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Earnings Call

Persistent Systems Earnings Call: Key Takeaways

Persistent delivered strong FY26 performance with 17.4% USD revenue growth and 15.6% EBIT margin, driven by an AI-led, platform-driven services strategy.

Highlights
Revenue growth17.4% YoY for FY26; 16.2% YoY for Q4.
MarginsFY26 EBIT margin at 15.6%; Q4 reached 16.3%.
Order bookTTM TCV at $2,405.3M; TTM ACV at $1,780.1M.
Demand visibilityStrong momentum in AI-led transformation and enterprise modernization.
Management confidenceHigh; 24 sequential quarters of growth cited by CEO.

Growth

FY26 revenue hit $1,654.4M (+17.4% YoY). PAT reached ₹18,651.2M (+33.2% YoY). Q4 revenue grew 3.2% QoQ.

Outlook

Sixth Orbit strategy focuses on scaled AI adoption and outcome-based models. Final dividend of ₹18 (total ₹40 for FY26).

Risks

Potential impacts from New Labour Codes (~0.6% EBIT hit); geographical concentration with 80.6% revenue from North America.

Source

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

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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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