Zensar Technologies Limited (504067) Earnings Call Transcripts

Zensar Technologies Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Zensar Technologies reported revenues of $158.4 million, reflecting a year-over-year growth of 1% and a sequential decline of 1.3%. The full fiscal year saw revenues of INR 643.7 million, up 3.1% YoY. Notably, the company achieved an all-time high order book of $401.8 million, driven by strategic large deal wins. Management maintained a cautious outlook for FY '27, indicating potential pressure on margins due to large deal transition costs but expressed confidence in revenue growth from sectors like BFSI and EU/SA despite challenges in TMT.

Reported metrics

Guidance from management

Management indicated that while they do not foresee a degrowth quarter in Q1 FY '27, they expect some pressure on margins due to large deal transition costs, particularly in Q1 and Q2.

What management said

Yes. We are -- as we stand, we don't see a degrowth quarter in Q1 for sure. But as you know, I mean, things are changing so rapidly in Nitin, as you know, not just from a market perspective, but also from the geopolitical situation and tariffs and so many of these things that it is becoming very difficult to predict with surety. But I can say that where we stand today, we are not seeing a degrowth scenario.

Yes, Nitin, so again, a very relevant question. See, the competitive intensity is going up tremendously. And so much so that we are seeing Tier 1s competing for deals, which a few months back, they wouldn't even look at, okay? I can tell you that almost everywhere, we are encountering a Tier 1 in our competitive set, which was not the case a few months back. As far as our pipeline is concerned, it is pretty good from...

What analysts pressed on

Analysts expressed concerns regarding the broad-based decline in revenue and the impact of competitive intensity in the TMT sector. There were questions about the sustainability of growth outside of large deals and how the company plans to navigate the challenging environment.

Main topics on the call

• Order Book Growth — Zensar's order book reached an all-time high of $401.8 million, a sequential growth of 122.9%. Management highlighted this as a key indicator of future revenue potential, stating, "Our strategic large deal win further un...
• Revenue Performance — For Q4 FY '26, Zensar reported revenues of $158.4 million, with a year-over-year growth of 1% and a sequential decline of 1.3%. The full year revenue growth was 3.1%, indicating modest performance amidst macroeconomic ch...
• Profitability and Margins — The company's profit after tax improved to $87.2 million, a year-over-year growth of 13.6%. However, management indicated that margins may face pressure due to large deal transition costs, with Pulkit Bhandari stating, "...
• AI Integration and Workforce Readiness — Management emphasized the successful integration of AI into their service offerings, with 85% of the workforce AI certified. This strategic focus on AI is expected to drive future growth, as stated by Manish Tandon: "We ...

Read the full Zensar Technologies Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 25 Zensar Technologies Limited earnings call transcripts on record, spanning January 24, 2020 to July 30, 2026. Based on this history, Zensar Technologies Limited reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

504067

Exchange

BSE

Country

IN

Sector

Information Technology

Industry

IT Services

Calls on record

25

First call

January 24, 2020

Most recent

July 30, 2026

Reporting cadence

quarterly