Persistent Systems share price today

Persistent Systems Ltd's share price was ₹6,097.00 at the close on 3 November 2026. It has been rising for 8 weeks. That is 12.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹4,330 and ₹6,521, and at that close it sat 81% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Persistent Systems Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 16 weeks in a row.

Over the last 11 years the share price moved +1,934% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: profit fell in the September 2026 quarter, revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) and lowest operating margin in 16 quarters.

1. Profit fell in the September 2026 quarter

   Profit was ₹352 crore, -25.3% on a year earlier (₹471 crore), after 11 quarters of growth.

   Why: Profit fell because the company booked costs tied to buying Nagarro.

   Next results: check whether Nagarro deal costs keep hitting profit, since management expects them over the next few quarters.

   From the earnings call on 15 Oct 2026.

2. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹4,664 crore, +30.2% on a year earlier.

   Why: Revenue rose because software and hi-tech work grew strongly, helped by a large software company contract.

   Next results: check whether slipped deals close, since management blamed slower decisions on economic and Middle East issues.

   From the earnings call on 15 Oct 2026.

3. Lowest operating margin in 16 quarters

   Operating margin was 14% in the September 2026 quarter, against 19% a year earlier.

   Why: Margin fell because pay rises added to costs.

   Next results: check whether the cost of third-party tools on the big deal eases, since management expects it to last a few more quarters.

   From the earnings call on 15 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Persistent Systems reported revenue of ₹4,664 crore, up 30.2% from ₹3,581 crore a year earlier, and a profit of ₹352 crore, down 25.3% from ₹471 crore.

Persistent Systems results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Persistent Systems' management discussed these results on a call held on 15 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Persistent Systems closed at ₹6,097.00 on 3 November 2026, up 3.0% from ₹5,916.60 a year earlier (31 October 2025) and up 201.1% over five years. Its highest weekly close since March 2016 was ₹6,520.50 on 5 December 2025.

Persistent Systems share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 3 November 2026.

3 Nov 2026: Persistent Systems closed at ₹6,097.00, up 6.5% on the week and up 13.6% on the month. 15 Oct 2026: Persistent Systems held its results call for July to September 2026. Management guided: Nagarro closing expected in Q4 CY26 or Q1 CY27.

Earlier

• Results for July to September 2026: Revenue up 30.2% and profit down 25.3% on a year earlier.
• 27 Jul 2026: ex-date for a dividend of ₹18 a share.
• 27 Jan 2026: ex-date for an interim dividend of ₹22 a share.
• 28 Mar 2024: Share split: face value cut from ₹10 to ₹5 a share (ex-date).

Persistent Systems paid ₹40 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 0.66% at the ₹6,097.00 close on 3 November 2026. The last was a dividend of ₹18 a share, ex-date 27 July 2026.

Persistent Systems dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Persistent Systems Ltd paid out 34% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 4 November 2026.

On the call for July to September 2026, held on 15 October 2026, Persistent Systems' management guided: Nagarro closing expected in Q4 CY26 or Q1 CY27.

“No. What we have announced is at the lower end of the range, and it could be higher on the upside.”Sandeep Kalra, on the call for July to September 2026

What management guided

• Raise US$1.25 billion through debt and equity, including US$450 million through equity or equity-linked instruments.
• Transaction expenses of approximately US$50 million over 3-4 quarters.
• Persistent acquisition debt cost expected at 5%-6% net when raised.
• EBIT margin aspiration of 16%-17%; large-deal amortization expected to persist for 2-3 quarters before easing.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 15 October 2026.

When Persistent Systems reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Outstanding FDI and RBI approvals and Nagarro settlement progress against the stated closing window.

Persistent Systems is on 3 of our India lists: Momentum stocks, Small & mid cap stocks and IT stocks.

Persistent Systems Ltd earned ₹352 Cr of net profit in the Sep 2026 quarter, −25.3% on the same quarter a year earlier. Full-year FY26 profit was ₹1,865 Cr. Over 10 years profit has grown 21.0% a year on average. That is 7.5% of the quarter's revenue. The same quarter a year earlier earned ₹471 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹1,865 Cr (+33.2% on the year before).

Why profit moved: revenue changed +30.2% on a year earlier and the margin moved −5.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +9.9% and revenue +26.9%. Profit is growing slower than sales: rising costs are taking part of the growth.

Persistent Systems Ltd reported ₹4,664 Cr of revenue in the Sep 2026 quarter, +30.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 20.4% a year on average. The last full year, FY26, came in at ₹14,748 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹16,801 Cr.

FY26 revenue was ₹14,748 Cr, +23.5% on the year before.

Recent pace: the last four quarters grew +26.9% on average, against 20.4% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +27.1%, against +25.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +8.3%, against +21.0% a year (rolling over).

Persistent Systems Ltd's operating margin was 14.0% in the Sep 2026 quarter, 5.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 14.0% and 25.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −5.5 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 97% of Persistent Systems Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,767 Cr of operating cash against ₹1,865 Cr of profit. After ₹679 Cr of spending on assets, ₹1,088 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 97% of profit came in as cash: the cash cycle got 33 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 1.5× depreciation over three years. The next section checks what that spending is building.

Persistent Systems Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 83 days in FY26, up from 50 days in FY21. It spent ₹1,556 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹14,748 Cr, each day of that cycle ties up about ₹40.4 Cr, so roughly ₹3,354 Cr is tied up in the business at any time.

Spending on assets: ₹1,556 Cr over the last 3 years, against ₹1,019 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹38.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Persistent Systems Ltd's P/E is 54.0×, near the high end of its own history: higher than 80% of past readings. Its usual P/E (the middle reading) is 36.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹114.31.