Persistent Systems Profile
Key Indicators
- Authorised Capital ₹ 200.00 Cr
- Paid Up Capital ₹ 77.03 Cr
- Company Age 34 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 215.00 Cr
- Satisfied Charges ₹ 248.65 Cr
- Revenue Growth 40.01%
- Profit Growth 15.35%
- Ebitda 32.57%
- Net Worth 18.76%
- Total Assets 24.20%
About Persistent Systems
Persistent Systems Limited (PSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 May 1990 and has a history of 34 years and eight months. Its registered office is in Pune, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533179 and on the National Stock Exchange(NSE) under PERSISTENT.
The Corporate was formerly known as Persistent Systems Private Limited. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 77.03 Cr.
The company currently has active open charges totaling ₹215.00 Cr. The company has closed loans amounting to ₹248.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Persistent Systems Limited India are Sandeep Kalra as Ceo, Vinit Teredesai as Cfo, and Amit Atre as Company Secretary. Avani Davda, Sunil Sapre, Sandeep Kalra, and Seven other members serve as directors at the Company.
Company Details
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Location
Pune, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
L72300PN1990PLC056696
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Company No.
056696
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Stock Symbol
BSE : 533179 NSE : PERSISTENT
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
30 May 1990
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Date of AGM
18 Jul 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Persistent Systems?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sandeep Kalra | CEO | 23-Oct-2020 | Current |
Vinit Teredesai
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CFO | 13-Jun-2024 | Current |
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Anand Deshpande
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Managing Director | 19-Oct-1990 | Current |
| Amit Atre | Company Secretary | 01-Jun-2013 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sunil Sapre
|
Whole-Time Director | 27-Jan-2018 | Current |
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Roshini Bakshi
|
Director | 26-Jul-2014 | Current |
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Avani Davda
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Director | 28-Dec-2021 | Current |
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Arvind Goel
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Director | 07-Jun-2022 | Current |
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Ajit Ranade
|
Director | 06-Jun-2023 | Current |
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Praveen Kadle
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Director | 23-Apr-2020 | Current |
Financial Performance of Persistent Systems.
Persistent Systems Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.01% increase. The company also saw a substantial improvement in profitability, with a 15.35% increase in profit. The company's net worth Soared by an impressive increase of 18.76%.
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What is the Ownership and Shareholding Structure of Persistent Systems?
In 2023, Persistent Systems had a promoter holding of 31.26% and a public holding of 68.74%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Tata International LimitedPraveen Kadle is a mutual person
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Tata Ficosa Automotive Systems Private LimitedArvind Goel is a mutual person
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Tata Autocomp Katcon Exhaust Systems Private LimitedArvind Goel is a mutual person
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Taco Prestolite Electric Private LimitedArvind Goel is a mutual person
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Mccia Electronic Cluster FoundationSunil Sapre is a mutual person
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Kirloskar Oil Engines LimitedArvind Goel is a mutual person
Charges (Loans)
₹215.00 Cr
₹248.65 Cr
Charges Breakdown by Lending Institutions
- Others : 200.00 Cr
- Citi Bank N.A. : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Aug 2023 | Others | ₹50.00 Cr | Open |
| 15 May 2019 | Others | ₹150.00 Cr | Open |
| 10 Oct 2005 | Citi Bank N.A. | ₹15.00 Cr | Open |
| 25 Sep 2019 | Others | ₹49.80 Cr | Satisfied |
| 21 May 2019 | State Bank Of India | ₹50.00 Cr | Satisfied |
How Many Employees Work at Persistent Systems?
Persistent Systems has a workforce of 20249 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Persistent Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Persistent Systems's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
