Persistent Systems Limited Share Price and Company Fundamentals



Price
₹3325.3
Change
71.350 (2.193%)
52 week
2725.05 - 4987.5

Last traded: Today at 4:35 AM

Persistent Systems Limited provides software products, services, and technology solutions. The company operates through three segments: Banking, Financial Services and Insurance (BFSI), Healthcare & Life Sciences, and Technology Companies and Emerging Technologies. It provides payments, cloud and infrastructure, intelligent automation, data governance and security, persistent digital bank and credit union solution, loan origination, data and analytics, operations automation, and regulatory compliance management services in banking sector; CX transformation for insurance, intelligent automation, and integrated wellness and care solution for insurances; persistent digital front door, revenue cycle optimization, healthcare interoperability, and population health management services for healthcare sector; instrument and medical devices; IBM engineering lifecycle management solutions, dassault 3D experience platforms, and engineering managed services for various industries; product and platform engineering services for software and Hi-Tech industries; and network assurance and performance management, and 5G AI operations and automation for telecom and media sector. It has operations in India, South Africa, Japan, Israel, Malaysia, Singapore, Sri Lanka, Australia, England, France, Germany, Ireland, the Netherlands, Switzerland, Canada, Mexico, and the United States. The company was incorporated in 1990 and is based in Pune, India.

Key Metrics

PE ratio

36.08

PB ratio

7.39

Dividend yield

0.95%

Beta

0.91

Market cap

-

Enterprise value

-

Company profile

Industry / SectorInformation Technology Services / Technology
Websitehttps://www.persistent.com
Mailing addressBhageerath 402, Senapati Bapat Road Pune 411016 India
Phone / Fax91 20 6746 2084 / 91 20 6703 0008

Dividends

Dividend yield

0.95%

Dividend amount

₹31.00

Payout ratio

28.78%

5Y Avg. yield

1.27%

Persistent Systems Limited paid ₹31.00 dividend and the ex-dividend date was 11 July 2022.The dividend payout ratio is 28.78%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.PERSISTENT dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

PERSISTENT's forward dividend amount is ₹31 and the forward dividend yield is 0.94%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Persistent Systems Limited.

NameTitleAgeTotal Pay
Dr. Anand Suresh Deshpande Ph.D.Founder, Chairman & MD5931.94M
Mr. Sandeep Kumar KalraCEO, Pres & Exec. Director50468.68M
Mr. Sunil SapreCFO & Exec. Director5790.21M
Mr. Sameer BendreChief of Operations47.58M
Dr. Pandurang KamatChief Technology Officer28.23M
Dr. R. Venkateswaran Ph.D.Chief Information Officer5344.09M
Mr. Amit Murari AtreCompany Sec. & Compliance Officer
Mr. Mukesh AgarwalChief Planning Officer4744.43M
Mr. Siddhosh BhobeGroup Delivery Head of Product Engg Services & Center Head of Pune63.11M
Peeyoosh PandeySr. VP4529.1M

Profitability and management effectiveness

Profit margin

12.09%

Operating margin

14.25%

Return on assets

11.20%

Return on equity

22.40%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Persistent Systems Limited is and its enterprise value is .

The PERSISTENT's stocks Beta value is 0.91 making it 9% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Persistent Systems Limited (NSE:PERSISTENT) Frequently Asked Questions

1. What is Persistent Systems Limited's Stock Symbol?

Persistent Systems Limited trades on NSE under the ticker symbol "PERSISTENT".

2. What is Persistent Systems Limited's stock price today?

One share of PERSISTENT stock can currently be purchased for approximately ₹3325.3.

3. How can I contact Persistent Systems Limited?

Persistent Systems Limited's mailing address is Bhageerath 402, Senapati Bapat Road Pune 411016 India. The company can be reached via phone at 91 20 6746 2084.

4. What is Persistent Systems Limited's official website?

The official website of Persistent Systems Limited is https://www.persistent.com.