financial summary of Persistent Systems Ltd

• Market capitalization is approximately ₹78,880 crore. • Return on Equity (ROE) is around 22.16 percent. • Price-to-Earnings (P/E) ratio is 51.94. • Earnings Per Share (EPS) is ₹97.10. • Price-to-Book (P/B) ratio stands at 12.48. • Dividend yield is 0.69 percent. • Debt-to-equity ratio is low at 0.05, indicating minimal leverage. • For Q1 FY26, consolidated revenue was ₹3,333.6 crore, up 21.8 percent YoY and 2.8 percent QoQ. • In USD terms, revenue grew 18.8 percent to $389.7 million. • EBIT was ₹517.8 crore, up 34.8 percent YoY with a margin of 15.5 percent. • Profit Before Tax was ₹555.4 crore, up 38.7 percent YoY and 9.9 percent QoQ. • Net Profit was ₹424.9 crore, up 38.7 percent YoY and 7.4 percent QoQ. • Order bookings in Q1 FY26 included TCV of $520.8 million and ACV of $385.3 million. • Total income for the quarter was ₹3,388.2 crore and total expenses ₹2,832.8 crore. • PAT for the quarter was ₹424.9 crore with EPS of ₹27.20. • Operating margin was stable around 15.5 percent, while net margin improved YoY. • Despite strong financials, the stock declined around 7 percent post-results. • Analysts had mixed views post-Q1: some rated it Hold with targets around ₹5,350, while others maintained Buy with targets up to ₹6,800. • Persistent underperformed sequentially but outpaced many large-cap IT peers in YoY growth. • Analysts raised concerns on high valuation and modest QoQ momentum. • The company reaffirmed its target of reaching $2 billion revenue by FY27. • Mid-tier IT firms, including Persistent, gained from strong deal wins and AI-led efficiencies in Q1.