Persistent

Pune, India Founded: 1990 • Age: 36 yrs Listed Fortune India 500 · #226
IT consulting, data analytics, and digital transformation services are provided.
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About Persistent

Persistent is a publicly listed company based in Pune (India) founded in 1990 by Anand Deshpande. IT consulting, data analytics, and digital transformation services are provided. It operates in the Business Services and Technology sectors. Persistent has raised $18.8 million across 2 funding rounds from investors including Norwest Venture Partners, Gabriel Venture Partners and Intel. The company has 24,594 employees. Persistent has completed 19 acquisitions, including Arrka, Capiot and CloudSquads. Its chief executive, as recorded, is Sandeep Kumar Kalra. Its website persistent.com draws about 320 thousand monthly visits. Its Indian entity Persistent Systems Limited reported revenue of ₹14,929 Cr. Persistent offers products and services including Application Development, Cloud Infrastructure, Consulting Services, Persistent.AI, and Intelligent Automation. Its focus areas include IT Services, Suite, Digital Transformation Services and Horizontal.

Company details

Persistent was established in 1990 in Pune, India, within the IT services sector. A variety of services is delivered, encompassing IT suite solutions, consulting, data analytics, digital transformation, software product engineering, customer experience transformation, cloud and infrastructure management, security, and ERP implementation. Operations extend to clients across global markets, with focus placed on technology integration for business processes.

Persistent is ranked #226 on the Fortune India 500 (2025).

Recognitions & Rankings of Persistent

Fortune India 500 2025 edition
Rank#226
Total income
₹12,077 Cr
Profit
₹1,400 Cr
Last year #248
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#73
Valuation
₹95,940 Cr
2023 #101 2022 #141 2021 #132
  • Headquarters Pune, India
  • Employees 24,594
  • Founders Anand Deshpande
  • Stage Public
  • Sectors
    Business Services
    Technology
  • Website category Computers Electronics and Technology · Programming and Developer Software
  • Email
    ••••••••
  • Website persistent.com
  • Social LinkedIn X Facebook
  • Legal Name Persistent Systems Limited
Operational Areas
Business Services → Digital Transformation & Automation Services
Business Services → Professional Consulting & Advisory
Technology → IT Services & Operations
Key Metrics
  • Market Cap
    ₹1,00,578 Cr

    PERSISTENT · NSE

  • Share Price
    ₹6,109.50

    +0.73% today

  • Revenue
    ₹14,748 Cr

    FY 2025-26 · +23.5% YoY

  • EBITDA
    ₹2,706 Cr

    Margin 18.4%

  • Net Profit
    ₹1,928 Cr

    FY 2025-26 · +38.7% YoY

  • P/E (TTM)
    54.1x

    P/B 7.9x

  • ROE
    26.4%

    ROCE 32.5%

  • Debt / Equity
    0.06

    Interest cover 3.2x

  • Total Equity Funding
    $18.8M (USD)

    in 2 rounds

  • Latest Funding Round
    $18.8M (USD), Series B

    Dec 2005

  • Investors
    Norwest Venture Partners

    & 2 more

  • Employee Count
    24,594
  • Investments & Acquisitions
    Arrka

    & 18 more

Products & Services of Persistent

Persistent offers a comprehensive portfolio of products and services, including Application Development, Cloud Infrastructure, Consulting Services, Persistent.AI, and Intelligent Automation.

Application Development
Software Services

Develops and manages applications for enterprise efficiency

Cloud Infrastructure
IT Services

Provides modernization and management of cloud systems

Consulting Services
Advisory Services

Offers strategic advice for digital transformation initiatives

Persistent.AI
AI Services

Delivers AI-driven software development and automation tools

Intelligent Automation
Automation Services

Implements robotic and conversational AI for business processes

Funding Insights of Persistent

Persistent has successfully raised a total of $18.8M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $18.8 million completed in December 2005. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $18.8M
  • Total Rounds 2
  • Last Round Series B — $18.8M
  • First Round $1M

    (Apr 2000)

  • Investors Count 3

All 2 funding rounds of Persistent with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2005$18.8MSeries B–Norwest Venture Partners, Gabriel Venture Partners
–
Apr 2000$1MUnspecified––
Intel
Valuation history

3 investors in total: 3 institutional.

Investors in Persistent

Persistent has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Norwest Venture Partners, Gabriel Venture Partners and Intel.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Norwest Venture Partners
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
1961nvp.comMenlo Park, United States
Gabriel Venture Partners
VC firm investing in the US
gabrielvp.comSan Mateo, United States
Intel
intel.com
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Investor details for Persistent

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  • Round participation
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Board of directors of Persistent Systems Limited (Persistent)

Persistent Systems Limited is the primary company behind Persistent. The board of Persistent Systems Limited currently have 10 directors; the longest-serving is Anand Suresh Deshpande, appointed in 1990. 25 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Anand Suresh Deshpande
DIN 00005721
Managing Director19 Oct 199036 yrsPersistent Systems Limited
Sandeep Kumar Kalra
DIN 02506494
Whole-time director11 Jun 20197 yrs 4 moPersistent Systems Limited
Praveen Purushottam Kadle
DIN 00016814
Director23 Apr 20206 yrs 6 moPersistent Systems Limited
Avani Vishal Davda
DIN 07504739
Director28 Dec 20214 yrs 10 moPersistent Systems Limited
Arvind Hari Goel
DIN 02300813
Director07 Jun 20224 yrs 4 moPersistent Systems Limited
Ambuj Goyal
DIN 09631525
Director07 Jun 20224 yrs 4 moPersistent Systems Limited
Danl Lewin
DIN 09631526
Director10 Jun 20224 yrs 4 moPersistent Systems Limited
Ajit Keshav Ranade
DIN 00918651
Director06 Jun 20233 yrs 5 moPersistent Systems Limited
Anjali Joshi
DIN 10661577
Director12 Jun 20242 yrs 4 moPersistent Systems Limited
Vinit Ajit Teredesai
DIN 03293917
Whole-time director24 Apr 20251 yr 6 moPersistent Systems Limited

People of Persistent

233 people are tracked at Persistent (109 in leadership, 7 in board & advisors, 117 in team); the tracked headcount is 24,594.

NameRoleGroup
Anand Deshpande
Founder & Managing Director & ChairmanLeadership
Sandeep Kumar Kalra
CEOLeadership
Shubendu Banerjee
Head Of Sales Excellence, Operations, Deals & Strategic Initiatives, Healthcare & Life SciencesLeadership
Sandeep Kalra
Executive Director & CEOLeadership
Suresh Subramanian
Vice President - HLS SalesLeadership
Simon Lloyd-Jenkins
Head Of Operations UK Salesforce Practice At Persistent SystemsLeadership
Meghana Murudkar
Associate General ManagerLeadership
Ashish Agrawal
Sr. Vice PresidentLeadership
Mahendra Jadhav
Associate Vice President - Integration BU At Persistent SystemsLeadership
Mukesh Agarwal
Chief Planning OfficerLeadership
Ganesh Nathella
SVP & General Manager, HLSLeadership
Kathir Kathiresan
VP & Head Of EMEA Partner Ecosystem BusinessLeadership
Anant Chakradhar
General Manager – Strategic Programs, Marketing Operations & Brand LeadershipLeadership
Vivek Agarwal
Senior Vice President FinanceLeadership
Vikram Joshi
Client Partner - HyperscalersLeadership
Chitra Byregowda
SVP and Head of Environmental, Social and GovernanceLeadership
Premchanth Mohan
Vice President - Medical Devices BusinessLeadership
Basky Kuppan
Associate Vice President | Healthcare & Life Sciences At PersistentLeadership
Rick Nadler
Associate VP - SalesLeadership
Brij Gupta
Vice President & Global Head- Partner EcosystemLeadership

213 more people are available in the full profile.

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Complete people profiles for Persistent

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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IPO & Listings of Persistent

Persistent is a publicly listed company on the NSE with ticker symbol PERSISTENT in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date06 Apr 2010
  • Listed onBSE: 533179 · NSE: PERSISTENT
  • Listed entityPersistent Systems Limited
  • Exchange sectorTechnology services
  • ISININE262H01021
  • Share price₹5,913.00 (-1.25% on the day) · 2026-10-14
  • Market capitalisation₹94,650 Cr
  • Price to earnings48.4
  • EPS (diluted, trailing year)₹122.14
  • Dividend yield0.69%
  • Volume (last session)425,319

Financials of Persistent

Exchange-reported figures of Persistent Systems Limited, the listed company behind Persistent (NSE: PERSISTENT).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹14,748 Cr
+23.5% YoY
EBITDA
₹2,706 Cr
+31.5% YoY
Profit After Tax
₹1,928 Cr
+38.6% YoY
Net Worth
₹7,838 Cr
+24.0% YoY
Total Assets
₹8,597 Cr
+28.6% YoY
Total Debt
₹477 Cr
+53.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue14,74811,9399,8228,3515,7114,1883,566
Revenue growth+23.5%+21.6%+17.6%+46.2%+36.4%+17.5%-
EBITDA2,7062,0581,6761,489958683492
EBITDA margin+18.4%+17.2%+17.1%+17.8%+16.8%+16.3%+13.8%
Profit before tax2,4111,8221,4481,241924609452
Net profit1,9281,3901,070928663417329
Net profit margin+13.1%+11.7%+10.9%+11.1%+11.6%+10.0%+9.2%
EPS (₹)118.2389.8470.98120.5290.3458.9744.53
Balance sheet
Total assets8,5976,6845,4684,9514,1802,9182,475
Net worth7,8386,3194,9583,9653,3682,7962,386
Total debt47731145165557898.4471.37
Cash & bank1,2181,0251,023903914981457
Net working capital3,4362,6501,9471,6621,1651,286852
Cash flow
Cash from operations1,7671,1571,302956845736352
Cash from investing(618)(517)(525)(383)(971)(540)(6.43)
Cash from financing(748)(628)(582)(404)182(144)(329)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue4,6644,3034,0563,7783,5813,3343,2423,062
Revenue growth (YoY)+30.3%+29.1%+25.1%+23.4%+23.6%+21.8%--
Other income24.4570.6433.4940.5051.7854.6618.3642.63
EBITDA633697768644683612584538
EBITDA margin+13.6%+16.2%+18.9%+17.0%+19.1%+18.3%+18.0%+17.6%
Depreciation16711510910110093.7879.1082.12
Interest37.5729.1418.6818.9617.9817.0618.4616.32
Profit before tax454623674565617555505482
Tax102140145126145130109109
Net profit352483529439471425396373
EPS (₹)22.2230.5133.5527.9430.1527.2125.3923.93
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue14,42811,7286,5145,1183,5752,4802,108
Revenue growth+23.0%+80.0%+27.3%+43.1%+44.2%+17.6%-
EBITDA2,3771,6151,3311,124870611433
EBITDA margin+16.5%+13.8%+20.4%+22.0%+24.3%+24.6%+20.5%
Profit before tax2,2161,5491,3171,050912668533
Net profit1,6531,078981802659479396
Net profit margin+11.5%+9.2%+15.1%+15.7%+18.4%+19.3%+18.8%
EPS (₹)103.6472.5363.9851.7689.7466.0953.35
Balance sheet
Total assets7,3295,8654,9854,1363,4202,8282,354
Net worth6,7105,6034,7793,9423,3192,7662,299
Total debt39423215115676.3938.6037.41
Cash & bank831676650541660825294
Net working capital3,1442,9252,1691,5361,0861,052632
Cash flow
Cash from operations1,807717547520586657276
Cash from investing(729)(163)(29.20)(107)(393)(496)41.48
Cash from financing(718)(517)(315)(346)(223)(128)(321)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue4,4944,1183,9583,7183,4933,2583,1883,002
Revenue growth (YoY)+28.7%+26.4%+24.2%+23.9%+22.7%+21.1%--
Other income19.3949.9561.7619.6240.1345.639.9044.69
Total expenses3,7493,5183,3613,1232,8322,7352,7822,525
EBITDA745599598596661523405476
EBITDA margin+16.6%+14.6%+15.1%+16.0%+18.9%+16.0%+12.7%+15.9%
Depreciation85.6576.2672.4866.3065.9261.5947.0852.15
Interest22.9427.2016.8516.6015.1114.2414.7312.21
Profit before tax656546570532620493354457
Tax17314415014516112572.49131

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 05 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue4,6644,3034,0563,7783,5813,3343,2423,062
Revenue growth (YoY)+30.3%+29.1%+25.1%+23.4%+23.6%+21.8%--
Other income24.4570.6433.4940.5051.7854.6618.3642.63
EBITDA633697768644683612584538
EBITDA margin+13.6%+16.2%+18.9%+17.0%+19.1%+18.3%+18.0%+17.6%
Depreciation16711510910110093.7879.1082.12
Interest37.5729.1418.6818.9617.9817.0618.4616.32
Profit before tax454623674565617555505482
Tax102140145126145130109109
Net profit352483529439471425396373
EPS (₹)22.2230.5133.5527.9430.1527.2125.3923.93
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue14,74811,9399,8228,3515,7114,1883,566
Revenue growth+23.5%+21.6%+17.6%+46.2%+36.4%+17.5%-
Other income18013812870.62144108132
Total expenses12,0429,8818,1466,8614,7533,5053,074
Employee cost7,9506,8745,9614,9703,4592,5162,156
EBITDA2,7062,0581,6761,489958683492
EBITDA margin+18.4%+17.2%+17.1%+17.8%+16.8%+16.3%+13.8%
Depreciation403307309272166176166
Interest72.6867.1346.7347.3411.845.796.33
Profit before tax2,4111,8221,4481,241924609452
Tax546422354320234159112
Net profit1,9281,3901,070928663417329
Net profit margin+13.1%+11.7%+10.9%+11.1%+11.6%+10.0%+9.2%
EPS (₹)118.2389.8470.98120.5290.3458.9744.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital78.8877.9377.0376.4376.4376.4376.43
Reserves & surplus7,7596,2414,8813,8893,2922,7192,309
Shareholders' funds (net worth)7,8386,3194,9583,9653,3682,7962,386
Minority interest0.000.000.000.000.000.000.00
Secured loans0.000.001970.000.000.000.00
Unsecured loans47731125465557898.4471.37
Total debt47731145165557898.4471.37
Total liabilities8,5976,6845,4684,9514,1802,9182,475
Assets
Gross block5,5544,8454,2734,0893,0181,7871,629
Net block2,8562,5412,2212,3411,534457432
Capital work in progress37.5877.3633.5316.1410712.1830.34
Investments1,6159808276408221,000979
Inventories0.000.000.000.000.000.000.00
Sundry debtors3,3342,6791,6761,570948571592
Cash & bank balances1,2181,0251,023903914981457
Loans & advances1,6309821,185856541481420
Total current assets6,1834,6873,8843,3302,4042,0331,469
Total current liabilities2,7462,0381,9371,6681,239747617
Net working capital3,4362,6501,9471,6621,1651,286852
Total assets8,5976,6845,4684,9514,1802,9182,475
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash674663467298242190174
Net cash from operating activities1,7671,1571,302956845736352
Net cash from investing activities(618)(517)(525)(383)(971)(540)(6.43)
Net cash from financing activities(748)(628)(582)(404)182(144)(329)
Net change in cash40111.8919616955.8751.9316.05
Closing cash1,2181,0251,023903914981457
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+23.5%+21.6%+17.6%+46.2%+36.4%+17.5%-
EBITDA growth+31.5%+22.8%+12.5%+55.5%+40.3%+38.8%-
PBT growth+32.3%+25.9%+16.7%+34.3%+51.7%+34.7%-7.0%
Net income growth+38.7%+29.9%+15.3%+40.0%+59.1%+26.6%-
Revenue CAGR (3Y)+20.9%+27.9%+32.9%+32.8%+19.3%+11.4%+7.4%
EBITDA CAGR (3Y)+22.0%+29.0%+34.9%+44.6%+19.9%+13.4%+2.7%
Profitability & leverage
Net income margin+12.7%+11.7%+11.1%+11.0%+12.1%+10.8%+9.5%
Return on capital employed+32.5%+31.1%+28.7%+28.2%+26.4%+22.8%+19.0%
Return on net worth+26.4%+24.8%+24.5%+25.1%+22.4%+17.4%+14.4%
Debt / equity0.060.070.120.170.110.030.02
Long-term debt / equity0.040.030.060.100.080.020.01
Interest cover3.163.833.423.891.491.141.94
Efficiency & per share
Fixed asset turnover2.842.622.352.352.382.452.33
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover4.915.486.056.637.527.206.58
EPS (₹)118.2389.8470.98120.5290.3458.9744.53
Dividend per share (₹)40.0035.0026.0050.0031.0020.0012.00
Book value per share (₹)496.85405.46321.82518.82440.72365.81312.17
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue4,4944,1183,9583,7183,4933,2583,1883,002
Revenue growth (YoY)+28.7%+26.4%+24.2%+23.9%+22.7%+21.1%--
Other income19.3949.9561.7619.6240.1345.639.9044.69
Total expenses3,7493,5183,3613,1232,8322,7352,7822,525
EBITDA745599598596661523405476
EBITDA margin+16.6%+14.6%+15.1%+16.0%+18.9%+16.0%+12.7%+15.9%
Depreciation85.6576.2672.4866.3065.9261.5947.0852.15
Interest22.9427.2016.8516.6015.1114.2414.7312.21
Profit before tax656546570532620493354457
Tax17314415014516112572.49131
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue14,42811,7286,5145,1183,5752,4802,108
Revenue growth+23.0%+80.0%+27.3%+43.1%+44.2%+17.6%-
Other income16715816473.87132118160
Total expenses12,05110,1135,1833,9942,7051,8691,675
Employee cost5,8754,8763,8353,1422,1881,4091,103
EBITDA2,3771,6151,3311,124870611433
EBITDA margin+16.5%+13.8%+20.4%+22.0%+24.3%+24.6%+20.5%
Depreciation26617616213483.7656.6855.51
Interest62.8047.4716.9813.106.883.824.45
Profit before tax2,2161,5491,3171,050912668533
Tax581419331259226163125
Net profit1,6531,078981802659479396
Net profit margin+11.5%+9.2%+15.1%+15.7%+18.4%+19.3%+18.8%
EPS (₹)103.6472.5363.9851.7689.7466.0953.35
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital78.8877.9377.0376.4376.4376.4376.43
Reserves & surplus6,6315,5254,7023,8653,2422,6892,222
Shareholders' funds (net worth)6,7105,6034,7793,9423,3192,7662,299
Secured loans0.000.000.000.190.000.000.00
Unsecured loans39423215115676.3938.6037.41
Total debt39423215115676.3938.6037.41
Total liabilities7,3295,8654,9854,1363,4202,8282,354
Assets
Gross block2,2581,8491,4661,4171,036835783
Net block1,145872604688419276237
Capital work in progress37.5576.9932.6715.6310711.2318.55
Investments2,6041,7771,6701,4031,3081,4151,354
Inventories0.000.000.000.000.000.000.00
Sundry debtors3,2012,5251,6831,050443297288
Cash & bank balances831676650541660825294
Loans & advances2,4641,511859709508377357
Total current assets6,4954,7123,1922,2991,6111,499939
Total current liabilities3,3511,7871,022763524447307
Net working capital3,1442,9252,1691,5361,0861,052632
Total assets7,3295,8654,9854,1363,4202,8282,354
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash36432612456.3786.2753.2656.51
Net cash from operating activities1,807717547520586657276
Net cash from investing activities(729)(163)(29.20)(107)(393)(496)41.48
Net cash from financing activities(718)(517)(315)(346)(223)(128)(321)
Net change in cash36037.7720267.28(29.91)33.01(3.25)
Closing cash831676650541660825294
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+23.0%+80.0%+27.3%+43.1%+44.2%+17.6%-
EBITDA growth+47.2%+21.3%+18.5%+29.2%+42.5%+41.1%-
PBT growth+43.0%+17.7%+25.4%+15.2%+36.5%+25.4%+21.6%
Net income growth+53.4%+9.8%+22.3%+21.6%+37.7%+21.0%-
Revenue CAGR (3Y)+41.3%+48.6%+38.0%+34.4%+22.2%+12.7%+6.8%
EBITDA CAGR (3Y)+28.4%+22.9%+29.7%+37.4%+31.8%+17.0%+5.4%
Profitability & leverage
Net income margin+11.3%+9.6%+15.1%+15.5%+19.2%+20.4%+19.3%
Return on capital employed+34.5%+29.4%+29.2%+28.2%+29.4%+25.9%+23.4%
Return on net worth+26.6%+21.8%+22.6%+21.8%+22.6%+20.0%+18.0%
Debt / equity0.050.040.040.030.020.020.01
Long-term debt / equity0.030.020.020.020.020.010.00
Interest cover2.973.301.451.320.870.691.18
Efficiency & per share
Fixed asset turnover7.027.074.524.173.823.072.80
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover5.045.574.776.869.678.487.94
EPS (₹)103.6472.5363.9851.7689.7466.0953.35
Dividend per share (₹)40.0035.0026.0025.0031.0020.0012.00
Book value per share (₹)425.38359.50310.20257.88434.27361.86300.76

Investments & Acquisitions by Persistent

Persistent has strategically engaged in corporate development activities, having acquired 19 companies. Notable acquisitions include Arrka, Capiot and CloudSquads.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Nagarro
Digital product engineering and technology consulting services are provided.
nagarro.comMunich, Germany1996Oct 2026••••
Arrka
IT services suite solutions are provided by Arrka in India.
arrka.comMumbai, India2012Oct 2024••••
Starfish Associates
Communication management workflows are automated across multi-vendor platforms.
starfishassociates.comBridgewater, United States2005Jul 2024••••
MediaAgility
AI consulting services have been provided since 2011 from Princeton.
mediaagility.comPrinceton, United States2011Mar 2022$71.71M
Data Glove
IT service suite solutions are provided globally by Data Glove.
dataglove.comPrinceton, United States2009Feb 2022$90.5M
Shree Partners
Data analytics, test automation, and related services are provided.
shreepartners.comEast Brunswick, United States2008Sep 2021••••
Software Corporation International
Corrosion control and maintenance services for industrial infrastructure are provided.
softwarecorporation.comCharlotte, United States1990Sep 2021••••
Capiot
Cloud based data integration software for enterprises
capiot.comPalo Alto, United States2014Oct 2020••••
Youperience
Sales force solutions are provided by Youperience to businesses.
youperience.comErding, Germany2017Jun 2019$5.47M
Herald Health
Customized protocols are provided for monitoring clinical information systems.
heraldhealth.comBoston, United States2015Sep 2018$5.2M
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Complete acquisition details for Persistent

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Timeline of Persistent

14 dated milestones of Persistent across 36 years, from founding to its latest funding, stage changes and deals.

  1. Founded Persistent is founded.
  2. Funding First funding round of $1.0M.
  3. Funding Latest funding round, Series B, of $18.8M.
  4. IPO Lists on the stock exchange (IPO).
  5. Acquisition Acquires Herald Health.
  6. Acquisition Acquires Youperience.
  7. Acquisition Acquires Capiot.
  8. Acquisition Acquires Shree Partners.
  9. Acquisition Acquires Software Corporation International.
  10. Acquisition Acquires Data Glove.
  11. Acquisition Acquires MediaAgility.
  12. Acquisition Acquires Starfish Associates.
  13. Acquisition Acquires Arrka.
  14. Acquisition Acquires Nagarro.

Web traffic of Persistent

The website of Persistent (persistent.com) receives about 320K visits a month and ranks #164,476 among all websites worldwide, #3,719 in Programming and Developer Software.

  • Monthly visits
    320K

    ▲ 25.5% vs previous month

  • Unique visitors
    114.3K

    per month

  • Global rank
    #164,476

    among all websites

  • Category rank
    #3,719

    Computers Electronics and Technology · Programming and Developer Software

Similar websites

Websites whose visitors overlap most with Persistent. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
Infosys
infosys.com
100%
3.2M#19,624View details
persistentsystems.sharepoint.com
persistentsystems.sharepoint.com
81%
–
Programiz
programiz.com
77%
#10,110View details
HCL Technologies
hcltech.com
76%
897.7K#58,144View details
ilovepdf.com
ilovepdf.com
74%
#124–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 40 similar websites and full traffic analytics for Persistent

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  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Digital Transformation & Automation Services

3 companies that operate in the same segment as Persistent (Digital Transformation & Automation Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Happiest Minds
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
EMudhra
Provider of digital signature certificates, PKI, and e-signature solutions
2008Bengaluru, Karnataka, IndiaUSD 26.23 MUSD 76.01 M604
Tech Mahindra
Provider of data analytics, cloud management, and business process outsourcing services
1986Pune, Maharashtra, IndiaUSD 6.06 B119,340
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Related news about Persistent

PERSISTENT: RS. 62.19 CRORES NSE BLOCK TRADE; FOR ~ 102,088 SHARES, AT RS. 6091.50
Exchange Update • 3 days ago
PERSISTENT: Rs. 18.65 Crores NSE Block Trade; for ~ 32,046 Shares, at Rs. 5820.00
Exchange Update • 13 days ago
Persistent Systems: Aims For EBIT Margin Of 16%-17%, Plans To Finalize Nagarro Acquisition By Q4 2026.
Exchange Update • 13 days ago
Persistent Systems: Special Committee Sets Floor Price For Equity Share Issue At ₹5,761; SEBI ICDR Regulations Compliance Confirmed.
Exchange Update • 15 days ago
PERSISTENT: RS. 151.43 CRORES NSE BLOCK TRADE; FOR ~ 260,164 SHARES, AT RS. 5820.50
Exchange Update • 17 days ago
Persistent: JPMorgan on Persistent Systems Maintains Overweight, Target Price ₹6,400; Q2 revenue grew 7.8% QoQ in constant currency on large-tech deal ramp-up and a BFS vendor-consolidation win, but EBIT margin fell 100bps QoQ to 15% due to higher amortisation; delayed deal closures and continuing costs prompt 40–60bps margin cuts and 2–4% adjusted EPS reductions.
Exchange Update • 20 days ago
Persistent: CLSA on Persistent Systems Maintains High Conviction Outperform, Target Price ₹6,488; Q2 revenue beat consensus by 2%, but EBIT and adjusted PAT missed by 2%/12% due to higher interest expense and FX losses; cuts FY27–29 EPS forecasts by 6–9%, while retaining 16%/19%/22% revenue/EBIT/EPS CAGR forecasts and sees potential for market capitalisation to double over four years if the Nagarro integration and US$5bn FY31 revenue ambition succeed.
Exchange Update • 20 days ago
Persistent: Nomura on Persistent Systems Maintains Neutral, Target Price ₹5,600; Q2 revenue was in line but margins missed significantly, with softer deal wins after an exceptional Q1 and large-deal execution likely to weigh on FY27 margins; Nagarro acquisition could close in the next 1–2 quarters, and FY27 EPS is cut 22% while FY28 EPS rises 3%.
Exchange Update • 20 days ago
Persistent: Citi on Persistent Systems Maintains Sell, Target Price ₹4,570; Q2 constant-currency revenue grew 7.8% QoQ, slightly above estimates, but EBIT margin was 15% versus 16% expected; the large-tech deal added ~₹10bn of intangibles, while TTM ACV rose 22% YoY and headcount grew 13%, with slower client decisions prompting 1–2% FY27/28 EPS cuts.
Exchange Update • 20 days ago
PERSISTENT: Q2 REVENUE 46.64B RUPEES VS 43B (QOQ)
Exchange Update • 21 days ago
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Frequently Asked Questions about Persistent

Persistent was founded in 1990 and raised its 1st funding round 10 years after it was founded.

Persistent is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Sandeep Kumar Kalra is the CEO of Persistent, as recorded in our data.

Persistent is a funded company, having raised a total of $18.8M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $1M, raised on Apr 2000.

Persistent has 24,594 employees.

The primary company behind Persistent, Persistent Systems Limited, reported revenue of ₹14,929 Cr for FY 0000, up 24% year on year.

Persistent was established in 1990 in Pune, India, within the IT services sector. A variety of services is delivered, encompassing IT suite solutions, consulting, data analytics, digital transformation, software product engineering, customer experience transformation, cloud and infrastructure management, security, and ERP implementation. Operations extend to clients across global markets, with focus placed on technology integration for business processes.

Persistent offers Application Development, Cloud Infrastructure, Consulting Services, Persistent.AI, and Intelligent Automation.

Yes, Persistent is publicly traded on NSE under the ticker symbol PERSISTENT.

Persistent has made 19 acquisitions, including Arrka, Capiot, and CloudSquads.

Persistent has 3 investors. Key investors include Norwest Venture Partners, Gabriel Venture Partners, and Intel.

Persistent operates through Persistent Systems Limited.

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