Zensar Technologies - Strategic Focus Areas For Long-Term Growth: Axis Securities

Axis Securities Report

We believe Zensar Technologies Ltd. is well-placed for encouraging growth from a long-term perspective, given its multiple long-term contracts with the world’s leading brands. Richer revenue visibility gives us confidence in its business growth moving forward.

However, rising concerns over business uncertainties in large economies and continuing supply-side constraints are creating challenges for the company’s growth prospects moving ahead.

On the annual investor day, Zensar Tech management indicated that it will continue to see strong revenue and bottom-line growth along with margin expansion. The new CEO Mr Manish Tandon laid a strong foundation of higher client engagement and focus on large deal accounts to witness a sustainable revenue stream.

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