Slide 1: Analyst Presentation
Analyst Presentation Quarter ending December 31, 2025 www.zensar.com www.zensar.com | © Zensar Technologies 2026 | Page 1
Slide 2: 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 3: Q3FY26 snapshot
Q3FY26 snapshot Total Revenue $160.5M EBITDA% 17.4% Gross Margin% 33.7% 1.4% QoQ 200 bps QoQ 270 bps QoQ 2.2% YoY Order book Attrition $180.2M 9.5% 13.6% QoQ 30 bps QoQ www.zensar.com www.zensar.com | © Zensar Technologies 2026 | Page 3
Slide 4: Vertical and Geography performance
Vertical and Geography performance Vertical highlights Geography highlights MCS TMT HLS BFSI USA UK/EU South Africa 3.4% -8.7% -2.3% -0.3% -2.8% 2.6% 0.3% QoQ cc QoQ cc QoQ cc QoQ cc QoQ cc QoQ cc QoQ cc -3.8% -12.2% 5.3% 11.0% -0.1% 3.2% 6.2% YoY cc YoY cc YoY cc YoY cc YoY cc YoY cc YoY cc 26.4% 1
Slide 5: Client and Revenue mix
Client and Revenue mix 34 Q3FY25 32 31 Q2FY26 Q3FY26 14 15 15 Q2FY26 Q3FY26 Q3FY25 Client mix 6 6 5 Q2FY26 Q3FY26 Q3FY25 $20M+ $10M+ $5M+ Q3FY25 27.5% Q3FY25 41.0% Q3FY25 56.8% Revenue mix Q2FY26 27.0% Q2FY26 40.5% Q2FY26 57.1% (% of total revenue) Q3FY26 25.5% Q3FY26 39.1% Q3FY26 56.5% Top 5 Client
Slide 6: Revenue and margin walk
Revenue and margin walk Revenue walk (in $M) 162.8M -0.2M -2.8M -0.2M 1.4M -0.4M 160.5M Exchange TMT BFSI MCS HLS Q2FY26 Impact Q3FY26 EBITDA walk (in % of revenue) 1.4% 1.0% 0.7% -0.9% 0.7% -1.0% 17.4% 15.4% Exchange Higher Offshore Impact of Higher Leave Other Operational ESOPs impact effort Furlo
Slide 7: Win momentum: AI projects
Win momentum : AI projects Agentic AI partner to automate Business AI-Native Investigation Product Development Process reducing manual effort for a US- for police investigations for a US-based based cybersecurity Organization Organization Driving productivity through AI-powered Conversational-AI enh
Slide 8: Case studies: AI at Work: Driving Strategic Business Value
Case studies: AI at Work: Driving Strategic Business Value AI-driven Call Centre Transformation for a Anomaly Detection in FX Treasury Data for AI-Driven Migration and Risk Analysis for a Global Satellite Service Provider a US-based Financial Services Company Global Financial Services Leader A globa
Slide 9: Leadership structure
Leadership structure Manish Tandon CEO and MD Parag Jain Vijayasimha Alilughatta Pulkit Bhandari Vivek Ranjan Kaushik Chatterjee Head - Manufacturing and Consumer Chief Operating Officer Chief Financial Officer Chief Human Resources Officer Head - Africa Services, and Growth Office Harish Lala Prati
Slide 10: ESG goals
ESG goals Environment Social Governance Carbon emissions: Zensar commits to reach Happiness: Sustain Happiness Index Score Governance & compliance: Average Net-zero greenhouse gas emissions across the at 82 or more 95% or higher Code of Conduct training value chain by FY45 as per targets approved by
Slide 11: Zensar's stock price and shareholding pattern
Zensar’s stock price and shareholding pattern Share Price Volume 25 900 20 825 Millions 750 15 INR 675 10 600 5 525 450 0 31-Dec-24 31-Jan-25 28-Feb-25 31-Mar-25 30-Apr-25 31-May-25 30-Jun-25 31-Jul-25 31-Aug-25 30-Sep-25 31-Oct-25 30-Nov-25 31-Dec-25 Shareholding Pattern Equity Share Information (a
Slide 12: RPG Group Update
RPG Group Update www.zensar.com www.zensar.com | © Zensar Technologies 2026 | Page 12
Slide 13: RPG Group key financials
RPG Group key financials Revenue FY21-25 CAGR 13.0% Gross Total Income (Rs Cr.) EBITDA (Rs Cr.) PAT (Rs Cr.) 42,633 38,823 35,456 29,207 26,160 3,009 4,064 4,213 2,520 2,642 2,004 1,379 966 863 1,815 FY21 FY22 FY23 FY24 FY25 www.zensar.com www.zensar.com | © Zensar Technologies 2026 | Page 13
Slide 14: RPG Group key financials
RPG Group key financials Net Worth (Rs Cr.) ROE ROCE 16000 15,077 40.0% 14000 12,742 35.0% 12000 11,113 30.0% 10,364 9,677 10000 25.0% 8000 14.1% 13.2% 14.1% 20.0% 14.2% 14.2% 13.3% 6000 9.3% 15.0% 13.5% 7.8% 4000 11.0% 10.7% 10.0% 13.5% 13.3% 12.1% 2000 8.6% 9.5% 5.0% 0 0.0% FY21 FY22 FY23 FY24 FY2
Slide 15: Thank You
Thank You www.zensar.com www.zensar.com | © Zensar Technologies 2026 | Page 15