When was PERSISTENT SYSTEMS LIMITED incorporated?

PERSISTENT SYSTEMS LIMITED was incorporated on May 30, 1990. It is registered with the Registrar of Companies, Pune, and its current company status is Active.

What is the Corporate Identification Number (CIN) of PERSISTENT SYSTEMS LIMITED?

PERSISTENT SYSTEMS LIMITED's Corporate Identification Number (CIN) is L72300PN1990PLC056696.

What is the registered address of PERSISTENT SYSTEMS LIMITED?

The registered address of PERSISTENT SYSTEMS LIMITED is BHAGEERATH 402 SENAPATI BAPAT ROAD PUNE, PUNE, Maharashtra, India, 411016.

What is the latest employee count at PERSISTENT SYSTEMS LIMITED?

As of Apr 01, 2026, the latest employee count at PERSISTENT SYSTEMS LIMITED is 23,029, reflecting a 11% year-over-year growth in headcount.

Does PERSISTENT SYSTEMS LIMITED have any loans on it?

PERSISTENT SYSTEMS LIMITED has taken out 12 loans from the financial institutions UNION BANK OF INDIA LIMITED, SINDICATE BANK and THE BANK OF BARODA LIMITED, with a total disclosed borrowing of over ₹464Cr. The largest loan was ₹150Cr from THE BANK OF BARODA LIMITED in May 2019, followed by others ranging from ₹0 to ₹50Cr between Jul 1991 and Aug 2023.

Who are the authorized signatories of PERSISTENT SYSTEMS LIMITED?

As of Jul 2026, the authorized signatories of PERSISTENT SYSTEMS LIMITED include Amit Murari Atre, Sandeep Kumar Kalra and Anand Suresh Deshpande.

PERSISTENT SYSTEMS LIMITED - 2026 Company Profile & Financials

Name: PERSISTENT SYSTEMS LIMITED
Brand: PERSISTENT SYSTEMS LIMITED
Price: 3.99 USD

PERSISTENT SYSTEMS LIMITED is a Public Limited Company and was incorporated on May 30, 1990 in India. It is registered at Registrar of Companies, ROC Pune. Its registered address is BHAGEERATH 402 SENAPATI BAPAT ROAD PUNE, PUNE, Maharashtra, India, 411016. Its corporate identification number is (CIN) L72300PN1990PLC056696 and its current status is Active. Its industry classification as per MCA is data Processing. [This Includes The Processing Or Tabulation Of All Types Of Data. Provision Of Such Services On (I) An Hourly Or Time -Share Basis, And (Ii) Management Or Operation Of Data Processing Facilities Of Others On A Time Sharing Basis; On A Fee Or Contract Basis]. It had a team size of 23029 employees as on Apr 01, 2026.

PERSISTENT SYSTEMS LIMITED's last Annual General Meeting (AGM) was held on Jul 21, 2025 as per records from Ministry of Corporate Affairs (MCA). PERSISTENT SYSTEMS LIMITED's authorised share capital is ₹200Cr and its paid up capital is ₹78.9Cr. The current board of directors of PERSISTENT SYSTEMS LIMITED comprises Sandeep Kumar Kalra, Anand Suresh Deshpande and 8 more.

PERSISTENT SYSTEMS LIMITED generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026.

Key Metrics

CIN

L72300PN1990PLC056696

Location

India

Current Status

Active

Entity Type

Public Limited Company

Date Of Incorporation

May 30, 1990

Company Age

36 Years 1 Month

Registrar of Companies

ROC - Pune

Last AGM Date

Jul 21, 2025

Latest Revenue

₹1,000+ Cr as on Mar 31, 2026

Latest Employee Count

23,029 as on Apr 01, 2026

Authorized Capital

₹200Cr

Paid Up Capital

₹78.9Cr

Email: *****@persistent.com
Registered Address: BHAGEERATH 402 SENAPATI BAPAT ROAD PUNE, PUNE, Maharashtra, India, 411016

There is one brand associated with PERSISTENT SYSTEMS LIMITED which include Persistent .

Name	Short Description	Founded Year	Location	Current Stage
Persistent	Provider of IT suite, consulting, data analytics, and digital transformation services	1990	India	Public

View more details on PERSISTENT SYSTEMS LIMITED's profile

The majority of PERSISTENT SYSTEMS LIMITED's turnover comes from Information and communication.

Main Activity Group Code	Description of Main Activity	Business Activity Code	Description of Business Activity	Turnover Percentage
J	Information and communication	62	Computer programming, consultancy and related activities	xwp

Filing Summary

Here is a summary of filing activity and document availability across financial years:

File Type	FY 24-25	FY 23-24	FY 22-23	FY 21-22	FY 20-21
Financial Statements
Annual Returns					-

Latest Financials, Share Allotment and Annual Report

The latest filed financial documents, annual reports, and share allotment filings are shown below:

Changes to Capital Structure

Buy Now

Recent Filings

Below are the most recent filings submitted by the company:

Document Name	Category	Filing Date
Form MGT-6	Other eForm Documents	May 29, 2026
Copy of order of Court_ NCLT_ NCLAT_ BIFR_ Central Government_ DRT _ any other Competent Authority	Other eForm Documents	May 12, 2026
Form INC-28	Other eForm Documents	May 12, 2026
Form MSME	Other eForm Documents	Apr 29, 2026
Form MGT-6	Other eForm Documents	Apr 07, 2026
Form MGT-6	Other eForm Documents	Mar 04, 2026
Form INC-28	Other eForm Documents	Feb 18, 2026
Copy of order of Court_ NCLT_ NCLAT_ BIFR_ Central Government_ DRT _ any other Competent Authority	Other eForm Documents	Feb 18, 2026
Form MGT-6	Other eForm Documents	Feb 17, 2026
Form MGT-6	Other eForm Documents	Jan 23, 2026

To access all company documents and filings with a single purchase, Buy Financials and Company Filings FY 25 Available

PERSISTENT SYSTEMS LIMITED generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of PERSISTENT SYSTEMS LIMITED has a compounded annual growth rate (CAGR) of 24% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	8803	9491	1508	8209	1275
Total Sales	5491	6021	2523	3868	8595
Total Expenses	8965	1663	2268	7333	5837
Operating Expenses	8577	4452	1960	1861	6585
Employee Expenses	3839	5564	8567	2599	9600
Marketing Expenses	3383	9477	6995	7099	1118
Operating Income (EBIT)	9971	2025	7781	8788	2291
Interest Expenses	8175	9129	8387	9832	2914
Expenses from other activities	1278	5140	8019	5270	5664
Information Technology Expenses	6518	4954	3863	3004	9710
EBITDA	9344	8064	3537	3928	4582
Taxes	5348	2868	5778	8474	7440
Net Profit	9560	9355	9677	7429	9356
Balance Sheet
Assets	4614	1392	8628	3540	2060
Cash Equivalent	6310	8023	6107	4283	4213
Accounts Receivables	8215	7493	2788	5333	1203
Inventory	2444	8067	1694	3624	7890
Liabilities	9798	6423	9928	2620	8145
Total Debt	4422	7282	9052	3578	3161
Accounts Payable	4740	3937	7612	3733	9067
Equities	9815	9414	6112	9672	5112
Cashflow Statement
Cash from Operating activities	8282	6219	8258	3217	6863
Cash from Investing activities	7104	6399	2211	8407	2923
Net cash from Financing activities	1780	2061	4154	9673	7219

To access detailed financial performance and data, Buy Financial Report FY 26 Available

Ratios

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Profitability Ratios
EBITDA Margin	2992	4920	1758	1364	2554
EBIT Margin	7984	2769	2540	6692	3415
Net Profit Margin	8911	8847	2798	2296	7791
Return on Assets (ROA)	9497	4807	2906	4808	5578
Return on Equity (ROE)	1230	5891	3154	6395	3831
Return on Capital Employed	1855	1284	6911	4506	5672
Return on Invested Capital	2125	6767	8333	6342	7794
Efficiency Ratios
Asset Turnover	3304	8912	2777	8975	2735
Receivables Turnover	3265	9955	4505	8789	1241
Days Sales Outstanding	1505	1087	8283	6706	2120
Inventory Turnover	6042	4192	9019	4030	8497
Days Inventory Outstanding	1589	2770	1868	8022	2406
Payables Turnover	7646	2003	8911	5383	9193
Days Payables Outstanding	4003	8148	7875	4852	3322
Liquidity Ratios
Current Ratio	1628	5509	7698	2277	5999
Quick Ratio	5975	7603	9751	9446	3276
Cash Ratio	3072	1983	8211	9138	4693
Coverage Ratios
Cash Flow Coverage Ratio	1324	4849	7955	6196	4837
Debt Ratios
Debt-to-Equity Ratio	5376	3645	1088	3591	1778
Debt Ratio	9843	9245	8770	6258	5156
Net Debt	2458	6899	2425	3523	1459
Interest Coverage Ratio	1970	8559	3171	9734	2207
Debt Service Coverage Ratio	7285	2365	5654	7863	9035
Net Debt/EBITDA	5741	2923	1858	3808	5057
Solvency Ratios
Runway (in months)	3541	1063	6977	7862	8210
Growth Ratios
Revenue Growth Rate (CAGR)	7829	5286	4172	8020	7063
Earnings Growth Rate (CAGR)	2831	1411	4829	3883	2588

To access detailed financial performance and data, Buy Financial Report FY 26 Available

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Compounded Annual Growth Rate of PERSISTENT SYSTEMS LIMITED

Revenue CAGR	Growth
1 Year	24%
3 Year	716
5 Year	388

EBITDA CAGR	Growth
1 Year	31%
3 Year	199
5 Year	384

Disclaimer

There are 110 delayed MSME payments recorded for PERSISTENT SYSTEMS LIMITED during Oct 2025 - Mar 2026.

Here are the details of MSME payment delays for this period:

Supplier Name	Supplier PAN	Amount Due	Due since
Iris Waves Private Limited	3034	7006	1081
Wizertec h Informati cs Pvt Ltd	2330	9185	4007
InvenTeq Software Services	4839	5976	6584
Johnson Health Tech India Private Ltd.	7844	5578	8599
Platino Automoti ve Pvt Ltd	3983	8745	1082
Core Designs	3226	9360	4772
Connexions	2779	1734	6533
The Motwane Manufact uring Company Private Limited	3447	8912	7885
Trident Services Pvt. Ltd.	6264	4479	8996
Amardee p Designs India Pvt Ltd	7912	1531	6224

To access detailed supplier-wise and period-wise MSME payment delay information, Buy Detailed Report

PERSISTENT SYSTEMS LIMITED has taken 12 loans.

Here is a list of loans and charges on PERSISTENT SYSTEMS LIMITED:

As a Borrower

Loan/ Charge ID	Lender Name	Loan Amount	Status	Creation Date	Closure Date
100772698	UNION BANK OF INDIA LIMITED	₹50Cr	xosoghh	Aug 25, 2023	lxghuqd
100294207	UNION BANK OF INDIA LIMITED	₹49.8Cr	bykvsbq	Sep 25, 2019	ztpgmvs
100268344	-	₹50Cr	vzoxxgx	May 21, 2019	hyyayuk
100267056	THE BANK OF BARODA LIMITED	₹150Cr	s{ltbtr	May 15, 2019	jnxmvje
100120998	-	₹35Cr	apauoxv	Aug 18, 2017	tdzpcdu
80005823	-	₹30Cr	zwvfwxu	Oct 25, 2005	pml{bob
90093365	-	₹20Cr	lrnsjsm	Oct 21, 2005	nhznptf
90087461	-	₹15Cr	lxsfinj	Oct 10, 2005	itallrq
80005829	-	₹40Cr	{cxcqob	Dec 01, 2004	rfrjllh
90082724	BANK OF INDIA LIMITED	₹13Cr	zpierje	Mar 31, 2001	iriexya
90085601	BANK OF INDIA LIMITED	₹10.8Cr	kwyhvmf	Jan 02, 2001	txyzeli
90089667	-	-	dfvycqf	Jul 30, 1991	odtnzhu

To access detailed information on a company’s loans, borrowings, & registered charges, Buy Detailed Report

Board of Directors of PERSISTENT SYSTEMS LIMITED

Here is the list of current board of directors of PERSISTENT SYSTEMS LIMITED:

Name	Designation	Status	Appointment Date	Duration
Sandeep Kumar Kalra	Whole-time Director	Current	Jul 24, 2019	6 Years 11 Months
Anand Suresh Deshpande	Managing Director	Current	Jul 24, 2020	5 Years 11 Months
Avani Vishal Davda	Director	Current	Dec 28, 2021	4 Years 6 Months
Dan'l Lewin	Director	Current	Jul 19, 2022	3 Years 11 Months
Ambuj Goyal	Director	Current	Jul 19, 2022	3 Years 11 Months
Arvind Hari Goel	Director	Current	Jul 19, 2022	3 Years 11 Months
Ajit Keshav Ranade	Director	Current	Jul 05, 2023	3 Years
Anjali Joshi	Director	Current	Jul 26, 2024	1 Year 11 Months
Vinit Ajit Teredesai	Whole-time Director	Current	May 22, 2025	1 Year 1 Month
Praveen Purushottam Kadle	Director	Current	May 22, 2025	1 Year 1 Month

To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report

Signatories of PERSISTENT SYSTEMS LIMITED

Here is the list of current signatories of PERSISTENT SYSTEMS LIMITED:

Name	Designation(s)	Status	Appointment Date	Duration
Amit Murari Atre	Company Secretary	Current	Jun 01, 2013	13 Years 1 Month
Sandeep Kumar Kalra	Whole-time Director	Current	Jul 24, 2019	6 Years 11 Months
Anand Suresh Deshpande	Managing Director	Current	Jul 24, 2020	5 Years 11 Months
Avani Vishal Davda	Director	Current	Dec 28, 2021	4 Years 6 Months
Dan'l Lewin	Director	Current	Jul 19, 2022	3 Years 11 Months
Arvind Hari Goel	Director	Current	Jul 19, 2022	3 Years 11 Months
Ambuj Goyal	Director	Current	Jul 19, 2022	3 Years 11 Months
Ajit Keshav Ranade	Director	Current	Jul 05, 2023	3 Years
Anjali Joshi	Director	Current	Jul 26, 2024	1 Year 11 Months
Vinit Ajit Teredesai	Whole-time Director	Current	May 22, 2025	1 Year 1 Month
Praveen Purushottam Kadle	Director	Current	May 22, 2025	1 Year 1 Month

To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report

Cross Directorships of PERSISTENT SYSTEMS LIMITED

PERSISTENT SYSTEMS LIMITED has directors who also hold positions in 42 other legal entities. The top 20 are listed below:

Legal Entity Name	% of Common Directors	Common Director(s)	Open Charge(s)	Active Legal Case(s)
MAHRATTA CHAMBER OF COMMERCE INDUSTRIES AND AGRICULTURE CIN: U01409MH1974NPL017803, India, Active	964	340	119	808
MLL EXPRESS SERVICES PRIVATE LIMITED CIN: U63040MH2006PTC165956, India, Active	486	313	839	298
INTERNATIONAL ASSET RECONSTRUCTION COMPANY PRIVATE LIMITED CIN: U74999DL2002PTC117357, India, Active	636	708	851	185
MAHINDRA LOGISTICS LIMITED CIN: L63000MH2007PLC173466, India, Active	653	106	249	301
Tata International Limited CIN: U51900MH1962PLC012528, India, Active	211	587	205	408
LYMBYC SOLUTIONS PRIVATE LIMITED CIN: U74900MH2012PTC340699, India, Amalgamated	982	892	926	385
DIVGI TORQTRANSFER SYSTEMS LIMITED CIN: L32201MH1964PLC013085, India, Active	925	939	484	532
POWERUPCLOUD TECHNOLOGIES PRIVATE LIMITED CIN: U72200MH2015PTC341225, India, Amalgamated	558	382	822	153
Atul Ltd CIN: L99999GJ1975PLC002859, India, Active	968	641	252	914
PERSISTENT SYSTEMS AND SOLUTIONS LIMITED CIN: U72900PN2008PLC132078, India, Amalgamated	950	186	736	836
NIIT LIMITED CIN: L74899HR1981PLC107123, India, Active	242	617	342	965
KOLTE-PATIL DEVELOPERS LIMITED CIN: L45200PN1991PLC129428, India, Active	770	550	859	179
QUANTUM ADVISORS PRIVATE LIMITED CIN: U65990MH1990PTC055279, India, Active	933	441	548	765
VEEDOL CORPORATION LIMITED CIN: L23209WB1921PLC004357, India, Active	222	585	476	932
AUTOMOTIVE STAMPINGS AND ASSEMBLIES LIMITED CIN: L28932PN1990PLC016314, India, Active	980	780	347	185
DIVGI TORQTRANSFER SYSTEMS LIMITED CIN: L32201MH1964PLC013085, India, Active	703	847	349	717
CUELOGIC TECHNOLOGIES PRIVATE LIMITED CIN: U72200PN2010PTC135420, India, Amalgamated	616	218	139	708
ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED CIN: U74899MH1994PTC166755, India, Active	967	377	594	588
AXAR DIGITAL SERVICES PRIVATE LIMITED CIN: U00892PN2006PTC022357, India, Active	310	632	979	970
GARWARE FULFLEX INDIA PRIVATE LIMITED CIN: U25205MH2020FTC339169, India, Active	470	888	778	909

To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report

PERSISTENT SYSTEMS LIMITED has an employee count of 23029 as on Apr 01, 2026.

Employee count trend for PERSISTENT SYSTEMS LIMITED

Date	Employee Count
Apr 26	23029
Mar 26	311
Feb 26	146
Jan 26	496
Dec 25	935
Nov 25	733
Oct 25	237

Persistent is the only brand associated with PERSISTENT SYSTEMS LIMITED, and here are its Top 10 competitors ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	IBM 1911, Armonk (United States), Public	Provider of hybrid cloud, artificial intelligence, and IT consulting services	-	Berkshire Hathaway, Runway & 22 others	81/100
2nd	Hewlett Packard Enterprise 2015, Houston (United States), Public	Provider of edge-to-cloud solutions, products, and services for enterprise organizations	-	Kleiner Perkins, Draper Athena & 2 others	78/100
3rd	Mindtree 1999, Bengaluru (India), Acquired	Consulting and implementations company	$23.9M	Global Technology Ventures, Walden Israel ... & 9 others	78/100
4th	UST 1999, Aliso Viejo (United States), Late Stage	Provider of data analytics, cloud modernization, management strategy, and digital transformation services	$250M	Temasek, MFAR & 1 others	76/100
5th	Infosys 1981, Bengaluru (India), Public	Provider of consulting, data analytics, and IT services	-	Nepean Capital, ChrysCapital & 1 others	75/100
6th	Deloitte 1845, London (United Kingdom), Series B	Provider of audit, consulting, financial advisory, risk management, and tax services	$21.4M	HILL HOUSE, TechAlliance & 8 others	75/100
7th	Accenture 1989, Dublin (Ireland), Public	Provider of IT consulting, technology, and outsourcing services	-	ngn-capital.com, Bondeinvest.com & 6 others	75/100
8th	EPAM 1993, Newtown (United States), Public	Provider of software development, data analytics, and other IT suite services	$50M	Merifin Capital, VTB Capital Investment Management ... & 8 others	74/100
9th	Virtusa 1996, Westborough (United States), Acquired	IT services company	$45.2M	CRV, EQT & 8 others	73/100
10th	Datamatics 1975, Mumbai (India), Public	Provider of digital technologies, business process management, analytics, and automation services	$3M	IIML	73/100
16th	Persistent 1990, Pune (India), Public	Provider of IT suite, consulting, data analytics, and digital transformation services	$18.8M	Norwest, Gabriel Venture Partners & 7 others	71/100

To view the full list of competitors of Persistent, Buy Detailed Report

Media has covered brands linked with PERSISTENT SYSTEMS LIMITED for a total of 44 events in the last 1 year, 16 of them have been about company updates and 5 about partnerships.