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Earnings Call

Persistent Systems Earnings Call: Key Takeaways

Persistent Systems delivered strong Q4 and full-year FY26 results with 24 consecutive quarters of growth. Strategy centers on AI-led hyper-productivity and BFSI expansion.

Highlights
Revenue growthFY26 USD 1.65B (+17.4% YoY); Q4 USD 436M (+16.2% YoY).
MarginsQ4 EBIT 16.3%; FY26 15.6%. Aspirationally 16-17% range.
Order bookQ4 TCV at USD 600.8M; FY26 total TCV at USD 2.4B.
Demand visibilityStrong AI-led demand in engineering; BFSI and Healthcare picking up.
Management confidenceHigh; marching steadily toward USD 2B FY27 run rate target.

Growth

FY26 revenue hit USD 1.65B (+17.4% YoY). Q4 revenue was USD 436M, up 16.2% YoY.

Outlook

Targeting USD 2B revenue run rate by Q4 FY27 with aspirational EBIT margins of 16-17%.

Risks

Geopolitical tensions impacting oil prices/inflation; potential compression in tech segment due to rapid AI adoption.

Source

Earnings Call filed with BSE, NSE: PERSISTENT. Summary written with AI assistance from the document.

Read the document ↗

Persistent Systems Ltd: key numbers

Share price
₹5,372.00
Market cap
₹84,018 Cr
Revenue (annual)
₹14,748 Cr
Net profit (annual)
₹1,865 Cr
P/E (TTM)
43.7×Sector 22.1×
Promoter holding
30.29%+0.00% QoQ
FII holding
20.79%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Persistent Systems confirmed the minimum acceptance condition for its Nagarro SE takeover offer was fulfilled on September 17, 2026. No monetary value is disclosed.

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Persistent Systems Annual General Meeting

Persistent Systems has called an EGM on October 5, 2026, to seek shareholder approval for raising up to USD 1,250 million via debt and securities issuance.

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