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Earnings Call

Persistent Systems Earnings Call: Key Takeaways

Persistent Systems reported strong FY26 performance with $1.65B revenue, up 17.4% YoY. The strategy centers on an AI-led, platform-driven approach for digital engineering and enterprise modernization.

Highlights
MarginsFY26 EBIT margin 15.6%; Q4 EBIT margin peaked at 16.3%.
Order bookTTM TCV at $2,405.3M; ACV at $1,780.1M.
Demand visibility24 sequential quarters of revenue growth through Q4 FY26.

Growth

FY26 revenue reached ₹147.5B (+23.5% YoY) with PAT at ₹18.65B (+33.2% YoY). Q4 revenue grew 16.2% YoY to $436M.

Outlook

Declared ₹40 total dividend for FY26. Focusing on AI-led delivery, GenAI Studio expansion, and industry-specific AI solutions.

Risks

Potential impacts from new labor codes on margins and high geographical concentration in North America (81.4%).

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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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

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