| Revenue growth | 17.4% YoY in USD for FY26. |
|---|---|
| Margins | EBIT margin 15.6% in FY26; Q4FY26 improved to 16.3%. |
| Order book | TTM TCV at $2,405.3M; ACV at $1,780.1M. |
| Demand visibility | Strong, supported by $1.46B in new TCV bookings. |
| Management confidence | High, citing 24 sequential quarters of growth. |
Growth
FY26 revenue grew 23.5% in INR terms to ₹147.5B; PAT grew 33.2% to ₹18.65B.
Outlook
Strong deal momentum with TTM TCV at $2.4B. Focus on scaled AI adoption and enterprise modernization.
Risks
Client concentration (top 10 at 42.1%), wage increases in India, and currency fluctuations.
Earnings Call filed with NSE, NSE: PERSISTENT. Summary written with AI assistance from the document.
Persistent Systems Ltd: key numbers
- Share price
- ₹5,973.50
- Market cap
- ₹99,061 Cr
- Revenue (annual)
- ₹14,748 Cr
- Net profit (annual)
- ₹1,865 Cr
- P/E (TTM)
- 54.9×Sector 23.6×
- Promoter holding
- 28.82%-1.47% QoQ
- FII holding
- 21.30%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Persistent Systems Ltd
All →Persistent Systems Debt & Borrowing: ₹600 Cr
Persistent Systems allotted 12,000 commercial papers worth INR 6 billion (₹600 Crore) on November 5, 2026. The one-year CPs carry an 8.75% yield and mature on November 5, 2027.
- Value
- ₹600.0 Cr
- Execution
- 1 year: allotment November 5, 2026 to maturity November 5, 2027
Persistent Systems Debt & Borrowing: ₹7,000 Cr
Persistent Systems Limited approved the allotment of 700,000 non-convertible debentures (NCDs) aggregating to ₹7,000 Crore. The senior rated debt, issued on a private placement basis, carries an 8.95% coupon.
- Value
- ₹7,000 Cr
- Execution
- 2 to 3 years
Persistent Systems Other Announcement
Persistent Systems filed its shareholding pattern for 26 October 2026, reflecting the increase in paid-up capital from its QIP allotment. The filing shows the post-allotment shareholding split.
Persistent Systems Investor Presentation: Key Takeaways
Q2 FY27: USD revenue $487.6M, +20% YoY (+30.3% INR). Operating PAT Rs4,951.5M, +5% YoY; reported PAT Rs3,515.1M, -25.4% on Nagarro costs. Nagarro acquisition pending.
Persistent Systems Credit Rating
Persistent Systems received credit ratings from ICRA for its proposed Commercial Paper and Non-Convertible Debentures totaling ₹8,000 Crore.
- Value
- ₹8,000 Cr
Persistent Systems Fund Raise of ₹4,265 Cr
Persistent Systems' board approved a Qualified Institutional Placement (QIP) of equity shares, aiming to raise up to ₹4,264.61 Crore.
- Value
- ₹4,265 Cr