Zensar Technologies Limited

NSEI:ZENSARTECH Stock Report

Market Cap: ₹168.1b

Zensar Technologies Valuation

Is ZENSARTECH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ZENSARTECH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ZENSARTECH (₹735.8) is trading above our estimate of fair value (₹324.44)

Significantly Below Fair Value: ZENSARTECH is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ZENSARTECH?

Key metric: As ZENSARTECH is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ZENSARTECH. This is calculated by dividing ZENSARTECH's market cap by their current earnings.
What is ZENSARTECH's PE Ratio?
PE Ratio25.7x
Earnings₹6.49b
Market Cap₹168.07b

Price to Earnings Ratio vs Peers

How does ZENSARTECH's PE Ratio compare to its peers?

The above table shows the PE ratio for ZENSARTECH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average50.5x
SONATSOFTW Sonata Software
62.1x31.2%₹172.5b
500463 Black Box
62.7xn/a₹112.3b
532175 Cyient
32x17.5%₹210.3b
HAPPSTMNDS Happiest Minds Technologies
45.1x24.8%₹104.5b
ZENSARTECH Zensar Technologies
25.7x10.9%₹168.1b

Price-To-Earnings vs Peers: ZENSARTECH is good value based on its Price-To-Earnings Ratio (25.7x) compared to the peer average (50.5x).

Price to Earnings Ratio vs Industry

How does ZENSARTECH's PE Ratio compare vs other companies in the IN IT Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GTL GTL
1.2xn/aUS$23.23m
517429 Athena Global Technologies
0.7xn/aUS$16.62m
509040 Netlink Solutions (India)
3.4xn/aUS$5.54m
512341 CES
0.05xn/aUS$130.33k
No more companies available in this PE range
ZENSARTECH 25.7xIndustry Avg. 36.0xNo. of Companies16PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ZENSARTECH is good value based on its Price-To-Earnings Ratio (25.7x) compared to the Indian IT industry average (36x).

Price to Earnings Ratio vs Fair Ratio

What is ZENSARTECH's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ZENSARTECH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.7x
Fair PE Ratio34.2x

Price-To-Earnings vs Fair Ratio: ZENSARTECH is good value based on its Price-To-Earnings Ratio (25.7x) compared to the estimated Fair Price-To-Earnings Ratio (34.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ZENSARTECH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹735.80
₹797.00
+8.3%
8.3%₹900.00₹650.00n/a11
Dec ’25₹759.10
₹797.00
+5.0%
8.3%₹900.00₹650.00n/a11
Nov ’25₹697.80
₹791.18
+13.4%
8.5%₹900.00₹650.00n/a11
Oct ’25₹678.75
₹828.09
+22.0%
7.5%₹925.00₹720.00n/a11
Sep ’25₹767.90
₹823.00
+7.2%
7.1%₹890.00₹720.00n/a10
Aug ’25₹776.85
₹814.30
+4.8%
7.1%₹890.00₹720.00n/a10
Jul ’25₹754.95
₹684.11
-9.4%
10.8%₹815.00₹570.00n/a9
Jun ’25₹610.10
₹663.56
+8.8%
7.2%₹710.00₹570.00n/a9
May ’25₹613.25
₹656.00
+7.0%
6.9%₹710.00₹570.00n/a9
Apr ’25₹610.10
₹625.11
+2.5%
6.0%₹680.00₹570.00n/a9
Mar ’25₹544.35
₹623.14
+14.5%
5.4%₹680.00₹570.00n/a7
Feb ’25₹566.60
₹623.14
+10.0%
5.4%₹680.00₹570.00n/a7
Jan ’25₹607.20
₹569.57
-6.2%
7.8%₹630.00₹520.00n/a7
Dec ’24₹535.05
₹569.57
+6.5%
7.8%₹630.00₹520.00₹759.107
Nov ’24₹493.85
₹569.57
+15.3%
7.8%₹630.00₹520.00₹697.807
Oct ’24₹517.40
₹488.14
-5.7%
18.8%₹570.00₹282.00₹678.757
Sep ’24₹533.90
₹488.14
-8.6%
18.8%₹570.00₹282.00₹767.907
Aug ’24₹491.00
₹464.14
-5.5%
18.0%₹540.00₹282.00₹776.857
Jul ’24₹386.95
₹390.00
+0.8%
12.1%₹440.00₹282.00₹754.957
Jun ’24₹388.75
₹379.29
-2.4%
13.0%₹440.00₹282.00₹610.107
May ’24₹278.25
₹275.00
-1.2%
12.9%₹320.00₹225.00₹613.258
Apr ’24₹274.35
₹257.38
-6.2%
11.1%₹310.00₹225.00₹610.108
Mar ’24₹287.70
₹256.00
-11.0%
8.8%₹285.00₹225.00₹544.359
Feb ’24₹233.95
₹256.00
+9.4%
8.8%₹285.00₹225.00₹566.609
Jan ’24₹213.00
₹263.80
+23.8%
19.8%₹406.00₹215.00₹607.2010
Dec ’23₹228.40
₹259.30
+13.5%
20.3%₹406.00₹215.00₹535.0510

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 13:18
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zensar Technologies Limited is covered by 25 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mohit JainAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.
null nullAsian Markets Securities Private Limited