Comparison · NSE · data 2026-10-31
HCL Technologies Limited vs Persistent Systems Limited
In plain words
Size: HCL Technologies Limited is about 3.9 times the market value of Persistent Systems Limited.
Valuation (P/E): Persistent Systems Limited 53 vs HCL Technologies Limited 21.1.
Return on equity: Persistent Systems Limited 26.3% vs HCL Technologies Limited 23%.
Profit growth over 3 years: Persistent Systems Limited 26.5% a year vs HCL Technologies Limited 3.9% a year.
Debt to equity: HCL Technologies Limited 0.07 vs Persistent Systems Limited 0.06.
Differences in the numbers, not a recommendation of either stock.
Side by side
| HCLTECH | PERSISTENT | |
|---|---|---|
| Price | ₹1,428.1 | ₹6,048 |
| Market cap | ₹3,87,511 cr | ₹1,00,247 cr |
| P/E | 21.1 | 53 |
| P/B | 5.1 | 11 |
| ROE | 23.0% | 26.3% |
| ROCE | 28.0% | 32.2% |
| Debt / equity | 0.07 | 0.06 |
| Operating margin | 17.5% | 15.5% |
| Dividend yield | 4.20% | 0.66% |
| Sales growth, 3 years (yearly) | 8.7% | 20.9% |
| Profit growth, 3 years (yearly) | 3.9% | 26.5% |
| 1-year return | -8.3% | 2.7% |
| Revenue, last 12 months | ₹1,38,052 cr | ₹16,801 cr |
| Net profit, last 12 months | ₹18,320 cr | ₹1,803 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹5,132 cr | ₹352 cr |
| Quarter profit vs a year earlier | +21.2% | -25.4% |
| Promoter holding | 60.88% | 30.29% |
| Health check | Average (6.4/10) | Average (5.3/10) |
Common questions
Which has a higher P/E, HCL Technologies Limited or Persistent Systems Limited?
Persistent Systems Limited trades at the higher P/E (53 against 21.1). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Persistent Systems Limited (26.3% against 23.0%).
Which carries more debt?
HCL Technologies Limited has the higher debt-to-equity ratio (0.07 against 0.06).