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:
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![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fc9a715fe-a09f-4f01-931c-1a700a8a918d_896x583.png)
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![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2e8657e9-0da4-4a1b-a961-6eee8716d2b5_991x549.png)
![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fbac77c76-535c-48cc-9a98-8a4f639049c5_1464x398.png)
![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1312d024-df50-496e-9442-008a10e5e525_1480x809.png)
![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F635faf3b-ec13-4d67-9736-aeb565ea574f_995x548.png)
- 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:
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LONG TERM CHART:
![](https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fea3bdc61-1db5-4181-b4ef-52fbb7b977de_1166x612.png)
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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