PERSISTENT
Persistent Systems Limited
NSELast Traded Price
₹5875
221 (3.91%)
Open
₹5677
High
₹5910
Low
₹5677
Prev Close
₹5654
Industry
Computers - Software & Consulting
Market Cap
92678.12 Cr
Filing History
Recent corporate announcements and filings for PERSISTENT
Business Update
Neutral
2026-08-26 20:07
- Concall Schedule
- Concall Date: September 1, 2026
- Concall Time: 11:30 AM IST
Business Update
Positive
2026-08-25 21:16
- Persistent Systems Limited received an 'Excellent' ESG rating for FY 2025-26 with a score of 71.
- The rating was voluntarily issued by M/s. ESG Risk Assessment & Insights Limited, a SEBI-registered Category-I ESG Rating Provider.
Business Update
Neutral
2026-08-24 19:06
- Persistent Systems Limited held an investor/analyst session with MFS International, Singapore on August 24, 2026.
- The company reiterated information from its earnings call for the quarter ended June 30, 2026 (Q1 FY27).
- No unpublished price-sensitive information was shared.
- A web-link to the Analyst Presentation and Fact Sheet - Q1 FY27 was provided.
Business Update
Neutral
2026-08-20 16:39
- Persistent Systems Limited held an investor/analyst session with Premji Invest on August 20, 2026.
- The company reiterated information from its Q1 FY27 earnings call, with no new price-sensitive information shared.
Business Update
Neutral
2026-08-18 19:33
- Outcome of investor/analyst session with Creagis on August 18, 2026.
- Information from Q1 FY27 earnings call (for quarter ended June 30, 2026) was reiterated.
- No unpublished price-sensitive information was shared.
- Weblink to Analyst Presentation and Fact Sheet - Q1 FY27 provided.
Business Update
Neutral
2026-08-17 19:08
- Investor/Analyst Sessions Scheduled
- Premji Invest: Thursday, August 20, 2026, 11:30 AM IST (Virtual One-on-One)
- MFS International, Singapore: Monday, August 24, 2026, 11:30 AM IST (Virtual One-on-One)
- No unpublished price-sensitive information will be shared; discussions will reiterate information from the Q1 FY27 earnings call.
Business Update
Neutral
2026-08-14 20:06
- Persistent Systems Limited held an investor/analyst session with Carnegie Fonder on August 14, 2026, at 6:30 PM IST.
- The company reiterated information previously shared during its earnings call for the quarter ended June 30, 2026 (Q1 FY27), and no unpublished price-sensitive information was shared.
Business Update
Neutral
2026-08-11 18:37
- Investor/Analyst Sessions Scheduled:
- Carnegie Fonder: Friday, August 14, 2026, 6:30 PM IST (Virtual, One-on-One).
- Creagis: Tuesday, August 18, 2026, 12:00 PM IST (Virtual, One-on-One).
- The company will reiterate information from the Q1 FY27 earnings call.
- No unpublished price-sensitive information will be shared.
Business Update
Positive
2026-08-06 18:32
- Persistent Systems, through its wholly-owned subsidiary, has published a Voluntary Public Takeover Offer for all outstanding shares of Nagarro SE.
- The cash offer is EUR 81.00 per Nagarro share, representing a ~140% premium over the closing price on June 25, 2026.
- The acceptance period runs from August 6, 2026, to September 17, 2026, with an additional acceptance period until October 6, 2026.
- The offer is supported by Nagarro's Management and Supervisory Board and requires a minimum acceptance threshold of 50% plus one share.
- The transaction is expected to close by the end of Q1 CY27, subject to regulatory approvals.
Business Update
Neutral
2026-08-05 20:18
- Persistent Systems Limited conducted a Non-Deal Roadshow on August 5, 2026.
- The company interacted in one-on-one sessions with investors including UTI Mutual Fund, Motilal Oswal Mutual Fund, Tata Mutual Fund, Axis Mutual Fund, Invesco Mutual Fund, and Mirae Mutual Fund.
- The company reiterated information from the earnings call for Q1 FY27 (June 30, 2026) and shared no additional information.
Governance
Positive
2026-08-05 00:12
- Announcement of voting results for the 36th Annual General Meeting (AGM) held on August 3, 2026.
- All resolutions placed before the members were passed with overwhelming majority.
- Resolutions include adoption of Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026.
- Approval for payment of Interim Dividend of INR 22 and Final Dividend of INR 18 per equity share, aggregating to INR 40 per equity share for FY2025-26.
Business Update
Neutral
2026-08-04 21:47
- Persistent Systems held a Non-Deal Roadshow on August 4, 2026.
- Interacted with investors including ICICI Prudential, Goldman Sachs, Mahindra Manulife, and Kotak Mutual Fund.
- The company reiterated information from its Q1 FY27 earnings call and presentation, with no additional details shared.
Business Update
Positive
2026-08-04 21:19
- Persistent Systems shareholders approved the proposed acquisition of Nagarro SE through its subsidiary, Galaxy Germany Holding SE, at the Annual General Meeting held on August 3, 2026.
- The approval also covers related financing arrangements and corporate guarantee, aiming to create a globally diversified AI-led digital engineering and enterprise modernization powerhouse.
Governance
Positive
2026-08-04 20:56
- Scrutinisers' Report for the 36th Annual General Meeting (AGM) held on August 3, 2026, confirms all resolutions were duly passed by the shareholders.
- Resolutions included the adoption of Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026.
- Shareholders approved a total dividend of INR 40 per equity share for FY2025-26 (Interim: INR 22, Final: INR 18).
- The reappointment of Dr. Anand Deshpande as Chairman and Managing Director, and four Independent Directors, was approved.
- The acquisition of Nagarro SE through Galaxy Germany Holding SE and related financial approvals were also passed.
Governance
Positive
2026-08-03 20:45
- The 36th Annual General Meeting (AGM) was held on August 3, 2026.
- Shareholders approved audited financial statements for FY 2025-26 and a total dividend of INR 40 per equity share.
- Reappointments of the Chairman & Managing Director and four Independent Directors were approved.
- The acquisition of Nagarro SE through a wholly-owned subsidiary and related financing were approved.
Financials
Neutral
2026-08-02 17:19
- The Board of Directors of Persistent Systems Limited approved the Audited Financial Statements for the quarter ended June 30, 2026, at its meeting held on August 2, 2026.
- Consolidated and Standalone financial results are available on the company's website.
Financials
Positive
2026-08-02 15:08
- Consolidated Revenue ₹4,303.2 Cr vs ₹3,333.3 Cr (▲29.1% YoY)
- EBIT ₹686.9 Cr vs ₹517.6 Cr (▲32.7% YoY)
- PAT ₹483.0 Cr vs ₹424.8 Cr (▲13.7% YoY)
- EBIT Margin 16.0% vs 15.5% (▲50bps)
Financials
Positive
2026-08-02 14:43
- Consolidated Revenue ₹4,303.23 Cr vs ₹3,333.59 Cr (▲29.08% YoY)
- EBITDA ₹696.90 Cr vs ₹611.59 Cr (▲13.95% YoY)
- PAT ₹483.04 Cr vs ₹424.94 Cr (▲13.67% YoY)
- EBITDA Margin 16.19% vs 18.35% (▼216bps)
- The Board approved the proposed acquisition of up to 100% of Nagarro SE, a global digital engineering and IT consulting company, at EUR 81 per share, to strengthen its European footprint and enhance scale.
Routine
Neutral
2026-07-30 22:48
New Filing detected. See link for details.
Routine
Neutral
2026-07-11 08:05
- Persistent Systems Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26.
- This submission is in compliance with SEBI (LODR) Regulations and the report is available on the company's website.
Financials
Positive
2026-07-11 07:53
- The Board has recommended a Final Dividend of INR 18 per Equity Share (face value INR 5 each) for the Financial Year 2025-26.
- The Record Date for the dividend and the 36th Annual General Meeting (AGM) is Monday, July 27, 2026.
- The 36th AGM is scheduled for Monday, August 3, 2026, where the dividend will be subject to approval.
Governance
Positive
2026-07-11 07:14
- The 36th Annual General Meeting (AGM) will be held on Monday, August 3, 2026, at 1600 Hrs (IST) in hybrid mode.
- Shareholders will consider and adopt financial statements for FY 2025-26.
- Approval is sought for a total dividend of INR 40 per equity share (Interim INR 22 + Final INR 18) for FY 2025-26.
- Reappointment of Chairman & Managing Director Dr. Anand Deshpande and four Independent Directors is proposed.
- Approval sought for the acquisition of Nagarro SE (up to ~EUR 1.05 Billion) and related financing arrangements (up to ~EUR 1.54 Billion).
Business Update
Negative
2026-07-07 22:08
CRITICAL RED FLAG DETECTED
- ICRA Limited has placed Persistent Systems Limited's (PSL) [ICRA]AA+ credit rating on 'Rating Watch with Negative Implications'.
- This action follows PSL's announcement of a proposed debt-funded acquisition of Nagarro SE.
- The acquisition is expected to materially increase PSL's consolidated leverage and weaken its financial risk profile in the medium term.
Business Update
Neutral
2026-07-06 19:47
- Persistent Systems Limited held investor/analyst sessions on July 6, 2026, with investors including GIC Pvt. Ltd., Capital Group, Nomura Asset Management, and others.
- The sessions reiterated information regarding the Persistent and Nagarro Business Combination Agreement.
- No unpublished price sensitive information or Q1FY27 financial results were shared.
Business Update
Positive
2026-07-03 12:14
- Acquisition of Nagarro announced for an enterprise value of €1.27 billion (€81 per share in cash), financed by €1.4 billion bridge financing. Expected to be Cash and Reported EPS accretive from Year 1 (excluding transaction expenses).
- Strategic rationale: expand European footprint, add complementary AI, ERP, and CX capabilities, diversify verticals, and achieve global scale (46,000+ team, $2.9B+ combined entity).
- Persistent also secured a new order worth approx. $650 million+ over 6.5 years ($125 million+ annually) from an existing global technology leader, accretive to revenue and margin from Q2 onwards.
Business Update
Neutral
2026-07-02 20:29
- Persistent Systems Limited has scheduled investor/analyst sessions for Monday, July 6, 2026.
- The sessions will be held in-person with various investors, including GIC Pvt. Ltd., Capital Group, Nomura Asset Management, Kotak Mahindra Asset Management, Templeton Emerging Markets, Whiteoak Capital, and a group session with firms like Balyasny Asset Management and Citadel Advisors.
- The purpose of these sessions is to reiterate information regarding the recent strategic announcement titled 'Persistent and Nagarro sign Business Combination Agreement'.
- No unpublished price sensitive information or Q1FY27 financial results will be shared during these sessions.
Business Update
Positive
2026-07-02 20:22
- Persistent Systems held investor/analyst sessions on July 2, 2026, with various investors including ICICI Prudential, Mirae Asset, Axis Mutual Fund, and others.
- The sessions reiterated information about the Business Combination Agreement to form the Persistent - Nagarro Group.
- No unpublished price sensitive information or Q1FY27 financial results were shared.
Business Update
Neutral
2026-07-01 23:32
- Concall Schedule
- Concall Date: July 2, 2026
- Concall Time: 8:00 AM IST
- Details: One-on-one (in-person) session with ICICI Prudential Mutual Fund to reiterate information regarding the Persistent and Nagarro Business Combination Agreement.
Business Update
Neutral
2026-07-01 23:20
- Persistent Systems held investor/analyst sessions on July 1, 2026, with various investors.
- The sessions reiterated information about the business combination agreement with Nagarro to form the 'Persistent - Nagarro Group', a global leader in AI-led digital engineering.
- No unpublished price sensitive information (UPSI) was shared.
Business Update
Positive
2026-07-01 18:25
- Persistent Systems Limited announced that customary closing conditions for the acquisition of part of the business of M/s. Concise Systems OÜ, Estonia, have been met on July 1, 2026.
Routine
Neutral
2026-07-01 13:52
- Trading window for dealing in company shares closed from July 1, 2026.
- It will remain closed until 48 hours after financial results for the quarter ended June 30, 2026, are declared.
Business Update
Positive
2026-06-30 23:15
- Investor/Analyst session held on June 30, 2026, with Kotak Mahindra Mutual Fund.
- The session reiterated information regarding the strategic Business Combination Agreement between Persistent and Nagarro.
- No unpublished price sensitive information was shared.
Business Update
Positive
2026-06-30 15:57
- Persistent Systems Limited scheduled investor/analyst sessions from June 30 to July 2, 2026, in Mumbai.
- Meetings will reiterate details on the Persistent and Nagarro Business Combination Agreement.
- No UPSI or Q1FY27 financial results will be discussed.
Business Update
Neutral
2026-06-29 00:23
- Persistent Systems Limited has uploaded Investor FAQs on its website as an update to their previous letter dated June 28, 2026.
- The FAQs are available at Persistent-Nagarro-Investor-FAQ.pdf.
Business Update
Positive
2026-06-28 19:21
- Persistent announced a strategic long-term agreement with a global tech leader, securing a Net New Deal with Annual Contract Value (ACV) of $125M+ and Total Contract Value (TCV) of $650M+ over 6.5 years.
- The company is forming the 'Persistent – Nagarro Group' through a voluntary public takeover offer for Nagarro at EUR 81 per share, creating a ~$2.9B AI-led engineering powerhouse.
- The transaction is expected to be cash EPS accretive in the first year, with closing anticipated for Q4 CY26/Q1 CY27.
Business Update
Positive
2026-06-27 19:40
- Concall Schedule
- Concall Date: Sunday, June 28, 2026
- Concall Time: 11:30 AM IST
Business Update
Positive
2026-06-27 04:52
- Order Win: Persistent Systems Limited entered into a long-term strategic services agreement with a global technology leader headquartered in the United States (client name undisclosed due to confidentiality).
- Order Value: Total Contract Value USD 650M+; Annual Contract Value USD 125M+.
- Completion Timeline: 6.5 years.
- Scope: Product development, product support, and cloud services operations and support, expanding presence across North America, Europe, and Asia Pacific.
Business Update
Positive
2026-06-27 03:14
- Persistent Systems announced a Business Combination Agreement to form the 'Persistent - Nagarro Group', a global leader in AI-led digital engineering.
- Persistent will launch a voluntary public takeover offer for all outstanding Nagarro shares at EUR 81 per share.
- The all-cash offer represents a premium of ~140% to the undisturbed closing price on June 25, 2026.
- The combined entity is projected to be a ~USD 2.9 billion AI-led engineering powerhouse with 46,000+ employees across 40+ countries.
- The transaction is expected to be cash EPS accretive for Persistent shareholders in the first year.
Business Update
Positive
2026-06-27 03:11
- Persistent Systems Limited established Galaxy Germany Holding SE (BidCo) as a wholly-owned subsidiary in Germany, acquiring 100% stake for EUR 135,000, to serve as a strategic vehicle for potential M&A in Europe.
- The company acquired a 21% shareholding in Nagarro SE, a listed German digital engineering entity, for EUR 81.00 per share, through BidCo.
- The Board also approved the proposed acquisition of 100% of Nagarro SE via a Voluntary Public Takeover Offer through BidCo. Nagarro SE has ~18,500 employees and EUR 1 billion revenue (CY25).
- This acquisition aims to strengthen Persistent's European footprint and create a ~USD 2.9 billion AI-led engineering powerhouse.
- Persistent approved providing a corporate guarantee of up to EUR 1,540,000,000 to Barclays Bank PLC for a EUR 1,400,000,000 bridge financing facility to fund the takeover offer and share purchase.
Business Update
Positive
2026-06-27 03:01
- Persistent Systems established Galaxy Germany Holding SE (BidCo) as a wholly-owned subsidiary for European M&A.
- Through BidCo, Persistent will acquire a 21% shareholding in Nagarro SE, a German-listed digital engineering company with ~EUR 1 billion (CY25) revenue, for cash consideration of EUR 81.00 per share.
- The Board approved a Voluntary Public Takeover Offer for 100% of Nagarro SE, aiming to expand European footprint and create a ~USD 2.9 billion AI-led engineering powerhouse.
- Persistent will provide a corporate guarantee of up to EUR 1,540,000,000 for a EUR 1,400,000,000 bridge financing facility from Barclays Bank PLC to fund the acquisitions.
Routine
Neutral
2026-06-27 02:58
New Filing detected. See link for details.
Business Update
Neutral
2026-06-23 19:49
- Persistent Systems held investor/analyst sessions with Eternalis Capital Trust and Polar Capital on June 23, 2026.
- During these virtual one-on-one sessions, the company reiterated information shared during its Q4FY26 earnings call and shared no new additional information.
Business Update
Neutral
2026-06-22 21:38
- Persistent Systems held investor/analyst sessions on June 22, 2026, with various investors including Schonfeld Strategic Advisors, Banyan Tree Partners, Millennium Management, and Axis Max Life Insurance.
- The company reiterated information shared during the Q4FY26 earnings call; no additional information was disclosed.
Business Update
Neutral
2026-06-22 17:26
- Investor/analyst session with Axis Max Life Insurance originally scheduled for June 22, 2026, 12:30 PM IST, has been rescheduled to June 22, 2026, 08:30 PM IST (virtual mode).
- The company will reiterate Q4FY26 earnings call information; no new price-sensitive information will be shared.
Business Update
Positive
2026-06-19 12:33
- Persistent Systems won the CII Award for Excellence in Disability Inclusion 2026 in the 'Best Employer – Physical Accessibility' category.
- The award recognizes the company's efforts in embedding accessibility across workplaces, digital platforms, and talent programs.
Business Update
Neutral
2026-06-17 21:54
- Persistent Systems Limited scheduled investor/analyst sessions on June 22 and 23, 2026.
- Virtual one-on-one meetings are planned with Axis Max Life Insurance, Eternalis Capital Trust, and Polar Capital.
- The company will reiterate information from the Q4FY26 earnings call; no new unpublished price-sensitive information will be shared.
Business Update
Neutral
2026-06-17 18:50
- Persistent Systems Limited interacted with Moon Capital on June 17, 2026 (virtual mode).
- The company reiterated information previously shared during its Q4FY26 earnings call; no additional information was disclosed.
Business Update
Positive
2026-06-17 11:39
- Persistent Systems celebrates 10 years of growth in Mexico, strengthening its nearshore capabilities.
- The Mexico operations serve as a strategic engineering hub, supporting AI-enabled engineering, cloud modernization, and enterprise transformation across the Americas.
Business Update
Neutral
2026-06-16 20:29
- Investor/Analyst sessions scheduled for Monday, June 22, 2026.
- Two virtual one-on-one sessions are planned with Schonfeld Strategic Advisors at 11:00 AM IST and Millennium Management, UAE at 02:30 PM IST.
- The company will reiterate information communicated during the Q4 FY26 earnings call; no unpublished price-sensitive information will be shared.
Ownership
Neutral
2026-06-15 15:38
- ESOP Trust acquired 107,874 shares from May 15 - June 11, 2026.
- It plans to acquire up to 40,000 additional shares from the secondary market by Q1FY27 (before June 30, 2026).
- This is to meet vesting commitments for employees. Purchase begins week of June 15, 2026.
Business Update
Positive
2026-06-15 12:36
- Persistent Systems announced a partnership with San Francisco Unicorns for the 2026 Major League Cricket season.
- Persistent will serve as the Official Re(AI)magining™ Partner, focusing on AI and data-led innovation to enhance performance, strategy, and fan engagement in high-performance sport.
Business Update
Neutral
2026-06-11 19:48
- Investor/Analyst Sessions Scheduled
- Moon Capital: June 17, 2026, 11:30 AM IST (Virtual)
- Banyan Tree Partners: June 22, 2026, 01:00 PM IST (Physical)
- The company will reiterate information from the Q4FY26 earnings call; no unpublished price-sensitive information will be shared.
Business Update
Neutral
2026-06-10 20:19
- Persistent Systems Limited held an investor/analyst session with FSSA Investment Managers on June 10, 2026.
- The company reiterated information shared during the earnings call for Q4 FY26 on April 21, 2026.
- No additional information was shared during this session.
Routine
Neutral
2026-06-09 20:39
New Filing detected. See link for details.
Business Update
Positive
2026-06-09 12:33
- Persistent Systems recognized among India's most impactful companies in the Perpetual Capital Hurun India Impact 50 – 2026, ranking 13th overall.
- Ranked #1 in achieving carbon neutrality by 2024 (ahead of 2030 target).
- Earned leading positions in various sustainability dimensions, including SDG 3, SDG 13, waste-recycling, and gender equality.
Business Update
Positive
2026-06-08 20:46
- Board approved the merger of MediaAgility India Private Limited (Wholly Owned Subsidiary) into Persistent Systems Limited on June 8, 2026.
- The merger is for internal restructuring, aiming for entity rationalisation and operational efficiency.
- MediaAgility had a turnover of INR 365.55 million as of March 31, 2026.
Business Update
Neutral
2026-06-08 20:30
- On June 8, 2026, the Board approved the transfer of 100% shareholding of Persistent Systems UK Limited from Persistent Systems Limited (India) to Aepona Group Limited (Ireland).
- This internal restructuring aims for entity rationalisation and operational efficiency within the group.
- Persistent Systems UK Limited will become a Wholly Owned Subsidiary of Aepona Group Limited, Ireland.
Governance
Neutral
2026-06-08 20:23
- Board approved the reappointment of Ms. Avani Davda as an Independent Director for a second term (Dec 28, 2026 – Dec 27, 2031).
- Mr. Arvind Goel's reappointment for a second term (Jun 7, 2027 – Jun 6, 2032).
- Dr. Ambuj Goyal's reappointment for a second term (Jun 7, 2027 – Oct 31, 2031).
- Mr. Dan'l Lewin's reappointment for a second term (Jun 10, 2027 – Apr 30, 2029).
- All reappointments are subject to shareholder approval at the 36th AGM.
Governance
Neutral
2026-06-08 20:10
- Board of Directors approved the reappointment of four Independent Directors: Ms. Avani Davda (5 years from Dec 28, 2026), Mr. Arvind Goel (5 years from June 7, 2027), Dr. Ambuj Goyal (till Oct 31, 2031), and Mr. Dan'l Lewin (till Apr 30, 2029). These are subject to shareholder approval at the 36th AGM.
- Approved the transfer of 100% shareholding of Persistent Systems UK Limited to Aepona Group Limited, Ireland for entity rationalisation and operational efficiency.
- Approved the merger of MediaAgility India Private Limited (Wholly Owned Subsidiary) into Persistent Systems Limited for operational efficiency.
- Approved the Annual Report for FY 2025-26.
Business Update
Neutral
2026-06-05 18:53
- Persistent Systems Limited held an investor/analyst session with Balyasny Asset Management on June 5, 2026.
- The company reiterated information shared during the Q4FY26 earnings call.
- No additional information was shared during the session.
- Weblink to the Investor presentation/Fact Sheet - Q4FY26 was provided.
Business Update
Neutral
2026-06-04 15:04
- Investor/Analyst Sessions Schedule
- Dates: Tuesday, June 9, 2026, and Wednesday, June 10, 2026
- Times: Various, including 11:30 AM IST, 7:00 PM IST (June 9), and 10:30 AM IST (June 10).
- Details: One-on-one virtual and in-person sessions with Creagis Investment Management, Coatue Management LLC, and FSSA Investment Managers. No unpublished price-sensitive information will be shared.
Business Update
Positive
2026-06-04 12:38
- Persistent Systems announced a collaboration with Databricks and Milwaukee School of Engineering (MSOE).
- The initiative aims to strengthen the enterprise AI engineering talent pipeline.
- It includes an AI Hackathon for hands-on exposure to production-scale AI deployments.
Business Update
Neutral
2026-06-03 20:24
- Persistent Systems Limited held an investor/analyst session on June 3, 2026, with Jarislowsky Fraser Global Investment Management.
- The Company reiterated information from its Q4FY26 earnings call; no additional information was shared.
Business Update
Neutral
2026-06-02 19:53
- Persistent Systems Limited held an investor/analyst session with Aikya Investment Management on June 2, 2026.
- The company reiterated information from its Q4FY26 earnings call; no additional information was shared.
- A weblink to the Investor/Analyst Presentation - Q4FY26 is provided.
Business Update
Positive
2026-06-01 12:04
Persistent Systems announced on June 1, 2026, an agreement to expand its Eastern European presence by integrating a team of over 90 professionals from Tallinn-based Concise. This strategic move aims to strengthen its European nearshore delivery network, establish delivery centers in Tallinn and Tartu, and enhance capabilities in AI-led product engineering and cloud-native technologies, supporting large-scale digital infrastructure and AI-enabled operations globally.
Business Update
Positive
2026-05-28 14:55
Persistent Systems Limited, through its subsidiary PerSys Estonia OÜ, has entered into a Business Purchase Agreement to acquire part of Concise Systems OÜ's IT services and IT enabled services business for EUR 5.6M (cash consideration, including EUR 1.5M deferred over 2 years). The acquired business is estimated to generate annual revenue of EUR 11.6M. This acquisition, expected to complete within 4-8 weeks, aims to consolidate a strategic customer relationship and expand Persistent's nearshore delivery presence in Eastern Europe.
Business Update
Neutral
2026-05-27 20:03
Persistent Systems Limited announced the rescheduling of its investor/analyst session with Balyasny Asset Management from Thursday, June 4, 2026, to Friday, June 5, 2026, at 11:30 AM (IST) on a one-on-one virtual basis. The company will reiterate information from its Q4FY26 earnings call and will not share any new unpublished price-sensitive information during this session.
Business Update
Neutral
2026-05-25 18:44
Persistent Systems Limited has scheduled investor/analyst sessions from June 2 to June 4, 2026, with Aikya Investment Management, Jarislowsky Fraser Global Investment Management, and Balyasny Asset Management. The company will reiterate information from its Q4FY26 earnings call and investor presentation, and no new unpublished price-sensitive information will be shared.
Business Update
Neutral
2026-05-25 18:13
Persistent Systems Limited held a one-on-one session with PineBridge Investments on May 25, 2026. During the session, the company reiterated information previously shared during its Q4FY26 earnings call, and no additional information was disclosed to the investor.
Business Update
Positive
2026-05-25 12:37
Persistent Systems announced a strategic partnership with Kong, a leading developer of API and AI connectivity. Persistent will serve as Kong's global systems integration partner. The collaboration aims to help enterprises securely move AI into production by combining Persistent's engineering-led approach with Kong's unified API and AI connectivity platform, simplifying integration, strengthening governance, and accelerating enterprise AI adoption. This will enable modernized API environments, reduced operational costs, and operationalized GenAI with enhanced security.
Business Update
Positive
2026-05-22 23:53
Persistent Systems Limited, through its wholly-owned subsidiary Aepona Group Limited, has established a new wholly-owned subsidiary, PerSys Estonia OÜ, in Estonia on May 22, 2026. This newly formed entity, with a share capital of EUR 10,000, aims to expand the company's technology services footprint in the Europe region.
Business Update
Neutral
2026-05-22 19:32
Persistent Systems Limited held a one-on-one investor/analyst session on May 22, 2026, with Carnelian Asset Management. During the virtual meeting, the company reiterated information previously shared during its Q4 FY26 earnings call, and no additional information was disclosed to the investor.
Routine
Neutral
2026-05-21 19:26
New Filing detected. See link for details.
Business Update
Neutral
2026-05-20 19:24
Persistent Systems Limited will hold an Investor/Analyst session with PineBridge Investments on May 25, 2026, at 12:00 PM IST (Physical mode). The company will reiterate information previously communicated during the Q4FY26 earnings call, and no unpublished price-sensitive information will be shared.
Business Update
Positive
2026-05-20 12:36
Persistent Systems Limited announced a joint research collaboration with IIM Ahmedabad to introduce the 'AI Value Compass'. This strategic decision framework aims to help enterprises prioritize, govern, measure, and scale AI investments with measurable business outcomes, moving from fragmented experimentation to disciplined, outcome-led AI execution.
Business Update
Neutral
2026-05-19 18:38
Persistent Systems Limited held an investor/analyst session with William Blair Investment Management on May 19, 2026. During the virtual one-to-one meeting, the company reiterated information previously shared during its Q4FY26 earnings call and investor presentation, with no new additional information disclosed.
Business Update
Positive
2026-05-19 12:35
Persistent Systems Limited announced it has been recognized as a 2026 Google Cloud Partner of the Year in the Services & Industry Solutions - Supply Chain & Logistics category. This recognition highlights Persistent's expertise in modernizing supply chain operations on Google Cloud, leveraging AI-driven capabilities to improve visibility and accelerate decision-making for enterprises.
Business Update
Positive
2026-05-18 12:31
Persistent Systems has been recognized for the third consecutive year in Extel's 2026 Asia Executive Team Survey, earning the prestigious 'Most Honored Company' distinction. The company received top rankings for excellence in executive leadership, financial stewardship, and investor relations engagement. CEO Sandeep Kalra ranked first in the Best CEO category, Persistent's Investor Relations Program ranked first, and CFO Vinit Teredesai ranked second in the Best CFO category within the Technology, IT Services, Software & AI industry (Asia, excluding Mainland China).
Business Update
Neutral
2026-05-15 15:45
Persistent Systems Limited held an investor/analyst session with Nalanda Capital on May 15, 2026. During the one-to-one interaction, the company reiterated information previously shared during its Q4FY26 earnings call on April 21, 2026, and no new information was disclosed.
Business Update
Neutral
2026-05-15 13:43
Persistent Systems Limited announced investor/analyst sessions with UTI Pension Fund and Carnelian Asset Management on May 21 and 22, 2026. The company stated it would reiterate information previously communicated during the Q4FY26 earnings call and confirmed that no unpublished price-sensitive information would be shared. A link to the Q4FY26 Investor/Analyst Presentation was also provided.
Ownership
Neutral
2026-05-15 06:31
Persistent Systems' ESOP Trust will acquire an additional 125,000 equity shares from the secondary market by June 30, 2026 (Q1FY27) to meet employee stock option vesting commitments for PESOS 2014 and ESOP 2017 schemes. This follows the previous acquisition of 437,232 shares in March 2026. The purchase plan will be executed in multiple tranches starting May 15, 2026, in compliance with SEBI regulations.
Business Update
Neutral
2026-05-11 20:22
Persistent Systems Limited announced investor/analyst sessions on May 15 and May 19, 2026, with Nalanda Capital and William Blair Investment Management, respectively. The company will reiterate information from its Q4FY26 earnings call and investor presentation, assuring that no unpublished price-sensitive information will be shared.
Business Update
Positive
2026-05-11 16:55
Persistent Systems Limited announced the receipt of the Certified True Copy of the National Company Law Tribunal, Mumbai's order dated May 11, 2026 (pronounced on April 21, 2026), approving the merger by absorption of its wholly-owned subsidiary, Arrka Infosec Private Limited, with the company. This streamlines the corporate structure.
Business Update
Positive
2026-05-07 12:35
Persistent Systems Limited announced on May 7, 2026, that it has achieved the Databricks Brickbuilder Specialization for Healthcare & Life Sciences (HLS). This specialization validates Persistent's capability to deliver production-grade, governed data and AI solutions on the Databricks Data Intelligence platform. It strengthens the company's position in enabling HLS organizations to accelerate clinical development, improve patient outcomes, and operationalize AI across regulated environments.
Business Update
Neutral
2026-05-05 21:20
Persistent Systems Limited held investor/analyst sessions on May 5, 2026, with Bellwether Capital and American Century Investments. The company reiterated information previously shared during the Q4FY26 earnings call held on April 21, 2026, and no additional information was shared. A weblink to the Investor/Analyst Presentation - Q4FY26 was provided.
Business Update
Positive
2026-05-05 12:35
Persistent Systems Limited announced a partnership with IIT Kharagpur on May 5, 2026, to establish an AI Innovation Lab. The lab aims to advance AI research, deepen industry-academia collaboration, and build future-ready talent, focusing on developing robust AI systems in areas like healthcare analytics, educational technology, and financial intelligence. This initiative is expected to strengthen India's role in the global AI landscape and contribute to Persistent's AI capability stack.
Business Update
Neutral
2026-04-29 17:24
Persistent Systems Limited announced investor/analyst sessions scheduled for May 5, 2026, with Bellwether Capital and American Century Investments. The company will reiterate information from its Q4 FY26 earnings call, and no unpublished price-sensitive information will be shared. A link to the Q4 FY26 Investor/Analyst Presentation is provided.
Business Update
Neutral
2026-04-28 16:55
Persistent Systems Limited submitted the transcript of the investor/analyst call held on April 21, 2026, for the quarter and year ended March 31, 2026 (Q4FY26). The transcript is also available on the company's website.
Business Update
Neutral
2026-04-27 19:07
Persistent Systems Limited conducted an investor/analyst session with Mirabilis Investment Trust on April 27, 2026. The company reiterated information from its Q4FY26 earnings call and investor presentation, with no new information shared.
Business Update
Neutral
2026-04-23 20:37
Persistent Systems Limited held a Non-Deal Roadshow on April 23, 2026, interacting with institutional investors including HDFC Life, SBI Mutual Fund, and Axis Mutual Fund. The company reiterated information from its Q4FY26 earnings call, and no additional information was shared.
Routine
Neutral
2026-04-22 20:33
New Filing detected. See link for details.
Business Update
Positive
2026-04-22 17:47
NCLT Mumbai sanctioned the merger of Arrka Infosec Private Limited (Wholly Owned Subsidiary) into Persistent Systems Limited via order dated April 21, 2026, with official notification received on the same day.
Business Update
Neutral
2026-04-22 00:12
Persistent Systems Limited announced the submission of the outcome and audio recording of the investor/analyst call held on April 21, 2026, for the quarter and year ended March 31, 2026 (Q4FY26). The links to the Analyst Presentation, Factsheet, and Audio Recording are available on the company's website.
Financials
Neutral
2026-04-21 17:52
The Board of Directors approved the Audited Financial Statements as of March 31, 2026, at its meeting held on April 21, 2026. Both Consolidated and Standalone financial statements are now available on the company's website.
Financials
Positive
2026-04-21 16:04
Persistent Systems' Board recommended a Final Dividend of INR 18.00 per Equity Share for the Financial Year 2025-26, subject to approval at the 36th Annual General Meeting.
Financials
Positive
2026-04-21 15:52
Persistent Systems reported Consolidated Revenue of $436.0M for Q4 FY26, marking a 16.2% YoY increase. The EBIT Margin stood at 16.3% and PAT Margin at 13.1% for the quarter. The Board recommended a Final Dividend of ₹18 per share, bringing the total FY26 dividend to ₹40 per share, up from ₹35 in FY25.
Financials
Positive
2026-04-21 15:48
Consolidated Revenue ₹4,055.9 Cr vs ₹3,242.2 Cr (▲25.1% YoY), EBIT ₹659.2 Cr vs ₹505.1 Cr (▲30.5% YoY), PAT ₹529.3 Cr vs ₹395.9 Cr (▲33.7% YoY). EBIT Margin 16.3% vs 15.6% (▲70bps). Company declared a full year dividend of ₹40 per share for FY26.
Financials
Positive
2026-04-21 15:38
Persistent Systems Limited announced the approval of its Audited Consolidated Financial Results for the quarter and year ended March 31, 2026, with an unmodified audit opinion. The Board also recommended a Final Dividend of INR 18 per equity share for FY 2025-26, subject to shareholder approval.
Financials
Positive
2026-04-21 15:35
Consolidated Revenue ₹4,055.9Cr vs ₹3,242.1Cr (▲25.10% YoY), EBITDA ₹767.7Cr vs ₹584.4Cr (▲31.36% YoY), PAT ₹529.3Cr vs ₹395.8Cr (▲33.73% YoY). EBITDA Margin 18.93% vs 18.02% (▲91bps). The Board also recommended a final dividend of INR 18 per equity share.
Business Update
Neutral
2026-04-20 20:13
Persistent Systems Limited will hold a Non-Deal Roadshow in Mumbai on April 23, 2026, interacting physically with investors like HDFC, Kotak, and SBI. The company will reiterate information from the investor call for the quarter and year ended March 31, 2026, without sharing any unpublished price-sensitive information.