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Balance sheet of Persistent Systems is strong.
It shouldn't have solvency or liquidity issues.
Yes, The debt of Persistent Systems is increasing.
Latest debt of Persistent Systems is -₹723.8 Crs as of Sep-24.
This is greater than Mar-24 when it was -₹1,838.44 Crs.
Yes, profit is increasing.
The profit of Persistent Systems is ₹1,320 Crs for TTM, ₹1,093 Crs for Mar 2024 and ₹921 Crs for Mar 2023.
The company seems to pay a good stable dividend.
Persistent Systems latest dividend payout ratio is 36.63% and 3yr average dividend payout ratio is 37.48%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Short Term Loans & Advances