Persistent FY26 revenue hits $1.65bn, EBIT 15.6%

What Persistent Systems reported for FY26

Persistent Systems reported FY26 revenue of $1,654.4 million, with 17.4% year-on-year growth and an EBIT margin of 15.6%. The update puts focus back on execution and profitability in an environment where valuations for midcap IT remain sensitive to quarterly delivery and guidance. Persistent Systems Limited (INE262H01021) is listed and shown as actively traded, with listing date 06-Apr-2010. The company is part of the NIFTY MIDCAP 50 index and classified under Computers - Software & Consulting. It operates across Banking, Financial Services and Insurance (BFSI), Healthcare and Life Sciences, and Technology Companies and Emerging Verticals. The company is headquartered in Pune, Maharashtra, and was founded in 1990.

Stock snapshot: sharp move captured in the data

The provided market snapshot shows PERSISTENT at ₹4,327.00, down ₹514.50 (-10.63%), as of 29-Jun-2026 14:25:02 IST. Another price reference indicates ₹4,930 with a 1.86% move on 24 Jun (4:01 p.m.), highlighting how quickly the stock can swing in short windows. The 52-week range is shown as ₹4,148.95 to ₹6,599.00, and another dataset references High / Low ₹6,599 / ₹4,449. Such ranges matter for investor positioning because the stock has traded meaningfully away from its highs. The stock’s beta is 0.17, suggesting relatively low sensitivity versus broader market moves in the referenced dataset. The RSI is 49.03, a mid-range reading that does not indicate an extreme.

Valuation and trading metrics investors watch closely

The data shows Symbol P/E at 40.95 and Adjusted P/E at 39.53. A separate market metrics table lists PE Ratio 44.52 and Forward PE 33.95, reflecting differences across sources and snapshots. Dividend information is also present, with Dividend 37.00 (0.75%) and an Ex-Dividend Date of Jan 27, 2026. Volume is shown as 97,350, compared with Average Volume 797,006, pointing to day-to-day trading variability. The stock’s Day’s Range is listed as ₹4,851.10 to ₹4,972.50 in one snapshot, with a Previous Close of ₹4,928.80 and Open of ₹4,880.00.

Business model and operating segments

Persistent Systems provides software products, services, and technology solutions in India, North America, and internationally. The company highlights software engineering and strategy services aimed at modernisation and implementation programs. It also mentions having its own software and frameworks with pre-built integration and acceleration. Partnerships referenced include Salesforce and AWS. In terms of solution areas, the company lists Digital Engineering offerings across product and platform engineering, CX and design-led transformation, cloud-enabled enterprise modernisation, data and artificial intelligence, and intelligent automation.

Financial context: reported revenue and profit figures

Multiple financial figures are present across the supplied text. A market metrics table lists Revenue (ttm) at ₹139.35 billion with +23.5%, and Net Income at ₹17.32 billion with +31.2%. The same table shows EPS 110.70 (+29.8%) and Shares Out 149.25 million.

Separately, an FY2025 statement says revenue was ₹119.39 billion, up 21.56% from ₹98.22 billion in the previous year, while earnings were ₹14.00 billion, up 28.05%. Another company profile block reports (financials as of 31 March 2026) Revenue of ₹147.48 billion (shown as ₹14,748 crore) and also provides a USD equivalent as US$1.5 billion (2026). The same block reports Operating income of ₹23.03 billion (₹2,303 crore) and Net income of ₹18.65 billion (₹1,865 crore), with headcount 23,941 (December 2024).

Governance and disclosures: AGM voting report reference

The text includes a disclosure dated July 22, 2025 relating to the 35th Annual General Meeting (AGM). It states the company received a consolidated report on remote e-voting, e-voting conducted during the AGM, and physical ballot voting from the scrutiniser M/s. GSD & Associates, Company Secretaries. Based on that report, it states that the resolutions placed before the 35th AGM were passed and approved with the requisite majority. While not a market-moving metric on its own, such disclosures are part of routine governance documentation that long-term investors monitor.

Analyst note in the text: order book and targets

An analyst-style note included in the data describes quarterly constant-currency revenue growth of 3.4% q/q to $136 million and cites a healthy order book, with LTM TCV up 14.4% y/y. It also mentions an ambition of achieving a $1 billion exit revenue run-rate by FY27 (versus $1.74 billion exit in Q4FY26, with an implied CQGR of 3.5%) and a $1 billion aspiration by FY31. The same note states a BUY rating and a target price of ₹6,461, and references valuation multiples of 34.9x/29.4x FY27/28e P/E. It also shows a Share Price: ₹5,330 within that note, which differs from other price snapshots in the dataset.

Key numbers at a glance

Why this FY26 update matters for investors

FY26 numbers such as revenue growth and EBIT margin directly shape how the market prices execution quality in IT services and digital engineering businesses. The dataset shows the stock trading at P/E levels around the low-40s depending on the snapshot, which makes delivery on growth and margin important for sustaining valuations. The mix of reported revenue figures across FY25, TTM, and the FY26 headline indicates the company has been operating at a larger scale versus prior years, while profitability metrics like EBIT margin remain a key watch item. The presence of order book and TCV growth figures in the analyst note suggests investors are also tracking forward demand indicators alongside reported financials. Going ahead, the next formal datapoints referenced in the text include the earnings date of Apr 23, 2026 in the market table, and any subsequent company filings that update performance metrics and outlook.