*Zensar Technologies Ltd.* | *CMP* Rs. 450 | *M Cap* Rs. 10155 Cr | *52 W H/L* 587/172
(Nirmal Bang Retail Research)
Dollar revenue came at $ 141.9 mn vs expectation of $ 139.5 mn, QoQ $ 127.2 mn, YoY $ 131.6 mn
*Result is in-line with expectations*
Revenue from Operations came at Rs. 1050.6 Cr (12.1% QoQ, 7.3% YoY) vs expectation of Rs. 1033.3 Cr, QoQ Rs. 936.8 Cr, YoY Rs. 979.5 Cr
EBIDTA came at Rs. 161.2 Cr (-6.6% QoQ, -12.5% YoY) vs expectation of Rs. 159.8 Cr, QoQ Rs. 172.6 Cr, YoY Rs. 184.2 Cr
EBITDA Margin came at 15.3% vs expectation of 15.5%, QoQ 18.4%, YoY 18.8%
Adj. PAT came at Rs. 94.4 Cr vs expectation of Rs. 88.3 Cr, QoQ Rs. 101 Cr, YoY Rs. 89.2 Cr
Quarter EPS is Rs. 4.2
Share is trading at P/E of 21.3x FY23E EPS