Minerva Capital Research Solutions

Zensar Technologies

NSE: ZENSARTECHBSE: 504067
Compare with peers
₹ 497.00▼ 10 (−1.97%)28 Oct, 03:29 pm IST
Market cap
₹ 11,245 Cr.
P/E
14.2x
P/B
2.41x
52-week range
416.15 – 814.15
ROE
17%
ROCE
23%
Dividend yield
3%
Debt / equity
0.02
Sector
IT - Software
Industry
Computers - Software & Consulting
Listed on
NSE, BSE

About

Zensar Technologies Limited provides digital solutions and technology services globally. It offers a range of information technology (IT) services and solutions. Its segments include Digital and Application Services and Cloud Infrastructure and Security. Its services include Product and platforms, which include accessibility, cloud transformation and operations, digital experience platforms, engineering and platforms, product and design, and product and experience strategy. Marketing and engagement include brand strategy and design, consulting, and marketing and insights. Data engineering and analytics include accelerated generative artificial intelligence (AI), automation, data engineering, and visualization and analytics. Application services include application management, enterprise change management, Oracle services, and quality intelligence services. Cloud infrastructure and security services include digital security and digital workplace services, among others.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Computers - Software & Consulting: 108 companies →

Zensar Technologies against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)14.2 against a typical 21.9: cheaper than most peers (1st = cheapest).32nd of 108
  • Sales growth+8.9% against a typical +10.6% from a year earlier.50th of 90
  • Profit growth+1.1% against a typical +1.1% from a year earlier.38th of 75
  • Share price, 3 months−5.2% against a typical −8.2%.41st of 97
  • Size₹ 11,244.8 Cr. market value against a typical ₹ 218.6 Cr. (1st = largest).14th of 101

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

High safety

Rated AA+ by ICRA
AA+
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
ICRA[ICRA]AA+ /[ICRA]A1+Stable1 Sep 2026
Credit rating actions
RatingDetails
1 Sep 2026
Reaffirmed
[ICRA]AA+ /[ICRA]A1+—ICRA₹ 191 Cr.
2 Sep 2025
Reaffirmed
[ICRA]AA+ /[ICRA]A1+—ICRA₹ 191 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
28 Oct 2026UpcomingFinancial ResultsTo consider and approve the financial results for the period ended September 30, 2026
29 Jul 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
24 Apr 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
22 Jan 2026Financial Results/DividendTo consider and approve the financial results for the period ended December 31, 2025 and dividend
31 Oct 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
22 Jul 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025
25 Apr 2025Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2025 and dividend

Share price

1Y change −38.49%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,2411,2041,2301,2881,3081,3261,3591,3851,4211,4311,4501,508
Expenses1,0109961,0271,0921,1071,1191,1461,1741,2011,1811,2151,287
Operating Profit231208203196201207212211220250236221
OPM %19%17%17%15%15%16%16%15%15%17%16%15%
Other Income364252424131465749386657
Interest663444544224
Depreciation373124253024242325202328
Profit before tax225212229210208210230241240265276246
Tax %23%24%24%25%25%24%23%24%24%25%24%25%
Net Profit174162173158156160176182182200211184
EPS in Rs7.687.147.656.976.867.047.778.018.018.799.268.08

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
7%
5 Years
9%
3 Years
5%
TTM
8%
Compounded Profit Growth
10 Years
10%
5 Years
18%
3 Years
34%
TTM
18%
Stock Price CAGR
10 Years
8%
5 Years
2%
3 Years
−2%
TTM
—
Return on Equity
10 Years
16%
5 Years
16%
3 Years
18%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
49%
−0.06 pts in a year
FIIs
10.73%
−3.83 pts in a year
DIIs
21.98%
+1.46 pts in a year
Public
17.94%
+2.09 pts in a year
Others
0.34%
+0.34 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 14.2xEPS (12 months) ₹ 34.96Median P/E 13.8x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Zensar Technologies₹ 497.00₹ 11,245 Cr.14.2x2.4x17%—
Tata Consultancy Services₹ 2,528.00₹ 9,14,653 Cr.15.7x7.7x48%18.2%
Infosys₹ 1,154.50₹ 4,68,523 Cr.14.8x4.8x31.2%16.5%
HCL Technologies₹ 1,424.00₹ 3,86,426 Cr.18.8x4.4x—13%
Tech Mahindra₹ 1,789.40₹ 1,75,385 Cr.27.9x5.2x—8.7%
Billionbrains Garage Ventures₹ 181.65₹ 1,13,960 Cr.61.3x13.3x—46.5%

Management

Manish Tandon
Chief Executive Officer, Managing Director, Executive Director
Pulkit Bhandari
Chief Financial Officer
Vijayasimha Alilughatta
Chief Operating Officer
Vivek Ranjan
Chief Human Resources Officer, Executive Vice President
Parag Jain
Executive Vice President, Head - Manufacturing, Consumer Services and Growth Office
Harish Lala
Executive Vice President, Head - Telecommunication, Media and Technology
Nachiketa Mitra
Executive Vice President, Head - Banking, Financial and Insurance Services
Chaitanya Rajebahadur
Executive Vice President, Global Head - Digital and Studio

Prices are delayed and for information only. Nothing on this page is investment advice.