Zensar Technologies Ltd
NSE: ZENSARTECH · Computers - Software & Consulting · sector
₹505.30NSE close 2026-10-26
Key numbers
Market cap₹11,470 cr
Price₹505.30
52w high / low₹822 / ₹416
P/E14.8xSector median 17.5x
P/B2.4xSector median 2.7x
Book value₹207.9
Dividend yield2.65%Sector median 1.66%
ROE17.7%Sector median 14.4%
ROCE22.0%Sector median 15.3%
OPM15.5%Sector median 16.9%
Debt / equity0.00xSector median 0.04x
EV/EBITDA9.8xSector median 13.2x
Interest cover86.6x
Current ratio3.52x
Sales growth 3y+5.5%Sector median +10.8%
Profit growth 3y+33.2%Sector median +14.9%
PEG0.45x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 80 companies in Computers - Software & Consulting (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2,591 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 86.6x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 30% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹505.30 on 2026-10-26: -38.5% from the 52-week high, +21.4% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹920.30 · low ₹422.55
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,308 | 1,326 | 1,359 | 1,385 | 1,421 | 1,431 | 1,450 | 1,508 |
| EBITDA | 201 | 207 | 212 | 211 | 220 | 224 | 236 | 221 |
| OPM % | 15.4% | 15.6% | 15.6% | 15.2% | 15.5% | 15.7% | 16.3% | 14.6% |
| Other income | 41 | 31 | 46 | 57 | 49 | 63 | 65 | 57 |
| Net profit | 156 | 160 | 176 | 182 | 182 | 200 | 211 | 184 |
| EPS (₹) | 6.88 | 7.04 | 7.77 | 8.01 | 8.02 | 8.80 | 9.29 | 8.11 |
| Revenue YoY | +8.7% | +7.9% | +6.7% | +8.9% | ||||
| Profit YoY | +17.0% | +25.0% | +19.4% | +1.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 4,244 | 4,848 | 4,902 | 5,281 | 5,687 | 5,811 |
| EBITDA | 656 | 552 | 872 | 817 | 891 | 902 |
| Net profit | 416 | 328 | 665 | 650 | 775 | 776 |
| EPS (₹) | 18.43 | 14.47 | 29.36 | 28.65 | 34.12 | 34.22 |
| Revenue growth | +14.2% | +1.1% | +7.7% | +7.7% | +8.1% | |
| Profit growth | -21.3% | +103.0% | -2.3% | +19.2% | +15.2% | |
| Dividend / share (₹) | 3.90 | 5.00 | 5.50 | 9.00 | 13.40 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +5.5% | – | +8.1% |
| Net profit | +33.2% | – | +15.2% |
| EPS | +33.1% | – | – |
| Share price | – | -13.6% (2y) | -34.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 2,976 | 3,562 | 4,070 | 4,719 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 1,179 | 1,375 | 1,997 | 2,591 |
| Total assets | – | 4,121 | 4,648 | 5,173 | 6,084 |
| Fixed assets | – | 326 | 224 | 188 | 105 |
| Capital work in progress | – | 0 | 5 | 1 | 1 |
| Investments | – | 448 | 758 | 460 | 261 |
| Receivables | – | 730 | 732 | 790 | 924 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 277 | 310 | 344 | 367 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 335 | 714 | 642 | 565 | 771 |
| Cash from investing | -17 | -528 | -475 | -480 | -241 |
| Cash from financing | -183 | -219 | -197 | -264 | -401 |
| Capex | 57 | 37 | 16 | 37 | 54 |
| Free cash flow | 278 | 678 | 626 | 528 | 717 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 11.0% | 18.7% | 16.0% | 16.4% |
| ROCE % | – | 15.9% | 25.2% | 21.5% | 21.9% |
| Debtor days | – | 55 | 55 | 55 | 59 |
| Inventory days | – | 0 | 0 | 0 | 0 |
| Payable days | – | 765 | 15,266 | 2,367 | 3,456 |
| Cash conversion cycle (days) | – | -710 | -15,211 | -2,312 | -3,397 |
| Working capital days | – | 110 | 130 | 168 | 186 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 48.98% |
| FIIs | 10.21% |
| DIIs | 21.71% |
| of which Mutual funds | 19.44% |
| of which Insurance | 1.25% |
| Public (non-institutions) | 18.82% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 49.10% | 49.07% | 49.06% | 49.02% | 49.01% | 49.00% | 48.99% | 48.98% |
| Promoter group | % |
|---|---|
| Swallow Associates LLP | 26.62% |
| Summit Securities Limited | 11.00% |
| Instant Holdings Limited | 8.43% |
| Sofreal Mercantrade PVT Ltd | 2.64% |
| Chattarpati Apartments LLP | 0.10% |
| Harshvardhan Goenka | 0.07% |
| RPG Ventures Limited | 0.07% |
| Stel Holdings Limited | 0.06% |
| Nucleus Life Trust through Trustee, Mr. Harshvardhan Goenka | 0.00% |
| Prism Estates Trust through Trustee, Mr. Harshvardhan Goenka | 0.00% |
| AVG Family Trust through Trustees, Mr. Harsh Vardhan Goenka and Mr Anant Goenka | 0.00% |
| Secura India Trust through Trustee, Mr. Harshvardhan Goenka | 0.00% |
| Ishaan Goenka Trust through Trustee, Mr. Harshvardhan Goenka | 0.00% |
| RG Family Trust through Trustee, Mr. Harsh Vardhan Goenka and Mr Anant Goenka | 0.00% |
| Navya Goenka Trust through Trustee, Mr. Harshvardhan Goenka | 0.00% |
| Public holders above 1% | % |
|---|---|
| HDFC Mutual Fund-hdfc Retirement Fund - Hybrid-deb | 8.52% |
| Franklin India Opportunites Fund | 3.33% |
| ICICI Prudential Technology Fund | 1.81% |
| Nippon Life India Trustee Ltd-a/c Nippon India NIF | 1.62% |
| Tata Digital India Fund | 1.02% |
2,38,986 shareholders. Pledged: 0.00% of promoter shares.
Peers in Computers - Software & Consulting
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TCS | ₹9,17,670 cr | 17.8x | 7.7x | 45.8% | 59.1% | 25.0% | +5.8% | 4.31% |
| INFY | ₹4,72,230 cr | 15.7x | 5.1x | 32.1% | 44.9% | 23.0% | +6.8% | 3.95% |
| HCLTECH | ₹3,84,716 cr | 20.9x | 5.0x | 24.9% | 31.9% | 19.9% | +8.7% | 3.80% |
| WIPRO | ₹1,87,403 cr | 14.8x | 2.4x | 16.0% | 19.6% | 19.3% | +0.8% | 6.18% |
| TECHM | ₹1,59,037 cr | 28.8x | 5.4x | 16.1% | 25.2% | 16.8% | +2.2% | 2.53% |
| LTM | ₹1,20,617 cr | 23.1x | 4.7x | 21.2% | 28.2% | 16.7% | +8.4% | 1.66% |
| PERSISTENT | ₹92,284 cr | 50.8x | 10.7x | 22.9% | 28.2% | 16.3% | +20.9% | 0.63% |
| COFORGE | ₹66,873 cr | 40.5x | 7.0x | 21.6% | 24.9% | 17.3% | +27.0% | 0.81% |
| MPHASIS | ₹48,819 cr | 25.5x | 4.5x | 18.8% | 22.3% | 18.4% | +4.8% | 2.23% |
| ZENSARTECH | ₹11,470 cr | 14.8x | 2.4x | 17.7% | 22.0% | 15.5% | +5.5% | 2.65% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Digital and Application Services | ₹4,426 cr | 77.8% | ₹762 cr | 17.2% |
| Cloud Infrastructure and Security | ₹1,262 cr | 22.2% | ₹261 cr | 20.7% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-17 | Dividend | Dividend - Rs 12.60 Per Share |
| 2026-01-29 | Dividend | Interim Dividend - Rs 2.40 Per Share |
| 2025-07-11 | Dividend | Dividend - Rs 11 Per Share |
| 2025-01-28 | Dividend | Interim Dividend - Rs 2 Per Sh |
| 2024-07-19 | Dividend | Dividend - Rs 7 Per Share |
| 2024-02-02 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2023-07-21 | Dividend | Dividend - Rs 3.50 Per Share |
| 2023-02-03 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2022-07-14 | Dividend | Dividend - Rs 3.50 Per Share |
| 2022-02-03 | Dividend | Interim Dividend - Rs 1.50 Per Share |
| 2021-09-15 | Dividend | Dividend - Rs 2.40 Per Share |
| 2021-01-29 | Dividend | Interim Dividend - Rs 1.20 Per Share |
| 2020-07-27 | Other | Annual General Meeting |
| 2020-03-18 | Dividend | Interim Dividend - Rs 1.80 Per Share |
| 2020-02-06 | Dividend | Interim Dividend - Re 1 Per Share |
| 2019-07-25 | Dividend | Annual General Meeting/ Dividend - Rs 1.80 Per Share |
| 2019-01-31 | Dividend | Interim Dividend - Re 1 Per Share |
| 2018-09-07 | Split | Face Value Split (Sub-Division) - From Rs 10 /- Per Share To Rs 2/- Per Share |
| 2018-07-30 | Dividend | Annual General Meeting / Dividend - Rs 7 Per Share |
| 2018-01-30 | Dividend | Interim Dividend - Rs 5 Per Share |
Documents
- Annual report FY26
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- IT Services: The Company is engaged in providing a comprehensive range of Information Technology (IT) services and solutions. Its industry expertise spans Manufacturing, Retail, Telecom, Media, Banking & financial services, Insurance, Healthcare, Technology, and Telecommunications. During FY 2025-26, the Company generated revenue primarily from Cloud and Infrastructure services, Advance engineering services, Data & Analytics services, application management, maintenance of software and hardware systems, digital transformation services.
| Sector | Information Technology |
| Industry | Computers - Software & Consulting |
| Sub-industry | Computers - Software & Consulting |
| Symbol | ZENSARTECH |
| BSE code | 504067 |
| ISIN | INE520A01027 |
| Face value | ₹2.0 |
| Incorporated | 1963-03-29 |
| Website | www.zensar.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.