- Total income
- ₹5,441 Cr
- Profit
- ₹650 Cr

About Zensar Technologies Limited
Data last updated:
Zensar Technologies Limited is a public limited company based in Pune, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 29 March 1963 and has been in existence for over 63 years.
Zensar Technologies is ranked #437 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Harsh Vardhan Goenka and family are #139 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L72200PN1963PLC012621. It is a listed company as per MCA records. Its shares are listed on BSE: 504067 and NSE: ZENSARTECH.
The company has an authorised share capital of ₹50.1 Cr and a paid-up capital of ₹45.51 Cr. It was formerly known as Fujitsu Icim Limited and Internationl Computers and Tabulators Indian Manufacturing Company Limited. It is led by directors including Manish Tandon (Managing Director) and Harsh Vardhan Goenka.
Its last annual general meeting (AGM) was held on 24 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Zensar Knowledge Park Kharadi Plot No.4 MIDC Off Nagar Road, Pune, Maharashtra, India – 411014.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹5,687.4 Cr, a growth of 7.7% compared to the previous year. For the same year it recorded a net profit of ₹761.06 Cr (net margin 13.4%) and EBITDA of ₹891.2 Cr (EBITDA margin 15.7%). The net worth stands at ₹4,719.1 Cr (up 16% YoY). Total assets are valued at ₹4,957.1 Cr (up 14.3% YoY).
Its group structure includes 2 subsidiaries.
The company is associated with 3 brands: Zensar, Keystone Logic and Zensar Technologies. As per MCA filings, the company has open charges of ₹126.96 Cr and satisfied charges of ₹16.4 Cr on record. Court records list 41 cases involving the company, including 21 filed by the company and 20 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zensar.com.
Company details
Name history
Zensar Technologies has undergone 2 name changes throughout its history. The company was previously known as Fujitsu Icim Limited, and Internationl Computers And Tabulators Indian Manufacturing Company Limited. The current legal name is Zensar Technologies Limited.
| Company Name | Status |
|---|---|
| Zensar Technologies Limited | Current |
| Fujitsu Icim Limited | Previous |
| Internationl Computers And Tabulators Indian Manufacturing Company Limited | Previous |
Recognitions & Rankings of Zensar Technologies
- Valuation
- ₹17,750 Cr
- #139 Harsh Vardhan Goenka & family ₹25,500 Cr
Contact details
Zensar Technologies Limited's registered office is in Pune, Maharashtra. Its website is zensar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressZensar Knowledge Park Kharadi Plot No.4 MIDC Off Nagar Road, Pune, Maharashtra, India – 411014
- IndustryInformation Technology, Software Development & Support Services, IT Infrastructure Management & Services
To see the full contact details of Zensar Technologies Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Zensar Technologies operates multiple associated brands including Zensar, Keystone Logic, and Zensar Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT services, engineering services and BPO services | zensar.com | |
| Provider of application development, testing, digital marketing, and data management services | keystonelogic.net | |
| Delivers comprehensive IT recruitment services. | zensar-technologies.com |
Business activity
The main business activity of Zensar Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Zensar Technologies Limited, buy the company report.
Financials of Zensar Technologies Limited
FY 2025-26 filings availableZensar Technologies Limited reported revenue of ₹5,687.4 Cr (up 7.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,687 | 5,281 | 4,902 | 4,848 | 4,244 | 3,781 | 4,182 |
| Revenue growth | +7.7% | +7.7% | +1.1% | +14.2% | +12.2% | -9.6% | - |
| EBITDA | 891 | 817 | 872 | 552 | 656 | 636 | 507 |
| EBITDA margin | +15.7% | +15.5% | +17.8% | +11.4% | +15.5% | +16.8% | +12.1% |
| Profit before tax | 1,022 | 858 | 876 | 444 | 574 | 433 | 376 |
| Net profit | 761 | 613 | 652 | 317 | 411 | 331 | 253 |
| Net profit margin | +13.4% | +11.6% | +13.3% | +6.5% | +9.7% | +8.8% | +6.1% |
| EPS (₹) | 34.20 | 28.63 | 29.36 | 14.46 | 18.42 | 13.30 | 11.69 |
| Balance sheet | |||||||
| Total assets | 4,957 | 4,338 | 3,858 | 3,345 | 3,114 | 2,791 | 2,822 |
| Net worth | 4,719 | 4,070 | 3,562 | 2,976 | 2,687 | 2,342 | 2,090 |
| Total debt | 79.30 | 125 | 186 | 273 | 335 | 350 | 332 |
| Cash & bank | 932 | 744 | 724 | 728 | 856 | 699 | 517 |
| Net working capital | 1,276 | 1,226 | 1,153 | 1,092 | 1,372 | 987 | 1,017 |
| Cash flow | |||||||
| Cash from operations | 771 | 565 | 642 | 714 | 336 | 858 | 686 |
| Cash from investing | (224) | (473) | (476) | (527) | 3.10 | (530) | (315) |
| Cash from financing | (401) | (264) | (197) | (219) | (183) | (467) | (197) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,585 | 1,508 | 1,450 | 1,431 | 1,421 | 1,385 | 1,359 | 1,326 |
| Revenue growth (YoY) | +11.5% | +8.9% | +6.7% | +7.9% | +8.7% | +7.5% | - | - |
| Other income | 42.30 | 57.30 | 65.50 | 63.10 | 49.10 | 56.70 | 46.00 | 30.70 |
| EBITDA | 250 | 221 | 236 | 224 | 220 | 211 | 212 | 207 |
| EBITDA margin | +15.8% | +14.6% | +16.2% | +15.7% | +15.5% | +15.2% | +15.6% | +15.6% |
| Depreciation | 36.80 | 28.50 | 22.70 | 20.30 | 25.20 | 23.10 | 23.80 | 23.70 |
| Interest | 3.30 | 3.50 | 2.50 | 2.30 | 3.70 | 3.60 | 4.90 | 3.70 |
| Profit before tax | 252 | 246 | 276 | 265 | 240 | 241 | 230 | 210 |
| Tax | 61.70 | 62.40 | 65.30 | 65.20 | 58.00 | 58.60 | 53.40 | 50.50 |
| Net profit | 190 | 184 | 211 | 200 | 182 | 182 | 176 | 160 |
| EPS (₹) | 8.28 | 7.99 | 9.15 | 8.67 | 7.93 | 7.92 | 7.68 | 6.98 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,739 | 2,226 | 2,019 | 1,823 | 1,629 | 1,362 | 1,370 |
| Revenue growth | +23.0% | +10.3% | +10.7% | +11.9% | +19.6% | -0.6% | - |
| EBITDA | 579 | 491 | 526 | 345 | 415 | 410 | 318 |
| EBITDA margin | +21.2% | +22.1% | +26.0% | +18.9% | +25.5% | +30.1% | +23.2% |
| Profit before tax | 862 | 734 | 628 | 403 | 431 | 373 | 304 |
| Net profit | 692 | 580 | 473 | 296 | 316 | 285 | 221 |
| Net profit margin | +25.3% | +26.1% | +23.4% | +16.2% | +19.4% | +20.9% | +16.1% |
| EPS (₹) | 30.29 | 26.20 | 21.06 | 13.62 | 14.21 | 12.84 | 10.25 |
| Balance sheet | |||||||
| Total assets | 3,583 | 3,202 | 2,824 | 2,489 | 2,297 | 2,075 | 1,785 |
| Net worth | 3,521 | 3,098 | 2,681 | 2,303 | 2,082 | 1,836 | 1,574 |
| Total debt | 36.80 | 76.70 | 117 | 164 | 193 | 219 | 0.00 |
| Cash & bank | 580 | 460 | 246 | 310 | 433 | 427 | 60.02 |
| Net working capital | 978 | 1,092 | 840 | 948 | 1,279 | 949 | 949 |
| Cash flow | |||||||
| Cash from operations | 574 | 368 | 461 | 549 | 51.90 | 794 | 336 |
| Cash from investing | (122) | (162) | (326) | (410) | 82.10 | (665) | (263) |
| Cash from financing | (377) | (232) | (158) | (159) | (133) | (77.80) | (162) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 810 | 763 | 742 | 701 | 673 | 622 | 581 | 559 |
| Revenue growth (YoY) | +20.2% | +22.7% | +27.7% | +25.4% | +21.1% | +17.5% | - | - |
| Other income | 60.30 | 73.40 | 98.30 | 72.30 | 61.90 | 95.00 | 58.90 | 80.20 |
| Total expenses | 624 | 586 | 584 | 556 | 527 | 492 | 444 | 441 |
| EBITDA | 186 | 177 | 158 | 145 | 147 | 130 | 138 | 118 |
| EBITDA margin | +22.9% | +23.2% | +21.2% | +20.7% | +21.8% | +20.8% | +23.7% | +21.2% |
| Depreciation | 23.70 | 14.80 | 9.50 | 7.60 | 11.80 | 10.00 | 10.20 | 9.90 |
| Interest | 1.20 | 1.30 | 1.10 | 0.50 | 1.90 | 1.90 | 3.20 | 2.00 |
| Profit before tax | 221 | 234 | 245 | 209 | 195 | 213 | 183 | 187 |
| Tax | 48.70 | 50.90 | 46.10 | 46.90 | 42.20 | 41.00 | 36.30 | 33.50 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,585 | 1,508 | 1,450 | 1,431 | 1,421 | 1,385 | 1,359 | 1,326 |
| Revenue growth (YoY) | +11.5% | +8.9% | +6.7% | +7.9% | +8.7% | +7.5% | - | - |
| Other income | 42.30 | 57.30 | 65.50 | 63.10 | 49.10 | 56.70 | 46.00 | 30.70 |
| EBITDA | 250 | 221 | 236 | 224 | 220 | 211 | 212 | 207 |
| EBITDA margin | +15.8% | +14.6% | +16.2% | +15.7% | +15.5% | +15.2% | +15.6% | +15.6% |
| Depreciation | 36.80 | 28.50 | 22.70 | 20.30 | 25.20 | 23.10 | 23.80 | 23.70 |
| Interest | 3.30 | 3.50 | 2.50 | 2.30 | 3.70 | 3.60 | 4.90 | 3.70 |
| Profit before tax | 252 | 246 | 276 | 265 | 240 | 241 | 230 | 210 |
| Tax | 61.70 | 62.40 | 65.30 | 65.20 | 58.00 | 58.60 | 53.40 | 50.50 |
| Net profit | 190 | 184 | 211 | 200 | 182 | 182 | 176 | 160 |
| EPS (₹) | 8.28 | 7.99 | 9.15 | 8.67 | 7.93 | 7.92 | 7.68 | 6.98 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,687 | 5,281 | 4,902 | 4,848 | 4,244 | 3,781 | 4,182 |
| Revenue growth | +7.7% | +7.7% | +1.1% | +14.2% | +12.2% | -9.6% | - |
| Other income | 234 | 160 | 159 | 103 | 138 | 25.40 | 88.42 |
| Total expenses | 4,796 | 4,464 | 4,030 | 4,296 | 3,587 | 3,146 | 3,675 |
| Employee cost | 3,631 | 3,390 | 3,102 | 3,123 | 2,575 | 2,153 | 2,347 |
| EBITDA | 891 | 817 | 872 | 552 | 656 | 636 | 507 |
| EBITDA margin | +15.7% | +15.5% | +17.8% | +11.4% | +15.5% | +16.8% | +12.1% |
| Depreciation | 91.30 | 102 | 134 | 183 | 185 | 175 | 159 |
| Interest | 12.10 | 17.30 | 20.90 | 27.90 | 35.30 | 53.50 | 60.51 |
| Profit before tax | 1,022 | 858 | 876 | 444 | 574 | 433 | 376 |
| Tax | 247 | 208 | 211 | 116 | 152 | 126 | 104 |
| Net profit | 761 | 613 | 652 | 317 | 411 | 331 | 253 |
| Net profit margin | +13.4% | +11.6% | +13.3% | +6.5% | +9.7% | +8.8% | +6.1% |
| EPS (₹) | 34.20 | 28.63 | 29.36 | 14.46 | 18.42 | 13.30 | 11.69 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 45.30 | 45.40 | 45.30 | 45.30 | 45.20 | 45.10 | 45.08 |
| Reserves & surplus | 4,674 | 4,024 | 3,517 | 2,931 | 2,642 | 2,297 | 2,045 |
| Shareholders' funds (net worth) | 4,719 | 4,070 | 3,562 | 2,976 | 2,687 | 2,342 | 2,090 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 28.80 | 23.70 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 332 |
| Unsecured loans | 79.30 | 125 | 186 | 273 | 335 | 350 | 0.00 |
| Total debt | 79.30 | 125 | 186 | 273 | 335 | 350 | 332 |
| Total liabilities | 4,957 | 4,338 | 3,858 | 3,345 | 3,114 | 2,791 | 2,822 |
| Assets | |||||||
| Gross block | 2,013 | 1,907 | 1,736 | 1,764 | 1,753 | 1,508 | 1,696 |
| Net block | 1,223 | 1,170 | 1,034 | 1,174 | 1,254 | 1,133 | 1,323 |
| Capital work in progress | 176 | 0.60 | 5.20 | 0.00 | 1.20 | 0.10 | 11.37 |
| Investments | 1,921 | 1,714 | 1,408 | 899 | 324 | 517 | 278 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 94.12 |
| Sundry debtors | 924 | 790 | 732 | 730 | 797 | 589 | 666 |
| Cash & bank balances | 932 | 744 | 724 | 728 | 856 | 699 | 517 |
| Loans & advances | 535 | 527 | 487 | 410 | 446 | 342 | 514 |
| Total current assets | 2,391 | 2,061 | 1,944 | 1,868 | 2,098 | 1,630 | 1,791 |
| Total current liabilities | 1,115 | 835 | 790 | 776 | 726 | 643 | 773 |
| Net working capital | 1,276 | 1,226 | 1,153 | 1,092 | 1,372 | 987 | 1,017 |
| Total assets | 4,957 | 4,338 | 3,858 | 3,345 | 3,114 | 2,791 | 2,822 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 271 | 443 | 474 | 505 | 349 | 488 | 314 |
| Net cash from operating activities | 771 | 565 | 642 | 714 | 336 | 858 | 686 |
| Net cash from investing activities | (224) | (473) | (476) | (527) | 3.10 | (530) | (315) |
| Net cash from financing activities | (401) | (264) | (197) | (219) | (183) | (467) | (197) |
| Net change in cash | 146 | (172) | (31.20) | (31.00) | 156 | (139) | 175 |
| Closing cash | 932 | 744 | 724 | 728 | 856 | 699 | 517 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +7.7% | +7.7% | +1.1% | +14.2% | +12.2% | -9.6% | - |
| EBITDA growth | +9.1% | -6.3% | +57.9% | -15.9% | +3.3% | +25.4% | - |
| PBT growth | +19.1% | -2.1% | +97.2% | -22.6% | +32.6% | +15.2% | -15.6% |
| Net income growth | +24.3% | -6.1% | +106.1% | -23.0% | +24.4% | +30.7% | - |
| Revenue CAGR (3Y) | +5.5% | +7.6% | +9.0% | +5.1% | +2.3% | +6.8% | +11.0% |
| EBITDA CAGR (3Y) | +17.3% | +7.6% | +11.1% | +2.9% | +11.1% | +20.3% | +9.9% |
| Profitability & leverage | |||||||
| Net income margin | +13.6% | +12.3% | +13.6% | +6.8% | +9.9% | +8.1% | +6.5% |
| Return on capital employed | +22.2% | +21.4% | +24.9% | +14.6% | +20.7% | +19.1% | +17.1% |
| Return on net worth | +17.6% | +17.0% | +20.3% | +11.6% | +16.8% | +15.2% | +13.5% |
| Debt / equity | 0.02 | 0.04 | 0.07 | 0.11 | 0.14 | 0.15 | 0.16 |
| Long-term debt / equity | 0.01 | 0.03 | 0.05 | 0.08 | 0.10 | 0.07 | 0.04 |
| Interest cover | 1.51 | 2.42 | 2.83 | 7.56 | 7.48 | 11.61 | 17.39 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.90 | 2.90 | 2.80 | 2.76 | 2.60 | 2.36 | 2.88 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 80.35 | 43.43 |
| Debtors turnover | 6.64 | 6.94 | 6.71 | 6.35 | 6.13 | 6.03 | 5.42 |
| EPS (₹) | 34.20 | 28.63 | 29.36 | 14.46 | 18.42 | 13.30 | 11.69 |
| Dividend per share (₹) | 15.00 | 13.00 | 9.00 | 5.00 | 5.00 | 3.60 | 2.80 |
| Book value per share (₹) | 208.35 | 179.28 | 157.26 | 131.40 | 118.89 | 103.87 | 92.72 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 810 | 763 | 742 | 701 | 673 | 622 | 581 | 559 |
| Revenue growth (YoY) | +20.2% | +22.7% | +27.7% | +25.4% | +21.1% | +17.5% | - | - |
| Other income | 60.30 | 73.40 | 98.30 | 72.30 | 61.90 | 95.00 | 58.90 | 80.20 |
| Total expenses | 624 | 586 | 584 | 556 | 527 | 492 | 444 | 441 |
| EBITDA | 186 | 177 | 158 | 145 | 147 | 130 | 138 | 118 |
| EBITDA margin | +22.9% | +23.2% | +21.2% | +20.7% | +21.8% | +20.8% | +23.7% | +21.2% |
| Depreciation | 23.70 | 14.80 | 9.50 | 7.60 | 11.80 | 10.00 | 10.20 | 9.90 |
| Interest | 1.20 | 1.30 | 1.10 | 0.50 | 1.90 | 1.90 | 3.20 | 2.00 |
| Profit before tax | 221 | 234 | 245 | 209 | 195 | 213 | 183 | 187 |
| Tax | 48.70 | 50.90 | 46.10 | 46.90 | 42.20 | 41.00 | 36.30 | 33.50 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,739 | 2,226 | 2,019 | 1,823 | 1,629 | 1,362 | 1,370 |
| Revenue growth | +23.0% | +10.3% | +10.7% | +11.9% | +19.6% | -0.6% | - |
| Other income | 327 | 303 | 173 | 152 | 134 | 73.90 | 90.93 |
| Total expenses | 2,159 | 1,735 | 1,493 | 1,478 | 1,214 | 951 | 1,052 |
| Employee cost | 1,730 | 1,497 | 1,311 | 1,280 | 1,054 | 777 | 809 |
| EBITDA | 579 | 491 | 526 | 345 | 415 | 410 | 318 |
| EBITDA margin | +21.2% | +22.1% | +26.0% | +18.9% | +25.5% | +30.1% | +23.2% |
| Depreciation | 38.90 | 48.80 | 55.50 | 75.50 | 88.30 | 89.40 | 81.38 |
| Interest | 5.40 | 11.00 | 15.00 | 18.00 | 29.70 | 21.80 | 23.30 |
| Profit before tax | 862 | 734 | 628 | 403 | 431 | 373 | 304 |
| Tax | 176 | 140 | 151 | 95.00 | 110 | 83.60 | 73.06 |
| Net profit | 692 | 580 | 473 | 296 | 316 | 285 | 221 |
| Net profit margin | +25.3% | +26.1% | +23.4% | +16.2% | +19.4% | +20.9% | +16.1% |
| EPS (₹) | 30.29 | 26.20 | 21.06 | 13.62 | 14.21 | 12.84 | 10.25 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 45.30 | 45.40 | 45.30 | 45.30 | 45.20 | 45.10 | 45.08 |
| Reserves & surplus | 3,476 | 3,053 | 2,635 | 2,257 | 2,037 | 1,791 | 1,529 |
| Shareholders' funds (net worth) | 3,521 | 3,098 | 2,681 | 2,303 | 2,082 | 1,836 | 1,574 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 36.80 | 76.70 | 117 | 164 | 193 | 219 | 0.00 |
| Total debt | 36.80 | 76.70 | 117 | 164 | 193 | 219 | 0.00 |
| Total liabilities | 3,583 | 3,202 | 2,824 | 2,489 | 2,297 | 2,075 | 1,785 |
| Assets | |||||||
| Gross block | 466 | 493 | 512 | 556 | 598 | 586 | 617 |
| Net block | 222 | 233 | 254 | 326 | 390 | 414 | 457 |
| Capital work in progress | 176 | 0.60 | 4.30 | 0.00 | 0.90 | 0.00 | 7.67 |
| Investments | 1,971 | 1,780 | 1,589 | 1,142 | 568 | 645 | 284 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 734 | 766 | 778 | 721 | 929 | 657 | 1,056 |
| Cash & bank balances | 580 | 460 | 246 | 310 | 433 | 427 | 60.02 |
| Loans & advances | 239 | 170 | 131 | 199 | 179 | 88.30 | 126 |
| Total current assets | 1,553 | 1,396 | 1,155 | 1,230 | 1,541 | 1,172 | 1,242 |
| Total current liabilities | 575 | 304 | 315 | 282 | 262 | 222 | 293 |
| Net working capital | 978 | 1,092 | 840 | 948 | 1,279 | 949 | 949 |
| Total assets | 3,583 | 3,202 | 2,824 | 2,489 | 2,297 | 2,075 | 1,785 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 18.80 | 44.30 | 66.10 | 86.60 | 85.50 | 33.00 | 122 |
| Net cash from operating activities | 574 | 368 | 461 | 549 | 51.90 | 794 | 336 |
| Net cash from investing activities | (122) | (162) | (326) | (410) | 82.10 | (665) | (263) |
| Net cash from financing activities | (377) | (232) | (158) | (159) | (133) | (77.80) | (162) |
| Net change in cash | 75.30 | (25.50) | (21.80) | (20.50) | 1.10 | 51.40 | (88.53) |
| Closing cash | 580 | 460 | 246 | 310 | 433 | 427 | 60.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +23.0% | +10.3% | +10.7% | +11.9% | +19.6% | -0.6% | - |
| EBITDA growth | +18.0% | -6.6% | +52.3% | -16.7% | +1.0% | +29.2% | - |
| PBT growth | +17.4% | +17.0% | +55.7% | -6.3% | +15.4% | +22.7% | -8.8% |
| Net income growth | +19.4% | +22.7% | +59.7% | -6.3% | +10.9% | +29.1% | - |
| Revenue CAGR (3Y) | +14.5% | +11.0% | +14.0% | +10.0% | +5.9% | +1.9% | +2.5% |
| EBITDA CAGR (3Y) | +18.8% | +5.8% | +8.6% | +2.8% | +11.3% | +17.6% | +6.0% |
| Profitability & leverage | |||||||
| Net income margin | +25.1% | +26.7% | +23.6% | +16.9% | +19.7% | +21.3% | +16.9% |
| Return on capital employed | +25.6% | +24.7% | +24.2% | +17.6% | +21.1% | +20.5% | +20.0% |
| Return on net worth | +20.7% | +20.6% | +19.1% | +14.1% | +16.4% | +17.0% | +15.2% |
| Debt / equity | 0.02 | 0.03 | 0.06 | 0.08 | 0.11 | 0.06 | 0.00 |
| Long-term debt / equity | 0.01 | 0.02 | 0.04 | 0.06 | 0.08 | 0.05 | 0.00 |
| Interest cover | 1.00 | 2.49 | 3.19 | 6.67 | 9.10 | 6.79 | 9.85 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.71 | 4.43 | 3.78 | 3.16 | 2.75 | 2.27 | 2.91 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 3.65 | 2.88 | 2.69 | 2.21 | 2.05 | 1.59 | 1.42 |
| EPS (₹) | 30.29 | 26.20 | 21.06 | 13.62 | 14.21 | 12.84 | 10.25 |
| Dividend per share (₹) | 15.00 | 13.00 | 9.00 | 5.00 | 5.00 | 3.60 | 2.80 |
| Book value per share (₹) | 155.45 | 136.48 | 118.35 | 101.66 | 92.12 | 81.41 | 69.82 |
To see the full year-wise statements and ratios of Zensar Technologies Limited, buy the company report.
Board of directors of Zensar Technologies Limited
Zensar Technologies has 7 current directors and 30 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Vardhan Goenka Also directs: Sri Parvathi Suthan Trading Company LLP, Allwin Apartments LLP, Swallow Associates LLP and 5 more | Director | 04 Sep 2001 | 25 Years 2 Months | Current |
| Ben Edward Druskin | Director | 03 Nov 2017 | 9 Years 0 Months | Current |
| Anant Vardhan Goenka | Director | 21 Jan 2019 | 7 Years 9 Months | Current |
| Ketan Arvind Dalal Also directs: Multiples Private Equity Fund II LLP, Katalyst Advisors LLP, Siemens Energy India Limited and 5 more | Director | 03 Nov 2017 | 9 Years 0 Months | Current |
| Rajappa Radha | Director | 06 Aug 2019 | 7 Years 3 Months | Current |
| Pravin Udhyavara Bhadya Rao Also directs: Cohance Lifesciences Limited, Computer Age Management Services Limited, Indegene Limited and 2 more | Director | 26 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Zensar Technologies Limited is audited by S R B C & CO LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2025 | 324982E/E300003 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 49.00%, foreign institutional investors hold 10.70%, domestic institutional investors hold 22.00% and retail and other public shareholders hold 18.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 49.00% | 49.00% | 49.00% | 49.00% |
| Public | 51.00% | 51.00% | 51.00% | 51.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2016 | 100051904 | Citi Bank N.A. | ₹72 Cr | Open | |
| 02 Jun 2011 | 10290541 | Standard Chartered Bank | ₹10 Cr | Open | |
| 11 May 1994 | 90084119 | Union Bank of India | ₹1.65 Cr | Open | |
| 14 Apr 1994 | 90082397 | Indian Overseas Bank | ₹3.82 Cr | Open | |
| 31 Mar 1994 | 90084104 | State Bank of Travancore | ₹2.95 Cr | Open |
To see the full charge records of Zensar Technologies Limited, buy the company report.
Total charge records: 30 View all charges
Legal cases
Zensar Technologies Limited has 41 court cases on record: 21 filed by Zensar Technologies, 20 filed against it. 4 cases are pending and 37 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 11 | 2 |
| High courts | 17 | 8 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by The Oriental Insurance Company Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Zensar Media Publication Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Zensar Suppliers Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Incarnation Software Services Pvt.Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (STAY APPLICATION) | Filed by the company against Oriental Insurance Co.Ltd. Anr. | Disposed |
To see the full case history of Zensar Technologies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Zensar Technologies Limited was last rated by Icra on 24 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 24 Feb 2020 |
To see the full credit ratings and regulatory alerts of Zensar Technologies Limited, buy the company report.
MSME payment delays
Zensar Technologies Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 583 overdue payments to 194 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 194)
To see the full MSME payment records of Zensar Technologies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Zensar Technologies has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| M3bi India Private Limited, India | U72200PN2012FTC142660 | |
| Cynosure Interface Services Private Limited, India | U72200PN2014PTC198141 |
To see the full group structure of Zensar Technologies Limited, buy the company report.
GST
No GST registration is on our record for Zensar Technologies Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Zensar Technologies Limited has 62 board changes on record since 1980: 36 appointments and 26 cessations. The latest: Ajit Tekchand Vaswani ceased to be Director on 31 Mar 2025.
99 earlier events are in the company report.
News
Frequently asked questions
Zensar Technologies is an active public limited company based in Pune, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 29 March 1963 (63+ years old) and is registered under CIN L72200PN1963PLC012621. Listed on BSE: 504067 and NSE: ZENSARTECH.
Zensar Technologies reported revenue of ₹5,687.4 Cr for FY 2025-26 (up 7.7% YoY) based on consolidated financials.
Zensar Technologies has 7 current directors:
- Manish Tandon - Managing Director
- Harsh Vardhan Goenka - Director
- Ben Edward Druskin - Director
- Anant Vardhan Goenka - Director
- Ketan Arvind Dalal - Director
- Rajappa Radha - Director
- Pravin Udhyavara Bhadya Rao - Director
The latest financial statements of Zensar Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 24 July 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Zensar Technologies is L72200PN1963PLC012621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Zensar Technologies is a listed company as per MCA records. Its shares are listed on both BSE (code: 504067) and NSE (symbol: ZENSARTECH).
Zensar Technologies has 41 court cases on record: 21 filed by the company and 20 filed against it. 4 are pending. Most are in the district courts.
Zensar Technologies was incorporated on 29 March 1963, making it 63+ years old. It is registered with the Registrar of Companies, Pune.
Ajit Tekchand Vaswani ceased to be Director on 31 Mar 2025. Anand Champalal Daga was appointed as Company Secretary on 13 Aug 2024. Pulkit Bhandari was appointed as CFO on 13 Aug 2024. Zensar Technologies has 62 board changes on record in total.
Zensar Technologies has 12 MSME Form 1 returns on record between 2019 and 2024, listing 583 overdue payments to 194 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Zensar Technologies can be reached through the website zensar.com. Its registered office is in Pune, Maharashtra, India.

