NSE: PERSISTENT | BSE: 533179

Expensive Performer

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5687.00 -12.00 (-0.21%)

75.96% Gain from 52W Low

218.6K NSE+BSE Volume

NSE 19 May, 2025 2:17 PM (IST)

88,631.9

Market Cap

High in industry

1.2

Beta 1Year

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.

29 Jan 2019

5687.00

-0.21%

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).

Persistent Systems Ltd. has gained 17.60% in the last 1 Month

Persistent Systems Ltd.

29 Jan 2019

5687.00

-0.21%

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 860 to 904 in Mar 2025 qtr.

Persistent Systems Ltd.

28 Jan 2019

5687.00

-0.21%

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. has gained 61.23% in the last 1 Year

Persistent Systems Ltd.

28 Jan 2019

5687.00

-0.21%

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.'s price crossed below 100Day SMA today

Persistent Systems Ltd.

13 Dec 2018

5687.00

-0.21%

Persistent Systems

Hold: Persistent Systems Ltd.

ICICI Securities Limited

Persistent Systems Ltd. is trading above all available SMAs

Persistent Systems Ltd.

12 Dec 2018

5687.00

-0.21%

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...

Persistent Systems Ltd. has gained 17.60% in the last 1 Month

Persistent Systems Ltd.

11 Dec 2018

5687.00

-0.21%

Persistent Systems: Braced for a change at the top

Buy: Persistent Systems Ltd.

Motilal Oswal

We attended Persistent Systems' (PSYS) Analyst Day, where the company showcased - through panel discussions - its capabilities and references in the areas of Data/Machine Learning/IoT/Cloud for catering to industries such as BFS and Healthcare & Life Sciences.

Persistent Systems L.. has an average target of 5584.00 from 8 brokers.

Persistent Systems Ltd.

23 Oct 2018

5687.00

-0.21%

Persistent Systems

Hold: Persistent Systems Ltd.

Recommendation Target

ICICI Securities Limited

Persistent reported a weaker-than-expected quarter on the revenue front. The revenue decline was mainly on account of weak seasonality in the IP business, weaker execution in digital &...

Number of FII/FPI investors increased from 860 to 904 in Mar 2025 qtr.

Persistent Systems Ltd.

23 Oct 2018

5687.00

-0.21%

Persistent

Buy: Persistent Systems Ltd.

Recommendation Target

Arihant Capital

The digital & the services business has now been merged. For the sales team, employee compensation will be based on commission basis (% of sales). The company lost a few employees...

Persistent Systems Ltd. has gained 17.60% in the last 1 Month

Persistent Systems Ltd.

23 Oct 2018

5687.00

-0.21%

Persistent

Buy: Persistent Systems Ltd.

Kotak Securities

IP revenue volatility continues: Persistent Systems indicated better revenue growth and margin improvement in H2FY19 which will partly mitigate the impact of one-offs in Q2FY19. Revenue growth will be supported by good deal wins, project starts in Q2FY19, higher contribution from healthcare business (strong demand on the digital side and higher deal sizes), meaningful jump in IP business and the reseller segment due to seasonally strong Q3FY19. In Q2FY19, it has added net 400 people reflecting strong project pipeline. Margin improvement will be supported by better sales mix...

Number of FII/FPI investors increased from 860 to 904 in Mar 2025 qtr.

Is Persistent Systems Ltd. worth buying?

306 Votes:

Buy 77.45%

Sell 14.05%

Hold 8.5%

RESEARCH REPORTS

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