Persistent Systems Share: A Journey from IPO to Market Leader
Persistent Systems Limited, a leading Indian multinational technology services company, has demonstrated phenomenal growth since its Initial Public Offering (IPO) in March 2010. The company specializes in cloud computing, Internet of Things (IoT), cybersecurity, big data analytics, and software product engineering, positioning itself as a key player in the IT industry.
Over the past 14 years, Persistent Systems has delivered massive wealth creation for its investors. An investment of ₹1,00,000 in its IPO has turned into ₹87.47 lakh, reflecting 86x growth. This article provides a comprehensive analysis of the company’s stock performance, corporate actions, and financial growth.
Persistent Systems Share Performance (March 7, 2025)
Persistent Systems share experienced a slightly negative trading session, closing at ₹5,278.80, down ₹24.45 (-0.46%) from the previous close of ₹5,303.25.
Key Highlights of Today’s Trading Session:
- Opening Price: ₹5,270.00
- Day’s High: ₹5,323.15
- Day’s Low: ₹5,168.00
- Closing Price: ₹5,278.80
Despite minor fluctuations, Persistent Systems share has continued to showcase resilience, backed by strong fundamentals and investor confidence.
Persistent Systems IPO Overview
The IPO took place from March 17 to March 19, 2010, with an issue price of ₹310 per share. The company listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on April 6, 2010.
Since its listing, the stock has consistently delivered high returns, touching an all-time high of ₹6,788.80 in December 2024.
Persistent Systems Share Investment Growth Analysis (Without Bonus & Stock Split)
If an investor had invested ₹1,00,000 in the IPO at ₹310 per share, they would have acquired approximately:
- Shares purchased: ₹1,00,000 ÷ ₹310 = 322 shares
At its peak price of ₹6,788.80 in December 2024, the investment value would be:
- 322 shares × ₹6,788.80 = ₹21,85,161.60
This reflects a 2,085% return (21.85x growth) in 14 years without considering corporate actions.
Investment Value as of March 6, 2025:
- Closing Price: ₹5,303.25
- Investment Value: 322 × ₹5,303.25 = ₹17,08,644.50
- Return on Investment (ROI): 1,609% (16.09x growth)
This remarkable growth showcases the company’s strong business fundamentals and sustained revenue expansion over the years.
Corporate Actions in Persistent Systems Share : Bonus Issue and Stock Split
Persistent Systems has rewarded its long-term investors through corporate actions that significantly increased shareholding.
Bonus Issue (2015):
- On March 10, 2015, the company issued a 1:1 bonus.
- This means every shareholder received one additional share for each share held.
Stock Split (2024):
- On January 20, 2024, Persistent Systems approved a 2-for-1 stock split.
- Each share was subdivided into two shares, reducing the face value from ₹10 to ₹5 per share.
Persistent Systems Share Investment Growth Analysis after Considering Bonus & Split
Let’s analyze the actual investment growth by factoring in the bonus issue and stock split.
Step 1: Initial Investment in IPO (2010)
- ₹1,00,000 at ₹310 per share = 322 shares
Step 2: Post Bonus Issue (2015)
- 1:1 bonus = Shares doubled
- 322 × 2 = 644 shares
Step 3: Post Stock Split (2024)
- 2-for-1 stock split = Shares doubled again
- 644 × 2 = 1,288 shares
Final Investment Value as of March 6, 2025
- Current share price: ₹5,303.25
- Total investment value: 1,288 × ₹5,303.25 = ₹68,37,786
Investment Value at Peak Price (December 2024)
- Peak price: ₹6,788.80
- Total value: 1,288 × ₹6,788.80 = ₹87,47,174.40
Thus, a ₹1,00,000 investment in 2010 would be worth ₹87.47 lakh in December 2024, representing 86x growth in just 14 years.
Persistent Systems Share Financial Performance Over the Years Revenue and Profit Trends
| Particulars | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales (₹ Cr) | 9,822 | 8,351 | 5,717 | 4,188 | 3,566 | 3,366 | 3,034 | 2,878 | 2,312 | 1,891 |
| Expenses (₹ Cr) | 8,146 | 6,832 | 4,753 | 3,505 | 3,074 | 2,810 | 2,565 | 2,413 | 1,921 | 1,501 |
| Operating Profit (₹ Cr) | 1,676 | 1,519 | 958 | 683 | 492 | 556 | 469 | 465 | 392 | 390 |
| OPM (%) | 21.7 | 21.8 | 21.7 | 21.6 | 21.4 | 21.7 | 21.5 | 21.6 | 21.7 | 21.0 |
| Net Profit (₹ Cr) | 1,094 | 921 | 690 | 451 | 340 | 352 | 325 | 302 | 327 | 291 |
| EPS (₹) | 72 | 62 | 90 | 59 | 44 | 44 | 40 | 38 | 35 | 37 |
The company has exhibited consistent revenue and profit growth, reinforcing investor confidence.
Persistent Systems Share Dividend History
Persistent Systems Limited, a leading IT services company in India, has maintained a strong track record of dividend payments since its IPO in 2010. Below is a summary of the dividends declared over the years:
| Financial Year | Dividend Type | Dividend (%) | Dividend per Share (₹) |
|---|---|---|---|
| 2024-25 | Interim | 400 | 20.00 |
| 2023-24 | Final | 200 | 10.00 |
| 2023-24 | Interim | 320 | 32.00 |
| 2022-23 | Special | 100 | 10.00 |
| 2022-23 | Final | 120 | 12.00 |
| 2022-23 | Interim | 280 | 28.00 |
| 2021-22 | Final | 110 | 11.00 |
| 2021-22 | Interim | 200 | 20.00 |
| 2020-21 | Final | 60 | 6.00 |
| 2020-21 | Interim | 140 | 14.00 |
| 2019-20 | Second Interim | 30 | 3.00 |
| 2019-20 | Interim | 90 | 9.00 |
| 2018-19 | Final | 30 | 3.00 |
| 2018-19 | Interim | 80 | 8.00 |
| 2017-18 | Final | 30 | 3.00 |
| 2017-18 | Interim | 70 | 7.00 |
| 2016-17 | Final | 30 | 3.00 |
| 2016-17 | Interim | 60 | 6.00 |
| 2015-16 | Second Interim | 30 | 3.00 |
| 2015-16 | Interim | 50 | 5.00 |
| 2014-15 | Special | 25 | 2.50 |
| 2014-15 | Final | 25 | 2.50 |
| 2014-15 | Interim | 100 | 10.00 |
| 2013-14 | Final | 40 | 4.00 |
| 2013-14 | Interim | 80 | 8.00 |
| 2012-13 | Final | 30 | 3.00 |
| 2012-13 | Interim | 60 | 6.00 |
| 2011-12 | Final | 25 | 2.50 |
| 2011-12 | Interim | 35 | 3.50 |
| 2010-11 | Final | 15 | 1.50 |
| 2010-11 | Interim | 40 | 4.00 |
| 2009-10 | Final | 5 | 0.50 |
| 2009-10 | Interim | 15 | 1.50 |
Note: The dividend percentage is calculated based on the face value of the share.
Key Factors Behind Persistent Systems Share Growth
- Strong Presence in Emerging Technologies – The company has expanded into AI, IoT, and cloud computing.
- Robust Financials – Strong profit margins and increasing EPS reflect stability.
- Strategic Acquisitions – Persistent Systems has acquired firms to strengthen its global market presence.
- Consistent Dividend Payouts – Investors have received regular dividends, further enhancing returns.
- Resilient Business Model – The company’s diversified portfolio minimizes risks.
Disclaimer
This content is intended solely for educational and informational purposes and should not be interpreted as financial or investment advice. Investing in the stock market involves risks, and past performance is not indicative of future results. Readers are encouraged to conduct their own research, seek guidance from a certified financial advisor, and evaluate their risk appetite before making any investment decisions. Neither the author nor stoxmail.com assumes responsibility for any financial losses resulting from the use of this information.