Defence stock engaged in the business of designing, developing, and manufacturing State-of-the-art combat Training Solutions for the training of Defence & Security Forces jumped upto 4 percent in the day’s trade upon receiving a new patent for Crew Gunnery Simulator System.
Price Action
With a market capitalization of Rs. 22,916 Crores, the shares of Zen Technologies Limited were trading at Rs. 2,538 per equity share, up 2.63 percent from its previous day’s close price of Rs. 2,473.05.
What Happened
Zen Technologies Limited has announced that it has been granted a new patent from the Indian Government for T-72 Containerized Crew Gunnery Simulator System, marking its 11th Patent awarded in the financial year 2024-25, further strengthening its hold in cutting-edge military training technologies.
The T-72 Containerized Crew Gunnery Simulator System is an advanced training platform designed to enhance the gunnery skills of T-72 tank commanders and gunners, providing an immersive and interactive experience, replicating battlefield conditions and operational tasks to ensure realistic and effective training.
A key highlight of the T-72 CGS is its containerized design, allowing for rapid deployment and cost-effective, localized training solutions. By simulating critical operations like target acquisition, ammunition selection, and firing, the T-72 CGS prepares personnel for real-world combat scenarios.
The system incorporates innovative features like a motion platform to simulate battlefield dynamics and highly customizable training scenarios, supporting both individual proficiency and crew integration exercises. It reflects Zen Technologies Ltd’s commitment to self-reliance and indigenization, aligning with India’s vision to further strengthen its defence manufacturing capabilities.
About the Company
Zen Technologies Limited is engaged in the business of designing, developing, and manufacturing state-of-the-art Combat Training Solutions for the training of Defence & Security Forces worldwide.
As of Q2FY25 Zen Technologies Limited has a strong order book of Rs. 956.74 Crores, consisting of annual maintenance contracts for Rs. 288.69 Crores and supply of equipment for Rs. 668.05 Crores, followed by revenue segmentation where the supply of equipment generates 96.49 percent of the revenue and 3.50 percent from AMC contracts.
Zen Technologies Limited’s total order book of Rs. 956.74 Crores segmental breakup consists of training simulators and equipment for Rs. 484.96 Crores and Anti-Drone Systems for Rs. 471.79 Crores,
Financials & Ratios
Its revenue from operations grew by 248 percent from Rs. 71.84 Crores in Q2FY24 to Rs. 250.31 Crores in Q2FY25, accompanied by profits of Rs. 15.28 Crores to Rs. 62.67 Crores.
In terms of return ratios, it has reported a return on equity (ROE) of 13.13 percent and a return on capital employed (ROCE) of 17.98 percent. In terms of liquidity, it has reported a debt-to-equity ratio of 0.04.
Written by: Bharath K.S
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