Q4 FY21 Quarterly Results
-
Revenue
$152.8M
-
Q-o-Q
+4.6%
-
Y-o-Y
+20.3%
FY21 Annual Results
-
Revenue
$566.1M
-
Y-o-Y
+12.9%
-
Y-o-Y EBIT
+55.2%
Consolidated Financial Highlights for the Financial Year 2020-21
| FY20 | FY21 | Y-o-Y Growth | |
|---|---|---|---|
| Revenue (USD Million) | 501.61 | 566.08 | 12.9% |
| Revenue (INR Million) | 35,658.08 | 41,878.88 | 17.4% |
| EBITDA (INR Million) | 4,929.54 | 6,830.15 | 38.6% |
| PBT (INR Million) | 4,523.42 | 6,094.43 | 34.7% |
| PAT (INR Million) | 3,402.89 | 4,506.77 | 32.4% |
Consolidated Financial Highlights for the Quarter ended March 31, 2021
| Q4 FY21 | Q-o-Q Growth | Y-o-Y Growth | |
|---|---|---|---|
| Revenue (USD Million) | 152.82 | 4.6% | 20.3% |
| Revenue (INR Million) | 11,133.58 | 3.5% | 20.2% |
| EBITDA (INR Million) | 1,883.29 | 3.2% | 47.5% |
| PBT (INR Million) | 1,848.78 | 12.0% | 63.5% |
| PAT (INR Million) | 1,377.59 | 13.9% | 64.3% |
We are happy to conclude FY21 on a high note, with double digit growth in both our revenue and EPS. Our performance demonstrates the alignment between Persistent’s core strengths in digital engineering and our clients’ needs as they accelerate to the next wave of transformation. We are confident that efforts to strengthen our leadership team, partner ecosystem, and operational excellence will continue to be the foundation of our success. The Persistent Foundation continues to contribute towards COVID relief efforts globally and we continue to support our employees during these challenging times.
Highlights of Market Momentum for Fiscal Year 2021
View InfographicFourth Quarter FY21 Client Wins and Outcomes
Software, Hi-Tech & Emerging Industries
- Engineering and GTM partnership for a portfolio of security products for a global technology leader
- Building a Center of Excellence for a leading low code technology provider to deliver transformation for their customers in BFSI and HLS segments
- Managing end-to-end IT operations using Persistent Intelligent Operations for a leading US-based marketing and events management company
Banking, Financial Services and Insurance
- Building a digital lending portal and modernizing the payments platform for the commercial group at a top 5 US bank
- Migrating critical data to AWS Cloud with integrations for consumer offerings for a Fortune 25 financial services ISV
- Developing Salesforce-based digital loan platforms for consumer lending for two leading Indian banks
Healthcare & Life Sciences
- Delivering intelligent visualization and BI dashboard for COVID-19 vaccine shipments for a leading cold-chain distribution company
- Building a Digital Front Door and Patient Experience solution with integration into EMR systems and patient portals, for a leading US health system
- Executing an enterprise-wide legacy modernization program leveraging MuleSoft and automation for a leading clinical research organization
Partner Ecosystem
- NAFCU Services Announces Persistent Systems as Preferred Partner for Digital Transformation including Cloud-Based Technologies
- Persistent and FinMkt Partner to Bring Point of Sale Digital Lending Solutions to Banks and Credit Unions
- OpenShift makes running Kubernetes easy. Now AWS ROSA makes that even easier
Analyst Recognition & Awards
- Persistent Systems Awarded Coveted 2020 Golden Peacock for Corporate Governance
- Persistent cited as Leader in ISG’s Salesforce Ecosystem Partners 2021 Report for Salesforce Services in U.S.
- Constellation Research ShortList™ Recognizes Persistent Systems for Innovation Services & Engineering Q1 2021
- Persistent Systems was cited as a Strong Performer in the Forrester Wave: Digital Process Automation Service Providers, Q3 2020
- For Fourth Quarter Running, Persistent named Top 15 Sourcing Standout for Managed Services in Q4 2020 Global ISG Index™ “Booming 15” Category
- Persistent named a Star Performer in Everest Group’s Software Product Engineering Services PEAK Matrix® Assessment 2021
- Zinnov Leader 8 Years in a Row- Leader in consumer & enterprise software engineering as well as digital, AI, cybersecurity & platform categories
- Everest Group names Persistent a ‘Major Contender’ in their Salesforce Healthcare Services PEAK Matrix® Assessment 2021
Other News
- Forbes: The Refactoring X-Factor Behind Software Modernization
- The Economic Times: The making of the great Indian Cancer-Genome Atlas, a dedicated database to enable curated therapies
- The Economic Times: Persistent Systems to Expand its Presence in the US
- The Times of India: Engg R&D rainmakers bag mega deals from home offices
- ComputerWeekly: Containerisation in the enterprise- Persistent Systems: The ‘spectrum’ of legacy containerisation
- The Enterprisers Project: Artificial Intelligence and privacy: 3 key security practices
Quarterly Results for FY 2020-21 Results for Fourth Quarter Ended March 31, 2021
Results for Third Quarter Ended December 31, 2020
| Press Release | Analyst Call | Analyst Presentation and Fact Sheet | Financials |
|---|---|---|---|
| Press Release – Q3 FY21 | Analyst Call Transcript– Q3 FY21 | Analyst Presentation and Fact Sheet – Q3 FY21 | Persistent Systems – Consolidated Financials – Q3 FY21 |
| Analyst Call Recording – Q3 FY21 | Persistent Systems – Standalone Financial – Q3 FY21 |
Results for Second Quarter Ended September 30, 2020
| Press Release | Analyst Call | Analyst Presentation and Fact Sheet | Financials |
|---|---|---|---|
| Press Release – Q2 FY21 | Analyst Call Transcript – Q2 FY21 | Analyst Presentation and Fact Sheet – Q2 FY21 | Persistent Systems – Consolidated Financials – Q2 FY21 |
| Analyst Call Recording – Q2 FY21 | Persistent Systems – Standalone Financial – Q2 FY21 | ||
| Detailed Financial Statements – Q2 FY21 |
Results for First Quarter Ended June 30, 2020
| Press Release | Analyst Call | Analyst Presentation and Fact Sheet | Financials |
|---|---|---|---|
| Press Release – Q1 FY21 | Analyst Call Transcript – Q1 FY21 | Analyst Presentation and Fact Sheet – Q1 FY21 | Persistent Systems – Consolidated Financials – Q1 FY21 |
| Analyst Call Recording – Q1 FY21 | Persistent Systems – Standalone Financial – Q1 FY21 |
Previous Quarterly Results
QUARTER 4
- Press Release – Q4 FY20
- Analyst Call Transcript – Q4 FY20
- Analyst Call Recording – Q4 FY20
- Analyst Presentation and Fact Sheet – Q4 FY20
- Persistent Systems Standalone Annual Financials M20
- Persistent Systems Standalone Quarterly Financials
- M20 Consolidated Annual Financials M20.pdf
- Consolidated Quarterly Financials M20.pdf
- Regn 33 and 47 Financial Results Q4FY20.pdf
QUARTER 4
- Press Release – Q4 FY19
- Persistent Systems – Standalone Quarterly Financials M19
- Persistent Systems – Standalone Annual Financials M19
- Consolidated Quarterly Financials M19
- Consolidated Annual Financials M19
- AdMaterial – Q4 FY19
- Analyst Call Transcript – Q4 FY19
- Analyst Presentation and Fact Sheet – Q4 FY19
QUARTER 1
- Press Release – Q1 FY17
- Persistent Systems – Consolidated Financials – Q1 FY17
- Persistent Systems – Unconsolidated Financials – Q1 FY17
- Regn 33 and 47 – Financial Results Advertisement – Q1 FY17
- Unconsolidated Financial Results – Regn 33 – Q1 FY17
- Analyst Call Transcript – Q1 FY17
- Analyst Presentation and Fact Sheet – Q1 FY17
QUARTER 2
- Press Release – Q2 FY17
- Persistent Systems – Clause 41 – Consolidated – Q2 FY17
- Persistent Systems – Unconsolidated Financials – Q2 FY17
- Regn 33 and 47 – Financial Results Advertisement – Q2 FY17
- Unconsolidated Financial Results – Regn 33 – Q2 FY17
- Analyst Call Transcript – Q2 FY17
- Analyst Presentation and Factsheet – Q2 FY17
QUARTER 1
QUARTER 2
QUARTER 3
QUARTER 4
For analyst call transcripts, please write to investors@persistent.com
