Zen Technologies Limited
Zen Technologies Limited operates in Aerospace & Defense, part of the Capital Goods sector. It booked ₹345 cr of revenue in its latest quarter (Q2 FY27) and kept 25.9% of sales as profit. It is the 9th largest of 9 Aerospace & Defense companies we track, by market value.
“Zen Technologies USA is primarily dedicated to offering combat training products to defense and security Changes in Key Managerial Personnel (KMP) customers worldwide.”
“Zen Medical Director is primarily involved in the field of medical and hospital 3.”
“to be a leader in the Indian defence sector, but to represent the country’s capabilities on the world stage.”
“To be the global leader in defence We are committed to enhancing training solutions and anti-drone the combat readiness of armed technologies, empowering forces through innovative, 10,655.”
Healthier than 77% of companies in Capital Goods, on all six measures of filed financials. Each measure is ranked against the 81–127 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 58
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in ZENTEC?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own revenue trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹345 cr |
| Other Income | ₹17 cr |
| Total Income | ₹362 cr |
| Cost of Materials | ₹144 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Inventory Change (±) | ₹-31 cr |
| Employee Benefit Expense | ₹45 cr |
| Finance Costs | ₹1 cr |
| Depreciation & Amortisation | ₹9 cr |
| Other Expenses | ₹55 cr |
| Total Expenses | ₹223 cr |
| Profit before Tax | ₹139 cr |
| Tax Expense | ₹36 cr |
| Share of JV / Associates | ₹-1 cr |
| Net Profit | ₹102 cr |
| Net margin on total income | 28.2% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 178 cr | 142 cr | 345 cr |
| Total income | 201 cr | 161 cr | 362 cr |
| Expenses | 135 cr | 112 cr | 223 cr |
| Profit before tax | 66 cr | 46 cr | 139 cr |
| Tax | 17 cr | 13 cr | 36 cr |
| Net profit (owners' share) | 32 cr | 34 cr | 90 cr |
| Net margin (owners' share, on revenue) | 17.7% | 24.3% | 25.9% |
| EPS (₹) | 3.51 | 3.83 | 9.97 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Hindustan Aeronautics Limited | ₹4,959 | ₹3.32 L cr | 52.2 | 15.5% | 28.8% | — |
| Bharat Electronics Limited | ₹380 | ₹2.78 L cr | 45.0 | 23.5% | 21.0% | — |
| Centum Electronics Limited | ₹4,154 | ₹57,594 cr | 136.5 | 123.8% | 52.0% | — |
| Bharat Dynamics Limited | ₹1,017 | ₹37,279 cr | 78.5 | 11.2% | 20.8% | — |
| Garden Reach Shipbuilders & Engineers Limited | ₹2,131 | ₹24,411 cr | 35.3 | 26.3% | 9.5% | — |
| Data Patterns (India) Limited | ₹3,950 | ₹22,120 cr | 250.6 | 5.1% | 19.0% | — |
| AXISCADES Technologies Limited | ₹1,844 | ₹16,398 cr | — | -8.2% | -8.1% | — |
| SIGMA ADVANCED SYSTEMS LIMITED | ₹895 | ₹15,764 cr | 111.3 | 20.4% | 6.4% | — |
| Zen Technologies Limitedthis company | ₹1,711 | ₹15,445 cr | 42.9 | 18.0% | 25.9% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹1 / share | 21 Aug 2026 |
| Dividend | ₹2 / share | 14 Aug 2025 |
| Dividend | ₹1 / share | 6 Sep 2024 |
| Dividend | ₹0.2 / share | 8 Sep 2023 |
| Dividend | ₹0.1 / share | 21 Sep 2022 |
| Dividend | ₹0.1 / share | 18 Aug 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 8 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
As of Sep 2026, the company says it has spent 75% of what it set aside, leaving ₹242 cr still to be spent. CRISIL Ratings Limited watches the spending on the exchange’s behalf.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing