NSE 500 — The Filing Layer   CompaniesFilings

Zensar Technolgies Ltd.

ZENSARTECHInformation Technology filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

18 transcript(s)/analyst meet(s) served; 9 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 18 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT201901292018-12-31yes
COVER_LETTER202205172022-03-31no
COVER_LETTER202208122022-06-30no
COVER_LETTER202210282022-09-30no
TRANSCRIPT202301312022-12-31yes
TRANSCRIPT202305172023-03-31yes
TRANSCRIPT202307262023-06-30yes
TRANSCRIPT202401302023-12-31yes
TRANSCRIPT202405022024-03-31yes
TRANSCRIPT202407292024-06-30yes
COVER_LETTER202410292024-09-30no
COVER_LETTER202501292024-12-31no
COVER_LETTER202505022025-03-31no
TRANSCRIPT202507282025-06-30yes
TRANSCRIPT202511102025-09-30yes
COVER_LETTER202602012025-12-31no
COVER_LETTER202605042026-03-31no
COVER_LETTER202608052026-06-30no

ZENSARTECH

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close422.55
52-week range422.55 – 808.0
Return 1M-10.5%
Return 3M-5.13%
Return 1Y-47.7%
Return 3Y-20.32%
Return 5Y-17.03%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations1,508.00
Other income57.00
Total income1,566.00
Cost of materials consumed0.00
Purchases of stock-in-trade11.00
Changes in inventories0.00
Employee benefit expense922.00
Finance costs4.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.49-0.00
institutions foreign0.110.00
institutions domestic0.22-0.02
mutual funds0.20-0.01
public0.510.00

Documents on file

ClassMost recentOn file
COVER_LETTER2026-06-309
TRANSCRIPT2025-09-309

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations1,235.001,198.001,213.001,227.001,241.001,204.001,230.001,288.001,308.001,326.001,359.001,385.001,421.001,431.001,450.001,508.00
Other income28.0026.0027.0028.0036.0042.0052.0042.0041.0031.0046.0057.0049.0063.0065.0057.00
Total income1,263.001,224.001,240.001,256.001,277.001,246.001,282.001,330.001,349.001,356.001,405.001,442.001,470.001,494.001,515.001,566.00
Cost of materials consumed0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Purchases of stock-in-trade49.0030.006.001.003.002.001.004.0017.0017.0015.008.0012.008.0011.0011.00
Changes in inventories0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Employee benefit expense809.00775.00799.00766.00780.00777.00780.00816.00843.00846.00885.00876.00925.00895.00935.00922.00
Finance costs8.008.006.006.006.006.003.004.004.004.005.004.004.002.002.004.00
Depreciation and amortisation49.0050.0035.0042.0037.0031.0024.0025.0030.0024.0024.0023.0025.0020.0023.0028.00
Other expenses271.00258.00232.00230.00227.00218.00246.00272.00247.00256.00246.00290.00264.00278.00269.00354.00
Total expenses1,186.001,120.001,078.001,045.001,052.001,034.001,053.001,121.001,141.001,146.001,175.001,201.001,230.001,203.001,240.001,319.00
Profit before exceptional items and tax77.00104.00162.00210.00225.00212.00229.00210.00208.00210.00230.00241.00240.00290.00275.00246.00
Exceptional items0.000.000.000.000.000.000.000.000.000.000.000.000.00-25.000.000.00
Profit before tax77.00104.00162.00210.00225.00212.00229.00210.00208.00210.00230.00241.00240.00265.00276.00246.00
Current tax16.0029.0079.0070.0054.0058.0044.0055.0058.0050.0040.0056.0055.0059.0053.0065.00
Deferred tax4.00-2.00-37.00-16.00-3.00-8.0011.00-3.00-6.001.0013.002.003.006.0012.00-3.00
Tax expense20.0027.0042.0054.0051.0050.0055.0052.0052.0050.0053.0059.0058.0065.0065.0062.00
Profit for the period57.0076.00119.00156.00174.00162.00173.00158.00156.00160.00176.00182.00182.00200.00211.00184.00
Profit attributable to owners57.0076.00119.00156.00174.00162.00173.00158.00156.00—176.00182.00—200.00211.00184.00
Profit attributable to non-controlling interests0.000.000.000.000.000.000.000.000.00—0.000.00—0.000.000.00
Other comprehensive income-5.0030.0017.0015.00-3.00-2.0011.00-3.00-16.0033.0017.0025.0033.0024.0059.002.00
Total comprehensive income52.00106.00136.00172.00171.00160.00184.00154.00139.00193.00193.00207.00216.00224.00269.00186.00
Earnings per share, basic2.513.385.276.907.687.147.656.966.887.047.778.018.028.809.298.11
Earnings per share, diluted2.483.365.246.847.617.087.596.916.826.987.687.927.938.679.157.99

Annual results, as filed

Line2019-03-312020-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations3,966.004,182.004,244.004,848.004,902.005,281.005,687.00
Other income93.0088.00138.00103.00159.00160.00234.00
Total income4,059.004,270.004,382.004,951.005,061.005,441.005,921.00
Cost of materials consumed0.000.000.000.000.000.000.00
Purchases of stock-in-trade115.00152.00110.00132.007.0053.0039.00
Changes in inventories73.0031.000.000.000.000.000.00
Employee benefit expense2,786.003,006.002,575.003,123.003,102.003,390.003,631.00
Finance costs37.0061.0035.0028.0021.0017.0012.00
Depreciation and amortisation89.00159.00185.00183.00134.00102.0091.00
Other expenses513.00485.00902.001,041.00921.001,020.001,101.00
Total expenses3,614.003,894.003,807.004,507.004,185.004,583.004,875.00
Profit before exceptional items and tax445.00376.00574.00444.00876.00858.001,047.00
Exceptional items0.000.000.000.000.000.00-25.00
Profit before tax445.00376.00574.00444.00876.00858.001,022.00
Current tax140.00101.00154.00157.00226.00203.00224.00
Deferred tax-14.003.00-2.00-40.00-15.005.0023.00
Tax expense127.00104.00152.00116.00211.00208.00247.00
Profit for the period319.00272.00422.00328.00665.00650.00775.00
Profit attributable to owners314.00263.00416.00328.00665.00650.00775.00
Profit attributable to non-controlling interests5.008.005.000.000.000.000.00
Other comprehensive income4.002.006.0060.0022.0030.00140.00
Total comprehensive income322.00273.00427.00388.00687.00680.00915.00
Earnings per share, basic13.9311.6918.4314.4729.3628.6534.12
Earnings per share, diluted13.7011.5318.2714.4029.1328.4333.69

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets3,899.004,121.004,401.004,648.004,822.005,173.005,412.006,084.00
Non-current assets1,370.001,803.001,762.002,054.002,043.001,858.001,966.002,033.00
Current assets2,529.002,318.002,640.002,594.002,779.003,315.003,446.004,050.00
Property, plant and equipment357.00326.00283.00224.00191.00188.00178.00105.00
Capital work-in-progress1.000.000.005.006.001.006.001.00
Goodwill732.00745.00751.00756.00902.00914.00949.001,004.00
Other intangible assets148.00102.0072.0054.0076.0068.0057.0047.00
Inventories0.000.000.000.000.000.000.000.00
Trade receivables720.00730.00720.00732.00708.00790.00798.00924.00
Cash and cash equivalents470.00474.00481.00443.00346.00271.00374.00416.00
Total equity and liabilities3,899.004,121.004,401.004,648.004,822.005,173.005,412.006,084.00
Equity2,764.002,976.003,252.003,562.003,706.004,070.004,279.004,719.00
Equity share capital45.0045.0045.0045.0045.0045.0046.0045.00
Other equity2,719.002,931.003,207.003,517.003,660.004,024.004,234.004,674.00
Total liabilities1,135.001,145.001,149.001,086.001,116.001,103.001,133.001,364.00
Non-current liabilities302.00287.00256.00232.00273.00221.00205.00214.00
Current liabilities833.00858.00894.00854.00844.00882.00929.001,150.00
Borrowings, non-current0.000.000.000.000.000.000.000.00
Borrowings, current0.000.000.000.000.000.000.000.00
Trade payables304.00277.00312.00310.00326.00344.00360.00367.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities304.00714.00316.00642.00172.00565.00307.00771.00
Net cash from investing activities-217.00-528.00-188.00-475.00-96.00-480.0064.00-241.00
Net cash from financing activities-124.00-219.00-121.00-197.00-190.00-264.00-275.00-401.00
Purchase of property, plant and equipment42.0037.006.0016.0016.0037.0023.0054.00
Net increase in cash-36.00-31.007.00-31.00-105.00-172.00103.00146.00
con:CFO.BEFORE_TAX314.00807.00409.00875.00275.00786.00400.00965.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING11.0092.0093.00233.00102.00221.0093.00194.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED1,053.002,425.00953.002,004.002,178.003,981.002,767.005,793.00
con:INVESTMENTS_SOLD828.001,872.00853.001,526.002,063.003,722.002,922.005,658.00
con:PPE_DISPOSALS3.003.000.001.001.002.001.002.00
con:CF_INVESTING.SUBSIDIARIES_SOLD1.003.001.001.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.000.00120.00120.001.001.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302026-03-312026-06-30
Promoter and promoter group49.1549.2149.2149.2049.2049.1749.1749.1349.1049.0749.060.490.490.49
Domestic institutions11.4715.7817.3116.5416.4517.5319.0519.0519.8319.8920.520.220.240.22
Mutual funds——————————17.880.200.210.20
Insurance companies0.000.110.111.051.891.691.611.661.891.351.400.010.010.01
Foreign institutions10.7510.5412.5916.6617.1216.5315.7414.8415.0614.9814.560.130.100.11
Government——————————0.000.000.00—
Public50.8550.7950.7950.8050.8050.8350.8350.8750.9050.9350.940.510.510.51
Non-institutional28.6324.4720.9017.6017.2316.7616.0516.9716.0116.0615.860.150.160.18
Shares outstanding226373644226465358226483891226512982226521592226633191226669140226810436226972224227109412227169322227333181227494454227533892

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Zensar Technologies INC.SUBSIDIARYAny other transaction, Sale of goods or services5,248,910,000.002
Zensar Technologies (UK) LimitedSUBSIDIARYAny other transaction, Dividend received, Sale of go3,185,320,000.003
ZENSAR (SOUTH AFRICA) (PTY) LTDSUBSIDIARYAny other transaction, Sale of goods or services2,058,120,000.002
Swallow Associates LLPEntities which have the ability toDividend paid424,100,000.001
M3BI India Pvt LtdSUBSIDIARYAny other transaction, Dividend received, Purchase o272,320,000.004
South Africa HoldingSubsidiaryDividend received189,780,000.001
Summit Securities Limited (Summit)Entities which have the ability toDividend paid175,200,000.001
Manish TandonKey Management PersonnelAny other transaction, Remuneration153,490,000.003
Instant Holdings LimitedEntities which have the ability toDividend paid134,240,000.001
RPG Enterprises LimitedEntities where Key management persAny other transaction, Purchase of goods or services97,750,000.002
SOFREAL MERCANTRADE PVT LTDEntities which have the ability toDividend paid42,020,000.001
FoolProof LimitedSUBSIDIARYAny other transaction, Sale of goods or services38,900,000.002
Mr. Harsh Vardhan GoenkaKey Management PersonnelAny other transaction27,950,000.001
RPG FoundationEntities where Key management persAny other transaction22,770,000.002
Mr. Anant Vardhan GoenkaKey Management PersonnelAny other transaction21,460,000.001

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2025-11-10Q2FY26LIMITEDRead the call
2025-07-28Q1FY26LIMITED, ZENSAR TECHNOLOGIES LIMITEDRead the call
2024-07-29Q1FY25Read the call
2024-05-02Q4FY24LIMITEDRead the call
2024-01-30Q3FY24LIMITEDRead the call
2023-07-26Q1FY24LIMITEDRead the call
2023-05-17Q4FY23LIMITEDRead the call
2023-01-31Q3FY23ZENSAR TECHNOLOGIES LIMITEDRead the call
2019-01-29Q3FY19Limited, Zensar Technologies LimitedRead the call

Some earlier announcements under this heading are covering letters only — no transcript was attached.

What they said about it, quarter by quarter

TopicQ1FY25Q1FY26Q2FY26Q3FY19Q3FY23Q3FY24Q4FY23Q4FY24
Capex—I will take you through some of the key “Business and Financial Metrics” for the quarter ending June '25: Overall, macro environment remains challengi…And what I would say is I see a more secular trend on TMT in terms of the amount of money that is being put in CapEx by some of our clients.Great and one last question on the capex.————
Capital allocationSo, Amit, financially, whatever we had to communicate on the acquisition, we have communicated in the filings.So, I think when you look at the current cash balance, of course, there is a dividend, which is outstanding.Because I think last year we did 2 large deals and anything on that front that could sort of help improve growth, anything from an acquisition perspec…In terms of our acquisition, all acquired companies have had a strong quarter, and they all continue to play a pivotal role in their respective areas …Be it improving the service line mix, be it improving the commercial with the customers, be it optimization of pyramid, support cost, and also improvi…Sir, are you looking for any acquisition because we have got considerably cash and cash reserves and especially in Healthcare sector we are having les…The Board of Directors has recommended a final dividend of INR3.5 per share for FY '23, subject to approval from shareholders.And we are looking at acquisition targets also based on that.
Costs—And while the supply side seems to be like pretty good right now, attrition is low, is there a pocket on the supply side where there is a cost pressur…—————I mean the more the sector is under stress, I would say, easier it is to pitch a large deal there, because they are looking at cost savings.
DemandAnd also, from a large deal in the pipeline, how does that look?We saw continued resilience in our key accounts and a healthy pipeline of AI-driven deals fueled by our ongoing investments in emerging technologies.We launched ZenseAI, agentic AI platform to drive enterprise-level innovation and intelligence. • Zensar was named a challenger in Avasant Digital Mas…Overall, pipeline remains very healthy and crossed $1 billion mark for the first time in our company.As we called out in the last earnings call, the softness was due to the deceleration in the demand environment, where we have seen a segment of our cl…We look at order booking and not order backlog.The current demand environment continues to be challenging, driven by global uncertainty.The first is, if you contrast where we are today from the total order bookings and, let's say, definitive client situations, how would you sort of con…
GuidanceSo, I was just requesting to understand about your margin outlook for the year.Looking ahead, while we anticipate some macro-driven variability in client budgets, our diversified portfolio and focus on high-value offerings positi…We have also intensified the focus on enhancing the leadership proficiency in emerging AI areas, thereby creating a pool of strong strategic consultan…I am not asking for a guidance on FY2020, but if you take this $500 million TCV which you have won, given that it is a long duration TCV, should we as…However, insurance vertical saw a decline due to delay in decision making at some of our customers and right shifting of milestones that impacted us a…—But yes, the answer to latter part of your question is that, yes, if we are taking additional service offerings to the market, then if our existing cl…But at the same time, we expect that the normalized depreciation going forward could continue to be in the range of $3.2 million to $3.5 million per q…
MarginI know you have not asked about the margin, but I'm sure that the next question is going to be on the margin.July 22, 2025 believe the margin walk could be slightly tougher in the next 2 quarters and still, we believe we could be closer to 15% for the full ye…This quarter, Zensar delivered steady revenue and margin growth through disciplined execution and a sharp focus on capability building.Overall, Q3 fiscal 2019, GM and EBITDA, were adversely affected.Our gross margin stood at 27.4% in Q3 FY '23, representing a sequential Q-o-Q increase of 200 basis points while our EBITDA stood at 11.3%, a sequenti…And Sachin if I presume you said in the opening remarks provision for doubtful debts has been reversed in this quarter which impacted margin by 110 ba…Zensar Technologies Limited May 12, 2023 We exited Q4 FY '23 at an EBITDA of 14.5%, an increase of 320 basis points from previous quarters.Congrats on a good execution, both on revenue and margin.
PeopleAnd in terms of the hiring plans, how do you see that in -- like we are running at 84% kind of utilization and what are the hiring plans?Our LTM attrition further improved to 9.8% from 9.9% in the last quarter.This coupled with 9.8% attrition demonstrates our commitment to employee recognition and financial discipline, while continuing to execute our strateg…Our attrition rate stood at 16.6%, down 40 basis points from last quarter.I'm pleased to share that for the third quarter, our last 12 months attrition declined to 22.8%, a sequential improvement of 350 basis points.So, Sandeep combination of furloughs and utilization has impact of close to 200 basis points on our gross margins and normally the data of the split w…LTM attrition for Q4 stood at 19.8%, which is lowest among the recent quarters has helped us manage the cost better.Manish, over the course of last 12 to 15 months since you joined, we have still seen some amount of leadership flux in the organization, including som…
Pricing—And sir, just a related question, one of your large peers have said large deals are coming more on cost takeout and vendor consolidation and there is …—So is it the case that the deals that we are winning, mostly on the CIS side, are at the cost of margins or at a lower pricing because if you see the …Look, my belief is that the pricing is determined by the market and margins is determined by execution.———
Revenue growthAnd how should we be thinking about our earlier thought process about seeing sequential revenue growth every single quarter through FY '25 in the back…Our gross profit stood at 30.5%, sequential growth of 20 bps Q-on-Q and order book remains healthy.For Q2 FY '26, Zensar reported revenues of $162.8 million, a year-over-year growth of 4.2% in reported currency, and 3.4% in constant currency.In terms of topline, we had a very good Q3 fiscal 2019.Banking, Financial Services and Insurance reported sequential Q-o-Q decline of 1.3%, but a Y-o-Y growth of 19.8% in constant currency.So, I'm pretty bullish about our growth prospects, revenue growth prospects as far as non-Hi- Tech vertical is concerned.For the financial year '23, the reported revenue in U.S. dollar terms stood at $604.2 million, reflecting growth of 6.1% year-on-year.And it continues to be our aspiration, it continues to be our drive to make sure that we continue to have revenue growth every quarter.