Persistent Systems Ltd Analyst Rating
based on 33 analysts
46.88%
Buy
18.75%
Hold
34.38%
Sell
Based on 33 analysts offering long term price targets for Persistent Systems Ltd. An average target of ₹5058.64
Source: S&P Global Market Intelligence
Persistent Systems Ltd Share analysis
Persistent Systems Ltd price forecast by 33 analysts
Downside of
High
₹6500
Target
₹5058.64
Low
₹2965
Persistent Systems Ltd target price ₹5058.64, a slight downside of -8.13% compared to current price of ₹5247.65. According to 33 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Persistent Systems Ltd revenue growth forecast
Expected growth rate Q1, FY2026:38.00%
Forecast
Actual
Including amortisation and stock based compensations
Persistent Systems Ltd EPS growth forecast
EPS estimate Q1, FY2026:53.63%
Forecast
Actual
Source: S&P Global Market Intelligence
Persistent Systems Ltd Performance
Day's Low
Day's High
₹5,205₹5,56052 Week's Low
52 Week's High
₹1,406.44₹5,689.95
| Returns % | |
| 1 Month Return | + 3.31 % |
| 3 Month Return | + 15.7 % |
| 1 Year Return | + 89.66 % |
| Market Stats | |
| Previous Close | ₹5,506.15 |
| Open | ₹5,508.00 |
| Volume | 4.98L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹85,813.35Cr |
Persistent Systems Ltd Key Statistics
| P/E Ratio | 71.29 |
| PEG Ratio | 4.95 |
| Market Cap | ₹85,813.35 Cr |
| P/B Ratio | 12.86 |
| EPS | 70.98 |
| Dividend Yield | 0 |
| 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 | ₹85,813.35 Cr | 335.95% | 0.52 | ₹1,093 Cr | ₹9,821 Cr | |
| BUY | ₹21,981.22 Cr | 108.61% | 0.50 | ₹297 Cr | ₹1,842 Cr | |
| ₹45,644.59 Cr | 188.71% | 0.55 | NA | NA | ||
| HOLD | ₹48,088.88 Cr | 79.3% | 0.57 | ₹835 Cr | ₹9,179 Cr | |
| ₹54,318.89 Cr | 49.59% | 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: ₹5247.65 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹85,813.35Cr as of today
Revenue: ₹2,737.17Cr as on June 2024 (Q2 24)
Net Profit: ₹306.42Cr as on June 2024 (Q2 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 Launches Innovative SASVA 2.0 Platform - 18 Oct, 2024
Persistent Systems has launched SASVA 2.0, an AI-powered platform aimed at revolutionizing software development. This integrated solution enhances efficiency, accelerates time-to-market, and promotes innovation across sectors.
Persistent Systems Achieves Carbon Neutrality and Stock Gains - 09 Oct, 2024
Persistent Systems has achieved carbon neutrality for Scope 1 and 2 emissions ahead of schedule, verified by DNV. The stock rose 1.24%, marking its third consecutive gain, outperforming market indices.
Persistent Systems Achieves Carbon Neutrality Ahead of Schedule - 08 Oct, 2024
Persistent Systems has achieved carbon neutrality for Scope 1 and 2 emissions for FY23-24, one year ahead of its target. This milestone reflects the company's commitment to sustainability and aligns with global efforts to reach net-zero emissions by 2050.
Persistent Systems Strengthens AI Governance with Acquisition - 01 Oct, 2024
Persistent Systems has acquired Pune-based Arrka Infosec for Rs 14.4 crore, aiming to enhance its AI governance and data privacy management capabilities. The company is also projected to grow earnings by 19.4% annually, supported by a strong focus on R&D.
Persistent Systems Acquires Arrka to Boost AI Services - 30 Sep, 2024
Persistent Systems announced the acquisition of Pune-based Arrka, specializing in data privacy and AI governance, for Rs 14.4 crore. This strategic move aims to enhance its digital governance capabilities and strengthen AI-led services.
Launch of India's First Comprehensive Cancer Data Portal - 21 Sep, 2024
The Indian Cancer Genome Atlas has launched India's first comprehensive cancer data portal. Dr. Anand Deshpande encourages contributions to accelerate cancer research progress.
Positive Growth Outlook for Persistent Systems - 20 Sep, 2024
Analysts expect Persistent Systems to achieve significant margin improvement and conservatively estimate over 20% growth for the next year, supported by a larger sales team.
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 15 quarters, 1.10K Cr → 2.76K Cr (in ₹), with an average increase of 6.3% per quarter
- POSITIVE IMPACT
Price Rise
In the last 6 months, PERSISTENT stock has moved up by 56.9%
- 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
Promoter Holding Down
Promoters have decreased holdings from 31.02% to 30.66% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 315.32 Cr → 306.42 Cr (in ₹), with an average decrease of 2.8% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 22.73% to 22.04% 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 (39.56x)
October 18, 2024
Today (71.29x)
October 18, 2024
Highest (72.91x)
October 15, 2024
Persistent Systems Ltd Earnings and Dividends
Persistent Systems Ltd Earnings Results
Persistent Systems Ltd’s net profit jumped 33.94% since last year same period to ₹306.42Cr in the Q1 2024-2025. On a quarterly growth basis, Persistent Systems Ltd has generated -2.82% fall 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 1.22%.
Read More about Dividends
Persistent Systems Ltd Technicals Summary
Bearish
Neutral
Bullish
Persistent Systems Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Persistent Systems Ltd
- 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.
Persistent Systems Ltd (PERSISTENT) share price today is ₹5247.65
Persistent Systems Ltd is listed on NSE
Persistent Systems Ltd is listed on BSE
- Today’s highest price of Persistent Systems Ltd is ₹5560.
- Today’s lowest price of Persistent Systems Ltd is ₹5205.
PE Ratio of Persistent Systems Ltd is 71.29
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 4.98L.
Today’s market capitalisation of Persistent Systems Ltd(PERSISTENT) is ₹85813.35Cr.
| Persistent Systems Ltd(PERSISTENT | Price |
|---|---|
52 Week High | ₹5689.95 |
52 Week Low | ₹1406.44 |
Persistent Systems Ltd(PERSISTENT) share price is ₹5247.65. It is down -7.77% from its 52 Week High price of ₹5689.95
Persistent Systems Ltd(PERSISTENT) share price is ₹5247.65. It is up 273.12% from its 52 Week Low price of ₹1406.44
| Persistent Systems Ltd(PERSISTENT | Returns |
|---|---|
1 Day Returns | -258.5% |
1 Month Returns | 3.31% |
3 Month Returns | 15.7% |
1 Year Returns | 89.66% |