Tipsheet
What matters at India’s listed companies
Notes / Company

Zen Technologies Ltd.

ZENTEC BSE 533339 ISIN INE251B01027 Defence

Fundamentals

Market cap
₹16,001 cr
P/E
82.71×
ROE
16.48%
Debt / equity
0.03
Div yield
0.05%
52-week range
1224.00 — 2025.15
Research on Tijori Finance

Analysis — the numbers vs the call

Company snapshot

Zen Technologies Ltd.

Defence
₹15,255 cr
P/E 84.67×

Latest quarter · Jun 2026

Sales₹142 cr
Net profit₹32 cr
Op. margin+27.3%
EPS₹3.82

Strength & growth

Debt / equity0.03×
Current ratio6.57×
Sales CAGR+41.7%
EPS CAGR+37.8%
Financials via Tijori — a research aid, not investment advice.ZENTEC on Tijori

The timeline — 8 notes on Zen Technologies Ltd.

July 2026

  1. 27 Jul 26 · 5:42 PM IST Brief
    Brief · Earnings · Mid cap

    Zen Tech misses margin target, trims order outlook

    Q1 revenue of ₹142 crore and EBITDA margin of 27.3% missed the 35% guide. The year-end order book target was cut to ~₹2,500 crore from ₹2,500-3,000 crore, citing government procurement delays.

  2. 26 Jul 26 · 11:24 PM IST Brief
    Brief · Earnings · Mid cap

    Zen Tech's ₹1,239 cr order book, new products lift outlook

    Q1 revenue of ₹141.64 cr matches expectations. Order book swells to ₹1,239 cr and a ₹177.5 cr simulator order came in July. New anti-drone, interceptor drone, and first Air Force simulator entry broaden the addressable market.

  3. 26 Jul 26 · 12:19 PM IST Brief
    Brief · Mid cap

    Zen Tech's new anti-drone system targets high altitudes, but revenue stays low

    On Kargil Vijay Diwas, Zen Tech unveiled India's first man-portable counter-drone system for high altitudes. But no contract was announced, and the company's Q1 just showed profit down 28%.

  4. 25 Jul 26 · 6:20 PM IST Brief
    Brief · Earnings · Mid cap

    Zen Tech's Q1 slips as ₹1,000 cr QIP cash sits idle

    Revenue and profit decline YoY; board extends QIP deployment timeline by two years, raising questions about capital allocation pace.

  5. 25 Jul 26 · 6:12 PM IST Brief
    Brief · Earnings · Mid cap

    Zen Tech Q1 slips as revenue, profit fall and order book shrinks

    Revenue down 10% YoY to ₹141.64 cr; net profit drops 28% to ₹34.46 cr. Order book declines, and the ₹1,000 cr QIP cash now has two more years to sit idle. A quarter that leaves the 82x P/E multiple feeling heavy.

  6. 25 Jul 26 · 6:06 PM IST Brief
    Brief · Earnings · Mid cap

    Zen Tech Q1 profit drops 28%; QIP deadline pushed to 2028

    Revenue slipped 10% to ₹141.64 cr; order book at ₹1,239 cr. Board extends QIP deployment timeline by 24 months, citing acquisition delays.

  7. 21 Jul 26 · 2:37 PM IST Lead
    Lead · Order Wins · Mid cap

    Zen Technologies lands ₹177.5 cr defence simulator upgrade order

    The order from the Ministry of Defence is roughly 25% of FY26 revenue, giving clear visibility for FY27 execution within a year.

Verify on exchange BSE filings for ZENTEC NSE filings for ZENTEC Tijori Finance company page