Persistent Systems Limited provides software products, services, and technology solutions.
Persistent Systems Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹3,864.15|
|52 Week High||₹1,075.00|
|52 Week Low||₹4,389.95|
|1 Month Change||2.45%|
|3 Month Change||27.13%|
|1 Year Change||229.99%|
|3 Year Change||591.76%|
|5 Year Change||499.42%|
|Change since IPO||1,794.19%|
Recent News & Updates
|533179||IN IT||IN Market|
Return vs Industry: 533179 exceeded the Indian IT industry which returned 53.7% over the past year.
Return vs Market: 533179 exceeded the Indian Market which returned 61.1% over the past year.
Stable Share Price: 533179 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 533179's weekly volatility (5%) has been stable over the past year.
About the Company
Persistent Systems Limited provides software products, services, and technology solutions. The company operates through three segments: Banking, Financial Services and Insurance (BFSI), Healthcare & Life Sciences, and Technology Companies and Emerging Verticals. It provides Persistent Digital Banking and Credit Union Solution, and Loan Originating Solution; Digital Insurance Solutions, comprising claims lifecycle management automation, CX transformation for insurance, and integrated wellness and care solution for insurance; and Persistent trade finance automation.
Persistent Systems Fundamentals Summary
|533179 fundamental statistics|
Is 533179 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|533179 income statement (TTM)|
|Cost of Revenue||₹32.87b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 26, 2021
|Earnings per share (EPS)||66.98|
|Net Profit Margin||11.57%|
How did 533179 perform over the long term?See historical performance and comparison
0.5%Current Dividend Yield
Is Persistent Systems undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 533179 (₹3864.15) is trading above our estimate of fair value (₹923.87)
Significantly Below Fair Value: 533179 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 533179 is poor value based on its PE Ratio (57.7x) compared to the Indian IT industry average (30.9x).
PE vs Market: 533179 is poor value based on its PE Ratio (57.7x) compared to the Indian market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: 533179 is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: 533179 is overvalued based on its PB Ratio (10x) compared to the IN IT industry average (2.4x).
How is Persistent Systems forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 533179's forecast earnings growth (18.4% per year) is above the savings rate (6.7%).
Earnings vs Market: 533179's earnings (18.4% per year) are forecast to grow slower than the Indian market (19.2% per year).
High Growth Earnings: 533179's earnings are forecast to grow, but not significantly.
Revenue vs Market: 533179's revenue (16.4% per year) is forecast to grow faster than the Indian market (12.8% per year).
High Growth Revenue: 533179's revenue (16.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 533179's Return on Equity is forecast to be high in 3 years time (23.3%)
How has Persistent Systems performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 533179 has high quality earnings.
Growing Profit Margin: 533179's current net profit margins (11.6%) are higher than last year (9.3%).
Past Earnings Growth Analysis
Earnings Trend: 533179's earnings have grown by 8.1% per year over the past 5 years.
Accelerating Growth: 533179's earnings growth over the past year (47.2%) exceeds its 5-year average (8.1% per year).
Earnings vs Industry: 533179 earnings growth over the past year (47.2%) exceeded the IT industry 23.2%.
Return on Equity
High ROE: 533179's Return on Equity (17.3%) is considered low.
How is Persistent Systems's financial position?
Financial Position Analysis
Short Term Liabilities: 533179's short term assets (₹27.8B) exceed its short term liabilities (₹7.4B).
Long Term Liabilities: 533179's short term assets (₹27.8B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 533179's debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 533179's debt to equity ratio has reduced from 0.2% to 0.2% over the past 5 years.
Debt Coverage: 533179's debt is well covered by operating cash flow (16495%).
Interest Coverage: 533179 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Persistent Systems's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 533179's dividend (0.52%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: 533179's dividend (0.52%) is low compared to the top 25% of dividend payers in the Indian market (1.41%).
Stability and Growth of Payments
Stable Dividend: 533179's dividend payments have been volatile in the past 10 years.
Growing Dividend: 533179's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.9%), 533179's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 533179's dividends in 3 years are forecast to be well covered by earnings (26.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sandeep Kalra (50 yo)
Mr. Sandeep Kumar Kalra serves as Chief Executive Officer at Persistent Systems Limited since October 23, 2020. He has been Additional Executive Director at Persistent Systems Limited since June 11, 2019 a...
CEO Compensation Analysis
Compensation vs Market: Sandeep's total compensation ($USD1.47M) is above average for companies of similar size in the Indian market ($USD591.50K).
Compensation vs Earnings: Sandeep's compensation has increased by more than 20% in the past year.
Experienced Management: 533179's management team is seasoned and experienced (6.4 years average tenure).
Experienced Board: 533179's board of directors are considered experienced (8.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 533179 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Persistent Systems Limited's employee growth, exchange listings and data sources
- Name: Persistent Systems Limited
- Ticker: 533179
- Exchange: BSE
- Founded: 1990
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹295.318b
- Shares outstanding: 76.43m
- Website: https://www.persistent.com
Number of Employees
- Persistent Systems Limited
- 402, Senapati Bapat Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/23 12:05|
|End of Day Share Price||2021/10/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.