Loading...

Zensar Technologies

BSE:504067
Snowflake Description

Excellent balance sheet established dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
504067
BSE
₹54B
Market Cap
Add to portfolio
  1. Home
    2. ›
  2. IN
    3. ›
  3. Software
Last updated 2019/04/20 12:33
Company description

Zensar Technologies Limited, a digital solutions and technology services company, provides information technology (IT) services and solutions worldwide. The last earnings update was 89 days ago. More info.

Find similar companies

Add to Portfolio Compare Print
504067 Share Price and Events
7 Day Returns
2.6%
BSE:504067
0.9%
IN Software
0.8%
IN Market
1 Year Returns
17.2%
BSE:504067
-18.4%
IN Software
-0.7%
IN Market
504067 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Zensar Technologies (504067) 2.6% 4% 1.9% 17.2% 19.6% 216.7%
IN Software 0.9% 2.6% -4.4% -18.4% -4.1% 26.8%
IN Market 0.8% 2.1% 5.8% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • 504067 outperformed the Software industry which returned -18.4% over the past year.
  • 504067 outperformed the Market in India which returned -0.7% over the past year.
Price Volatility
504067
Industry
5yr Volatility vs Market

Value

 Is Zensar Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Zensar Technologies to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Zensar Technologies.

BSE:504067 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 17.2%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:504067
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 8.6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.134 (1 + (1- 35%) (6.91%)) 		1.124
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)		 1.12
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.124 * 8.6%) 		17.21%

Discounted Cash Flow Calculation for BSE:504067 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Zensar Technologies is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:504067 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 17.21%)
2019 2,178.00 Analyst x2 1,858.15
2020 2,891.20 Analyst x5 2,104.38
2021 3,487.80 Analyst x5 2,165.81
2022 3,815.87 Est @ 9.41% 2,021.55
2023 4,153.56 Est @ 8.85% 1,877.30
2024 4,504.93 Est @ 8.46% 1,737.10
2025 4,873.73 Est @ 8.19% 1,603.32
2026 5,263.42 Est @ 8% 1,477.24
2027 5,677.23 Est @ 7.86% 1,359.38
2028 6,118.26 Est @ 7.77% 1,249.84
Present value of next 10 years cash flows ₹17,454.06
BSE:504067 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹6,118.26 × (1 + 7.55%) ÷ (17.21% – 7.55%) 		₹68,093.90
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹68,093.90 ÷ (1 + 17.21%)10 		₹13,910.26
BSE:504067 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹17,454.06 + ₹13,910.26 		₹31,364.32
Equity Value per Share
(INR)		 = Total value / Shares Outstanding
= ₹31,364.32 / 225.17 		₹139.29
BSE:504067 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹139.29
Current discount Discount to share price of ₹238.30
= -1 x (₹238.30 - ₹139.29) / ₹139.29 		-71.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Zensar Technologies is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Zensar Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Zensar Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:504067 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹13.49
BSE:504067 Share Price ** BSE (2019-04-18) in INR ₹238.3
India Software Industry PE Ratio Median Figure of 48 Publicly-Listed Software Companies 16.08x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Zensar Technologies.

BSE:504067 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:504067 Share Price ÷ EPS (both in INR)

= 238.3 ÷ 13.49

 17.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zensar Technologies is overvalued based on earnings compared to the IN Software industry average.
  • Zensar Technologies is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Zensar Technologies's expected growth come at a high price?
Raw Data
BSE:504067 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts		 18.9%per year
India Software Industry PEG Ratio Median Figure of 9 Publicly-Listed Software Companies 0.94x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

BSE:504067 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 17.66x ÷ 18.9%

 0.93x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zensar Technologies is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Zensar Technologies's assets?
Raw Data
BSE:504067 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹80.83
BSE:504067 Share Price * BSE (2019-04-18) in INR ₹238.3
India Software Industry PB Ratio Median Figure of 66 Publicly-Listed Software Companies 1.21x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
BSE:504067 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:504067 Share Price ÷ Book Value per Share (both in INR)

= 238.3 ÷ 80.83

 2.95x

* Primary Listing of Zensar Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Zensar Technologies is overvalued based on assets compared to the IN Software industry average.
X
Value checks
We assess Zensar Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
    5. Zensar Technologies has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Zensar Technologies expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Zensar Technologies expected to grow at an attractive rate?
  • Zensar Technologies's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Zensar Technologies's earnings growth is expected to exceed the India market average.
  • Zensar Technologies's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
Raw Data
BSE:504067 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:504067 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 18.9%
BSE:504067 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 13.6%
India Software Industry Earnings Growth Rate Market Cap Weighted Average 16.5%
India Software Industry Revenue Growth Rate Market Cap Weighted Average 12.1%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:504067 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:504067 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-03-31 51,245 4,293 4,496 6
2020-03-31 45,496 3,548 3,759 8
2019-03-31 39,615 2,353 3,112 8
BSE:504067 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 37,237 3,035
2018-09-30 34,819 3,073
2018-06-30 32,758 2,765
2018-03-31 31,077 2,059 2,415
2017-12-31 30,411 1,792
2017-09-30 30,339 2,002
2017-06-30 30,416 2,079
2017-03-31 30,556 3,044 2,349
2016-12-31 30,765 2,974
2016-09-30 30,446 2,869
2016-06-30 30,245 3,103
2016-03-31 29,519 2,548 2,896

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Zensar Technologies's earnings are expected to grow by 18.9% yearly, however this is not considered high growth (20% yearly).
  • Zensar Technologies's revenue is expected to grow by 13.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:504067 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Zensar Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:504067 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-03-31 19.72 21.70 18.50 8.00
2020-03-31 16.42 17.90 15.50 8.00
2019-03-31 13.55 14.70 12.50 8.00
BSE:504067 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 13.49
2018-09-30 13.66
2018-06-30 12.30
2018-03-31 10.75
2017-12-31 7.99
2017-09-30 8.93
2017-06-30 9.28
2017-03-31 10.50
2016-12-31 13.31
2016-09-30 12.86
2016-06-30 13.95
2016-03-31 13.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Zensar Technologies is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Show me more growth companies in the Software industry
X
Future performance checks
We assess Zensar Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Zensar Technologies has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Zensar Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Zensar Technologies's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Zensar Technologies's year on year earnings growth rate has been positive over the past 5 years.
  • Zensar Technologies's 1-year earnings growth exceeds its 5-year average (69.3% vs 1.2%)
  • Zensar Technologies's earnings growth has exceeded the IN Software industry average in the past year (69.3% vs 21.7%).
Earnings and Revenue History
Zensar Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Zensar Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:504067 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 37,236.50 3,035.00 998.30
2018-09-30 34,818.60 3,072.90 998.30
2018-06-30 32,757.50 2,765.20 998.30
2018-03-31 31,077.40 2,415.30 998.30
2017-12-31 30,411.05 1,792.45 936.16
2017-09-30 30,338.85 2,002.05 936.16
2017-06-30 30,416.05 2,078.95 936.16
2017-03-31 30,555.90 2,348.70 952.40
2016-12-31 30,764.84 2,973.57 835.28
2016-09-30 30,445.74 2,869.07 835.28
2016-06-30 30,245.14 3,102.87 835.28
2016-03-31 29,518.70 2,895.53 829.49
2015-12-31 28,794.64 3,107.65 3,050.81
2015-09-30 28,403.24 3,087.45 3,050.81
2015-06-30 27,315.54 2,847.15 3,050.81
2015-03-31 26,316.94 2,645.95 816.99
2014-12-31 25,742.59 2,480.33 3,163.78
2014-09-30 24,485.99 2,292.23 3,163.78
2014-06-30 23,907.09 2,325.43 3,163.78
2014-03-31 23,172.09 2,375.23 3,166.50
2013-12-31 22,212.00 2,213.82 2,896.20
2013-09-30 21,539.70 2,193.72 2,896.20
2013-06-30 21,015.10 1,809.12 2,896.20
2013-03-31 21,208.02 1,745.32 2,896.20
2012-12-31 21,002.89 1,747.27 2,276.07
2012-09-30 20,563.39 1,783.17 2,276.07
2012-06-30 19,279.89 1,861.97 2,276.07

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Zensar Technologies has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Zensar Technologies used its assets more efficiently than the IN Software industry average last year based on Return on Assets.
  • Zensar Technologies's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Show me more strong past performing companies in the Software industry
X
Past performance checks
We assess Zensar Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Zensar Technologies has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Zensar Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Zensar Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Zensar Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Zensar Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Zensar Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Zensar Technologies Company Filings, last reported 3 months ago.

BSE:504067 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 18,355.40 3,709.10 8,018.40
2018-09-30 18,355.40 3,709.10 8,018.40
2018-06-30 16,825.50 279.60 3,343.90
2018-03-31 16,825.50 279.60 3,343.90
2017-12-31 15,614.50 1,044.40 2,741.20
2017-09-30 15,614.50 1,044.40 2,741.20
2017-06-30 14,779.06 1,328.45 4,757.69
2017-03-31 14,789.70 1,358.40 4,738.00
2016-12-31 16,103.20 1,755.50 4,810.40
2016-09-30 16,103.20 1,755.50 4,810.40
2016-06-30 14,297.04 1,492.93 3,859.61
2016-03-31 12,690.24 1,492.85 3,855.03
2015-12-31 13,445.00 1,180.50 3,717.70
2015-09-30 13,445.00 1,180.50 3,717.70
2015-06-30 11,581.73 1,755.71 2,903.70
2015-03-31 11,581.73 1,755.71 2,903.70
2014-12-31 10,760.00 2,718.00 2,750.00
2014-09-30 10,760.00 2,718.00 2,750.00
2014-06-30 9,466.01 1,701.12 2,936.58
2014-03-31 9,466.01 1,701.12 2,936.58
2013-12-31 8,830.20 1,564.90 2,640.60
2013-09-30 8,830.20 1,564.90 2,640.60
2013-06-30 7,289.01 2,003.37 1,837.79
2013-03-31 7,289.01 2,003.37 1,837.79
2012-12-31 6,766.80 1,610.30 2,416.80
2012-09-30 6,766.80 1,610.30 2,416.80
2012-06-30 5,759.18 2,480.89 2,213.03
  • Zensar Technologies's level of debt (20.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (17.7% vs 20.2% today).
  • Debt is well covered by operating cash flow (55.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 22.1x coverage).
Show me more healthy companies in the Software industry
X
Financial health checks
We assess Zensar Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Zensar Technologies has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Zensar Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.01%
Current annual income from Zensar Technologies dividends. Estimated to be 1.6% next year.
If you bought ₹2,000 of Zensar Technologies shares you are expected to receive ₹20 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Zensar Technologies's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Zensar Technologies's dividend is below the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:504067 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
India Software Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 2.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.3%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:504067 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2021-03-31 4.12 8.00
2020-03-31 3.49 8.00
2019-03-31 2.87 7.00
BSE:504067 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-01-21 2.400 1.082
2018-04-24 2.400 0.948
2018-01-18 2.400 1.293
2017-04-25 2.400 1.452
2017-01-24 2.400 1.312
2016-06-27 2.400 1.202
2016-04-22 2.400 1.248
2016-01-19 2.300 1.286
2015-06-19 2.200 1.245
2015-04-28 2.200 1.565
2015-01-19 2.100 1.551
2014-04-22 2.000 2.092
2014-01-21 1.700 2.233
2013-07-01 1.600 2.979
2013-04-22 1.600 3.237
2013-01-21 1.500 3.058
2012-04-25 1.600 3.174
2012-01-24 1.200 3.290
2011-04-21 0.700 2.472
2010-05-31 0.550 1.681
2010-04-22 0.550 1.753
2009-04-21 0.450 2.355

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Zensar Technologies's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (5.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.8x coverage).
Show me more dividend paying companies in the Software industry
X
Income/ dividend checks
We assess Zensar Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Zensar Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Zensar Technologies has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Zensar Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sandeep Kishore
COMPENSATION ₹1,443,000
TENURE AS CEO 3.3 years
CEO Bio

Mr. Sandeep Kishore has been the Chief Executive Officer and Managing Director of Zensar Technologies Limited since January 12, 2016. Mr. Kishore has over 25 years of experience in the IT industry, spanning across IT, Engineering and Business Process Outsourcing. He is also a Management Board Member at RPG Enterprises. He served as Corporate Vice President of Life Sciences Healthcare & Public Services Sales at HCL Technologies Ltd. He served as Corporate Vice President of Engineering Services (Ers) Sales of HCL Technologies Ltd. He served as the Global Head of Sales & Practice for Engineering & R&D Services and Corporate Vice President at HCL Technologies Ltd. He leads this business through cycles of synchronized growth and innovation and today, HCL ERS is India’s 1 Engineering Services provider and among the top 5 globally. He served as Senior Vice President and Global Head of Hi-Tech & Manufacturing, a position in which he helmed the business to become one of two dominant businesses at HCL. He has held many leadership roles at HCL and contributed significantly to its growth through multiple innovative, transformational and strategic partnerships with several Fortune 500 companies. He was also a Member of the Personal Systems Division senior management team at HCL India and Product Management of HP Products in the HCL – HP joint venture during the early nineties. In 2001, he led the entire operations, including Strategy, Market Creation, Business Development and Offshore Project Execution, of a software services start-up company in San Francisco. Mr. Kishore serves as a Director at Zensar Technologies Limited. He was chartered with leading the next generation growth into these businesses and was focused on creating market momentum through innovative solutions and market development. He is an alumnus of IIT Bombay, India and based in Silicon Valley, California.

CEO Compensation
  • Sandeep's compensation has been consistent with company performance over the past year.
  • Sandeep's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Zensar Technologies management team in years:

2.8
Average Tenure
45
Average Age
  • The tenure for the Zensar Technologies management team is about average.
Management Team

Sandeep Kishore

TITLE
CEO, MD & Director
COMPENSATION
₹1M
TENURE
3.3 yrs

Navneet Khandelwal

TITLE
Senior VP & CFO
COMPENSATION
₹25M
AGE
38
TENURE
1.3 yrs

Gaurav Tongia

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹3M
TENURE
1.2 yrs

Vivek Ranjan

TITLE
Chief Human Resources Officer
AGE
45

Prameela Kalive

TITLE
Executive VP and Head of Applications & Digital Solutions
AGE
52
TENURE
2.8 yrs

Avinash Kale

TITLE
Senior Vice President
AGE
43

Ajay Bhandari

TITLE
Chief Corporate Development Officer
COMPENSATION
₹9M
AGE
50

Harish Lala

TITLE
Senior VP & Head of Africa
AGE
44
TENURE
2.8 yrs

Ankit Ghosh

TITLE
Senior VP & Global Head IMS CLOUD Practice and Technology Alliances
COMPENSATION
₹4M
AGE
52

J. Parthasarathi

TITLE
Head of GTS (APAC)
Board of Directors Tenure

Average tenure and age of the Zensar Technologies board of directors in years:

3.6
Average Tenure
55.5
Average Age
  • The tenure for the Zensar Technologies board of directors is about average.
Board of Directors

Harsh Goenka

TITLE
Chairman of the Board
COMPENSATION
₹22M
AGE
61

Sandeep Kishore

TITLE
CEO, MD & Director
COMPENSATION
₹1M

Ajit Vaswani

TITLE
Independent Non-Executive Director
COMPENSATION
₹2M
AGE
81
TENURE
23.2 yrs

Arvind Agrawal

TITLE
Non-Independent Non-Executive Director
COMPENSATION
₹1M
TENURE
17.3 yrs

Kas Kasturirangan

TITLE
Independent Non Executive Director
COMPENSATION
₹1M
TENURE
11.3 yrs

Sudip Nandy

TITLE
Independent Non-Executive Director
COMPENSATION
₹1M
TENURE
3.8 yrs

Shashank Singh

TITLE
Non-Independent Non-Executive Director
COMPENSATION
₹1M
AGE
42
TENURE
3.5 yrs

Ben Druskin

TITLE
Additional Independent Non-Executive Director
COMPENSATION
₹300K
AGE
50
TENURE
1.4 yrs

Ketan Dalal

TITLE
Additional Independent Non-Executive Director
COMPENSATION
₹400K
AGE
60
TENURE
1.4 yrs

Tanuja Randery

TITLE
Additional Independent Non-executive Director
COMPENSATION
₹200K
AGE
51
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
14. Mar 19 Buy Sofreal Mercantrade Private Limited Company 12. Mar 19 13. Mar 19 23,495 ₹221.55 ₹5,177,462
13. Mar 19 Buy Sofreal Mercantrade Private Limited Company 08. Mar 19 11. Mar 19 56,241 ₹220.01 ₹12,345,151
08. Jan 19 Sell Prasad Deshpande Individual 04. Jan 19 04. Jan 19 -40 ₹230.49 ₹-9,220
07. Jan 19 Sell Prasad Deshpande Individual 02. Jan 19 03. Jan 19 -40 ₹233.30 ₹-9,306
26. Dec 18 Sell Prasad Deshpande Individual 19. Dec 18 19. Dec 18 -20 ₹244.99 ₹-4,900
21. Dec 18 Sell Prasad Deshpande Individual 17. Dec 18 18. Dec 18 -275 ₹246.49 ₹-67,189
17. Dec 18 Sell Prasad Deshpande Individual 12. Dec 18 13. Dec 18 -175 ₹241.99 ₹-42,195
04. Oct 18 Sell Harish Gala Individual 03. Oct 18 03. Oct 18 -3,000 ₹323.00 ₹-969,000
04. Oct 18 Sell Prasad Deshpande Individual 28. Sep 18 03. Oct 18 -430 ₹309.01 ₹-132,875
03. Oct 18 Sell Harish Gala Individual 01. Oct 18 01. Oct 18 -3,000 ₹308.29 ₹-924,878
28. Sep 18 Sell Prasad Deshpande Individual 25. Sep 18 27. Sep 18 -360 ₹293.48 ₹-104,277
30. Aug 18 Sell Prasad Deshpande Individual 02. May 18 24. Aug 18 -8,545 ₹314.53 ₹-2,546,920
30. Aug 18 Sell Prasad Deshpande Individual 13. Jul 18 24. Aug 18 -7,545 ₹314.53 ₹-2,273,357
21. Aug 18 Sell Prasad Deshpande Individual 16. Aug 18 16. Aug 18 -5,250 ₹280.69 ₹-1,473,623
18. Jul 18 Sell Prasad Deshpande Individual 06. Jul 18 11. Jul 18 -1,510 ₹448.55 ₹-392,561
12. Jun 18 Sell Prasad Deshpande Individual 31. May 18 01. Jun 18 -850 ₹260.00 ₹-220,992
29. May 18 Sell Pushpall Kapadia Individual 24. May 18 24. May 18 -4,585 ₹261.68 ₹-1,199,807
24. May 18 Sell Sanjay Rawa Individual 21. May 18 23. May 18 -4,050 ₹253.94 ₹-1,028,458
23. May 18 Sell Prasad Deshpande Individual 16. May 18 17. May 18 -125 ₹250.61 ₹-31,286
08. May 18 Sell Sanjay Rawa Individual 27. Apr 18 08. May 18 -4,450 ₹251.80 ₹-1,120,497
04. May 18 Sell Prasad Deshpande Individual 27. Apr 18 30. Apr 18 -19,000 ₹252.85 ₹-4,731,932
03. May 18 Sell Prameela Kalive Individual 01. Apr 18 30. Apr 18 -20,000 ₹233.13 ₹-4,662,699
26. Apr 18 Sell Brijesh Kumar Individual 24. Apr 18 24. Apr 18 -6,000 ₹221.33 ₹-1,328,000
26. Apr 18 Sell Amit Mahajani Individual 23. Apr 18 24. Apr 18 -8,000 ₹221.83 ₹-1,695,051
26. Apr 18 Sell Vishwas Pitre Individual 13. Apr 18 25. Apr 18 -11,500 ₹233.15 ₹-2,496,182
26. Apr 18 Sell Pushpall Kapadia Individual 23. Apr 18 23. Apr 18 -5,000 ₹216.73 ₹-1,083,641
X
Management checks
We assess Zensar Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Zensar Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Zensar Technologies Limited (BOM:504067) Expensive For A Reason? A Look At The Intrinsic Value

I am going to run you through how I calculated the intrinsic value of Zensar Technologies Limited (BOM:504067). … by estimating the company's future cash flows and discounting them to their present value. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model

Simply Wall St - –

Company Info

Description

Zensar Technologies Limited, a digital solutions and technology services company, provides information technology (IT) services and solutions worldwide. The company operates through Application Management Services and Infrastructure Management Services segments. It offers digital supply chain, enterprise analytics, customer experience transformation, agile IT modernization, and digital solutions. The company also provides advanced analytics and data warehousing, big data, and enterprise data management services; and cloud and infrastructure services, including hybrid IT, cybersecurity, digital workplace, intelligent command center, third-party maintenance, and unified IT, as well as operates The Vinci, an intelligent managed services platform. In addition, it offers CRM, Web platform, digital marketing, experience, and front end development services; enterprise applications, Oracle, SAP, SFDC, and Pega Alliance solutions; and agile, application development, DevOps, enterprise architecture consulting, outcome based managed, and robotic process automation services. Further, the company provides testing services; and digital commerce consulting, digital commerce development, digital fulfilment, and managed commerce services. It serves manufacturing, retail, media, banking, insurance, healthcare, and utilities industries. Zensar Technologies Limited was incorporated in 1963 and is headquartered in Pune, India.

Details
Name: Zensar Technologies Limited
504067
Exchange: BSE
Founded: 1963
₹53,657,294,908
225,166,995
Website: http://www.zensar.com
Address: Zensar Technologies Limited
Zensar Knowledge Park,
Plot No. 4,
Pune,
Maharashtra, 411014,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 504067 Equity Shares Mumbai Stock Exchange IN INR 08. Jun 2000
NSEI ZENSARTECH Equity Shares National Stock Exchange of India IN INR 08. Jun 2000
Number of employees
Current staff
Staff numbers
8,905
Zensar Technologies employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 12:33
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/04
Last earnings filing: 2019/01/21
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Related Companies

© 2019 Simply Wall Street Pty Ltd, Community Design 2845206, US Design Patent #29/544/281, European Design Registration #2845206, Standard & Poor’s Financial Services LLC. All rights reserved.

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Copyright © 2019, Standard & Poor’s Financial Services LLC. Reproduction of S&P Capital IQ in any form is prohibited except with the prior written permission of S&P. S&P does not guarantee the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions, regardless of the cause or for the results obtained from the use of such information. S&P DISCLAIMS ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE. In no event shall S&P be liable for any direct, indirect, special or consequential damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with subscriber’s or others’ use of S&P Capital IQ. (2019)