Record Date for Persistent Systems' Final Dividend for FY25 is 14th July
By Ankur Chandra | Published at: Jun 24, 2025 12:08 PM IST
Mumbai, 24 June 2025: Persistent Systems Ltd (NSE: PERSISTENT, BSE: 533179) has set 14th July as the record date for the payment of Rs 15 per share final dividend for FY25
As of 10:29 AM IST on 24 June, Persistent Systems Ltd was trading at ₹6,135.00, reflecting a gain of ₹55.00 or 0.90% for the day. The stock opened at ₹6,180.00 and also touched the same level as its intraday high, before dipping to a low of ₹6,067.50. With a market capitalisation of ₹95,180 crore and a P/E ratio of 67.99, the stock continues to trade near its 52-week high of ₹6,788.90.
Dividend Details Confirmed; Record Date Set for 14 July
As per the company’s disclosure under Regulation 42 of SEBI (LODR) Regulations, 2015, the key details regarding the dividend are as follows:
| Particulars | Details |
|---|---|
| Final Dividend | ₹15 per share (Face Value: ₹5) |
| Record Date | Monday, July 14, 2025 |
| Book Closure Period | July 15–21, 2025 (both days inclusive) |
| Dividend Payment Date | Within 30 days of AGM approval |
| AGM Date | Monday, July 21, 2025 |
| Financial Year | April 1, 2024 – March 31, 2025 |
Eligible shareholders on record as of 14 July will receive the final dividend. The total dividend for FY25, including the ₹20 interim dividend declared in January 2025, now stands at ₹35 per share.
Dividend Payout Trend Signals Financial Resilience
Persistent has demonstrated a consistent upward trajectory in dividend payouts over the last five years. The firm’s ability to declare increasing dividends year-on-year underlines its robust profitability and strong cash flow management.
| Financial Year | Interim Dividend | Final Dividend | Total Dividend | Face Value |
|---|---|---|---|---|
| FY2024–25 | ₹20 (Jan 2025) | ₹15 (Proposed) | ₹35 | ₹5 |
| FY2023–24 | ₹32 (Jan 2024) | ₹10 | ₹42 | ₹5 |
| FY2022–23 | ₹28 (Jan 2023) | ₹12 (incl. special) | ₹40 | ₹5 |
| FY2021–22 | ₹20 (Jan 2022) | ₹11 | ₹31 | ₹5 |
| FY2020–21 | ₹14 (Feb 2021) | ₹6 | ₹20 | ₹5 |
Why the Payout Matters: Stable Earnings and Strategic Focus
Persistent’s rising dividend trend reflects its strategic focus on sustainable growth, strong operational efficiency, and a healthy balance sheet. The final dividend announcement is seen by market analysts as a positive signal of earnings strength and future stability, especially in a competitive IT services sector.
The payout aligns with the company’s strategy to balance reinvestment in digital innovation while ensuring steady shareholder returns.
Company Overview: A Digital Engineering Powerhouse
Headquartered in Pune, Persistent Systems Ltd is a globally recognised leader in digital engineering and enterprise modernisation. The company operates across 80+ countries, serving clients through a wide portfolio of solutions in cloud, AI, data, and platform engineering.
Its equity shares, with a face value of ₹5 each, are listed on both BSE (533179) and NSE (PERSISTENT) under ISIN: INE262H01013.
What Else Is Driving Persistent’s Momentum in 2025?
Apart from the dividend announcement, Persistent has had an eventful FY25:
- Strong Q4 Results: The company reported a 17% YoY increase in net profit for Q4 FY25, driven by rising demand for cloud migration and platform integration services.
- New Contract Wins: Persistent secured multiple multi-year digital transformation contracts from global banking and healthcare firms, bolstering its order book.
- Expansion Plans: The company recently inaugurated its new development centre in Hyderabad to support rising delivery demands in AI and machine learning projects.
- Talent Investment: Persistent is actively investing in skilling programmes for AI and DevOps to support its expanding global delivery workforce.
REF: https://nsearchives.nseindia.com/corporate/PERSISTENTUSER1_23062025234932_PSLBookClosureIntimationsigned.pdf
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