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Earnings Call

Persistent Systems Earnings Call: Key Takeaways

Persistent Systems reported strong FY26 performance with 17.4% USD revenue growth and ₹40 total dividend. Strategy pivots toward AI-led, platform-driven services.

Why this was an Alfa AlertNot a filter event. Results are consistent with steady growth; no material guidance beat >10% reported.
Highlights
Revenue growth17.4% YoY in USD; 23.5% YoY in INR for FY26.
MarginsFY26 EBIT margin at 15.6%; Q4FY26 improved to 16.3%.
Order bookTTM TCV at $2,405.3M; ACV at $1,780.1M.
Demand visibilityStrong momentum in BFSI and Healthcare segments.
Management confidenceHigh, citing 'AI-first' strategy and 24 quarters of sequential growth.

Growth

FY26 revenue reached $1,654.4M (+17.4% YoY). PAT grew 33.2% to ₹18,651M. Q4FY26 revenue hit $436M.

Outlook

24 sequential quarters of growth; focusing on Agentic AI and expanded global footprint with new Melbourne hub.

Risks

Currency fluctuations, high client concentration (Top 10 at 42.1%), and potential wage hikes in India.

Source

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

Read the document ↗

Persistent Systems Limited: 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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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
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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