
Persistent Systems has been a prominent player in the IT industry for over three decades. The company was founded in 1993 by Bevan Daswani, along with a few other entrepreneurs.
One of the key factors contributing to Persistent Systems' success is its strong focus on delivering high-quality software solutions to its clients. This commitment has earned the company numerous industry awards and recognition.
Persistent Systems has a diverse portfolio of services, including digital transformation, cloud computing, and artificial intelligence.
Recommended read: Persistent Systems Limited Stock Price
Financials
Persistent Systems has reported strong financials, with revenue growing sequentially. The company's revenue reached 9,821.59 Cr in 2024, up from 8,350.59 Cr in 2023.
The net profit has also seen a significant increase, reaching 1,093.49 Cr in 2024, up from 921.09 Cr in 2023. This growth in net profit is a positive sign for the company's financial health.
The company's earnings per share (EPS) have been steadily increasing, reaching 91.22 in 2025. This indicates a healthy return on investment for shareholders.
Financials
Persistent Systems' financials are a key area of focus. The company's revenue has seen significant growth, increasing from 4,187.89 Cr in 2021 to 11,938.72 Cr in 2025.
One notable trend is the steady increase in revenue over the years. Here's a breakdown of the revenue growth:
The company's net profit has also seen a notable increase, from 450.68 Cr in 2021 to 1,400.16 Cr in 2025. This growth in net profit is a positive sign for the company's financial health.
Valuations
Valuations are a crucial aspect of financial analysis. The stock score indicates that the current stock price is 24.41% away from its 52-week high.
A key metric to consider is the recommended price, which is 6068.60, and the target price, which is 7000. This suggests a potential upside for investors.
The stock's performance can be tracked over different time periods, including 1 week, 1 month, 3 months, 6 months, 1 year, 2 years, and 5 years. This data can help investors make informed decisions about their investments.
Here's a summary of the stock's performance over different time periods:
It's essential to note that the stock's performance can be affected by various factors, including market trends and economic conditions.
Forecast
As we dive into the world of financial forecasting, it's essential to understand the trends that are shaping the industry. The current economic climate is expected to be influenced by the global trade tensions, which have already led to a decline in international trade.
The US GDP growth rate is projected to slow down to 1.7% in 2023, according to the Federal Reserve's forecast. This slowdown is largely attributed to the ongoing trade tensions with China.
The inflation rate is expected to remain relatively low, averaging around 2.1% in 2023. This low inflation rate is a result of the Federal Reserve's decision to keep interest rates low.
The housing market is expected to experience a slight decline in 2023, with a predicted 2.5% decrease in home prices. This decline is largely due to the increasing interest rates and the high inventory of existing homes.
The stock market is expected to be volatile in 2023, with a predicted 10% fluctuation in stock prices. This volatility is largely attributed to the ongoing trade tensions and the uncertainty surrounding the global economy.
News and Updates
Persistent Systems shares have seen some movement in recent days. Their stock rose 2.08% in early trade on August 25, 2025.
The company's shares also saw a 2.14% increase on the Nifty Midcap 150 on August 12, 2025.
Analysts have been optimistic about the company's prospects, with Deven Choksey suggesting an accumulation target of Rs 5790 on July 29, 2025, and Sharekhan recommending a buy with a target of Rs 6600 on July 28, 2025.
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News
Persistent Systems has been making headlines in recent months. Their shares rose 2.08% in early trade on August 25, 2025.
This isn't the only time their stock has seen an increase. On August 12, 2025, their shares rose 2.14% on the Nifty Midcap 150.
Analysts have also been weighing in on the company. Deven Choksey of Prabhudas Lilladher recommended accumulating Persistent Systems, with a target price of Rs 5790, on July 29, 2025.
Sharekhan also gave the company a thumbs up, suggesting a buy with a target price of Rs 6600, on July 28, 2025.
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Here are the details on the recent stock performance:
- Persistent Systems shares rose 2.08% in early trade on August 25, 2025
- Persistent Systems shares rose 2.14% on Nifty Midcap 150 on August 12, 2025
- Deven Choksey recommended accumulating Persistent Systems with a target price of Rs 5790 on July 29, 2025
- Sharekhan suggested buying Persistent Systems with a target price of Rs 6600 on July 28, 2025
Press Release
Persistent Systems has made several announcements under Regulation 30 (LODR) in recent times.
The company has released press releases on specific dates, including October 14, 2025, and September 17, 2025.
These press releases contain important information about the company's achievements and milestones, such as being awarded the "Growth Honor of the Year" at the 2025 Everest Group Elevate Honors.
On October 14, 2025, Persistent Systems also hosted an investor/analyst session, the outcome of which is available for reference.
The company has also received an ESG Rating voluntarily issued by SES ESG Research Pvt. Ltd., with an update available in the same announcement.
The company's investor/analyst calls, such as the one held on October 14, 2025, for the quarter and half year ended on September 30, 2025, are also available in the form of transcripts.
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LODR Newspaper Publication
Persistent Systems made a significant announcement under Regulation 30 (LODR) by publishing it in the newspaper.
The company's share price saw a surge on Wednesday after it announced robust Q2 FY26 financial results.
Net profit jumped by a substantial 45.1% year-on-year, exceeding expectations.
Revenue also grew strongly, indicating a positive trend.
Brokerages like Nuvama and Choice International Equities reiterated their positive ratings, citing strong deal momentum and growth potential, especially in AI.
The company's performance was a result of its strong deal momentum and growth potential.
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Company Update on H-1B Visa Applications
Persistent Systems recently updated their stance on the recent H-1B visa announcement.
The company has made an update on the recent H-1B visa applications, as mentioned in their official statement.
This update is a significant development in the ongoing saga of H-1B visa applications.
The update is enclosed within the company's official announcement.
It's essential to stay informed about the latest updates on H-1B visa applications to ensure a smooth process for those affected.
The company's update provides clarity on their stance regarding the recent H-1B visa announcement.
The details of the update are crucial for anyone relying on H-1B visa applications.
By staying up-to-date with the latest news and updates, individuals can make informed decisions about their visa applications.
The company's official statement contains the necessary information for those seeking clarification on the H-1B visa announcement.
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Management and Leadership
Persistent Systems has a strong foundation in management and leadership, thanks to key individuals like Sunil Sapre, the Executive Director and CFO. He joined the company in 2015 and has since driven financial growth and stability.
Sunil plays a vital role in managing financial operations, strategy, and overall financial performance. He's instrumental in strategic decision-making, evaluating investment opportunities, and assessing financial implications.
Sandeep Kalra
Sandeep Kalra is a renowned expert in management and leadership. He emphasizes the importance of accountability in leadership, citing the example of a CEO who takes responsibility for a company's mistakes and uses them as an opportunity for growth.
Effective leaders like Sandeep Kalra understand that accountability is key to building trust with their teams. This means being transparent about their decisions and actions, and being willing to admit when they're wrong.
Sandeep Kalra also stresses the need for leaders to be adaptable and open to change. He notes that rigid leaders can stifle innovation and creativity, while adaptable leaders can navigate complex challenges with ease.
Leaders who prioritize learning and development, like Sandeep Kalra, are better equipped to handle the demands of a rapidly changing business environment.
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Executive CFO
Sunil Sapre is an executive director and the Chief Financial Officer (CFO) of Persistent Systems, a role he's been instrumental in since 2015.
As CFO, Sunil plays a vital role in managing the company's financial operations, strategy, and overall financial performance.
He joined Persistent Systems in 2015 and has since been instrumental in driving the financial growth and stability of the organization.
Sunil plays a key role in strategic decision-making, evaluating investment opportunities, and assessing the financial implications of business decisions.
His experience has been crucial in driving financial growth and stability, making him a valuable asset to the company.
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Industry and Market
Persistent Systems operates in a variety of industries, with a notable focus on Information technology, Health Care & Medical, Education, eCommerce, Consumer products & services, and Business services, which account for 10% of the industry's focus each.
Their industry focus also includes Telecommunications, Financial services, Media, Government, and Hospitality & leisure, although to a lesser extent.
Here's a breakdown of the industries Persistent Systems focuses on:
- Information technology10%
- Health Care & Medical10%
- Education10%
- eCommerce10%
- Consumer products & services10%
- Business services10%
- Telecommunications5%
- Financial services5%
- Media5%
- Government5%
- Hospitality & leisure2%
- Other industries2%
- Retail2%
- Real estate2%
- Manufacturing2%
- Legal2%
- Automotive2%
- GPS, Navigation & GIS2%
- Gaming2%
ICT Spending & Priorities
Companies like Persistent Systems Ltd are likely to spend a significant amount on technology areas, according to IT Client Prospector.
This spend enables them to understand the digital strategy and make informed decisions.
Persistent Systems Ltd's ICT spend is likely to be substantial, allowing them to invest in various technology areas.
IT Client Prospector provides valuable intelligence on this spend, helping businesses like ours stay ahead of the curve.
By understanding Persistent Systems Ltd's ICT priorities, we can better align our own technology strategies with theirs.
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Industry Focus
Persistent Systems' industry focus is quite diverse, but they seem to have a strong presence in the Information technology sector, with a 10% focus on this area.
Here's a breakdown of the industries they've invested in:
- Telecommunications (5%)
- Financial services (5%)
- Media (5%)
- Government (5%)
- Hospitality & leisure (2%)
- Other industries (2%)
- Retail (2%)
- Real estate (2%)
- Manufacturing (2%)
- Legal (2%)
- Automotive (2%)
- GPS, Navigation & GIS (2%)
- Gaming (2%)
- Health Care & Medical (10%)
- Education (10%)
- eCommerce (10%)
- Consumer products & services (10%)
- Business services (10%)
- Transportation (1%)
- Utilities (1%)
Note that Persistent Systems hasn't disclosed their pricing, so it's hard to compare them directly to other companies in India and Pune.
Regulatory and Compliance
Persistent Systems is a company that operates in a highly regulated environment. They must comply with various laws and regulations, including the Sarbanes-Oxley Act, which requires publicly traded companies to maintain accurate financial records.
Their compliance efforts are led by a dedicated team that ensures all aspects of the business are in line with regulatory requirements. This includes regular audits and risk assessments to identify potential areas of non-compliance.
Persistent Systems has a robust compliance program in place, which includes policies and procedures for addressing regulatory issues. This program is reviewed and updated regularly to ensure it remains effective.
The company's commitment to compliance is evident in their reporting and disclosure practices. They provide transparent and timely information to stakeholders, including investors and regulatory bodies.
Persistent Systems has a strong track record of compliance, with no major regulatory issues in recent years. This is a testament to their dedication to adhering to regulatory requirements.
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Investor Relations
Persistent Systems regularly updates its investors through various announcements and presentations.
The company has been recognized for its growth, receiving the "Growth Honor of the Year" award at the 2025 Everest Group Elevate Honors.
Persistent Systems holds investor/analyst calls to discuss its performance and business outlook. One such call was held on Tuesday, October 14, 2025, at 6:00 P.M. (IST).
The company also conducts non-deal roadshows to engage with investors, with one scheduled for October 15-16, 2025.
You can find transcripts of these calls, like the one held on October 14, 2025, on the company's announcements.
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Competitor Comparison
Persistent Systems is a company that operates in a competitive industry, and understanding its position relative to its peers is essential. Persistent Systems Ltd is headquartered in India, specifically in the city of Pune, Maharashtra.
The company's size is notable, with 21,950 employees, a significant number compared to its competitors. Infosys Ltd, on the other hand, has a much larger workforce, with 323,578 employees.
Here's a comparison of the key parameters of these companies:
The entity type of Persistent Systems Ltd is public, which means it is listed on a stock exchange and its shares are available for public trading. This is in contrast to Encore Software Ltd, which is a private company.
LODR Earnings Call
Persistent Systems held an investor/analyst call on Tuesday, October 14, 2025, at 6:00 P.M. (IST).
The call was scheduled to comment on the Company's performance for the quarter and half year ended September 30, 2025.
A Non-Deal Roadshow was also scheduled to be held on Wednesday, October 15, 2025, and Thursday, October 16, 2025.
The Company informed investors about the investor/analyst call and the Non-Deal Roadshow through a letter.
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Frequently Asked Questions
What do Persistent Systems do?
Persistent Systems provides services in cloud computing, IoT, endpoint security, big data analytics, and software product engineering. They help businesses leverage technology to drive innovation and growth.
Who is the new CEO of Persistent Systems?
The CEO of Persistent Systems is Sandeep Kalra. He led the company to a significant increase in remuneration, topping the chart with ₹148 crore.
What is the highest salary in Persistent Systems?
The highest reported salary offered at Persistent Systems is ₹75.9 lakhs. Explore job opportunities at Persistent Systems to learn more about their compensation packages.
Why is Persistent Systems share falling?
Persistent Systems' share is falling due to underperformance against benchmarks and reduced investor interest. The stock price has declined by 0.86% to 5,671.95 as of July 10.
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