerns over weak order books for others.Persistent Systems Hits Record High Amid Growth Projections - 19 Dec, 2024
Persistent Systems Ltd reached a record high of Rs 6708, with CLSA projecting a target of Rs 8,462. The firm is expected to see significant growth, with a 21% CAGR in US dollar sales over FY25-27, driven by multiple growth drivers and margin levers.InCred Equities Bullish on Persistent Systems - 18 Dec, 2024
InCred Equities has issued a buy recommendation for Persistent Systems, setting a target price of Rs 6,863, citing strong business momentum and potential growth in the hi-tech vertical.Persistent Systems Reaches Record High Amid Bullish Sentiment - 17 Dec, 2024
Persistent Systems shares rose to a record high of Rs 6,557.70, reflecting an 80.37% increase over the year. Analysts maintain a bullish outlook, with target prices suggesting further upside, despite warnings of overbought conditions. Profit booking is advised at current levels.Persistent Systems Receives Positive Outlook from JPMorgan - 16 Dec, 2024
JPMorgan maintains an Overweight rating on Persistent Systems, projecting strong growth driven by client mining and GenAI. The stock has delivered 80% returns in the past year, outperforming the Nifty IT index.Persistent Systems Maintains Strong Growth Outlook - 13 Dec, 2024
Sharekhan recommends a BUY on Persistent Systems with a target price of Rs 7,280, citing robust order inflows, margin expansion, and industry-leading growth potential for FY25.Persistent Systems Target Price Raised by CLSA - 05 Dec, 2024
Persistent Systems shares hit a new high as CLSA raises the target price to ₹8,462, forecasting a 21% CAGR in U.S. dollar sales over FY25-27. The stock has shown significant growth, with a 23.4% YoY rise in net profit for Q2. Analysts suggest strong operational leverage and margin expansion potential.
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
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 23.4%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 22.55% to 23.33% in Sep 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 17.50% to 16.96% in Sep 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 22.73% to 22.04% 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 Financials
Index Inclusions
Persistent Systems 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 Key Indicators
Persistent Systems Valuation
Persistent Systems in the last 5 years
Lowest (7.47x)
March 28, 2019
Industry (40.25x)
January 2, 2025
Today (80.09x)
January 2, 2025
Highest (82.47x)
December 19, 2024
Persistent Systems 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 0.99%.
Read More about Dividends
Persistent Systems 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 ₹6405.95
Persistent Systems Ltd is listed on NSE
Persistent Systems Ltd is listed on BSE
- Today’s highest price of Persistent Systems Ltd is ₹6527.85.
- Today’s lowest price of Persistent Systems Ltd is ₹6311.7.
PE Ratio of Persistent Systems Ltd is 80.09
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 2.46L.
Today’s market capitalisation of Persistent Systems Ltd(PERSISTENT) is ₹101008.72Cr.
| Persistent Systems Ltd(PERSISTENT | Price |
|---|---|
52 Week High | ₹6788.9 |
52 Week Low | ₹1790.09 |
Persistent Systems Ltd(PERSISTENT) share price is ₹6405.95. It is down -5.64% from its 52 Week High price of ₹6788.9
Persistent Systems Ltd(PERSISTENT) share price is ₹6405.95. It is up 257.86% from its 52 Week Low price of ₹1790.09
| Persistent Systems Ltd(PERSISTENT | Returns |
|---|---|
1 Day Returns | -75.2% |
1 Month Returns | 7.28% |
3 Month Returns | 23.44% |
1 Year Returns | 77.87% |