Zen Technologies Limited ZENTEC NIFTY_SMALLNSEAIDEFENCEINFRA
Company Overview
Zen Technologies Limited, together with its subsidiaries, engages in the design, development, manufacture, and sale of training simulators in India and internationally. The company provides anti-drone systems; training and simulation live ranges, comprising smart and multi-functional target systems, tank targets, master control station for live-firing ranges, air-to-ground firing range scoring system, containerized tubular and indoor shooting range, shoot house for live and simulated indoor tactical training, special purpose adapter for hand guns, cornershot weapon system, tank zeroing system, and containerized small arms firing range; armour combat training, indoor tracking, hand grenade simulator, and tactical engagement simulation systems; advanced weapon, medium machine gun, automatic grenade launcher, mortar integrated and carrier mortar tracked integrated, anti-tank guided missile, combat and infantry weapons training, artillery forward observers, integrated air defence, UAV mission, rotary wing, infantry combat vehicle driving, crew gunnery, gunnery, driving, BMP II integrated missile, driving training, automated driving, and bus and tatra driving simulators; and driving aptitude testing system. It serves police, paramilitary, armed, and security forces; government departments comprising transport, mining, and infrastructure; and the civilian markets. Zen Technologies Limited was incorporated in 1993 and is headquartered in Hyderabad, India.
Why Investors Should Care
Return on capital employed stands at 15.5%.
Net profit has compounded at 65.4% per year over the last five years.
Revenue has grown at a 46.5% CAGR over the past five years.
Maintains a net profit margin of 28.1%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹687.69 Cr (-29.4% YoY); net profit ₹193.45 Cr.
- Trailing 12 Months Year-on-year growth — revenue -29.4%, earnings -31.0%.
- 5-Year Trend Long-term compounding — revenue CAGR 46.5%, profit CAGR 65.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 46.47% |
| 1 Year: | -29.37% |
Compounded Profit Growth
| 5 Years: | 65.42% |
| 1 Year: | -30.97% |
Stock Price Performance
| 1 Year: | -3.55% |
| 6 Months: | +41.22% |
| 3 Months: | +19.79% |
| 1 Month: | +2.06% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
Zen Technologies is India's leader in AI-driven combat training simulators (army, air force) and anti-drone AI systems. Has filed defence AI patents.
- AI in defence training simulators Zen Technologies builds AI-driven combat training simulators and anti-drone systems for defence and security forces.
- AI anti-drone & counter-UAS AI-enabled detection and neutralisation of hostile drones is a fast-growing defence-tech niche for Zen.
- Autonomous & smart training Machine-learning-driven scenario generation and analytics improve realism and effectiveness of training systems.
- Pure-play on AI-enabled defence simulation and counter-drone systems.
- Explosive multi-year growth (5y profit CAGR >100%) with strong margins (~28%).
- Anti-drone demand provides a high-growth optionality leg.
- Order-timing lumpiness (recent revenue dip) and a high P/E ~84 make it volatile.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 28.1%.
- Compounding revenue at 46.5% over 5 years.
- Profit CAGR of 65.4% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 84.8.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ZENTEC Zen Technologies Limited NIFTY_SMALLNSEAIDEFENCEINFRA | 1,826.00 | 84.85 | ₹16,487.02 Cr | 0.05% | 15.46% | 10.24% | 46.47% | 65.42% |
| 2 | LT Larsen & Toubro Limited NIFTY50NSEAIINFRA | 3,849.40 | 32.93 | ₹5.30 L Cr | 0.96% | 14.55% | 14.72% | 16.09% | 15.38% |
| 3 | ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA | 1,834.20 | 31.50 | ₹4.23 L Cr | 0.42% | 10.97% | 13.32% | 22.93% | 34.11% |
| 4 | BEL Bharat Electronics Limited NIFTY50NSEAIDEFENCEINFRAPSU | 410.75 | 56.42 | ₹3.00 L Cr | 1.05% | 31.88% | 25.27% | 16.63% | 26.64% |
| 5 | HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU | 4,463.30 | 32.75 | ₹2.98 L Cr | 0.44% | 13.80% | 22.21% | 7.87% | 16.08% |
| 6 | INDIGO InterGlobe Aviation Limited NSEINFRA | 5,202.50 | -84.07 | ₹2.01 L Cr | 0.24% | 4.02% | -34.31% | 16.59% | -227.40% |
| 7 | CUMMINSIND Cummins India Limited NSEINFRA | 5,535.50 | 64.97 | ₹1.53 L Cr | 1.17% | 34.95% | 27.87% | 16.07% | 24.35% |
| 8 | ABB ABB India Limited NSEAIINFRA | 6,951.50 | 88.30 | ₹1.47 L Cr | 0.58% | 28.45% | 21.29% | 15.41% | 17.97% |
| 9 | POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA | 33,005.00 | 148.92 | ₹1.47 L Cr | 0.02% | 24.92% | 19.09% | 22.24% | 119.12% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 96.00 Cr | 132.00 Cr | 66.00 Cr | 100.00 Cr | 141.00 Cr | 255.00 Cr | 242.00 Cr | 152.21 Cr | 324.97 Cr | 158.22 Cr | 174.00 Cr | 177.82 Cr | 178.08 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 66.62 Cr | 91.40 Cr | 45.41 Cr | - | 49.81 Cr | 52.39 Cr |
| Gross Profit | - | - | - | - | - | - | - | 85.59 Cr | 233.58 Cr | 112.81 Cr | - | 128.01 Cr | 125.68 Cr |
| Operating Expenses | 61.00 Cr | 64.00 Cr | 48.00 Cr | 57.00 Cr | 91.00 Cr | 143.00 Cr | 162.00 Cr | 45.20 Cr | 100.36 Cr | 54.45 Cr | 109.00 Cr | 67.70 Cr | 80.53 Cr |
| Operating Income | 33.00 Cr | 67.00 Cr | 17.00 Cr | 39.00 Cr | 47.00 Cr | 108.00 Cr | 76.00 Cr | 40.39 Cr | 133.22 Cr | 58.36 Cr | 59.00 Cr | 60.31 Cr | 45.15 Cr |
| EBITDA | 35.00 Cr | 69.00 Cr | 19.00 Cr | 42.00 Cr | 50.00 Cr | 111.00 Cr | 80.00 Cr | 66.24 Cr | 162.69 Cr | 86.02 Cr | 65.00 Cr | 82.13 Cr | 72.27 Cr |
| Interest Expense | 1.00 Cr | 0 | 1.00 Cr | 1.00 Cr | 1.00 Cr | 1.00 Cr | 2.00 Cr | 2.96 Cr | 3.95 Cr | 3.46 Cr | 2.00 Cr | 2.75 Cr | 2.02 Cr |
| Pretax Income | 33.00 Cr | 69.00 Cr | 22.00 Cr | 44.00 Cr | 52.00 Cr | 110.00 Cr | 82.00 Cr | 59.47 Cr | 153.99 Cr | 76.21 Cr | 83.00 Cr | 72.89 Cr | 64.41 Cr |
| Tax Provision | 9.57 Cr | 20.70 Cr | 8.14 Cr | 14.08 Cr | 14.04 Cr | 30.80 Cr | 18.86 Cr | 16.80 Cr | 40.24 Cr | 23.14 Cr | 21.58 Cr | 17.18 Cr | 17.17 Cr |
| Net Income | 23.00 Cr | 48.00 Cr | 14.00 Cr | 30.00 Cr | 38.00 Cr | 79.00 Cr | 63.00 Cr | 39.72 Cr | 101.05 Cr | 47.75 Cr | 62.00 Cr | 54.77 Cr | 31.53 Cr |
| Diluted EPS | 2.54 | 5.60 | 1.82 | 3.64 | 4.16 | 9.14 | 6.94 | 4.42 | 11.24 | 5.31 | 6.58 | 6.09 | 3.51 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 46.00 Cr | 79.00 Cr | 53.00 Cr | 62.00 Cr | 92.00 Cr | 149.00 Cr | 55.00 Cr | - | 218.85 Cr | 439.85 Cr | 973.64 Cr | 687.69 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 66.24 Cr | 128.69 Cr | 384.73 Cr | 210.79 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 152.61 Cr | 311.17 Cr | 588.91 Cr | 476.90 Cr |
| Operating Expenses | 46.00 Cr | 58.00 Cr | 48.00 Cr | 50.00 Cr | 76.00 Cr | 87.00 Cr | 47.00 Cr | - | 86.06 Cr | 136.67 Cr | 230.80 Cr | 254.04 Cr |
| Operating Income | -1.00 Cr | 19.00 Cr | 0 | 7.00 Cr | 13.00 Cr | 58.00 Cr | 2.00 Cr | - | 66.55 Cr | 174.50 Cr | 358.11 Cr | 222.85 Cr |
| EBITDA | 1.00 Cr | 21.00 Cr | 4.00 Cr | 11.00 Cr | 17.00 Cr | 63.00 Cr | 7.00 Cr | - | 80.46 Cr | 196.31 Cr | 431.86 Cr | 331.30 Cr |
| Interest Expense | 2.00 Cr | 2.00 Cr | 2.00 Cr | 2.00 Cr | 5.00 Cr | 3.00 Cr | 1.00 Cr | - | 2.68 Cr | 45.90 L | 10.38 Cr | 10.27 Cr |
| Pretax Income | 0 | 20.00 Cr | 3.00 Cr | 9.00 Cr | 11.00 Cr | 57.00 Cr | 4.00 Cr | - | 71.73 Cr | 186.15 Cr | 406.07 Cr | 296.64 Cr |
| Tax Provision | 0 | 4.20 Cr | 63.00 L | 1.80 Cr | -2.09 Cr | -1.71 Cr | 1.44 Cr | - | 21.76 Cr | 56.65 Cr | 106.74 Cr | 78.72 Cr |
| Net Income | 0 | 16.00 Cr | 2.00 Cr | 7.00 Cr | 13.00 Cr | 59.00 Cr | 3.00 Cr | - | 42.74 Cr | 127.88 Cr | 280.24 Cr | 193.45 Cr |
| Diluted EPS | 0.01 | 2.04 | 0.30 | 0.93 | 1.73 | 7.62 | 0.39 | - | 5.20 | 15.34 | 32.07 | 21.52 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 128.00 Cr | 177.00 Cr | 167.00 Cr | 146.00 Cr | 218.00 Cr | 214.00 Cr | 223.00 Cr | - | 473.70 Cr | 750.50 Cr | 2,049.02 Cr | 2,160.22 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 332.04 Cr | 618.34 Cr | 1,603.99 Cr | 1,554.17 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 110.25 Cr | 36.71 Cr | 74.15 Cr | 78.94 Cr |
| Inventory | - | - | - | - | - | - | - | - | 49.00 Cr | 169.08 Cr | 119.27 Cr | 188.19 Cr |
| Receivables | - | - | - | - | - | - | - | - | 85.39 Cr | 184.50 Cr | 410.43 Cr | 224.01 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 143.42 Cr | 284.21 Cr | 313.11 Cr | 211.14 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 140.15 Cr | 269.91 Cr | 243.97 Cr | 175.47 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 0 | 0 | 40.20 Cr | 1.41 Cr |
| Total Debt | 18.00 Cr | 40.00 Cr | 41.00 Cr | 11.00 Cr | 42.00 Cr | 3.00 Cr | 2.00 Cr | - | 6.75 Cr | 6.03 Cr | 77.70 Cr | 18.52 Cr |
| Total Equity | 99.00 Cr | 111.00 Cr | 113.00 Cr | 120.00 Cr | 135.00 Cr | 191.00 Cr | 204.00 Cr | - | 316.17 Cr | 448.63 Cr | 1,700.69 Cr | 1,889.06 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 7.95 Cr | 8.40 Cr | 9.03 Cr | 9.03 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 10.00 Cr | -20.00 Cr | 0 | 0 | -49.00 Cr | 62.00 Cr | 6.00 Cr | - | 116.36 Cr | 13.42 Cr | 31.03 Cr | 244.60 Cr |
| Investing Cash Flow | -8.00 Cr | -4.00 Cr | 0 | 0 | 13.00 Cr | -12.00 Cr | -10.00 Cr | - | -3.69 Cr | -85.24 Cr | -1,000.42 Cr | -161.50 Cr |
| Financing Cash Flow | -7.00 Cr | 20.00 Cr | 0 | 0 | 5.00 Cr | -12.00 Cr | 9.00 Cr | - | -21.88 Cr | -3.30 Cr | 1,006.83 Cr | -78.32 Cr |
| Capital Expenditure | -23.00 Cr | -2.00 Cr | 0 | 0 | -5.00 Cr | -10.00 Cr | -1.00 Cr | - | -13.15 Cr | -30.14 Cr | -32.30 Cr | -61.82 Cr |
| Free Cash Flow | -13.00 Cr | -22.00 Cr | 0 | 0 | -54.00 Cr | 52.00 Cr | 5.00 Cr | - | 103.21 Cr | -16.72 Cr | -1.27 Cr | 182.78 Cr |
| Net Change in Cash | -5.00 Cr | -4.00 Cr | 0 | 0 | -32.00 Cr | 38.00 Cr | 5.00 Cr | - | 90.79 Cr | -75.12 Cr | 37.45 Cr | 4.78 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 69.7% | 70.7% | 60.5% | 69.3% |
| Operating Margin % | -2.2% | 24.1% | 0.0% | 11.3% | 14.1% | 38.9% | 3.6% | - | 30.4% | 39.7% | 36.8% | 32.4% |
| Net Margin % | 0.0% | 20.3% | 3.8% | 11.3% | 14.1% | 39.6% | 5.5% | - | 19.5% | 29.1% | 28.8% | 28.1% |
| ROE % | 0.0% | 14.4% | 1.8% | 5.8% | 9.6% | 30.9% | 1.5% | - | 13.5% | 28.5% | 16.5% | 10.2% |
| ROCE % | - | - | - | - | - | - | - | - | 20.0% | 36.3% | 19.8% | 11.2% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ZENTEC
ZENTEC Forecast — Price Target — Prediction for 2027 - TradingView
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ZENTEC — Frequently Asked Questions
What is the current share price of Zen Technologies Limited (ZENTEC)?
As of 2026-07-15 09:52 IST, Zen Technologies Limited (ZENTEC) trades at ₹1,826.00 on NSE. Its 52-week range is ₹1,228.10 to ₹1,997.00.
What is the market capitalisation of ZENTEC?
Zen Technologies Limited (ZENTEC) has a market capitalisation of ₹16,487.02 Cr on NSE.
What is the P/E ratio of ZENTEC?
ZENTEC trades at a trailing price-to-earnings (P/E) ratio of 84.85. The industry average P/E is 29.60. Its price-to-book (P/B) ratio is 9.16.
Does ZENTEC pay a dividend?
Zen Technologies Limited (ZENTEC) currently offers a dividend yield of 0.05%.
What is the return on equity (ROE) of ZENTEC?
ZENTEC has a return on equity (ROE) of 10.24%. Its return on capital employed (ROCE) is 15.46%.
Is ZENTEC a good stock to buy?
This page provides a data-driven analysis of Zen Technologies Limited (ZENTEC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.