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

With PERSISTENT's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.

Financial Ratios:

currentRatio 2.357000
forwardPE 44.892597
debtToEquity 4.920000
earningsGrowth 0.239000
revenueGrowth 0.236000
grossMargins 0.277740
operatingMargins 0.155860
trailingEps 90.380000
forwardEps 55.250000

The current ratio for Persistent Systems Limited is 2.357, indicating that the company can service its short-term debt using available cash and assets. This suggests Persistent Systems Limited has strong liquidity, with more than enough resources to meet its immediate financial commitments.
PERSISTENT's positive earnings and revenue growth reflect a strong outlook for the company's business expansion. The company is expected to continue growing, with increasing profitability and sales driving further growth in the near future.
PERSISTENT's forward EPS being less than trailing EPS suggests the company may see a drop in profitability this year. This signals potential financial challenges and a less optimistic outlook for earnings growth.

Price projections:

Price projections for PERSISTENT
Price projections for PERSISTENT

Over time, PERSISTENT's price projections have steadily declined, reflecting reduced confidence in the company's future performance. The downward revisions suggest analysts are becoming more conservative in their assessments.

Recommendation changes over time:

Recommendations trend for PERSISTENT
Recommendations trend for PERSISTENT


Analysts are favoring Persistent Systems Limited with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider Persistent Systems Limited as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.