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Motilal Oswal Report
Zensar Technologies Ltd. remains cautious given the weakening demand, especially from retail, manufacturing, and technology, while the same from banking, financial services and insurance remains good.
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The management, at RPG's annual investor conference, said it is aiming at mid-teen margin by Q2 FY24. It also has a good merger and acquisition pipeline, with five deals on the table.
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Zensar Technologies' management shared five key focus areas:
Experience and design services.
Advanced engineering and cloud engineering services.
Data engineering and analytics.
Applications and platforms.
Foundation and infrastructure services.
The management also highlighted six key areas for execution:
Transformation in the client experience.
Tuck-in acquisitions to augment its services and vertical capabilities.
Multi-service line solutions targeting industry-specific needs.
Thrust on margin improvement.
Continued push on talent transformation.
Sustained focus on growth resilience.
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