Zensar Technologies Limited · NSE:ZENSARTECH
Zensar Technologies — Q4 FY2025 Earnings Presentation
27 slides from Zensar Technologies's earnings presentation, Apr 25, 2025
Slide 1: Exchange filing cover letter
April 25, 2025 BSE Limited National Stock Exchange of India Limited Corporate Service Department, Exchange Plaza, 3rd floor, 1st Floor, P. J. Towers, Plot No. C/1, ‘G’ block, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai 400 001 Mumbai 400 051 Scrip Code: 504067 Symbol: ZENSARTECH Sub.: Pre
Slide 2: Zensar reports 6.3% YoY revenue growth in constant currency for Q4FY25
Zensar reports 6.3% YoY revenue growth in constant currency for Q4FY25 Pune, India, April 25, 2025: Zensar Technologies, a leading Experience Engineering and Engagement solutions company, announced its consolidated financial results for its fourth quarter, ending March 31, 2025, of the fiscal year 2
Slide 3: Significant Wins and Awards in Q4FY25
Significant Wins in Q4FY25: • End-to-end infrastructure managed services onshore model for a vision care company. • Guidewire migration for a US based motor association that provides insurance. • Reimagined to establish a distinct brand positioning for a retail clothing group. • AI-based solutions t
Slide 4: Safe Harbor
Safe Harbor Certain statements in this release concerning our future prospects are forward-looking statements that involve a number of underlying identified/non-identified risks and uncertainties that could cause actual results to differ materially. This release and other statements—written and oral
Slide 5: Zensar reports 6.3% YoY revenue growth in constant currency for Q4FY25
Zensar reports 6.3% YoY revenue growth in constant currency for Q4FY25 Pune, India, April 25, 2025: Zensar Technologies, a leading Experience Engineering and Engagement solutions company, announced its consolidated financial results for its fourth quarter, ending March 31, 2025, of the fiscal year 2
Slide 6: Significant Wins and Awards in Q4FY25
Significant Wins in Q4FY25: • End-to-end infrastructure managed services onshore model for a vision care company. • Guidewire migration for a US based motor association that provides insurance. • Reimagined to establish a distinct brand positioning for a retail clothing group. • AI-based solutions t
Slide 7: Q4FY25 Revenue and Profitability snapshot
Q4FY25 Revenue and Profitability snapshot: Q4FY25 Growth Particulars Q-o-Q Y-o-Y USD Mn INR Mn USD INR CC USD INR CC Revenue 156.8 13,589 -0.1% 2.5% 0.9% 5.8% 10.5% 6.3% EBITDA 24.5 2,125 0.2% 2.7% 0.2% 4.7% EBIT 21.8 1,887 0.5% 3.0% 0.7% 5.2% PAT 20.3 1,764 7.6% 10.4% -2.7% 1.7% Performance Highlig
Slide 8: Income Statement (USD Mn)
Income Statement (USD Mn) Income Statement (USD Mn) Q4 FY 24 Q3 FY 25 Q4 FY 25 FY 24 FY 25 Operating revenue 148.1 157.0 156.8 592.3 624.5 Sequential Growth 2.4% 0.5% -0.1% Year-Over-Year Growth 0.5% 8.6% 5.8% -2.0% 5.4% Cost of revenue 102.7 109.8 109.3 404.0 439.0 Gross profit 45.4 47.2 47.5 188.3
Slide 9: Income Statement (INR Mn)
Income Statement (INR Mn) Income Statement (INR Mn) Q4 FY 24 Q3 FY 25 Q4 FY25 FY 24 FY 25 Operating revenue 12,297 13,256 13,589 49,019 52,806 Sequential Growth 2.1% 1.3% 2.5% Year-Over-Year Growth 1.4% 10.1% 10.5% 1.1% 7.7% Cost of revenue 8,529 9,266 9,471 33,433 37,111 Gross profit 3,768 3,990 4,
Slide 10: Other Metrics
Other Metrics Other Metrics Q4 FY 24 Q3 FY 25 Q4 FY 25 FY 24 FY 25 Revenue By Service Offering (as % of Revenue) Digital Application Services 81.6% 79.5% 79.3% 81.6% 80.0% Application Services + Enterprise Application (SaaS) 47.8% 45.5% 45.4% 47.3% 45.9% Advanced Engineering Services 15.9% 17.3% 16.
Slide 11: Other Metrics
Other Metrics Q4 FY 24 Q3 FY 25 Q4 FY 25 FY 24 FY 25 Revenue from top clients Revenue- top 5 clients 28.3% 27.5% 27.6% 30.7% 27.7% Revenue- top 10 clients 40.8% 41.0% 40.8% 41.8% 41.3% Revenue- top 20 clients 57.2% 56.8% 55.8% 58.3% 57.3% Number of active clients 148 158 166 148 166 Onsite: Offshore
Slide 12: About Zensar and RPG Enterprises
We conceptualize, build, and manage digital products through experience design, data engineering, and advanced analytics for 145+ global clients. Our solutions leverage industry-leading platforms and help clients be competitive, agile, and disruptive as they navigate transformational changes with ve
Slide 13: Analyst Presentation
Analyst Presentation Quarter ending March 31, 2025 Zensar Technologies Ltd.
Slide 14: Safe Harbor
Safe Harbor Certain statements in this release concerning our future prospects are forward-looking statements which involve a number of underlying identified/non identified risks and uncertainties that could cause actual results to differ materially. This release and other statements – written and o
Slide 15: Q4FY25 snapshot
Q4FY25 snapshot Total Revenue $156.8M Wins $213.5M PAT% 13.0% $32.0 M YoY 100 bps QoQ 0.9% QoQ CC 6.3% YoY CC Attrition Cash 9.9% $290.5M 10 bps QoQ $21.4M QoQ www.zensar.com | © Zensar Technologies 2025 | Page 3
Slide 16: Vertical and Geography performance
Vertical and Geography performance Vertical highlights Geography highlights BFSI TMT HLS MCS USA UK/EU South Africa 3.4% 1.7% -1.4% -2.6% 0.3% 2.5% 0.9% QoQ cc QoQ cc QoQ cc QoQ cc QoQ cc QoQ cc QoQ cc 12.3% -9.4% 18.3% 8.2% 6.5% 10.0% -1.7% YoY cc YoY cc YoY cc YoY cc YoY cc YoY cc YoY cc 41.0% 21.
Slide 17: Revenue and margin walk
Revenue and margin walk Revenue walk (in $M) 157.0M 0.6M 2.2M 156.8M -1.1M -0.2M -1.6M Exchange TMT BFSI MCS HLS Q3FY25 Impact Q4FY25 EBITDA walk (in % of revenue) 15.6% 0.0% 0.4% 15.6% -0.2% -0.2% Exchange impact Volume and Increased Cost SG&A Q3FY25 on GM Utilization of Delivery* Impact Q4FY25 Gro
Slide 18: Client and Revenue mix
Client and Revenue mix 34 33 31 Q3FY25 Q4FY25 Q4FY24 14 14 14 Q4FY24 Q3FY25 Q4FY25 Client mix 6 4 5 Q4FY25 Q4FY24 Q3FY25 $20M+ $10M+ $5M+ Q4FY24 28.3% Q4FY24 40.8% Q4FY24 57.2% Revenue mix Q3FY25 27.5% Q3FY25 41.0% Q3FY25 56.8% (% of total revenue) Q4FY25 27.6% Q4FY25 40.8% Q4FY25 55.8% Top 5 Client
Slide 19: Win momentum continues: Notable projects
Win momentum continues: Notable projects AI-based solutions to reduce human End-to-end infrastructure managed exposure to hazardous material for services onshore model for a vision client in pipe solution care company Reimagined to establish a distinct Digital transformation to establish brand posit
Slide 20: Case studies: Next-generation services bring business value
Case studies: Next-generation services bring business value Automating Productivity Measurement Agentic AI for Life Insurance Support Multilateral Development for Bank Providing Framework for an Energy-Based Client for an US based Insurance Company Financial Assistance to Business The client’s Prod
Slide 21: Leadership structure
Leadership structure Manish Tandon CEO and MD Vijayasimha Alilughatta Pulkit Bhandari Vivek Ranjan Parag Jain Harish Lala Chief Operating Officer Chief Financial Officer CHRO Head Manufacturing and Consumer Head – Telecommunication , Services, and Growth Office Media and Technology, and Africa Prati
Slide 22: ESG updates
ESG updates Environment Social Governance Carbon emissions: Zensar commits to Happiness: Sustain Happiness Index Score Governance & compliance: reach Net-zero greenhouse gas emissions at 82 or more • 100% compliance for code of conduct across the value chain by FY45 as per Diversity and inclusion: C
Slide 23: Zensar's stock price and shareholding pattern
Zensar’s stock price and shareholding pattern Share Price Volume 25 900 825 20 750 15 INR Millions 675 600 10 525 5 450 375 0 31-Mar-24 30-Apr-24 31-May-24 30-Jun-24 31-Jul-24 31-Aug-24 30-Sep-24 31-Oct-24 30-Nov-24 31-Dec-24 31-Jan-25 28-Feb-25 31-Mar-25 Shareholding Pattern Equity Share Informatio
Slide 24: RPG Group Update
RPG Group Update
Slide 25: RPG Group key financials
RPG Group key financials Revenue FY20-24 CAGR 12.1% Gross Total Income (In Cr.) EBITDA (In Cr.) PAT (INR Cr.) 38,823 35,456 29,207 26,160 24,546 2,594 3,009 2,520 2,642 4,063 1,111 1,379 966 863 1,815 FY20 FY21 FY22 FY23 FY24 www.zensar.com | © Zensar Technologies 2025 | Page 13
Slide 26: RPG Group key financials
RPG Group key financials Net Worth (Rs Cr.) ROE ROCE 12,742 13000 40.0% 11,113 11500 10,364 35.0% 9,677 10000 30.0% 8,369 8500 25.0% 7000 14.1% 13.2% 14.1% 20.0% 5500 13.3% 14.2% 14.2% 9.4% 15.0% 4000 9.3% 13.5% 11.0% 10.7% 2500 13.6% 13.3% 10.0% 10.9% 1000 8.6% 7.8% 5.0% -500 0.0% FY20 FY21 FY22 FY
Slide 27: Thank You
zensar Thank You An @RPG Company
Zensar Technologies — Q4 FY2025 Earnings Presentation on 6ix