Zensar Technologies Limited · NSE:ZENSARTECH
Zensar Technologies — Q1 FY2026 Earnings Presentation
27 slides from Zensar Technologies's earnings presentation, Jul 22, 2025
Slide 1: Exchange filing cover letter
July 22, 2025 BSE Limited National Stock Exchange of India Limited Corporate Service Department, Exchange Plaza, Bandra Kurla Complex, 1st Floor, P. J. Towers, Bandra (E), Dalal Street, Mumbai 400 051 Mumbai 400 001 Scrip Code: 504067 Symbol: ZENSARTECH Sub.: Press Release, Analyst and Investor Pres
Slide 2: Zensar reports 4.9% YoY revenue growth for Q1FY26
Zensar reports 4.9% YoY revenue growth in reported currency for Q1FY26 Pune, India, July 22, 2025: Zensar Technologies, a leading Experience Engineering and Engagement solutions company, announced its consolidated financial results for its first quarter, ending June 30, 2025, of the fiscal year 2025
Slide 3: Significant Wins, Awards and About Zensar
Significant Wins in Q1FY26: • Design system migration leveraging AI for one of the largest sports betting and gaming group • Enhanced user experience and business-aware insights through GenAI and AIOps for a US based pharma company • Reverse engineering of code using Zensar AI Buddy with Azure OpenA
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 4.9% YoY revenue growth for Q1FY26
Zensar reports 4.9% YoY revenue growth in reported currency for Q1FY26 Pune, India, July 22, 2025: Zensar Technologies, a leading Experience Engineering and Engagement solutions company, announced its consolidated financial results for its first quarter, ending June 30, 2025, of the fiscal year 2025
Slide 6: Significant Wins in Q1FY26
Significant Wins in Q1FY26: • Design system migration leveraging AI for one of the largest sports betting and gaming group • Enhanced user experience and business-aware insights through GenAI and AIOps for a US based pharma company • Reverse engineering of code using Zensar AI Buddy with Azure OpenA
Slide 7: Q1FY26 Revenue and Profitability snapshot
Q1FY26 Revenue and Profitability snapshot: Q1FY26 Growth Particulars Q-o-Q Y-o-Y USD Mn INR Mn USD INR CC USD INR CC Revenue 162.0 13,850 3.3% 1.9% 1.9% 4.9% 7.5% 3.8% EBITDA 24.6 2,106 0.1% -0.9% 4.4% 7.4% EBIT 21.9 1,875 0.4% -0.7% 6.3% 9.3% PAT 21.2 1,820 4.3% 3.2% 12.1% 15.3% Performance Highlig
Slide 8: Income Statement (USD Mn)
Income Statement (USD Mn) Income Statement (USD Mn) Q1 FY 25 FY 25 Q4 FY 25 Q1 FY 26 Operating revenue 154.4 624.5 156.8 162.0 Sequential Growth 4.2% -0.1% 3.3% Year-Over-Year Growth 3.4% 5.4% 5.8% 4.9% Cost of revenue 107.5 439.0 109.3 112.6 Gross profit 46.9 185.5 47.5 49.3 Gross profit % of reven
Slide 9: Income Statement (INR Mn)
Income Statement (INR Mn) Income Statement (INR Mn) Q1 FY 25 FY 25 Q4 FY 25 Q1 FY 26 Operating revenue 12,881 52,806 13,589 13,850 Sequential Growth 4.7% 2.5% 1.9% Year-Over-Year Growth 5.0% 7.7% 10.5% 7.5% Cost of revenue 8,968 37,111 9,471 9,627 Gross profit 3,913 15,695 4,118 4,223 Gross profit %
Slide 10: Other Metrics
Other Metrics Other Metrics Q1 FY 25 FY 25 Q4 FY 25 Q1 FY 26 Revenue By Service Offering (as % of Revenue) Digital Application Services 81.7% 80.0% 79.3% 78.9% Application Services 34.9% 33.6% 32.8% 31.1% Enterprise Application (SaaS) 11.9% 12.3% 12.6% 12.3% Products & Platforms incl. CMO services*
Slide 11: Other Metrics: Revenue from top clients
Other Metrics Q1 FY 25 FY 25 Q4 FY 25 Q1 FY 26 Revenue from top clients Revenue- top 5 clients 28.3% 27.7% 27.6% 27.2% Revenue- top 10 clients 42.1% 41.3% 40.8% 41.4% Revenue- top 20 clients 58.7% 57.3% 55.8% 57.6% Number of active clients 148 166 166 166 Onsite: Offshore (as % of Revenue) Revenue m
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 June 30, 2025 Zensar Technologies Ltd. www.zensar.com www.zensar.com | © Zensar Technologies 2025 | Page 1
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: Q1FY26 snapshot
Q1FY26 snapshot Total Revenue $162.0M Wins $172.0M Gross Margin% 30.5% 3.3% QoQ $18.0 M YoY 20 bps QoQ 4.9% YoY Attrition Cash 9.8% $315.7M 10 bps QoQ $25.2M QoQ www.zensar.com www.zensar.com | © Zensar Technologies 2025 | Page 3
Slide 16: Vertical and Geography performance
Vertical and Geography performance Vertical highlights Geography highlights TMT HLS BFSI MCS USA UK/EU South Africa 5.5% 5.2% 2.9% -4.1% 4.3% -5.8% 1.5% QoQ cc QoQ cc QoQ cc QoQ cc QoQ cc QoQ cc QoQ cc -5.6% 16.5% 8.2% 1.1% 4.3% 3.8% 0.6% YoY cc YoY cc YoY cc YoY cc YoY cc YoY cc YoY cc 22.3% 10.8%
Slide 17: Revenue and margin walk
Revenue and margin walk Revenue walk (in $M) 1.9M -1.7M 0.9M 162.0M 2.2M 1.9M 156.8M Exchange TMT BFSI MCS HLS Q4FY25 Impact Q1FY26 EBITDA walk (in % of revenue) 15.6% 0.2% -0.2% -0.4% 15.2% Exchange impact Cost of delivery SG&A* Q4FY25 Q1FY26 *SG&A increase includes investment in Sales & Marketing
Slide 18: Client and Revenue mix
Client and Revenue mix 33 32 31 Q4FY25 Q1FY26 Q1FY25 16 14 14 Q1FY26 Q1FY25 Q4FY25 Client mix 6 6 4 Q4FY25 Q1FY26 Q1FY25 $20M+ $10M+ $5M+ Q1FY25 28.3% Q1FY25 42.1% Q1FY25 58.7% Revenue mix Q4FY25 27.6% Q4FY25 40.8% Q4FY25 55.8% (% of total revenue) Q1FY26 27.2% Q1FY26 41.4% Q1FY26 57.6% Top 5 Client
Slide 19: Win momentum continues: Notable projects
Win momentum continues: Notable projects Design system migration leveraging AI for one Driving digital innovation with AI led user of the largest sports betting and gaming research for a UK’s leading entertainment group company Enhanced user experience and business- Reverse engineering of code using
Slide 20: Case studies: Driving Business Value led by AI
Case studies: Driving Business Value led by AI AI-Driven Quality Automation for a Transforming Global Knowledge Agentic AI for Digital Arbitration: leading Manufacturing Company Management for a UN Agency Automating Legal Dispute Resolution Customer faced challenges in identifying defective A lea
Slide 21: 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 22: ESG goals
ESG goals 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: Cre
Slide 23: Zensar's stock price and shareholding pattern
Zensar’s stock price and shareholding pattern Share Price Volume 25 Millions 900 20 825 750 15 INR 675 10 600 5 525 450 0 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 30-Apr-25 31-May-25 30-Jun-25 Shareholding Pattern Equity Share Information (a
Slide 24: RPG Group Update
RPG Group Update www.zensar.com www.zensar.com | © Zensar Technologies 2025 | Page 12
Slide 25: RPG Group key financials
RPG Group key financials Revenue FY21-25 CAGR 13.0% Gross Total Income (In Cr.) EBITDA (In Cr.) PAT (INR Cr.) 42,633 38,823 35,456 29,207 26,160 3,009 4,063 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 2025 | Page 13
Slide 26: 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 27: Thank You
Thank You www.zensar.com www.zensar.com | © Zensar Technologies 2025 | Page 15
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