Persistent Systems
Financials
Estimates*
INR | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|---|---|
Revenues | 41.9b | 57.1b | 83.5b | 98.2b | 115.7b | 135.2b | 158.7b |
% growth | 17 % | 36 % | 46 % | 18 % | 18 % | 17 % | 17 % |
EBITDA | 7.7b | 10.9b | 15.6b | 18.0b | 19.7b | 24.4b | 29.2b |
% EBITDA margin | 18 % | 19 % | 19 % | 18 % | 17 % | 18 % | 18 % |
Profit | 4.5b | 6.9b | 9.2b | 10.9b | 13.3b | 16.8b | 20.6b |
% profit margin | 11 % | 12 % | 11 % | 11 % | 12 % | 12 % | 13 % |
EV / revenue | 3.3x | 6.4x | 4.0x | 5.9x | 6.5x | 5.5x | 4.6x |
EV / EBITDA | 18.1x | 33.5x | 21.2x | 32.0x | 37.8x | 30.2x | 24.8x |
Date | Investors | Amount | Round |
---|---|---|---|
* | $18.8m | Series A | |
N/A | N/A Valuation: $360m | IPO | |
Total Funding | AUD29.1m |
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Recent News about Persistent Systems
EditPersistent Systems is a global solutions company that specializes in digital business acceleration, enterprise modernization, and next-generation product engineering services. The company operates in various markets, including banking, financial services, insurance, healthcare, life sciences, industrial software, high tech, telecom, and media. Persistent Systems serves a diverse range of clients, from large enterprises to mid-sized companies, helping them navigate and thrive in the digital age.
Persistent Systems' business model revolves around providing specialized services that help companies modernize their IT infrastructure, develop innovative digital products, and enhance their customer experience. The company offers a wide array of services, including digital business strategy, digital product engineering, customer experience (CX) innovation, data-driven business intelligence, and core IT modernization. These services are designed to create business value by leveraging the latest technological advancements and industry-specific expertise.
The company makes money by offering these specialized services to its clients, charging fees for consulting, implementation, and ongoing support. Persistent Systems also collaborates with a diverse and innovative ecosystem of business partners, which allows it to adapt to the unique needs of each client and deliver tailored solutions.
Persistent Systems has been recognized for its excellence in software product engineering services, earning accolades such as the Star Performer in the Everest Software Product Engineering Services PEAK Matrix. This recognition underscores the company's commitment to delivering high-quality, innovative solutions that drive business growth and transformation.
In summary, Persistent Systems is a trusted partner for businesses looking to accelerate their digital transformation, modernize their IT infrastructure, and develop cutting-edge digital products.
Keywords: Digital Transformation, Enterprise Modernization, Product Engineering, Business Strategy, Customer Experience, Data Intelligence, IT Modernization, Industry Expertise, Technological Innovation, Global Solutions.