About Persist IT Services Private Limited
Data last updated:
Persist IT Services Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 31 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U80903GJ2007PTC051000. Its GSTIN is 24AACCV5640A1ZT (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Vision Career Technology Private Limited. It is led by directors Patel Kantibhai Chetan and Patel Chetan Tina.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Gandhinagar, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.7 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹2.97 Lakh (net margin -38.6%) and EBITDA of -₹2.87 Lakh (EBITDA margin -37.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website persist.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No 609/A Megh Malhar, Complex Plot No 16 Sector No 11, Gandhinagar, Gujarat, India – 382010
- IndustryEducation, Corporate Training & Development
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Persist IT Services Private Limited
The main business activity of Persist IT Services is education. In detail, this covers higher education, technical & vocational education.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| P | Education | P2 | Higher education, technical & vocational education | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Persist IT Services Private Limited FY 2025 filings available
Persist IT Services Private Limited reported revenue of ₹7.7 Lakh (down 87% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Persist IT Services Private Limited
Revenue fell 87% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 7% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Persist IT Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹2.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.97 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Persist IT Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -37.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -38.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Persist IT Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Persist IT Services Private Limited
Persist IT Services Private Limited is compared with the companies closest to it by revenue in the Education industry (Corporate and Commercial Training). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nexaglobal Career Sculptors Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Winlabs Enterprises Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Yashaswi Academy for Talent Management Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Orinthia Education Foundation | •••• | •••• | •••• | •••• | - | Farrukhabad, Uttar Pradesh, India |
| Fittestwarrior Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Persist IT Services Private Limited this company | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
| Shark Overseas Education Link Private Limited | •••• | •••• | •••• | •••• | - | Bhalswa, Delhi, India |
| Rohnik Hospitality Services Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Bong Bong Academy Private Limited | •••• | •••• | •••• | •••• | - | Barasat - I, West Bengal, India |
| Slate and Ladder Education Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Ficusoft Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Persist IT Services by revenue in the Education industry (Corporate and Commercial Training), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Persist IT Services Private Limited
Persist IT Services Private Limited is audited by PJNDV & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PJNDV & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Persist IT Services Private Limited
Persist IT Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Patel Kantibhai Chetan | Director | 31 May 2007 | 19 Years 4 Months | Current |
| Patel Chetan Tina | Director | 31 May 2007 | 19 Years 4 Months | Current |
Ownership and Shareholding of Persist IT Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Persist IT Services Private Limited
Persist IT Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Persist IT Services Private Limited
Employment history and EPFO contributions of people linked to Persist IT Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Persist IT Services Private Limited
Persist IT Services Private Limited has 2 board changes on record since 2007: 2 appointments. The latest: Patel Chetan Tina was appointed as Director on 31 May 2007.
Credit Ratings, Litigation & Regulatory Alerts for Persist IT Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Persist IT Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Persist IT Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Persist IT Services Private Limited
Persist IT Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCV5640A1ZT | Gujarat | Active | 07 Apr 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Persist IT Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Persist IT Services Private Limited
Persist IT Services is an active private limited company based in Gandhinagar, Gujarat, India. The company works in corporate training and development, within the education industry. It was incorporated on 31 May 2007 (19+ years old) and is registered under CIN U80903GJ2007PTC051000.
Persist IT Services reported revenue of ₹7.7 Lakh for FY 2024 (down 87% YoY).
Persist IT Services has 2 current directors:
- Patel Kantibhai Chetan - Director
- Patel Chetan Tina - Director
Persist IT Services reported a net loss of ₹2.97 Lakh (net margin -38.6%) and EBITDA of -₹2.87 Lakh (EBITDA margin -37.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Persist IT Services is 23% over three years and 8% over five years. In the latest year (FY 2024) revenue fell 87%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Persist IT Services is 24AACCV5640A1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Persist IT Services is U80903GJ2007PTC051000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Persist IT Services was incorporated on 31 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Persist IT Services by revenue are Nexaglobal Career Sculptors Private Limited, Winlabs Enterprises Private Limited, Yashaswi Academy for Talent Management Private Limited, Orinthia Education Foundation, Fittestwarrior Private Limited and 5 more, all in the Education industry (Corporate and Commercial Training).
Patel Chetan Tina was appointed as Director on 31 May 2007. Patel Kantibhai Chetan was appointed as Director on 31 May 2007.
Persist IT Services can be reached through the website persist.co.in. Its registered office is in Gandhinagar, Gujarat, India.