Persistent Systems Overview

  • Year Founded
  • 1990

Year Founded

  • Status
  • Public

  • Employees
  • 21,950

Employees

  • Stock Symbol
  • PERSISTENT

Stock Symbol

  • Investments
  • 40

  • Share Price
  • $64.13
  • (As of Friday Closing)

Persistent Systems General Information

Description

Persistent Systems Ltd is an India-based provider of software solutions organized in three segments based on the end market: Software, Hi-Tech, and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare & Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. The majority of the firm's revenue gets derived from the Software, Hi-Tech, and Emerging Industries segments.

Contact Information

Formerly Known As
Persistent Systems Private Limited
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • Bhageerath, 402 East
  • Senapati Bapat Road
  • Pune, Maharashtra 411016
  • India
+91 020
Primary Industry
IT Consulting and Outsourcing
Other Industries
Business/Productivity Software
Stock Exchange
NSE
Vertical(s)
Corporate Office
  • Bhageerath, 402 East
  • Senapati Bapat Road
  • Pune, Maharashtra 411016
  • India
+91 020

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Persistent Systems Stock Performance

As of 14-Feb-2025, Persistent Systems’s stock price is $64.13. Its current market cap is $9.9B with 154M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$64.13 $65.11 $38.90 - $79.61 $9.9B 154M 509K $1.03

Persistent Systems Financials Summary

As of 31-Dec-2024, Persistent Systems has a trailing 12-month revenue of $1.35B.

In Thousands,
USD
TTM 31-Dec-2024 FY 2024 31-Mar-2024 FY 2023 31-Mar-2023 FY 2022 31-Mar-2022
EV 11,437,990 7,123,715 4,149,078 4,647,190
Revenue 1,348,901 1,186,385 1,039,952 766,465
EBITDA 241,702 211,082 187,903 139,866
Net Income 157,717 132,087 114,710 92,660
Total Assets 884,196 812,789 714,654
Total Debt 0 54,096 80,091 76,253
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Persistent Systems Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Persistent Systems Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Persistent Systems Ltd is an India-based provider of software solutions organized in three segments based on the end mar
IT Consulting and Outsourcing
Pune, India
21,950 As of 2024

Hyderabad, India
 

Edison, NJ
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Persistent Systems Competitors (76)

One of Persistent Systems’s 76 competitors is ValueLabs, a Corporation company based in Hyderabad, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ValueLabs Corporation Hyderabad, India
Diaspark Corporation Edison, NJ
Searce Corporation Houston, TX
Fractal Analytics Private Equity-Backed Mumbai, India
AFour Technologies Corporate Backed or Acquired Pune, India
You’re viewing 5 of 76 competitors. Get the full list »

Persistent Systems Patents

Persistent Systems Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230041229-A1 Systems and methods for designing accurate fluorescence in-situ hybridization probe detection on microscopic blood cell images using machine learning Pending 23-Dec-2019
US-20180032605-A1 Integrated intermediary computing device for data analytic enhancement Inactive 10-Mar-2015
US-20160247012-A1 Method and a system for matching fingerprint images obtained from different fingerprint image capturing devices Active 19-Feb-2015
US-9734384-B2 Method and a system for matching fingerprint images obtained from different fingerprint image capturing devices Inactive 19-Feb-2015
EP-3259687-A1 Integrated intermediary computing device for data analytic enhancement Inactive 18-Feb-2015 G06F16/25
To view Persistent Systems’s complete patent history, request access »

Persistent Systems Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Persistent Systems Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Persistent Systems Investments & Acquisitions (40)

Persistent Systems’s most recent deal was a Merger/Acquisition with Arrka. The deal was made on 30-Sep-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Arrka 30-Sep-2024 Merger/Acquisition Business/Productivity Software
SoHo Dragon (Portfolio of Select Assets in New York, New York) 11-Sep-2024 Corporate Asset Purchase Buildings and Property
Starfish Associates 03-Jul-2024 Merger/Acquisition Communication Software
Madhur Iron & Steel 04-Apr-2024 Later Stage VC Construction and Engineering
MediaAgility 25-Mar-2022 Merger/Acquisition Systems and Information Management
You’re viewing 5 of 40 investments and acquisitions. Get the full list »

Persistent Systems ESG

Risk Overview

Risk Rating

Updated December, 10, 2024

17.23 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,120

Rank

Percentile

Software & Services

Industry

of 962

Rank

Percentile

IT Consulting

Subindustry

of 216

Rank

Percentile

To view Persistent Systems’s complete esg history, request access »

Persistent Systems Exits (8)

Persistent Systems’s most recent exit was on 24-Jul-2018 from Cazena. The exit was categorized as with 4 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Cazena 24-Jul-2018 Completed
  • 4 buyers
OpsDataStore 27-Oct-2015 Completed
  • 7 buyers
Trunomi 08-Sep-2015 Completed
  • 5 buyers
Cazena 22-Jul-2015 Completed
  • 5 buyers
CarIQ 26-May-2014 Grant Completed
You’re viewing 5 of 8 exits. Get the full list »

Affiliates

Subsidiaries (3)

Name Industry Location Year Founded
Akumina Nashua, NH 2011
CloudSquads Palo Alto, CA 2009
Starfish Associates Bridgewater, NJ 2005

Persistent Systems FAQs

  • When was Persistent Systems founded?

    Persistent Systems was founded in 1990.

  • Where is Persistent Systems headquartered?

    Persistent Systems is headquartered in Pune, India.

  • What is the size of Persistent Systems?

    Persistent Systems has 21,950 total employees.

  • What industry is Persistent Systems in?

    Persistent Systems’s primary industry is IT Consulting and Outsourcing.

  • Is Persistent Systems a private or public company?

    Persistent Systems is a Public company.

  • What is Persistent Systems’s stock symbol?

    The ticker symbol for Persistent Systems is PERSISTENT.

  • What is the current stock price of Persistent Systems?

    As of 14-Feb-2025 the stock price of Persistent Systems is $64.13.

  • What is the current market cap of Persistent Systems?

    The current market capitalization of Persistent Systems is $9.9B.

  • What is Persistent Systems’s current revenue?

    The trailing twelve month revenue for Persistent Systems is $1.35B.

  • Who are Persistent Systems’s competitors?

    ValueLabs, Diaspark, Searce, Fractal Analytics, and AFour Technologies are some of the 76 competitors of Persistent Systems.

  • What is Persistent Systems’s annual earnings per share (EPS)?

    Persistent Systems’s EPS for 12 months was $1.03.

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