Zensar Technologies Ltd. — Interim / Quarterly Report 2019

Jan 21, 2019

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Registered Office : Zensar Technologies Ltd., Zensar Knowledge Park, Plot No. 4, MIDC Kharadi, Off Nagar Road, Pune 411014, India Tel +91(20) 66074000, 27004000 Fax +91 (20) 66057888 CIN: L72200PN1963PLC012621

Date: January 21, 2019

BSE Limited

Corporate Service Department, oist Floor, P. J. Towers, Dalal Street, Mumbai 400 001

The National Stock Exchange of India Ltd. Exchange Plaza, 03rd floor, Plot No. C/1, 'G' block, Sandra Kurla Complex, Sandra (E), Mumbai 400 051

Fax: (022) 2272 2039/2272 3121

Scrip ID: ZENSARTECH Scrip Code: 504067

Fax: (022) 26598237/26598238 Symbol: ZENSARTECH Series: EQ

Dear Sir(s),

Subject: Outcome of the Board Meeting held on January 21, 2019

This is to inform you that the Board of Directors of the Company at its meeting held today, which commenced at 1:00 PM and concluded at 06.15 PM, inter-alia, unanimously approved the following:

Interim Dividend

1. Declaration of an interim dividend of Re. 1.00/- per share;

2. Fixation of record date for the aforesaid interim dividend and related matters, as February 01, 2019.

The interim dividend on equity shares as declared, shall be paid on or a�er February 14, 2019.

Financial Results:

Unaudited financial results of the Company (Standalone as well as Consolidated) for the quarter and nine months ended December 31, 2018 along with Limited Review Report thereon. Copy of the same is enclosed herewith as Annexure A.

Change in the Board of Directors

Appointment of Mr. Anant Vardhan Goenka (DIN: 02089850) as an Additional Director, to be designated as Non-Executive Non-Independent Director on the Board of the Company, effective from January 21, 2019 to hold office as such until the conclusion of next Annual General Meeting of the Company or the last date on which the Annual General Meeting should have been held, whichever is earlier.

Brief profile of Mr. Anant Vardhan Goenka is enclosed herewith as Annexure B.

Mr. Anant Vardhan Goenka is son of Mr. Harsh Vardhan Goenka, (Chairman, Non-Executive Director of the Company). He is not related to any other Director(s) presently on the Board.

Postal Ballot Notice for seeking Shareholders approval through special resolution with respect to the following:

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Change of RTA

Appointment of Karvy Fintech Private Limited (Karvy) having registered office at Karvy Selenium, Tower B, Plot No- 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Rangareddi TG 500032 IN as the Registrar and Transfer Agent (RTA) of the Company in the place of existing RTA, Bigshare Services Private Limited (Bigshare) having registered office at E-3 Ansa Industrial Estate Saki Vihar Road, Sakinaka, Mumbai, MH 400072 IN.

The transition from Bigshare to Karvy to take effect not later than March 31, 2019 or any other date as may be fixed by Stakeholders Relationship Committee.

The reason of appointment of Karvy is to avail its better infrastructure facilities and wider reach with an aim to move towards higher digitisation of records and effective resolution of shareholders' grievances.

This is for your information and dissemination purpose.

Thanking you, Yours faithfully,

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1. Encl. as above

2. Press release

3. Analyst presentation

Annexure A

Chartered Accountants 706, 'B' Wing, 7'" Floor ICC Trade Tower Senapati Bapat Road Pune-411 016 Maharashtra, India

Deloitte Haskins & Sells LLP

Tel: +91 20 6624 4600 Fax: +91 20 6624 4605

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF ZENSAR TECHNOLOGIES LIMITED

1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of ZENSAR TECHNOLOGIES LIMITED ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group") for the quarter and nine months ended December 31, 2018 ("the Statement"), being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016.

This Statement which is the responsibility of the Parent's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Statement based on our review.

1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of Parent's personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and, accordingly, we do not express an audit opinion.

2. Based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying Statement [which includes the results of the entities listed in Note 4 of the Statement] prepared in accordance with the aforesaid Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016, including the manner in which it is to be disclosed, or that it contains any material misstatement.

Place: Mumbai Date: January 21, 2019

For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm's Registration No. 117366W/W-1000 8)

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Regd. Office: lndiabulls Finance Centre, Tower 3, 27'" - 32"' Floor, Senapati Bapat Marg. Elphinstone Road (West), Mumbai - 400 013, Maharashtra, India. (LLP Identification No. AAB-8737)

Zensar Technologies Limited Registered Office : Zensar Knowledge Park, Kharadi, Plot # 4 , MIDC, Of'f Nagar Road, Pune • 411014, India Unaudited Statement of Consolidated Results for the Quarter and Nine months ended 31st December, 2018

1 2 3 4 5 6 7 8 9 10 11 12 13 14 1 2	(R. In Lkhs: Ouarr ende Nine monts ende Yer Ende Parulr 31-D2018 30-Sp2018 31-D2017 31-D2018 31-D-2017 31•Ha�2018 Un■udt Unaudh: Un■udt Unaudi Unaudi Audi Revenue fom opratiOns 1,03,555 96,871 79,376 2,90,892 2,29,301 3,10.n4 Ot_Income (net) 251 4,129 647 6,768 4,767 7,439 Total Income 1,03,806 1,01,000 80,023 2,97,660 2,34,068 3,18,213 Expnses a. Purchase of trade gos 4,343 1,362 4,545 8,208 11,136 13.376 b. Change in Invent 1,577 2,152 1,221 4,938 3,956 5,433 c. Employe bneftep 56,611 53,147 42,184 1,58,349 1,26,787 1,70,535 d. Subontracmg costs 17,476 16,034 9,300 47,135 27,813 40,040 e. Anance cost 1,089 952 607 2,627 1,762 2,267 f. Depetion and amortistion eps 2,371 2,242 1,590 6,432 5,092 6,508 g. Oter ep 12,508 11,889 11,59 37,302 32,765 44,897 Totlexpns 95,975 87,778 71,037 2,64,991 2,09,311 2,83,056 Proft bfore tx (3·4) 7,831 13,222 8,986 32,669 24,757 35,157 Tax expns a.current tx 2,536 4,096 2,974 10,308 7,388 11,142 b.Deferre tax (356) (3n) (5) (1,185) 124 (634) Net Proft for te prio (5·6) 5,651 9,503 6,017 23,546 17,245 24,649 Net Prft/(Loss) atributable to: • Owners 5,528 9,340 5,907 23,085 16,888 24,153 • No-contolling interests 123 163 110 461 357 496 Other cmprehensive incme, net of Incme tx _A. Ite 1t wl not b rSf to pft o l (353) 397 723 44 553 685 B. Items 1t wl b rsf to p l (318) 232 (694) (237) (424) 1,194 Totl oter cmprehensive incme, net of Ince tx (671) 629 29 (193) 129 1,879 Totl cmprhensive inme fr te pr (7+9) 4,980 10,132 6,046 23,353 17,374 26,528 Totl cmphensive incme atibutble t: • O 4,891 9,962 5,936 23,054 17,017 25,9 • No-cotollin inte 89 170 110 299 357 624 Paid-up euity shar cpitl (Face valuR.2 ech) (refer note 10blo) 4,502 4,501 4,498 4,502 4,498 4,499 Other euity ecluding Revaluaton Re as pr balanc shet 1,62,391 Earings Per Shar (EPS) (Fac value Rs. 2 ech) (not annualise) (refer note 10 b): a)Bsic 2.46 4.15 2.63 10.26 7.52 10.75 b) Ollute 2.41 4.08 2.60 10.09 7.44 10.64 Conslidat Smet wis Reveue & Reult fo te quarr and nine monts end 31s Dmbr, 2018 (R. In Lkhsl <uarre Nine m• enc Yer Ende Parular 31-D-2018 30-s2018 31-D2017 31-D-2018 31-D-2017 31-Mar2018 Unau Un■ub Unaudi Unldb Unaut-- 5met Revenue Appliction MantS 86,091 82,165 65,n9 2,45,168 1,89,099 2,59,118 Infras e MantS 17,464 14,706 13,597 45,724 40,202 51,656 Revenu Fr •�lns 1,03 555 96 871 79,376 2 90,892 2.29,301 3,10 774 5mt Reult Prft / (Loss) b tx an fnan cst Applict MangS 10,891 11,553 11,495 34,192 28,793 38,638 Infs Mangt S 1,214 1,525 (50) 3,452 (527) (599) Tot ,mnt Reul 12,105 13,078 10,991 37,6 28,266 38,039 L : Anno co 1,089 952 607 2,627 1,762 2,267 L : Unlloabeinet of unlloable Income 3,185 (1,096) 1,398 2,348 1,747 615 I1ot1 trft n Tax ,,. ,. .,, 1,v•f -�-v 2A,1�1 ""-H7		(R. In Lkhs: Ouarr ende Nine monts ende Yer Ende 31-D2018 30-Sp2018 31-D2017 31-D2018 31-D-2017 31•Ha�2018 Un■udt Unaudh: Un■udt Unaudi Unaudi Audi 1,03,555 96,871 79,376 2,90,892 2,29,301 3,10.n4 251 4,129 647 6,768 4,767 7,439
		Parulr

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		Sttment of Sment Asst & Liabilites	31-D-2018 **Unaudi **	30-Sp2018 Unaudi	31-D-2017 Unaudi	31·M•r·2011 Audi
	1	Sment Asst Trde Reivble ApplictMangement Sric Infstctur Management S	66,375 16,306	58,812 13,946	48,383 11,735	53,256 10,970
		Totl Trde Reivables	82,681	72,758	60,118	64,226
		Inventre Appliction Management Sies Infase Management S s Total Inventorie	10,680 10,680	11,091 11,091	10,909 10,909	. 10,600 10,600
		Unbille Revenue Applictio Management Sies Infs re Managemet Sice	33,854 4,716	38,151 6,233	25,064 4,766	26,122 4,346
		Total Unbilled Revenue	38,570	44,384	29,830	30,468
		Gowill Appication Management S Infse Management S Totl Gowill	41,873 18,747 60,620	43,278 19,477 62,755	24,765 17,064 41,829	24,716 17,518 42,234
		Unalloble Asst	1,11,137	1,06,738	94,132	82,114
		TOTAL ASSE	3,03,688	2,97,726	2,36,818	2,29,642
	2	Sment Liabilities Unemed Revenue Aication Management S Infase Mannt Sic Totl Unere Reenue	5,094 2,602 7,696	5,555 2,911 8,466	5,340 2,592 7,932	6,001 3,277 9,278
		Unalloable Liabilitie	1,08,510	1,05,706	66,951	52,109
		TotlLbilites	1,16 206	1,14,172	74,883	61,387

Notes:

1 The above financial results were reviewed and recommended by the Audit Committee and taken on record by the Board of Directors at their meeting held on January 21, 2019.

• 2 The Company entered Into a Share Purchase Agreement dated March 21, 2018 to acquire 100% equity in Cynosure Interface SoluUons Private Limited, an Indian IT company for a purchase consideration not exceeding Rs. 1300 lakhs, subject to certain conditions, payable upfront.

• The Company, through its subsidiary, Zensar Technologies Inc. entered Into Share Purchase Agreement dated March 21, 2018 to acquire 100% equity of Cynosure Inc., a USA based IT company for purchase consideration of Rs. 20150 lakhs (USO 31 million) payable upfront and balance amount of Rs. 18200 lakhs (USO 28 million) being earn-outs, subject to performance targets <Net 24 months. The above menUoned aaJUlsltions has been consummated In April 2018.

• The results for the quarter and nine months ended December 31, 2018 Include the results of Cynosure Group (Revenue from ope,atiOns of Rs. 4462 lakhs and Rs. 12215 lakhs respectively & Profit before tax of Rs. 1190 lakhs and Rs. 2921 lakhs resp ly) and are therefore not comparable with results of previous periods.

• 3 The Company, through its subsidiary, ZensarTechnologies Inc. entered Into a Share Purchase Agreement dated July 27, 2018 to acquire 100% equity In Indigo Slate, Inc ('Indigo Slate"), a USA based IT company for purchase consideration of Rs. 12348 lakhs (USO 18 million) payable upfront and deferred consideration of an amount upto Rs. 18522 lakhs (USO 27 million), subject to performance targets over 36 months. The above mentioned acquisition has been consummated In August 2018.

• The results for the quarter and nine months ended December 31, 2018 indude the results of Indigo Slate (Revenue from operaUons of Rs. 4581 lakhs and Rs. 7392 lakhs respectively & Profit before tax of Rs. 830 lakhs and Rs. 1470 lakhs resp ly) and are therefore not comparable with results of previous periods.

• 4 The consolidated financial results lndude the results of Zensar Technologies Limited and its subsidiaries vlz., Zensar Technologies Inc., Zensar Technologies (UK) Limited, PSI Holding Group Inc., Zensar Technologies IM Inc., Zensar Technologies IM B.V., Zensar (Africa) HOidings Pty Limited, Zensar (South Africa) Pty Limited, Profe ional Acce Limited, Zensar Technologies (Singapore) Pte. Limited, Foolproof Limited, Knit Limited, Foolproof (SG) Pie Limited, Zensar Technologies (Shanghai) Company Limited, Keystone Logic Inc, Zensar Information Technologies Limited, Zensar Software Technologies Limited, Zensar Info Technologies (Singapore) Pie Limited, Zensar IT Services Limited, Cynosure Inc, Cynosure Interface Setv1ces Private Limited, Cynosure Apac l'TY LTD, Cynosure Inc UK Ltd, Keystone Logic Mexico, S. DE R.L. DE C.V, Keystone Technologies Mexico, s. DE R.L DE c.v and Indigo Slate Inc.

• 5 Other Income (Net) for the quarter and nine months ended D mber 31, 2018 Includes foreign exchange gain/(loss) of Rs. (1688) lakhs and Rs. 3093 lakhs respectively. (Corresponding previous period: net gain of Rs. 32 lakhs and Rs. 2752 lakhs). Other Income (net) for the quarter ended September 30, 2018 Includes net foreign exchange gain of Rs. 3533 lakhs.

• 6 During the nine months ended D mber 31, 2018, the Company Issued 24,500 equity shares pursuant to the exercise of stock options by certain employees under the "2002 ESOP" and 143,480 equity shares under "2006 ESOP" stock option plan.

• 7 Results of Zensar Technologies Limited on a stand alone basis are hosted on the Company's website www.zensar.com.

Stand·Alone Fillllnc:ial Information

Stnd·Alone Filnal Inforaton
	(R. In Lkh•J
Parulr Reenue fom oprats Proft bfor tx Net rvoft for th or	Quarr e Nine mos ende Yer Ende
	31·0-2018 30-S-2018 31·0-2017 31-l)e-2018 31-D-2017 31•Mar2011
	Unaudi Unaudl Unaudt Unaudi Unaudi 32,539 34,918 31,846 1,01,739 94,463 4,565 10,779 5,191 23,288 17,91 3 337 8 260 3 830 17 509 13 488 Aldl 1,28,581 25,678 19 258

• 8 The board of directors in their meeting on January 21, 2019 dedared an Interim dividend of Rs. 1 Per equity share.

• 9 During the quarter ended December 31, 2018, Company reversed contingent consideration payable on busine combinations oonsummated in prev!Ous year amounUng to GBP

• 1.7 million [RS. 1564 lakhs] based on company's asse ment. being no longer payable.This reversal is accounted under other Income.

• 10 Shareholder on August 8, 2018 app«Ned the share split [In the ratio of 5 equity shares having face value of Rs. 2 each against l equity share having face value of Rs. 10 each held] and the Board of Directors fixed the record date as September 10, 2018

• Basic and Diluted earnings per share for the previous periods has been presented to reflect the adjustment for share split in accorclanc:e with IND AS 33 Earnings Per Share.

• 11 Eff April 1, 2018, the Company adopted Ind AS 115 "Revenue from Contracts with Customers· using the cumulative catch-up transition method which Is applied to contracts that were not completed as of April 1, 2018. Accordingly, the comparatives have not been retrospectively adjusted. The effect on adoption of Ind AS 115 was Insignificant on the financial results.

For and on behalf of the Board lfl behalf of the Board

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Sandeep Klshore ---­ Managing Director & CEO DIN:07393680

Mumbai

Date: January 21, 2019

Chartered Accountants 706, 'B' Wing, 7'" Floor ICC Trade Tower Senapati Bapat Road Pune-411 016 Maharashtra, India

Tel: +91 20 6624 4600 Fax: +91 20 6624 4605

Deloitte Haskins & Sells LLP

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RES UL TS

TO THE BOARD OF DIRECTORS OF ZENSAR TECHNOLOGIES LIMITED

1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of ZENSAR TECHNOLOGIES LIMITED ("the Company"), for the quarter and nine months ended December 31, 2018 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016.

This Statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Statement based on our review.

1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and, accordingly, we do not express an audit opinion.

2. Based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the aforesaid Indian Accounting Standards and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For DELOITTE HASKINS & SELLS LLP Chartered Accountants (Firm's Registration No. 117366W/W-100018)

Place: Mumbai Date: January 21, 2019

H M. Joshi Partner (Mem 1t•i No. 38019) t

Regd. Office: lndiabulls Finance Centre, Tower 3, 27" - 32["' ] Floor, Senapati Ba pat Marg, Elphinstone Road (West), Mumbai - 400 013, Maharashtra, India. (LLP Identification No. AAB-8737)

	Zensr Tenololes Limit Reisr Oc : Znsr Knowege Par Khrdi, Plo# 4, MID, O Hgar Rod, Pune - 411014, Unaudit S mn of Sndalone Resul fr te Quarr and Nine mnts en 31s Dmbr,	Zensr Tenololes Limit Reisr Oc : Znsr Knowege Par Khrdi, Plo# 4, MID, O Hgar Rod, Pune - 411014, Unaudit S mn of Sndalone Resul fr te Quarr and Nine mnts en 31s Dmbr,	Zensr Tenololes Limit Reisr Oc : Znsr Knowege Par Khrdi, Plo# 4, MID, O Hgar Rod, Pune - 411014, Unaudit S mn of Sndalone Resul fr te Quarr and Nine mnts en 31s Dmbr,	Zensr Tenololes Limit Reisr Oc : Znsr Knowege Par Khrdi, Plo# 4, MID, O Hgar Rod, Pune - 411014, Unaudit S mn of Sndalone Resul fr te Quarr and Nine mnts en 31s Dmbr,	Zensr Tenololes Limit Reisr Oc : Znsr Knowege Par Khrdi, Plo# 4, MID, O Hgar Rod, Pune - 411014, Unaudit S mn of Sndalone Resul fr te Quarr and Nine mnts en 31s Dmbr,	India 2018		(R. 1 Lk'
	Pr r	31-l>e-2018 Un1ui	"•r e 30-S2018 Unul	31-D-2017 Unui	Nine Mo ee 31-D-2018 .1-l>e-2017 Un1ui Unul			YrEe 31-�r-2018 Aui
1 2 3	Revenu fom opertons Othr Inco (net) Totl Incme	32,539 (287' 32,252	3,918 3 350 31,268	31,846 59 32,0	1,01,739 4 763 1,06,502		94,43 4 085 91,5	1,28,581 6 275 1,34,56
4	Enss a. Purdas of traded gs b. Employee bn expns c. Subntng cost d. Anance cost e. Dpredatn and amorstion expnse f. Oter expenss Totl exnss	391 19,645 950 220 1,02 5,419 27,67	261 19,40 9 211 1,085 5,564 27,419	1,08 18,501 578 321 1,20 5,533 27,249	1,09 58,9n 2,641 70 3,182 16,659 13,214		2,05 55,953 1,573 922 3,656 16,418 10,517	2,574 74,925 2,708 1,214 4,610 23,147 1,09,171
5	Pt bor tx (3-4)	4,565	10,n9	5,191	2,28		17,961	25,671
6	Tx exns a. Crentt b,D red t	1,283 (55)	2,735 (216)	1,55 (193)	6,23 (455)		4,676 (203)	7,374 (954)
7	Nt P f te pr (5-6)	3,337	1,26	3,130	17,59		U,4	19,25
a	O Cpsv ln, n o ln tx A. ltm tt wH nt b r I p o l 8. It tt wil b r I p o l Tol or a ln, n o In tx	(353) 93 5n	397 (63) (266)	n4 (1) 7	4 2 3		553 (83) (2)	423 (1,03) (613)
9	Tol~~Cps~~ln f t p (7+8)	3,914	7,994	4,553	**17, 7 **		U,2	11,65
10	Paiup eui shar cpil (Fac vlu R. 2 eac) (rr n 8 blow)	4,502	4,501	-,49	4,502		4,49	4,49
11	o eui eduln lu R as p bln s							1,2,72
12	Ear s Pr Sar (E) (F vlu R. 2 e) (n annualls) (r n • b):
	a) Bc b) Oiu	1.48 1.46	3.67 3.61	1.70 1.69	7.78 7.65		6.01 5.9	8.57 8.48

Notes:

• 1 The above financial results were reviewed and recommended by the Audit Committee and taken on record by the Board of Directors at their meeting held on January 21, 2019.

• 2 The Company entered into a Share Purchase Agr[e] ement dated March 21, 2018 to acquire 100% equity in cynosure Interface Solutions Private Limited, an Indian IT company for a purchase conslderation not exceeding Rs. 1300 lakhs, subject to certain conditions, payable upfront The Company, through its subsidiary, Zensar Technologies Inc. entered into Share Purchase Agreement dated March 21, 2018 to acquire 100% equity of cynosure Inc., a USA based IT company for purchase consideration of Rs. 20150 lakhs (USO 31 milliOn) payable upfront and balance amount of Rs. 18200 lakhs (USO 28 million) being earn-outs, subject to performance targets over 24 months. The above mentioned acquisitions has b n consummated In April 2018.

• 3 The Company, through its subsidiary, Zensar Technologies Inc. entered Into a Share Purchase Agreement dated July 27, 2018 to acquire 100% equity in Indigo Slate, Inc rtndlgo Slate"), a USA based IT company for purchase consideration of Rs. 12348 lakhs (USO 18 million) payable upfront and deferred consideration of an amount upto Rs. 18522 lakhs (USO 27 million), subject to performance targets over 36 months. The above mentioned acquisition has b n consummated In August 2018.

• 4 Where financial results are declared for both consolidated and standalone entity, segment information may be presented only in the case of consolidated financial results. Accordingly, segment Information has b n provided only in the consolidated financial results.

• s Other Income (Net) for the quarter and nine months ended December 31, 2018 includes foreign exchange galn/(loss) of Rs. (991) lakhs and Rs. 1716 lakhs respectively. (Corresponding prevlollS period: net galn/(loss) of Rs. (141) lakhs and Rs. 654 lakhs). Ottier Income (net) for the quarter ended September 30, 2018 Includes net foreign exchange gain of Rs. 2060 lakhs.

• 6 During the nine months ended December 31, 2018, the Company Issued 24,500 equity shares pursuant to the exercise of stock options by certain employees under the "2002 ESOP" and 143,480 equity shares under "2006 ESOP" stock option plan.

• 7 The board of directors in their meeting on January 21, 2019 declared an Interim dividend of Rs. 1 Per equity share.

• I Shareholder on August Rs. 10 each held] and the Board of Directors fixed the record date as September 8, 2018 approved the share split [In the ratio of 5 equity shares having face value of Rs. 10, 2018 . 2 each against 1 equity share having face value of Basic and Diluted earnings per share for the previous periods has been presented to reflect the adjustment for share spl� In accordance with IND AS 33 Earnings Per Share.

• 9 Effective AprH 1, 2018, the Company adopted Ind AS 115 �Revenue from Contracts with Customers" using the cumulatlve catch-up transition method which is applied to contracts that were not completed as � April 1, 2018. Accordingly, the comparatives have not b n retrospectively adjusted. The effect on adoption of Ind AS 115 was insignificant on the fi al results.

Date: January 21, 2019

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For and on behalf of the Board
Sandeep Klshore
Managlng Director a CEO
OIN:07393680
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Mumbai

Annexure B

PROFILE - MR. ANANT GOENKA

Anant Goenka, 37, is the Managing Director of CEAT and a Member of the Management Board at RPG Enterprises. He is also the Chairman of Automotive Tyre Manufacturers’ Association (ATMA).

Anant has over 15 years of experience during which he has worked in CEAT, KEC International and Hindustan Unilever.

He started his career with Hindustan Unilever in 2003 after which he joined CEAT as Regional Manager - Sales. He went on to lead the Off Highway Tyres Business in 2005. He then joined KEC International Limited (KEC) as Vice President (Corporate) in 2007 and was in charge of the Telecom business, Business development in North America and Integrated Planning and Monitoring of Transmission and Distribution Business. In recognition of his contribution in the said business vertical, KEC elevated him to the position of Executive Director – Supply Chain responsible for manufacturing, procurement, planning, logistics and quality functions. In 2010 he moved back to CEAT as Deputy Managing Director and then as Managing Director in April, 2012.

Anant has been recognised by Forbes as the “Next Generation Business Leader of the Year” in 2017 and as “India’s 40 under 40 Business Leaders” by Economic Times-Spencer Stuart. He also led CEAT to win the Deming Prize in 2017, one of the most prestigious global quality awards in the world.

Anant is an MBA from the Kellogg School of Management and a BS (Economics) from the Wharton School, University of Pennsylvania.

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Zensar reports 17.1% YoY increase in Revenue during Q3 FY19 Digital at 44.9% of overall revenues

Pune, India, January 21, 2019: Zensar Technologies, a leading digital solutions and technology services company that specialises in partnering with global organisations on their Digital transformation journey, announced its audited consolidated financial results for its third Quarter ending December 31, 2018 of the fiscal year 2018-2019.

Financial Highlights: The Company reported QoQ revenue growth of 4.0% and YoY growth of 17.1% in USD terms. In constant currency the QoQ growth was at 4.5% and YoY growth at 17.6%. Digital services continue to grow and have moved up 5.8% sequentially and 35.9% on yearly basis. Digital now contributes 44.9% of Q3FY19 revenue.

Several of the large wins over the last quarters are currently in transition, impacting the EBITDA in the current quarter. Q3 EBIDTA was at 10.9%, a decline of 5.6% on YoY basis.

Sandeep Kishore, Chief Executive Officer and Managing Director, Zensar Technologies said, “Digital, which has been the foundation of our strategy, continues to drive growth with a sequential increase for the 10th consecutive quarter. Our recent launch of RoD NeXT (New and Exponential Technologies) is gaining traction amongst our customers, setting the path for future growth. Our focus on automation and our digital platforms has enabled us to win some significant large deals, driving business growth in Q3FY19, with the total TCV booking crossing the $200M mark for the first time.”

Navneet Khandelwal, Chief Financial Officer, Zensar Technologies said, “Our revenue momentum continued very well in Q3 with 4.5% sequential growth in constant currency. EBITDA Margins were impacted due to transition costs on the large deals that we have won over the last 2 qtrs. Our rigour in operations ensured strong cash generation during the quarter.”

Business Updates: The company had total bookings of $500m+, YTDFY19, including more than $200m in Q3FY19. Significant among these were -

• Infrastructure management including managed security mandate for a global aerospace major

• Warehouse management for a leading US based department store chain

• Application Management services project for a large US based High-tech corporation

• Performance engineering mandate for a global ecommerce product company

• Digital commerce implementation for a US based women’s clothing brand

• Infrastructure and Network services mandate for EBRD (European Bank for Reconstruction and Development)

• Application Development and Integration; Building and Implementing Responsive UI for a leading UK based motoring group

• Automation work for a leading South African financial services corporation

Business Excellence:

• Zensar mentioned in Gartner for Tech CEO’s research - ‘Revitalize Application Management Services With Kanban’

• Zensar named as an Aspirant in the Everest Blockchain Services PEAK Matrix™ Assessment

• Zensar named as an Aspirant in Everest Group IoT PEAK Matrix™ Assessment

• Zensar has been featured as a major contender in the Digital Services – PEAK Matrix Assessment and Market Trends 2019: Design and Innovation to Power the Next Wave of Digital

• Zensar mentioned as a disruptor in the Intelligent Automation Services RadarView TM

• Zensar mentioned as a challenger in the Blockchain Services Radar View TM

• Zensar mentioned in the Global Software Testing Services Market Overview 2018

• Zensar recognized as an Innovator in Avasant’s Hybrid Enterprise Cloud Services RadarView™ Report

• Zensar featured in Novarica’s Market Navigator Report: Business Intelligence Solutions for Insurers 2018

• Zensar positioned as a Major contender in Property & Casualty (P&C) Insurance Digital Services PEAK Matrix™ 2019-Reimaginging Products and Stakeholders Experience

Awards & Recognitions:

• Zensar wins People Matters L & D Award for ‘Best in Future Tech Skill Building’

• Zensar featured in the 100 Best Company for Women in 2018 BCWI Study

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No te : All numbers are as per the Ind-AS reporting standard

Q3 FY 19 Revenue and profitability snapshot (US$)

Particulars	Q3 FY19	Q3 FY19	Growth	Growth	Growth	Growth	Growth	Growth
	USD Mn	INR Cr	Q-o-Q			Y-o-Y
			USD	INR	CC	USD	INR	CC
Revenue	$ 143.7	₹ 1035.5	4.0%	6.9%	4.5%	17.1%	30.5%	17.6%
EBITDA	$ 15.6	₹ 112.5	(12.5%)	(10.1%)		(5.6%)	5.2%
EBIT	$ 12.3	₹ 88.7	(15.8%)	(13.5%)		(12.4%)	(2.4%)
PAT	$ 7.7	₹ 55.3	(42.4%)	(40.8%)		(15.9%)	(6.4%)

Q3 FY 19 Revenue Growth in Constant Currency

Particulars	Segments	Q3 FY19
		QoQ
Consolidated	For the Company	4.5%
Geography	US	6.6%
	Europe	5.7%
	Africa	(3.6%)
	RoW	(-39.6%)
Services	Digital and Application Services, DAS	2.1%
	Digital Services	5.9%
	Core Application Services	(1.0%)
	Cloud and Infrastructure Services, CIS	17.4%
	Cloud, Digital Led next gen CIS	10.1%
	Core Infrastructure Services	55.6%
	Third Party Maintenance	(11.5%)
	Total Digital Services	6.3%
Industry	Hitech and Manufacturing	1.1%
	Hitech	3.8%
	Mfg.	(5.7%)
	Retail and Consumer Services	1.1%
	Financial Services	9.6%
	Insurance	6.5%
	Banking	22.3%
	Emerging	48.8%

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About Zensar (www.zensar.com)

Zensar is a leading digital solutions and technology services company that specialises in partnering with global organisations across industries on their Digital Transformation journey. A technology partner of choice, backed by strong track-record of innovation; credible investment in Digital solutions; assertion of commitment to client’s success, Zensar’s comprehensive range of digital and technology services and solutions enable its customers to achieve new thresholds of business performance. Zensar, with its experience in delivering excellence and superior client satisfaction through myriad technology solutions, is uniquely positioned to help them surpass challenges around running their existing business most efficiently, helping in their legacy transformation, and planning for business expansion and growth through innovative and digital ways.

Follow Zensar via:

Zensar Blog: http://www.zensar.com/blogs Twitter: https://twitter.com/Zensar LinkedIn: https://www.linkedin.com/company/zensar-technologies Facebook: https://www.facebook.com/Zensar Catch our refreshed new website at: www.zensar.com

About RPG Enterprises (www.rpggroup.com)

RPG Enterprises, established in 1979, is one of India's fastest growing business groups with a turnover of Rs 23000 Cr. The group has diverse business interests in the areas of Infrastructure, Tyres, Pharma, IT and Specialty as well as in emerging innovation led technology businesses.

For any queries please feel reach out:

PR Contacts (Global Headquarters - India): Aradhana Prabhu Public Relations Zensar Technologies +91 9765999749 aradhana.prabhu@zensar.com

Safe Harbor

Certain statements in this release concerning our future growth prospects are forward-looking statements which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forwardlooking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorised use of our intellectual property and general economic conditions affecting our industry. The Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.

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www.zensar.com | © Zensar Technologies 2018

Safe Harbour

This presentation may include statements which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position, expenditures, and financial results, are forward looking statements. Forward looking statements are based on certain assumptions and expectations of future events. The Company cannot guarantee that these assumptions and expectations are accurate or will be realized. The actual results, performance or achievements, could thus differ materially from those projected in any such forward-looking statements.

The information contained in these materials has not been independently verified. None of the Company, its Directors, Promoter or affiliates, nor any of its or their respective employees, advisers or representatives or any other person accepts any responsibility or liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directly or indirectly, from any use of this document or its contents or otherwise in connection with this document, and makes no representation or warranty, express or implied, for the contents of this document including its accuracy, fairness, completeness or verification or for any other statement made or purported to be made by any of them, or on behalf of them, and nothing in this document or at this presentation shall be relied upon as a promise or representation in this respect, whether as to the past or the future. The information and opinions contained in this presentation are current, and if not stated otherwise, as of the date of this presentation. The Company undertake no obligation to update or revise any information or the opinions expressed in this presentation as a result of new information, future events or otherwise. Any opinions or information expressed in this presentation are subject to change without notice.

This presentation does not constitute or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of Zensar Technologies Limited (the “Company”), nor shall it or any part of it or the fact of its distribution form the basis of, or be relied on in connection with, any contract or commitment therefore. Any person/ party intending to provide finance / invest in the shares/businesses of the Company shall do so after seeking their own professional advice and after carrying out their own due diligence procedure to ensure that they are making an informed decision. This presentation is strictly confidential and may not be copied or disseminated, in whole or in part, and in any manner or for any purpose. No person is authorized to give any information or to make any representation not contained in or inconsistent with this presentation and if given or made, such information or representation must not be relied upon as having been authorized by any person. Failure to comply with this restriction may constitute a violation of the applicable securities laws. The distribution of this document in certain jurisdictions may be restricted by law and persons into whose possession this presentation comes should inform themselves about and observe any such restrictions. By participating in this presentation or by accepting any copy of the slides presented, you agree to be bound by the foregoing limitations.

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Company Overview

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• Part of $3 B RPG Group

• Portfolio Company of the $40 B APAX Group

Zensar Technologies is a $543+ Mn organisation (LTM) – 17.1% YoY Growth

• Among 5 global tech companies to be listed on a major global stock exchange (BSE) for 55+ years

• One of the fastest growing digital revenues in the sector – (35.9% YoY Growth)

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Zensar Business U date p

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Q3 FY19 : Key Achievements

Continued New Win Momentum

Selected by EBRD (European Bank for Reconstruction and Development) as their partner for Infrastructure and Network services Multiple Deal Wins at our largest client cumulative of $50+M Large NN deal win at a key Retail player (amongst other retail wins)

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Digital Updates

Strengthening of brand ‘Zensar’

Continued Mega-growth in Zensar wins People Matters L digital revenues – 44.9% & D Award for ‘Best in Future Tech Skill Building’ ( Second highest in the industry ) Zensar ‘Innovator’ in Avasant Radarview Hybrid Enterprise Successfully filed 26 patents Cloud report in the quarter taking the cumulative tally of patents CIO review mentions Zensar filed to 51 with 59 unique among the 20 most promising innovators spread across Oracle Solution Providers Zensar’s operative regions

Continued highest Quarterly Revenue, Headcount and 5+M pa clients

$143.7M , highest ever revenue, Q3 FY19

Headcount- 9813 (net addition of 331 QoQ, 1216 YoY)

20 accounts of $5m+ Annual revenues (YoY increase of 5)

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Key Financial Updates – Q3 FY19 ( in USD terms )

5[th ] Qtr. Of QoQ Revenue Growth

5th Qtr of CC Revenue Growth

5[th] Qtr. Of US Revenue Growth

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148.0
143.7
141.0 138.1
135.0
134.0
126.6
127.0
122.6
120.0
Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19
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148.0 112.0 109.2
144.3
140.6 108.0
141.0
136.1 102.6
104.0
100.0
134.0
100.0
127.0 124.0 96.0
122.9
91.4
92.0 89.9
120.0
Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19 88.0
Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19
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5[th] Qtr. of Europe Revenue Growth 5[th] Qtr. Of Top-20 Clients Revenue Growth

5[th] Qtr. Of Hi-Tech Revenue Growth

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22.0 56.0
90 54.1
20.6 86.5 52.1
21.0
86 52.0
19.7
20.0 48.7
82 79.6
19.0 18.5 77.1 48.0 46.6
18.0 78 75.1
18.0
74 44.0
41.5
16.6 68.7
17.0 70
40.0
16.0 66
Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19
Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19 Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19
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Core & Digital Business Update

Total Revenue @ 4% CQGR, @17.1% YoY

Core Revenue @ 4.9% CQGR, @ 21.2% YoY ; Digital Revenue @ 35.9 % YoY

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$143.7M
$138.1M
$135.0M 8.4
$126.6M 10.5
$122.6M 10.4
10.2
11.0
135.3
124.6 127.6
116.4
111.6
Q3 FY 18 Q4 FY 18 Q1 FY 19 Q2 FY 19 Q3 FY 19
Core @ 4.9% ^ Non-Core @ -6.7% ^
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$135.3M
$127.6M
$124.6M
$116.4M
$111.6M
70.8
66.6
66.6
65.0
64.1
58.0 61.0 64.5
51.4
47.5
Q3 FY 18 Q4 FY 18 Q1 FY 19 Q2 FY 19 Q3 FY 19
Digital @ 8.0% ^ Traditional @ 2.5% ^
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Q3 FY19 : Executive Summary

❑ Revenue Growth

• 4.0% QoQ & 17.1% YoY in USD terms while the growth is 4.5% QoQ & 17.6% YoY in CC terms

• Core Revenue stood at $135.3M – a growth of 6.0% QoQ and 21.2% YoY.

• Non core revenue declined by 20.4% QoQ and 24.2% YoY

❑ EBITDA

• 10.9% of Revenue, 5.6% decline YoY

• GM and EBITDA were adversely affected by Furloughs, decline in non-core Business, utilization & transition impact.

• Core business EBIDTA is $17.2M (12.7% of core revenue)

❑ PAT

• Stands at 5.3% of Revenue

• PAT was negatively impacted on two main counts, forex losses and lower operating margins as several of the deals won are currently in transition.

• ❑ Digital now at 44.9% of total revenue, with 5 quarter CQGR of 8.0%

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143.7
138.1
135.0
126.6
122.6
Q3-18 Q4-18 Q1-19 Q2-19 Q3-19
5 Quarter Revenue performance (In $M)
135.3
127.6
124.6
116.4
111.6
Q3-18 Q4-18 Q1-19 Q2-19 Q3-19
5 Quarter Core Revenue performance (In $M)
64.5
61.0
58.0
51.4
47.5
Q3-18 Q4-18 Q1-19 Q2-19 Q3-19
5 Quarter Digital Revenue performance (In $M)
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Q3 FY19 Financials

Particulars	Q3 FY19	Q3 FY19	Growth	Growth	Growth	Growth	Growth	Growth
	USD Mn	INR Cr	Q-o-Q			Y-o-Y
			USD	INR	CC	USD	INR	CC
Revenue	$ 143.7	₹ 1035.5	4.0%	6.9%	4.5%	17.1%	30.5%	17.6%
EBITDA	$ 15.6	₹ 112.5	(12.5%)	(10.1%)		(5.6%)	5.2%
EBIT	$ 12.3	₹ 88.7	(15.8%)	(13.5%)		(12.4%)	(2.4%)
PAT	$ 7.7	₹ 55.3	(-42.4%)	(40.8%)		(15.9%)	(6.4%)
	INR/Share		Q-o-Q			Y-o-Y
EPS (Diluted)	2.4		(40.8%)			(7.2%)

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Q3 FY19 : Key Business Highlights

❑ Pipeline quality and Large Deals

• Pipeline continues to remain healthy and improve QoQ, as we crossed the $1Bil mark.

• Demand side environment looks good with more deals being actively fought in both the Infrastructure & Managed Services space

• Focus on Large Deals improving quality of pipeline - 55% deals being fought with a TCV over $10m across Zensar

• – Digital continues to gain traction across all markets

❑ Core Business

• CIS continues to improve both in revenue & orders booked, driven by Vinci – more than 7 deals of $10M+ closed in 9 months

• Focus on top 20 accounts paying dividends which is reflected in a higher % of business, with a 8.8% sequential growth

• Retail decline arrested. Growth led by both Omni-Channel and growth in Retail ISV business.

• Hi-Tech Manufacturing continues to grow and do well – Key logos added in Q3

• UK booked its highest ever business in a quarter. Growth broad based across Apps, Infra & Digital

• Profits impacted by multiple deals simultaneously in transition as well as furloughs and lower utilization due to employee ramp -up

❑ Acquired Entities

• Foolproof – Continues to be pivotal to our Digital Story. Instrumental in many of our new logo wins and large deals

• Keystone Logic – Continues to grow QoQ both in terms of existing accounts as well as in new customer additions

• Cynosure – Multiple new wins to drive growth in Q4

• Indigo Slate – Integration completed. Focus now on cross selling in Indigo Slate & Zensar accounts

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Q3 FY19 Financials – Digital Growth

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• RoD NeXT – Zensar’s
Exponential Technologies)
$143.7M
Service Split
(In USD Mn) 4.0% QoQ 17.1% YoY
•
1.6% QoQ 17.2% QoQ
$119.1 $24.6
have
Digital & App Cloud & Infra
17.2% YoY Services Services 17.0% YoY
5.3% QoQ -1.5% QoQ $62.1 $7.5 9.0% QoQ $10.6 55.1% QoQ $6.5 -11.5% QoQ
$57.0
Digital Services Core App Cloud, Digital Core Infra Third Party
32.4% YoY 5.9% YoY Services led next gen 69.8% YoY Services 6.5% YoY Maintenance -2.2% YoY
CIS
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• RoD NeXT – Zensar’s recently launched RoD NeXT (New & Exponential Technologies) Set of Solutions has been very well received by both existing and new clients and promises to help Zensar consolidate its leadership in the Digital space • Zensar’s Digital platforms like Vinci & ZenAnalytica continue to be an integral part of all Large deals and have seen penetration in more than 15% of our clients • All of Zensar’s acquisitions have been Digital led and have not only grown in their core QoQ $6.5 -11.5% QoQ Third Party business but have also Maintenance -2.2% YoY played a pivotal role in many of Zensar’s new wins.

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All growth numbers in USD Terms

Q3 FY19 Financials – Geographical & Vertical Split

Geographical Split

Vertical Split

14.3% US		8.3% 1.3% Europe		Africa	76.0% ROW
Geography		QoQ (cc)			YoY
US		6.6%			21.5%
Europe		5.7%			23.8%
Africa		-3.6%			1.8%
ROW		-39.6%			-57.3%

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1 0 0 . 0 %
Revenue
2 1 . 0 % 5 1 . 0 %
2 4 . 1 % 4 . 0 %
Retail & Consumer Hi-Tech &
Fin. Services Emerging
Services Manufacturing
3 7 . 6 % 1 3 . 3 % 1 8 . 7 % 5 . 4 %
Hi-Tech Mfg Insurance Banking
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All growth numbers in USD Terms unless CC mentioned

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Q3 FY19 Revenue Mix

Million Dollar Clients

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Q3FY18 Q2FY19 Q3FY19
20 Mn Dollar+ 2 2 2
10 Mn Dollar+ 6 7 7
5 Mn Dollar+ 15 20 20
1 Mn Dollar+ 81 98 100
Revenue Concentration
Q3FY18 Q2FY19 Q3FY19
Top 5 Clients 36.2% 38.2% 39.1%
Top 10 Clients 44.8% 46.7% 49.5%
Top 20 Clients 56.0% 57.6% 60.2%
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Q3 FY19 Employee Details

Utilization

Excluding Trainees 81.7%

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Zensar Headcount Trend
9813
9482
8597
Q3 FY18 Q2 FY19 Q3 FY19
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Attrition

Attrition (YTD) 16.6%

Headcount

Q2FY19 Headcount	9,482
Net Additions	331
Q3FY19 Headcount	9,813
Technical – Onsite	2,360
Technical – Offshore	6,259
Technical – BPO/Others	283
Marketing	76
Support (including Trainees)	835
% of women employees	27.5%

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Stock Price and Shareholding Pattern

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Share Price in Rs. Total Volume
400 16,00,000
350 14,00,000
300 12,00,000
250 10,00,000
200 8,00,000
150 6,00,000
100 4,00,000
50 2,00,000
0 0
Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
Total Volume
Share Price in Rs. (NSE)
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Equity Share Information:

Shareholding Pattern (as on 31[st] December, 2018):

• Share Price (14[th] January 2019): INR 228.7/ share

• Market Cap (14[th] January 2019): INR 5,175.5 Crs

• Financial Year: April to March

• Face Value: INR 2 / share

• Listed on Indian Stock Exchanges:

• a) Bombay Stock Exchange (code: 504067)

• b) National Stock Exchange (code: ZENSARTECH)

• Bloomberg Code: ZENT.IN

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11.3%
16.9%
48.9%
22.9%
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• Reuters Code: ZENT.BOx

FPIs DIIs/ Others

Promoter Apax Partners

Analyst Recognition & Notable Mentions in the Quarter

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Report Mentions:

• Zensar mentioned in Gartner for -

• Tech CEO’s research ‘Revitalize Application Management Services With Kanban’

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Report Mentions:

• Zensar named as an Aspirant in the Everest Blockchain Services PEAK Matrix™Assessment

• Zensar has been featured as a major –

• contender in the Digital Services PEAK Matrix Assessment and Market Trends 2019: Design and Innovation to Power the Next Wave of Digital

Notable Mentions

• Zensar featured in the 100 Best Company for Women in 2018 BCWI Study

• Zensar wins People Matters L & D Award for ‘Best in Future Tech Skill Building’

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• CIO review mentions Zensar among the 20 most promising Oracle Solution Providers

• Zensar named as ‘Innovator’ in Avasant Radarview Hybrid Enterprise Cloud report

www.zensar.com | © Zensar Technologies 2018

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Analyst Presentation for the quarter ending December 31, 2018 RPG Group Overview

RPG Group: Key Financials

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FY14-18
Gross Total Income (Rs Cr.)
CAGR: 4.9%
21,766
20,052
19,183 19,271
17,949
FY14 FY15 FY16 FY17 FY18
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Net Worth ROE ROCE
6,925
6,066
5,260
4,611
3,807
16.0% 16.7% 16.2% 14.9%
17.4%
12.3% 12.0%
12.1% 10.6% 11.6%
FY14 FY15 FY16 FY17 FY18
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Note:

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FY14-18 CAGR:
EBITDA 8.0% EBITDA PAT
PAT 11.7% 2,218
2,014 2,045
1,630 1,668
980 1,031
879
739
663
FY14 FY15 FY16 FY17 FY18
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Market Cap
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Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18

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18,948
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7,184
5,175
5,096
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• 1) ROCE is calculated by taking EBIT*(1-ETR) divided by Capital Employed 2) ROE is calculated by taking PAT divided by Net-worth

• 3) Market Cap updated till 14th January 2019

Group CEAT KEC ZENSAR

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Thank you

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