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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Persistent Systems Limited is a holding company, which is engaged in the business of providing software products, services and technology innovation. Its segments include Banking, Financial Services, and Insurance (BFSI), Healthcare & Life Sciences, and Software, Hi-Tech, and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business, fairly priced.
Persistent Systems is scored on the it / services framework. It keeps a healthy 12.5% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 0.95×). Free cash flow is worth about 1.1% of its market value.
Over the last 3 years revenue compounded at 21%/yr and profit at 27%/yr. Book value itself has compounded 26%/yr — the hallmark of a genuine compounder. Return on equity is an elite 21.0%. In the latest quarter profit fell 27% versus the prior quarter.
At 51× earnings, the stock sits at the 49th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price already implies ~23%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 55.61 | 58.63 | better |
| P/B | 7.8 | 7.84 | better |
| EV/EBITDA | 34.4 | 62.5 | better |
| ROE | 20.99 | 5.36 | better |
| ROCE | 26.36 | 67.95 | worse |
| ROA | 13.84 | — | — |
| Quick Ratio | 2.43 | 11.28 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| TCS | 17.4 | 7.6 | 43.4% |
| Infosys | 15.6 | 5.1 | 31.0% |
| HCL Technologies | 21.3 | 5.1 | 24.1% |
Revenue has grown every year across all 4 financial years shown. 21% CAGR over 3 years — high-growth territory.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (27% vs 21%) — margin expansion is at work. The latest year saw a +33% swing — check if it's a one-off or structural.
Operating margins have been stable around 16% — no major structural shift.
ROE at 24% — the business earns well above its cost of equity. Low variance across years — a predictable business that earns steadily on its equity base.
Profit grew faster than EPS (27% vs -1%) — share dilution is eroding per-share value. -1% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 7% sequentially — momentum is building. Run-rate stepping up — recent quarters average 15% above earlier ones.
Profit fell 27% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (12% → 7%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold just 28.8% — widely held; sentiment-driven. Promoters reduced 1.5pp over 4 quarters — watch whether this is planned divestment or pledge invocations. Both FII and MF added last quarter — broad institutional confidence.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.