| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 4,664 | 3,581 | +30.3% |
| EBITDA | 633 | 683 | −7.3% |
| EBITDA margin | 13.6% | 19.1% | −5.5 pts |
| Profit before tax | 454 | 617 | −26.4% |
| Net profit | 352 | 471 | −25.4% |
| EPS | ₹22.42 | ₹30.31 | −26.0% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 92,252 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 2,254 | 1,990 | 1,013 | 935 | 655 | ||
| 0.0 | 0.0 | 0.0 | 207 | 429 | ||
| 89,998 | — | — | — | — | ||
| 16,801 | 14,748 | 11,939 | 9,822 | 8,351 | ||
| — | +23.5% | +21.6% | +17.6% | — | ||
| 2,831 | 2,795 | 2,058 | 1,676 | 1,519 | ||
| 16.9% | 19.0% | 17.2% | 17.1% | 18.2% | ||
| 2,340 | 2,392 | 1,751 | 1,366 | 1,247 | ||
| 1,803 | 1,865 | 1,400 | 1,093 | 921 | ||
| 10.7% | 12.7% | 11.7% | 11.1% | 11.0% | ||
| ₹114.31 | ₹118.23 | ₹88.76 | ₹69.32 | ₹58.39 | ||
| — | +33.2% | +28.0% | +18.7% | — | ||
| — | 1,767 | 1,157 | 1,221 | 956 | ||
| — | −13.4 | −433 | −284 | −433 | ||
| 1,754 | 1,754 | 724 | 937 | 522 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 92,252.2 | |
| - Cash, Equiv & ST Investments | 655.0 | 935.2 | 1,013.2 | 1,989.5 | 2,253.8 | |
| + Total Debt | 428.5 | 207.3 | 0.0 | 0.0 | 0.0 | |
| Enterprise Value | — | — | — | — | 89,998.4 | |
| Revenue | 8,350.6 | 9,821.6 | 11,938.7 | 14,748.4 | 16,801.3 | |
| Growth %, YoY | — | +17.6 | +21.6 | +23.5 | — | |
| EBITDA | 1,519.1 | 1,675.7 | 2,058.2 | 2,795.4 | 2,831.1 | |
| Margin % | 18.19 | 17.06 | 17.24 | 18.95 | 16.85 | |
| EBIT | 1,247.2 | 1,366.3 | 1,751.3 | 2,392.5 | 2,340.1 | |
| Net Income | 921.1 | 1,093.5 | 1,400.2 | 1,865.1 | 1,803.3 | |
| Margin % | 11.03 | 11.13 | 11.73 | 12.65 | 10.73 | |
| EPS, Adj (current shares) | 58.39 | 69.32 | 88.76 | 118.23 | 114.31 | |
| Growth %, YoY | — | +18.7 | +28.0 | +33.2 | — | |
| Cash from Operations | 955.8 | 1,221.3 | 1,156.9 | 1,767.1 | — | |
| Capital Expenditures | -433.3 | -283.9 | -432.7 | -13.4 | — | |
| Free Cash Flow | 522.5 | 937.4 | 724.3 | 1,753.7 | 1,753.7 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Persistent Systems (NSE: PERSISTENT) had a market capitalisation of ₹92,757 crore at the 29 October 2026 close (₹5,880.00 a share), a PE ratio of 51.4 on the last four quarters' profit and a price-to-book ratio of 10.80. In FY26 its consolidated net profit was ₹1,865 crore on revenue of ₹14,748 crore; in Q2 FY27 (July–September 2026) it was ₹352 crore, down 25.4% year on year. It had no borrowings on 30 September 2026. Promoters held 30.29% of the shares on 30 September 2026.
Persistent Systems' PE ratio is 51.4 at the 29 October 2026 close (₹5,880.00 a share): a market capitalisation of ₹92,757 crore divided by consolidated net profit of ₹1,803 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹1,865 crore) it is 49.7.
Persistent Systems' debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹8,589 crore. A year earlier, on 30 September 2025, it was 0.00.
Persistent Systems' net worth — shareholders' equity in its consolidated balance sheet — was ₹8,589 crore on 30 September 2026, up 20.2% from ₹7,147 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹92,757 crore at the 29 October 2026 close.
Persistent Systems' price-to-book (PB) ratio is 10.80 at the 29 October 2026 close: a market capitalisation of ₹92,757 crore divided by shareholders' equity (book value) of ₹8,589 crore on 30 September 2026. That is a book value of ₹544.50 per share against a share price of ₹5,880.00.
In FY26, Persistent Systems' return on equity (ROE) was 26.4% and its return on capital employed (ROCE) was 31.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 24.8% and ROCE 29.7%.
Persistent Systems' book value per share was ₹544.50 on 30 September 2026: shareholders' equity of ₹8,589 crore divided by the 15.78 crore shares in issue, up 19.1% from ₹457.00 a year earlier. The share price at the 29 October 2026 close was ₹5,880.00.
Persistent Systems' market capitalisation was ₹92,757 crore at the 29 October 2026 close: 15.78 crore shares at ₹5,880.00 each.
Yes. Persistent Systems had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹2,359 crore of cash, bank balances and current investments.
Persistent Systems' basic earnings per share (EPS) were ₹119.74 in FY26, against ₹91.22 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹115.28.
Persistent Systems' dividend yield is 0.68% at the 29 October 2026 close: dividends of ₹40 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹5,880.00. They were ₹18 on 27 July 2026 and ₹22 on 27 January 2026 (interim).
Promoters held 30.29% of Persistent Systems on 30 September 2026, unchanged from the previous quarter and down 0.27 percentage points from 30.56% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Persistent Systems generated ₹1,767 crore of cash from operations and spent ₹13.4 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹1,754 crore. In FY25 it was ₹724 crore.
In 2026, Persistent Systems has declared two dividends totalling ₹40 a share: ₹22 (interim) with record date 27 January 2026 and ₹18 with record date 27 July 2026.
Persistent Systems' latest results are for Q2 FY27 (July–September 2026): consolidated net profit ₹352 crore, down 25.4% from ₹471 crore in Q2 FY26; revenue from operations ₹4,664 crore, up 30.3% year on year.
Persistent Systems has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On 30 September 2026, Persistent Systems' shares were held by promoters 30.29%, foreign portfolio investors (FII/FPI) 20.79%, domestic institutions (DII) 31.96% (including mutual funds at 21.79%) and retail and other non-institutional investors 16.40%. Over the year, FII holding was down 0.44 percentage points from 21.23% and DII holding was up 1.36 percentage points from 30.60%.
In FY26 (April 2025–March 2026), Persistent Systems' consolidated net profit was ₹1,865 crore, up 33.2% from ₹1,400 crore in FY25, on revenue from operations of ₹14,748 crore (up 23.5%). Over three years, from FY23, net profit was up 102.5%.
In FY26, Persistent Systems earned net profit of ₹1,865 crore on revenue of ₹14,748 crore, against ₹1,863 crore on ₹15,880 crore for MphasiS. Persistent Systems' operating margin was 16.2% (MphasiS 15.3%) and its return on equity 26.4% (MphasiS 18.3%).
On FY26 consolidated figures, against MphasiS, Coforge and Oracle Financial Services Software: Persistent Systems' operating margin of 16.2% is the second highest of the four (MphasiS 15.3%, Coforge 13.7%, Oracle Financial Services Software 44.5%; peer average 24.5%); its return on equity of 26.4% is the second highest of the four (MphasiS 18.3%, Coforge 19.7%, Oracle Financial Services Software 32.6%; peer average 23.5%); its revenue growth over three years of 20.9% a year is the second highest of the four (MphasiS 4.8% a year, Coforge 27.0% a year, Oracle Financial Services Software 10.4% a year; peer average 14.1% a year).
From Persistent Systems' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.