Zensar Technologies Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for ZENSARTECH, BSE:504067 Zensar Technologies Ltd.

Zensar Technologies Ltd.

30 Apr 2021

578.60

-0.91%

Zensar Technologies

Buy: Zensar Technologies Ltd.

Target

ICICI Securities Limited

The new CEO has highlighted its strategy to drive revenue growth in the current quarter. The key focus areas are: 1) grow its core capability like in data, experience, application services and platform, 2) invest & expand in sales, 3) invest in cloud hyper-scalers, 4) do acquisition to build capabilities, 5) to drive sustainable & profitable growth. We believe this strategy should help the company in driving growth in the long term. Going forward, we believe bottoming of large clients in hi tech, green shoots in BFSI business, improvement in cloud, retail & insurance revenues (hired a new leader) and...

Zensar Technologies has lost -29.35% in the last 1 Year

Zensar Technologies Ltd.

25 Jan 2021

578.60

-0.91%

Result Update:Zensar Tech.

Hold: Zensar Technologies Ltd.

Target

Axis Direct

We recommend HOLD and assign 12x P/E multiple to its FY23E earnings of Rs. 22.7 per share which gives a TP of Rs. 263 per share, an upside of 9%.

Zensar Technologies has lost -27.96% in the last 6 Months

Zensar Technologies Ltd.

29 Dec 2020

578.60

-0.91%

Zensar Technologies

Buy: Zensar Technologies Ltd.

Target

ICICI Securities Limited

Rising adoption of smartphones, high internet speed and social distancing (due to Covid-19) has changed consumer behaviour. Consumers now prefer to transact (buy a product) virtually over the smartphone via an app instead of physical transaction. This has led to virtualisation of business models. In addition, to keep business up and running in a work from home scenario, technology is gaining traction. As a result, new age technologies like cybersecurity (to protect business from work from home scenario), app development (to help customer transact virtually) and Cloud (to enable...

Zensar Technologies has lost -20.11% in the last 3 Months

Zensar Technologies Ltd.

02 Nov 2020

578.60

-0.91%

Result Update:Zensar Tech.

Hold: Zensar Technologies Ltd.

Target

Axis Direct

Zensar reported Q2 FY21 results much in line with expectations. Revenue for the period of Q2 FY21 stood at Rs. 979 cr decline by 1.2% QoQ. Operating margin reported a strong growth of 340bps and stood at 18.8%. Net income grew by 21.7% QoQ and stood at Rs. 89.2 cr.

Zensar Technologies Ltd. is trading below all available SMAs

Zensar Technologies Ltd.

02 Nov 2020

578.60

-0.91%

EARNINGS UPDATE- ZENSAR TECH LTD 2QFY21

Buy: Zensar Technologies Ltd.

Chola Wealth Direct

Background: Zensar is a leading digital solutions and technology services company that specialises in partnering with global organisations across industries on their Digital Transformation journey. A technology partner of choice, backed by strong track-record of innovation; credible investment in Digital solutions; assertion of commitment to client's success, Zensar's comprehensive range of digital and technology services and solutions enable its customers to achieve new thresholds of business performance. Zensar, with its experience in delivering excellence and superior client satisfaction through myriad technology solutions, is uniquely positioned to help them surpass challenges around running their existing business most efficiently, helping in their legacy transformation, and planning for business expansion...

Zensar Technologies has lost -19.09% in the last 1 Month

Zensar Technologies Ltd.

31 Oct 2020

578.60

-0.91%

Big margin improvement, but awaiting growth recovery

Neutral: Zensar Technologies Ltd.

Target

Motilal Oswal

While Zensar's (ZENT) 2QFY21 revenue performance impacted by restructuring at its top client was in line with our expectation, it was meaningfully below growth seen at its mid-cap peers. With the drag in top...

Zensar Technologies has lost -27.96% in the last 6 Months

Zensar Technologies Ltd.

30 Oct 2020

578.60

-0.91%

Zensar Technologies

Buy: Zensar Technologies Ltd.

Recommendation Target

ICICI Securities Limited

The company expects weakness in the top client to continue in the next two quarters. Coupled with a significant dip in H1FY21 & sale of third party maintenance segment, we expect FY21E revenues to decline 12.0% YoY. In the longer term, we expect the company to register healthy growth in core revenues (i.e. excluding third party maintenance revenues) mainly led by improving order book (increased 16.7% QoQ in Q2FY21), deal pipeline (US$1.5 billion), net new wins and conversion ratio. This, coupled with bottoming out of retail vertical, improvement in cloud revenues and ramp...

Zensar Technologies .. has an average target of 798.50 from 4 brokers.

Zensar Technologies Ltd.

28 Jul 2020

578.60

-0.91%

EARNINGS UPDATE- ZENSAR TECH LTD 1QFY21

Buy: Zensar Technologies Ltd.

Chola Wealth Direct

Zensar Technologies has lost -20.11% in the last 3 Months

Zensar Technologies Ltd.

27 Jul 2020

578.60

-0.91%

Result Update:Zensar Tech.

Hold: Zensar Technologies Ltd.

Recommendation Target

Axis Direct

Zensar reported better than expected results in Q1 FY21. Revenue for the period of Q1 FY21 stood at Rs. 991 cr decline by 2.6% QoQ and 4.8%QoQ in CC terms. Operating margin reported a growth of 11bps and stood at 9.9% aided mainly by INR depreciation, lower utilization.

Zensar Technologies .. has an average target of 798.50 from 4 brokers.

Zensar Technologies Ltd.

25 Jul 2020

578.60

-0.91%

Encouraging performance; Decent outlook!

Neutral: Zensar Technologies Ltd.

Target

Motilal Oswal

Commentary around defending margins, healthy deal wins (USD150m), and a robust We upgrade our EPS estimate for FY21/FY22E by 5%/0% as we adjust our revenue growth assumptions and margin trajectory post the beat during the In 1QFY21, revenue (USD) / EBIT (INR) / PAT decreased by 15%/13%/7% YoY v/s our estimate of 17%/32%/30% YoY. The USD1.5b deal pipeline (v/s USD1b in 4QFY20) remains healthy, with robust demand in Cloud and Infrastructure Services and Digital Application Across verticals, Retail is expected to stabilize by 2QFY21 and grow in 2HFY21. We value the stock at ~10x FY22E 1Q revenue was impacted as clients ramped-down some projects as part of their immediate cost-control initiatives in response to COVID-19. Decline was The USD1.5b deal pipeline (v/s USD1b in 4QFY20) remains healthy, with robust demand in Cloud and Infrastructure Services and Digital Application Services. In 1QFY21, revenue (USD) / EBIT (INR) / PAT decreased by 15%/13%/7% YoY v/s Revenue decline of 4.8% QoQ (CC) was lower than our expectations.

Zensar Technologies Ltd. is trading below all available SMAs

Is Zensar Technologies Ltd. worth buying?

447 Votes:

Buy 84.79%

Sell 7.38%

Hold 7.83%

RESEARCH REPORTS

Hold SEE REPORTS >

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Sell SEE REPORTS >

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