PERSISTENT

Persistent Systems Share PricePersistent Systems

₹6,464.5
155.65 (2.47%)
  • Advice
  • Hold
As on 11 December, 2023 | 02:25 BSE: 533179 NSE: PERSISTENTISIN: INE262H01013

Persistent Systems Performance

Day Range

  • Low 6,314.35
  • High 6,536.00
₹ 6,464.5

52 Week Range

  • Low 3,784.05
  • High 6,624.65
₹ 6,464.5
  • Open Price6,350.00
  • Previous Close6,308.85
  • Volume511246

Start SIP in Persistent Systems

Start SIP

Persistent Systems Share Price

  • Over 1 Month 2.8%
  • Over 3 Month 8.26%
  • Over 6 Month 31.23%
  • Over 1 Year 57.59%

Persistent Systems Key Statistics

P/E Ratio 50.7
PEG Ratio 2.4
Market Cap Cr 49,728
Price to Book Ratio 12.5
EPS 104.3
Dividend 0.8
Relative Strength Index 59.55
Money Flow Index 23.23
MACD Signal 100.48
Average True Range 151.77

Persistent Systems Investment Rating

  • Master Rating:
  • Persistent Systems has an operating revenue of Rs. 9,156.68 Cr. on a trailing 12-month basis. An annual revenue growth of 44% is outstanding, Pre-tax margin of 15% is great, ROE of 23% is exceptional. The company has a reasonable debt to equity of 5%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 23% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 7% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 64 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 127 indicates it belongs to a poor industry group of Computer-Tech Services and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Persistent Systems Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 1,6691,5451,4831,3071,2251,1021,035
Operating Expenses Qtr Cr 1,2961,2071,1071,026966864788
Operating Profit Qtr Cr 373338376281259238248
Depreciation Qtr Cr 40393934332826
Interest Qtr Cr 4454322
Tax Qtr Cr 91798659585665
Net Profit Qtr Cr 298244258183175175194
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 5,1913,708
Operating Expenses Annual Cr 3,9642,705
Operating Profit Annual in Cr 1,154870
Depreciation Cr 13484
Interest Annual Cr 137
Tax Annual Cr 259226
Net Profit Annual Cr 791686
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 520586
Cash from Investing Activity Annual Cr -110-393
Cash from Financing Annual Activity Cr -346-223
Net Cash Flow Annual Cr 64-30
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3,9423,319
Fixed Assets Annual Cr 704526
Total Non Current Assets Annual Cr 2,4131,899
Total Current Assets Annual Cr 2,4862,046
Total Assets Annual Cr 4,8993,944
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 516434
ROE Annual % 2021
ROCE Annual % 2727
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2428
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,4122,3212,2542,1692,0491,8781,638
Operating Expenses Qtr Cr 2,0071,9471,8381,7681,6811,5451,357
Operating Profit Qtr Cr 405374416402368333281
Depreciation Qtr Cr 74767068696551
Interest Qtr Cr 121315141185
Tax Qtr Cr 92788985767066
Net Profit Qtr Cr 263229252238220212201
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 8,4215,855
Operating Expenses Annual Cr 6,8314,753
Operating Profit Annual in Cr 1,519958
Depreciation Cr 272166
Interest Annual Cr 4712
Tax Annual Cr 320234
Net Profit Annual Cr 921690
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 956845
Cash from Investing Activity Annual Cr -421-977
Cash from Financing Annual Activity Cr -404182
Net Cash Flow Annual Cr 13150
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3,9653,368
Fixed Assets Annual Cr 1,6391,362
Total Non Current Assets Annual Cr 3,1012,580
Total Current Assets Annual Cr 3,5182,834
Total Assets Annual Cr 6,6195,414
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 519441
ROE Annual % 2320
ROCE Annual % 2823
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1919

Persistent Systems Technicals

EMA & SMA

Current Price
₹6,464.5
155.65 (2.47%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹6,348.79
  • 50 Day
  • ₹6,126.77
  • 100 Day
  • ₹5,789.40
  • 200 Day
  • ₹5,323.50
  • 20 Day
  • ₹6,381.34
  • 50 Day
  • ₹6,103.78
  • 100 Day
  • ₹5,669.55
  • 200 Day
  • ₹5,215.85

Persistent Systems Resistance and Support

PIVOT
₹6,438.29
Resistance
First Resistance 6,562.22
Second Resistance 6,659.93
Third Resistance 6,783.87
RSI 59.55
MFI 23.23
MACD Single Line 100.48
MACD 77.20
Support
First Resistance 6,340.57
Second Resistance 6,216.63
Third Resistance 6,118.92

Persistent Systems Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 521,527 16,887,044 32.38
Week 346,016 15,913,294 45.99
1 Month 718,852 35,813,211 49.82
6 Month 449,221 19,154,773 42.64

Persistent Systems Result Highlights

Persistent Systems Synopsis

NSE-Computer-Tech Services

Persistent Systems is involved in the business activities of Computer programming, consultancy and related activities. Company’s Total Operating Revenue is Rs. 5117.55 Cr. and Equity Capital is Rs. 76.43 Cr. for the Year ended 31/03/2023. Persistent Systems Ltd. is a Public Limited Listed company incorporated on 30/05/1990 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L72300PN1990PLC056696 and registration number is 056696.
Market Cap 49,728
Sales 6,005
Shares in Float 5.31
No of funds 416
Yield 0.62
Book Value 12.53
U/D Vol ratio 0.6
LTDebt / Equity
Alpha 0.15
Beta 0.98

Persistent Systems

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 31.06%31.06%31.26%31.26%
Mutual Funds 24.13%23.5%22.95%22.1%
Insurance Companies 3.92%3.74%3.88%3.29%
Foreign Portfolio Investors 21.34%20.5%20.55%20.29%
Financial Institutions/ Banks 0.06%0.1%
Individual Investors 13.92%14.76%15.13%16.51%
Others 5.57%6.34%6.23%6.55%

Persistent Systems Management

Name Designation
Dr. Anand Deshpande Chairman & Managing Director
Mr. Sandeep Kalra Executive Director & CEO
Mr. Sunil Sapre Executive Director & CFO
Ms. Roshini Bakshi Independent Director
Mr. Praveen Kadle Independent Director
Ms. Avani Davda Independent Director
Mr. Arvind Goel Independent Director
Dr. Ambuj Goyal Independent Director
Mr. Dan?l Lewin Independent Director
Dr. Ajit Ranade Independent Director

Persistent Systems Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Persistent Systems Corporate Action

Date Purpose Remarks
2023-10-18 Quarterly Results
2023-07-20 Quarterly Results
2023-04-24 Audited Results & Final Dividend
2023-01-18 Quarterly Results & Interim Dividend
2022-10-19 Quarterly Results
Date Purpose Remarks
2023-01-27 INTERIM Rs.28.00 per share(280%)Interim Dividend
2022-01-29 INTERIM Rs.20.00 per share(200%)Interim Dividend
2021-02-10 INTERIM Rs.14.00 per share(140%)Interim Dividend

Persistent Systems MF Shareholding

Name Amount(cr)
HDFC Mid-Cap Opportunities Fund Growth 47,846
Nippon India Small Cap Fund - Growth 41,019
Kotak Emerging Equity Scheme Growth 33,700
Axis ELSS Tax Saver Fund Growth 31,136
Kotak Equity Arbitrage Fund Growth 28,958

Persistent Systems FAQs

What is Share Price of Persistent Systems ?

Persistent Systems share price is ₹6,464 As on 11 December, 2023 | 02:11

What is the Market Cap of Persistent Systems ?

The Market Cap of Persistent Systems is ₹49728.2 Cr As on 11 December, 2023 | 02:11

What is the P/E ratio of Persistent Systems ?

The P/E ratio of Persistent Systems is 50.7 As on 11 December, 2023 | 02:11

What is the PB ratio of Persistent Systems ?

The PB ratio of Persistent Systems is 12.5 As on 11 December, 2023 | 02:11

Q2FY23