ALFA Finder| Management target | Revenue FY28 |
|---|
| Revenue growth | Weighted towards Q2 and Q3 due to 12-month execution cycles. |
|---|---|
| Margins | Gross margin stable at 72.9%; EBITDA margin recovery expected. |
| Order book | ₹1,239 Cr as of June 30; subsequent ₹177.5 Cr MoD order. |
| Demand visibility | Strong pipeline for anti-drone and simulator systems globally. |
| Management confidence | High; citing battle-proven products and strong international inquiry levels. |
Growth
Revenue declined YoY to ₹141.6 Cr from ₹158.2 Cr. Operational EBITDA stood at ₹38.7 Cr with a 27.3% margin.
Outlook
Guided for mid-30s EBITDA margins for FY2027; targeted order book of ₹2,500 Cr by year-end; pursuing ₹4,000 Cr cumulative revenue over FY27-28.
Risks
Negative operating leverage due to lower revenue base; one-off exceptional loss of ₹3.4 Cr from subsidiary fire incident.
Earnings Call Transcript filed with NSE, NSE: ZENTEC. Summary written with AI assistance from the document.
Zen Technologies Ltd: key numbers
- Share price
- ₹1,775.50
- Market cap
- ₹16,031 Cr
- Revenue (annual)
- ₹687.7 Cr
- Net profit (annual)
- ₹193.4 Cr
- P/E (TTM)
- 76.2×Sector 51.9×
- Promoter holding
- 48.51%+0.00% QoQ
- FII holding
- 6.60%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Zen Technologies Ltd
All →Zen Technologies Investor Presentation: Key Takeaways
Q2FY27 consolidated revenue ₹345.13 Cr (+98.8% YoY), Operational EBITDA ₹131.99 Cr (38.2% margin), adj PAT ₹89.54 Cr (+50.7%). Order book ₹1,375.70 Cr; indigenous defence technology focus.
Zen Technologies Results Update
Zen Technologies released its Q2 and H1 FY27 unaudited results, reporting consolidated Q2 revenue of ₹345.13 Crore, up 98.8% year-on-year. Order book stands at ₹1,375.70 Crore.
- Order book
- ₹1,376 Cr
Zen Technologies Employee Stock Options
Zen Technologies granted 12,000 ESOPs at ₹500 each under its 2021 scheme. Options vest after one year and are exercisable within two years thereafter.
Zen Technologies Other Announcement
Zen Technologies reported no QIP fund utilisation deviation for the quarter ended September 30, 2026. Rs.737.85 Crore of Rs.979.51 Crore raised is utilised per original objects.
Zen Technologies Q2 FY27 Results: Net Profit ₹101.9 Cr, Up 64.6% YoY
Zen Technologies Ltd reported revenue from operations of ₹345.1 Cr (+98.8% YoY) and net profit of ₹101.9 Cr (+64.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹101.9 Cr · +64.6% YoY
Zen Technologies Business Update
ZEN Technologies disclosed that Whole-time Director Shilpa Choudari received Business Today's MPW Award. Union Minister Nitin Gadkari presented it on 23 October 2026.