Zensar Technologies (ZENSARTECH)₹565.80−1.12%Computers - Software & Consulting
In the Sep 2026 quarter (consolidated), Zensar Technologies reported sales of ₹1,584 Cr, up 11.7% from Sep 2025, and net profit of ₹190 Cr, up 4.4% year on year. For the year to Mar 2026, sales were ₹5,682 Cr and net profit ₹776 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,203 | 1,228 | 1,286 | 1,307 | 1,323 | 1,357 | 1,383 | 1,418 | 1,430 | 1,449 | 1,505 | 1,584 |
| Expenses | 993 | 1,024 | 1,087 | 1,104 | 1,116 | 1,143 | 1,170 | 1,197 | 1,177 | 1,211 | 1,283 | 1,331 |
| Operating Profit | 208 | 203 | 196 | 201 | 207 | 212 | 211 | 220 | 250 | 236 | 221 | 250 |
| OPM % | 17.0% | 17.0% | 15.0% | 15.0% | 16.0% | 16.0% | 15.0% | 15.0% | 17.0% | 16.0% | 15.0% | 16.0% |
| Other Income | 41.92 | 51.95 | 41.94 | 40.93 | 30.97 | 45.93 | 56.90 | 48.95 | 37.96 | 65.93 | 56.94 | 41.91 |
| Interest | 6.01 | 3.01 | 4.01 | 4.01 | 4.01 | 5.01 | 4.01 | 4.01 | 2.01 | 2.01 | 4.01 | 3.01 |
| Depreciation | 30.91 | 23.91 | 24.91 | 29.87 | 23.91 | 23.92 | 22.92 | 24.92 | 19.92 | 22.90 | 27.88 | 36.87 |
| Profit before tax | 212 | 229 | 210 | 208 | 210 | 230 | 241 | 240 | 265 | 276 | 246 | 252 |
| Tax % | 24.0% | 24.0% | 25.0% | 25.0% | 24.0% | 23.0% | 24.0% | 24.0% | 25.0% | 24.0% | 24.9% | 23.9% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −19.03 | 0.00 | 0.00 | 0.00 |
| Net Profit | 162 | 173 | 158 | 156 | 160 | 176 | 182 | 182 | 200 | 211 | 184 | 190 |
| EPS (Rs) | 7.12 | 7.63 | 6.96 | 6.84 | 7.02 | 7.75 | 7.99 | 7.99 | 8.76 | 9.24 | 8.06 | 8.33 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,948 | 3,052 | 3,101 | 3,963 | 4,175 | 3,774 | 4,236 | 4,843 | 4,893 | 5,272 | 5,682 | 5,967 |
| Expenses | 2,504 | 2,663 | 2,733 | 3,477 | 3,661 | 3,088 | 3,574 | 4,278 | 4,017 | 4,450 | 4,757 | 5,003 |
| Operating Profit | 439 | 382 | 365 | 479 | 507 | 685 | 656 | 552 | 872 | 817 | 915 | 956 |
| OPM % | 15.0% | 12.0% | 12.0% | 12.0% | 12.0% | 18.0% | 15.0% | 11.0% | 18.0% | 15.0% | 16.0% | 16.0% |
| Other Income | 53.92 | 23.95 | 73.85 | 92.81 | 87.86 | −23.97 | 138 | 103 | 159 | 160 | 209 | 203 |
| Interest | 11.02 | 9.01 | 23.05 | 37.06 | 61.10 | 54.07 | 35.03 | 28.05 | 21.04 | 17.02 | 12.01 | 11.04 |
| Depreciation | 64.73 | 48.85 | 64.77 | 88.68 | 158 | 174 | 184 | 182 | 134 | 102 | 90.62 | 108 |
| Profit before tax | 417 | 349 | 352 | 445 | 376 | 433 | 574 | 444 | 876 | 858 | 1,023 | 1,039 |
| Tax % | 30.0% | 32.0% | 30.0% | 27.9% | 27.9% | 29.0% | 27.0% | 26.0% | 24.0% | 24.0% | 24.0% | — |
| Exceptional items | 2.01 | 0.00 | 0.00 | 19.04 | 10.02 | −31.05 | 5.01 | 11.02 | 13.02 | 37.05 | 14.03 | −19.03 |
| Net Profit | 292 | 238 | 246 | 319 | 272 | 308 | 422 | 329 | 666 | 651 | 776 | 786 |
| EPS (Rs) | 12.94 | 10.44 | 10.71 | 13.89 | 11.66 | 13.27 | 18.36 | 14.42 | 29.27 | 28.55 | 33.98 | 34.39 |
| Dividend payout % | 18.0% | 23.0% | 22.1% | 20.1% | 24.1% | 27.1% | 27.1% | 35.1% | 31.1% | 45.1% | 44.1% | — |
| 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 | 43.87 | 44.93 | 44.96 | 44.85 | 44.92 | 44.88 | 44.89 | 44.96 | 44.80 | 44.91 | 44.84 | 44.87 |
| Reserves | 1,111 | 1,219 | 1,427 | 1,621 | 1,896 | 2,040 | 2,294 | 2,639 | 2,925 | 3,513 | 4,015 | 4,663 |
| Borrowings | 176 | 149 | 134 | 8.98 | 300 | 331 | 350 | 335 | 272 | 186 | 125 | 78.89 |
| Other Liabilities | 404 | 457 | 502 | 621 | 851 | 1,180 | 746 | 821 | 876 | 903 | 982 | 1,280 |
| Total Liabilities | 1,734 | 1,870 | 2,108 | 2,295 | 3,092 | 3,596 | 3,433 | 3,841 | 4,118 | 4,648 | 5,167 | 6,067 |
| Fixed Assets | 545 | 385 | 446 | 590 | 947 | 1,319 | 1,130 | 1,249 | 1,170 | 1,031 | 1,166 | 1,218 |
| CWIP | 1.01 | 2.01 | 3.01 | 6.02 | 12.04 | 11.04 | 0.00 | 1.01 | 0.00 | 5.02 | 1.01 | 177 |
| Investments | 93.73 | 134 | 242 | 274 | 115 | 277 | 516 | 323 | 896 | 1,404 | 1,707 | 1,915 |
| Other Assets | 1,094 | 1,350 | 1,417 | 1,427 | 2,019 | 1,988 | 1,787 | 2,266 | 2,053 | 2,207 | 2,292 | 2,758 |
| Inventories | 123 | 126 | 113 | 106 | 97.58 | 93.61 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 455 | 541 | 533 | 643 | 877 | 667 | 590 | 798 | 731 | 733 | 790 | 925 |
| Cash & equivalents | 197 | 277 | 329 | 207 | 326 | 517 | 700 | 856 | 729 | 725 | 744 | 933 |
| Total Assets | 1,734 | 1,870 | 2,108 | 2,295 | 3,092 | 3,596 | 3,433 | 3,841 | 4,118 | 4,648 | 5,167 | 6,067 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 322 | 255 | 305 | 206 | 156 | 688 | 860 | 337 | 716 | 643 | 567 | 773 |
| Cash from investing activity | −183 | −41.09 | −204 | −142 | −230 | −316 | −532 | 3.01 | −528 | −477 | −474 | −224 |
| Cash from financing activity | −86.62 | −128 | −49.77 | −203 | 200 | −196 | −465 | −182 | −218 | −196 | −263 | −399 |
| Net cash flow | 51.18 | 85.33 | 50.21 | −140 | 128 | 176 | −140 | 157 | −31.10 | −31.14 | −173 | 146 |
| Capex | 37.02 | 43.01 | 34.98 | 52.01 | 52.01 | 78.01 | 39.96 | 57.02 | 36.97 | 15.99 | 36.99 | 53.97 |
| Free cash flow | 284 | 212 | 269 | 154 | 104 | 609 | 820 | 280 | 682 | 628 | 531 | 720 |
| CFO / OP % | 107.1% | 82.0% | 107.0% | 85.1% | 61.1% | 158.0% | 146.1% | 74.0% | 146.0% | 100.0% | 96.1% | 105.0% |
| 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 | 63 | 68 | 65 | 76 | 82 | 59 | 58 | 70 | 56 | 56 | 56 | 60 |
| Inventory days | 266 | 304 | — | — | — | — | — | — | — | — | — | — |
| Days payable | 284 | 401 | — | — | — | — | — | — | — | — | — | — |
| Cash conversion cycle | 45 | −29 | 64 | 75 | 81 | 58 | 57 | 69 | 55 | 55 | 55 | 59 |
| Working capital days | 41 | 56 | 49 | 70 | 57 | 20 | 19 | 36 | 21 | 27 | 30 | 20 |
| ROCE % | 30.0% | 31.0% | 24.0% | 23.0% | 23.0% | 18.0% | 21.0% | 21.0% | 15.0% | 25.0% | 21.0% | 23.0% |
For the Sep 2026 quarter, Zensar Technologies reported sales of ₹1,584 Cr, up 11.7% year on year and net profit of ₹190 Cr, up 4.4% year on year. The operating margin was 16.0%.
Zensar Technologies' sales for the year to Mar 2026 were ₹5,682 Cr; over the last twelve months they were ₹5,967 Cr.
Net profit for the year to Mar 2026 was ₹776 Cr, and ₹786 Cr over the last twelve months. Earnings per share over the same trailing period were ₹34.39.
Zensar Technologies reported borrowings of ₹78.89 Cr at Mar 2026, against cash and equivalents of ₹933 Cr.
Cash from operations was ₹773 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹720 Cr.