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Name: Latest research reports of Persistent Systems Ltd. authored by Prabhudas Lilladhar and published by - Trendlyne research reports.
Item: Persistent Systems Ltd.
Rating: 5
Author: Prabhudas Lilladhar

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Persistent Systems Ltd.

24 Apr 2025

5581.50

-0.42%

Annual Report

Annual report for Persistent Systems Ltd. for FY-2025

None

pdf

Persistent Systems Ltd.

24 Apr 2025

5581.50

-0.42%

Persistent Systems (PSYS IN) Q4FY25 Result Update Well...

Buy: Persistent Systems Ltd.

Prabhudas Lilladhar

The revenue performance (+4.5% QoQ) was tad below our estimates (+5.2% QoQ CC), while margins were fairly in line. The momentum within Hi-Tech and BFSI accelerated in Q4, while Healthcare growth decelerated further. Healthcare growth is expected to deteriorate even further due to Medicaid funding cut and large deals assuming support phase in FY26. The management indicated that the recent rejig has elevated caution on decision making among few Healthcare clients. However, the outlook on Hi-Tech and BFSI remains...

Persistent Systems Ltd. has gained 22.82% in the last 3 Months

LTIMindtree Ltd.

24 Apr 2025

5250.50

1.79%

LTIMindtree (LTIM IN) Q4FY25 Result Update Hinting positive...

Accumulate: LTIMindtree Ltd.

Recommendation Target

Prabhudas Lilladhar

The revenue growth (-0.6% QoQ CC) was below our estimates (+0.3% QoQ CC), while margins were fairly in line, attributed to project closures and unanticipated delays in deal ramp ups. The new management is doubling down on three key initiatives to maximize revenues and improve profitability. The management expects new initiatives to start reaping benefits from Q1FY26, it expects Q1 to be a growth quarter with sequential improvement in margins. Despite having 34% dependency on tariff sensitive verticals (Manufacturing...

LTIMindtree Ltd. has an average target of 5458.20 from 10 brokers.

Persistent Systems Ltd.

24 Apr 2025

5581.50

-0.42%

Strong Quarter, On track towards $2bn revenue goal

Buy: Persistent Systems Ltd.

Target

Sharekhan

Revenue stood at $375.2 million, up 4.5% q-o-q in constant currency (CC), beating our estimates of 4% q-o-q growth in CC terms. Revenue in rupee terms stood at Rs. 3,242 crore, up 5.9% q-o-q/25.2 % y-o-y. EBIT margin improved ~70 bps q-o-q to 15.6% % but missed our estimate of 15.9%.

Persistent Systems Ltd. has gained 22.82% in the last 3 Months

LTIMindtree Ltd.

24 Apr 2025

5250.50

1.79%

LTIMindtree: Q4FY25 Result Review

Buy: LTIMindtree Ltd.

Recommendation Target

IDBI Capital

LTIMindtree Ltd. is trading above its 150 day SMA of 5248.2

Persistent Systems Ltd.

24 Apr 2025

5581.50

-0.42%

Steadfast quarter; good visibility ahead

Buy: Persistent Systems Ltd.

Target

Motilal Oswal

Persistent Systems (PSYS) reported a 4QFY25 revenue of USD375m, up 4.2% QoQ in USD terms (est. +3.8%) and 4.5% in CC (est. +4.0%). EBIT margin stood at 15.6% (est. 14.8%).

Persistent Systems Ltd. has gained 22.82% in the last 3 Months

Tech Mahindra Ltd.

24 Apr 2025

1579.00

0.15%

The march of redemption continues

Buy: Tech Mahindra Ltd.

Recommendation Target

Motilal Oswal

Tech Mahindra (TECHM) reported 4QFY25 revenue of USD1.5b, down 1.5% QoQ in constant currency (CC) vs. our estimate of 0.8% cc decline. BFSI/Communications grew 2.4%/1.0% QoQ, while Healthcare/Hi-tech and Media declined 5.6%/8.2% QoQ. EBIT margin was up 40bp QoQ at 10.5%, beating our estimate of 10.3%.

Tech Mahindra Ltd. is trading above its 100 day SMA of 1536.9

LTIMindtree Ltd.

24 Apr 2025

5250.50

1.79%

Healthcare slip impacts growth sharply

Hold: LTIMindtree Ltd.

Target

ICICI Securities Limited

LTIM reported muted performance with revenue growth down 0.6%/0.7% CC/USD QoQ, underperforming I-Sec estimates. Factors leading to slower growth were, Delayed ramp-up and deferral of deals, Ramp-down in healthcare vertical and Top-5 clients’ revenue declining from AI-led gain sharing.