P
Persistent Systems Ltd
IT - Software
₹ 5,411.00 +280.00 (5.46%)
₹ 5,411.00 +280.00 (5.46%)
- NSE
- BSE
Overview
- BSE Code 533179
- NSE Symbol PERSISTENT
- ISIN Demat INE262H01021
- Book Value (₹) 381.99
- Face Value (₹) 5.00
- Market Cap (₹ Cr.) 79,814.83
- P/E (TTM) 62.30
- EPS (TTM) 81.92
- Div Yield (%) 0.68
Performance
Today’s Low 5,362.00
Today’s High 5,449.00
52W Low 4,148.95
52W High 6,788.90
Open 5,440.00
Prev. Close 5,131.00
Volume 4,79,409.00
Corporate Actions
Persistent Systems Limited - Analysts/Institutional Investor Meet/Con. Call Updates
Apr 26, 2025Persistent Systems Limited has informed the Exchange about Presentation
About Persistent Systems Ltd
History
Persistent Systems Limited is a trusted partner for digital engineering and enterprise modernisation. They work with software companies and enterprises to provide technical expertise and industry experience, helping clients gain a competitive edge. The company supports its partners throughout the product lifecycle, using proprietary techniques and services to accelerate time-to-market. Initially incorporated as Persistent Systems Private Limited in 1990, the company became a public limited company in 2007. Focusing on telecommunications, life sciences, and infrastructure, they invested in cloud computing, analytics, enterprise collaboration, and enterprise mobility. During 2003-04, Persistent Systems expanded globally, opening branch offices in the UK, Japan, the Netherlands, and Singapore. In 2005-06, they gained complete control of Control Net (India) Private Limited and CloudSquads Inc., enhancing their social community deployment and integration capabilities. In 2010, the company was listed on the BSE and NSE with an IPO of ₹168.01 crore. During FY 2014, the company established branch offices in Germany and South Africa and a subsidiary in Malaysia to diversify geographically. In 2015, they conducted a bonus issue, allotting 40 million equity shares to shareholders. In 2015 and 2016, Persistent Systems gained complete control of IoT platform assets from Intel and CloudPlatform assets from Citrix, expanding their bringing forths. They were recognised as the 'Appian Regional Partner of the Year' in 2016, emphasising speed and innovation in digital transformation. During FY 2018, the company continued its growth through strategic collaborations, including a partnership with Salesforce and the acquisition of 'PARX,' a Salesforce consulting company. In 2022, they gained complete control of Data Glove, a Microsoft Cloud Modernization Services Partner. In 2023, Persistent Systems launched GenAI-led bringing forths for software engineering, legacy modernisation, digital assistants, and vertical-specific solutions. They established a task force to develop proof-of-concept solutions, gaining early access to Generative AI tools from major partners. Persistent Systems Inc., the company's wholly-owned subsidiary, formed a subsidiary in Poland in April 2023. In January 2023, they inaugurated the Ramanujan Learning and Development facility in Pune, showcasing their commitment to continuous improvement.Business Segments
- Digital Strategy and Design:Partner with Persistent to create a digital strategy and design that aligns with your enterprise goals and industry transformation.
- Software Product Engineering:Persistent Systems specialises in developing and maintaining software systems and solutions for various industries, including banking, financial services, insurance, healthcare, life sciences, industrial, software, telecom, and media.
- CX Transformation:The organization assists clients in delivering world-class customer experiences, particularly in the banking, financial services, and insurance sectors.
- Cloud and Infrastructure:Persistent Systems offers cloud and infrastructure services to help organizations optimise operations and drive business growth.
- Intelligent Automation:The company delivers intelligent automation solutions to streamline processes and improve operational efficiency.
- Open Source Hub:The company offers solutions and services related to open-source technologies, contributing to the development and implementation of open-source software
- Enterprise IT Security:Persistent Systems offers services to ensure the security of enterprise information technology systems.
- Data and Analytics:The company delivers data and analytics services to help businesses derive insights and make informed decisions.
- Enterprise Applications and Integration Services:Persistent Systems offers services to help businesses integrate and optimise enterprise applications.
- MediaAgility Inc.:MediaAgility is one of the foremost cloud-based customer experience (CX) management solution provider. It helps businesses automate and optimise customer interactions across various channels, including social media, email, and chat.
- Accelerite:Accelerite is a value-added reseller and integrator of cloud-based solutions, specialising in Salesforce. It helps enterprises implement, customise, and manage Salesforce solutions to drive sales, marketing, and customer service success.
- Shree Infosoft Pvt. Ltd.:Shree Infosoft offers IT infrastructure and IT-enabled services (ITES) to businesses in India. It is a wholly-owned subsidiary of Persistent Systems.
Key Personnel
Dr. Anand Deshpande, Chairman and Managing Director Dr. Anand Deshpande has been the Founder, Chairman, and Managing Director of Persistent Systems since the beginning, leading the company's overall direction. Anand was pivotal in steering Persistent Systems from its inception in 1990 to its current status as a globally traded company. Before starting Persistent Systems, Anand initiated his career at Hewlett-Packard Laboratories in Palo Alto, California, working as a member of Technical Staff from May 1989 to October 1990. Beyond his role at Persistent Systems, Anand is actively involved in various professional and non-profit organizations.Corporate Actions
Bonus Persistent Systems Limited issued a 1:1 bonus on March 10, 2015, with a record date of March 11, 2015.| Founded | : 1990 |
| Chairman | : Anand Deshpande |
| Managing Director | : Anand Deshpande |
| Address | : Bhageerath, 402 Senapati Bapat Road, Pune, Maharashtra, 411016, |
| HO Tel | : 91-20-30242000 |
Frequently Asked Questions
What is the price of Persistent Systems Ltd share today? +
How to buy stock of Persistent Systems Ltd? +
What is the 52 Week High and Low of Persistent Systems Ltd? +
What is the PE ratio of Persistent Systems Ltd? +
What is the Market Cap of Persistent Systems Ltd? +
Open A Free Demat Account Today
Get StartedDocuments To Be Kept Handy
- PAN Card
- Cancelled Cheque
- Latest 6 month Bank Statement (Only for Derivatives Trading)