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Persistent Sys

  • Market Cap: Large Cap
  • Industry: IT - Software
  • ISIN: INE262H01021
  • NSEID: PERSISTENT
  • BSEID: 533179
INR
4,553.00
150.2 (3.41%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 8.05 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

8.05 lacs (-32.35%) Volume

Shareholding (Sep 2024)

FII

23.33%

Held by 638 FIIs

DII

27.37%

Held by 56 DIIs

Promoter

30.66%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Strong Long Term Fundamental Strength with an average Return on Equity (ROE) of 20.09%

  • Healthy long term growth as Net Sales has grown by an annual rate of 26.60% and Operating profit at 37.94%
  • Company has a low Debt to Equity ratio (avg) at 0 times
2

The company has declared Positive results for the last 4 consecutive quarters

3

Stock is technically in a Mildly Bearish range

4

With ROE of 22.2, it has a Very Expensive valuation with a 12.3 Price to Book Value

5

High Institutional Holdings at 51.02%

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

IT - Software

stock-summary
Market cap

INR 70,959 Cr (Large Cap)

stock-summary
P/E

52.00

stock-summary
Industry P/E

26

stock-summary
Dividend Yield

0.68%

stock-summary
Debt Equity

-0.11

stock-summary
Return on Equity

22.16%

stock-summary
Price to Book

12.33

Revenue and Profits (1 Year):
Net Sales:
3,062 Cr
(Quarterly Results - Dec 2024)
Net Profit:
373 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.68%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-16.71%
0.35%
-16.36%
1 Year
15.03%
0.88%
15.91%
2 Years
101.87%
3.08%
104.95%
3 Years
101.77%
6.00%
107.77%
4 Years
338.39%
11.40%
349.79%
5 Years
1664.56%
57.46%
1722.02%

Latest dividend: 20 per share ex-dividend date: Jan-31-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
26.60%
EBIT Growth (5y)
37.94%
EBIT to Interest (avg)
50.01
Debt to EBITDA (avg)
0.32
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.61
Tax Ratio
22.94%
Dividend Payout Ratio
36.63%
Pledged Shares
0
Institutional Holding
51.02%
ROCE (avg)
32.23%
ROE (avg)
20.09%
Valuation key factors
Factor
Value
P/E Ratio
52
Industry P/E
26
Price to Book Value
12.33
EV to EBIT
41.98
EV to EBITDA
35.28
EV to Capital Employed
13.67
EV to Sales
6.03
PEG Ratio
1.96
Dividend Yield
0.68%
ROCE (Latest)
30.69%
ROE (Latest)
22.16%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 35 Schemes (22.04%)

FIIs

Held by 638 FIIs (23.33%)

Promoter with highest holding

Anand Suresh Deshpande (29.35%)

Highest Public shareholder

Motilal Oswal Midcap Fund (3.62%)

Individual Investors Holdings

13.67%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 5.70% vs 5.84% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 14.77% vs 6.06% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,062.28",
          "val2": "2,897.15",
          "chgp": "5.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "537.84",
          "val2": "480.73",
          "chgp": "11.88%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "16.32",
          "val2": "18.23",
          "chgp": "-10.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "372.99",
          "val2": "325.00",
          "chgp": "14.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.56%",
          "val2": "16.59%",
          "chgp": "0.97%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 19.05% vs 20.53% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 28.32% vs 14.00% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "5,634.32",
          "val2": "4,732.85",
          "chgp": "19.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "935.94",
          "val2": "779.50",
          "chgp": "20.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "32.35",
          "val2": "24.88",
          "chgp": "30.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "631.41",
          "val2": "492.04",
          "chgp": "28.32%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.61%",
          "val2": "16.47%",
          "chgp": "0.14%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 20.27% vs 18.62% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 29.07% vs 16.22% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "8,696.60",
          "val2": "7,231.07",
          "chgp": "20.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,473.78",
          "val2": "1,221.34",
          "chgp": "20.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "48.67",
          "val2": "36.99",
          "chgp": "31.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,004.40",
          "val2": "778.17",
          "chgp": "29.07%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.95%",
          "val2": "16.89%",
          "chgp": "0.06%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 17.62% vs 46.23% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 18.72% vs 33.42% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "9,821.59",
          "val2": "8,350.59",
          "chgp": "17.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,675.69",
          "val2": "1,519.13",
          "chgp": "10.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "46.73",
          "val2": "47.34",
          "chgp": "-1.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-29.66",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,093.49",
          "val2": "921.09",
          "chgp": "18.72%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.06%",
          "val2": "18.19%",
          "chgp": "-1.13%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
3,062.28
2,897.15
5.70%
Operating Profit (PBDIT) excl Other Income
537.84
480.73
11.88%
Interest
16.32
18.23
-10.48%
Exceptional Items
0.00
0.00
Consolidate Net Profit
372.99
325.00
14.77%
Operating Profit Margin (Excl OI)
17.56%
16.59%
0.97%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 5.70% vs 5.84% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 14.77% vs 6.06% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
5,634.32
4,732.85
19.05%
Operating Profit (PBDIT) excl Other Income
935.94
779.50
20.07%
Interest
32.35
24.88
30.02%
Exceptional Items
0.00
0.00
Consolidate Net Profit
631.41
492.04
28.32%
Operating Profit Margin (Excl OI)
16.61%
16.47%
0.14%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 19.05% vs 20.53% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 28.32% vs 14.00% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
8,696.60
7,231.07
20.27%
Operating Profit (PBDIT) excl Other Income
1,473.78
1,221.34
20.67%
Interest
48.67
36.99
31.58%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1,004.40
778.17
29.07%
Operating Profit Margin (Excl OI)
16.95%
16.89%
0.06%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 20.27% vs 18.62% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 29.07% vs 16.22% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
9,821.59
8,350.59
17.62%
Operating Profit (PBDIT) excl Other Income
1,675.69
1,519.13
10.31%
Interest
46.73
47.34
-1.29%
Exceptional Items
0.00
-29.66
100.00%
Consolidate Net Profit
1,093.49
921.09
18.72%
Operating Profit Margin (Excl OI)
17.06%
18.19%
-1.13%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 17.62% vs 46.23% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 18.72% vs 33.42% in Mar 2023

stock-summaryCompany CV
About Persistent Systems Ltd stock-summary
stock-summary
Persistent Systems Ltd
Large Cap
IT - Software
Persistent Systems Limited is a trusted Digital Engineering Enterprise Modernization partner for software product companies and enterprises, combining deep technical expertise and industry experience. The offerings and proven solutions create unique competitive advantage for clients. The Company work with companies who build and deploy software products and it partner with them across all phases of the product lifecycle.
Company Coordinates stock-summary
Company Details
Bhageerath, 402 Senapati Bapat Road Pune Maharashtra : 411016
stock-summary
Tel: 91-020-67030000/67462084
stock-summary
info@persistent.com
Registrar Details
Link Intime India Pvt Ltd, Block No 202, 2nd Floor, Akshay Complex, Near Ganesh Temple, Off Dhole Patil Road , Pune