Company Intelligence Profile
Persistent Systems Limited
Persistent Systems Limited is a Pune-headquartered, NSE/BSE-listed IT services and digital engineering company providing software product engineering, cloud, data & AI, enterprise application (Salesforce, SAP), and digital transformation services globally.
Last updated 20 August 2026
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Persistent Systems Limited |
|---|---|
| CIN | L72300PN1990PLC056696 |
| PAN | AABCP1209Q |
| Status | Active |
| Listing | Yes — Listed (BSE: 533179, NSE: PERSISTENT). Confirmed by TheCompanyCheck and general market knowledge. |
| Incorporated | 30 May 1990 |
| ROC | RoC Pune, Maharashtra |
| Sector (NIC) | IT/Computer-related services; NIC activity described as "Computer programming, software development and other related services" / "Computer programming, consultancy and related activities" — sector confirmed, exact NIC code not obtained |
| Registered address | Bhageerath, 402, Senapati Bapat Road, Pune, Maharashtra – 411016, India |
| Authorized capital | ₹200 crore |
| Paid-up capital | ₹78.88 crore |
Business Overview
Confirmed- Persistent Systems Limited is a Pune-headquartered, NSE/BSE-listed IT services and digital engineering company providing software product engineering, cloud, data & AI, enterprise application (Salesforce, SAP), and digital transformation services globally
- It serves industries including banking/financial services, healthcare & life sciences, technology, and telecom, and owns product brands/subsidiaries such as Accelerite, Capiot, PARX, Starfish Associates and Data Glove
Directors & DINs
ConfirmedBoard (per Falconebiz, which lists DINs — best source for this field; ~10 current directors per TheCompanyCheck):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Anand Suresh Deshpande | 00005721 | Managing Director | - |
| Sandeep Kumar Kalra | 02506494 | Whole-time Director/CEO | - |
| Vinit Ajit Teredesai | 03293917 | Whole-time Director/CFO | - |
| Praveen Purushottam Kadle | 00016814 | Director | - |
| Avani Vishal Davda | 07504739 | Director | - |
| Arvind Hari Goel | 02300813 | Director | - |
| Ambuj Goyal | 09631525 | Director | - |
| Dan'l Donn Lewin | 09631526 | Director | - |
| Ajit Keshav Ranade | 00918651 | Director | - |
| Anjali Joshi | 10661577 | Director | - |
Financials
Partial / conflictingConsolidated, FY ended 31 March 2026:
| Revenue | ₹14,748 crore (+24% YoY from ₹11,939 crore in FY2025) |
|---|---|
| EBITDA/Operating Profit | ₹2,796 crore per Screener |
| Net Profit (PAT) | ₹1,865 crore (+33% YoY) |
| Net Worth | ₹7,759 crore (Screener) / ₹7,837.86 crore — minor conflict, both ~₹7.7-7.8k crore |
| Borrowings | ₹477 crore (Screener) vs "zero debt/-100% YoY" per Tofler's earlier FY2025 snapshot — conflicting; treat borrowings figure as partial/unconfirmed |
| Total Assets | ₹11,377 crore |
Standalone figures not obtained. Tofler's own FY2025 snapshot (revenue "over ₹500 Cr", various % deltas) appears to be a truncated/partial extract inconsistent with the ₹11,939 crore FY2025 figure corroborated by Screener — the ₹500 Cr figure is disregarded as unreliable.
Charges & Borrowings
Partial / conflictingConflicting reports across sources:
- Tofler (accessed 12 Aug 2026 per its own timestamp): "The company has no registered charges"
- TheCompanyCheck: "Open Charges: ₹215 crore; Satisfied Charges: ₹248.65 crore"
This is a direct source conflict — reported as such rather than resolved. Current debt/borrowings noted separately under financials also conflicts. Recommend independent MCA charge-index verification before publishing charge figures.
Legal / Litigation
Partial / conflicting- Indian Kanoon search results: Persistent Systems appears primarily in transfer-pricing/income-tax matters before the Income Tax Appellate Tribunal (ITAT), most commonly as a "comparable company" cited in other companies' transfer-pricing disputes, rather than as the primary litigant in commercial disputes
- Named case: DCIT, Circle-4, Pune vs Persistent Systems Pvt Ltd (order dated 23 Dec 2016, ITAT Pune)
- No major commercial, criminal, or shareholder litigation was found in this pass
Competitors
Partial / conflictingFrequently Asked Questions
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