Pune, India, April 24, 2026: Zensar Technologies, a leading Experience, Engineering and Engagement solutions company, announced its consolidated financial results for its fourth quarter, ending March 31, 2026, of the fiscal year 2025-2026.
Financial Highlights:
For the full year FY26, the company posted revenue of $643.7M, growing 3.1% in reported currency and 1.7% in constant currency. In INR terms, this equates to YoY growth of 7.7%.
In Q4FY26, the company posted revenue of $158.4M, quarterly YoY growth of 1.0% and QoQ decline of 1.3% in reported currency. In INR terms this performance reflects a quarterly YoY growth of 6.7% and QoQ growth of 1.4%.
In Q4FY26, the company reported Profit after tax at 14.4% of revenue, QoQ increase of 50 bps.
In Q4FY26, the company reported orderbook of $401.8M, QoQ growth of 122.9%.
The company reported net cash and cash equivalents of $319.5M at the end of Q4FY26.
Africa region registered a QoQ revenue growth of 0.6% and quarterly YoY growth of 14.4% in reported currency.
Europe region registered a QoQ revenue decline of 1.2% and quarterly YoY growth of 4.3% in reported currency.
US region registered a QoQ revenue decline of 1.7% and quarterly YoY decline of 2.2% in reported currency.
Banking and Financial Services registered a QoQ revenue growth of 2.2% and quarterly YoY growth of 12.5% in reported currency.
Healthcare and Life Sciences registered a QoQ revenue decline of 6.7% and quarterly YoY decline of 0.3% in reported currency.
Manufacturing and Consumer Services registered a QoQ revenue decline of 3.3% and quarterly YoY decline of 2.2% and in reported currency.
Telecommunication, Media and Technology registered a QoQ revenue decline of 3.7% and quarterly YoY decline of 16.0% and in reported currency.
Manish Tandon, CEO and Managing Director, Zensar, said, “We delivered a modest yet resilient revenue performance this year, centred around offshore-led volume growth. Importantly our annualized Orderbook, Profitability especially PAT growth and Cash position collectively reached to their strongest levels ever demonstrating our disciplined execution and continued operating strength.
Our AI-native offerings scaled to enterprise-level adoption in Q4, driven by multiple high-value, AI-led wins, validating our early and decisive investments in this space. With 85% of our workforce AI-certified, we are systematically transitioning to a delivery model where AI is embedded in every engagement, driving accelerated technology modernization and measurable productivity gains.
Our strategic large deal win further underscores the bold, forward-leaning capabilities and client acceptance of our solutioning to capture opportunities at scale.”
Pulkit Bhandari, CFO, Zensar, commenting on the Q4FY26 performance, said, “FY26 revenue stood at $643.7 million, delivering growth of 3.1%. Q4FY26 revenue was $158.4 million, with a sequential decline of 1.3% in reported currency terms. Profitability remained resilient for the quarter, with EBITDA at 16.1% and PAT at 14.4%, reflecting sustained operational efficiencies. The quarter marked a key milestone with the closure of the largest deal in Zensar’s history, reinforcing future revenue visibility. The order booking stood at $401.8 million, while a strong balance sheet was maintained with cash and investment reserves of $319.5 million.
While global macroeconomic uncertainties continue to influence near term decision making across industries, we remain focused on disciplined execution and building AI capabilities across the organization. Zensar is committed to invest in AI led innovation to re-think the solutioning for its clients.”
Significant Wins in Q4FY26:
AI-led software engineering transformation delivered through an intelligent coding and QI assistant, enabling productivity and quality optimization for a global banking and payments technology leader
Finance operations modernization, powered by the proprietary Hawkeye AI automation platform and a dedicated Engineering POD, driving operational efficiency for one of Africa’s largest fashion retailers
Next-generation API estate modernization leveraging an AI-powered API Factory, enhancing scalability and time-to-market for a leading U.S. department store holding company
Enterprise-scale HR transformation enabled by an integrated HR AI Copilot, delivering simplified people operations for a prominent African financial services institution
AI-powered Account Development Planning Copilot, accelerating scalable, data-driven account growth and strategic expansion for a global aviation major
Enterprise-wide customer data unification through an AI-driven master data platform, powered by ZenseAI.Data accelerators, strengthening decision intelligence for a global healthcare leader
Awards and Recognitions in Q4FY26:
I. Analyst recognitions
Zensar was recognized as Major Contender in Everest Group’s Digital Workplace Services (DWS) PEAK Matrix® Assessment 2026 – Mid-market Enterprises
Zensar was recognized as Major Contender in Everest Group’s Software Product Engineering Services PEAK Matrix® Assessment 2026 – Global
Zensar was recognized as Major Contender in Everest Group’s Software Product Engineering Services PEAK Matrix® Assessment 2026 – EMEA
II. Industry Awards
Zensar South Africa was recognised by the Top Employer Institute as a Top Employer, reflecting its strong people practices and employee-centric culture
Zensar received the ICAI Sustainability Award for excellence in BRSR reporting, underscoring its commitment to strong ESG disclosure and governance standards
Zensar was awarded the Graham Bell Star Rating Award for its innovative Supply Chain Control Tower powered by Cognitive Intelligence, highlighting excellence in digital enablement and innovation
Zensar was named an Industry Mover following the Corporate Sustainability Assessment conducted by S&P Global, marking continued progress in ESG performance
Zensar secured its fifth consecutive Training APEX (Training MVP) Award, reaffirming its leadership in learning, capability building, and workforce transformation
Zensar achieved the IGBC Green Campus Certification, demonstrating its focus on sustainable infrastructure and environmentally responsible facilities management
