Zensar Technolgies (ZENSARTECH) had a P/E of 16.7× on 6 Nov 2026, below the industry P/E of 17.7×, and the shares are 25% below their 52-week high. Sales and net profit grew 5.5% and 33% a year over 3 years, with ROCE of 21% and ROE of 17%. It carries very little debt, and its dividend yield is 2.6%. It is a small-cap company with a market cap of ₹12,920 Cr, ranked 18th of 126 Information Technology Services companies by market cap; the shares fell 23% over the past year.
- ₹566.00
- ₹582.00
- ₹561.90
- ₹565.75
- 23.2 L
Health check
- ReturnsBehind
−23.1% over a year, better than 0 of 7 peers.
- Price tagIn line
P/E 16.7 vs industry 17.7.
- GrowthSteady
Sales +5.5%, profit +33.2% a year over 3 years.
- ProfitabilityAverage
ROCE 20.9% vs peer median 27.2%.
- Balance sheetSolid
Practically debt-free, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹12,920 Cr
- Small cap
- P/E
- 16.7
- Industry 17.7
- Price to book
- 2.67
- Peers 5.20
- Dividend yield
- 2.64%
- ROE
- 17.1%
- Peers 22.9%
- ROCE
- 20.9%
- Peers 27.2%
- Debt to equity
- 0.01
- Debt ₹65 Cr
- EPS (TTM)
- ₹34.15
- Face value ₹2
- OPM (TTM)
- 16.0%
- Net margin 13.1%
- Sales growth
- +11.5%
- Latest quarter vs a year ago
- Profit growth
- +4.4%
- Latest quarter vs a year ago
- Price to sales
- 2.16
- EV/EBITDA 11.4
Strengths and risks
Strengths
- Return on capital employed of 20.9%.
- Practically debt-free.
- Dividend yield of 2.64%.
- Positive operating cash flow in each of the last 4 years.
About Zensar Technolgies
Zensar Technologies Limited, a digital solutions and technology services company, provides technology consulting and system integration services in India, the Americas, Europe, Africa, and internationally. It operates through Digital and Application Services, and Cloud Infrastructure Services segments. The company offers- AI/ML, data annotation, data engineering, visualization and analytics, Al foundry intelligence, physical Al foundry, accelerated…
- Headquarters
- Pune
- Employees
- 10,066
- Sector
- Technology
- ISIN
- INE520A01027
- Website
- zensar.com
Price range
- Avg volume (3M)
- 21.4 L
- 1-year return
- minus 23.1%
- From 52-week high
- minus 25.0%
Analyst consensus
Peers · Information Technology Services
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TCSTata Consultancy Services | 2,498.50 | plus 0.11% | 9,03,979 | 17.5 | 7.60 | 54.9% | 45.6% | 26.5% | 5.8% | 5.3% | 1.92% | minus 16.5% |
| INFYInfosys | 1,181.40 | plus 1.20% | 4,78,511 | 15.7 | 4.91 | 39.0% | 30.0% | 23.1% | 6.7% | 6.9% | 4.40% | minus 20.5% |
| HCLTECHHCL Technologies | 1,440.00 | plus 0.66% | 3,89,754 | 21.3 | 5.20 | 27.2% | 24.6% | 20.8% | 8.7% | 3.9% | 3.33% | minus 6.4% |
| WIPROWipro | 198.00 | minus 0.20% | 1,95,898 | 15.6 | 2.46 | 17.8% | 15.9% | 19.2% | 0.8% | 5.2% | 4.04% | minus 16.6% |
| TECHMTech Mahindra | 1,831.00 | plus 0.46% | 1,79,476 | 29.4 | 5.47 | 19.8% | 19.2% | 17.2% | 2.2% | −0.1% | 2.79% | plus 29.3% |
| LTMLTM | 4,338.00 | minus 1.25% | 1,28,620 | 24.6 | 4.97 | 25.4% | 21.0% | 17.9% | 8.4% | 4.4% | 1.80% | minus 21.8% |
| PERSISTENTPersistent Systems | 6,053.50 | minus 0.92% | 99,859 | 53.0 | 11.12 | 29.4% | 22.9% | 16.9% | 20.9% | 26.5% | 0.59% | plus 4.3% |
| ZENSARTECHZensar Technolgies | 568.80 | plus 0.54% | 12,920 | 16.7 | 2.67 | 20.9% | 17.1% | 16.0% | 5.5% | 33.2% | 2.64% | minus 23.1% |
| Median of 7 peers | – | 0.11% | 1,95,898 | 21.3 | 5.20 | 27.2% | 22.9% | 19.2% | 6.7% | 5.2% | 2.79% | −16.5% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 1,385 | 1,431 | 1,450 | 1,508 | 1,585 | |
| 1,174 | 1,181 | 1,215 | 1,287 | 1,336 | |
| 211 | 250 | 236 | 221 | 250 | |
| 15.2% | 17.5% | 16.2% | 14.6% | 15.8% | |
| 56.7 | 63.1 | 65 | 57.3 | 42.3 | |
| 3.6 | 2.3 | 2.5 | 3.5 | 3.3 | |
| 23.1 | 20.3 | 22.7 | 28.5 | 36.8 | |
| – | −25.4 | 0.5 | – | – | |
| 241 | 265 | 276 | 246 | 252 | |
| 24.4% | 24.6% | 23.7% | 25.3% | 24.5% | |
| 182 | 200 | 211 | 184 | 190 | |
| 7.92 | 8.67 | 9.15 | 7.99 | 8.28 |
Profit & loss
- Sales CAGR 3Y
- +5.5%
- Profit CAGR 3Y
- +33.2%
- EPS CAGR 3Y
- +32.7%
- ROE
- 17.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4,848 | 4,902 | 5,281 | 5,687 | |
| – | +1.1% | +7.7% | +7.7% | |
| 4,295 | 4,018 | 4,448 | 4,758 | |
| 554 | 884 | 833 | 930 | |
| 11.4% | 18.0% | 15.8% | 16.4% | |
| 85 | 108 | 82 | 152 | |
| 25.9 | 19.1 | 15.5 | 10.3 | |
| 183 | 134 | 102 | 91.3 | |
| 14.5 | 36.8 | 60.5 | 41.3 | |
| 444 | 876 | 858 | 1,022 | |
| 26.2% | 24.1% | 24.2% | 24.2% | |
| 328 | 665 | 650 | 775 | |
| – | +103.0% | minus 2.3% | +19.2% | |
| 14.40 | 29.13 | 28.43 | 33.69 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 45.3 | 45.3 | 45.4 | 45.3 | |
| 2,931 | 3,517 | 4,024 | 4,674 | |
| 273 | 187 | 125 | 79.3 | |
| 872 | 899 | 978 | 1,285 | |
| 4,121 | 4,648 | 5,173 | 6,084 | |
| 326 | 229 | 190 | 175 | |
| – | 5.5 | 1.7 | 2.8 | |
| 412 | 508 | 412 | 439 | |
| 1,177 | 1,382 | 1,999 | 2,587 | |
| 2,206 | 2,524 | 2,570 | 2,880 | |
| 4,121 | 4,648 | 5,173 | 6,084 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 714 | 642 | 565 | 771 | |
| −528 | −475 | −488 | −241 | |
| −219 | −197 | −265 | −401 | |
| −31.8 | −30.1 | −187 | 129 | |
| −36.8 | −16.4 | −36.9 | −53.7 | |
| 678 | 626 | 528 | 717 | |
| −113 | −125 | −204 | −304 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 25.5% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.