Persistent Systems Analyst Rating
based on 34 analysts
47.06%
Buy
17.65%
Hold
35.29%
Sell
Based on 34 analysts offering long term price targets for Persistent Systems. An average target of ₹6117.71
Source: S&P Global Market Intelligence
Persistent Systems Share analysis
Persistent Systems price forecast by 34 analysts
Upside of0.67%
High
₹9267
Target
₹6117.71
Low
₹3400
Persistent Systems target price ₹6117.71, a slight upside of 0.67% compared to current price of ₹6111.9. According to 34 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Persistent Systems revenue growth forecast
Expected growth rate Q1, FY2027:72.11%
Forecast
Actual
Including amortisation and stock based compensations
Persistent Systems EPS growth forecast
EPS estimate Q1, FY2027:95.53%
Forecast
Actual
Source: S&P Global Market Intelligence
Persistent Systems Performance
Day's Low
Day's High
₹6,008.05Day's Price Range₹6,253.9552 Week's Low
52 Week's High
₹1,965.552-Week Price Range₹6,788.9
| Returns % | |
| 1 Month Return | -3.71 % |
| 3 Month Return | + 13.4 % |
| 1 Year Return | + 42.09 % |
| Market Stats | |
| Previous Close | ₹6,076.75 |
| Open | ₹6,128.85 |
| Volume | 4.41L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹94,706.15Cr |
Persistent Systems Key Statistics
| P/E Ratio | 70.42 |
| PEG Ratio | 3.96 |
| Market Cap | ₹94,706.15 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 | ₹94,706.15 Cr | 319.03% | 0.52 | ₹1,093 Cr | ₹9,821 Cr | |
| BUY | ₹21,037.03 Cr | 63.35% | 0.50 | ₹297 Cr | ₹1,842 Cr | |
| ₹39,838.15 Cr | 104.16% | 0.55 | NA | NA | ||
| BUY | ₹55,799.58 Cr | 66.8% | 0.57 | ₹835 Cr | ₹9,179 Cr | |
| HOLD | ₹58,241.70 Cr | 44.72% | 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: ₹6111.90 per share as on 04 Feb, 2025 04:01 PM
Market Capitalisation: ₹94,706.15Cr as of today
Revenue: ₹3,062.28Cr as on December 2024 (Q4 24)
Net Profit: ₹372.99Cr as on December 2024 (Q4 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
Motilal Oswal Recommends Buy on Persistent Systems - 28 Jan, 2025
Motilal Oswal Financial Services has reiterated a buy rating on Persistent Systems with a target price of Rs 7,600, citing strong earnings growth and a projected 19% USD revenue CAGR over FY24-27E. The stock is currently trading at Rs 6,185, with a market cap of Rs 96,594.27 crore. Despite its high valuation, the brokerage believes there is still upside potential due to superior earnings growth.Persistent Systems Reports Strong Q3 and Dividend Announcement - 27 Jan, 2025
Persistent Systems announced a ₹20 interim dividend and reported strong Q3 results with 19.9% YoY revenue growth and improved margins, despite rising attrition rates.Persistent Systems Aims for Margin Expansion and Revenue Growth - 26 Jan, 2025
Persistent Systems is optimistic about exceeding its margin growth guidance of 15% for FY25, targeting an additional 300 basis points by FY27. The company reported an EBIT margin of 14.9% in Q3, aided by a cost optimization program. CEO Vinit Teredesai expressed confidence in achieving and surpassing these margin targets while pursuing a $2 billion revenue goal by FY27.Persistent Systems Shares Surge on Strong Q3 Results - 23 Jan, 2025
Persistent Systems shares jumped 10% following robust Q3 results, with a net profit of ₹372.99 crore and revenue growth. Analysts provided mixed ratings, reflecting cautious optimism about future performance and valuations.Persistent Systems Reports Strong Q3 Results Amid Stock Decline - 22 Jan, 2025
Persistent Systems shares fell over 6% ahead of Q3 results, but the company reported a 30% YoY net profit increase to Rs 373 crore, driven by AI-led services. Despite recent stock pressure, the company continues to show strong financial performance.Persistent Systems Launches AI Contract Management Solution - 15 Jan, 2025
Persistent Systems announced the launch of ContractAssIst, an AI-driven contract management solution developed with Microsoft, leading to a 5% surge in shares. The solution aims to streamline workflows and enhance collaboration for enterprises.Persistent Systems Stock Surges Post-Split - 13 Jan, 2025
Persistent Systems' stock price has dramatically increased from Rs 500-600 in 2019 to nearly Rs 12,000 following a stock split, indicating strong growth.Persistent Systems Unveils AI Knowledge Graph Tool - 09 Jan, 2025
Persistent Systems has launched Pi-OmniKG, an AI-powered knowledge graph solution developed with Google Cloud, aimed at accelerating biomedical research and improving data analysis. This innovative tool enhances data integration and streamlines workflows for healthcare organizations.Persistent Systems Announces Dividend and Financial Results - 08 Jan, 2025
Persistent Systems Limited will hold a board meeting to discuss Q3FY25 results and an interim dividend proposal. The record date for the dividend is set for January 29, 2025. The company reported a revenue increase to Rs 2,847 crore in Q2FY25, with a net profit of Rs 285.96 crore. The stock has shown strong returns over the past year.Persistent Systems Acquires Soho Dragon Assets for Growth - 06 Jan, 2025
Persistent Systems has entered an Asset Purchase Agreement to acquire select assets from Soho Dragon Solutions for $5.94 million, aiming to strengthen its position in the BFSI sector. The deal includes key employees and a customer contract generating $4.9 million annually, with completion expected in 4-8 weeks.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.
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 IMPACTProfit Spike
Netprofit is up for the last 3 quarters, 306.42 Cr → 372.99 Cr (in ₹), with an average increase of 9.3% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 17 quarters, 1.10K Cr → 3.10K Cr (in ₹), with an average increase of 6.2% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 23.33% to 24.75% in Dec 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, PERSISTENT stock has moved up by 13.4%
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 16.96% to 17.23% in Dec 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 30.66% of holdings in Dec 2024 quarter
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 22.04% to 21.35% in Dec 2024 quarter
Persistent Systems Financials
Index Inclusions
Persistent Systems Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 30.66% | 0.00 | |
| Foreign Institutions | 24.75% | 6.07 | |
| Mutual Funds | 21.35% | ||
| Retail Investors | 17.23% | 1.56 | |
| Others | 6.01% |
Persistent Systems Key Indicators
Persistent Systems Valuation
Persistent Systems in the last 5 years
Lowest (7.47x)
March 28, 2019
Industry (38.41x)
February 3, 2025
Today (70.42x)
February 3, 2025
Highest (82.47x)
December 19, 2024
Persistent Systems Earnings and Dividends
Persistent Systems Ltd Earnings Results
Persistent Systems Ltd’s net profit jumped 30.36% since last year same period to ₹372.99Cr in the Q3 2024-2025. On a quarterly growth basis, Persistent Systems Ltd has generated 14.77% jump in its net profits since last 3-months.
Read More about Earnings ResultsPersistent Systems Ltd Dividends January,2025
In the quarter ending December 2024, Persistent Systems Ltd has declared dividend of ₹20 - translating a dividend yield of 0.49%.
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
What is Persistent Systems Ltd price today?
Persistent Systems Ltd share price today stands at ₹6111.9, Open: ₹6128.85, Previous Close: ₹6076.75, High: ₹6253.95, Low: ₹6008.05, 52 Week High: ₹6788.9, 52 Week Low: ₹1965.5.
How to Buy Persistent Systems Ltd Share in India?
- Get a PAN card
- Open a Demat account
- Open a Trading account
- Link your Demat account to your Trading account
- Fund your Trading account
- Place an order to buy Persistent Systems Ltd shares
Is Persistent Systems Ltd listed on NSE?
Persistent Systems Ltd is listed on NSE
Is Persistent Systems Ltd listed on BSE?
Persistent Systems Ltd is listed on BSE
What are today's High and Low prices of Persistent Systems Ltd?
- Today's highest price of Persistent Systems Ltd is ₹6253.95.
- Today's lowest price of Persistent Systems Ltd is ₹6008.05.
What are today's traded volumes of Persistent Systems Ltd?
Today's traded volume of Persistent Systems Ltd(PERSISTENT) is 4.41L.
What is today's market capitalisation of Persistent Systems Ltd?
Today's market capitalisation of Persistent Systems Ltd(PERSISTENT) is ₹94706.15Cr.
What is the 52 Week High and Low Range of Persistent Systems Ltd?
How much percentage Persistent Systems Ltd is down from its 52 Week High?
Persistent Systems Ltd (PERSISTENT) share price is ₹6111.9. It is down -9.97% from its 52 Week High price of ₹6788.9
How much percentage Persistent Systems Ltd is up from its 52 Week low?
Persistent Systems Ltd (PERSISTENT) share price is ₹6111.9. It is up 210.96% from its 52 Week Low price of ₹1965.5
What are the historical returns of Persistent Systems Ltd?
What is the PE ratio of Persistent Systems Ltd today?
PE Ratio of Persistent Systems Ltd is 70.42
PE ratio = Persistent Systems Ltd Market price per share / Persistent Systems Ltd Earnings per share