Zensar Technologies Limited
NSE: ZENSARTECHComputers - Software & Consulting
Share price
₹441.80
+0.57% close of 8 Oct 2026
Business score
How strong the business is, in one number. The parts behind it are in Pro.
71
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹9,941 Cr
P/E ratio
12.5
P/B ratio
2.1
ROCE
22.8%
ROE
17.3%
Dividend yield
3.4%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 8.1% over the past year, and 12.7% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 13.8% to 16.0% over the last four years.
Whether it grew faster than its sector
It grew 12.7% a year against a sector median of 14.5% — 1.8 percentage points slower.
Room to re-rate, or risk of de-rating
At 12.5× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 14.0×, across 5 companies. It is against its own five-year median of 23.2×, the 3rd percentile of its own range.
Whether growth justifies the valuation
Priced at 0.4 times its growth rate, on earnings growth of 34%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Zensar Technologies Limited — this one | 34%/yr | 12.5× | ₹0.37 |
| Tata Consultancy Services | 8%/yr | 14.0× | ₹1.7 |
| Infosys | 8%/yr | 12.9× | ₹1.6 |
| HCL Technologies | 6%/yr | 17.6× | ₹2.9 |
| Wipro | 5%/yr | 12.6× | ₹2.5 |
| Tech Mahindra | 1%/yr | 24.9× | ₹24.9 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Computers - Software & Consulting), it ranks 23 of 53 on returns, 33 of 49 on growth, 36 of 52 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A narrow advantage: it earns 22.8% on capital, ahead of 57% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the last five years it made ₹3028 crore of cash from the business, spent ₹192 crore on plant and equipment, and returned ₹1264 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 122 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back faster than it used to: it went from being waiting 36 days for its cash to waiting 20 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
9 of 9 checks clear · 100%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Revenue grew 4% on the March quarter, the no-decline start management promised
Announced 29 Jul 2026 · Consolidated · Unaudited
Revenue
₹1,508 Cr
Revenue vs last year
+8.9%
Revenue vs last quarter
+4.0%
Net profit
₹184 Cr
Profit vs last year
+1.0%
Profit vs last quarter
-12.9%
Net margin
12.2%
EPS
₹8.11
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹9,941 Cr
- Prev close
- ₹441.80
- 52w High
- ₹822
- 52w Low
- ₹416
- Enterprise value
- ₹7,428 Cr
- Beta
- 1.1
- Price CAGR 1y
- -43.0%
- Price CAGR 3y
- -6.0%
- Price CAGR 5y
- -3.0%
- Price CAGR 10y
- 8.0%
Ratios
- Return on assets
- 12.8%
- PEG ratio
- 0.4
- P/E ratio
- 12.5
- P/B ratio
- 2.1
- EV / EBITDA
- 8.0
- Industry P/E
- 18.1
- ROCE
- 22.8%
- ROCE 5y average
- 21.0%
- ROE
- 17.3%
- Debt / Equity
- 0.0
- Interest coverage
- 86.2
- Dividend yield
- 3.4%
- ROE 3y average
- 18.0%
- ROE last year
- 17.0%
Annual P&L
- Annual revenue
- ₹5,687 Cr
- Annual profit
- ₹775 Cr
- Operating margin
- 16.0%
- Net profit margin
- 13.6%
- EBITDA margin
- 16.1%
- Sales growth 3y
- 5.5%
- Sales growth 5y
- 8.5%
- Profit growth 3y
- 34.0%
- Profit growth 5y
- 18.0%
- EPS
- ₹34.1
- Sales growth TTM
- 8.0%
- Profit growth TTM
- 18.0%
- Dividend payout
- 44.0%
Quarter P&L
- Sales latest quarter
- ₹1,508 Cr
- Profit latest quarter
- ₹184 Cr
- YoY quarterly sales growth
- 8.9%
- YoY quarterly profit growth
- 1.1%
- OPM latest quarter
- 14.7%
Balance Sheet
- Book Value
- ₹210
- Face Value
- ₹2.0
- Total debt
- ₹79 Cr
- Total cash
- ₹932 Cr
- Borrowings
- ₹79 Cr
- Reserves / Equity
- 103.9
Cash Flow
- Operating cash flow
- ₹771 Cr
- Free cash flow
- ₹719 Cr
- FCF yield
- 7.1%
- Net cash flow
- ₹146 Cr
Shareholding
- Promoter holding
- 49.0%
- FII holding
- 10.7%
- DII holding
- 22.0%
- Public holding
- 17.9%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| TCS | 2,066.75 | 14.0 | 7,47,768 | 3.09 | 13,420.0 | 8.4 | 72,275.0 | 13.9 | 63.0 |
| Infosys | 998.20 | 13.0 | 4,05,097 | 4.81 | 7,775.0 | 12.3 | 48,211.0 | 14.0 | 40.0 |
| HCL Technologies | 1,184.90 | 17.8 | 3,21,542 | 4.61 | 4,626.0 | 20.3 | 34,579.0 | 13.9 | 30.4 |
| Wipro | 159.45 | 11.9 | 1,57,941 | 6.95 | 3,356.3 | 0.7 | 24,478.6 | 10.6 | 17.8 |
| Tech Mahindra | 1,496.95 | 27.6 | 1,46,725 | 3.46 | 1,486.3 | 28.4 | 15,711.9 | 17.7 | 23.1 |
| LTM | 3,949.95 | 20.9 | 1,17,164 | 1.86 | 1,468.6 | 16.9 | 11,608.0 | 18.0 | 29.6 |
| Persistent Systems | 5,450.00 | 43.2 | 85,974 | 0.73 | 483.0 | 13.7 | 4,303.2 | 29.1 | 34.4 |
| Zensar Tech. | 445.40 | 12.8 | 10,136 | 3.38 | 183.8 | 1.0 | 1,508.3 | 8.9 | 22.8 |
| Median | 211.80 | 18.9 | 847 | 0.33 | 10.1 | 13.0 | 85.7 | 17.6 | 22.1 |
Competes with: HCL Technologies, Infosys, LTIMindtree Limited, Persistent Systems, Tata Consultancy Services, Tech Mahindra, Wipro
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,227 | 1,241 | 1,204 | 1,230 | 1,288 | 1,308 | 1,326 | 1,359 | 1,385 | 1,421 | 1,431 | 1,450 | 1,508 |
| Expenses | 997 | 1,010 | 996 | 1,027 | 1,092 | 1,107 | 1,119 | 1,146 | 1,174 | 1,201 | 1,181 | 1,215 | 1,287 |
| Material Cost | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Change in Inventories | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Purchases of Stock-in-Trade | 15 | 7.80 | 12 | 7.80 | 11 | 11 | |||||||
| Employee Cost | 885 | 876 | 925 | 895 | 935 | 922 | |||||||
| Other Expenses | 246 | 291 | 264 | 278 | 269 | 354 | |||||||
| Operating Profit | 230 | 231 | 208 | 203 | 196 | 201 | 207 | 212 | 211 | 220 | 250 | 236 | 221 |
| OPM % | 19 | 19 | 17 | 17 | 15 | 15 | 16 | 16 | 15 | 15 | 17 | 16 | 15 |
| Other Income | 28 | 36 | 42 | 52 | 42 | 41 | 31 | 46 | 57 | 49 | 38 | 66 | 57 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | -25 | 0.50 | 0 | |||||||
| Interest | 6 | 6 | 6 | 3 | 4 | 4 | 4 | 5 | 4 | 4 | 2 | 2 | 4 |
| Depreciation | 42 | 37 | 31 | 24 | 25 | 30 | 24 | 24 | 23 | 25 | 20 | 23 | 28 |
| Profit before tax | 210 | 225 | 212 | 229 | 210 | 208 | 210 | 230 | 241 | 240 | 265 | 276 | 246 |
| Tax % | 26 | 23 | 24 | 24 | 25 | 25 | 24 | 23 | 24 | 24 | 25 | 24 | 25 |
| Net Profit | 156 | 174 | 162 | 173 | 158 | 156 | 160 | 176 | 182 | 182 | 200 | 211 | 184 |
| EPS in Rs | 6.90 | 7.68 | 7.14 | 7.65 | 6.97 | 6.86 | 7.04 | 7.77 | 8.01 | 8.01 | 8.79 | 9.26 | 8.08 |
| Diluted EPS in Rs | 7.68 | 7.92 | 7.93 | 8.67 | 9.15 | 7.99 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,656 | 2,952 | 3,056 | 3,108 | 3,966 | 4,182 | 3,781 | 4,244 | 4,848 | 4,902 | 5,281 | 5,687 | 5,811 |
| Expenses | 2,264 | 2,513 | 2,674 | 2,743 | 3,487 | 3,675 | 3,097 | 3,587 | 4,296 | 4,030 | 4,464 | 4,771 | 4,884 |
| Material Cost | 0 | 0 | |||||||||||
| Change in Inventories | 0 | 0 | |||||||||||
| Purchases of Stock-in-Trade | 53 | 39 | |||||||||||
| Employee Cost | 3,390 | 3,631 | |||||||||||
| Other Expenses | 1,021 | 1,101 | |||||||||||
| Operating Profit | 392 | 439 | 382 | 365 | 479 | 507 | 685 | 656 | 552 | 872 | 817 | 916 | 926 |
| OPM % | 15 | 15 | 12 | 12 | 12 | 12 | 18 | 15 | 11 | 18 | 15 | 16 | 16 |
| Other Income | 27 | 54 | 24 | 74 | 93 | 88 | -24 | 138 | 103 | 159 | 160 | 209 | 210 |
| Exceptional items (within Other Income) | 0 | -25 | |||||||||||
| Interest | 11 | 11 | 9 | 23 | 37 | 61 | 54 | 35 | 28 | 21 | 17 | 12 | 12 |
| Depreciation | 42 | 65 | 49 | 65 | 89 | 159 | 175 | 185 | 183 | 134 | 102 | 91 | 97 |
| Profit before tax | 366 | 417 | 349 | 352 | 445 | 376 | 433 | 574 | 444 | 876 | 858 | 1,022 | 1,027 |
| Tax % | 28 | 30 | 32 | 30 | 28 | 28 | 29 | 27 | 26 | 24 | 24 | 24 | |
| Net Profit | 265 | 292 | 238 | 246 | 319 | 272 | 307 | 422 | 328 | 665 | 650 | 775 | 776 |
| EPS in Rs | 12 | 13 | 10 | 11 | 14 | 12 | 13 | 18 | 14 | 29 | 29 | 34 | 34 |
| Diluted EPS in Rs | 28 | 34 | |||||||||||
| Dividend Payout % | 18 | 18 | 23 | 22 | 20 | 24 | 27 | 27 | 35 | 31 | 45 | 44 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
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
- -3%
- 3 years
- -6%
- 1 year
- -43%
Return on equity
- 10 years
- 16%
- 5 years
- 16%
- 3 years
- 18%
- Last year
- 17%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 44 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 |
| Reserves | 1,113 | 1,220 | 1,427 | 1,624 | 1,897 | 2,045 | 2,297 | 2,642 | 2,931 | 3,517 | 4,024 | 4,674 |
| Borrowings | 176 | 149 | 134 | 9 | 300 | 332 | 350 | 335 | 273 | 186 | 125 | 79 |
| Other Liabilities | 402 | 455 | 500 | 618 | 847 | 1,174 | 742 | 817 | 872 | 899 | 978 | 1,274 |
| Minority Interest | 0 | 0 | ||||||||||
| Total Liabilities | 1,734 | 1,869 | 2,106 | 2,296 | 3,090 | 3,596 | 3,433 | 3,840 | 4,121 | 4,648 | 5,173 | 6,072 |
| Fixed Assets | 547 | 386 | 447 | 592 | 950 | 1,323 | 1,133 | 1,254 | 1,174 | 1,034 | 1,170 | 1,223 |
| CWIP | 1 | 2 | 3 | 6 | 12 | 11 | 0 | 1 | 0 | 5 | 1 | 176 |
| Investments | 94 | 134 | 243 | 275 | 115 | 278 | 517 | 324 | 899 | 1,408 | 1,714 | 1,921 |
| Other Assets | 1,092 | 1,347 | 1,413 | 1,424 | 2,013 | 1,983 | 1,783 | 2,260 | 2,049 | 2,200 | 2,288 | 2,753 |
| Total Assets | 1,734 | 1,869 | 2,106 | 2,296 | 3,090 | 3,596 | 3,433 | 3,840 | 4,121 | 4,648 | 5,173 | 6,084 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 321 | 255 | 304 | 206 | 156 | 686 | 858 | 336 | 714 | 642 | 565 | 771 |
| Cash from Investing Activity | -182 | -41 | -204 | -142 | -229 | -315 | -530 | 3 | -527 | -476 | -473 | -224 |
| Cash from Financing Activity | -87 | -129 | -50 | -204 | 201 | -197 | -467 | -183 | -219 | -197 | -264 | -401 |
| Net Cash Flow | 51 | 85 | 50 | -140 | 128 | 175 | -139 | 156 | -31 | -31 | -172 | 146 |
| Free Cash Flow | 283 | 212 | 269 | 154 | 104 | 608 | 819 | 279 | 681 | 627 | 530 | 719 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62 | 67 | 64 | 75 | 81 | 58 | 57 | 69 | 55 | 55 | 55 | 59 |
| Inventory Days | 266 | 304 | ||||||||||
| Days Payable | 283 | 400 | ||||||||||
| Cash Conversion Cycle | 45 | -29 | 64 | 75 | 81 | 58 | 57 | 69 | 55 | 55 | 55 | 59 |
| Working Capital Days | 41 | 56 | 49 | 70 | 57 | 20 | 19 | 36 | 21 | 27 | 30 | 20 |
| ROCE % | 30 | 31 | 24 | 23 | 23 | 18 | 21 | 21 | 15 | 25 | 21 | 23 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
attrition %
9.60pct
2026-06-30
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
client concentration top 10 pct
38.90pct
2026-06-30
revenue share of the top 20 clients
56.60pct
2026-06-30
revenue share of the top 5 clients
24.70pct
2026-06-30
clients above US$1 million of revenue
89.00count
2026-06-30
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash
-2,512inr_cr
2026-03-31
share of revenue delivered offshore %, not the effort mix (IT services)
53.50pct
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
56,49,712inr
2026-03-31
News
News and filings about Zensar Technologies Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Information Technology
- Industry
- Computers - Software & Consulting
- Classification
- Information Technology › Computers - Software & Consulting
- ISIN
- INE520A01027
Business segments
- Digital and Application Services · 78%
- Cloud Infrastructure and Security · 22%
News impact
Big market events that reach Zensar Technologies Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 17 Jul 2026 | unspecified | ₹12.6 |
|---|---|---|
| 29 Jan 2026 | interim | ₹2.4 |
| 11 Jul 2025 | unspecified | ₹11 |
| 28 Jan 2025 | interim | ₹2 |
| 19 Jul 2024 | unspecified | ₹7 |
| 2 Feb 2024 | interim | ₹2 |
| 21 Jul 2023 | unspecified | ₹3.5 |
| 3 Feb 2023 | interim | ₹1.5 |
Splits, bonuses & buybacks
- daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016
Bulk & block deals
| Date | Who | Bought / sold | Shares | Price |
|---|---|---|---|---|
| 15 Sep 2026 | MICROCURVES TRADING PRIVATE LIMITED | SELL | 28,66,104 | ₹463.90 |
| 15 Sep 2026 | MICROCURVES TRADING PRIVATE LIMITED | BUY | 28,66,054 | ₹463.64 |
| 15 Sep 2026 | JUNOMONETA FINSOL PRIVATE LIMITED | BUY | 15,96,460 | ₹462.43 |
| 15 Sep 2026 | JUNOMONETA FINSOL PRIVATE LIMITED | SELL | 15,94,037 | ₹462.78 |
| 15 Sep 2026 | QE SECURITIES LLP | BUY | 14,04,796 | ₹462.19 |
| 15 Sep 2026 | QE SECURITIES LLP | SELL | 13,55,009 | ₹462.43 |
| 15 Sep 2026 | ALPHAGREP SECURITIES PRIVATE LIMITED | BUY | 13,02,261 | ₹461.69 |
| 15 Sep 2026 | ALPHAGREP SECURITIES PRIVATE LIMITED | SELL | 13,02,261 | ₹462.33 |
| 15 Sep 2026 | GRAVITON RESEARCH CAPITAL LLP | BUY | 11,51,493 | ₹463.01 |
| 15 Sep 2026 | GRAVITON RESEARCH CAPITAL LLP | SELL | 11,51,493 | ₹463.69 |
Insider trades
| Disclosed | Who | Type | Shares | Value ₹ Cr |
|---|---|---|---|---|
| 26 Aug 2026 | Vijayasimha Alilughatta · Designated Person | BUY | 8,983 | 0.43 |
| 27 Apr 2026 | Vijayasimha Alilughatta · Employees/Designated Employees | EQUITY SHARES | 55,00,000 | — |
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Annual report · 2025-2624 Jul 2026
- Results presentation30 Jun 2026
- Earnings call · Q4FY2624 Apr 2026
- Earnings call · Q3FY2623 Jan 2026
- Earnings call · Q2FY2631 Oct 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.