| Revenue growth | 16.1% YoY in USD terms. |
|---|---|
| Margins | EBIT margin steady at 16.0% despite labor code impacts. |
| Order book | $1.15B record quarterly TCV; $650M+ deal with global tech company. |
| Demand visibility | Strong, backed by $1.15B TCV and $1.93B TTM ACV. |
| Management confidence | High, citing record TCV and 25 sequential quarters of growth. |
Growth
Revenue grew 3.8% QoQ and 16.1% YoY. PAT reached ₹4,830.4M, up 13.7% YoY despite forex headwinds.
Outlook
Strong TCV of $1.15B; focusing on '3C' AI framework (Core, Context, Coordination) and Nagarro integration.
Risks
Forex losses impacted QoQ PAT; high client concentration (Top 10 clients at 43% revenue).
Last quarter's promises, checked
Delivered
- Guided 24 quarter growth streak → delivered 25 sequential quarters (= BEAT)
- Guided European business 15%+ → delivered 22% via Nagarro merger (= BEAT)
- Guided $125M+ ACV from new deal → delivered $1.15B TCV record (= BEAT)
Partly delivered
- Guided EBIT margin 15-16% → delivered 16.0% (at upper band but labor code impact) (= PARTIAL)
Investor Presentation filed with NSE, NSE: PERSISTENT. Summary written with AI assistance from 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
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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.
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