Zensar Technologies Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Strong return on equity (ROE 17.3%)
- Efficient capital deployment (ROCE 22.8%)
- Attractively valued vs sector (P/E 14.1x vs industry 37.2x)
- Virtually debt-free
- Regular dividends — yield 3%
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TCS Tata Consultancy Services Limited | ₹2,460 | ₹9.2L Cr | 16.8 | 7.48 | 51.8 | 63 | 0.1 |
| INFY Infosys Limited | ₹1,123 | ₹4.7L Cr | 14.8 | 4.6 | 31.9 | 40 | 0.09 |
| HCLTECH HCL Technologies Limited | ₹1,401 | ₹3.9L Cr | 20.3 | 5 | 23.8 | 30.4 | 0.08 |
| WIPRO Wipro Limited | ₹185 | ₹1.9L Cr | 14.3 | 2.31 | 15.5 | 17.8 | 0.28 |
| TECHM Tech Mahindra Limited | ₹1,777 | ₹1.8L Cr | 30.7 | 5.86 | 17.5 | 23.1 | 0.07 |
| LTM LTM Limited | ₹4,104 | ₹1.2L Cr | 21.9 | 4.71 | 23.1 | 29.6 | 0.09 |
| PERSISTENT Persistent Systems Limited | ₹5,848 | ₹91K Cr | 48.4 | 10.75 | 27.2 | 34.4 | 0.07 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ZENSARTECH · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 49.20% | 49.18% | 49.17% | 49.14% | 49.10% | 49.07% |
| FII | 17.12% | 16.53% | 15.74% | 14.84% | 15.06% | 14.98% |
| DII | 16.45% | 17.53% | 19.04% | 19.05% | 19.83% | 19.89% |
| Public | 17.23% | 16.77% | 16.06% | 16.98% | 16.01% | 16.06% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 12.60 Per Share
Interim Dividend - Rs 2.40 Per Share
Dividend - Rs 11 Per Share
Interim Dividend - Rs 2 Per Sh
Dividend - Rs 7 Per Share
Interim Dividend - Rs 2 Per Share
Dividend - Rs 3.50 Per Share
Latest News
All newsZensar acquires M3BI LLC in overseas expansion move
*Zensar acquires M3BI LLC in overseas expansion move*. The merger of M3BI LLC with Zensar Technologies Inc. marks a strategic step to strengthen its global digital capabilities. This move enhances Zensar's presence in the US market. The financial details of the deal were not disclosed. 📊 *STOCKS:* $ZENSARTECH | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #Acquisition
Zensar to merge US subsidiary into parent firm
*Zensar to merge US subsidiary into parent firm.* The move aims to streamline operations and reduce compliance costs. Integration expected to improve operational efficiency and governance. No financial details disclosed, but structural benefits likely over time. 📊 *STOCKS:* $ZENSARTECH | 🏢 *SECTOR:* IT | #MEDIUMIMPACT #Merger
MSCI August 2026 rebalancing adds four, drops three stocks
*MSCI August 2026 rebalancing adds four, drops three stocks*. MSCI includes **APOLLOHOSP**, **PERSISTENT**, **DEEPAKNTR**, and **ATGL** effective August 2026. Exits include **BEL**, **MOTHERSUMI**, and **ZENSARTECH**. The move may trigger passive fund inflows into new entrants and outflows from deleted stocks. 📊 *STOCKS:* APOLLOHOSP, PERSISTENT, DEEPAKNTR, ATGL, BEL, MOTHERSUMI, ZENSARTECH | 🏢 *SECTOR:* Indices | #MEDIUMIMPACT #MSCI
Zensar to host analyst and investor meet.
*Zensar to host an analyst and investor conference call.* The event aims to provide updates on company strategy and performance. No financial figures or major announcements were disclosed. Details of the schedule are available in the NSE filing. 📊 *STOCKS:* $ZENSARTECH | 🏢 *SECTOR:* IT | #LOWIMPACT #IT
Zensar hosts analyst and investor meet today.
*Zensar hosts analyst and investor meet today.* The company held a discussion with institutional investors and analysts to provide updates on business performance and strategy. No major announcements were made. The event is part of routine investor engagement. 📊 *STOCKS:* ZENSARTECH | 🏢 *SECTOR:* IT | #LOWIMPACT #AnalystMeet
Zensar hosts analyst and investor call updates.
*Zensar hosts analyst and investor call updates.* The company shared recent business updates during its investor meet. No major financial announcements or guidance revisions were disclosed. The recording of the call is available on the NSE portal. 📊 *STOCKS:* $ZENSARTECH | 🏢 *SECTOR:* IT | #LOWIMPACT #Earnings
Zensar Technologies to hold 63rd Annual General Meeting
*Zensar Technologies to hold 63rd Annual General Meeting.* The company has published the notice in accordance with regulatory requirements. **AGM date and key details** will be disclosed in the notice. Shareholders are advised to review the publication for agenda items. 📊 *STOCKS:* ZENSARTECH | 🏢 *SECTOR:* IT | #LOWIMPACT #AGM
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.4K Cr 1.3% | ₹1.4K Cr 0.7% | ₹1.4K Cr 2.6% | ₹1.4K Cr 1.9% | ₹1.4K Cr 2.5% | ₹1.3K Cr 1.4% | ₹1.3K Cr 1.6% | ₹1.3K Cr |
| Op. Profit | ₹236 Cr 5.6% | ₹250 Cr 13.6% | ₹220 Cr 4.3% | ₹211 Cr 0.5% | ₹212 Cr 2.4% | ₹207 Cr 3.0% | ₹201 Cr 2.6% | ₹196 Cr |
| OPM | 16.0% 5.9% | 17.0% 13.3% | 15.0% 0.0% | 15.0% 6.3% | 16.0% 0.0% | 16.0% 6.7% | 15.0% 0.0% | 15.0% |
| Net Profit | ₹211 Cr 5.5% | ₹200 Cr 9.9% | ₹182 Cr 0.0% | ₹182 Cr 3.4% | ₹176 Cr 10.0% | ₹160 Cr 2.6% | ₹156 Cr 1.3% | ₹158 Cr |
| EPS (₹) | 9.26 5.3% | 8.79 9.7% | 8.01 0.0% | 8.01 3.1% | 7.77 10.4% | 7.04 2.6% | 6.86 1.6% | 6.97 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹5.7K Cr 7.7% | ₹5.3K Cr 7.7% | ₹4.9K Cr 1.1% | ₹4.8K Cr 14.2% | ₹4.2K Cr 12.2% | ₹3.8K Cr 9.6% | ₹4.2K Cr 5.4% | ₹4.0K Cr 27.6% | ₹3.1K Cr 1.7% | ₹3.1K Cr |
| Expenses | ₹4.8K Cr 6.9% | ₹4.5K Cr 10.8% | ₹4.0K Cr 6.2% | ₹4.3K Cr 19.8% | ₹3.6K Cr 15.8% | ₹3.1K Cr 15.7% | ₹3.7K Cr 5.4% | ₹3.5K Cr 27.1% | ₹2.7K Cr 2.6% | ₹2.7K Cr |
| Op. Profit | ₹916 Cr 12.1% | ₹817 Cr 6.3% | ₹872 Cr 58.0% | ₹552 Cr 15.9% | ₹656 Cr 4.2% | ₹685 Cr 35.1% | ₹507 Cr 5.8% | ₹479 Cr 31.2% | ₹365 Cr 4.5% | ₹382 Cr |
| OPM | 16.0% 6.7% | 15.0% 16.7% | 18.0% 63.6% | 11.0% 26.7% | 15.0% 16.7% | 18.0% 50.0% | 12.0% 0.0% | 12.0% 0.0% | 12.0% 0.0% | 12.0% |
| Other Income | ₹209 Cr 30.6% | ₹160 Cr 0.6% | ₹159 Cr 54.4% | ₹103 Cr 25.4% | ₹138 Cr 675.0% | ₹-24 Cr 127.3% | ₹88 Cr 5.4% | ₹93 Cr 25.7% | ₹74 Cr 208.3% | ₹24 Cr |
| Interest | ₹12 Cr 29.4% | ₹17 Cr 19.0% | ₹21 Cr 25.0% | ₹28 Cr 20.0% | ₹35 Cr 35.2% | ₹54 Cr 11.5% | ₹61 Cr 64.9% | ₹37 Cr 60.9% | ₹23 Cr 155.6% | ₹9 Cr |
| Depreciation | ₹91 Cr 10.8% | ₹102 Cr 23.9% | ₹134 Cr 26.8% | ₹183 Cr 1.1% | ₹185 Cr 5.7% | ₹175 Cr 10.1% | ₹159 Cr 78.7% | ₹89 Cr 36.9% | ₹65 Cr 32.7% | ₹49 Cr |
| PBT | ₹1.0K Cr 19.1% | ₹858 Cr 2.1% | ₹876 Cr 97.3% | ₹444 Cr 22.6% | ₹574 Cr 32.6% | ₹433 Cr 15.2% | ₹376 Cr 15.5% | ₹445 Cr 26.4% | ₹352 Cr 0.9% | ₹349 Cr |
| Tax % | 24.0% 0.0% | 24.0% 0.0% | 24.0% 7.7% | 26.0% 3.7% | 27.0% 6.9% | 29.0% 3.6% | 28.0% 0.0% | 28.0% 6.7% | 30.0% 6.3% | 32.0% |
| Net Profit | ₹775 Cr 19.2% | ₹650 Cr 2.3% | ₹665 Cr 102.7% | ₹328 Cr 22.3% | ₹422 Cr 37.5% | ₹307 Cr 12.9% | ₹272 Cr 14.7% | ₹319 Cr 29.7% | ₹246 Cr 3.4% | ₹238 Cr |
| EPS (₹) | 34.05 19.0% | 28.61 2.5% | 29.34 102.8% | 14.47 21.4% | 18.4 38.3% | 13.3 13.8% | 11.69 16.1% | 13.93 29.7% | 10.74 2.6% | 10.47 |
| Div Payout | 44.0% 2.2% | 45.0% 45.2% | 31.0% 11.4% | 35.0% 29.6% | 27.0% 0.0% | 27.0% 12.5% | 24.0% 20.0% | 20.0% 9.1% | 22.0% 4.3% | 23.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹45 Cr 0.0% | ₹45 Cr 0.0% | ₹45 Cr 0.0% | ₹45 Cr 0.0% | ₹45 Cr 0.0% | ₹45 Cr 0.0% | ₹45 Cr 0.0% | ₹45 Cr 0.0% | ₹45 Cr 0.0% | ₹45 Cr |
| Reserves | ₹4.7K Cr 16.2% | ₹4.0K Cr 14.4% | ₹3.5K Cr 20.0% | ₹2.9K Cr 10.9% | ₹2.6K Cr 15.0% | ₹2.3K Cr 12.3% | ₹2.0K Cr 7.8% | ₹1.9K Cr 16.8% | ₹1.6K Cr 13.8% | ₹1.4K Cr |
| Borrowings | ₹79 Cr 36.8% | ₹125 Cr 32.8% | ₹186 Cr 31.9% | ₹273 Cr 18.5% | ₹335 Cr 4.3% | ₹350 Cr 5.4% | ₹332 Cr 10.7% | ₹300 Cr 3233.3% | ₹9 Cr 93.3% | ₹134 Cr |
| Other Liabilities | ₹1.3K Cr 30.3% | ₹978 Cr 8.8% | ₹899 Cr 3.1% | ₹872 Cr 6.7% | ₹817 Cr 10.1% | ₹742 Cr 36.8% | ₹1.2K Cr 38.6% | ₹847 Cr 37.1% | ₹618 Cr 23.6% | ₹500 Cr |
| Total Liabilities | ₹6.1K Cr 17.4% | ₹5.2K Cr 11.3% | ₹4.6K Cr 12.8% | ₹4.1K Cr 7.3% | ₹3.8K Cr 11.9% | ₹3.4K Cr 4.5% | ₹3.6K Cr 16.4% | ₹3.1K Cr 34.6% | ₹2.3K Cr 9.0% | ₹2.1K Cr |
Assets | ||||||||||
| Fixed Assets | ₹1.2K Cr 4.5% | ₹1.2K Cr 13.2% | ₹1.0K Cr 11.9% | ₹1.2K Cr 6.4% | ₹1.3K Cr 10.7% | ₹1.1K Cr 14.4% | ₹1.3K Cr 39.3% | ₹950 Cr 60.5% | ₹592 Cr 32.4% | ₹447 Cr |
| CWIP | ₹176 Cr 17500.0% | ₹1 Cr 80.0% | ₹5 Cr | ₹0 Cr 100.0% | ₹1 Cr | ₹0 Cr 100.0% | ₹11 Cr 8.3% | ₹12 Cr 100.0% | ₹6 Cr 100.0% | ₹3 Cr |
| Investments | ₹1.9K Cr 12.1% | ₹1.7K Cr 21.7% | ₹1.4K Cr 56.6% | ₹899 Cr 177.5% | ₹324 Cr 37.3% | ₹517 Cr 86.0% | ₹278 Cr 141.7% | ₹115 Cr 58.2% | ₹275 Cr 13.2% | ₹243 Cr |
| Other Assets | ₹2.8K Cr 20.3% | ₹2.3K Cr 4.0% | ₹2.2K Cr 7.4% | ₹2.0K Cr 9.3% | ₹2.3K Cr 26.8% | ₹1.8K Cr 10.1% | ₹2.0K Cr 1.5% | ₹2.0K Cr 41.4% | ₹1.4K Cr 0.8% | ₹1.4K Cr |
| Total Assets | ₹6.1K Cr 17.4% | ₹5.2K Cr 11.3% | ₹4.6K Cr 12.8% | ₹4.1K Cr 7.3% | ₹3.8K Cr 11.9% | ₹3.4K Cr 4.5% | ₹3.6K Cr 16.4% | ₹3.1K Cr 34.6% | ₹2.3K Cr 9.0% | ₹2.1K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹771 Cr 36.5% | ₹565 Cr 12.0% | ₹642 Cr 10.1% | ₹714 Cr 112.5% | ₹336 Cr 60.8% | ₹858 Cr 25.1% | ₹686 Cr 339.7% | ₹156 Cr 24.3% | ₹206 Cr 32.2% | ₹304 Cr |
| Investing CF | ₹-224 Cr 52.6% | ₹-473 Cr 0.6% | ₹-476 Cr 9.7% | ₹-527 Cr 17666.7% | ₹3 Cr 100.6% | ₹-530 Cr 68.3% | ₹-315 Cr 37.6% | ₹-229 Cr 61.3% | ₹-142 Cr 30.4% | ₹-204 Cr |
| Financing CF | ₹-401 Cr 51.9% | ₹-264 Cr 34.0% | ₹-197 Cr 10.0% | ₹-219 Cr 19.7% | ₹-183 Cr 60.8% | ₹-467 Cr 137.1% | ₹-197 Cr 198.0% | ₹201 Cr 198.5% | ₹-204 Cr 308.0% | ₹-50 Cr |
| Net Cash Flow | ₹146 Cr 184.9% | ₹-172 Cr 454.8% | ₹-31 Cr 0.0% | ₹-31 Cr 119.9% | ₹156 Cr 212.2% | ₹-139 Cr 179.4% | ₹175 Cr 36.7% | ₹128 Cr 191.4% | ₹-140 Cr 380.0% | ₹50 Cr |
| Free Cash Flow | ₹719 Cr 35.7% | ₹530 Cr 15.5% | ₹627 Cr 7.9% | ₹681 Cr 144.1% | ₹279 Cr 65.9% | ₹819 Cr 34.7% | ₹608 Cr 484.6% | ₹104 Cr 32.5% | ₹154 Cr 42.8% | ₹269 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 59d 7.3% | 55d 0.0% | 55d 0.0% | 55d 20.3% | 69d 21.1% | 57d 1.7% | 58d 28.4% | 81d 8.0% | 75d 17.2% | 64d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 59d 7.3% | 55d 0.0% | 55d 0.0% | 55d 20.3% | 69d 21.1% | 57d 1.7% | 58d 28.4% | 81d 8.0% | 75d 17.2% | 64d |
| Working Capital Days | 20d 33.3% | 30d 11.1% | 27d 28.6% | 21d 41.7% | 36d 89.5% | 19d 5.0% | 20d 64.9% | 57d 18.6% | 70d 42.9% | 49d |
| ROCE | 23.0% 9.5% | 21.0% 16.0% | 25.0% 66.7% | 15.0% 28.6% | 21.0% 0.0% | 21.0% 16.7% | 18.0% 21.7% | 23.0% 0.0% | 23.0% 4.2% | 24.0% |
Source: Screener.in · Lower days = better efficiency