Persistent Systems Ltd

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

Persistent Systems Credit Rating

Persistent Systems received a 'CRISIL AA+; Rating Watch with Developing Implications' rating for its proposed Rs. 7,000 Crore Non-Convertible Debentures from CRISIL Ratings.

Value

₹7,000 Cr

Persistent Systems Preferential Issue

Persistent Systems Ltd has clarified the floor price for its equity issue, set at ₹5,761.00 per share.

Persistent Systems Capital Structure Change

Persistent Systems opened its QIP issue with a floor price of Rs. 5,550 per share. The issue aims to raise up to Rs. 4,264.61 Crore.

Value

₹4,265 Cr

Persistent Systems Debt & Borrowing: ₹9,000 Cr

Persistent Systems Limited received board approval to issue Non Convertible Debentures worth ₹8,000 Crore and Commercial Paper worth ₹1,000 Crore.

Value

₹9,000 Cr

Persistent Systems Other Announcement

Persistent Systems approved audited financial statements for the quarter and half year ended September 30, 2026. The documents are available on the company website.

Persistent Systems Q2 FY27 Results: Net Profit ₹351.5 Cr, Down 25.5% YoY

Persistent Systems Ltd reported revenue from operations of ₹4,664 Cr (+30.3% YoY) and net profit of ₹351.5 Cr (-25.5% YoY) for Q2 FY27.

Key figure

Net profit ₹351.5 Cr · -25.5% YoY

Persistent Systems Capacity Expansion

Persistent Systems inaugurated its third Hyderabad facility to strengthen AI and BFSI delivery. The new Phoenix Equinox office adds dedicated secure workspaces for financial services clients.