• The document is a regulatory disclosure pursuant to Regulation 30 of SEBI LODR Regulations, 2015, intimating the outcome of investor sessions held on September 28, 2026.
  • The event type was one-on-one institutional investor meetings conducted in-person.
  • The meetings were held with five specific institutional investors according to the following schedule:
  • Wellington Management at 10:30 AM SGT
  • White Oak Capital Partners at 12:30 PM SGT
  • Allianz Global Investors at 2:00 PM SGT
  • Manulife Asset Management at 3:30 PM SGT
  • T. Rowe Price at 5:00 PM SGT
  • The stated purpose of these sessions was to interact with institutional investors and 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  • The company explicitly stated that no unpublished price sensitive information was shared or discussed during these sessions.

Financial Highlights from Investor Presentation

The enclosed Investor Presentation contained the following financial information:

Q1 FY27 Financial Performance (ending June 30, 2026):

  • Revenue: $452.4M, representing +16.1% YoY growth
  • EBIT Margin: 16.0%, representing +32.7% YoY growth
  • PAT Margin: 11.2%, representing +13.7% YoY growth
  • TTM Revenue: $1,717.1M, representing +16.8% YoY growth
  • Employee Count: 28,640 as of June 30, 2026
  • Market Capitalization: $9.3B

Growth Metrics:

  • The company has delivered 25 consecutive quarters of sequential revenue growth
  • QoQ growth outperformance vs. Indian IT peers: 3.24% (Persistent: 3.76% vs. peers: 0.52%)
  • YoY growth outperformance vs. Indian IT peers: 12.63% (Persistent: 16.07% vs. peers: 3.44%)

Client Metrics (Q1 FY27 TTM):

  • $75M+ clients: 4
  • $20M-$75M clients: 8
  • $10M-$20M clients: 20
  • $5M-$10M clients: 28
  • $1M-$5M clients: 154
  • Total clients ($1M+): 214
  • Top 10 client concentration: 40.9% of total revenue

Strategic Acquisition Announcement:

  • Persistent has entered into a Business Combination Agreement to acquire Nagarro SE
  • Enterprise Value: ~€1.27B (€81 per share in cash)
  • Premium: ~140% to undisturbed closing price on June 25, 2026; ~94% to three-month VWAP
  • Valuation multiples: 1.27X EV/CY25A Revenue; 9.19X EV/CY25A Adjusted EBITDA
  • Nagarro CY2025 Financials: Revenue €999.3M (+2.8% YoY), Adjusted EBITDA €138.2M (13.8% margin)
  • Nagarro employee count: 18,003 professionals across 38 countries
  • Transaction status: Persistent has secured ~21% stake via SPA; management board supports transaction
  • Minimum acceptance threshold for open offer: 50% + 1 share

Additional Notes Section

  • The document includes the full Investor Presentation as an enclosure.
  • The presentation contains forward-looking statements and cautionary disclosures about the Nagarro acquisition, noting that completion remains subject to regulatory, shareholder and other third-party approvals.
  • The presentation uses non-GAAP financial measures including EBIT, EBIT Margin, EBITDA, Adjusted EBITDA and Adjusted EBITDA Margin, with appropriate disclosures about their limitations.
  • No new financial data beyond what was previously disclosed in the September 19, 2026 presentation was shared during these investor sessions.