Persistent Systems Share Price Target 2026, 2027, 2028, 2029, 2030
- Market Cap
- ₹88,090 Cr
- Book Value
- ₹496.7
- Stock P/E
- 44.3
- Dividend Yield
- 0.73%
- ROE
- 27.2%
- ROCE
- 34.4%
- PEG Ratio
- 1.23
- EV/EBITDA
- 28.4
Fundamentals from Screener.in, as of 5 Aug 2026. Live price via Yahoo Finance.
Technical snapshot
EOD ·Persistent Systems Ltd closed at ₹5,510.00 on 19 August 2026, up 1.2% on the day, 7.9% above its 50-day average, 16.5% below its 52-week high, with volume at 0.78× its 20-session average.
- RSI 14
- 58.3
- vs 50-day SMA
- +7.9%
- vs 200-day SMA
- +0.9%
- From 52-week high
- -16.5%
- Relative volume
- 0.78×
- 20-day return
- +8.1%
End-of-day prices from exchange-published files (NSE/BSE bhavcopy), updated after market close. Descriptive statistics, not investment advice.
Persistent Systems share price today
Persistent Systems (NSE: PERSISTENT) has spent a decade proving mid-cap IT can outgrow the giants without buying revenue: 28.6% sales CAGR and 35.9% profit CAGR over five years, all organic muscle in digital engineering — the build-software-products end of IT, not the maintain-legacy end. ROCE of 34.4% says the growth is profitable, not purchased.
The stock trades at 44× — nearly double the large-cap IT multiple — with a PEG of 1.23. That premium is a bet that Persistent keeps taking share as enterprise spending shifts from maintenance to product engineering (and now, AI-led platform work). The scenarios test it.
Why Persistent grows when TCS doesn’t
Large Indian IT is tethered to legacy estates: enormous, sticky, slow-growing. Persistent lives where budgets grow — healthcare and BFSI clients building actual software products, cloud-native platform work, and increasingly AI-integration engagements where engineering depth beats headcount. A founder-shaped culture (deep engineering respect, low bench politics) shows up as consistent large-deal wins and industry-leading growth guidance credibility.
What matters next: US demand cycles (mid-caps feel client-budget freezes faster than giants), pricing pressure as AI compresses some engineering effort (double-edged — it also creates the new work), and wage inflation against an 18.3% OPM that runs below large-cap peers.
The numbers
Financial snapshot — 5 August 2026
| Metric | Value |
|---|---|
| Market cap | ₹88,090 Cr |
| P/E (TTM) | 44.3 |
| EV/EBITDA | 28.4 |
| Operating margin | 18.3% |
| ROE / ROCE | 27.2% / 34.4% |
| Debt to equity | 0.06 |
| Sales CAGR (5y) | 28.6% |
| Profit CAGR (5y) | 35.9% |
| Promoter holding | 30.3% (zero pledged) |
| EPS (TTM) | ₹124.2 |
Persistent Systems share price target 2026 to 2030
EPS base ₹124.2 (TTM). Bear: US tech spending freezes and mid-cap premiums evaporate — 10% growth at 28×. Base: digital engineering demand persists — 18% growth at 36×. Bull: AI-platform work accelerates share gains — 24% growth at 44×.
From ₹5,499, the base case is ≈ +86% over four and a half years plus a small yield. The bear case is essentially flat because multiple compression can absorb several years of earnings growth. Persistent’s history also shows that demand scares can create sharp drawdowns despite sound execution.
What supports the case
- 35.9% five-year historical profit growth is strong evidence of execution, but it is backward-looking and should not be extrapolated as a forecast.
- Positioned where IT budgets grow: product engineering, platforms, AI integration.
- 34.4% ROCE — profitable share gains, not bought revenue.
- Founder-engineering culture converts to deal-win consistency.
- Margin headroom: 18.3% OPM has structural room versus larger peers.
The risks: US demand cycles hit mid-caps first, AI’s effect on engineering pricing cuts both ways, and a 44× multiple in a cyclical sector guarantees volatility.
What to weigh at the current price
The tension is whether digital-engineering and AI work can sustain industry-leading growth before a US slowdown compresses both utilisation and the 44× premium.
FAQ
What is the Persistent Systems share price target for 2030? The table above sets out bear, base and bull scenarios for each year to 2030. They are valuation sensitivities, not promised prices.
Why does Persistent trade at double the large-cap IT multiple? Growth: it compounds sales near 30% while large caps grow single digits. The market pays for the delta — the risk is any quarter that narrows it.
Is AI a threat to Persistent? Both threat and tailwind: AI compresses some engineering effort but creates platform-integration demand where Persistent’s depth wins. So far the net has been market-share gains.
When are Persistent’s next results? Check the results calendar and confirm the announced date in the relevant exchange filing.
This article is research and education, not personalised investment advice. We are not SEBI-registered advisers. Price targets are scenario arithmetic, not promises. Do your own research and consult a registered adviser before acting.