- Total income
- ₹12,077 Cr
- Profit
- ₹1,400 Cr

About Persistent Systems Limited
Data last updated:
Persistent Systems Limited is a public limited company based in Pune, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 30 May 1990 and has been in existence for over 36 years.
Persistent Systems is ranked #226 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Anand Suresh Deshpande is #125 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L72300PN1990PLC056696. Its GSTIN is 09AABCP1209Q1Z6 (Uttar Pradesh). The company holds 19 GST registrations, of which 17 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 533179 and NSE: PERSISTENT.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹82.92 Cr. It was formerly known as Persistent Systems Private Limited. It is led by directors including Anand Suresh Deshpande (Managing Director) and Sandeep Kumar Kalra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 03 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bhageerath 402 Senapati Bapat Road Pune, Maharashtra, India – 411016.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹14,748 Cr, a growth of 23.5% compared to the previous year. For the same year it recorded a net profit of ₹1,927.83 Cr (net margin 13.1%) and EBITDA of ₹2,706.42 Cr (EBITDA margin 18.4%). The net worth stands at ₹7,837.86 Cr (up 24% YoY). Total assets are valued at ₹8,597.44 Cr (up 28.6% YoY).
The company has about 21,208 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 6 brands, including Accelerite, Capiot, PARX, Starfish Associates, Data Glove and others. As per MCA filings, the company has open charges of ₹83.29 Cr and satisfied charges of ₹298.65 Cr on record. Court records list 21 cases involving the company, including 10 filed by the company and 11 filed against it; 7 cases are pending. The company has 47 deals on record (34 market trades, 9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹85.8 Cr; the latest was in July 2025. Its 4 peer companies in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 2 smaller; the largest is Bosch Global Software Technologies Private Limited with revenue of ₹12,677 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website persistent.com.
Company details
Name history
Persistent Systems has undergone 2 name changes throughout its history. The company was previously known as Persistent Systems Private Limited, and Persistent Systems Limited. The current legal name is Persistent Systems Limited.
| Company Name | Status |
|---|---|
| Persistent Systems Limited | Current |
| Persistent Systems Private Limited | Previous |
| Persistent Systems Limited | Previous |
CIN history
Persistent Systems has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L72300PN1990PLC056696, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72300PN1990PLC056696 | Current |
| U72300MH1990PLC056696 | Previous |
| U72300PN1990PLC056696 | Previous |
Recognitions & Rankings of Persistent Systems
- Valuation
- ₹95,940 Cr
- #125 Anand Suresh Deshpande ₹27,100 Cr
Contact details
Persistent Systems Limited's registered office is in Pune, Maharashtra. Its website is persistent.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBhageerath 402 Senapati Bapat Road Pune, Maharashtra, India – 411016
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Persistent Systems Limited, buy the company report.
- 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
Brands
Persistent Systems operates multiple associated brands including Accelerite, Capiot, and PARX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure software for disaster recovery and endpoint management is delivered. | accelerite.com | |
| Cloud based data integration software for enterprises | capiot.com | |
| Digitizing services are provided by PARX in Zurich, Switzerland. | parx.com | |
| Communication management workflows are automated across multi-vendor platforms. | starfishassociates.com | |
| IT service suite solutions are provided globally by Data Glove. | dataglove.com | |
| IT consulting, data analytics, and digital transformation services are provided. | persistent.com |
Business activity
The main business activity of Persistent Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Persistent Systems Limited, buy the company report.
Financials of Persistent Systems Limited
FY 2025-26 filings availablePersistent Systems Limited reported revenue of ₹14,748 Cr (up 23.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 14,748 | 11,939 | 9,822 | 8,351 | 5,711 | 4,188 | 3,566 |
| Revenue growth | +23.5% | +21.6% | +17.6% | +46.2% | +36.4% | +17.5% | - |
| EBITDA | 2,706 | 2,058 | 1,676 | 1,489 | 958 | 683 | 492 |
| EBITDA margin | +18.4% | +17.2% | +17.1% | +17.8% | +16.8% | +16.3% | +13.8% |
| Profit before tax | 2,411 | 1,822 | 1,448 | 1,241 | 924 | 609 | 452 |
| Net profit | 1,928 | 1,390 | 1,070 | 928 | 663 | 417 | 329 |
| Net profit margin | +13.1% | +11.7% | +10.9% | +11.1% | +11.6% | +10.0% | +9.2% |
| EPS (₹) | 118.23 | 89.84 | 70.98 | 120.52 | 90.34 | 58.97 | 44.53 |
| Balance sheet | |||||||
| Total assets | 8,597 | 6,684 | 5,468 | 4,951 | 4,180 | 2,918 | 2,475 |
| Net worth | 7,838 | 6,319 | 4,958 | 3,965 | 3,368 | 2,796 | 2,386 |
| Total debt | 477 | 311 | 451 | 655 | 578 | 98.44 | 71.37 |
| Cash & bank | 1,218 | 1,025 | 1,023 | 903 | 914 | 981 | 457 |
| Net working capital | 3,436 | 2,650 | 1,947 | 1,662 | 1,165 | 1,286 | 852 |
| Cash flow | |||||||
| Cash from operations | 1,767 | 1,157 | 1,302 | 956 | 845 | 736 | 352 |
| Cash from investing | (618) | (517) | (525) | (383) | (971) | (540) | (6.43) |
| Cash from financing | (748) | (628) | (582) | (404) | 182 | (144) | (329) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,664 | 4,303 | 4,056 | 3,778 | 3,581 | 3,334 | 3,242 | 3,062 |
| Revenue growth (YoY) | +30.3% | +29.1% | +25.1% | +23.4% | +23.6% | +21.8% | - | - |
| Other income | 24.45 | 70.64 | 33.49 | 40.50 | 51.78 | 54.66 | 18.36 | 42.63 |
| EBITDA | 633 | 697 | 768 | 644 | 683 | 612 | 584 | 538 |
| EBITDA margin | +13.6% | +16.2% | +18.9% | +17.0% | +19.1% | +18.3% | +18.0% | +17.6% |
| Depreciation | 167 | 115 | 109 | 101 | 100 | 93.78 | 79.10 | 82.12 |
| Interest | 37.57 | 29.14 | 18.68 | 18.96 | 17.98 | 17.06 | 18.46 | 16.32 |
| Profit before tax | 454 | 623 | 674 | 565 | 617 | 555 | 505 | 482 |
| Tax | 102 | 140 | 145 | 126 | 145 | 130 | 109 | 109 |
| Net profit | 352 | 483 | 529 | 439 | 471 | 425 | 396 | 373 |
| EPS (₹) | 22.22 | 30.51 | 33.55 | 27.94 | 30.15 | 27.21 | 25.39 | 23.93 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 14,428 | 11,728 | 6,514 | 5,118 | 3,575 | 2,480 | 2,108 |
| Revenue growth | +23.0% | +80.0% | +27.3% | +43.1% | +44.2% | +17.6% | - |
| EBITDA | 2,377 | 1,615 | 1,331 | 1,124 | 870 | 611 | 433 |
| EBITDA margin | +16.5% | +13.8% | +20.4% | +22.0% | +24.3% | +24.6% | +20.5% |
| Profit before tax | 2,216 | 1,549 | 1,317 | 1,050 | 912 | 668 | 533 |
| Net profit | 1,653 | 1,078 | 981 | 802 | 659 | 479 | 396 |
| Net profit margin | +11.5% | +9.2% | +15.1% | +15.7% | +18.4% | +19.3% | +18.8% |
| EPS (₹) | 103.64 | 72.53 | 63.98 | 51.76 | 89.74 | 66.09 | 53.35 |
| Balance sheet | |||||||
| Total assets | 7,329 | 5,865 | 4,985 | 4,136 | 3,420 | 2,828 | 2,354 |
| Net worth | 6,710 | 5,603 | 4,779 | 3,942 | 3,319 | 2,766 | 2,299 |
| Total debt | 394 | 232 | 151 | 156 | 76.39 | 38.60 | 37.41 |
| Cash & bank | 831 | 676 | 650 | 541 | 660 | 825 | 294 |
| Net working capital | 3,144 | 2,925 | 2,169 | 1,536 | 1,086 | 1,052 | 632 |
| Cash flow | |||||||
| Cash from operations | 1,807 | 717 | 547 | 520 | 586 | 657 | 276 |
| Cash from investing | (729) | (163) | (29.20) | (107) | (393) | (496) | 41.48 |
| Cash from financing | (718) | (517) | (315) | (346) | (223) | (128) | (321) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,494 | 4,118 | 3,958 | 3,718 | 3,493 | 3,258 | 3,188 | 3,002 |
| Revenue growth (YoY) | +28.7% | +26.4% | +24.2% | +23.9% | +22.7% | +21.1% | - | - |
| Other income | 19.39 | 49.95 | 61.76 | 19.62 | 40.13 | 45.63 | 9.90 | 44.69 |
| Total expenses | 3,749 | 3,518 | 3,361 | 3,123 | 2,832 | 2,735 | 2,782 | 2,525 |
| EBITDA | 745 | 599 | 598 | 596 | 661 | 523 | 405 | 476 |
| EBITDA margin | +16.6% | +14.6% | +15.1% | +16.0% | +18.9% | +16.0% | +12.7% | +15.9% |
| Depreciation | 85.65 | 76.26 | 72.48 | 66.30 | 65.92 | 61.59 | 47.08 | 52.15 |
| Interest | 22.94 | 27.20 | 16.85 | 16.60 | 15.11 | 14.24 | 14.73 | 12.21 |
| Profit before tax | 656 | 546 | 570 | 532 | 620 | 493 | 354 | 457 |
| Tax | 173 | 144 | 150 | 145 | 161 | 125 | 72.49 | 131 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,664 | 4,303 | 4,056 | 3,778 | 3,581 | 3,334 | 3,242 | 3,062 |
| Revenue growth (YoY) | +30.3% | +29.1% | +25.1% | +23.4% | +23.6% | +21.8% | - | - |
| Other income | 24.45 | 70.64 | 33.49 | 40.50 | 51.78 | 54.66 | 18.36 | 42.63 |
| EBITDA | 633 | 697 | 768 | 644 | 683 | 612 | 584 | 538 |
| EBITDA margin | +13.6% | +16.2% | +18.9% | +17.0% | +19.1% | +18.3% | +18.0% | +17.6% |
| Depreciation | 167 | 115 | 109 | 101 | 100 | 93.78 | 79.10 | 82.12 |
| Interest | 37.57 | 29.14 | 18.68 | 18.96 | 17.98 | 17.06 | 18.46 | 16.32 |
| Profit before tax | 454 | 623 | 674 | 565 | 617 | 555 | 505 | 482 |
| Tax | 102 | 140 | 145 | 126 | 145 | 130 | 109 | 109 |
| Net profit | 352 | 483 | 529 | 439 | 471 | 425 | 396 | 373 |
| EPS (₹) | 22.22 | 30.51 | 33.55 | 27.94 | 30.15 | 27.21 | 25.39 | 23.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 14,748 | 11,939 | 9,822 | 8,351 | 5,711 | 4,188 | 3,566 |
| Revenue growth | +23.5% | +21.6% | +17.6% | +46.2% | +36.4% | +17.5% | - |
| Other income | 180 | 138 | 128 | 70.62 | 144 | 108 | 132 |
| Total expenses | 12,042 | 9,881 | 8,146 | 6,861 | 4,753 | 3,505 | 3,074 |
| Employee cost | 7,950 | 6,874 | 5,961 | 4,970 | 3,459 | 2,516 | 2,156 |
| EBITDA | 2,706 | 2,058 | 1,676 | 1,489 | 958 | 683 | 492 |
| EBITDA margin | +18.4% | +17.2% | +17.1% | +17.8% | +16.8% | +16.3% | +13.8% |
| Depreciation | 403 | 307 | 309 | 272 | 166 | 176 | 166 |
| Interest | 72.68 | 67.13 | 46.73 | 47.34 | 11.84 | 5.79 | 6.33 |
| Profit before tax | 2,411 | 1,822 | 1,448 | 1,241 | 924 | 609 | 452 |
| Tax | 546 | 422 | 354 | 320 | 234 | 159 | 112 |
| Net profit | 1,928 | 1,390 | 1,070 | 928 | 663 | 417 | 329 |
| Net profit margin | +13.1% | +11.7% | +10.9% | +11.1% | +11.6% | +10.0% | +9.2% |
| EPS (₹) | 118.23 | 89.84 | 70.98 | 120.52 | 90.34 | 58.97 | 44.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 78.88 | 77.93 | 77.03 | 76.43 | 76.43 | 76.43 | 76.43 |
| Reserves & surplus | 7,759 | 6,241 | 4,881 | 3,889 | 3,292 | 2,719 | 2,309 |
| Shareholders' funds (net worth) | 7,838 | 6,319 | 4,958 | 3,965 | 3,368 | 2,796 | 2,386 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 197 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 477 | 311 | 254 | 655 | 578 | 98.44 | 71.37 |
| Total debt | 477 | 311 | 451 | 655 | 578 | 98.44 | 71.37 |
| Total liabilities | 8,597 | 6,684 | 5,468 | 4,951 | 4,180 | 2,918 | 2,475 |
| Assets | |||||||
| Gross block | 5,554 | 4,845 | 4,273 | 4,089 | 3,018 | 1,787 | 1,629 |
| Net block | 2,856 | 2,541 | 2,221 | 2,341 | 1,534 | 457 | 432 |
| Capital work in progress | 37.58 | 77.36 | 33.53 | 16.14 | 107 | 12.18 | 30.34 |
| Investments | 1,615 | 980 | 827 | 640 | 822 | 1,000 | 979 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 3,334 | 2,679 | 1,676 | 1,570 | 948 | 571 | 592 |
| Cash & bank balances | 1,218 | 1,025 | 1,023 | 903 | 914 | 981 | 457 |
| Loans & advances | 1,630 | 982 | 1,185 | 856 | 541 | 481 | 420 |
| Total current assets | 6,183 | 4,687 | 3,884 | 3,330 | 2,404 | 2,033 | 1,469 |
| Total current liabilities | 2,746 | 2,038 | 1,937 | 1,668 | 1,239 | 747 | 617 |
| Net working capital | 3,436 | 2,650 | 1,947 | 1,662 | 1,165 | 1,286 | 852 |
| Total assets | 8,597 | 6,684 | 5,468 | 4,951 | 4,180 | 2,918 | 2,475 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 674 | 663 | 467 | 298 | 242 | 190 | 174 |
| Net cash from operating activities | 1,767 | 1,157 | 1,302 | 956 | 845 | 736 | 352 |
| 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 cash | 401 | 11.89 | 196 | 169 | 55.87 | 51.93 | 16.05 |
| Closing cash | 1,218 | 1,025 | 1,023 | 903 | 914 | 981 | 457 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.06 | 0.07 | 0.12 | 0.17 | 0.11 | 0.03 | 0.02 |
| Long-term debt / equity | 0.04 | 0.03 | 0.06 | 0.10 | 0.08 | 0.02 | 0.01 |
| Interest cover | 3.16 | 3.83 | 3.42 | 3.89 | 1.49 | 1.14 | 1.94 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.84 | 2.62 | 2.35 | 2.35 | 2.38 | 2.45 | 2.33 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 4.91 | 5.48 | 6.05 | 6.63 | 7.52 | 7.20 | 6.58 |
| EPS (₹) | 118.23 | 89.84 | 70.98 | 120.52 | 90.34 | 58.97 | 44.53 |
| Dividend per share (₹) | 40.00 | 35.00 | 26.00 | 50.00 | 31.00 | 20.00 | 12.00 |
| Book value per share (₹) | 496.85 | 405.46 | 321.82 | 518.82 | 440.72 | 365.81 | 312.17 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,494 | 4,118 | 3,958 | 3,718 | 3,493 | 3,258 | 3,188 | 3,002 |
| Revenue growth (YoY) | +28.7% | +26.4% | +24.2% | +23.9% | +22.7% | +21.1% | - | - |
| Other income | 19.39 | 49.95 | 61.76 | 19.62 | 40.13 | 45.63 | 9.90 | 44.69 |
| Total expenses | 3,749 | 3,518 | 3,361 | 3,123 | 2,832 | 2,735 | 2,782 | 2,525 |
| EBITDA | 745 | 599 | 598 | 596 | 661 | 523 | 405 | 476 |
| EBITDA margin | +16.6% | +14.6% | +15.1% | +16.0% | +18.9% | +16.0% | +12.7% | +15.9% |
| Depreciation | 85.65 | 76.26 | 72.48 | 66.30 | 65.92 | 61.59 | 47.08 | 52.15 |
| Interest | 22.94 | 27.20 | 16.85 | 16.60 | 15.11 | 14.24 | 14.73 | 12.21 |
| Profit before tax | 656 | 546 | 570 | 532 | 620 | 493 | 354 | 457 |
| Tax | 173 | 144 | 150 | 145 | 161 | 125 | 72.49 | 131 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 14,428 | 11,728 | 6,514 | 5,118 | 3,575 | 2,480 | 2,108 |
| Revenue growth | +23.0% | +80.0% | +27.3% | +43.1% | +44.2% | +17.6% | - |
| Other income | 167 | 158 | 164 | 73.87 | 132 | 118 | 160 |
| Total expenses | 12,051 | 10,113 | 5,183 | 3,994 | 2,705 | 1,869 | 1,675 |
| Employee cost | 5,875 | 4,876 | 3,835 | 3,142 | 2,188 | 1,409 | 1,103 |
| EBITDA | 2,377 | 1,615 | 1,331 | 1,124 | 870 | 611 | 433 |
| EBITDA margin | +16.5% | +13.8% | +20.4% | +22.0% | +24.3% | +24.6% | +20.5% |
| Depreciation | 266 | 176 | 162 | 134 | 83.76 | 56.68 | 55.51 |
| Interest | 62.80 | 47.47 | 16.98 | 13.10 | 6.88 | 3.82 | 4.45 |
| Profit before tax | 2,216 | 1,549 | 1,317 | 1,050 | 912 | 668 | 533 |
| Tax | 581 | 419 | 331 | 259 | 226 | 163 | 125 |
| Net profit | 1,653 | 1,078 | 981 | 802 | 659 | 479 | 396 |
| Net profit margin | +11.5% | +9.2% | +15.1% | +15.7% | +18.4% | +19.3% | +18.8% |
| EPS (₹) | 103.64 | 72.53 | 63.98 | 51.76 | 89.74 | 66.09 | 53.35 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 78.88 | 77.93 | 77.03 | 76.43 | 76.43 | 76.43 | 76.43 |
| Reserves & surplus | 6,631 | 5,525 | 4,702 | 3,865 | 3,242 | 2,689 | 2,222 |
| Shareholders' funds (net worth) | 6,710 | 5,603 | 4,779 | 3,942 | 3,319 | 2,766 | 2,299 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.19 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 394 | 232 | 151 | 156 | 76.39 | 38.60 | 37.41 |
| Total debt | 394 | 232 | 151 | 156 | 76.39 | 38.60 | 37.41 |
| Total liabilities | 7,329 | 5,865 | 4,985 | 4,136 | 3,420 | 2,828 | 2,354 |
| Assets | |||||||
| Gross block | 2,258 | 1,849 | 1,466 | 1,417 | 1,036 | 835 | 783 |
| Net block | 1,145 | 872 | 604 | 688 | 419 | 276 | 237 |
| Capital work in progress | 37.55 | 76.99 | 32.67 | 15.63 | 107 | 11.23 | 18.55 |
| Investments | 2,604 | 1,777 | 1,670 | 1,403 | 1,308 | 1,415 | 1,354 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 3,201 | 2,525 | 1,683 | 1,050 | 443 | 297 | 288 |
| Cash & bank balances | 831 | 676 | 650 | 541 | 660 | 825 | 294 |
| Loans & advances | 2,464 | 1,511 | 859 | 709 | 508 | 377 | 357 |
| Total current assets | 6,495 | 4,712 | 3,192 | 2,299 | 1,611 | 1,499 | 939 |
| Total current liabilities | 3,351 | 1,787 | 1,022 | 763 | 524 | 447 | 307 |
| Net working capital | 3,144 | 2,925 | 2,169 | 1,536 | 1,086 | 1,052 | 632 |
| Total assets | 7,329 | 5,865 | 4,985 | 4,136 | 3,420 | 2,828 | 2,354 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 364 | 326 | 124 | 56.37 | 86.27 | 53.26 | 56.51 |
| Net cash from operating activities | 1,807 | 717 | 547 | 520 | 586 | 657 | 276 |
| 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 cash | 360 | 37.77 | 202 | 67.28 | (29.91) | 33.01 | (3.25) |
| Closing cash | 831 | 676 | 650 | 541 | 660 | 825 | 294 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 / equity | 0.05 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.01 |
| Long-term debt / equity | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.00 |
| Interest cover | 2.97 | 3.30 | 1.45 | 1.32 | 0.87 | 0.69 | 1.18 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 7.02 | 7.07 | 4.52 | 4.17 | 3.82 | 3.07 | 2.80 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 5.04 | 5.57 | 4.77 | 6.86 | 9.67 | 8.48 | 7.94 |
| EPS (₹) | 103.64 | 72.53 | 63.98 | 51.76 | 89.74 | 66.09 | 53.35 |
| Dividend per share (₹) | 40.00 | 35.00 | 26.00 | 25.00 | 31.00 | 20.00 | 12.00 |
| Book value per share (₹) | 425.38 | 359.50 | 310.20 | 257.88 | 434.27 | 361.86 | 300.76 |
To see the full year-wise statements and ratios of Persistent Systems Limited, buy the company report.
Board of directors of Persistent Systems Limited
Persistent Systems has 10 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Kumar Kalra | Whole-Time Director | 11 Jun 2019 | 7 Years 4 Months | Current |
| Avani Vishal Davda | Director | 28 Dec 2021 | 4 Years 10 Months | Current |
| Anand Suresh Deshpande Also directs: Mahratta Chamber of Commerce Industries and Agriculture, Icga Foundation, Rama - Purushottam Foundation and 3 more | Managing Director | 19 Oct 1990 | 36 Years 0 Months | Current |
| Praveen Purushottam Kadle Also directs: Shivakrtih Realtors LLP, Veedol Corporation Limited, Divgi Torqtransfer Systems Limited and 5 more | Director | 23 Apr 2020 | 6 Years 6 Months | Current |
| Arvind Hari Goel | Director | 07 Jun 2022 | 4 Years 5 Months | Current |
| Ambuj Goyal | Director | 07 Jun 2022 | 4 Years 5 Months | Current |
Peer comparison
Persistent Systems Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Persistent Systems Limitedthis company | ₹14,748 Cr (FY 2026) | ₹1,927.83 Cr | 13.1% | 23.5% | 21,208 | Pune, Maharashtra, India |
| Bosch Global Software Technologies Private Limited | ₹12,677 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Coforge Limited | ₹12,215 Cr (FY 2025) | 35.0% | Haryana, India | |||
| Hexaware Technologies Limited | ₹12,049 Cr (FY 2024) | 16.0% | Thane, Maharashtra, India | |||
| Sonata Software Limited | ₹10,228 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Persistent Systems Limited, buy the company report.
Auditor
Persistent Systems Limited is audited by B S R & Co. LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2026 | 101248 W/W-100022 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 30.30%, foreign institutional investors hold 20.80%, domestic institutional investors hold 30.20% and retail and other public shareholders hold 18.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 30.30% | 30.30% | 30.30% | 30.60% |
| Public | 69.70% | 69.70% | 69.70% | 69.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2019 | 100267056 | Others | ₹68.29 Cr | Open | |
| 10 Oct 2005 | 90087461 | Citi Bank N.A. | ₹15 Cr | Open | |
| 25 Aug 2023 | 100772698 | Others | ₹50 Cr | Satisfied | |
| 25 Sep 2019 | 100294207 | Others | ₹49.8 Cr | Satisfied | |
| 21 May 2019 | 100268344 | State Bank of India | ₹50 Cr | Satisfied |
To see the full charge records of Persistent Systems Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Persistent Systems Limited has 47 deals on record (34 market trades, 9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹85.8 Cr; the latest was in July 2025.
Deals on record (5 of 47)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Market trade | ₹1,855.06 Cr | Buyer: Liesha Corporation Private Limited , GIC Singapore, an individual Seller: Liesha Corporation Private Limited , Copthall Mauritius Investment Limited, an individual |
| Oct 2023 | Secondary share transfer | Undisclosed | Seller: HDFC Asset Management Company Limited |
| Jun 2017 | Market trade | ₹99.57 Cr | Buyer: Icici Lombard General Insurance Company Limited Seller: Rama - Purushottam Foundation |
| May 2017 | Market trade | ₹86.9 Cr | Buyer: Government Pension Fund Global Seller: Rama - Purushottam Foundation |
| Nov 2016 | Market trade | ₹10.27 Cr | Buyer: Dhoot Industrial Finance Limited Seller: an individual |
To see the full deal history of Persistent Systems Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Persistent Systems Limited has 21 court cases on record: 10 filed by Persistent Systems, 11 filed against it. 7 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 8 | 6 |
| District courts | 5 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Bharti Airtel Ltd | Disposed |
| High Court | Tax appeal | Filed by the company against The Assistant Commissioner of Income Tax Circle 4, Pune | Pending |
| High Court | Tax appeal | Filed by the company against Assessment Unit-Income Tax Department-Nfac and 1 other | Pending |
| High Court | Tax appeal | Filed by the company against The Assistant Commissioner of Income Tax, Circle 4, Pune | Pending |
| High Court | Tax appeal | Filed by the company against The Assistant Commissioner of Income Tax Circle 4, Pune, | Pending |
To see the full case history of Persistent Systems Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Persistent Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Persistent Systems has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mediaagility India Private Limited | U72200HR2010PTC041548 | |
| Capiot Software Private Limited, India | U72200TG2014PTC095033 |
To see the full group structure of Persistent Systems Limited, buy the company report.
Employees & EPFO
Persistent Systems Limited has a workforce of 21,208 employees on its EPFO records as of Jan 07, 2026, across 2 active EPFO establishments.
GST
Persistent Systems has 19 GST registrations: 17 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCP1209Q1Z6 | Uttar Pradesh | Active | 01 Jul 2017 |
| 23AABCP1209Q1ZG | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AABCP1209Q1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 29AABCP1209Q1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Persistent Systems Limited, buy the company report.
Recent activity
Persistent Systems Limited has 55 board changes on record since 1990: 33 appointments and 22 cessations. The latest: Vinit Ajit Teredesai was appointed as Whole-Time Director on 24 Apr 2025.
73 earlier events are in the company report.
News
Frequently asked questions
Persistent Systems is an active public limited company based in Pune, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 30 May 1990 (36+ years old) and is registered under CIN L72300PN1990PLC056696. Listed on BSE: 533179 and NSE: PERSISTENT.
Persistent Systems reported revenue of ₹14,748 Cr for FY 2025-26 (up 23.5% YoY) based on consolidated financials.
Persistent Systems has 10 current directors:
- Anand Suresh Deshpande - Managing Director
- Sandeep Kumar Kalra - Whole-Time Director
- Vinit Ajit Teredesai - Whole-Time Director
- Avani Vishal Davda - Director
- Praveen Purushottam Kadle - Director
- Arvind Hari Goel - Director
- Ambuj Goyal - Director
- Danl Lewin - Director
- Anjali Joshi - Director
- Ajit Keshav Ranade - Director
The latest financial statements of Persistent Systems on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 03 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Persistent Systems is 09AABCP1209Q1Z6, registered in Uttar Pradesh. The company has 19 GST registrations in all, of which 17 are active and 2 are cancelled or inactive. Other active GSTINs include 23AABCP1209Q1ZG (Madhya Pradesh), 27AABCP1209Q1Z8 (Maharashtra), 29AABCP1209Q1Z4 (Karnataka).
The CIN (Corporate Identification Number) of Persistent Systems is L72300PN1990PLC056696. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Persistent Systems is a listed company as per MCA records. Its shares are listed on both BSE (code: 533179) and NSE (symbol: PERSISTENT).
Persistent Systems has 21 court cases on record: 10 filed by the company and 11 filed against it. 7 are pending. Most are in the high courts.
Persistent Systems was incorporated on 30 May 1990, making it 36+ years old. It is registered with the Registrar of Companies, Pune.
Persistent Systems has 47 deals on record (34 market trades, 9 secondary share transfers, 3 funding rounds), with disclosed funding of ₹85.8 Cr; the latest was in July 2025.
The peers of Persistent Systems by revenue are Bosch Global Software Technologies Private Limited, Coforge Limited, Hexaware Technologies Limited, Sonata Software Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

