Persistent Systems Ltd’s fundamental analysis highlights key financial metrics: Market Cap of ₹74,577.22 crore, PE Ratio of 69.8, Debt to Equity of 9.10, and Return on Equity of 24.51%. These indicators reflect the company’s financial health and market valuation.
Content:
- Persistent Systems Ltd Overview
- Persistent Systems Limited Financial Results
- Persistent Systems Ltd Financial Analysis
- Persistent Systems Limited Company Metrics
- Persistent Systems Ltd Stock Performance
- Persistent Systems Peer Comparison
- Persistent Systems Limited Shareholding Pattern
- Persistent Systems Ltd History
- How To Invest In Persistent Systems Share?
- Persistent Systems Fundamental Analysis – FAQs
Persistent Systems Ltd Overview
Persistent Systems Ltd is an Indian company providing software products and technology services. It operates in the IT sector, focusing on segments like Banking, Financial Services, and Insurance (BFSI), Healthcare & Life Sciences, and Technology Companies and Emerging Verticals.
The company is listed on both the NSE and BSE. With a market capitalization of ₹74,577.22 crore, it’s currently 1.85% away from its 52-week high and 100.85% away from its 52-week low.
Persistent Systems Limited Financial Results
Persistent Systems Ltd achieved sales of ₹9,822 crores in FY 24, up from ₹8,351 crores in FY 23. Operating profit for FY 24 stands at ₹1,676 crores with an OPM of 16.84%. The company’s reserves increased to ₹4,644 crores, reflecting steady growth and financial stability.
1. Revenue Trend: Persistent Systems Ltd saw a sales increase from ₹8,351 crores in FY 23 to ₹9,822 crores in FY 24, continuing a consistent growth trend from ₹5,711 crores in FY 22.
2. Equity and Liabilities: Equity capital in FY 24 remained stable at ₹77 crores, while reserves grew to ₹4,644 crores from ₹3,659 crores in FY 23. Total liabilities increased to ₹7,374 crores from ₹6,619 crores.
3. Profitability: Operating profit increased from ₹1,519 crores in FY 23 to ₹1,676 crores in FY 24. OPM slightly decreased to 16.84% in FY 24 from 18.04% in FY 23.
4. Earnings per Share (EPS): EPS for FY 24 was ₹71, down from ₹121 in FY 23, reflecting fluctuations in profitability despite revenue growth.
5. Return on Net Worth (RoNW): RoNW in FY 24 reflects strong performance, supported by increasing reserves and a steady return on equity capital of ₹77 crores.
6. Financial Position: Persistent Systems’ total assets rose to ₹7,374 crores in FY 24, up from ₹6,619 crores in FY 23. Current liabilities increased to ₹2,184 crores, and contingent liabilities were ₹2,562 crores in FY 24.
Persistent Systems Ltd Financial Analysis
| FY 24 | FY 23 | FY 22 | |
| Sales | 9,822 | 8,351 | 5,711 |
| Expenses | 8,146 | 6,831 | 4,753 |
| Operating Profit | 1,676 | 1,519 | 958 |
| OPM % | 16.84 | 18.04 | 16.37 |
| Other Income | 128 | 41 | 144 |
| EBITDA | 1,804 | 1,590 | 1,102 |
| Interest | 47 | 47 | 12 |
| Depreciation | 309 | 272 | 166 |
| Profit Before Tax | 1,448 | 1,241 | 924 |
| Tax % | 24.46 | 25.77 | 25.31 |
| Net Profit | 1,093 | 921 | 690 |
| EPS | 71 | 121 | 90 |
| Dividend Payout % | 36.63 | 41.49 | 34.31 |
* Consolidated Figures in Rs. Crores
Persistent Systems Limited Company Metrics
Persistent Systems Ltd’s company metrics include a market capitalization of ₹74,577.22 crore, a book value per share of ₹322, and a face value of ₹5. With a debt-to-equity ratio of 9.10, a return on equity of 24.51%, and a 0.54% dividend yield, these figures underscore the company’s financial position and investment profile.
Market Capitalization:
Market Capitalization represents the total market value of Persistent Systems’ outstanding shares, amounting to ₹74,577.22 crore.
Book Value:
The book value per share of Persistent Systems is ₹322, indicating the value of the company’s net assets divided by its shares outstanding.
Face Value:
The face value of Persistent Systems’ shares is ₹5, which is the original cost of the shares as stated on the certificate.
Asset Turnover Ratio:
The asset turnover ratio of 1.42 measures how efficiently Persistent Systems uses its assets to generate revenue.
Total Debt:
The total debt of ₹451.13 crore represents the sum of all short-term and long-term debt obligations of Persistent Systems.
Return on Equity (ROE):
The ROE of 24.51% measures Persistent Systems’ profitability in generating income from its equity investments.
EBITDA (Q):
The quarterly EBITDA of ₹485.85 crore represents Persistent Systems’ earnings before interest, taxes, depreciation, and amortization.
Dividend Yield:
The dividend yield of 0.54% shows the annual dividend payment as a percentage of Persistent Systems’ current share price, indicating the return on investment from dividends alone.
Persistent Systems Ltd Stock Performance
Persistent Systems Ltd delivered a return on investment of 82.6% over 1 year, 44.1% over 3 years, and 77.5% over 5 years. These returns demonstrate the company’s consistent growth potential and robust performance, rewarding investors significantly over different time frames.
| Period | Return on Investment (%) |
| 1 Year | 82.6 |
| 3 Years | 44.1 |
| 5 Years | 77.5 |
Example: If an investor had invested ₹1,000 in Persistent Systems’ stock:
1 year ago, their investment would be worth ₹1,826.
3 years ago, their investment would have grown to ₹1,441.
5 years ago, their investment would have increased to ₹1,775.
Persistent Systems Peer Comparison
Persistent Systems Ltd has a current market price of ₹5,283.55 and a market cap of ₹81,710.10 crores. With a P/E ratio of 69.77 and an ROE of 23.99%, it delivered an impressive 1-year return of 82.61%, standing strong among peers like TCS and Infosys, which showed 19.14% and 27.11% returns respectively.
| Name | CMP Rs. | Mar Cap Rs.Cr. | P/E | ROE % | EPS 12M Rs. | 1Yr return % | ROCE % | Div Yld % |
| TCS | 4296.15 | 1554384.67 | 32.66 | 51.51 | 129.2 | 19.14 | 64.28 | 1.28 |
| Infosys | 1894.2 | 786499.65 | 29.51 | 31.83 | 64.21 | 27.11 | 39.99 | 2.01 |
| HCL Technologies | 1736.5 | 471227.94 | 28.69 | 23.3 | 60.53 | 34.26 | 29.6 | 2.99 |
| Wipro | 533.35 | 279007.87 | 24.96 | 14.31 | 21.39 | 24.01 | 16.93 | 0.19 |
| LTIMindtree | 6377.15 | 188874.03 | 41.38 | 25.03 | 154.18 | 16.51 | 31.17 | 1.02 |
| Tech Mahindra | 1595.35 | 156081 | 62.02 | 8.63 | 25.77 | 25.19 | 11.88 | 2.51 |
| Persistent Sys | 5283.55 | 81710.1 | 69.77 | 23.99 | 76.06 | 82.61 | 29.17 | 0.49 |
Persistent Systems Limited Shareholding Pattern
Persistent Systems Ltd’s shareholding as of June 2024 shows promoters holding steady at 31.02%, unchanged from March and December 2023. FII holdings slightly decreased to 22.55% from 24.96%, while DII increased to 28.23%. Retail and others maintained a stable share at 18.2%.
| All values in % | Jun-24 | Mar-24 | Dec-23 |
| Promoters | 31.02 | 31.02 | 31.06 |
| FII | 22.55 | 24.96 | 24.55 |
| DII | 28.23 | 25.88 | 26.13 |
| Retail & others | 18.2 | 18.15 | 18.25 |
Persistent Systems Ltd History
Persistent Systems Limited is a prominent Indian technology company specializing in software products and services. The company operates across multiple segments, including Banking, Financial Services, and Insurance (BFSI), Healthcare & Life Sciences, and Technology Companies and Emerging Verticals, showcasing its diverse client base.
Persistent Systems offers a comprehensive range of services, encompassing digital strategy and design, software product engineering, and client experience transformation. The company’s expertise extends to cloud & infrastructure, intelligent automation, enterprise IT security, and data analytics, positioning it as a versatile technology partner for various industries.
The company has established a strong presence in key sectors such as banking and financial services, insurance, healthcare life sciences, and software and hi-tech. Persistent Systems’ cloud and infrastructure offerings, including Hybrid & Multi-Cloud Transformation and Data Center Modernization, demonstrate its commitment to staying at the forefront of technological advancements.
How To Invest In Persistent Systems Share?
To invest in Persistent Systems shares, open a demat account with Alice Blue. Research the company’s fundamentals, financial performance, and position in the IT services sector. Analyze historical stock data and compare it with industry peers.
Determine your investment strategy based on your financial goals and risk tolerance. Consider factors such as the company’s client base, technological expertise, and growth in digital transformation services. Decide on the investment amount and timing.
Place your order through the broker’s platform. Regularly monitor your investment, staying updated on company news, quarterly results, and IT industry trends. Consider seeking advice from a financial advisor for personalized guidance and to ensure your investment aligns with your overall portfolio strategy.
Persistent Systems Fundamental Analysis – FAQs
Persistent Systems Ltd’s fundamental analysis reveals a Market Cap of ₹74,577.22 crore, PE Ratio of 69.8, Debt to Equity of 9.10, and Return on Equity of 24.51%. These metrics provide insights into the company’s financial health, profitability, and market valuation.
Persistent Systems’ market capitalization is ₹74,577.22 crore. This figure represents the total value of the company’s outstanding shares in the stock market, calculated by multiplying the current stock price by the number of outstanding shares.
Persistent Systems Limited is an Indian IT company providing software products and technology services. It specializes in digital transformation, software engineering, and cloud services for various industries including BFSI, healthcare, and technology companies.
Persistent Systems is a public limited company with diverse ownership. The founder, Dr. Anand Deshpande, and his family hold a significant stake. As a listed entity, ownership is distributed among various institutional and individual shareholders through stock market participation.
The main shareholders of Persistent Systems Ltd include the promoter group (Dr. Anand Deshpande and family), along with institutional investors and public shareholders. For the most current and accurate information on major shareholders, refer to the company’s latest shareholding pattern disclosure.
Persistent Systems operates in the information technology (IT) industry. The company specializes in providing software products, digital transformation services, and technology solutions to various sectors, including banking, healthcare, and emerging technologies.
To invest in Persistent Systems shares, open a demat account with Alice Blue. Research the company’s performance and IT sector trends. Decide on your investment strategy. Place your order through the broker’s platform. Regularly monitor your investment, staying informed about market conditions. Consider seeking financial advice for personalized guidance.
Determining if Persistent Systems is overvalued or undervalued requires analyzing its financials, growth prospects, industry position, and peer comparison. Consider factors like PE ratio, future earnings potential, and IT services sector trends. Consult recent analyst reports for expert opinions on the company’s valuation.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
