Persistent Systems IT stocks in India transitioning into AI leaders

As artificial intelligence reshapes global technology markets, select Indian IT companies are embedding AI at the core of their strategies. Persistent Systems stands out for its AI-first platforms, partnerships, and strong financial execution.

Artificial intelligence has become one of the most powerful investment themes in global equity markets, driving sharp rallies in technology stocks linked to data centres, cloud infrastructure, and software platforms. While AI promises long-term productivity gains, it has also unsettled traditional software business models, forcing investors to reassess valuations across sectors.

Against this backdrop, a handful of Indian IT companies are actively transitioning into AI-led digital enterprises, investing heavily in generative AI, automation, and software-defined platforms. These stocks are not predictions on future returns, but examples of companies positioning themselves at the forefront of the AI transformation.

1 Persistent Systems

Persistent Systems is emerging as a key AI-driven IT services player in India, with a strategy centred on platform-led digital engineering, cloud, data analytics, and software product development.

As the company enters its 35th year, it is embedding artificial intelligence at the core of its growth roadmap through a two-pronged AI strategy — AI for Technology and AI for Business.

AI at the Core of Operations

On the technology front, Persistent has developed SASVA, an AI-powered unified digital engineering platform that integrates generative, deterministic, and agentic AI across the entire software lifecycle — from planning and development to deployment and post-release support.

On the business side, the company leverages AI to deliver measurable outcomes such as cost optimisation, faster decision-making, and enhanced customer experience. This is supported by its iAURA data management suite, which helps enterprises modernise legacy data, automate migrations, and strengthen data governance — a key foundation for scalable AI adoption.

Persistent has also launched GenAI Hub, enabling enterprises to build, test, deploy, and monitor generative AI applications across multiple cloud platforms with strong controls around cost, security, and responsible AI usage.

Strategic Partnerships Powering Growth

The company has strengthened its AI capabilities through global collaborations. In partnership with Microsoft, Persistent launched AI-powered solutions such as ContractAssist, an intelligent contract management platform, and a GenAI-enabled Population Health Management solution.

It has also entered a long-term strategic partnership with Google Cloud, focusing on enterprise AI adoption across the US, India, the UK, and Australia, while leveraging Google Cloud’s advanced AI platforms.

Strong Financial Track Record

Over the past five years, Persistent Systems has delivered robust financial performance, with revenue growing at a CAGR of 27.3% and net profit expanding at 32.7% CAGR. The company maintains a debt-free balance sheet, with five-year average ROE of 21.8% and ROCE of 29%.

Looking ahead, Persistent aims to scale revenue to US$2 billion, driven by its AI-first strategy, expansion of proprietary platforms, and continued global footprint growth.