Persistent Systems (PERSISTENT)₹6,040+0.30%Computers - Software & Consulting
In the Sep 2026 quarter (consolidated), Persistent Systems reported sales of ₹4,651 Cr, up 30.2% from Sep 2025, and net profit of ₹352 Cr, down 25.2% year on year. For the year to Mar 2026, sales were ₹14,700 Cr and net profit ₹1,862 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,490 | 2,585 | 2,732 | 2,892 | 3,055 | 3,236 | 3,326 | 3,574 | 3,765 | 4,043 | 4,294 | 4,651 |
| Expenses | 2,056 | 2,136 | 2,282 | 2,418 | 2,524 | 2,657 | 2,721 | 2,898 | 3,046 | 3,286 | 3,609 | 4,030 |
| Operating Profit | 442 | 454 | 455 | 481 | 538 | 584 | 612 | 683 | 733 | 768 | 697 | 633 |
| OPM % | 17.9% | 18.0% | 17.0% | 17.0% | 17.9% | 17.9% | 18.0% | 18.9% | 18.9% | 18.9% | 15.9% | 13.9% |
| Other Income | 37.96 | 30.98 | 30.96 | 46.96 | 42.93 | 17.99 | 54.98 | 51.91 | −48.95 | 32.97 | 70.88 | 23.96 |
| Interest | 11.98 | 9.98 | 13.98 | 17.97 | 15.96 | 17.96 | 16.96 | 17.97 | 18.97 | 18.97 | 28.96 | 37.95 |
| Depreciation | 78.86 | 79.79 | 70.85 | 73.84 | 81.88 | 78.81 | 93.80 | 99.86 | 101 | 109 | 115 | 167 |
| Profit before tax | 389 | 395 | 400 | 435 | 482 | 504 | 554 | 616 | 564 | 673 | 622 | 453 |
| Tax % | 26.0% | 20.0% | 24.0% | 25.0% | 23.0% | 22.0% | 23.0% | 24.0% | 22.0% | 21.0% | 22.0% | 23.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −66.93 | 0.00 | 0.00 | 0.00 |
| Net Profit | 285 | 314 | 306 | 324 | 372 | 396 | 424 | 470 | 438 | 528 | 482 | 352 |
| EPS (Rs) | 18.55 | 20.43 | 19.84 | 20.99 | 24.09 | 25.53 | 27.13 | 30.11 | 27.82 | 33.48 | 30.54 | 22.24 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,306 | 2,873 | 3,025 | 3,356 | 3,559 | 4,176 | 5,697 | 8,326 | 9,798 | 11,917 | 14,700 | 16,754 |
| Expenses | 1,922 | 2,412 | 2,565 | 2,811 | 3,076 | 3,507 | 4,754 | 6,830 | 8,144 | 9,876 | 11,947 | 13,971 |
| Operating Profit | 392 | 465 | 469 | 556 | 493 | 683 | 958 | 1,520 | 1,675 | 2,057 | 2,796 | 2,831 |
| OPM % | 16.9% | 16.0% | 14.9% | 16.9% | 14.0% | 16.0% | 17.0% | 18.0% | 17.0% | 16.9% | 18.9% | 16.9% |
| Other Income | 76.93 | 83.96 | 119 | 87.94 | 132 | 108 | 144 | 40.98 | 128 | 138 | 90.91 | 78.86 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 5.99 | 5.99 | 11.97 | 46.91 | 46.88 | 66.86 | 72.89 | 105 |
| Depreciation | 98.87 | 149 | 158 | 157 | 166 | 176 | 166 | 272 | 308 | 306 | 402 | 491 |
| Profit before tax | 369 | 400 | 428 | 485 | 451 | 608 | 923 | 1,240 | 1,447 | 1,819 | 2,407 | 2,313 |
| Tax % | 25.0% | 25.0% | 25.0% | 28.0% | 25.0% | 26.0% | 25.0% | 26.0% | 24.0% | 23.0% | 23.0% | — |
| Exceptional items | 17.99 | −0.99 | 13.99 | 26.96 | 10.98 | 33.95 | 26.96 | −6.99 | 22.99 | 9.98 | −62.98 | −66.93 |
| Net Profit | 276 | 300 | 322 | 351 | 339 | 450 | 689 | 920 | 1,091 | 1,398 | 1,862 | 1,800 |
| EPS (Rs) | 17.29 | 18.80 | 20.13 | 21.94 | 22.20 | 29.40 | 45.06 | 60.15 | 70.85 | 90.33 | 117.99 | 114.08 |
| Dividend payout % | 23.0% | 24.0% | 24.9% | 25.0% | 26.9% | 34.0% | 34.0% | 41.0% | 37.0% | 39.0% | 34.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 80.00 | 80.01 | 80.01 | 80.12 | 79.09 | 76.01 | 76.04 | 76.03 | 75.99 | 76.95 | 78.05 | 78.98 |
| Reserves | 1,325 | 1,577 | 1,818 | 2,046 | 2,264 | 2,306 | 2,717 | 3,291 | 3,886 | 4,873 | 6,233 | 7,754 |
| Borrowings | 3.99 | 2.99 | 2.99 | 1.99 | 1.99 | 70.83 | 97.79 | 577 | 653 | 450 | 310 | 476 |
| Other Liabilities | 363 | 457 | 431 | 512 | 507 | 632 | 767 | 1,466 | 1,989 | 1,987 | 2,082 | 3,014 |
| Total Liabilities | 1,772 | 2,117 | 2,332 | 2,640 | 2,852 | 3,086 | 3,660 | 5,409 | 6,605 | 7,386 | 8,704 | 11,323 |
| Fixed Assets | 407 | 436 | 535 | 511 | 400 | 431 | 456 | 1,531 | 2,337 | 2,216 | 2,535 | 2,849 |
| CWIP | 4.01 | 27.10 | 29.07 | 5.01 | 32.12 | 30.11 | 12.04 | 107 | 16.06 | 34.11 | 77.25 | 38.13 |
| Investments | 675 | 639 | 684 | 880 | 765 | 980 | 1,000 | 823 | 641 | 828 | 981 | 1,616 |
| Other Assets | 687 | 1,015 | 1,084 | 1,244 | 1,655 | 1,646 | 2,192 | 2,948 | 3,612 | 4,310 | 5,109 | 6,822 |
| Trade receivables | 358 | 427 | 474 | 484 | 491 | 591 | 570 | 947 | 1,566 | 1,674 | 2,675 | 3,326 |
| Cash & equivalents | 142 | 144 | 151 | 241 | 672 | 456 | 979 | 913 | 902 | 1,022 | 1,023 | 1,217 |
| Total Assets | 1,772 | 2,117 | 2,332 | 2,640 | 2,852 | 3,086 | 3,660 | 5,409 | 6,605 | 7,386 | 8,704 | 11,323 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 311 | 253 | 285 | 420 | 431 | 351 | 735 | 843 | 954 | 1,301 | 1,154 | 1,763 |
| Cash from investing activity | −230 | −85.97 | −222 | −337 | −233 | −6.01 | −540 | −972 | −383 | −526 | −517 | −619 |
| Cash from financing activity | −65.88 | −127 | −57.89 | −95.91 | −160 | −328 | −144 | 182 | −403 | −582 | −627 | −747 |
| Net cash flow | 15.95 | 40.86 | 5.98 | −11.95 | 38.84 | 15.96 | 51.79 | 55.76 | 168 | 195 | 11.95 | 400 |
| Capex | 96.25 | 166 | 218 | 65.11 | 38.10 | 76.24 | 128 | 386 | 434 | 359 | 238 | 209 |
| Free cash flow | 217 | 89.32 | 70.21 | 357 | 397 | 278 | 613 | 466 | 526 | 950 | 967 | 1,576 |
| CFO / OP % | 105.0% | 91.0% | 84.0% | 116.0% | 103.0% | 98.0% | 131.0% | 113.0% | 85.0% | 98.0% | 81.0% | 86.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 68 | 66 | 59 | 57 | 52 | 60 | 49 | 60 | 68 | 61 | 81 | 82 |
| Cash conversion cycle | 69 | 67 | 60 | 58 | 53 | 61 | 50 | 61 | 69 | 62 | 82 | 83 |
| Working capital days | 29 | 40 | 49 | 53 | 43 | 37 | 25 | 4 | 20 | 24 | 47 | 50 |
| ROCE % | 29.0% | 23.0% | 23.0% | 20.0% | 20.0% | 18.0% | 21.0% | 26.0% | 30.1% | 29.1% | 31.1% | 34.0% |
For the Sep 2026 quarter, Persistent Systems reported sales of ₹4,651 Cr, up 30.2% year on year and net profit of ₹352 Cr, down 25.2% year on year. The operating margin was 13.9%.
Persistent Systems' sales for the year to Mar 2026 were ₹14,700 Cr; over the last twelve months they were ₹16,754 Cr.
Net profit for the year to Mar 2026 was ₹1,862 Cr, and ₹1,800 Cr over the last twelve months. Earnings per share over the same trailing period were ₹114.08.
Persistent Systems reported borrowings of ₹476 Cr at Mar 2026, against cash and equivalents of ₹1,217 Cr.
Cash from operations was ₹1,763 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1,576 Cr.