Persistent Systems is a global solutions company with 35 years of technical expertise and industry experience, providing digital business transformation and modernization. Persistent Systems is headquartered in Pune, India, and boasts over 24,500 employees located in 19 countries. The Company is committed to innovation and client success.
The company operates as a comprehensive technology services provider, focusing on helping businesses across industries achieve digital transformation through innovative solutions and deep technical expertise. Persistent offers a comprehensive suite of services, including AI-enabled software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation.
Persistent Systems Ltd is an India-based provider of software solutions organized in three segments based on the end market:
* Software, Hi-Tech, and Emerging Industries (deriving the majority of its revenue)
* Banking, Financial Services and Insurance
* Healthcare & Life Sciences
The company's service portfolio encompasses modern technology solutions designed to address contemporary business challenges. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products.
Persistent Systems has a Market Capitalization of ₹92,213 Crore (up 23.6% in 1 year), a Revenue of ₹11,939 Crore, and a Profit of ₹1,400 Crore as of the latest available data. The stock is trading at 14.4 times its book value, and Promoter Holding is 30.7%. The company's robust financial trajectory reflects its strong market position and operational efficiency.
For the quarter ended March 2025 (Q4 FY25):
* Net profit jumped 25.51% since last year same period to ₹395.76 Crore.
* Sales rose 25.15% to ₹3,242.11 Crore compared to ₹2,590.53 Crore during the previous quarter ended March 2024.
On an annual basis (FY25):
* Net profit rose 28.05% to ₹1,400.16 Crore compared to ₹1,093.49 Crore during the previous year ended March 2024.
* Sales rose 21.56% to ₹11,938.72 Crore compared to ₹9,821.59 Crore during the previous year ended March 2024.
The company's growth trajectory is particularly noteworthy, with Persistent Systems reporting a strong growth trajectory with a 28% CAGR in revenue and net profit, aiming for $2 billion in revenue by FY27.
Persistent Systems has been making strategic moves to strengthen its market position and capabilities.
* The business transfer of Starfish Associates LLC to Persistent Systems for USD 2.45 million was effective April 1, 2025.
* The company has strengthened its leadership team with the appointment of Ms. Shimona Chadha as Chief Marketing Officer, effective July 2, 2025.
The company's focus on emerging technologies is evident through its AI initiatives. Reaffirming its commitment to developing innovative solutions based on its own IP, Persistent filed 20+ patents related to SASVA™, its AI-powered software development platform. This demonstrates the company's commitment to innovation and intellectual property development.
Persistent Systems maintains a consistent dividend policy, rewarding shareholders through regular distributions. The Board of Directors recommended a Final Dividend of ₹15 per share. This brings the total dividend for the year to ₹35, acknowledging Persistent's 35th anniversary. The Board of Directors declared an Interim Dividend of ₹20 per share on the face value of ₹5 each for the Financial Year 2024-2025.
The company has garnered significant recognition within the industry, reflecting its capabilities and market position. With a growth of 327% in brand value and 36% in brand strength, Persistent is the fastest-growing IT Services Brand according to the 2024 Brand Finance India 100 Report. This recognition underscores the company's strong brand presence and market perception.
Persistent is also a constituent of the Dow Jones Sustainability World Index. The Company is part of the MSCI India Index and is included in key indices of the National Stock Exchange of India, including the Nifty Midcap 50, Nifty IT, and Nifty MidCap Liquid 15, as well as several on the BSE such as the S&P BSE 100 and S&P BSE SENSEX Next 50.
The stock has shown strong performance over various timeframes:
* Last 12 Months: Persistent Systems Ltd share price moved up by 24.14% on BSE.
* Last 3 Years: Persistent Systems Ltd share price moved up by 261.75% on BSE.
This performance reflects the company's consistent growth and market confidence.
48.48% of analysts recommend a 'HOLD' rating for Persistent Systems. Persistent Systems target price is ₹5,594.7, indicating a slight downside of -8.41% compared to the current price of ₹6,055.5. This mixed analyst sentiment suggests a balanced view of the stock's current valuation and future prospects.
The company's commitment to sustainability and responsible business practices is evident through its various initiatives. The Company has achieved carbon neutrality, reinforcing its commitment to sustainability and responsible business practices. As a participant of the United Nations Global Compact, Persistent is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as taking actions that advance societal goals.
