Zensar Technologies Ltd

Zensar Technologies Ltd

₹ 493 -3.09%
13 May - close price
About

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. It operates in two segments: Application Management Service and Infrastructure management service. It is focused on industry verticals, such as Hitech & manufacturing, consumer services, and banking, financial services, and insurance. They have offices located in India, the USA, UK, Europe, and Africa. [1] [2]

Key Points

Group Overview[1]
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.

  • Market Cap 11,217 Cr.
  • Current Price 493
  • High / Low 895 / 490
  • Stock P/E 15.9
  • Book Value 155
  • Dividend Yield 2.64 %
  • ROCE 26.5 %
  • ROE 21.3 %
  • Face Value 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 19.8% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 44.6%

Cons

  • Earnings include an other income of Rs.304 Cr.
  • Working capital days have increased from 149 days to 247 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
477 489 514 501 515 530 556 559 581 622 673 701 742
363 361 364 380 389 414 436 441 444 492 527 533 584
Operating Profit 114 128 150 122 126 115 120 118 138 130 147 169 158
OPM % 24% 26% 29% 24% 24% 22% 22% 21% 24% 21% 22% 24% 21%
82 76 28 31 38 113 51 80 59 95 62 48 98
Interest 4 4 4 5 2 3 3 2 3 2 2 0 1
Depreciation 7 16 16 16 8 12 16 10 10 10 12 8 10
Profit before tax 184 184 158 132 155 213 152 187 183 213 195 209 245
Tax % 17% 19% 27% 23% 27% 16% 23% 18% 20% 19% 22% 22% 19%
152 149 114 101 113 179 116 153 147 172 153 162 199
EPS in Rs 6.71 6.57 5.05 4.46 4.98 7.88 5.12 6.75 6.46 7.56 6.72 7.13 8.76
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1,080 1,245 1,272 1,286 1,370 1,370 1,362 1,629 1,823 2,019 2,226 2,739
813 937 1,006 1,034 1,070 1,052 951 1,214 1,478 1,493 1,735 2,136
Operating Profit 267 308 267 252 300 318 410 415 345 526 491 603
OPM % 25% 25% 21% 20% 22% 23% 30% 25% 19% 26% 22% 22%
21 53 22 63 85 91 74 134 152 173 303 304
Interest 1 2 2 12 9 23 22 30 18 15 11 5
Depreciation 33 35 34 46 43 81 89 88 76 56 49 39
Profit before tax 253 324 253 257 334 304 373 431 403 628 734 862
Tax % 28% 27% 29% 25% 23% 24% 22% 25% 24% 24% 19% 20%
183 238 180 193 258 231 290 321 308 477 595 686
EPS in Rs 8.26 10.67 8.03 8.56 11.46 10.25 12.84 14.20 13.62 21.05 26.19 30.15
Dividend Payout % 27% 22% 30% 28% 24% 27% 28% 35% 37% 43% 50% 42%
Compounded Sales Growth
10 Years: 8%
5 Years: 15%
3 Years: 15%
TTM: 23%
Compounded Profit Growth
10 Years: 12%
5 Years: 20%
3 Years: 34%
TTM: 21%
Stock Price CAGR
10 Years: 10%
5 Years: 13%
3 Years: 13%
1 Year: -36%
Return on Equity
10 Years: 18%
5 Years: 18%
3 Years: 20%
Last Year: 21%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 726 912 1,083 1,208 1,426 1,529 1,791 2,037 2,257 2,635 3,053 3,476
3 15 18 9 6 0 219 193 164 117 77 37
142 147 164 291 272 505 242 284 304 341 335 612
Total Liabilities 916 1,118 1,310 1,554 1,749 2,078 2,297 2,559 2,770 3,139 3,510 4,169
103 105 100 210 201 457 414 390 326 254 233 397
CWIP 1 2 3 5 7 8 0 1 0 4 1 1
Investments 100 113 224 257 109 284 645 568 1,142 1,589 1,780 1,971
711 899 984 1,081 1,433 1,330 1,238 1,601 1,302 1,291 1,496 1,801
Total Assets 916 1,118 1,310 1,554 1,749 2,078 2,297 2,559 2,770 3,139 3,510 4,169

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
126 140 130 141 53 336 794 52 549 461 368 574
-81 -25 -135 -92 111 -263 -665 82 -410 -326 -162 -124
-50 -81 -22 -81 -67 -162 -78 -133 -159 -158 -232 -377
Net Cash Flow -5 34 -27 -32 96 -89 51 1 -20 -22 -26 73
Free Cash Flow 92 105 99 103 14 269 757 7 533 455 339 526
CFO/OP 75% 70% 81% 82% 45% 124% 214% 36% 185% 118% 99% 120%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 153 154 171 202 233 281 176 208 144 141 126 98
Inventory Days
Days Payable
Cash Conversion Cycle 153 154 171 202 233 281 176 208 144 141 126 98
Working Capital Days 162 183 200 203 252 237 127 179 119 101 100 247
ROCE % 35% 37% 24% 22% 23% 21% 21% 21% 17% 24% 25% 26%

Insights

In beta
Mar 2023 Mar 2024 Mar 2025
Employee Utilization (Excluding Trainees)
%

Log in to view insights

Please log in to see hidden values.

Login
Number of Active Clients
Number
Revenue Mix - Offshore
%
Total Headcount
Number
Total Order Book (TCV)
USD Million
Voluntary Attrition (Last Twelve Months)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
49.21% 49.20% 49.20% 49.18% 49.17% 49.14% 49.10% 49.07% 49.06% 49.03% 49.01% 49.01%
12.59% 16.66% 17.12% 16.53% 15.74% 14.84% 15.06% 14.98% 14.56% 13.30% 11.80% 10.51%
17.30% 16.55% 16.45% 17.53% 19.04% 19.05% 19.83% 19.89% 20.52% 22.24% 23.12% 23.66%
20.89% 17.59% 17.23% 16.77% 16.06% 16.98% 16.01% 16.06% 15.85% 15.43% 15.71% 16.48%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.34% 0.34%
No. of Shareholders 1,97,8262,17,6992,25,6572,16,9352,01,7772,17,2182,03,5922,25,5022,10,0632,01,8722,04,0252,06,187

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls