Persistent Systems Wins “Most Honored Company” at Extel Asia 2026 — For the Third Year Running

When the global investment community votes you the most credible technology company in Asia three years straight, it's not luck — it's a system. Persistent Systems has done exactly that,…

May 18, 2026
3 min read

When the global investment community votes you the most credible technology company in Asia three years straight, it’s not luck — it’s a system. Persistent Systems has done exactly that, earning top honours again in Extel’s 2026 Asia Executive Team Survey.

Persistent Systems — Extel 2026 Asia Rankings at a Glance

CategoryRankingLeader
Overall RecognitionMost Honored CompanyPersistent Systems
Best CEO (Asia ex-Mainland China, Combined)#1Sandeep Kalra, CEO & Executive Director
Investor Relations Program (Sell Side)#1Persistent IR Team
Best CFO (Asia ex-Mainland China, Combined & Buy Side)#2Vinit Teredesai, CFO & Executive Director
Survey Scope5,500+ institutional investors & analysts2,500+ companies evaluated
Consecutive Years Recognised3 Years (2024, 2025, 2026)—

What Makes This Recognition Stand Out?

Extel isn’t handing out participation trophies. With over five decades of credibility, its annual Asia Executive Team Survey is one of the most respected benchmarks in the global investment community — evaluated by more than 5,500 institutional investors and analysts spanning over 2,500 companies and 2,700 executives across Asia.

Persistent didn’t just appear on the list. It dominated the Technology, IT Services, Software & AI category in Asia excluding Mainland China — sweeping the top CEO slot, the top IR programme ranking on the sell side, and a strong runner-up position for CFO.

Three consecutive years at this level — 2024, 2025, and now 2026 — signals something structural rather than circumstantial. The rankings specifically reflect leadership credibility, quality of financial communication, capital allocation discipline, and how accessible and responsive senior management is to investors and analysts. These aren’t vanity metrics — they’re the foundations of long-term institutional trust.

Investor relations as a discipline is about far more than quarterly earnings calls — it encompasses governance transparency, consistent messaging, and building credibility with the financial community over time. Persistent’s sweep across all three pillars — CEO, CFO, and IR programme — makes it one of the rare technology companies to be recognised comprehensively rather than in just one dimension.

The Leadership Behind the Rankings

CEO Sandeep Kalra taking the #1 Best CEO position in a field evaluated by both buy-side and sell-side analysts is a significant signal. It reflects not just business results but perceived trustworthiness — how investors feel about the leadership team’s ability to communicate honestly and execute consistently.

CFO Vinit Teredesai’s #2 Best CFO ranking in both combined and buy-side categories reinforces that Persistent’s financial stewardship is being watched closely and respected by the people who allocate capital professionally.

Together, the two leaders make a strong case for why Persistent’s IR programme ranked #1 on the sell side — because credibility flows from the top down.

For more coverage on enterprise technology companies, earnings updates, and IT sector rankings, visit TechnoSports’ Technology & Business section. Also check out our Top Indian IT Companies to Watch in 2026 for broader context on where Persistent fits in the competitive landscape.

FAQs

Q: What is the Extel Asia Executive Team Survey and why does it matter?

Extel’s annual survey is a 50+ year old benchmark evaluated by over 5,500 institutional investors and analysts, ranking companies and executives across Asia on leadership credibility, governance, investor relations, and financial communication quality.

Q: How many times has Persistent Systems been recognised in the Extel Asia survey?

Persistent Systems has earned top rankings for three consecutive years — 2024, 2025, and 2026 — and was named “Most Honored Company” in the 2026 edition of the Extel Asia Executive Team Survey.

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