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    Information technology services
Zen Technologies Limited

Zen Technologies Limited

1,562.20
INR
-51.30
(-3.18%)
20.89EPS
94.62P/E
160.12BMarket Cap
Oct 26Next Earn
Zen Technologies Limited
NSE:ZENTEC
(National Stock Exchange of India)

Recent

price

1,562.20

P/E

ratio

94.62

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
1.96
11.46
4.18
6.01
10.18
6.82
8.03
5.05
11.95
19.35
6.87
8.77
27.62
53.13
111.41
76.49
72.93
Revenue per Share
-0.24
3.55
0.53
0.01
2.04
0.3
0.96
-0.05
1.73
7.62
0.39
0.25
5.39
15.45
32.07
21.52
18.74
Basic EPS, GAAP
-0.36
-0.42
3.81
-1.91
-2.97
3.52
-0.15
1.66
-6.42
7.42
0.49
-6.11
13.02
-2.02
-0.15
20.33
- -
Free Cash Flow per Basic Share
0.45
0.15
0.65
0.1
- -
- -
0.1
0.15
0.1
0.3
0.4
0.1
0.1
0.2
1.03
2
- -
Dividend per Share
8.86
11.66
12.07
12.77
14.38
14.69
15.5
15.35
17.51
24.78
25.71
35.6
40.01
53.71
189.19
210.06
- -
Book Value per Share
8.86
11.65
11.85
12.13
13.96
14.53
15.48
15.32
17.5
23.8
24.84
34.82
39.29
52.8
180.19
200.34
- -
Tangible Book Value per Share
89
89
89
77
77
77
77
77
77
77
80
80
79
83
87
90
90
Basic Weighted Avg Shares
174
1,018
371
464
785
526
620
390
922
1,493
546
698
2,188
4,399
9,736
6,877
6,558
Sales/Revenue/Turnover
-141.61
39.03
8.37
-2.1
23.76
-0.1
13.73
-11.09
14.22
39.03
4.45
-0.15
30.41
39.73
37.96
32.44
29.69
Operating Margin (%)
17
14
23
51
43
43
36
28
38
46
50
48
61
97
154
244
265
Depreciation Expense
-21
316
47
1
157
23
74
-4
133
588
31
20
427
1,279
2,802
1,935
1,685
Net Income, GAAP
- -
19.82
15.29
21.73
20.57
20.57
19.8
- -
- -
- -
36.4
20.99
30.34
30.43
26.29
26.54
27.4
Effective Tax Rate (%)
-12.03
31
12.61
0.15
20.04
4.41
11.99
-1
14.44
39.37
5.69
2.85
19.53
29.07
28.78
28.13
25.7
Profit Margin (%)
385
632
602
477
632
606
597
493
606
1,032
1,204
2,031
1,919
3,484
15,601
13,787
- -
Working Capital
28
33
21
44
37
105
60
33
88
14
13
50
4
41
574
111
- -
LT Debt
788
1,036
1,073
985
1,110
1,134
1,196
1,184
1,351
1,978
2,107
2,899
3,303
4,663
17,359
19,491
- -
Total Equity
- -
28.98
3.66
0.06
13.16
1.53
5.08
- -
- -
- -
0.74
-0.17
14.65
28.41
23.13
8.62
- -
Return on Invested Capital (%)
- -
31.11
4.73
1.44
12.99
2.6
6.64
- -
- -
- -
1.71
0.67
11.65
31.28
23.96
9.27
- -
Return on Capital (%)
-2.61
34.62
4.44
0.07
15.03
2.07
6.38
-0.33
10.51
36.02
1.57
0.81
14.27
33.44
26.08
10.78
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
74
- -
LT Borrowings
- -
14
- -
LT Finance Leases
- -
97
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
90
90
90
Market Capitalization
123,049
115,022
160,120

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
15,542
- -
Cash, Cash Equivalents & STI
- -
7,887
- -
Accounts Receivable, Net
- -
2,240
- -
Inventories
- -
1,882
- -
Total Current Liabilities
- -
1,755
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
74
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
44.88%
75.46%
12.28%
Free Cash Flow
-1,843.96%
-3,271.09%
-14,493.62%
Net Income, GAAP
-85.71%
460.83%
-30.97%
Sales/Revenue/Turnover
55.02%
86.88%
-29.37%
Total Cash Common Dividend
- -
114.77%
100.17%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,546
2,418
1,522
3,250
9,736
2026
1,582
- -
1,778
1,781
6,877
2027
1,416
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
9.19
7.26
4.42
11.24
32.07
2026
5.31
- -
6.09
3.51
21.52
2027
3.83
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1.03
2026
- -
- -
- -
- -
2
2027
- -
- -
- -
- -
- -
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Business
Zen Technologies Limited, incorporated in 1993 and headquartered in Hyderabad, India, designs, develops, and manufactures state-of-the-art combat training solutions and counter-drone systems for defence and security forces worldwide. The company offers a portfolio of over 40 indigenously developed products, including live fire training systems such as smart firing ranges and multi-functional target systems (Zen MFTS); live instrumented systems like the laser-based tactical engagement simulator (Zen TacSim); virtual simulation simulators for small arms (Zen SATS SL), advanced weapons (Zen AWeSim), hand grenades (Zen HE36S), mortars, anti-tank guided missiles (Zen ATGM Sim), driving (Zen DTS), tanks (ZEN BMP-II DS), and vehicles; constructive training solutions integrated into comprehensive training complexes (CTC); and counter-drone solutions featuring detection, classification, tracking via passive surveillance and camera sensors, and neutralization through jamming. Zen Technologies operates primarily in the defence sector, serving armed forces, paramilitary, police, and security agencies with a focus on individual and collective training to enhance combat readiness; it maintains offices in India, the UAE, and the USA, and has shipped over 1,000 systems globally. In recent developments, the company completed the acquisition of the remaining 24% stake in Applied Research International Private Limited (ARIPL) on October 16, 2025, making it a wholly owned subsidiary following initial stakes acquired earlier in 2025; it also acquired 51% of Vector Technics Private Limited in February 2025 to expand its subsidiaries; additionally, Zen Technologies purchased a 76% stake in Anawave Systems in November 2025, further strengthening its simulation and defence technology capabilities. These strategic acquisitions valued at up to ₹130 crores in some cases bolster its R&D and product integration, aligning with ongoing expansions in anti-drone and training technologies. Zen Technologies holds ISO 9001:2015, ISO/IEC 27001:2022, and CMMI Maturity Level 5 certifications, with over 170 patents filed globally.