Overall Fundamental outlook

Business Operations:

Sector: Technology
Industry: Information Technology Services

Persistent Systems Limited provides software products, services, and technology solutions in India, North America, and internationally. It operates through Banking, Financial Services and Insurance; Healthcare & Life Sciences; and Software, Hi-Tech and Emerging Industries segments. The company provides Persistent GenAI Hub, a generative artificial intelligence (AI) solution; consulting services for business strategy and transformation; software engineering services to architect, design, develop, and manage software product lifecycle; and CX transformation solutions, such as CX strategy, Salesforce cloud implementation, CX platform integration, customer analytics and insights, Salesforce industry solutions and accelerators. It also offers hybrid and multi-cloud transformation, data center modernization, cloud advisory, service management, service desk, digital workplace, and management and sustenance services, as well as CloudOps, a multi-cloud intelligent operations framework; business process management, robotic process automation, low code application development, and conversational AI solutions; and application modernization, maintenance and support, and portfolio rationalization, as well as application and platform development solutions. In addition, the company enterprise IT security solutions comprising managed security, security assurance and data security, and identity access management, as well as governance, risk, and compliance services; data and analytics advisory, data stack modernization, data science and machine learning, data connectors and certification, and data strategy and governance services; and enterprise integration strategy and advisory, API-led and managed integration, and migration services. It serves customers in the banking, financial services, insurance, healthcare, life sciences, consumer tech, industrial, software and hi-tech, and telecom and media sectors. The company was incorporated in 1990 and is based in Pune, India.

Revenue projections:

Revenue projections for PERSISTENT
Revenue projections for PERSISTENT

PERSISTENT is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.

Financial Ratios:

currentRatio 2.445000
forwardPE 36.899155
debtToEquity 4.872000
earningsGrowth 0.368000
revenueGrowth 0.218000
grossMargins 0.285100
operatingMargins 0.155330
trailingEps 97.600000
forwardEps 55.250000

Persistent Systems Limited's current ratio, being 2.445, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, Persistent Systems Limited is well-equipped to meet its immediate financial obligations without any difficulties.
PERSISTENT's positive earnings and revenue growth indicate that the company is well-positioned for business expansion. This growth suggests a strong financial trajectory, with PERSISTENT expected to continue increasing its profits and revenue in the coming periods.
With forward EPS less than trailing EPS, PERSISTENT is expected to see reduced earnings. This suggests the company may face profitability challenges in the current financial year compared to the previous one.

Price projections:

Price projections for PERSISTENT
Price projections for PERSISTENT

Over time, PERSISTENT's price projections have been revised higher, signaling growing confidence in the company's future. This upward trend suggests analysts anticipate strong performance and increased market value for PERSISTENT.

Recommendation changes over time:

Recommendations trend for PERSISTENT
Recommendations trend for PERSISTENT


Persistent Systems Limited has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view Persistent Systems Limited as a reliable choice for their money, offering a promising avenue for future growth and financial gains.