Synopsis:- Shares jumped nearly 9% after securing a ₹404 crore defence order, including ₹332 crore for anti-drone systems. The diversified order book stands at ₹675 crore, backed by strong domestic demand and 57 Indian patents, underscoring execution strength and innovation focus.
The shares of the drone solution provider gained up to 9 percent in today’s trading session after the company secured a significant work order from the Ministry of Defence, Government of India worth Rs 404 crore.
With a market capitalisation of Rs 11,991.46 crore, the shares of ZEN Technologies Ltd were trading at Rs 1,323.95 per share, increasing around 9 percent as compared to previous closing price of Rs 1,228.50 apiece.
Significant order
The shares of ZEN Technologies Ltd have seen positive movement after receiving orders aggregating to Rs 404 crores from the Ministry of Defence, Government of India. These comprise orders worth Rs 332 crores for the supply of Anti-Drone Systems / Counter Unmanned Aerial Systems (C-UAS) and Rs 72 crores for Training Simulators and Equipment. The order should be executed within a year.
Financial & other Highlights
The company reported revenue fallen of 28%, rising from Rs 242 crore in Q2FY25 to Rs 174 crore in Q2FY26. However, net profit declined 2%, easing from Rs 63 crore to Rs 62 crore, indicating margin pressure despite healthy top-line expansion.
The consolidated order book declined to Rs 675.04 crore as of 30 September 2025 from Rs 754.56 crore on 1 July 2025. During Q2FY26, the company secured new orders worth Rs 94.05 crore while executing orders worth Rs 173.57 crore. Execution outpaced inflows, leading to a net moderation in the order backlog, despite steady project activity.
ZEN Technologies Ltd’s order book of Rs 675.04 crore remains well diversified. Domestic orders dominate at Rs 554.12 crore, reflecting strong local demand, while export orders contribute Rs 120.92 crore, providing geographical balance and reducing dependence on any single market.
Earlier, Zen Technologies said it received an Indian patent for its 60 mm Mortar Simulator, marking another milestone in its innovation journey. With this grant, the company’s portfolio now stands at 57 Indian patents and 85 patents globally, including the eighth patent in 2025, highlighting its strong focus on indigenous R&D and defence training technologies.
Zen Technologies is an Indian defence technology company specialising in simulation-based training solutions for armed and security forces. It designs and manufactures advanced combat simulators, anti-drone systems, and training equipment, with a strong emphasis on indigenous R&D, innovation, and intellectual property creation.
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