ALFA Finder| 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
- ₹5,973.50
- Market cap
- ₹99,061 Cr
- Revenue (annual)
- ₹14,748 Cr
- Net profit (annual)
- ₹1,865 Cr
- P/E (TTM)
- 54.9×Sector 23.6×
- Promoter holding
- 28.82%-1.47% QoQ
- FII holding
- 21.30%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Persistent Systems Ltd
All →Persistent Systems Debt & Borrowing: ₹600 Cr
Persistent Systems allotted 12,000 commercial papers worth INR 6 billion (₹600 Crore) on November 5, 2026. The one-year CPs carry an 8.75% yield and mature on November 5, 2027.
- Value
- ₹600.0 Cr
- Execution
- 1 year: allotment November 5, 2026 to maturity November 5, 2027
Persistent Systems Debt & Borrowing: ₹7,000 Cr
Persistent Systems Limited approved the allotment of 700,000 non-convertible debentures (NCDs) aggregating to ₹7,000 Crore. The senior rated debt, issued on a private placement basis, carries an 8.95% coupon.
- Value
- ₹7,000 Cr
- Execution
- 2 to 3 years
Persistent Systems Other Announcement
Persistent Systems filed its shareholding pattern for 26 October 2026, reflecting the increase in paid-up capital from its QIP allotment. The filing shows the post-allotment shareholding split.
Persistent Systems Investor Presentation: Key Takeaways
Q2 FY27: USD revenue $487.6M, +20% YoY (+30.3% INR). Operating PAT Rs4,951.5M, +5% YoY; reported PAT Rs3,515.1M, -25.4% on Nagarro costs. Nagarro acquisition pending.
Persistent Systems Credit Rating
Persistent Systems received credit ratings from ICRA for its proposed Commercial Paper and Non-Convertible Debentures totaling ₹8,000 Crore.
- Value
- ₹8,000 Cr
Persistent Systems Fund Raise of ₹4,265 Cr
Persistent Systems' board approved a Qualified Institutional Placement (QIP) of equity shares, aiming to raise up to ₹4,264.61 Crore.
- Value
- ₹4,265 Cr