Persistent Systems Ltd
PERSISTENTPersistent Systems Ltd
PERSISTENTPrice Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
69.02 | 16.31 | 0.50% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
35.31 | 9.31 | 1.64% |
Forecast & Ratings
Detailed Forecast from 30 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Persistent Systems Limited is engaged in the business of building software products. The Company offers complete product life cycle services.
Peers
Compare with peersOracle Financial Services Software Ltd
L&T Technology Services Ltd
Tata Elxsi Ltd
Cyient Ltd
Newgen Software Technologies Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 2,389.62 | 2,974.29 | 3,152.80 | 3,453.60 | 3,698.19 | 4,295.66 | 5,854.71 | 8,421.21 | 9,949.61 | 10,374.60 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8,481.02 | ||||||||||
Power & Fuel Cost | 14.98 | 13.87 | 10.45 | 10.95 | 11.49 | 8.26 | 7.61 | 12.03 | 14.10 | |||||||||||
Employee Cost | 1,406.76 | 1,764.90 | 1,831.65 | 1,924.95 | 2,155.64 | 2,515.80 | 3,459.31 | 4,969.57 | 5,960.97 | |||||||||||
Selling & Administrative Expenses | 200.62 | 255.97 | 240.25 | 263.25 | 217.16 | 136.21 | 183.47 | 304.18 | 340.06 | |||||||||||
Operating & Other expenses | 298.46 | 389.76 | 482.63 | 610.55 | 689.26 | 844.60 | 1,102.19 | 1,575.34 | 1,830.77 | |||||||||||
EBITDA | 468.80 | 549.79 | 587.82 | 643.90 | 624.64 | 790.79 | 1,102.13 | 1,560.09 | 1,803.71 | 1,893.58 | ||||||||||
Depreciation/Amortization | 99.01 | 149.02 | 158.49 | 157.25 | 165.96 | 175.55 | 166.01 | 271.90 | 309.37 | 304.25 | ||||||||||
PBIT | 369.79 | 400.77 | 429.33 | 486.65 | 458.68 | 615.24 | 936.12 | 1,288.19 | 1,494.34 | 1,589.33 | ||||||||||
Interest & Other Items | 0.09 | 0.09 | 0.08 | 0.31 | 6.33 | 5.79 | 11.84 | 47.34 | 46.73 | 48.24 | ||||||||||
PBT | 369.70 | 400.68 | 429.25 | 486.34 | 452.35 | 609.45 | 924.28 | 1,240.85 | 1,447.61 | 1,541.09 | ||||||||||
Taxes & Other Items | 92.39 | 99.21 | 106.17 | 134.66 | 112.06 | 158.77 | 233.89 | 319.76 | 354.11 | 369.97 | ||||||||||
Net Income | 277.31 | 301.47 | 323.08 | 351.68 | 340.29 | 450.68 | 690.39 | 921.09 | 1,093.50 | 1,171.12 | ||||||||||
EPS | 17.33 | 18.84 | 20.19 | 22.10 | 21.88 | 29.48 | 45.16 | 40.17 | 47.57 | 76.02 | ||||||||||
DPS | 4.00 | 4.50 | 5.00 | 5.50 | 6.00 | 10.00 | 15.50 | 12.50 | 26.00 | 27.00 | ||||||||||
Payout ratio | 0.23 | 0.24 | 0.25 | 0.25 | 0.27 | 0.34 | 0.34 | 0.31 | 0.55 | 0.36 |
Company Updates
Peers & Comparison
Information TechnologySoftware Services
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Persistent Systems Ltd | 73.92 | 16.31 | 0.50% |
Oracle Financial Services Software Ltd | 43.16 | 12.19 | 2.17% |
L&T Technology Services Ltd | 44.67 | 10.89 | 0.91% |
Tata Elxsi Ltd | 59.14 | 18.70 | 0.93% |
Price Comparison
Compare PERSISTENT with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 2.41%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.71%
Top 5 Mutual Funds holding Persistent Systems Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
Kotak Emerging Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.5201% | Percentage of the fund’s portfolio invested in the stock 3.95% | Change in the portfolio weight of the stock over the last 3 months 0.55% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 1/71 (+3) |
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.3731% | Percentage of the fund’s portfolio invested in the stock 2.49% | Change in the portfolio weight of the stock over the last 3 months 0.29% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 14/76 (+1) |
Motilal Oswal Midcap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.7708% | Percentage of the fund’s portfolio invested in the stock 8.80% | Change in the portfolio weight of the stock over the last 3 months -0.33% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 4/27 (-2) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
No Trend In Dividends
PERSISTENT has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 0.51%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹5.05 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 9, 2024
Dividend/Share
₹10.00
Ex DateEx Date
Jul 9, 2024
Cash Dividend
Ex DateEx DateJan 30, 2024
Dividend/Share
₹32.00
Ex DateEx Date
Jan 30, 2024
Cash Dividend
Ex DateEx DateJul 11, 2023
Dividend/Share
₹10.00
Ex DateEx Date
Jul 11, 2023
Cash Dividend
Ex DateEx DateJul 11, 2023
Dividend/Share
₹12.00
Ex DateEx Date
Jul 11, 2023
Cash Dividend
Ex DateEx DateJan 25, 2023
Dividend/Share
₹28.00
Ex DateEx Date
Jan 25, 2023
Persistent Systems Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 5291.75, up 1.63% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.07% on the day, quoting at 25261.55. The Sensex is at 82491.99, down 0.08%. Persistent Systems Ltd has risen around 16.65% in last one month. Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has risen around 12.01% in last one month and is currently quoting at 42975.6, up 0.18% on the day. The volume in the stock stood at 2.84 lakh shares today, compared to the daily average of 4.62 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 5299.55, up 1.32% on the day. Persistent Systems Ltd is up 83.02% in last one year as compared to a 29.36% spurt in NIFTY and a 33.85% spurt in the Nifty IT index.The PE of the stock is 81.3 based on TTM earnings ending June 24.Powered by Capital Market - Live
Persistent Systems Ltd rose for a third straight session today. The stock is quoting at Rs 5179.4, up 2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 25239.85. The Sensex is at 82409.35, up 0.33%. Persistent Systems Ltd has added around 7.18% in last one month. Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has added around 4.65% in last one month and is currently quoting at 42591.65, up 0.37% on the day. The volume in the stock stood at 5.78 lakh shares today, compared to the daily average of 4.1 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 5187, up 1.46% on the day. Persistent Systems Ltd is up 92.88% in last one year as compared to a 31.09% gain in NIFTY and a 37.18% gain in the Nifty IT index.The PE of the stock is 79.33 based on TTM earnings ending June 24.Powered by Capital Market - Live
Persistent Systems Ltd gained for a fifth straight session today. The stock is quoting at Rs 4940.5, up 1.35% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.53% on the day, quoting at 24703.35. The Sensex is at 80851.87, up 0.53%. Persistent Systems Ltd has risen around 3.81% in last one month. Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has risen around 4.25% in last one month and is currently quoting at 41236.85, up 0.55% on the day. The volume in the stock stood at 2.69 lakh shares today, compared to the daily average of 4.39 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 4952.15, up 1.26% on the day. Persistent Systems Ltd is up 97.2% in last one year as compared to a 27.38% spurt in NIFTY and a 34.03% spurt in the Nifty IT index.The PE of the stock is 76.03 based on TTM earnings ending June 24.Powered by Capital Market - Live
Persistent Systems Ltd gained for a third straight session today. The stock is quoting at Rs 4864.9, up 2.12% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.17% on the day, quoting at 24426.95. The Sensex is at 80041.08, up 1.18%. Persistent Systems Ltd has slipped around 0.64% in last one month. Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has slipped around 1.78% in last one month and is currently quoting at 39731.25, up 2.49% on the day. The volume in the stock stood at 3.55 lakh shares today, compared to the daily average of 5.14 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 4875.05, up 2.2% on the day. Persistent Systems Ltd is up 97.99% in last one year as compared to a 26.14% spurt in NIFTY and a 31.11% spurt in the Nifty IT index.The PE of the stock is 74.13 based on TTM earnings ending June 24.Powered by Capital Market - Live
Strong momentum in new deals, improving utilisation likely to help Persistent to retain high growth
US will be bigger growth engine than Europe for Persistent System, says CEO
Buy Persistent Systems, target price Rs 5700: Motilal Oswal
Persistent Systems Q1 Results Review - Continuous Upbeat With Robust Order Book: Nirmal Bang
Persistent Systems Q1 Review - Results Beat; Margin Expansion Story Pushed Further: Dolat Capital
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 23.57%, vs industry avg of 14.2%
Increasing Market Share
Over the last 5 years, market share increased from 10.44% to 15.17%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 25.47%, vs industry avg of 16.32%