Zensar Technologies Ltd., a leading digital engineering and technology solutions provider under the RPG Group, announced its Q1 FY26 financial results with consolidated revenues reaching ₹1,385 crore, marking a 7.5% year-on-year growth and 1.9% sequential increase in INR terms.
Financial Highlights (Q1 FY26):
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Revenue: ₹1,385 crore (up 7.5% YoY and 1.9% QoQ)
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Gross Profit: ₹422 crore; 30.5% of revenue
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EBITDA: ₹211 crore; 15.2% margin
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Profit After Tax (PAT): ₹182 crore; 13.1% margin, 15.3% YoY growth
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Order Booking: ₹1,470 crore, up 11.7% YoY
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Cash and Investments: ₹2,636 crore
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No Debt on Books
Manish Tandon, CEO & MD, said: “This was a strong quarter driven by AI-led deal momentum, improved solution delivery, and record-low attrition. Our focus on reskilling, along with high client satisfaction, is reflecting in sustainable growth.”
Pulkit Bhandari, CFO, added: “Despite global uncertainties, we delivered robust profitability and improved margins, backed by our strong financial position. Our cash reserves and prudent cost management will support future investments.”
Business Vertical Performance (QoQ Growth in Constant Currency):
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Banking & Financial Services (BFSI):
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QoQ Growth: +2.9%
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Strong deal momentum and increased demand for digital transformation services.
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Healthcare & Life Sciences (HLS):
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QoQ Growth: +5.2%
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Growth led by GenAI and AI-led automation in pharma and life sciences.
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Telecom, Media & Technology (TMT):
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QoQ Growth: +5.5%
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Recovery driven by next-gen engineering and cloud-based engagements.
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Manufacturing & Consumer Services (MCS):
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QoQ Growth: -4.1%
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Decline attributed to project ramp-downs and delays in discretionary spending.
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Geographic Performance (Revenue Contribution & QoQ Growth):
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US: 68.3% share | +4.3% QoQ
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Europe: 20.5% share | -5.8% QoQ
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Africa: 11.2% share | +1.5% QoQ
AI-Led Project Highlights in Q1 FY26:
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GenAI-powered AIOps platform for a US pharma major.
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Legal document automation for a global fintech company.
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AI-based quality control in manufacturing achieving 97% weld detection accuracy.
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Agentic AI framework for digital arbitration with GPT-4.1 and Oracle AI.
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Knowledge assistant system for a UN agency, boosting productivity by 50%.
Other Key Metrics:
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Total Headcount: 10,620 employees
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Women in Workforce: 29.8% (Target: 35% by FY27)
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Attrition (LTM): 9.8% – lowest in two years
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Revenue from Top 10 Clients: 41.4%
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Revenue Share from Digital Application Services: 78.9%
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Onsite Revenue Share: 47.4% | Offshore: 52.6%
Shareholder and Market Snapshot (As of June 30, 2025):
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Share Price: ₹842
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Market Cap: ₹19,141 crore
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Promoter Holding: 49.1%
Zensar continues to show resilience amid macro uncertainties, betting big on GenAI and engineering-led transformation to power its next growth cycle. The company is also investing in ESG goals, including net-zero carbon emissions by FY45 and impacting 2.25 lakh lives through CSR by FY30.