Persistent Systems Ltd Share Price ₹4,811

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Persistent Systems Ltd

Quarter-by-quarter operating performance

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales +	2,254	2,321	2,412	2,498	2,591	2,737	2,897	3,062	3,242	3,334	3,581	3,778	4,056
Expenses +	1,838	1,947	2,007	2,056	2,136	2,282	2,416	2,524	2,658	2,722	2,898	3,045	3,288
Operating Profit	416	374	405	442	454	455	481	538	584	612	683	733	768
OPM %	18%	16%	17%	18%	18%	17%	17%	18%	18%	18%	19%	19%	19%
Other Income +	9	22	37	38	31	31	47	43	18	55	52	-49	33
Interest	15	13	12	12	10	14	18	16	18	17	18	19	19
Depreciation	70	76	74	79	80	71	74	82	79	94	100	101	109
Profit before tax	341	307	356	389	395	401	435	482	505	555	617	565	674
Tax %	26%	25%	26%	26%	20%	24%	25%	23%	22%	23%	24%	22%	21%
Net Profit +	252	229	263	286	315	306	325	373	396	425	471	439	529
EPS in Rs	16.45	14.86	17.11	18.59	20.47	19.89	21.02	24.12	25.59	27.17	30.15	27.86	33.55

Financials of Persistent Systems Ltd

Annual income statement trend

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales +	1,891	2,312	2,878	3,034	3,366	3,566	4,188	5,711	8,351	9,822	11,939	14,748
Expenses +	1,501	1,921	2,413	2,565	2,810	3,073	3,505	4,753	6,831	8,146	9,881	11,953
Operating Profit	390	392	465	469	556	493	683	958	1,519	1,676	2,058	2,795
OPM %	21%	17%	16%	15%	17%	14%	16%	17%	18%	17%	17%	19%
Other Income +	94	77	84	119	88	132	108	144	41	128	138	91
Interest	0	0	0	0	0	6	6	12	47	47	67	73
Depreciation	94	99	149	158	157	166	176	166	272	309	307	403
Profit before tax	390	370	401	429	486	452	609	924	1,241	1,448	1,822	2,411
Tax %	25%	25%	25%	25%	28%	25%	26%	25%	26%	24%	23%	23%
Net Profit +	291	277	301	323	352	340	451	690	921	1,093	1,400	1,865
EPS in Rs	18.16	17.33	18.84	20.19	21.98	22.26	29.48	45.15	60.24	70.98	90.54	118.23
Dividend Payout %	41%	23%	24%	25%	25%	27%	34%	34%	41%	37%	39%	34%

Financials of Persistent Systems Ltd

Capital structure and asset base

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	80	80	80	80	79	76	76	76	76	77	78	79
Reserves	1,326	1,578	1,819	2,047	2,266	2,309	2,719	3,292	3,889	4,881	6,241	7,759
Borrowings +	4	3	3	2	2	71	98	578	655	451	311	477
Other Liabilities +	365	459	433	514	509	635	771	1,473	1,999	1,997	2,092	3,061
Total Liabilities	1,775	2,120	2,335	2,644	2,856	3,092	3,666	5,419	6,619	7,405	8,722	11,377
Fixed Assets +	408	437	536	512	401	432	457	1,534	2,341	2,221	2,541	2,883
CWIP	4	27	29	5	32	30	12	107	16	34	77	11
Investments	674	638	684	880	764	979	1,000	822	640	827	980	1,615
Other Assets +	689	1,018	1,086	1,247	1,659	1,652	2,197	2,956	3,622	4,324	5,123	6,868
Total Assets	1,775	2,120	2,335	2,644	2,856	3,092	3,666	5,419	6,619	7,405	8,722	11,377

Financials of Persistent Systems Ltd

Operating, investing and financing cash movement

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	312	254	286	421	432	352	736	845	956	1,302	1,157	1,767
Cash from Investing Activity +	-230	-86	-222	-337	-233	-6	-540	-971	-383	-525	-517	-610
Cash from Financing Activity +	-66	-127	-58	-96	-160	-329	-144	182	-404	-582	-628	-748
Net Cash Flow	16	41	6	-12	39	16	52	56	169	196	12	409
Free Cash Flow	216	89	70	356	395	277	611	464	524	947	964	1,572
CFO/OP	105%	91%	84%	116%	103%	98%	131%	113%	85%	98%	81%	86%

Financials of Persistent Systems Ltd

Working capital efficiency and return ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	69	67	60	58	53	61	50	61	69	62	56	53
Inventory Days
Days Payable
Cash Conversion Cycle	69	67	60	58	53	61	50	61	69	62	56	53
Working Capital Days	29	40	49	53	43	37	25	4	20	24	47	73
ROCE %	29%	23%	23%	20%	20%	18%	21%	26%	30%	29%	30%	34%