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Earnings Call

Zen Technologies Earnings Call: Key Takeaways

Zen Technologies reported FY26 revenue of ₹687.69Cr and PAT of ₹193.45Cr, marking a structural shift toward a diversified five-capability defense product suite despite a muted year-on-year financial performance.

Highlights
Revenue growthFY26 revenue ₹687.69Cr vs FY25 ₹973.64Cr (YoY decline).
MarginsFY26 EBITDA margin at 48.37% vs 44.36% in FY25.
Order bookConsolidated order book of ₹1,336.04Cr as of March 31, 2026.
Demand visibilityStrong forward order book and robust pipeline of opportunities.
Management confidenceManagement cites best position in history for FY27 execution.

Growth

FY26 Revenue down 29% YoY to ₹687.69Cr; EBITDA at ₹332.66Cr (48% margin); PAT at ₹193.45Cr.

Outlook

Strong FY27 visibility with ₹1,336Cr consolidated order book; ₹431Cr new orders bagged in Q4FY26.

Risks

Delayed order conversions in FY26 and regional conflicts affecting global defense dynamics.

Source

Earnings Call filed with NSE, NSE: ZENTEC. Summary written with AI assistance from the document.

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Zen Technologies Ltd: key numbers

Share price
₹1,682.40
Market cap
₹15,190 Cr
Revenue (annual)
₹687.7 Cr
Net profit (annual)
₹193.4 Cr
P/E (TTM)
84.3×Sector 53.6×
Promoter holding
48.51%+0.00% QoQ
FII holding
6.47%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Employee Stock Options

Zen Technologies Employee Stock Options

Zen Technologies transferred 500 equity shares to eligible employees upon the exercise of options under its ESOP Plan-2021. This transaction involves no new capital issuance.