Persistent Systems FY26: $1,654.4m revenue, AGM on Aug 3

Overview: FY26 performance and a vote-heavy AGM

Persistent Systems has outlined a busy set of corporate actions around its 36th Annual General Meeting (AGM), alongside an FY 2025-26 performance update. The company reported FY26 revenue of $1,654.4 million, reflecting 17.4% year-on-year growth, and an EBIT margin of 15.6%. In parallel, the board has recommended a final dividend of ₹18 per equity share, taking the total dividend for FY26 to ₹40 per share. The AGM is scheduled for August 3, 2026, where shareholders will vote on the final dividend and other resolutions.

FY26 headline numbers: revenue growth and margin

The annual update highlights three core FY26 metrics in one line: $1,654.4 million in revenue, 17.4% year-on-year growth, and a 15.6% EBIT margin. While the company also describes itself as a global services and solutions provider focused on AI-led, platform-driven digital engineering and enterprise modernization, the disclosed financial highlights are limited to these headline figures. The numbers frame the FY26 outcome and set the context for shareholder decisions on capital returns and strategic moves. These disclosures were referenced around the AGM-related communications and the FY 2025-26 annual reporting process.

Annual Report filing and SEBI compliance trail

Persistent Systems Limited submitted its Annual Report for FY 2025-26 to the National Stock Exchange of India Limited and BSE Limited on July 11, 2026. The submission was made in compliance with Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also uploaded the Annual Report and the AGM Notice on its website. Alongside the exchange filing, Persistent initiated electronic dispatch of the Annual Report and AGM Notice to members recorded in the Register of Members or the Register of Beneficial Owners as of June 26, 2026.

Dividend proposal: ₹18 final dividend and ₹40 total for FY26

The board recommended a final dividend of ₹18 per equity share, which would take the total dividend for FY26 to ₹40 per share. The AGM agenda includes shareholder confirmation of an interim dividend of ₹22 per share along with the final dividend of ₹18 per share. Persistent stated that the final dividend is subject to member approval at the 36th AGM. It also specified that if approved, the dividend will be distributed to members within 30 days following its declaration. The company’s communication ties the dividend to the financial year from April 1, 2025, to March 31, 2026.

Record date and key shareholder timelines

Persistent Systems set July 27, 2026, as the record date for determining eligibility for the final dividend. The same date is also referenced as the record date connected to its 36th AGM-related corporate action timeline. For shareholders, this record date determines who is eligible to receive the proposed final dividend of ₹18 per share, subject to approval. The company’s notices also requested members to follow the AGM Notice instructions to attend the meeting in person or via video conferencing and to cast votes electronically.

AGM schedule: hybrid meeting in Pune and online

The 36th Annual General Meeting is scheduled for Monday, August 3, 2026, at 1600 Hrs IST. The meeting will be held in a hybrid mode - in-person at Persistent Systems Limited, Dewang Mehta Auditorium, ‘Bhageerath’, 402 Senapati Bapat Road, Pune 411 016, and via Video Conferencing (VC) or other audio-visual means (OAVM). For VC participation, members can log in from 1545 Hrs IST onwards at https://www.evoting.nsdl.com/. Persistent also shared NSDL helpdesk contact details for VC-related support, including evoting@nsdl.com and the helpline number 022 - 4886 7000.

Remote e-voting window and event reference

Remote e-voting is scheduled to open at 0900 Hrs IST on Wednesday, July 29, 2026, and close at 1700 Hrs IST on Sunday, August 2, 2026. The company disclosed the e-voting Event Number (EVEN) as 139938. These details were part of the “AGM and e-voting information at a glance” section included in the notice materials. Persistent also stated it had published newspaper advertisements announcing the AGM and related book closure and remote e-voting arrangements. The notices appeared in Financial Express (all English editions) and Loksatta (Marathi, Pune edition).

Nagarro SE acquisition: €1.27 billion enterprise value

A central item for the AGM is shareholder approval for the proposed acquisition of Nagarro SE. Persistent stated it proposes to acquire 100% of the German-listed entity for an enterprise value of €1.27 billion through its wholly owned subsidiary, Galaxy Germany Holding SE. The AGM will address resolutions connected to the transaction, including financing and security arrangements. Persistent also held investor sessions on July 6, 2026, to reiterate details regarding its agreement to acquire Nagarro SE. The transaction is expected to close in Q4 of Calendar Year 2026 or early Q1 of Calendar Year 2027, as per the disclosed timeline.

Other deal update: Concise Systems OÜ

Separately, Persistent Systems disclosed that it has completed the acquisition of part of the business of Concise Systems OÜ, an Estonia-based entity. Beyond that completion statement, no additional financial details were provided in the shared text. The disclosure sits alongside the broader set of updates around strategy, acquisitions, and AGM approvals.

Share price references mentioned in the update

The provided information includes two separate price references. One line shows 4,829.90 with a change of +60.40 (+1.27%). Another section states that as of July 10, 2026 at 3:30 PM, Persistent Systems share price on NSE closed at ₹5,053.90, up by 4.64% from the previous closing price. These price points were cited in the context of market attention around the record date and dividend timeline.

Key facts table

Why the AGM matters for shareholders

The AGM brings together three shareholder-sensitive decisions: adoption of audited financial statements for FY 2025-26, dividend confirmation and approval, and voting on strategic resolutions linked to the proposed Nagarro SE acquisition. The meeting structure and timelines also reflect a strong operational focus on shareholder participation, including hybrid attendance and a defined remote e-voting window. The company’s disclosures emphasise process compliance, including exchange filings, website uploads, and newspaper notices aligned with SEBI listing requirements. For investors, the calendar is clear: record date on July 27, 2026, and the vote on August 3, 2026.

Conclusion: set dates, defined resolutions, and a stated close timeline

Persistent Systems has paired FY26 headline performance of $1,654.4 million revenue, 17.4% growth, and 15.6% EBIT margin with a structured AGM agenda. Shareholders are scheduled to vote on the ₹18 final dividend, taking the FY26 total to ₹40 per share, and on resolutions related to the proposed €1.27 billion Nagarro SE acquisition. The company has also disclosed remote e-voting dates, the hybrid meeting venue and access route, and a closing window for the transaction targeted for Q4 CY2026 or early Q1 CY2027.