Persistent Systems (NSE: PERSISTENT / BOM: 533179): One of India’s Fastest Growing IT Firms You Probably Have Not Heard Of

Persistent Systems (NSE: PERSISTENT / BOM: 533179) is a digital engineering and enterprise modernization partner set up in 1990 by an Indian repat who worked for HP Labs. Despite the tech spending slowdown, Persistent Systems is still growing: 16.1% revenue CAGR from it’s IPO to FY2022 and 23.5% revenue CAGR between FY2020 and FY2022.

OVERVIEW:

• P/E (Google Finance): 38.35 / P/E (Yahoo! Finance): 38.61
• Dividend Yield (Google Finance): 0.76% / Forward Dividend & Yield (Yahoo! Finance): 39.00 (0.89%)

1 YEAR CHART:

LONG TERM CHART:

ADDITIONAL RESOURCES:

• Website
• Investor Relations
• Analyst Presentation and Fact Sheet – Q3 FY23 (PDF File)
• Persistent Systems – Our 30 Year Journey (Youtube) 9 Minutes
• Webinar: Strategy Update & India Report (Mobius Capital Partners) 49 Minutes
  • 32 Min – Persistent Systems is discussed…

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