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PERS

Persistent SystemsNSEI:PERSISTENT Stock Report

Market Cap

₹298.9b

7D

-6.1%

1Y

227.6%

Updated

26 Nov, 2021

Data

Company Financials +
PERSISTENT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance5/6
Financial Health6/6
Dividends4/6

PERSISTENT Stock Overview

Persistent Systems Limited provides software products, services, and technology solutions.

Persistent Systems Competitors

Tata Consultancy Services

NSEI:TCS

₹12.8t

Infosys

NSEI:INFY

₹7.2t

Wipro

BSE:507685

₹3.4t

HCL Technologies

NSEI:HCLTECH

₹3.0t

Price History & Performance

Summary of all time highs, changes and price drops for Persistent Systems
Historical stock prices
Current Share Price₹3,909.10
52 Week High₹4,439.85
52 Week Low₹1,164.75
Beta0.82
1 Month Change-3.19%
3 Month Change20.15%
1 Year Change227.57%
3 Year Change545.55%
5 Year Change555.18%
Change since IPO1,824.01%

Recent News & Updates

Oct 22
Here's What To Make Of Persistent Systems' (NSE:PERSISTENT) Decelerating Rates Of Return

Here's What To Make Of Persistent Systems' (NSE:PERSISTENT) Decelerating Rates Of Return

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Oct 07
Should You Think About Buying Persistent Systems Limited (NSE:PERSISTENT) Now?

Should You Think About Buying Persistent Systems Limited (NSE:PERSISTENT) Now?

Persistent Systems Limited ( NSE:PERSISTENT ), might not be a large cap stock, but it saw a significant share price...

Sep 24
With EPS Growth And More, Persistent Systems (NSE:PERSISTENT) Is Interesting

With EPS Growth And More, Persistent Systems (NSE:PERSISTENT) Is Interesting

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

PERSISTENTIN ITIN Market
7D-6.1%-2.4%-3.3%
1Y227.6%49.8%43.0%

Return vs Industry: PERSISTENT exceeded the Indian IT industry which returned 50.2% over the past year.

Return vs Market: PERSISTENT exceeded the Indian Market which returned 47.7% over the past year.

Price Volatility

Is PERSISTENT's price volatile compared to industry and market?
PERSISTENT volatility
PERSISTENT Average Weekly Movement5.0%
IT Industry Average Movement6.6%
Market Average Movement6.0%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.8%

Stable Share Price: PERSISTENT is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: PERSISTENT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199010,357Sandeep Kalrahttps://www.persistent.com

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

How do Persistent Systems's earnings and revenue compare to its market cap?
PERSISTENT fundamental statistics
Market Cap₹298.92b
Earnings (TTM)₹5.72b
Revenue (TTM)₹47.70b

52.3x

P/E Ratio

6.3x

P/S Ratio

Is PERSISTENT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PERSISTENT income statement (TTM)
Revenue₹47.70b
Cost of Revenue₹35.52b
Gross Profit₹12.18b
Expenses₹6.47b
Earnings₹5.72b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)74.80
Gross Margin25.54%
Net Profit Margin11.99%
Debt/Equity Ratio0.1%

How did PERSISTENT perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

8%

Payout Ratio

Valuation

Is Persistent Systems undervalued compared to its fair value and its price relative to the market?

52.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PERSISTENT (₹3909.1) is trading above our estimate of fair value (₹1327.57)

Significantly Below Fair Value: PERSISTENT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PERSISTENT is poor value based on its PE Ratio (52.3x) compared to the Indian IT industry average (27.9x).

PE vs Market: PERSISTENT is poor value based on its PE Ratio (52.3x) compared to the Indian market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: PERSISTENT is poor value based on its PEG Ratio (2.7x)


Price to Book Ratio

PB vs Industry: PERSISTENT is overvalued based on its PB Ratio (9.7x) compared to the IN IT industry average (2.2x).


Future Growth

How is Persistent Systems forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

19.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PERSISTENT's forecast earnings growth (19.1% per year) is above the savings rate (6.7%).

Earnings vs Market: PERSISTENT's earnings (19.1% per year) are forecast to grow slower than the Indian market (20.1% per year).

High Growth Earnings: PERSISTENT's earnings are forecast to grow, but not significantly.

Revenue vs Market: PERSISTENT's revenue (17.6% per year) is forecast to grow faster than the Indian market (12.7% per year).

High Growth Revenue: PERSISTENT's revenue (17.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PERSISTENT's Return on Equity is forecast to be high in 3 years time (23.7%)


Past Performance

How has Persistent Systems performed over the past 5 years?

10.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PERSISTENT has high quality earnings.

Growing Profit Margin: PERSISTENT's current net profit margins (12%) are higher than last year (9.5%).


Past Earnings Growth Analysis

Earnings Trend: PERSISTENT's earnings have grown by 10.3% per year over the past 5 years.

Accelerating Growth: PERSISTENT's earnings growth over the past year (57.2%) exceeds its 5-year average (10.3% per year).

Earnings vs Industry: PERSISTENT earnings growth over the past year (57.2%) exceeded the IT industry 37.6%.


Return on Equity

High ROE: PERSISTENT's Return on Equity (18.5%) is considered low.


Financial Health

How is Persistent Systems's financial position?


Financial Position Analysis

Short Term Liabilities: PERSISTENT's short term assets (₹26.7B) exceed its short term liabilities (₹8.2B).

Long Term Liabilities: PERSISTENT's short term assets (₹26.7B) exceed its long term liabilities (₹1.2B).


Debt to Equity History and Analysis

Debt Level: PERSISTENT has more cash than its total debt.

Reducing Debt: PERSISTENT's debt to equity ratio has reduced from 0.2% to 0.1% over the past 5 years.

Debt Coverage: PERSISTENT's debt is well covered by operating cash flow (18527%).

Interest Coverage: PERSISTENT earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Persistent Systems's current dividend yield, its reliability and sustainability?

0.51%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PERSISTENT's dividend (0.51%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).

High Dividend: PERSISTENT's dividend (0.51%) is low compared to the top 25% of dividend payers in the Indian market (1.44%).


Stability and Growth of Payments

Stable Dividend: PERSISTENT's dividend payments have been volatile in the past 10 years.

Growing Dividend: PERSISTENT's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (8%), PERSISTENT's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PERSISTENT's dividends in 3 years are forecast to be well covered by earnings (25.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average management tenure


CEO

Sandeep Kalra (50 yo)

1.08yrs

Tenure

₹110,530,000

Compensation

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 ($USD1.48M) is above average for companies of similar size in the Indian market ($USD594.33K).

Compensation vs Earnings: Sandeep's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: PERSISTENT's management team is seasoned and experienced (6.5 years average tenure).


Board Members

Experienced Board: PERSISTENT's board of directors are considered experienced (6.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Persistent Systems Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Persistent Systems Limited
  • Ticker: PERSISTENT
  • Exchange: NSEI
  • Founded: 1990
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: ₹298.925b
  • Shares outstanding: 76.43m
  • Website: https://www.persistent.com

Number of Employees


Location

  • Persistent Systems Limited
  • Bhageerath
  • 402, Senapati Bapat Road
  • Pune
  • Maharashtra
  • 411016
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 15:49
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.