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Persistent Systems

Persistent Systems

Clients Billed (Services)

530

Q3, 2021

Revenue

₹57.1 B

FY, 2022

Market Capitalization

₹245.6 B

2022-09-19

Persistent Systems Summary

Company summary

Overview
Persistent Systems is a company delivering digital engineering and enterprise modernization solutions. It operates through three segments: Technology Services, Alliance, and Accelerite (Products). Persistent's core competencies include digital business strategy, CX innovation and optimization, digital product engineering, core IT modernization, data-driven business and intelligence, and identity, access, and privacy. The company serves the banking, financial services, and insurance, healthcare and life sciences, industrial, software and hi-tech, and telecom and media industries.
Type
Public
Founded
1990
HQ
Pune, IN | view all locations
Website
https://www.persistent.com/
Cybersecurity rating
ESG rating
out of 100 | View all ESG data
Sectors

Key people

  • Anand Deshpande

    Anand Deshpande, Founder, Chairman and Managing Director

  • Sandeep Kalra

    Sandeep Kalra, Chief Executive Officer and Executive Director

  • Sunil Sapre

    Sunil Sapre, Executive Director and Chief Financial Officer

  • Sameer Bendre

    Sameer Bendre, Chief People Officer

Operating MetricsView all

Clients with >$1M, <$3M Annual Revenue

52
8.8%

FY, 2020

Clients Billed (Services)

530
9.7%

Q3, 2021

Clients Billed (IP Led)

142
7.8%

Q3, 2021

LocationsView all

50 locations detected

  • Pune, MH HQ

    India

    402, Senapati Bapat Rd, Shivaji Co operative Housing Society, Bhageerath, Gokhalenagar

  • Alpharetta, GA

    United States

    12600 Deerfield Pkwy Suite 100

  • Bellevue, WA

    United States

    3380 146th Pl SE #220

  • Charlotte, NC

    United States

    10150 Mallard Creek Rd #305

  • Dublin, OH

    United States

    5080 Tuttle Crossing Blvd #150

  • Irvine, CA

    United States

    15375 Barranca Pkwy

and 44 others

Persistent Systems Financials

Summary financials

Revenue (Q1, 2023)
₹18.8B
Gross profit (Q1, 2023)
₹18.8B
Net income (Q1, 2023)
₹2.1B
Cash (Q1, 2023)
₹8.2B
EBIT (Q1, 2023)
₹2.7B
Enterprise value
$245.0B

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