Thread by @SmartSyncServ

Persistent Systems

AR (2019-20) Notes

Watch this 9 Min short video to get a glimpse of what Persistent is all about.

Don’t miss that part where you get to know about their 1st project, which was for a French company.



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Persistent completed 30 years of Operation in 2020.

A Glance

~Revenues: $501M
~Team Size: 10,600
~Annual Active Clients: 1,000
~Countries: 17

We covered the 30 yr old journey here:

https://twitter.com/SmartSyncServ/status/1305845026136653826

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Way forward

Unleashing client value through Digital Mosaics

A multi-cloud, multi-service business architecture, with composable tiles that together deliver the working applications and processes needed in an enterprise

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Way forward

~Global Solutions Company
~Delivering digital business acceleration
~Delivering enterprise modernization

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Track Record in Product Development

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Key Partners

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Financial Performance & Highlights

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Details of Buyback of Equity Shares

~Open Market Route
~4.47 % of Equity bought back @ 628
~CMP 1150

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Relevant details of Subsidiaries as on 31.03.2020

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Top 10 Shareholders

~HDFC MF
~L&T MF
~Govt Pension Fund
~PSPL ESOP Mgmnt Trust
~Kotak MF
~PPFAS
~ICICI
~Shridhar Shukla
~Ashutosh Joshi
~Mobius Inv Trust

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3 Stage Impact of CVOID-19 on Business:

~Immediate response to the pandemic
~Recovery & Path to Next Normal
~Subsequent Growth

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Immediate response to the pandemic

~ Facing the pandemic
~ Work from home – IT Enablement
~ Cash flow crisis
~ Communications with relevant stakeholders

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Recovery & Path to Next Normal & Subsequent Growth

~ Penetrate and grow in some focused segments
~ Partnerships with leaders(IBM, Salesforce, etc)
~ Partner engagement in BFSI

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Tech Trends Ahead

~Future of the Digital: See Beyond, Rise Above
~Compose your digital enterprise mosaic
~Scale enterprise intelligence
~Leverage Cloud & Edge for flexible infrastructure
~Build a zero-trust enterprise
~Create personalized multiple experiences for customers

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Consolidated Financial Statements

~Balance Sheet
~Profit & Loss A/c
~Cash Flow Statement

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This brings us to the end of AR 2019-20 Notes

We are not done yet.

More to come soon on Persistent Systems

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