Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

Persistent Systems Earnings Call: Key Takeaways

Persistent Systems reported strong FY26 performance with $1,654.4M revenue (17.4% growth) and an AI-led strategy. Q4 revenue reached $436M with 16.3% EBIT margins.

Why this was an Alfa AlertNot a filter event. Performance is strong but management did not disclose a specific prior guidance range to measure a material beat.
Highlights
Revenue growth17.4% YoY in USD; 23.5% in INR for FY26.
MarginsFY26 EBIT margin 15.6%; Q4 margin improved to 16.3%.
Order bookTTM TCV at $2,405.3M; ACV at $1,780.1M.
Demand visibilityStrong AI adoption accelerating enterprise-wide transformation.
Management confidenceStrong; noted as fastest-growing IT brand globally in 2026.

Growth

FY26 Revenue grew 17.4% to $1,654.4M. PAT grew 33.2% YoY to ₹18,651.2M. 24 sequential quarters of growth.

Outlook

Pivot to AI-led, platform-driven services. Final dividend of ₹18 (total ₹40 for FY26). Expanding global footprint.

Risks

One-time impact (~0.6% on EBIT) from New Labour Codes; high client concentration (Top 10 at 42.1%).

Source

Earnings Call filed with NSE, 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.

More from Persistent Systems Ltd

All →
17:12 IST NSE
Acquisition

Persistent Systems Acquisition Worth ₹6,682 Cr

Persistent Systems secured an 83.25% stake in Nagarro SE through a voluntary takeover offer and prior agreement. An additional acceptance period runs until October 6, 2026.

Value
₹6,682 Cr
12:35 IST NSE
Business Update

Persistent Systems Business Update

Persistent Systems earned the Databricks Brickbuilder Specialization for BFSI. The certification highlights its expertise in governed AI for financial services.

21:48 IST BSE
Management Change

Persistent Systems Management Change

Cdr. Jayant Shivaji Konde has resigned as Senior Vice President – Administration at Persistent Systems. The resignation is effective September 18, 2026.

14:16 IST NSE
Open Offer

Persistent Systems Open Offer

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

23:17 IST NSE
Annual General Meeting

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.

Value
₹11,875 Cr