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Zensar Technologies Limited

ZENSARTECH

BSE
NSE

IT - Software & Services

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NSE / BSE (Code: 504067)

About

Zensar Technologies Limited

Company Overview

Zensar Technologies is a leading digital solutions and technology services company. It is a part of the Mumbai-based RPG group and is headquartered in Pune, India. Zensar Technologies was founded in 1963. Zensar is part of the RPG Enterprises. The group has diverse business interests in the areas of Infrastructure, Tyres, Pharma, IT and Specialty as well as in emerging innovation-led technology businesses.

The company operates as a comprehensive technology services provider, Zensar Technologies has 10,349 total employees. They have offices located in India, the USA, UK, Europe, and Africa. Zensar's teams work out of 33 global locations, including offices of acquired entities.

Business Segments and Services

It operates in two segments: Digital and Application Services (DAS) and Digital Foundation Services (DFS). It generates maximum revenue from the DAS segment. The DAS segment includes custom applications management services that include application development, maintenance, support, modernization and testing services across technology and industry verticals.

The DFS segment includes infrastructure management services, which consists of hybrid IT, digital workspace, dynamic security, and unified IT provider under managed service platform using automation, autonomics, and machine learning. It offers a range of services, including experience services, advanced engineering services, data engineering & analytics, application services, and foundation services.

Industry Focus and Geographic Presence

It is focused on industry verticals, such as Hitech & manufacturing, consumer services, and banking, financial services, and insurance. Geographically, the majority of its revenue comes from the Americas and the rest from Europe, and the rest of the world. Zensar's business is spread between North America, United Kingdom, parts of Europe and South Africa.

Financial Performance

As of July 2025, Market Cap ₹ 19,406 Cr. according to recent data. As of 31-Mar-2025, Zensar Technologies has a trailing 12-month revenue of $625M. The company has demonstrated consistent growth momentum in recent quarters.

Recent Quarterly Performance

For Q4 FY25 (March 2025):

- Revenue: ₹1,358.90Cr as on March 2025 (Q4 FY25)

- Net Profit: ₹176.40Cr as on March 2025 (Q4 FY25)

- Zensar Technologies Ltd's net profit jumped 1.79% since last year same period to ₹176.40Cr in the Q4 2024-2025.

For Q3 FY25 (December 2024):

- In Q3FY25, the company reported revenue of $157.0M, a quarterly YoY growth of 8.6% in reported currency and 7.5% in constant currency.

- Zensar Technologies Ltd's revenue jumped 8.83% since last year same period to ₹1,356.30Cr in the Q3 2024-2025.

The company has shown strong momentum in specific verticals, with Manufacturing and Consumer Services reported a quarterly YoY revenue growth of 15.2% and sequential QoQ revenue growth of 6.1% in reported currency and Healthcare and Life Sciences reported a quarterly YoY revenue growth of 24.0% and sequential QoQ revenue growth of 3.2% in reported currency in Q3 FY25.

Financial Health and Capital Structure

Company has reduced debt. Company is almost debt free. Company has been maintaining a healthy dividend payout of 36.9% The company maintains strong cash reserves and has been focusing on operational efficiency improvements.

Our cash stood at $261.7M and we further improved our DSO to 73 days at the end of FY'24. We continue to have strong momentum in our order book which grew by 22% YOY and stood at $698M for the year.

Leadership and Strategic Direction

Chairperson Name: H V Goenka The company is led by CEO and Managing Director Manish Tandon, who has emphasized the company's focus on client-centricity and operational excellence. Manish Tandon, CEO and Managing Director, Zensar Technologies, said, "We delivered a rounded positive performance in Q2FY25, with sequential growth in majority of our portfolio. Our highest ever order book this quarter reflects the continued focus on client-centricity and commitment of our employees to drive value and innovations.

Market Position and Recognition

It is listed on both the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE) and is a component of several indices including the NSE's Nifty 500 and the S&P BSE 500. The ticker symbol for Zensar Technologies is 504067.

The company has received multiple industry recognitions for its innovative approach and service excellence. Recent awards include recognition for digital learning initiatives, sustainability leadership, and technology innovation across various industry forums.

Growth Strategy and Future Outlook

Zensar continues to focus on digital transformation services and has been investing in emerging technologies including artificial intelligence and automation. The company's strategic acquisitions and partnerships have strengthened its capabilities in experience engineering and specialized technology services. Zensar Technologies's most recent deal was a Merger/Acquisition with BridgeView Life Sciences for . The deal was made on 17-Jul-2024.

Despite facing market challenges, the company maintains a positive outlook with continued investment in focus areas and commitment to long-term growth strategies while maintaining operational discipline and client-centric approach.