About Persyst Systems
Persyst Systems is a company based in Chennai (India) founded in 2019. It offers IT consulting, development, automation, testing, and cloud services to industries. It operates on a B2B and SaaS model. Its Indian entity Persyst Systems Private Limited reported revenue of ₹42.6 Lakh. Persyst Systems offers products and services including IT Consulting, Software Development, Automation Services, Cloud Services, and Testing Services. Its focus areas include Life Sciences, Enterprise Resource Planning, Document Management and Finance. Similar companies include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture and 4 more; 3 of its 9 listed similar companies have raised funding.
Company details
Persyst Systems is an IT services provider specializing in automation-led solutions for enterprises. They deliver custom development, system architecture design, business analysis, and support services to help businesses grow. Operating from Chennai, India, and Dubai, UAE, they serve sectors like banking and life sciences with dedicated teams and extensive technology expertise, ensuring strategic value through innovation and commitment.
- Headquarters Chennai, India
- Email••••••••
- Website persystsystems.com
- Legal Name Persyst Systems Private Limited
- Date of Incorporation 15 Nov, 2019
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹42.6 Lakh
FY 2024 · -78% YoY
- Net Loss-₹8.1 Lakh
FY 2024 · -19% margin
- EBITDA-₹6.5 Lakh
FY 2024 · -15% margin
Associated legal entities of Persyst Systems
Persyst Systems operates through Persyst Systems Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Persyst Systems Private Limited CIN U72900TN2019PTC132585 | Active | 15 Nov 2019 | Chennai, Tamil Nadu | ₹0.4 Cr | – | 4 | View details |
Products & Services of Persyst Systems
Persyst Systems offers a comprehensive portfolio of products and services, including IT Consulting, Software Development, Automation Services, Cloud Services, and Testing Services.
Provides strategic IT advice for business growth and innovation
Delivers custom software solutions to enhance enterprise operations
Implements business process automation for efficiency and testing
Offers cloud architecture and migration for secure data management
Conducts application testing for performance and security validation
Board of directors of Persyst Systems Private Limited (Persyst Systems)
Persyst Systems Private Limited is the primary company behind Persyst Systems. The board of Persyst Systems Private Limited currently have 4 directors; the longest-serving is Suryanarayana Vangara, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suryanarayana Vangara DIN 08354114 | Director | 15 Nov 2019 | 6 yrs 11 mo | Persyst Systems Private Limited |
| Rajabather Lakshminarasimhan DIN 08612179 | Managing Director | 15 Nov 2019 | 6 yrs 11 mo | Persyst Systems Private Limited |
| Hari Babu Thulluri DIN 01746613 | Director | 15 Nov 2019 | 6 yrs 11 mo | Persyst Systems Private Limited |
| Suresh Babu DIN 09156883 | Director | 22 Oct 2021 | 4 yrs 11 mo | Persyst Systems Private Limited |
Financials of Persyst Systems
Figures of Persyst Systems Private Limited, the primary company behind Persyst Systems, for FY 2024. Revenue was ₹42.6 Lakh (-78% year on year). Net loss was -₹8.1 Lakh (-19% margin). EBITDA was -₹6.5 Lakh (-15% margin). Revenue has grown at a compounded annual rate of -4% over three years.
- ₹42.6 LakhRevenue · FY 2024 · -78% YoY
- -₹8.1 LakhNet loss · -19% margin
- -₹6.5 LakhEBITDA · -15% margin
- ₹5 LakhPaid-up capital
- -4%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Persyst Systems Private Limited are on its company page.
Detailed financial statements for Persyst Systems
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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Verified entity values are shown only after access is granted.
Similar companies to Persyst Systems
Persyst Systems has 9 listed similar companies in our database, 3 of them funded. They include UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | – | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed similar companies of Persyst Systems
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Frequently Asked Questions about Persyst Systems
Persyst Systems was founded in 2019.
Persyst Systems is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Persyst Systems, Persyst Systems Private Limited, reported revenue of ₹42.6 Lakh for FY 2024, down 78% year on year.
Persyst Systems is an IT services provider specializing in automation-led solutions for enterprises. They deliver custom development, system architecture design, business analysis, and support services to help businesses grow. Operating from Chennai, India, and Dubai, UAE, they serve sectors like banking and life sciences with dedicated teams and extensive technology expertise, ensuring strategic value through innovation and commitment.
Persyst Systems's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
Persyst Systems offers IT Consulting, Software Development, Automation Services, Cloud Services, and Testing Services.
Persyst Systems operates through Persyst Systems Private Limited.
The legal entities of Persyst Systems currently have 4 directors, including Suryanarayana Vangara, Rajabather Lakshminarasimhan, Suresh Babu and others.