Persistent Systems Ltd Share Price – NSE  / BSE

IT - Software, Mid Cap

Persistent Systems announced the launch of its Merchant Risk Management and Fraud Detection solution powered by Databricks Data Intelligence platform. The solution helps financial institutions reduce fraud losses, improve detection accuracy and lower manual review effort through real-time, intelligence-driven decisions.

As digital payments scale, financial institutions, payment service providers, digital platforms and their end customers face rising fraud, regulatory scrutiny and reputational risk. Traditional approaches rely on static rules and post-transaction analysis, limiting early detection. Persistent shifts merchant risk management upstream to enable early detection, continuous monitoring and AI-driven action before losses occur.

Built on the Databricks Data Intelligence platform, the solution uses Agentic AI to perform multi signal merchant vetting during onboarding, analyzing business profiles, compliance history, transaction patterns and external indicators to assess risk before transactions begin. Once live, it continuously monitors transactions, chargebacks and third-party signals in real time to detect emerging fraud or compliance risks.

The solution helps financial institutions reduce fraud losses, improve detection accuracy and lower manual review effort through real-time, intelligence-driven decisions.

Built on the Databricks Data Intelligence platform, the solution uses Agentic AI to perform multisignal merchant vetting during onboarding, analyzing business profiles, compliance history, transaction patterns and external indicators to assess risk before transactions begin.

The company said the solution is expected to deliver measurable business benefits, including a 20?40% reduction in chargeback and fraud losses through early risk detection, a 30?60% improvement in fraud detection accuracy, and a 50?70% reduction in manual review efforts, allowing teams to focus on higher-value investigations. Additionally, the platform could help reduce risk management costs by 10?20% through automation and streamlined workflows.

Barath Narayanan, Global BFSI and Europe Geo Head, Persistent, said, ?Merchant risk has become one of the most complex challenges for financial institutions, payment service providers and digital platforms as transaction volumes grow and regulatory scrutiny intensifies. Effective risk management now depends on the ability to transform data into intelligence and respond in real time. Our work with Databricks enables us to combine scalable data processing with AI to help financial institutions identify emerging risk earlier, improve decision making and strengthen merchant oversight across the entire lifecycle.?

Persistent Systems is a global services and solutions company delivering AI-led, platform-driven digital engineering and enterprise modernization to businesses across industries. Persistent offers a comprehensive suite of services, including software engineering, product development, data and analytics, CX transformation, cloud computing, and intelligent automation.

The company reported a 6.79% decline in consolidated net profit to Rs 439.4 crore despite of 5.52% increase in revenue from operations to Rs 3778.20 crore in Q3 FY26 over Q2 FY26.

Persistent Systems Ltd rose for a third straight session today. The stock is quoting at Rs 5316.2, up 1.69% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.19% on the day, quoting at 22757. The Sensex is at 73408.47, up 0.12%. Persistent Systems Ltd has added around 11.15% in last one month.

Meanwhile, Nifty IT index of which Persistent Systems Ltd is a constituent, has added around 1.61% in last one month and is currently quoting at 30441.45, up 0.68% on the day. The volume in the stock stood at 3.49 lakh shares today, compared to the daily average of 7.49 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 5232.1, up 1.88% on the day. Persistent Systems Ltd is up 16.24% in last one year as compared to a 2.69% gain in NIFTY and a 6.19% gain in the Nifty IT index.

The PE of the stock is 52.44 based on TTM earnings ending December 25.

Persistent Systems will hold a meeting of the Board of Directors of the Company on 21 April 2026.