Zensar Technologies Share Price: 4.8% CAGR in 3 Years as the Pune IT Firm Compares With Coforge and Mphasis
- November 12, 2026
- Posted by: Chaitanya Auti
- Category: Best Stocks
Zensar Technologies Share Price: 4.8% CAGR in 3 Years as the Pune IT Firm Compares With Coforge and Mphasis
Zensar Technologies previous close Rs 553.45. 3-year CAGR 4.8%. Up 1.2x since 10 Nov 2023. ROE 16.11%. Market cap Rs 12,592 crore.
Quick Answer
The Zensar Technologies share price closed at Rs 553.45 on 11 November 2026, a compounded annual return of 4.8% over three years. That compares with Coforge at 25.2% and Mphasis at 2.8%. The company has a market cap of Rs 12,592 crore and a P/E of 16.05 against an industry P/E of 19.13.
The Zensar Technologies share price has gained steadily over three years, and the stock trades at the lowest P/E among the three mid-sized IT companies compared here. Zensar Technologies, based in Pune and part of the RPG Group, provides digital and technology services to clients in the United States, Europe and Africa.
This article compares that run with Coforge and Mphasis. We calculate the three-year CAGR for all three and set the results beside market cap, valuation, return on equity and debt, using prices adjusted for corporate actions.
Click Here – Get Free Investment Predictions
How Much Has the Zensar Technologies Share Price Returned in 3 Years?
The Zensar Technologies stock closed at Rs 481.00 on 10 November 2023 and at Rs 553.45 on 11 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 1.15 lakh, which is a CAGR of 4.8%. This is a price return and leaves out dividends.
CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as Zensar Technologies can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.
The Zensar Technologies share price has also followed the steady demand for digital engineering, cloud and data work from large clients in banking, retail and manufacturing.
Zensar Technologies vs Coforge and Mphasis: 3-Year CAGR Compared
The table ranks the companies by three-year CAGR. Prices on 10 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 11 November 2026.
| Company | Close on 10 Nov 2023 | Previous close (11 Nov 2026) | Price multiple | 3-year CAGR |
|---|---|---|---|---|
| Coforge | Rs 1,027.80 | Rs 2,017.50 | 2.0x | 25.2% |
| Zensar Technologies | Rs 481.00 | Rs 553.45 | 1.2x | 4.8% |
| Mphasis | Rs 2,202.20 | Rs 2,390.00 | 1.1x | 2.8% |
The Zensar Technologies stock ranks second of the three at 4.8%. It sits ahead of Mphasis (2.8%). The company ahead is Coforge (25.2%). Coforge leads the group, followed by Zensar Technologies and then Mphasis. Zensar is the smallest of the three by market cap and trades at the lowest P/E.
Look at the Zensar Technologies share price alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.
Valuation and Quality Compared
| Company | Market cap | P/E | Industry P/E | ROE | Debt to equity |
|---|---|---|---|---|---|
| Coforge | Rs 89,115 crore | 42.44 | 19.13 | 9.80% | 0.27 |
| Mphasis | Rs 45,694 crore | 22.82 | 19.13 | 18.55% | 0.30 |
| Zensar Technologies | Rs 12,592 crore | 16.05 | 19.13 | 16.11% | 0.01 |
By market cap, Coforge is the largest of the group at Rs 89,115 crore, while the Zensar Technologies stock stands at Rs 12,592 crore, about 14% of that size. On earnings, Zensar Technologies shares trade at a P/E of 16.05 against an industry P/E of 19.13, a discount of about 16% to the sector, which leaves room if earnings keep growing. Peer multiples are Coforge at 42.44 and Mphasis at 22.82.
Return on equity is 16.11% for the Zensar Technologies stock, which ranks second among the three, and debt to equity stands at 0.01. Trailing EPS is Rs 34.44. Mid-sized IT companies are valued on deal wins and margins, so the P/E should be read together with return on equity and the pace of revenue growth.
What Is Driving the Zensar Technologies Stock?
Zensar provides application development, cloud services, data work and managed services for clients in financial services, retail, consumer goods and manufacturing. A large share of revenue comes from the United States.
The company has reworked its portfolio toward higher-value digital projects and has a debt-free balance sheet. Its focus on a smaller number of strategic clients has helped margins.
Followers of the Zensar Technologies share price usually track deal wins, client additions, margins and headcount trends.
How the Established Players Stack Up
Coforge is a Noida-based IT services company with strength in travel, banking and insurance clients. It compounded at 25.2% a year, on a market cap of Rs 89,115 crore and an ROE of 9.80%.
Mphasis is a Bengaluru-based IT services company with strength in cloud, banking and insurance work. It compounded at 2.8% a year, on a market cap of Rs 45,694 crore and an ROE of 18.55%.
What Should Investors Track Next?
Three things are worth watching on the Zensar Technologies share price. First, new deal wins. Second, margins as the mix shifts toward digital work. Third, client spending in the United States.
At a P/E of 16, the stock trades below the industry P/E of 19, and its debt to equity of 0.01 is almost nil. Technology spending by clients can shift, so follow quarterly numbers closely.
Check the Univest Screener for live fundamentals of IT stocks
How to Compare IT Stocks Yourself
You can repeat this exercise for any pair of stocks, including the Zensar Technologies stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P/E against the industry P/E, ROE and debt to equity. Benchmark the result against the Nifty 50 as well, so you know whether the stock beat the broader market.
A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the Zensar Technologies share price, the same four checks give a more complete picture than price alone.
Download the Univest iOS App or Univest Android App to track the Zensar Technologies share price and compare IT stocks live.
A Debt-Free IT Firm With the Lowest P/E in Its Group
The Zensar Technologies share price compounded at 4.8% a year over three years, ahead of Mphasis at 2.8% and behind Coforge at 25.2%. Its P/E of 16.05 is the lowest of the three and its debt is almost nil.
Coforge brings the faster return at a higher multiple, while Mphasis brings a higher ROE. The choice depends on whether you prefer a lower multiple or faster growth.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the Zensar Technologies share price today?
Ans. Zensar Technologies closed at Rs 553.45 on 11 November 2026, according to NSE data. It has a market cap of Rs 12,592 crore and a P/E of 16.05. Check live quotes before acting, as prices change every trading day.
What is the 3-year CAGR of the Zensar Technologies stock?
Ans. Zensar Technologies delivered a price CAGR of 4.8% over three years, moving from Rs 481.00 on 10 November 2023 to Rs 553.45 on 11 November 2026. The figure excludes dividends and uses adjusted closing prices.
Is Zensar better than Mphasis?
Ans. Zensar Technologies delivered a higher three-year CAGR at 4.8% than Mphasis at 2.8%. Mphasis is larger by market cap at Rs 45,694 crore against Rs 12,592 crore and has a higher ROE at 18.55% against 16.11%, while Zensar trades at a lower P/E of 16.05 against 22.82. The better choice depends on your view of each business.
What does Zensar Technologies do?
Ans. Zensar Technologies is a Pune-based IT services company in the RPG Group that provides digital, cloud and data services to clients across the world.
Is the Zensar Technologies stock debt free?
Ans. The debt to equity ratio of the Zensar Technologies stock is 0.01 and its return on equity is 16.11%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.
Is Zensar Technologies expensive compared with the industry?
Ans. Zensar Technologies trades at a P/E of 16.05 against an industry P/E of 19.13. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.
Which IT stock gave the highest return in 3 years?
Ans. Among the companies compared here, Coforge delivered the highest three-year CAGR at 25.2%, followed by Zensar Technologies at 4.8%. Past returns do not guarantee future performance.
How do I calculate CAGR for a stock?
Ans. Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.