Conference Call with Zensar Technologies Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.
IT Consulting & Software company Zensar Technologies announced Q3FY26 results In Q3FY26, the company posted revenue of USD 160.5 million, YoY growth of 2.2% in reported currency and 1.3% in constant currency. Sequentially, revenue declined by 1.4% in reported currency and 1.3% in constant currency. In Rs terms this performance reflects a YoY growth of 7.9% and sequential QoQ growth of 0.7%. In Q3FY26, the company reported Gross Margin at 33.7% of revenue, sequential QoQ increase of 270 bps. In Q3FY26, the company reported EBITDA at 17.4% of revenue, sequential QoQ increase of 200 bps. In Q3FY26, the company registered orderbook of USD 180.2 million, sequential QoQ growth of 13.6%. The company registered net cash and cash equivalents of USD 322.4 million at the end of Q3FY26. The company reported DSO of 71 days at the end of Q3FY26, sequential QoQ improvement of 4 days. Manufacturing and Consumer Services registered a sequential QoQ revenue growth of 3.2% and YoY decline of 2.7% in reported currency. Banking and Financial Services registered a sequential QoQ revenue decline of 0.4% and YoY growth of 12.2% in reported currency. Healthcare and Life Sciences registered a sequential QoQ revenue decline of 2.5% and YoY growth of 5.2% in reported currency. Telecommunication, Media and Technology registered a sequential QoQ revenue decline of 8.8% and YoY decline of 11.6% in reported currency. US region registered a sequential QoQ decline of 3.0% and YoY decline of 0.4% in reported currency. Europe region registered a sequential QoQ growth of 1.2% and YoY growth of 6.1% in reported currency. Africa region registered a sequential QoQ growth of 2.8% and YoY growth of 10.7% in reported currency. Manish Tandon, CEO & Managing Director, Zensar, said: “This quarter, we delivered strong margin performance, a healthy order book, and our highest ever cash position, reflecting our disciplined execution and financial resilience. Our revenue stood at USD 160.5M, reflecting modest, yet resilient performance supported by healthy volume growth, driven predominantly from offshore. While the resulting mix shift, combined with typical seasonality and furlough-driven softness, moderated the pace of revenue momentum, our business fundamentals remain strong. Additionally, our Industryleading LTM attrition highlights the effectiveness of our people-first philosophy and culture that fosters long-term relationships. We begin 2026 with a singular commitment: to lead as a truly AI-native technology services company, redefining the value we deliver. Guided by a strong execution framework, nearly 20% of this year’s orderbook is AI-Influenced, demonstrating the tangible value we deliver through our strategic investments across the entire AI stack, from experience, engineering, to engagement. “ Pulkit Bhandari, CFO, Zensar, said, “Our disciplined margin optimizing approach enabled us to deliver a robust 17.4% EBITDA and 13.9% PAT margin. With seasonal furloughs, Zensar reported revenue for Q3FY26 at USD 160.5M, a sequential degrowth of 1.4%. Our order book stood at USD 180.2 million for the current quarter. We continue to maintain strong fundamentals with cash & cash equivalents of USD 322.4 million and DSO of 71 days. Macro environment and demand remain uncertain, with client budgets for CY26 reflecting delayed spending and increased vendor consolidation. AI-powered cost optimization solutions are emerging as key drivers in this landscape” Result PDF
Conference Call with Zensar Technologies Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.