Zensar Technologies Limited Appoints Price Waterhouse Chartered Accountants LLP as Statutory Auditor

1 min read     Updated on 24 Apr 2026, 06:14 PM
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AI Summary

Zensar Technologies Limited's Board of Directors has approved the appointment of M/s. Price Waterhouse Chartered Accountants LLP as statutory auditors for a five-year term commencing from the conclusion of the 64th AGM in 2027 until the 69th AGM in 2032, subject to shareholder approval. The current statutory auditor, M/s. SRBC & Co LLP, will continue until the conclusion of the 64th AGM in 2027. The board meeting was held on April 24, 2026, and the appointment follows the recommendation of the Audit Committee.

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Zensar Technologies Limited's Board of Directors has approved the appointment of M/s. Price Waterhouse Chartered Accountants LLP as the statutory auditors of the company for a five-year term. The appointment, based on the recommendation of the Audit Committee, was made during a board meeting held on April 24, 2026, and is subject to shareholder approval and other statutory requirements.

Appointment Details

The newly appointed auditor, M/s. Price Waterhouse Chartered Accountants LLP (ICAI Firm Registration No.: 012754N/N500016), will commence its term from the conclusion of the 64th Annual General Meeting to be held in 2027 and continue until the conclusion of the 69th AGM scheduled for 2032. The current statutory auditor, M/s. SRBC & Co LLP (ICAI Firm Registration No. 324982E/E300003), will continue to undertake the audit of the company and its subsidiaries until the conclusion of the 64th AGM in 2027.

Auditor Profile

M/s. Price Waterhouse Chartered Accountants LLP was established in 1991 and converted into a limited liability partnership in 2014. The firm operates from its registered office in New Delhi and has 9 branches across India. As of December 2025, the firm has more than 125 Assurance Partners and holds a valid peer review certificate. The firm is a member entity of the Price Waterhouse & Affiliates network and audits various companies listed on stock exchanges in India.

Board Meeting Information

The board meeting commenced at 12:00 Noon IST and concluded at 03:00 p.m. IST on April 24, 2026. The appointment has been made in accordance with the laws and regulations in India and other jurisdictions as applicable, including auditor independence requirements for the company and its subsidiaries.

Sr. No. Particulars Details
1. Reason for change Completion of 5-year term of current auditor M/s. SRBC & Co LLP
2. Term of appointment 5 years (conclusion of 64th AGM 2027 to conclusion of 69th AGM 2032)
3. New auditor M/s. Price Waterhouse Chartered Accountants LLP
4. ICAI Registration No. 012754N/N500016
5. Current auditor M/s. SRBC & Co LLP
6. Current auditor ICAI Registration No. 324982E/E300003

Historical Stock Returns for Zensar Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-5.33%-8.88%-1.69%-33.09%-22.46%+99.70%

What factors led Zensar Technologies to switch from SRBC & Co LLP to PwC after completing a full five-year term?

How might PwC's extensive network and experience impact Zensar's audit quality and international expansion plans?

Will the auditor transition affect Zensar's quarterly reporting timelines or financial disclosure practices in 2027?

Zensar Tech Q4 EBIT Falls to ₹2.10B, Margin Drops to 14.70% Quarter-on-Quarter

2 min read     Updated on 24 Apr 2026, 03:14 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Zensar Technologies reported mixed Q4 performance with revenue increasing sequentially to ₹14.50 billion but EBIT declining to ₹2.10 billion from ₹2.30 billion quarter-on-quarter. The company experienced margin compression with EBIT margin falling to 14.70% from 16.05%, indicating operational efficiency challenges despite revenue growth momentum.

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Zensar Technologies Limited has announced its Q4 consolidated financial results, showing mixed performance with revenue growth but declining profitability metrics. The company reported sequential decline in EBIT and margin compression while maintaining its scheduled board meeting and conference call arrangements.

Q4 Financial Performance

The company delivered mixed financial results in the fourth quarter, with revenue growth offset by margin compression:

Metric: Q4 Results Previous Quarter Change
Revenue: ₹14.50 billion ₹14.30 billion Sequential increase
EBIT: ₹2.10 billion ₹2.30 billion Sequential decline
EBIT Margin: 14.70% 16.05% -135 basis points
Consolidated Net Profit: ₹2.10 billion ₹1.99 billion Sequential increase

Profitability Analysis

While the company maintained revenue momentum with sequential growth, operational efficiency showed signs of pressure. The EBIT margin compression of 135 basis points indicates challenges in maintaining operational leverage despite higher revenues.

Performance Indicator: Q4 Impact
EBIT Decline: ₹200 million quarter-on-quarter
Margin Compression: 135 basis points sequential decline
Revenue Growth: Positive sequential trajectory

Board Meeting and Conference Call Schedule

The company has confirmed its board meeting agenda while providing updated timing for the results discussion conference call:

Event: Date & Time Details
Board Meeting: April 24, 2026 Review Q4 and FY2025-26 audited results, dividend consideration
Conference Call: April 24, 2026, 5:00 PM IST Rescheduled from 4:30 PM IST
Key Participants: CEO Manish Tandon, CFO Pulkkit Bhandari Senior management discussion

Conference Call Rescheduling Details

In a communication dated April 22, 2026, Company Secretary Anand Daga informed stock exchanges about the timing change for the Q4FY26 results conference call. The call, originally scheduled for 4:30 PM IST, has been moved to 5:00 PM IST on the same day.

The conference call will be hosted by Emkay Global Financial Services Ltd and will feature discussions with CEO and Managing Director Manish Tandon, Chief Financial Officer Pulkkit Bhandari, and other senior management personnel.

Regulatory Compliance

Zensar Technologies has implemented trading window restrictions in compliance with SEBI regulations. The trading window for company securities remains closed from April 1, 2026, and will continue until 48 hours after the official declaration of Q4-FY2025-26 financial results.

Historical Stock Returns for Zensar Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-5.33%-8.88%-1.69%-33.09%-22.46%+99.70%

What strategic initiatives will Zensar implement to reverse the 135 basis points EBIT margin compression in the upcoming quarters?

How might the mixed Q4 performance impact Zensar's competitive positioning in the IT services sector for FY2026-27?

Will the operational efficiency challenges affect Zensar's ability to maintain its dividend policy going forward?

More News on Zensar Technologies

1 Year Returns:-22.46%