- Valuation
- ₹16,800 Cr

About Zen Technologies
Zen Technologies is a publicly listed company based in Hyderabad (India) founded in 1993 by Kishore Dutt Atluri. Live and virtual training simulations for defense are provided. The company has 355 employees. Zen Technologies has completed 4 acquisitions, including ARI Applied Research International, TISA Aerospace and Unistring Tech Solutions. Its website zentechnologies.com draws about 34 thousand monthly visits. Its Indian entity Zen Technologies Limited reported revenue of ₹774 Cr. Zen Technologies offers products and services including Anti Drone System, Combat Training Centre, Live Ranges, and Virtual Simulation. Its focus areas include Aerospace, Maritime and Defense Tech, Military Tech, Non Combat Systems and Countermeasure Solutions.
Company details
Zen Technologies was established in 1993 in Hyderabad, India, as a provider of training simulation solutions within the defense sector. Live and virtual systems are offered for applications including firearms, tanks, driving, mining, and unmanned aerial vehicles. Operations center on developing and delivering these simulation technologies to support defense training needs across various domains.
Recognitions & Rankings of Zen Technologies
- Market Cap₹15,463 Cr
ZENTEC · NSE
- Share Price₹1,712.60
-0.45% today
- Revenue₹688 Cr
FY 2025-26 · -29.4% YoY
- EBITDA₹245 Cr
Margin 35.6%
- Net Profit₹192 Cr
FY 2025-26 · -31.4% YoY
- P/E (TTM)73.1x
P/B 7.8x
- ROE12.1%
ROCE 16.5%
- Debt / Equity0.03
Interest cover 4.7x
- Latest Funding Round$119.22M (USD), Post-IPO
Aug 2024
- InvestorsKotak Mutual Fund
& 3 more
- Employee Count355
- Investments & AcquisitionsARI Applied Research International
& 3 more
Associated legal entities of Zen Technologies
Zen Technologies is associated with 3 registered companies on The Company Check; the primary company is Zen Technologies Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Zen Technologies Limited Listed CIN L72200TG1993PLC015939 | Active | 29 Jun 1993 | Sanathnagar, Telangana | ₹774 Cr | 299 | 9 | View details |
| Zen Medical Technologies Private Limited CIN U33119TG2020PTC142116 | Active | 24 Jul 2020 | Hyderabad, Telangana | ₹0.0 Cr | 2 | View details | |
| Zen Skillproc Private Limited CIN U74910TG2011PTC076330 | Active | 06 Sep 2011 | Secunderabad, Telangana | ₹0.1 Cr | 3 | View details |
Products & Services of Zen Technologies
Zen Technologies offers a comprehensive portfolio of products and services, including Anti Drone System, Combat Training Centre, Live Ranges, and Virtual Simulation.
Detects and neutralizes drones using sensors and jamming.
Integrates live and virtual simulations for combat readiness.
Offers realistic live-fire training with safety features.
Provides military simulators for weapons and vehicles training.
Apps and channels of Zen Technologies
its YouTube channel Zen Technologies has 3.33K subscribers and 30 videos.
Videos from Zen Technologies
The most watched videos on Zen Technologies's YouTube channel, Zen Technologies (3.33K subscribers). Click a video to play it here.
More on Zen Technologies.
Funding Insights of Zen Technologies
- Total Rounds 1
- Last Round Post-IPO — $119.22M
- First Round $119.22M
(Aug 2024)
- Investors Count 4
All 1 funding rounds of Zen Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $119.22M | Post-IPO | – | – |
4 investors in total: 4 institutional.
Investors in Zen Technologies
Zen Technologies has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Kotak Mutual Fund, Bandhan Mutual Fund and WhiteOak Capital Asset Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial advisory services are offered by Kotak Mutual Fund. | 1985 | kotakmf.com | Mumbai, India | |
Offers comprehensive investment management and advisory services for Indian equity. | 2017 | whiteoakamc.com | Mumbai, India | |
Mutual funds, equity portfolios, and ETFs are managed in India. | motilaloswalmf.com | Mumbai, India | ||
Online platform for investing in mutual funds | 2000 | bandhanmutual.com | Mumbai, India |
Investor details for Zen Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Zen Technologies Limited (Zen Technologies)
Zen Technologies Limited is the primary company behind Zen Technologies. The boards of the 3 registered companies of Zen Technologies currently have 10 directors; the longest-serving is Gnanadurai Prabagar, appointed in 2012. 25 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gnanadurai Prabagar DIN 00265965 | Director | 10 Sep 2012 | 14 yrs 1 mo | Zen Skillproc Private Limited |
| Nandita Sethi DIN 03604498 | Managing Director | 15 Oct 2014 | 12 yrs | Zen Skillproc Private Limited |
| Ravi Kumar Midathala DIN 00089921 | Director | 24 Jul 2020 | 6 yrs 3 mo | Zen Medical Technologies Private Limited |
| Ashok Atluri DIN 00056050 | Director | 24 Jul 2020 | 6 yrs 3 mo | Zen Medical Technologies Private Limited, Zen Skillproc Private Limited, Zen Technologies Limited |
| Shilpa Choudari DIN 06646539 | Whole-time director | 01 Nov 2020 | 6 yrs | Zen Technologies Limited |
| Kishore Dutt Atluri DIN 09691242 | Managing Director | 01 Aug 2022 | 4 yrs 3 mo | Zen Technologies Limited |
| Sanjay Vijay Singh Jesrani DIN 02306916 | Director | 27 Jan 2024 | 2 yrs 9 mo | Zen Technologies Limited |
| Durga Prasad Kode DIN 07946821 | Director | 28 Mar 2025 | 1 yr 7 mo | Zen Technologies Limited |
| Jasthi Krishna Kishore DIN 08001625 | Director | 25 Jul 2026 | 3 mo | Zen Technologies Limited |
| Uma Priyadarshini Kollareddy DIN 02736184 | Director | 04 Aug 2026 | 3 mo | Zen Technologies Limited |
People of Zen Technologies
18 people are tracked at Zen Technologies (3 in leadership, 6 in board & advisors, 9 in team); the tracked headcount is 355.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership | |
| Managing Director | Leadership | |
Mani C | Vice President Project | Leadership |
M. Ravi Kumar | Director | Board & advisors |
| Director | Board & advisors | |
Amreek Singh Sandhu | Director | Board & advisors |
Ajay Kumar Singh | Director | Board & advisors |
Sirisha Chintapall | Director | Board & advisors |
R.K. Tyagi | Director | Board & advisors |
Zen Technologies Limited | Human Resources Manager | Team |
Srinivasa Iyer | Manager QA And Project Coordinator | Team |
Surya Reddy | HR Recruiter | Team |
Anisha Atluri | HR Manager | Team |
Thirupathi Choudari | Assistant Manager Finance & Accounts | Team |
Kundan Singh | Design Engineer | Team |
Srinath Kunapuram | Sr.manager-finance | Team |
Mpalla Anurag Reddy | Human Resources Executive | Team |
Dinesh Tharla | HR Recruiter | Team |
Complete people profiles for Zen Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Zen Technologies
Zen Technologies is a publicly listed company on the NSE with ticker symbol ZENTEC in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date30 Mar 2015
- Listed onNSE: ZENTEC
- Listed entityZen Technologies Limited
- Exchange sectorTechnology services
- ISININE251B01027
- Share price₹1,677.00 (+1.47% on the day) · 2026-10-14
- Market capitalisation₹14,922 Cr
- Price to earnings83.7
- EPS (diluted, trailing year)₹20.04
- Dividend yield0.06%
- Volume (last session)144,904
Financials of Zen Technologies
Exchange-reported figures of Zen Technologies Limited, the listed company behind Zen Technologies (NSE: ZENTEC).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 688 | 974 | 440 | 219 | 69.75 | 54.64 | 149 |
| Revenue growth | -29.4% | +121.4% | +101.0% | +213.8% | +27.7% | -63.4% | - |
| EBITDA | 245 | 382 | 181 | 72.62 | 4.28 | 7.37 | 62.72 |
| EBITDA margin | +35.6% | +39.3% | +41.1% | +33.2% | +6.1% | +13.5% | +42.0% |
| Profit before tax | 297 | 406 | 186 | 71.73 | 3.30 | 4.35 | 56.73 |
| Net profit | 192 | 280 | 126 | 41.34 | 2.13 | 3.10 | 58.86 |
| Net profit margin | +28.0% | +28.8% | +28.7% | +18.9% | +3.1% | +5.7% | +39.4% |
| EPS (₹) | 21.43 | 31.04 | 15.22 | 5.38 | 0.25 | 0.39 | 7.62 |
| Balance sheet | |||||||
| Total assets | 1,987 | 1,825 | 476 | 340 | 307 | 214 | 202 |
| Net worth | 1,889 | 1,701 | 449 | 316 | 283 | 204 | 191 |
| Total debt | 18.52 | 77.71 | 6.03 | 6.75 | 14.75 | 1.96 | 2.52 |
| Cash & bank | 355 | 401 | 158 | 167 | 82.87 | 40.28 | 25.08 |
| Net working capital | 1,386 | 1,580 | 350 | 243 | 213 | 121 | 104 |
| Cash flow | |||||||
| Cash from operations | 245 | 31.03 | 13.42 | 116 | (44.26) | 5.90 | 62.43 |
| Cash from investing | (162) | (1,000) | (85.24) | (3.69) | (43.61) | (9.77) | (11.76) |
| Cash from financing | (78.32) | 1,007 | (3.30) | (21.88) | 87.98 | 8.98 | (12.42) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 345 | 142 | 178 | 178 | 174 | 158 | 325 | 152 |
| Revenue growth (YoY) | +98.8% | -10.5% | -45.2% | +16.8% | -28.2% | -37.9% | - | - |
| Other income | 16.71 | 19.16 | 22.70 | 15.62 | 26.25 | 21.79 | 24.77 | 22.04 |
| EBITDA | 131 | 35.05 | 49.57 | 66.50 | 64.63 | 64.23 | 138 | 44.20 |
| EBITDA margin | +37.9% | +24.7% | +27.8% | +37.4% | +37.2% | +40.6% | +42.4% | +29.0% |
| Depreciation | 8.73 | 7.86 | 5.84 | 6.49 | 5.71 | 6.34 | 4.75 | 3.81 |
| Interest | 1.13 | 1.09 | 2.02 | 2.75 | 2.04 | 3.46 | 3.95 | 2.96 |
| Profit before tax | 138 | 45.26 | 64.41 | 72.88 | 83.13 | 76.22 | 154 | 59.47 |
| Tax | 35.81 | 13.41 | 17.17 | 17.18 | 21.23 | 23.14 | 40.24 | 16.80 |
| Net profit | 102 | 31.85 | 47.24 | 55.70 | 61.90 | 53.08 | 114 | 42.67 |
| EPS (₹) | 9.97 | 3.83 | 3.51 | 6.09 | 6.61 | 5.31 | 11.24 | 4.42 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 424 | 931 | 430 | 161 | 53.71 | 49.57 | 147 |
| Revenue growth | -54.5% | +116.3% | +166.5% | +200.6% | +8.4% | -66.3% | - |
| EBITDA | 136 | 314 | 177 | 51.28 | 1.72 | 7.76 | 63.60 |
| EBITDA margin | +32.1% | +33.7% | +41.2% | +31.8% | +3.2% | +15.7% | +43.3% |
| Profit before tax | 196 | 352 | 184 | 53.92 | 1.87 | 5.68 | 58.58 |
| Net profit | 146 | 263 | 128 | 36.23 | 2.19 | 4.10 | 60.62 |
| Net profit margin | +34.4% | +28.3% | +29.6% | +22.4% | +4.1% | +8.3% | +41.2% |
| EPS (₹) | 16.15 | 29.12 | 15.38 | 4.73 | 0.25 | 0.52 | 7.84 |
| Balance sheet | |||||||
| Total assets | 1,828 | 1,747 | 457 | 327 | 306 | 216 | 201 |
| Net worth | 1,822 | 1,689 | 453 | 319 | 292 | 213 | 199 |
| Total debt | 2.24 | 54.33 | 1.13 | 5.94 | 12.33 | 0.94 | 0.88 |
| Cash & bank | 223 | 274 | 142 | 147 | 76.10 | 33.28 | 18.52 |
| Net working capital | 1,105 | 1,415 | 321 | 172 | 198 | 108 | 91.05 |
| Cash flow | |||||||
| Cash from operations | 229 | 31.02 | 21.35 | 99.28 | (43.81) | 12.69 | 64.45 |
| Cash from investing | (164) | (1,040) | (81.98) | (2.69) | (43.16) | (17.63) | (11.00) |
| Cash from financing | (70.27) | 1,017 | (6.21) | (18.40) | 87.31 | 9.67 | (21.38) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 309 | 103 | 71.90 | 116 | 125 | 111 | 294 | 142 |
| Revenue growth (YoY) | +148.1% | -7.3% | -75.5% | -17.9% | -48.4% | -56.3% | - | - |
| Other income | 14.50 | 17.52 | 19.95 | 14.34 | 22.99 | 19.89 | 24.36 | 21.96 |
| Total expenses | 212 | 74.74 | 68.31 | 63.56 | 82.86 | 73.01 | 199 | 105 |
| EBITDA | 97.28 | 28.22 | 3.59 | 52.59 | 41.79 | 38.05 | 94.38 | 36.73 |
| EBITDA margin | +31.5% | +27.4% | +5.0% | +45.3% | +33.5% | +34.3% | +32.2% | +26.0% |
| Depreciation | 5.17 | 4.70 | 3.72 | 3.58 | 3.32 | 3.07 | 2.94 | 2.60 |
| Interest | 0.52 | 0.53 | 0.62 | 1.00 | 0.43 | 1.38 | 3.61 | 2.73 |
| Profit before tax | 106 | 40.51 | 19.20 | 62.35 | 61.03 | 53.49 | 112 | 53.36 |
| Tax | 26.90 | 11.30 | 4.45 | 14.52 | 14.88 | 16.36 | 27.27 | 14.75 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 345 | 142 | 178 | 178 | 174 | 158 | 325 | 152 |
| Revenue growth (YoY) | +98.8% | -10.5% | -45.2% | +16.8% | -28.2% | -37.9% | - | - |
| Other income | 16.71 | 19.16 | 22.70 | 15.62 | 26.25 | 21.79 | 24.77 | 22.04 |
| EBITDA | 131 | 35.05 | 49.57 | 66.50 | 64.63 | 64.23 | 138 | 44.20 |
| EBITDA margin | +37.9% | +24.7% | +27.8% | +37.4% | +37.2% | +40.6% | +42.4% | +29.0% |
| Depreciation | 8.73 | 7.86 | 5.84 | 6.49 | 5.71 | 6.34 | 4.75 | 3.81 |
| Interest | 1.13 | 1.09 | 2.02 | 2.75 | 2.04 | 3.46 | 3.95 | 2.96 |
| Profit before tax | 138 | 45.26 | 64.41 | 72.88 | 83.13 | 76.22 | 154 | 59.47 |
| Tax | 35.81 | 13.41 | 17.17 | 17.18 | 21.23 | 23.14 | 40.24 | 16.80 |
| Net profit | 102 | 31.85 | 47.24 | 55.70 | 61.90 | 53.08 | 114 | 42.67 |
| EPS (₹) | 9.97 | 3.83 | 3.51 | 6.09 | 6.61 | 5.31 | 11.24 | 4.42 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 688 | 974 | 440 | 219 | 69.75 | 54.64 | 149 |
| Revenue growth | -29.4% | +121.4% | +101.0% | +213.8% | +27.7% | -63.4% | - |
| Other income | 86.36 | 58.39 | 17.33 | 9.25 | 5.38 | 3.02 | 1.93 |
| Total expenses | 443 | 591 | 259 | 146 | 65.47 | 47.27 | 86.57 |
| Employee cost | 127 | 88.63 | 58.97 | 35.92 | 21.01 | 15.60 | 19.64 |
| EBITDA | 245 | 382 | 181 | 72.62 | 4.28 | 7.37 | 62.72 |
| EBITDA margin | +35.6% | +39.3% | +41.1% | +33.2% | +6.1% | +13.5% | +42.0% |
| Depreciation | 24.39 | 15.41 | 9.68 | 6.06 | 4.83 | 4.95 | 4.57 |
| Interest | 10.29 | 19.38 | 2.28 | 4.08 | 1.53 | 1.09 | 3.35 |
| Profit before tax | 297 | 406 | 186 | 71.73 | 3.30 | 4.35 | 56.73 |
| Tax | 78.72 | 107 | 56.65 | 21.76 | 0.69 | 1.59 | (1.91) |
| Net profit | 192 | 280 | 126 | 41.34 | 2.13 | 3.10 | 58.86 |
| Net profit margin | +28.0% | +28.8% | +28.7% | +18.9% | +3.1% | +5.7% | +39.4% |
| EPS (₹) | 21.43 | 31.04 | 15.22 | 5.38 | 0.25 | 0.39 | 7.62 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 9.03 | 9.03 | 8.40 | 7.95 | 7.95 | 7.95 | 7.72 |
| Reserves & surplus | 1,880 | 1,692 | 440 | 231 | 198 | 196 | 179 |
| Shareholders' funds (net worth) | 1,889 | 1,701 | 449 | 316 | 283 | 204 | 191 |
| Minority interest | 60.02 | 35.22 | 17.66 | 14.11 | 6.88 | 6.25 | 6.59 |
| Secured loans | 3.04 | 54.10 | 0.08 | 1.60 | 0.11 | 0.80 | 1.34 |
| Unsecured loans | 15.48 | 23.61 | 5.95 | 5.15 | 14.64 | 1.16 | 1.18 |
| Total debt | 18.52 | 77.71 | 6.03 | 6.75 | 14.75 | 1.96 | 2.52 |
| Total liabilities | 1,987 | 1,825 | 476 | 340 | 307 | 214 | 202 |
| Assets | |||||||
| Gross block | 346 | 299 | 155 | 127 | 113 | 111 | 109 |
| Net block | 239 | 208 | 93.38 | 75.24 | 67.38 | 69.57 | 72.55 |
| Capital work in progress | 15.44 | 7.26 | 10.88 | 1.92 | 2.52 | 0.00 | 0.00 |
| Investments | 6.22 | 4.03 | 0.00 | 2.24 | 2.24 | 2.24 | 2.24 |
| Inventories | 188 | 119 | 169 | 49.00 | 24.95 | 14.69 | 14.04 |
| Sundry debtors | 224 | 410 | 184 | 85.39 | 31.69 | 18.60 | 46.51 |
| Cash & bank balances | 355 | 401 | 158 | 167 | 82.87 | 40.28 | 25.08 |
| Loans & advances | 787 | 874 | 107 | 74.78 | 136 | 56.54 | 30.83 |
| Total current assets | 1,554 | 1,804 | 618 | 377 | 275 | 130 | 116 |
| Total current liabilities | 168 | 224 | 268 | 134 | 62.25 | 9.03 | 12.13 |
| Net working capital | 1,386 | 1,580 | 350 | 243 | 213 | 121 | 104 |
| Total assets | 1,987 | 1,825 | 476 | 340 | 307 | 214 | 202 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 74.15 | 36.71 | 112 | 21.04 | 20.93 | 15.81 | (22.43) |
| Net cash from operating activities | 245 | 31.03 | 13.42 | 116 | (44.26) | 5.90 | 62.43 |
| Net cash from investing activities | (162) | (1,000) | (85.24) | (3.69) | (43.61) | (9.77) | (11.76) |
| Net cash from financing activities | (78.32) | 1,007 | (3.30) | (21.88) | 87.98 | 8.98 | (12.42) |
| Net change in cash | 4.78 | 37.45 | (75.12) | 90.79 | 0.12 | 5.12 | 38.24 |
| Closing cash | 355 | 401 | 158 | 167 | 82.87 | 40.28 | 25.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -29.4% | +121.4% | +101.0% | +213.8% | +27.7% | -63.4% | - |
| EBITDA growth | -36.0% | +111.6% | +148.9% | +1596.7% | -41.9% | -88.3% | - |
| PBT growth | -27.0% | +118.1% | +159.5% | +2073.6% | -24.1% | -92.3% | +407.9% |
| Net income growth | -31.4% | +122.0% | +205.3% | +1840.9% | -31.3% | -94.7% | - |
| Revenue CAGR (3Y) | +46.5% | +140.8% | +100.4% | +13.6% | -8.9% | -3.9% | +41.6% |
| EBITDA CAGR (3Y) | +50.0% | +347.1% | +190.6% | +5.0% | -36.4% | -13.4% | +147.4% |
| Profitability & leverage | |||||||
| Net income margin | +31.7% | +30.7% | +29.4% | +22.8% | +3.7% | +5.1% | +39.3% |
| Return on capital employed | +16.5% | +37.8% | +48.1% | +24.2% | +1.9% | +2.7% | +32.2% |
| Return on net worth | +12.1% | +27.9% | +33.9% | +16.7% | +1.1% | +1.4% | +35.9% |
| Debt / equity | 0.03 | 0.04 | 0.02 | 0.04 | 0.03 | 0.01 | 0.14 |
| Long-term debt / equity | 0.02 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 |
| Interest cover | 4.67 | 5.28 | 1.33 | 6.13 | -278.18 | 45.04 | 5.76 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.13 | 4.29 | 3.13 | 1.82 | 0.62 | 0.50 | 1.46 |
| Inventory turnover | 4.47 | 6.75 | 4.03 | 5.92 | 3.52 | 3.80 | 6.05 |
| Debtors turnover | 2.17 | 3.27 | 3.26 | 3.74 | 2.77 | 1.68 | 2.49 |
| EPS (₹) | 21.43 | 31.04 | 15.22 | 5.38 | 0.25 | 0.39 | 7.62 |
| Dividend per share (₹) | 1.00 | 2.00 | 1.00 | 0.20 | 0.10 | 0.10 | 0.40 |
| Book value per share (₹) | 209.22 | 188.36 | 53.38 | 30.04 | 25.87 | 25.71 | 24.20 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 309 | 103 | 71.90 | 116 | 125 | 111 | 294 | 142 |
| Revenue growth (YoY) | +148.1% | -7.3% | -75.5% | -17.9% | -48.4% | -56.3% | - | - |
| Other income | 14.50 | 17.52 | 19.95 | 14.34 | 22.99 | 19.89 | 24.36 | 21.96 |
| Total expenses | 212 | 74.74 | 68.31 | 63.56 | 82.86 | 73.01 | 199 | 105 |
| EBITDA | 97.28 | 28.22 | 3.59 | 52.59 | 41.79 | 38.05 | 94.38 | 36.73 |
| EBITDA margin | +31.5% | +27.4% | +5.0% | +45.3% | +33.5% | +34.3% | +32.2% | +26.0% |
| Depreciation | 5.17 | 4.70 | 3.72 | 3.58 | 3.32 | 3.07 | 2.94 | 2.60 |
| Interest | 0.52 | 0.53 | 0.62 | 1.00 | 0.43 | 1.38 | 3.61 | 2.73 |
| Profit before tax | 106 | 40.51 | 19.20 | 62.35 | 61.03 | 53.49 | 112 | 53.36 |
| Tax | 26.90 | 11.30 | 4.45 | 14.52 | 14.88 | 16.36 | 27.27 | 14.75 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 424 | 931 | 430 | 161 | 53.71 | 49.57 | 147 |
| Revenue growth | -54.5% | +116.3% | +166.5% | +200.6% | +8.4% | -66.3% | - |
| Other income | 77.17 | 57.78 | 16.34 | 9.05 | 5.28 | 2.91 | 1.91 |
| Total expenses | 288 | 617 | 253 | 110 | 51.99 | 41.81 | 83.38 |
| Employee cost | 56.02 | 56.89 | 43.13 | 22.79 | 14.82 | 12.73 | 16.68 |
| EBITDA | 136 | 314 | 177 | 51.28 | 1.72 | 7.76 | 63.60 |
| EBITDA margin | +32.1% | +33.7% | +41.2% | +31.8% | +3.2% | +15.7% | +43.3% |
| Depreciation | 13.69 | 10.09 | 7.32 | 4.38 | 3.73 | 3.99 | 3.75 |
| Interest | 3.43 | 9.42 | 1.84 | 2.03 | 1.40 | 1.00 | 3.18 |
| Profit before tax | 196 | 352 | 184 | 53.92 | 1.87 | 5.68 | 58.58 |
| Tax | 50.22 | 89.04 | 55.18 | 16.29 | (0.16) | 1.58 | (1.95) |
| Net profit | 146 | 263 | 128 | 36.23 | 2.19 | 4.10 | 60.62 |
| Net profit margin | +34.4% | +28.3% | +29.6% | +22.4% | +4.1% | +8.3% | +41.2% |
| EPS (₹) | 16.15 | 29.12 | 15.38 | 4.73 | 0.25 | 0.52 | 7.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 9.03 | 9.03 | 8.40 | 7.95 | 7.95 | 7.95 | 7.72 |
| Reserves & surplus | 1,813 | 1,680 | 445 | 234 | 206 | 205 | 187 |
| Shareholders' funds (net worth) | 1,822 | 1,689 | 453 | 319 | 292 | 213 | 199 |
| Secured loans | 0.00 | 52.20 | 0.00 | 1.60 | 0.11 | 0.85 | 0.88 |
| Unsecured loans | 2.24 | 2.13 | 1.13 | 4.34 | 12.22 | 0.09 | 0.00 |
| Total debt | 2.24 | 54.33 | 1.13 | 5.94 | 12.33 | 0.94 | 0.88 |
| Total liabilities | 1,828 | 1,747 | 457 | 327 | 306 | 216 | 201 |
| Assets | |||||||
| Gross block | 205 | 169 | 132 | 114 | 102 | 101 | 99.52 |
| Net block | 128 | 105 | 78.55 | 67.40 | 59.10 | 62.07 | 64.43 |
| Capital work in progress | 15.12 | 7.03 | 10.66 | 1.92 | 2.52 | 0.00 | 0.00 |
| Investments | 284 | 218 | 26.31 | 24.34 | 24.34 | 24.09 | 15.90 |
| Inventories | 83.94 | 51.02 | 133 | 41.12 | 14.17 | 8.64 | 10.35 |
| Sundry debtors | 132 | 378 | 169 | 66.16 | 19.55 | 17.39 | 44.38 |
| Cash & bank balances | 223 | 274 | 142 | 147 | 76.10 | 33.28 | 18.52 |
| Loans & advances | 770 | 840 | 131 | 36.72 | 140 | 56.25 | 29.93 |
| Total current assets | 1,208 | 1,543 | 576 | 291 | 250 | 116 | 103 |
| Total current liabilities | 103 | 129 | 255 | 119 | 51.99 | 7.87 | 12.13 |
| Net working capital | 1,105 | 1,415 | 321 | 172 | 198 | 108 | 91.05 |
| Total assets | 1,828 | 1,747 | 457 | 327 | 306 | 216 | 201 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 34.24 | 26.06 | 92.90 | 14.70 | 14.37 | 9.63 | (22.45) |
| Net cash from operating activities | 229 | 31.02 | 21.35 | 99.28 | (43.81) | 12.69 | 64.45 |
| Net cash from investing activities | (164) | (1,040) | (81.98) | (2.69) | (43.16) | (17.63) | (11.00) |
| Net cash from financing activities | (70.27) | 1,017 | (6.21) | (18.40) | 87.31 | 9.67 | (21.38) |
| Net change in cash | (5.27) | 8.17 | (66.84) | 78.20 | 0.34 | 4.74 | 32.08 |
| Closing cash | 223 | 274 | 142 | 147 | 76.10 | 33.28 | 18.52 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -54.5% | +116.3% | +166.5% | +200.6% | +8.4% | -66.3% | - |
| EBITDA growth | -56.6% | +77.0% | +245.6% | +2881.4% | -77.8% | -87.8% | - |
| PBT growth | -44.3% | +90.9% | +242.0% | +2783.4% | -67.1% | -90.3% | +242.6% |
| Net income growth | -44.5% | +106.2% | +252.1% | +1554.3% | -46.6% | -93.2% | - |
| Revenue CAGR (3Y) | +38.0% | +158.8% | +105.5% | +3.2% | -16.5% | +8.4% | +33.4% |
| EBITDA CAGR (3Y) | +38.4% | +467.1% | +183.7% | -6.9% | -57.6% | - | +76.2% |
| Profitability & leverage | |||||||
| Net income margin | +34.4% | +28.3% | +30.0% | +23.3% | +3.8% | +8.3% | +41.2% |
| Return on capital employed | +11.2% | +32.8% | +47.5% | +17.7% | +1.4% | +3.2% | +32.0% |
| Return on net worth | +8.3% | +24.6% | +33.5% | +12.3% | +0.9% | +2.0% | +35.6% |
| Debt / equity | 0.02 | 0.03 | 0.01 | 0.03 | 0.03 | 0.00 | 0.13 |
| Long-term debt / equity | 0.01 | 0.02 | 0.00 | 0.01 | 0.01 | 0.00 | 0.03 |
| Interest cover | 2.80 | 3.10 | 1.08 | 4.33 | -69.65 | 26.53 | 5.31 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.27 | 6.18 | 3.49 | 1.50 | 0.53 | 0.49 | 1.52 |
| Inventory turnover | 6.28 | 10.09 | 4.93 | 5.84 | 4.71 | 5.22 | 6.44 |
| Debtors turnover | 1.66 | 3.40 | 3.66 | 3.77 | 2.91 | 1.60 | 2.50 |
| EPS (₹) | 16.15 | 29.12 | 15.38 | 4.73 | 0.25 | 0.52 | 7.84 |
| Dividend per share (₹) | 1.00 | 2.00 | 1.00 | 0.20 | 0.10 | 0.10 | 0.40 |
| Book value per share (₹) | 201.79 | 187.06 | 53.92 | 30.42 | 26.97 | 26.81 | 25.18 |
Investments & Acquisitions by Zen Technologies
Zen Technologies has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include ARI Applied Research International, TISA Aerospace and Unistring Tech Solutions.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of aviation and aerospace services | tisaaerospace.com | Hyderabad, India | 2020 | Jun 2025 | •••• | |
Electric propulsion systems are manufactured for UAVs and robotics applications. | vectortechnics.com | Hyderabad, India | 2018 | Feb 2025 | •••• | |
Maritime education, training courses, and simulations in India. | ariedu.com | 0 | Feb 2025 | •••• | ||
Electronic warfare systems are designed and supplied for armed forces. | unistring.com | Hyderabad, India | 2007 | Aug 2018 | $1M |
Complete acquisition details for Zen Technologies
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Timeline of Zen Technologies
7 dated milestones of Zen Technologies across 32 years, from founding to its latest funding, stage changes and deals.
- Founded Zen Technologies is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Unistring Tech Solutions.
- Funding First funding round of $119.2M.
- Acquisition Acquires ARI Applied Research International.
- Acquisition Acquires Vector Technics.
- Acquisition Acquires TISA Aerospace.
Web traffic of Zen Technologies
The website of Zen Technologies (zentechnologies.com) receives about 33.8K visits a month.
- Monthly visits33.8K
▲ 31.7% vs previous month
Websites whose visitors overlap most with Zen Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| parasdefence.com | 100% | 12K | #2,109,200 | View details | |
| bel-india.in | 90% | 567.4K | #59,434 | View details | |
farosindia.com | farosindia.com | 56% | – |
Top companies in Drone & Aerial Mobility
2 companies that operate in the same segment as Zen Technologies (Drone & Aerial Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of unmanned aerial vehicles | 2007 | Navi Mumbai, Maharashtra, India | USD 53.82 M | USD 26.48 M | 531 | |
Manufacturer of drones and provider of drone-based solutions across various sectors | 2015 | Chennai, Tamil Nadu, India | USD 59.3 M | USD 12.94 M | 130 |
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Frequently Asked Questions about Zen Technologies
Zen Technologies was founded in 1993 and raised its 1st funding round 31 years after it was founded.
Zen Technologies is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Zen Technologies has 355 employees.
The primary company behind Zen Technologies, Zen Technologies Limited, reported revenue of ₹774 Cr for FY 2026, down 29% year on year.
Zen Technologies was established in 1993 in Hyderabad, India, as a provider of training simulation solutions within the defense sector. Live and virtual systems are offered for applications including firearms, tanks, driving, mining, and unmanned aerial vehicles. Operations center on developing and delivering these simulation technologies to support defense training needs across various domains.
Zen Technologies offers Anti Drone System, Combat Training Centre, Live Ranges, and Virtual Simulation.
Yes, Zen Technologies is publicly traded on NSE under the ticker symbol ZENTEC.
Zen Technologies has made 4 acquisitions, including ARI Applied Research International, TISA Aerospace, and Unistring Tech Solutions.
Zen Technologies has 4 investors. Key investors include Kotak Mutual Fund, Bandhan Mutual Fund, WhiteOak Capital Asset Management, and Motilal Oswal Asset Management Company.
Zen Technologies is associated with 3 legal entities: Zen Technologies Limited, Zen Medical Technologies Private Limited, Zen Skillproc Private Limited.
The legal entities of Zen Technologies currently have 12 directors, including Ravi Kumar Midathala, Ashok Atluri, Gnanadurai Prabagar and others.
