The document is an intimation of an additional Institutional Investor interaction scheduled as a one-on-one meeting with HSBC Mutual Fund.
The event is scheduled for Friday, September 25, 2026, at 12:00 PM IST.
The stated purpose is to reiterate information contained in the Investor Presentation submitted to stock exchanges on September 19, 2026 (Ref No. NSE & BSE / 2026-27 /126).
The company explicitly states that no unpublished price sensitive information (UPSI) will be shared or discussed during this session.
Management participants listed in the presentation include: Vinit Teredesai (Executive Director & Chief Executive Officer), Sandeep Kalra (Executive Director & Chief Financial Officer), Saurabh Dwivedi (Corporate Vice President, Finance & Strategy), and Rahul Ravi (Deputy General Manager, Corporate Development).
Financial Highlights from Investor Presentation
Q1 FY27 Performance: Revenue of $452.4M (+16.1% YoY), EBIT Margin of 16.0% (+32.7% YoY), PAT Margin of 11.2% (+13.7% YoY)
TTM Performance: Revenue of $1,717.1M (+16.8% YoY)
Employee Count: 28,640 employees as of June 30, 2026
Market Capitalization: $9.3B
The company has delivered 25 consecutive quarters of sequential revenue growth since FY2021
Client Concentration: Top 10 clients represented 43.0% of total revenue in Q1 FY27
Persistent has agreed to acquire 100% of Nagarro SE at an Enterprise Value of approximately €1.27B, based on €81 per share in cash
This represents a premium of ~140% to Nagarro's undisturbed closing price on June 25, 2026, and ~94% to three-month volume-weighted average price
Transaction values Nagarro at 1.27X EV/CY25 Revenue and 9.19X EV/CY25 Adjusted EBITDA
Persistent has already secured ~21% stake in Nagarro via a share purchase agreement
Nagarro's Management Board has expressed intent to tender their shares into the open offer
Both Nagarro Boards fully support the transaction and signed a Business Combination Agreement
Minimum acceptance threshold for open offer: 50% + 1 share
Nagarro Business Overview
Financials: CY2025 Revenue of €999.3M (+2.8% YoY), Adjusted EBITDA of €138.2M (13.8% margin)
Operations: Headquartered in Munich, Germany; listed on Frankfurt Stock Exchange
Workforce: 18,003 professionals across 38 countries (13,145 in India, 1,100 in Germany, 831 in Romania, 558 in US, 502 in Philippines)
Business Focus: AI-first diversified digital engineering business delivering full-stack solutions across digital engineering, intelligent enterprise, and experience & design
Client Base: Portfolio of over 1,000 clients across 72 countries
Vertical Focus: Strong presence in Automotive, Manufacturing and Industrial, Retail and CPG, Financial Services and Insurance, Travel and Logistics
Additional Notes
The document includes the complete investor presentation as an enclosure
The presentation contains forward-looking statements and cautionary notes about the acquisition and business prospects
The company uses non-GAAP financial measures including EBIT, EBIT Margin, EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin
