Persistent Systems Ltd

Persistent Systems Wins 'Growth Honor of the Year' at 2025 Everest Group Elevate Honors

September 17, 2025 - Persistent Systems has been named the recipient of the 2025 Everest Group Elevate Honors in the “Growth Honor of the Year” category. The recognition highlights exceptional revenue growth and performance among global service providers with annual revenue between $1–5 billion.

The award is based on Everest Group’s independent, analyst-led research, with winners selected solely on performance merit. Persistent was recognized for its industry-leading organic, constant-currency revenue growth and consistent financial delivery, having achieved 21 consecutive quarters of revenue growth.

As of Q1 FY26, Persistent reported $1,470.7 million in trailing twelve-month revenue. The company has maintained a 25.6% compound annual growth rate (CAGR) over the past four years (FY21–FY25), and a 17.4% CAGR since its IPO in 2010. Over the last five years, Persistent has delivered a shareholder return of 1,805.2%, signaling significant value creation for investors.

Persistent’s growth is attributed to its AI-led, platform-driven services strategy and innovative solutions such as SASVA™, iAURA, and GenAI Hub. The company continues to scale globally through a robust partner network and a highly skilled talent base.

Commenting on the recognition, Sandeep Kalra, CEO and Executive Director of Persistent, stated, “We thank Everest Group for this recognition, which stands as a powerful affirmation of our clients’ trust, the passion of our global team, and the strength of our partnerships. Our disciplined execution and innovation mindset, combined with our focus on AI-led, platform-driven services strategy, have powered our growth and enabled us to drive measurable outcomes for our clients. As we continue advancing toward our aspiration of becoming a $5 billion company by FY31, we remain steadfast in accelerating this momentum as we set new benchmarks for growth and performance.”

Ronak Doshi, Partner at Everest Group, added, “Elevate Honors recognitions are based on Everest Group’s independent, fact-based, analyst-driven research. Honorees are selected based on objective, data-driven analysis and serve as third-party validation of high performance and excellence. We congratulate Persistent Systems for their recognition in the Growth Honor of the Year.”

Persistent Systems is a global leader in Digital Engineering and Enterprise Modernization, with over 25,000 employees in 18 countries. The company is listed on both the National Stock Exchange of India and the Bombay Stock Exchange and is featured in key indices including Nifty IT, S&P BSE 100, and the Dow Jones Sustainability World Index. Persistent is also recognized for its commitment to sustainability, having achieved carbon neutrality, and was recently named one of America’s Greatest Workplaces for Inclusion & Diversity 2025.

Source: https://www.persistent.com/media/press-releases/persistent-awarded-growth-honor-of-the-year-at-2025-everest-group-elevate-honors/

Persistent Secures Top Rankings in Extel’s 2025 Asia Executive Team Survey for the Second Consecutive Year

June 5, 2025 – Persistent Systems (BSE: 533179, NSE: PERSISTENT), a global leader in Digital Engineering and Enterprise Modernization, has once again been recognized as a “Most Honored Company” in Extel’s 2025 Asia (ex-Mainland China) Executive Team Survey. This prestigious ranking reflects consistent excellence in executive leadership, corporate governance, investor relations, and ESG practices.

In this year’s survey, Persistent significantly improved its weighted score from 7 in 2024 to 24 in 2025, underscoring its continued commitment to delivering superior outcomes for stakeholders. The Company achieved top positions in multiple categories:

1st Place:

Best CEO – Sandeep Kalra, Chief Executive Officer and Executive Director

Company Board of Directors

Overall ESG

2nd Place: Best Investor Relations Program

3rd Place: Best Investor Relations Team

Sandeep Kalra, CEO and Executive Director, Persistent, said:

“We are proud to be recognized once again by Extel, and I am grateful to the portfolio managers and analysts who rated us so highly. This year’s rankings reflect a significant improvement, underscoring our focus on governance, communication, and performance. Thank you to the Persistent team for their dedication to upholding the highest standards. We remain committed to engaging meaningfully with the investment community with credibility, consistency, and accountability.”

Extel’s Executive Team surveys are a widely respected benchmark, gathering independent insights from over 6,300 portfolio managers, investors, and analysts across 18 sectors. Persistent’s strong performance highlights its proactive investor engagement, transparent disclosures, thoughtful ESG strategy, and disciplined capital allocation, reinforcing its position as a trusted partner in long-term value creation.

This achievement follows Persistent’s top rankings in the 2024 edition of the survey and reflects its continued momentum as one of the fastest-growing IT services brands in India.

About Persistent
Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions provider specializing in Digital Engineering and Enterprise Modernization. With 24,500+ employees across 19 countries, the company delivers AI-enabled software engineering, product development, data analytics, cloud, and intelligent automation solutions to enterprises worldwide. Persistent is part of major indices including MSCI India, Nifty IT, and S&P BSE 100, and is a constituent of the Dow Jones Sustainability World Index. Achieving carbon neutrality and participating in the UN Global Compact, Persistent reinforces its commitment to sustainability and responsible business practices.

Source: https://www.persistent.com/media/press-releases/persistent-achieves-top-rankings-for-the-second-year-in-a-row-in-extels-asia-executive-team-survey/