NSE: PERSISTENT | BSE: 533179

Mid-range Performer

Download real time

5345.00 108.50 (2.07%)

28.83% Gain from 52W Low

641.3K NSE+BSE Volume

NSE 20 Aug, 2025 3:31 PM (IST)

83,301.8

Market Cap

High in industry

1.3

Beta 1Year

Very High Volatility

Persistent Systems Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for PERSISTENT, BSE:533179 Persistent Systems Ltd.

Persistent Systems Ltd.

30 Apr 2019

5345.00

2.07%

Persistent - 4QFY19 Result Update

Hold: Persistent Systems Ltd.

Recommendation Target

Reliance Securities

Persistent Systems L.. has an average target of 5848.11 from 9 brokers.

Persistent Systems Ltd.

30 Apr 2019

5345.00

2.07%

Persistent

Hold: Persistent Systems Ltd.

Recommendation Target

Sharekhan

decline of 2.1% q-o-q at $118.3 million (versus our estimate of $116 million). Revenue decline during the quarter was due to 15.4% q-o-q fall in IP-led revenue, as Q4 is a seasonally soft quarter for IP-led revenue (because budgets are usually getting allocated in the U.S.), whereas IT services revenue grew by 2.3% q-o-q. Growth in IT services revenue was driven by 1.7% q-o-q...

Persistent Systems L.. has an average target of 5848.11 from 9 brokers.

Persistent Systems Ltd.

30 Apr 2019

5345.00

2.07%

Persistent

Hold: Persistent Systems Ltd.

Recommendation Target

Arihant Capital

Persistent Systems came out with weak set of numbers in Q4FY19. The company missed our estimates on all fronts as Revenue, EBITDA and PAT all came below our estimate. Revenue in rupee terms grew 10.5% YoY to Rs 8319 mn against our estimate of Rs 8590 mn. EBITDA stood at Rs 1266 mn against our estimate of Rs 1470 mn. PAT for the quarter stood at Rs 845 mn below our estimate of Rs 930 mn. Management in its concall acknowledged the fact that poor performance was owing to company specific issues rather than industry headwinds. We are cautious on the stock from near term perspective,...

Persistent Systems L.. has an average target of 5848.11 from 9 brokers.

Persistent Systems Ltd.

19 Feb 2019

5345.00

2.07%

PERSISTENT SYSTEMS LIMITED

Accumulate: Persistent Systems Ltd.

Target

Geojit BNP Paribas

Q3FY19 USD revenue grew by 2.2% QoQ (-1.4% YoY) led by rise in service revenue (+3.1% QoQ) whereas IP-led revenue was flat QoQ. EBITDA Margins improved by 250bps QoQ/230bps YoY led by higher utilisation, better realisation, and higher offshoring etc. Better business mix, improvement in utilisation, higher IP deals & higher onsite utilisation would drive PSYS' profit margins going forward....

Persistent Systems L.. has an average target of 5848.11 from 9 brokers.

Persistent Systems Ltd.

29 Jan 2019

5345.00

2.07%

Persistent Systems (3QFY19): Operational resilience, benign valuations. Maintain BUY

Buy: Persistent Systems Ltd.

Target

HDFC Securities

Maintain BUY with TP of Rs 815, 14x Dec-20E EPS. Persistent (PSYS) posted in-line revenue and an operational beat in 3Q. While the revenue growth was muted (despite seasonality tailwind), operational improvement seems sustainable supported by (1) Higher offshoring (in large accounts), (2) Better mix (higher Salesforce, Appian channel contribution) and (3) Utilisation increase. Revenue came at USD 120.8mn, +2.2% QoQ led by Digital (+6.4% QoQ) and Accelerite (+7.8% QoQ), offset by Services (-0.4% QoQ) and Alliance (+1.9% QoQ).

Number of FII/FPI investors increased from 904 to 993 in Jun 2025 qtr.

Persistent Systems Ltd.

29 Jan 2019

5345.00

2.07%

Persistent Systems

Hold: Persistent Systems Ltd.

Target

ICICI Securities Limited

It was a strong quarter from an EBITDA margin perspective as margins expanded 250 bps QoQ to 19.7% (way above our 17.7% estimate). Margin expansion was mainly on the back of lower travelling expenses (10.9% QoQ decline), higher offshoring, increase...

Number of FII/FPI investors increased from 904 to 993 in Jun 2025 qtr.

Persistent Systems Ltd.

28 Jan 2019

5345.00

2.07%

Margin expansion sans revenues from IP drives upgrades

Buy: Persistent Systems Ltd.

Target

Motilal Oswal

Revenue grew 2.2% QoQ (- 1.4% YoY) to USD120.8m in 3QFY19 (in line with our estimate of USD120.5m). EBITDA grew 18.5% QoQ (+23.8% YoY) to INR1.7b (12.5% beat). PAT grew 4.1% QoQ (flat YoY) to INR917m (18% above estimate led by 28 January 2019 operating profit beat). Services revenue grew 3.1% QoQ (+1.1% YoY) to USD90.

Persistent Systems Ltd. is trading below all available SMAs

Persistent Systems Ltd.

28 Jan 2019

5345.00

2.07%

Q3FY19 Result Update - Steady performance led by strong margin execution

Accumulate: Persistent Systems Ltd.

Prabhudas Lilladhar

modelled earlier). Our USD/INR assumptions are at 70/72/72.5 for FY19/20/21E. Led by strong margin execution in Q3 we now model EBITDA margins at 17.9/16.9/18% for FY19/FY20/FY21E (vs 16.9/16.8/18% modelled earlier). Persistent's revenue growth for FY19 would be lowest among midcap peers. Hence, stock is likely to remain trading at cheap P/E multiples over the medium term. Stock trades at 10.7x FY20E EPS and 9.7x Sep20E EPS. We marginal upgrade our EPS estimate for FY19 by 1.1% to Rs46. However, we...

Persistent Systems Ltd. is trading below all available SMAs

Persistent Systems Ltd.

13 Dec 2018

5345.00

2.07%

Persistent Systems

Hold: Persistent Systems Ltd.

ICICI Securities Limited

Persistent Systems L.. has an average target of 5848.11 from 9 brokers.

Persistent Systems Ltd.

12 Dec 2018

5345.00

2.07%

Persistent Systems Analyst Meet Note

Not Rated: Persistent Systems Ltd.

IDBI Capital

Persistent Systems (PSYS) at its investor and analyst day said that it would be absolutely responsive to the change required for reviving revenue growth. It has confirmed that it is separating the Chairman and MD position and would appoint new MD with a clear focus on driving revenue growth. Accordingly, it would also continue to refresh the sales team and go-to-market. PSYS reiterated its strong presence in software product engineering. It said that it would continue to focus on platforms and partnerships for technologies including Data/AI/ML, Cloud, Security and IoT across Healthcare & Life sciences, BFSI and...

Number of FII/FPI investors increased from 904 to 993 in Jun 2025 qtr.

Is Persistent Systems Ltd. worth buying?

316 Votes:

Buy 77.53%

Sell 13.92%

Hold 8.54%

RESEARCH REPORTS

Accumulate SEE REPORTS >

pdf

Hold SEE REPORTS >

pdf