NSE: PERSISTENT | BSE: 533179

Expensive Performer

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5578.50 -102.00 (-1.80%)

34.46% Gain from 52W Low

272.9K NSE+BSE Volume

NSE 11 Jul, 2025 3:31 PM (IST)

86,940.9

Market Cap

High in industry

1.3

Beta 1Year

Very High Volatility

Dividend

Persistent Systems Ltd. has an upcoming dividend of ₹15.00 per share due on 14 Jul 2025 See details

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 Oct 2021

5578.50

-1.80%

EARNINGS UPDATE- PERSISTENT SYSTEMS LTD 2QFY22

Buy: Persistent Systems Ltd.

Recommendation Target

Chola Wealth Direct

Background: Persistent Systems is one of the leading outsourced product development (OPD) companies in India. Revenue from business offering mix: Services (87.5%) & IP led business (12.5%). The company's business is spread across North America (78.7%), Europe (8.8%), and RoW (12.5%).Company earns revenue from global delivery centers (30.4%), India (57.1%) and IP Led (12.5%). Total active clients stood at 1000+ including services and IP led business. Company's top...

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

Persistent Systems Ltd.

28 Oct 2021

5578.50

-1.80%

Q2FY22 Result Update - HOME RUN! - BUY

Buy: Persistent Systems Ltd.

Target

Prabhudas Lilladhar

Strong headcount addition over last 4 quarter led to headcount increase of 47% YoY indicating strong revenue growth momentum. Persistent reported revenue of $182.3 mn, growth of 9.3% QoQ USD, much above our and cons estimates (Ple: 8%, Cons: 6.3%). Growth was strong across all three verticals. Onsite price declined (-2.7% QoQ) due to change in...

Persistent Systems Ltd. has gained 22.75% in the last 3 Months

Persistent Systems Ltd.

28 Oct 2021

5578.50

-1.80%

Result Update:Persistent Sys

Buy: Persistent Systems Ltd.

Target

Axis Direct

We recommend a BUY rating on the stock and assign a 36x P/E multiple to its FY24E earnings of Rs 126.7/share to arrive at a TP of Rs 4,520/share, indicating an upside potential of 12% from CMP.

Persistent Systems Ltd. has gained 22.75% in the last 3 Months

Persistent Systems Ltd.

01 Oct 2021

5578.50

-1.80%

Company Update:Persistent Sys

Buy: Persistent Systems Ltd.

Target

Axis Direct

We assign 43x to its FY23E earnings of Rs 96 and arrive at a target price of Rs 4,100/share with an upside of 10%.

Persistent Systems Ltd. is trading above its 100 day SMA of 5511.2

Persistent Systems Ltd.

26 Jul 2021

5578.50

-1.80%

Result Update:Persistent Sys

Buy: Persistent Systems Ltd.

Target

Axis Direct

We recommend a BUY rating on the stock and assign a 35x P/E multiple to its FY23E earnings of Rs 96/share, which gives a TP of Rs 3,400/share, implying an upside potential of 12% from CMP.

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

Persistent Systems Ltd.

24 Jul 2021

5578.50

-1.80%

Persistent Systems

Buy: Persistent Systems Ltd.

Target

ICICI Securities Limited

...

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

Persistent Systems Ltd.

24 Jul 2021

5578.50

-1.80%

Persistent Systems (HOLD): An all-round growth beat; upgrade to HOLD

Hold: Persistent Systems Ltd.

Recommendation Target

BOB Capital Markets Ltd.

PSYS reported stellar Q1FY22 numbers with dollar revenue growth of 9.1% QoQ (incl. Capiot) driven by BFSI and healthcare

Persistent Systems Ltd. is trading above its 100 day SMA of 5511.2

Persistent Systems Ltd.

24 Jul 2021

5578.50

-1.80%

Valuation factoring in industry-leading performance

Neutral: Persistent Systems Ltd.

Recommendation Target

Motilal Oswal

Strong growth to continue, but attrition worrying Motilal Oswal values your support in the Asiamoney Brokers Poll 2021 for India Research, Sales, Corporate Access and...

Persistent Systems L.. has an average target of 5806.00 from 8 brokers.

Persistent Systems Ltd.

03 May 2021

5578.50

-1.80%

EARNINGS UPDATE- PERSISTENT SYSTEMS LTD 4QFY21

Neutral: Persistent Systems Ltd.

Recommendation Target

Chola Wealth Direct

Background: Persistent Systems is one of the leading outsourced product development (OPD) companies in India. Revenue from business offering mix: Services (81.9%) & IP led business (18.1%). The company has industry expertise in ISV (41.7%), Enterprise (42%) and IP Led (16.3%). The company's business is spread across North America (81.1%), Europe (8.8%), and RoW (10.1%).Company earns revenue from global delivery centers (30.5%), India (51.4%) and IP Led (18.1%). Total active clients stood at 1000+ including services and IP led business. Company's top client accounts 18.5% in revenues, top 5 (37.8%) and top 10 (47%)....

Persistent Systems Ltd. is trading below its 30 day SMA of 5877.2

Persistent Systems Ltd.

01 May 2021

5578.50

-1.80%

Best-in-class performance to continue in FY22E

Buy: Persistent Systems Ltd.

Target

Motilal Oswal

We were impressed by PSYS strong performance in 4QFY21 USD revenue growth of 4.6% QoQ (100bp above MOFLSe) and 16.9% EBITDA margin (down 10bp QoQ despite a one-month wage hike impact). Order bookings of USD246m (1.6x book-to-bill ratio) in 4QFY21 points to good growth visibility for FY22E, especially with management commentary that the TCV run-rate of over USD200m will result in a quarterly revenue growth of 4.5-5% in USD terms. PSYS has reported best-in-class growth in the TSU business (18.4% YoY)...

Persistent Systems L.. has an average target of 5806.00 from 8 brokers.

Is Persistent Systems Ltd. worth buying?

311 Votes:

Buy 77.49%

Sell 14.15%

Hold 8.36%

RESEARCH REPORTS

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