Tata Chemicals Q2 FY26: Revenue ₹3,877 Cr, PAT ₹219 Cr
02 Nov 2025
Zensar Q2 FY26 financial results analysis with business performance highlights
Financial Performance Overview
Pune, India, October 31, 2025: Zensar Technologies, a leading Experience, Engineering and Engagement solutions company, announced its consolidated financial results for its second quarter, ending September 30, 2025, of the fiscal year 2025-2026.
Key Financial Highlights (Q2 FY26)
Revenue
$162.8M
YoY Growth (Reported)
4.2%
QoQ Growth
0.5%
Gross Margins
31.0%
EBITDA Margin
15.4%
PAT Margin
12.8%
Sector-wise Performance (YoY Growth)
| Sector | QoQ Growth | YoY Growth | Performance |
|---|---|---|---|
| Banking & Financial Services | 5.6% | 11.0% | Strong |
| Healthcare & Life Sciences | 3.9% | 11.3% | Strong |
| Manufacturing & Consumer Services | 0.1% | 0.1% | Stable |
| Telecom, Media & Technology | -9.9% | -6.7% | Weak |
Management Commentary
CEO Statement - Manish Tandon
CFO Statement - Pulkit Bhandari
"Zensar announced annual salary increments across geographies whilst maintaining our margin in guided mid-teen range. Our revenue reached $162.8 million in Q2FY26, marking a sequential growth of 0.5%. Our order book stood at $158.7M for the current quarter. Utilization improved by 50 bps to 84.8%. EBITDA stood at 15.4% and PAT at 12.8%, highlighting our commitment to consistent profitability.
We are vigilant on the evolving macro dynamics and its impact on our business. Our AI-based solutions are positively resonating with our clients and are proving instrumental in driving measurable impact. We see this momentum continuing as businesses increasingly prioritize innovation to drive value."
Regional Performance & Operational Metrics
Geographic Performance (YoY Growth)
US Region
2.7%
QoQ: -1.9%
Europe Region
6.0%
QoQ: +5.2%
Africa Region
9.8%
QoQ: +6.9%
Order Book
$158.7M
Utilization
84.8%
+50 bps
Employee Count
10,000+
Significant Client Wins & Innovations
Key Q2 FY26 Achievements
Stock Performance & Key Metrics
Zensar Stock Analysis
Market Cap
₹18,132 Cr
Current Price
₹798
52W High / Low
₹985 / ₹536
Stock P/E
25.9
Book Value
₹179
Dividend Yield
1.63%
ROCE
21.3%
ROE
16.4%
Face Value
₹2.00
EPS
₹30.8
Debt to Equity
0.03
Total Debt
₹125 Cr
Industry PE
29.6
No. of Shares
22.7 Cr
About Zensar & Awards
Company Overview & Recognitions
Zensar conceptualizes, builds, and manages digital products through experience design, data engineering, and advanced analytics for 170+ global clients. With headquarters in Pune, India, our 10,000+ employees work across 30+ locations globally.
🎯 Recent Awards & Recognitions
Overall Performance Assessment: Zensar delivered steady performance in Q2 FY26 with 4.2% YoY revenue growth despite challenging market conditions. The company maintained profitability metrics while investing in AI capabilities through the launch of ZenseAI platform. Strong growth in Banking & Financial Services and Healthcare sectors, coupled with geographical diversification, positions the company well for future growth.
"This quarter, we forged ahead as an organization, delivering positive performance across multiple dimensions and achieving steady revenue growth. Disciplined execution, paired with scaled AI talent and a deep commitment to crafting meaningful and lasting client experiences remains our priority.
We are proud to announce the launch of ZenseAI, our next-generation platform designed to elevate our Experience, Engineering and Engagement value proposition. With ZenseAI, we are harnessing the transformative power of artificial intelligence to create lasting impact for our clients and driving innovation that endures."