TheScreener
Fundamental and technical screening for 1,000 listed companies.
Use ⌘K to search stocks, screens, and features instantly.
Persistent Systems Ltd.
PERSISTENTMid CapNSEBSE
Information Technology · Information Technology
₹5,865.00up 211.00up 3.73 percentas of 28 Aug 2026
Book value ₹515.38Div yield 0.68%
Key metrics
- Market Cap
- 92,307.42 ₹ cr
- P/E
- 47.56 x
- P/B
- 11.38 x
- ROE
- 14.94%
- ROCE
- 19.11%
- Debt to Equity
- 0.26 x
- Net Margin
- 12.92%
- Dividend Yield
- 0.68%
- Revenue Growth (YoY)
- 29.09%
Observations
Mechanical observations generated from stored data, not analysis or opinion. Each one names the threshold that produced it — the ROCE check below uses 20%, a fixed default rather than a value tailored to this company.
- ROCE above 20% in each of the last 3 financial years (2023-2024, 2024-2025, 2025-2026).
- Revenue grew year-on-year in each of the last 3 years.
- Net margin grew year-on-year in each of the last 3 years.
- Promoter holding 30.3% (pledge data not available).
- Debt-to-equity 0.26 — below the Information Technology median of 0.34.
PERSISTENT
₹5,865.00up 3.73 percent
EOD Synced: 28 Aug 2026 18:30 ISTOverview & Live Price Chart
Executive Investment Verdict & Quality Synthesis
Autonomous V2Multi-dimensional quantitative synthesis across capital efficiency, forensic accounting, intrinsic valuation, and ownership governance.
Factual Quantitative Consensus
1. Capital Efficiency & MoatHigh ROCE Compounder
27.44%ROCE
ROE: 23.80%·P/B: 11.38x
2. Forensic Health & SolvencyPiotroski 6/9 · Adequate Health
6/9Piotroski Score
Altman: 8.2 (Safe Zone)
3. Valuation & DCF Spread-73.2% Valuation Premium
₹1,569DCF Fair Value
CMP: ₹5,865.0
4. Ownership & GovernanceClean Promoter Holding
30.29%Promoter Stake
Pledged: 0.0%·Inst: 42.11%
Institutional Factor Scores
QVGM Factor Grade Matrix
Institutional Multi-Factor Profile (QVGM)
Composite 0–100 percentile ranks normalized across all 500 universe constituents
Rank #17 of 31 in Information TechnologyQVGM 58/100
Quality (Q)65
ROE, ROCE, Margins & Cash Conversion
Value (V)29
P/E, P/B, EV/EBITDA vs Sector Benchmarks
Growth (G)72
3Y Sales & EPS Compounded Growth
Momentum (M)64
Relative Strength & Trend Position
TheScreener Radar™ 5-Pillar Quantitative Scorecard
Holistic quantitative radar evaluating fundamental quality, valuation multiples, balance sheet health, growth, and price momentum
Sector Rank:Rank #17 of 31 in Information Technology
Valuation
Weak29/100
P/E Ratio:47.56x
P/B Ratio:11.38x
Dividend Yield:0.68%
P/E, P/B, EV/EBITDA & Dividend Yield relative to 5Y medians and sector
Growth
Strong72/100
3Y Sales CAGR:—
3Y PAT CAGR:—
Quarterly YoY:+12.4%
3-Year Compounded Sales & Net Profit Growth trajectory
Profitability
Moderate65/100
ROE:23.8%
ROCE:27.4%
OPM %:—
Return on Equity (ROE), ROCE & Operating Margin efficiency
Solvency & Health
Moderate67/100
Piotroski F-Score:6/9
Altman Z-Score:8.24
Debt / Equity:0.00
Balance Sheet strength, Altman Z-Score & Piotroski F-Score checklist
Momentum
Moderate64/100
1Y Return:—
RSI (14):54.2
From 52W High:—
1-Year Relative Strength vs NIFTY 500, RSI-14 & 52W High distance
Quantitative Drivers & Growth Analysis
52-week corridor, deep valuation multiples, compounded CAGR trajectory, and institutional flow shifts
52-Week Low₹4,298.50
From 52W High-10.64%
52-Week High₹6,563.50
Valuation MultiplesCash Flow & Yield
PEG Ratio1.84
Earnings Yield3.44%
Price / FCF607.33
FCF Yield0.16%
Payout Ratio19.83%
Net-Net Ratio-5.24
Solvency & SafetyPiotroski & Altman
Piotroski F-Score6/9
Altman Z-Score8.24
Graham Number₹1,529.41
1Y Flow & Margin ShiftsTrailing 12M
FII Stake:▼ 1.32%
DII Stake:▼ 0.80%
OPM Margin:▲ +1.01%
Net Margin:▲ +0.92%
Compounded Annual Growth Rate (CAGR Matrix)
Historical Fundamental Trajectory| Metric | QoQ Shift | YoY Shift | 1Y CAGR | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Revenue Growth | ▲ +6.10% | ▲ +29.09% | 23.53% | 20.88% | 28.63% |
| Net Profit Growth | ▼ 8.73% | ▲ +13.67% | 33.21% | 26.51% | 32.85% |
| EPS Growth | ▼ 8.30% | ▲ +12.01% | 37.07% | 25.86% | 32.98% |
Intrinsic Valuation Models & DCF Sensitivity
Institutional DCF & Intrinsic Valuation Studio — PERSISTENT
2-Stage Discounted Cash Flow, Reverse DCF Implied Growth, and Benjamin Graham & Peter Lynch valuation benchmarks.
DCF Intrinsic Fair Value
₹1,605.7
Verdict:Overvalued (-72.6%)
Benjamin Graham Number
₹1,172.3
-80% vs CMPPeter Lynch Fair Value
₹1,363.0
-76.8% vs CMPReverse DCF Implied Growth
45.5% CAGR
Aggressive Expectations (Priced for Perfection)Valuation Spectrum PositioningCMP: ₹5,865.0
₹0 (Distress)CMP: ₹5,865DCF: ₹1,606Graham: ₹1,172
Scenario Calibration & Sensitivity Levers
Tune Discount Rate (WACC), 5-Year Growth, and Terminal Value to model bear, base, and bull cases.
Discount Rate (WACC)11.5%
Cost of Capital Hurdle
5-Year FCF Growth CAGR6.0%
Assumed stage-1 cash flow expansionTerminal Growth Rate4.5%
Long-term perpetual GDP growth rate5-Year Projected Cash Flow Schedule (₹ Cr)
| Projection Period | Growth Rate | Projected FCF | Discount Factor | Present Value |
|---|---|---|---|---|
| Year 1 | 6% | ₹1,652 | 0.8969 | ₹1,482 |
| Year 2 | 6% | ₹1,751 | 0.8044 | ₹1,409 |
| Year 3 | 6% | ₹1,856 | 0.7214 | ₹1,339 |
| Year 4 | 6% | ₹1,968 | 0.6470 | ₹1,273 |
| Year 5 | 6% | ₹2,086 | 0.5803 | ₹1,210 |
2D Sensitivity Matrix (WACC vs Terminal Growth Rate)
Click any cell to apply WACC & terminal growth scenario. Values in ₹ / share.| WACC \ g(Terminal) | 3.0% | 4.0% | 4.5% | 5.0% | 6.0% |
|---|---|---|---|---|---|
| 10.0% | ₹1685 -71% | ₹1900 -68% | ₹2037 -65% | ₹2201 -62% | ₹2653 -55% |
| 11.0% | ₹1476 -75% | ₹1632 -72% | ₹1727 -71% | ₹1839 -69% | ₹2129 -64% |
| 11.5% | ₹1390 -76% | ₹1524 -74% | ₹1606 -73% | ₹1700 -71% | ₹1939 -67% |
| 12.0% | ₹1314 -78% | ₹1430 -76% | ₹1500 -74% | ₹1580 -73% | ₹1780 -70% |
| 13.0% | ₹1184 -80% | ₹1274 -78% | ₹1327 -77% | ₹1386 -76% | ₹1531 -74% |
Discounted cash flow (DCF) and valuation models are quantitative projections based on user-supplied assumptions — not a forecast, not a guarantee of future performance, and not SEBI-registered investment advice. Actual financial performance and stock price movements may differ materially.
New to intrinsic valuation models? Learn how Discounted Cash Flow and Terminal Growth rates work.Read DCF Academy Guide →
Valuation history
P/E47.56current
ReportedComputed, approximate
P/B11.38current
ReportedComputed, approximate
The dashed line is computed from historical close price divided by the most recently reported annual EPS or book value — not IndianAPI's own figure, which only ever gives a single current reading with no history behind it. Real results are typically disclosed several weeks after the fiscal year ends, so a computed point right around a year transition can lag what the market actually knew that day. The solid line is the real reported figure.
EV/EBITDA is not shown — there is no verified source for it in our data feed, and estimating it would misrepresent an estimate as a reported figure.
| Date | P/E | P/B |
|---|---|---|
| 31 Aug 2026 | 47.56 | 11.38 |
Analyst Consensus, Price Targets & Forecasts
Analyst Consensus & Recommendations
Aggregated institutional equity research ratings · 31 Aug 2026
Hold(2.85 / 5)
Strong Buy:5
Buy:11
Hold:8
Sell:4
Strong Sell:6
Coverage: 34 contributing analystsScale: 1 (Strong Buy) – 5 (Strong Sell)
Ratings shown are third-party analyst estimates compiled from institutional brokers. They do not constitute investment advice.
Risk Profile & Volatility
Statistical return volatility classification · 31 Aug 2026
Balanced risk
Low RiskModerate RiskHigh Risk
Annualised Standard Deviation:38.45%
Analyst Price Targets
12-month forward price consensus · 31 Aug 2026
Upside: -7.57%
Mean Target₹5,421.00vs CMP ₹5,865.00
High Target₹6,709.00+14.4% max upside
Low Target₹3,310.00-43.6% downside
Median Target₹5,443.0034 estimates
Low: ₹3,310.00Mean: ₹5,421.00High: ₹6,709.00
Mean Target Current Price (₹5,865.00)
Price targets are third-party analyst estimates compiled from institutional brokers. They do not constitute investment advice.
Forward Financial Forecasts & Consensus Estimates
Institutional broker consensus estimates and forward earnings trajectory
FY2024EConsensus
Mean Estimate
₹20.48
Low:—
High:—
FY2024EConsensus
Mean Estimate
₹59.50
Low:—
High:—
FY2024EConsensus
Mean Estimate
₹74.40
Low:—
High:—
FY2024EConsensus
Mean Estimate
₹68.44
Low:—
High:—
FY2025E14 Analysts
Mean Estimate
₹25.39
Low:—
High:—
FY2025EConsensus
Mean Estimate
₹19.89
Low:—
High:—
FY2025E15 Analysts
Mean Estimate
₹20.98
Low:—
High:—
FY2025E14 Analysts
Mean Estimate
₹23.93
Low:—
High:—
FY2026E10 Analysts
Mean Estimate
₹33.55
Low:—
High:—
FY2026E7 Analysts
Mean Estimate
₹33.60
Low:—
High:—
FY2026E8 Analysts
Mean Estimate
₹30.15
Low:—
High:—
FY2026E15 Analysts
Mean Estimate
₹27.21
Low:—
High:—
FY2027E6 Analysts
Mean Estimate
₹38.02
Low:₹37.00
High:₹39.00
FY2027E6 Analysts
Mean Estimate
₹40.08
Low:₹39.00
High:₹41.00
FY2027E9 Analysts
Mean Estimate
₹30.51
Low:—
High:—
FY2027E7 Analysts
Mean Estimate
₹34.48
Low:₹32.00
High:₹36.00
FY2028E3 Analysts
Mean Estimate
₹44.36
Low:₹42.00
High:₹46.00
FY2028E3 Analysts
Mean Estimate
₹41.84
Low:₹40.00
High:₹44.00
FY2028E3 Analysts
Mean Estimate
₹41.77
Low:₹40.00
High:₹44.00
FY2028E3 Analysts
Mean Estimate
₹46.47
Low:₹44.00
High:₹50.00
FY2029E1 Analysts
Mean Estimate
₹46.47
Low:₹46.00
High:₹46.00
| Period / Fiscal Year | Consensus Mean | Bull Case (High) | Bear Case (Low) | Brokers |
|---|---|---|---|---|
| FY2024 Forecast | ₹20.48 | — | — | — |
| FY2024 Forecast | ₹59.50 | — | — | — |
| FY2024 Forecast | ₹74.40 | — | — | — |
| FY2024 Forecast | ₹68.44 | — | — | — |
| FY2025 Forecast | ₹25.39 | — | — | 14 |
| FY2025 Forecast | ₹19.89 | — | — | — |
| FY2025 Forecast | ₹20.98 | — | — | 15 |
| FY2025 Forecast | ₹23.93 | — | — | 14 |
| FY2026 Forecast | ₹33.55 | — | — | 10 |
| FY2026 Forecast | ₹33.60 | — | — | 7 |
| FY2026 Forecast | ₹30.15 | — | — | 8 |
| FY2026 Forecast | ₹27.21 | — | — | 15 |
| FY2027 Forecast | ₹38.02 | ₹39.00 | ₹37.00 | 6 |
| FY2027 Forecast | ₹40.08 | ₹41.00 | ₹39.00 | 6 |
| FY2027 Forecast | ₹30.51 | — | — | 9 |
| FY2027 Forecast | ₹34.48 | ₹36.00 | ₹32.00 | 7 |
| FY2028 Forecast | ₹44.36 | ₹46.00 | ₹42.00 | 3 |
| FY2028 Forecast | ₹41.84 | ₹44.00 | ₹40.00 | 3 |
| FY2028 Forecast | ₹41.77 | ₹44.00 | ₹40.00 | 3 |
| FY2028 Forecast | ₹46.47 | ₹50.00 | ₹44.00 | 3 |
| FY2029 Forecast | ₹46.47 | ₹46.00 | ₹46.00 | 1 |
Third-party broker forecasts compiled from institutional research houses, not IndiScreener's proprietary estimates. Provided strictly for analytical benchmarking and does not constitute investment advice.
Forensic Accounting Audit & Solvency Risk
Accounting Health & Governance Quality Radar
Algorithmic accounting analysis across balance sheet solvency, cash conversion efficiency, and ownership stability.
Clean Governance & Solvency
Financial Strengths & Catalysts
6 Factors- •Company has delivered a high Return on Equity (ROE) of 23.8%.
- •Company maintains conservative leverage with D/E of 0.06x.
- •Company has demonstrated healthy revenue growth of 20.9% CAGR over 3 years.
- •Net profit has grown at an impressive 26.5% CAGR over 3 years.
- •Strong cash generation: Operating Cash Flow is 94.7% of reported Net Profit.
- •High institutional backing: FIIs & DIIs hold a combined 42.1%.
Risk Factors & Watchouts
0 WatchoutsClean profile: No major debt, leverage, or working capital red flags detected.
Forensic Accounting & Health Audit
Piotroski F-Score, Altman Z-Score Distress Model & Beneish Earnings Manipulation Checks
Piotroski F-Score6 / 9
● Moderate (Neutral)
Altman Z-Score8.24
● Safe Zone
Negligible risk of financial distress over the next 2 years.
Beneish M-Score-2.39
● Low Risk (Clean Accounting)
Cash flows closely match reported earnings with conservative accruals.
Learn how Piotroski F-Score (9 criteria) and Altman Z-Score detect earnings manipulation and bankruptcy risk.Read Forensic Guide →
10-Year Financial Statements & DuPont ROE
Financial Statements
consolidated · amounts in ₹ Crores
Accounting Flow:
Wall Street Cash Flow & Free Cash Flow (FCF) Cascade
FY26 (2025-2026)3-Stage institutional flow from reported earnings to owner Free Cash Flow and capital allocation
FCF Conversion Rate (FCF / PAT)
83.6%Healthy
Measures how much reported accounting profit turns into real liquid cash.
Free Cash Flow Margin
10.6%of Gross Revenue
Liquid cash retained per ₹100 of top-line revenue generated.
CapEx Reinvestment Rate
11.8%of Operating Cash
Portion of operating cash reinvested in future capacity and maintenance.
Reported Net Profit (PAT)₹1,865 CrInflow
1,865
+ D&A Non-Cash Charge₹403 CrAdd-back
403
Working Capital Adjustment-₹501 Cr- Tied Up
501
= Operating Cash Flow (CFO)₹1,767 CrOperating Cash
1,767
- Capital Expenditures (CapEx)-₹209 CrReinvestment
209
= Free Cash Flow (FCF)₹1,559 CrFree Cash Flow
1,559
- Dividends & Debt Repayment-₹410 CrCapital Return
410
= Net Change in Cash₹1,149 CrNet Balance
1,149
Multi-Year Historical FCF vs Reported PAT Trajectory:
Free Cash Flow (FCF) Reported Net Profit (PAT)
| Metric | 2018-201931 Mar 2019 | 2019-202031 Mar 2020 | 2020-202131 Mar 2021 | 2021-202231 Mar 2022 | 2022-202331 Mar 2023 | 2023-202431 Mar 2024 | 2024-202531 Mar 2025 | 2025-202631 Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹7,374.23 | ₹3,565.81 | ₹4,187.89 | ₹5,710.75 | ₹8,350.59 | ₹9,821.59 | ₹11,938.72 | ₹14,748.45 |
| Operating profit | ₹1,474.85 | ₹326.99 | ₹511.64 | ₹798.76 | ₹1,220.82 | ₹1,369.09 | ₹1,757.03 | ₹2,319.55 |
| OPM | 20.00% | 9.17% | 12.22% | 13.99% | 14.62% | 13.94% | 14.72% | 15.73% |
| Net profit | ₹932.56 | ₹340.29 | ₹450.68 | ₹690.39 | ₹921.09 | ₹1,093.49 | ₹1,400.16 | ₹1,865.12 |
| EPS | 59.12 | 22.19 | 29.57 | 45.83 | 61.69 | 71.05 | 89.72 | 122.98 |
| Net margin | 12.65% | 9.54% | 10.76% | 12.09% | 11.03% | 11.13% | 11.73% | 12.65% |
| ROE | 20.90% | 14.26% | 16.12% | 20.50% | 23.23% | 22.06% | 22.16% | 23.80% |
| ROCE | 24.91% | 13.38% | 17.67% | 20.00% | 26.20% | 26.33% | 26.61% | 27.44% |
| Debt / equity | 0.33 | 0.02 | 0.04 | 0.17 | 0.17 | 0.09 | 0.05 | 0.06 |
Compounded growth (CAGR)
| Metric | 1Y | 3Y | 5Y |
|---|---|---|---|
| Revenue | 23.53% | 20.88% | 28.63% |
| Net profit | 33.21% | 26.51% | 32.85% |
| EPS | 37.07% | 25.86% | 32.98% |
Each column only appears when 8 real reported years actually support it — never extrapolated from fewer.
Balance sheet
| Metric | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | ₹8,111.65 | ₹3,092.17 | ₹3,665.52 | ₹5,419.10 | ₹6,673.08 | ₹7,417.63 | ₹8,736.60 | ₹11,376.54 |
| Total liabilities | ₹3,650.24 | ₹706.41 | ₹869.86 | ₹2,050.88 | ₹2,708.00 | ₹2,459.93 | ₹2,417.54 | ₹3,538.69 |
| Total equity | ₹4,461.41 | ₹2,385.76 | ₹2,795.67 | ₹3,368.22 | ₹3,965.08 | ₹4,957.71 | ₹6,319.07 | ₹7,837.86 |
| Total debt | ₹1,460.10 | ₹36.01 | ₹98.43 | ₹578.21 | ₹657.55 | ₹451.13 | ₹310.90 | ₹477.45 |
| Cash | ₹973.40 | — | — | ₹297.80 | ₹740.78 | ₹618.00 | ₹590.89 | ₹1,036.49 |
| Current assets | ₹3,650.24 | ₹1,985.56 | ₹2,670.31 | ₹2,838.93 | ₹3,446.61 | ₹4,156.89 | ₹5,025.95 | ₹7,097.28 |
| Current liabilities | ₹2,027.91 | ₹647.38 | ₹769.72 | ₹1,425.96 | ₹2,012.88 | ₹2,217.87 | ₹2,132.77 | ₹2,924.26 |
| Inventory | ₹737.42 | ₹93.20 | ₹81.52 | ₹84.67 | ₹90.01 | ₹157.34 | ₹115.28 | ₹169.86 |
| Receivables | ₹884.91 | ₹799.05 | ₹788.17 | ₹1,261.46 | ₹1,992.45 | ₹2,338.93 | ₹2,784.03 | ₹3,535.77 |
| Payables | ₹663.68 | ₹224.71 | ₹273.34 | ₹429.87 | ₹568.91 | ₹813.86 | ₹888.62 | ₹1,134.19 |
| Net PP&E | ₹3,244.66 | ₹295.76 | ₹337.58 | ₹534.71 | ₹721.95 | ₹694.59 | ₹819.14 | ₹954.75 |
| Retained earnings | ₹3,346.05 | ₹2,274.91 | ₹2,648.47 | ₹3,216.89 | ₹3,975.23 | ₹4,751.62 | ₹6,009.69 | ₹7,471.06 |
Cash flow
| Metric | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | ₹1,165.70 | ₹355.32 | ₹739.02 | ₹851.09 | ₹993.41 | ₹1,256.29 | ₹1,070.06 | ₹1,767.13 |
| Capital expenditure | ₹442.45 | ₹-75.84 | ₹-128.10 | ₹-385.40 | ₹-433.30 | ₹-283.92 | ₹-236.69 | ₹-208.58 |
| Free cash flow | ₹723.25 | ₹279.48 | ₹610.92 | ₹465.69 | ₹560.11 | ₹972.37 | ₹833.37 | ₹1,558.55 |
| OCF / net profit | 1.25 | 1.04 | 1.64 | 1.23 | 1.08 | 1.15 | 0.76 | 0.95 |
| FCF / Capex intensity | 0.06 | 2.13 | 3.06 | 6.75 | 5.19 | 2.89 | 1.98 | 1.41 |
Income statement detail
| Metric | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|
| Gross profit | ₹2,580.98 | ₹2,974.26 | ₹3,420.58 | ₹4,727.86 | ₹6,938.18 | ₹8,076.10 | ₹9,404.17 | ₹11,501.35 |
| Cost of revenue | ₹4,793.25 | ₹591.55 | ₹767.31 | ₹982.89 | ₹1,412.41 | ₹1,745.49 | ₹2,534.54 | ₹3,247.10 |
| EBITDA | ₹1,622.33 | ₹492.95 | ₹687.19 | ₹964.77 | ₹1,492.72 | ₹1,678.46 | ₹2,063.94 | ₹2,722.50 |
| Income before tax | ₹1,240.30 | ₹452.34 | ₹609.44 | ₹924.28 | ₹1,240.85 | ₹1,447.61 | ₹1,822.31 | ₹2,411.21 |
| Interest expense | ₹368.71 | — | — | — | — | — | — | — |
| Tax expense | ₹307.74 | ₹112.05 | ₹158.77 | ₹233.89 | ₹319.76 | ₹354.12 | ₹422.15 | ₹546.09 |
| D&A | ₹294.97 | ₹165.96 | ₹175.55 | ₹166.01 | ₹271.90 | ₹309.37 | ₹306.91 | ₹402.95 |
| EBITDA margin | 22.00% | 13.82% | 16.41% | 16.89% | 17.88% | 17.09% | 17.29% | 18.46% |
Financial ratios
| Metric | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 | 2025-2026 |
|---|---|---|---|---|---|---|---|---|
| Current ratio | 1.80 | 3.07 | 3.47 | 1.99 | 1.71 | 1.87 | 2.36 | 2.43 |
| Quick ratio | 1.44 | 2.92 | 3.36 | 1.93 | 1.67 | 1.80 | 2.30 | 2.37 |
| Interest coverage | 4.00 | — | — | — | — | — | — | — |
| Inventory days | 45.00 | 57.51 | 38.78 | 31.44 | 23.26 | 32.90 | 16.60 | 19.09 |
| Receivable days | 35.00 | 81.79 | 68.69 | 80.63 | 87.09 | 86.92 | 85.12 | 87.50 |
| Payable days | 40.00 | 138.65 | 130.02 | 159.63 | 147.02 | 170.19 | 127.97 | 127.49 |
| Cash conversion cycle | 40.00 | 0.65 | -22.55 | -47.57 | -36.67 | -50.36 | -26.25 | -20.89 |
| Working capital days | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 |
| Fixed asset turnover | 2.27 | 12.06 | 12.41 | 10.68 | 11.57 | 14.14 | 14.57 | 15.45 |
| ROA | 11.50% | 11.00% | 12.30% | 12.74% | 13.80% | 14.74% | 16.03% | 16.39% |
| ROIC | 18.85% | — | — | 16.35% | 23.35% | 21.59% | 22.35% | 24.65% |
| Gross margin | 35.00% | 83.41% | 81.68% | 82.79% | 83.09% | 82.23% | 78.77% | 77.98% |
DuPont 3-Stage ROE Factor Decomposition
Deconstructing Return on Equity into Profitability, Asset Efficiency, and Financial Leverage
Balanced Return EngineFY2025-2026
Net marginProfitability
12.65%
Net Profit generated per ₹100 of revenue (Profitability)
×
Asset turnoverEfficiency
1.30
Revenue generated per ₹1 of total assets (Capital Efficiency)
×
Equity multiplierLeverage
1.45
Total assets supported per ₹1 of shareholder equity (Leverage)
=
Implied DuPont ROEFinal Output
23.80%
Reported: 23.80%
Explore the 3-Stage DuPont Formula: Net Margin × Asset Turnover × Leverage Multiplier.Read DuPont Guide →
Corporate Actions, Dividends & Capital Changes
Chronological Corporate Actions Registry
Historical stock splits, bonus shares, rights issues, and corporate schemes
| Year | Execution Date | Action Type | Ratio / Term |
|---|---|---|---|
| 2026 | 27 Jul 2026 | dividend | 360% |
| 27 Jan 2026 | dividend | 440% | |
| 2025 | 14 Jul 2025 | dividend | 300% |
| 31 Jan 2025 | dividend | 400% | |
| 2024 | 10 Jul 2024 | dividend | 200% |
| 01 Apr 2024 | split | 5:10 | |
| 30 Jan 2024 | dividend | 320% | |
| 2023 | 12 Jul 2023 | dividend | 100% |
| 12 Jul 2023 | dividend | 120% | |
| 27 Jan 2023 | dividend | 280% | |
| 2022 | 13 Jul 2022 | dividend | 110% |
| 29 Jan 2022 | dividend | 200% | |
| 2021 | 15 Jul 2021 | dividend | 60% |
| 10 Feb 2021 | dividend | 140% | |
| 2020 | 19 Mar 2020 | dividend | 30% |
| 07 Feb 2020 | dividend | 90% | |
| 2019 | 15 Jul 2019 | dividend | 30% |
| 05 Feb 2019 | dividend | 80% | |
| 2018 | 21 Jul 2018 | dividend | 30% |
| 05 Feb 2018 | dividend | 70% | |
| 2017 | 14 Jul 2017 | dividend | 30% |
| 01 Feb 2017 | dividend | 60% | |
| 2016 | 18 Mar 2016 | dividend | 30% |
| 03 Feb 2016 | dividend | 50% | |
| 2015 | 20 Jul 2015 | dividend | 25% |
| 20 Jul 2015 | dividend | 25% | |
| 11 Mar 2015 | bonus | 1:1 | |
| 31 Jan 2015 | dividend | 100% | |
| 2014 | 21 Jul 2014 | dividend | 40% |
| 01 Feb 2014 | dividend | 80% | |
| 2013 | 26 Jul 2013 | dividend | 30% |
| 02 Feb 2013 | dividend | 60% | |
| 2012 | 18 Jul 2012 | dividend | 25% |
| 28 Jan 2012 | dividend | 35% | |
| 2011 | 15 Jul 2011 | dividend | 15% |
| 02 Feb 2011 | dividend | 20% | |
| 02 Feb 2011 | dividend | 20% | |
| 2010 | 19 Jul 2010 | dividend | 5% |
| 05 May 2010 | dividend | 15% |
Dividend Intelligence & Capital Return History
Historical cash payout track record across 12 dividend distributions
Latest Year DPS:₹40.00
Yield on CMP:0.68%
3Y Dividend CAGR:-7.2%
Annual Dividend Payout Progression (Per Share)Total Cumulative DPS: ₹203.00
₹40.0
2026
₹20.0
2025
₹42.0
2024
₹50.0
2023
₹31.0
2022
₹20.0
2021
| Ex-Date | Amount (Per Share) | Dividend Type |
|---|---|---|
| 27 Jul 2026 | ₹18.00 | Final |
| 27 Jan 2026 | ₹22.00 | Interim |
| 31 Jan 2025 | ₹20.00 | Interim |
| 09 Jul 2024 | ₹10.00 | Final |
| 30 Jan 2024 | ₹32.00 | Interim |
| 11 Jul 2023 | ₹12.00 | Final |
| 11 Jul 2023 | ₹10.00 | Special |
| 25 Jan 2023 | ₹28.00 | Interim |
| 11 Jul 2022 | ₹11.00 | Final |
| 27 Jan 2022 | ₹20.00 | Interim |
| 13 Jul 2021 | ₹6.00 | Final |
| 09 Feb 2021 | ₹14.00 | Interim |
Industry Peer Group & Valuation Spread
Compare valuation multiples and market cap relative to sector competitors
Information TechnologyCompare Peers in Studio
Market Cap92,307.42 ₹ cr
Beats 80% of 35 industry peers · median 16,695.36 ₹ cr
P/E47.56 x
Beats 85% of 33 industry peers · median 25.26 x
P/B11.38 x
Beats 94% of 33 industry peers · median 4.43 x
ROE14.94%
Beats 37% of 35 industry peers · median 18.18%
ROCE19.11%
Beats 46% of 35 industry peers · median 22.68%
Debt to Equity0.26 x
Beats 40% of 35 industry peers · median 0.34 x
Net Margin12.92%
Beats 29% of 35 industry peers · median 14.41%
Dividend Yield0.68%
Beats 21% of 29 industry peers · median 1.62%
Revenue Growth (YoY)29.09%
Beats 85% of 34 industry peers · median 17.57%
| Company | Market Cap ▼ | P/E | P/B |
|---|---|---|---|
| ₹8.41 L | 17.22 | 7.90 | |
Infosys Ltd.INFY | ₹4.64 L | 15.55 | 4.84 |
HCL Technologies Ltd.HCLTECH | ₹3.55 L | 21.45 | 4.75 |
Wipro Ltd.WIPRO | ₹1.77 L | 14.40 | 2.14 |
Tech Mahindra Ltd.TECHM | ₹1.59 L | 30.28 | 5.43 |
Peers are chosen strictly by industry classification. A classification doesn't always describe what a company actually competes in, but gives an objective starting point across the universe.
Regulatory Filings & Market Intelligence
Corporate Filings & Document Vault
SEBI LODR VerifiedAudited Annual Reports, Investor Decks, Earnings Concall Transcripts, and Board Resolutions for Persistent Systems Ltd. (PERSISTENT)
Indexed Documents6 Filings
Latest Disclosure05 Aug 2026
Investor Deck05 Aug 2026
Persistent Systems Ltd: Investor Presentation on Q4 Financial Results and Growth Outlook
AGM / EGM25 Jun 2026
Persistent Systems Ltd: Notice of Annual General Meeting and Record Date for Dividend
Shareholding19 Jun 2026
Persistent Systems Ltd: Quarterly Statement of Shareholding Pattern filed with NSE/BSE
Board Outcome10 May 2026
Persistent Systems Ltd: Outcome of Board Meeting for Approval of Audited Financial Results
Concall Transcript13 Mar 2026
Persistent Systems Ltd: Transcript of Earnings Conference Call with Institutional Investors
News
- IndianAPIIndian IT’s mid-caps are gaining ground in the bank battle
India’s mid-sized IT firms are outpacing larger rivals in BFSI revenue growth, benefiting from challenger banks, new clients and greater flexibility as large firms face insourcing and vendor consolidation.
- IndianAPIScale isn’t sexy anymore: How mid-cap IT challengers are winning the AI era
As AI breaks the link between headcount and revenue, nimble mid-tier IT challengers are outgrowing tier-1 giants, and rewriting the tech playbook. Discover why smaller, platform-led players are winning the AI era.
- IndianAPICoforge, Infosys to TCS: IT stocks rally as US software stocks outperform SOX last night; Nifty IT index jumps around 3%
IT stocks, including TCS, Infosys, and HCLTech, surged on July 28, boosted by positive US market trends. The Nifty IT index rose approximately 3%, continuing a two-day gain. Key players like Coforge and Mphasis performed particularly well, reflecting a revival in investor sentiment.
- IndianAPIWhen pay ceiling catches up with IT firms' stock-rich CEOs
Stock awards accumulated over years are set to lift CEOs' reported pay above the statutory remuneration ceiling at some IT services firms, calling for shareholder nod. While the firms say it is only about accounting, investors are increasingly scrutinizing executive compensation and disclosures.
- IndianAPIInfosys, TCS, HCL Technologies to Tech Mahindra: Why are IT stocks rising today?
Infosys, Tech Mahindra and HCL Technologies led the sectoral rally, rising more than 3% each. They were followed by Tata Consultancy Services (TCS), Persistent Systems, Mphasis and LTIMindtree.
- IndianAPITop Gainers & Losers on 7 July: Trent, Kalyan Jewellers, Cochin Shipyard, Tejas Networks, BSE among top losers
The Indian stock market's bull run ended on July 7 as benchmark indices fell due to profit booking, particularly in auto and metal sectors, despite gains in IT stocks. The Nifty 50 settled 0.25% lower, while Sensex dropped 387 points, breaking their winning streak.
- IndianAPIQ1FY27 IT earnings preview: Brokerages see mixed quarter as AI, macro headwinds weigh on growth
The June-quarter earnings season begins amid muted expectations for tech companies due to macroeconomic uncertainty and AI disruptions. Analysts foresee weaker Q1 FY27 growth, with a focus on guidance and demand outlook amid geopolitical tensions affecting performance.
- IndianAPICan billion-dollar acquisitions help Indian IT firms in the AI era?
Artificial intelligence is pushing Indian IT companies to buy capabilities rather than build them. As the industry's traditional business model comes under pressure, acquisitions are becoming the fastest route to AI expertise—but they also bring new financial and execution risks.
- IndianAPIBest of the Week: India's 15 million weekend cricketers are changing the game
From REC-PFC merger, to fuel prices, to stock markets, to India's satellite internet policy, and HDFC Bank's leadership changes.
- IndianAPITop Gainers & Losers on 3 July: Zensar Tech, HFCL, IndusInd Bank, Muthoot Finance, Lupin among top gainers
The Indian stock market rose on July 3 before retreating as profit-taking emerged. The Nifty 50 closed up 0.40%, while the Sensex gained 0.35%. Realty led gains, but PSU Banks, Auto, and Metal sectors fell. Technology stocks showed signs of recovery amid easing rate hike concerns.
- IndianAPIHCL Tech to Infosys, Tech Mahindra: IT stocks extend gains, Nifty IT up 3% today: Is worst over for the battered sector?
IT stocks gained on July 3, propelled by positive global tech trends and reduced fears of an interest rate hike. The Nifty IT index surged nearly 3%, recovering from recent declines, though it remains the worst-performing sector this year, down 30% in H1CY26.
For informational and educational purposes only. Not investment advice. Data may be delayed or incomplete. Consult a SEBI-registered investment adviser before making investment decisions.