Zensar Technologies

Zensar Technologies Limited has notified shareholders about unclaimed shares and unpaid dividends that may be transferred to the Investor Education and Protection Fund (IEPF). The company is participating in IEPF's 100-day campaign called 'Saksham Niveshak' running from July 28, 2025 to November 6, 2025. Shareholders are requested to claim unclaimed dividends for financial years 2018-19 to 2023-24, update KYC details, and resolve concerns related to unclaimed dividends or shares. The company has provided detailed procedures for shareholders holding shares in both physical and demat form to update their KYC details including PAN, postal address, contact details, nominee details and bank mandates. KFin Technologies Limited serves as the Registrar & Share Transfer Agent. From April 01, 2024, dividend payments will only be made electronically to members whose KYC details are not updated.

Zensar Technologies announced that the recent U.S. Executive Order on H-1B visa restrictions dated September 19, 2025, and subsequent memorandum from September 20, 2025, is not expected to significantly impact their financials or operations due to their lower dependency on H-1B visas. The company stated it will continue monitoring developments and providing updates as appropriate. Zensar emphasized its ongoing focus on local hiring and nearshoring strategies, while leveraging artificial intelligence and next-generation technologies to strengthen their delivery model, enhance client value, and build a sustainable foundation for the future.

Zensar Technologies reported revenues of $162 million for Q1 FY26, marking a sequential growth of 3.3% in reported currency and 1.9% in constant currency. The company highlighted that artificial intelligence has become central to its strategy, driving 30% of its active pipeline and contributing to 20% of order bookings through AI-influenced wins. Over half of the company's talent has been upskilled in AI and GenAI technologies. The company announced salary hikes for all employees effective July 1st, unlike some industry peers. Gross profit stood at 30.5% with sequential growth of 20 basis points, while EBITDA was 15.2%, down 40 basis points quarter-on-quarter due to investments in sales and marketing. The company added an order book of $172 million, representing 11.7% year-over-year growth. Attrition improved to 9.8% from 9.9% in the previous quarter. On a sectoral basis, Telecommunication, Media & Technology grew 5.5%, BFSI grew 2.9%, Healthcare grew 5.2%, while Manufacturing & Consumer Services declined 4.1% on a constant currency basis. Management cited macro-driven variability in client budgets but expressed confidence in their diversified portfolio and AI-focused offerings.