- Valuation
- ₹16,800 Cr

About Zen Technologies Limited
Data last updated:
Zen Technologies Limited is a public limited company based in Sanathnagar, Telangana, India. It operates in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 29 June 1993 and has been in existence for over 33 years.
Zen Technologies is part of the Nifty 500 and BSE 500 indices. Its director Kishore Dutt Atluri is #633 among India's richest people (2026). Its director Ashok Atluri is #641 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L72200TG1993PLC015939. Its GSTIN is 36AAACZ0677K1ZY (Telangana). The company holds 8 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 533339 and NSE: ZENTEC.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹9.03 Cr. It was formerly known as Zen Technologies & Computers Ltd. It is led by directors including Kishore Dutt Atluri (Managing Director) and Ashok Atluri (Managing Director).
Its last annual general meeting (AGM) was held on 29 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at B – 42 Industrial Estate, Sanathnagar, Telangana, India – 500018.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹687.69 Cr, a decline of 29.4% compared to the previous year. For the same year it recorded a net profit of ₹192.23 Cr (net margin 28%) and EBITDA of ₹244.96 Cr (EBITDA margin 35.6%). The net worth stands at ₹1,889.06 Cr (up 11.1% YoY). Total assets are valued at ₹1,987.42 Cr (up 8.9% YoY).
The company has about 299 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 3 brands: EquiZen, Job At World and Zen Technologies. As per MCA filings, the company has open charges of ₹386 Cr and satisfied charges of ₹296.61 Cr on record. Court records list 29 cases involving the company, including 12 filed by the company and 17 filed against it; 7 cases are pending. The company has 37 deals on record (35 market trades, 1 qip, 1 funding round), with disclosed funding of ₹100 Cr; the latest was in February 2025. The company has 10 MSME Form 1 returns on record between 2019 and 2023, listing 374 overdue payments to 112 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zen.in.
Company details
CIN history
Zen Technologies has one previous CIN (Corporate Identification Number): L72200AP1993PLC015939. The current CIN is L72200TG1993PLC015939, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72200TG1993PLC015939 | Current |
| L72200AP1993PLC015939 | Previous |
Recognitions & Rankings of Zen Technologies
- #633 Kishore Dutt Atluri ₹5,100 Cr
- #641 Ashok Atluri ₹5,000 Cr
Contact details
Zen Technologies Limited's registered office is in Sanathnagar, Telangana. Its website is zen.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 42 Industrial Estate, Sanathnagar, Telangana, India – 500018
- IndustryAerospace, Maritime and Defense, Defence Accessories & Components
To see the full contact details of Zen Technologies Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Zen Technologies operates multiple associated brands including EquiZen, Job At World, and Zen Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers investment advice, management consulting, and financial education services. | equizen.in | |
| Operates an online job portal for multi-industry opportunities. | jobatworld.com | |
| Live and virtual training simulations for defense are provided. | zentechnologies.com |
Business activity
The main business activities of Zen Technologies are manufacturing and support service to organizations. In detail, this covers manufacture of computer, electronic and optical products and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 26 | Manufacture of computer, electronic and optical products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Zen Technologies Limited, buy the company report.
Financials of Zen Technologies Limited
FY 2025-26 filings availableZen Technologies Limited reported revenue of ₹687.69 Cr (down 29.4% YoY) for FY 2025-26.
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 |
To see the full year-wise statements and ratios of Zen Technologies Limited, buy the company report.
Board of directors of Zen Technologies Limited
Zen Technologies has 7 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Choudari Also directs: Unistring Tech Solutions Private Limited, Misty Vale Retreat LLP, Vensam Infrastructure (India) Pvt Ltd and 1 more | Whole-Time Director | 01 Nov 2020 | 6 Years 0 Months | Current |
| Kishore Dutt Atluri | Managing Director | 01 Aug 2022 | 4 Years 3 Months | Current |
| Ashok Atluri Also directs: Zen Medical Technologies Private Limited, Ari Labs Private Limited, Unistring Tech Solutions Private Limited and 3 more | Managing Director | 01 Oct 2007 | 19 Years 1 Months | Current |
| Durga Prasad Kode | Director | 28 Mar 2025 | 1 Years 7 Months | Current |
| Sanjay Vijay Singh Jesrani Also directs: Visaka Industries Ltd., Unimed Health Care Private Limited | Director | 27 Jan 2024 | 2 Years 9 Months | Current |
| Uma Priyadarshini Kollareddy | Director | 04 Aug 2026 | 0 Years 3 Months | Current |
Auditor
Zen Technologies Limited is audited by RAMASAMY KOTESWARA RAO AND CO. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMASAMY KOTESWARA RAO AND CO. LLP | FY 2025 | 010396S/S200084 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 48.50%, foreign institutional investors hold 6.50%, domestic institutional investors hold 10.40% and retail and other public shareholders hold 34.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 48.50% | 48.50% | 48.50% | 48.50% |
| Public | 51.50% | 51.50% | 51.50% | 51.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Apr 2023 | 100726083 | Axis Bank Limited | ₹30 Cr | Open | |
| 14 Mar 2023 | 100696589 | Others | ₹75 Cr | Open | |
| 11 Nov 2022 | 100643563 | Others | ₹18 Cr | Open | |
| 22 Aug 2022 | 100605371 | Indian Bank | ₹50 Cr | Open | |
| 30 Dec 2019 | 100317997 | Hdfc Bank Limited | ₹213 Cr | Open |
To see the full charge records of Zen Technologies Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Zen Technologies Limited has 37 deals on record (35 market trades, 1 qip, 1 funding round), with disclosed funding of ₹100 Cr; the latest was in February 2025.
Deals on record (5 of 37)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Market trade | ₹145 Cr | Buyer: Tata Aia Life Insurance Company Limited Seller: 3 individuals |
| Jul 2023 | Market trade | ₹324.76 Cr | Buyer: Graviton Research Capital LLP , NK Securities Research Private Limited , Qe Securities Seller: Graviton Research Capital LLP , NK Securities Research Private Limited , Qe Securities |
| Jul 2023 | Market trade | ₹76.75 Cr | Buyer: Graviton Research Capital LLP , Aakraya Research LLP , Qe Securities Seller: Graviton Research Capital LLP , Qe Securities, Aakraya Research LLP |
| Jul 2023 | Market trade | ₹30.79 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| May 2023 | Market trade | ₹16.66 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Zen Technologies Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zen Technologies Limited has 29 court cases on record: 12 filed by Zen Technologies, 17 filed against it. 7 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 12 | 5 |
| District courts | 5 | 4 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against Tecknotrove Systems India Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Reliable Road Wings Private Limited | Pending |
| High Court, UTTARPRADESH | Court case (A482) | Filed against the company by M/S Aimtrex Technologies Pvt. Ltd. | Disposed |
| High Court, UTTARPRADESH | Court case (FAFO) | Filed against the company by M/S Aimtrex Technologies Pvt. Ltd. | Disposed |
| High Court, TELANGANA | Appeal | Filed against the company by The Industrial Development Bank of India Ltd | Disposed |
To see the full case history of Zen Technologies Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Zen Technologies Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 374 overdue payments to 112 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 112)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Truecal | |||
| Quatre Agro Enterprises Private Limited | |||
| S.V.Industries | |||
| an individual supplier |
To see the full MSME payment records of Zen Technologies Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Zen Technologies has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Zen Medical Technologies Private Limited | U33119TG2020PTC142116 | |
| Aituring Technologies Private Limited | U46529PN2023PTC220275 | |
| Unistring Tech Solutions Private | U72200TG2007PTC052628 |
To see the full group structure of Zen Technologies Limited, buy the company report.
Employees & EPFO
Zen Technologies Limited has a workforce of 299 employees on its EPFO records as of Sep 24, 2025, across 2 active EPFO establishments.
GST
Zen Technologies has 8 GST registrations: 2 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACZ0677K1ZY | Telangana | Active | 01 Jul 2017 |
| 22AAACZ0677K1Z7 | Chattisgarh | Active | 07 Apr 2022 |
To see the full GST registrations and return filing status of Zen Technologies Limited, buy the company report.
Recent activity
Zen Technologies Limited has 39 board changes on record since 2004: 23 appointments and 16 cessations. The latest: Uma Priyadarshini Kollareddy was appointed as Director on 04 Aug 2026.
63 earlier events are in the company report.
News
Frequently asked questions
Zen Technologies is an active public limited company based in Sanathnagar, Telangana, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 29 June 1993 (33+ years old) and is registered under CIN L72200TG1993PLC015939. Listed on BSE: 533339 and NSE: ZENTEC.
Zen Technologies reported revenue of ₹687.69 Cr for FY 2025-26 (down 29.4% YoY) based on consolidated financials.
Zen Technologies has 7 current directors:
- Kishore Dutt Atluri - Managing Director
- Ashok Atluri - Managing Director
- Shilpa Choudari - Whole-Time Director
- Durga Prasad Kode - Director
- Sanjay Vijay Singh Jesrani - Director
- Uma Priyadarshini Kollareddy - Director
- Jasthi Krishna Kishore - Director
The latest financial statements of Zen Technologies on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Zen Technologies is 36AAACZ0677K1ZY, registered in Telangana. The company has 8 GST registrations in all, of which 2 are active and 6 are cancelled or inactive. Other active GSTINs include 22AAACZ0677K1Z7 (Chattisgarh).
The CIN (Corporate Identification Number) of Zen Technologies is L72200TG1993PLC015939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Zen Technologies is a listed company as per MCA records. Its shares are listed on both BSE (code: 533339) and NSE (symbol: ZENTEC).
Zen Technologies has 29 court cases on record: 12 filed by the company and 17 filed against it. 7 are pending. Most are in the high courts.
Zen Technologies was incorporated on 29 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Hyderabad.
Zen Technologies has 37 deals on record (35 market trades, 1 qip, 1 funding round), with disclosed funding of ₹100 Cr; the latest was in February 2025.
Uma Priyadarshini Kollareddy was appointed as Director on 04 Aug 2026. Jasthi Krishna Kishore was appointed as Director on 25 Jul 2026. Afzal Harunbhai Malkani ceased to be CFO on 01 Dec 2025. Zen Technologies has 39 board changes on record in total.

