Synopsis:
Zen Technologies Limited has received a Rs. 37 crore order from the Ministry of Defence, Government of India, for supplying its advanced Anti-Drone Systems with Hard Kill. The contract is domestic and will be executed within a year.
This company designs, develops and manufactures combat training solutions and Counter-drone solutions for defense and security forces is now in the focus after securing order from the Ministry of Defence.
With market capitalization of Rs. 12,816 cr, the shares of Zen Technologies Limited are closed at Rs. 1,419 per share, from its previous close of Rs. 1,414.30 per share.
Fresh order
Zen Technologies Limited has announced that it has received an order worth approximately Rs. 37 crore from the Ministry of Defence, Government of India, for the supply of Anti-Drone Systems with Hard Kill.
The order is domestic in nature and is scheduled to be executed within one year. The company clarified that neither the promoters nor the promoter group have any interest in the awarding entity, and the contract does not involve any related party transactions.
This development reflects Zen Technologies growing presence in the defence technology sector and underscores the company’s commitment to supplying advanced security solutions to governmental agencies.
About the company
Zen Technologies Limited is an Indian defense technology company headquartered in Hyderabad. Established in 1993, it specializes in designing, developing, and manufacturing advanced combat training simulators and counter-drone systems for defense and security forces worldwide.
The company’s product portfolio includes over 40 indigenously developed solutions, such as live, virtual, and constructive training systems, as well as anti-drone technologies for safeguarding borders and critical infrastructure.
The company’s sales dropped sharply from Rs. 325 crore in Q4 FY25 to Rs. 158 crore in Q1 FY26. Operating profit fell from Rs. 138 crore to Rs. 64 crore, while net profit decreased from Rs. 114 crore to Rs. 53 crore during the same period.
The company reports a ROCE of 37.2% and a ROE of 26.1%, reflecting a strong return profile. It has delivered impressive profit growth, with a 5-year CAGR of 36.6%, and has maintained a solid ROE track record, averaging 25.5% over the past three years.
Written by Manideep Appana
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