Zen Technologies Limited (ZENTEC) AI Stock Analysis

• Market Cap: ₹126.64B
• Dividend Yield: 0.07%
• Average Volume (3M): 44.29K
• Price to Earnings (P/E): 49.7
• Beta (1Y): 1.48
• Revenue Growth: 56.09%
• EPS Growth: 49.60%
• Country: IN
• Employees: 342
• Sector: Technology
• Sector Strength: 97
• Industry: Aerospace & Defense
• EPS (TTM): 5.05
• Shares Outstanding: 90,290,360
• 10 Day Avg. Volume: 65,266
• 30 Day Avg. Volume: 44,293
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,584.00
• Price Target Upside: 10.62% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 58 Neutral
• Price Target: ₹1,584.00 ▲(10.62% Upside)

Zen Technologies Limited demonstrates strong financial health with solid profitability and a stable balance sheet. However, technical indicators suggest bearish momentum, and the high P/E ratio points to overvaluation concerns. These factors, combined with the stock's current market trends, result in a moderate overall score.

Zen Technologies Limited Business Overview & Revenue Model

Company Description

Zen Technologies Limited (ZENTEC) is an Indian company specializing in the design, development, and manufacture of advanced training simulators for military and civilian applications. Operating primarily within the defense sector, the company provides a range of innovative solutions including live and virtual training systems, unmanned aerial vehicles (UAVs), and anti-drone defense systems. Zen Technologies is committed to enhancing operational readiness and safety through cutting-edge technology and has established itself as a key player in defense training and simulation.

How the Company Makes Money

Zen Technologies Limited generates revenue through the sale of its training simulators and defense technology solutions to government and military organizations. The company's primary revenue streams include contracts for the development and supply of custom simulation systems and ongoing maintenance and support services. Zen Technologies also earns income from export sales, expanding its market presence internationally. Key factors contributing to its earnings include strategic partnerships with defense agencies, continuous investment in research and development, and its ability to address the evolving training needs of modern armed forces.

Zen Technologies Limited Financial Statement Overview

Summary

Zen Technologies Limited is in a strong financial position with consistent revenue and profit growth, a solid balance sheet, and effective cost management. While cash flow shows some volatility, the company maintains robust profitability and low leverage, providing a stable foundation for future growth.

Income Statement

Zen Technologies Limited has demonstrated strong revenue growth with notable increases in total revenue over the past years. The gross profit margin and net profit margin are healthy, indicating efficient cost management and strong profitability. EBIT and EBITDA margins are also robust, reflecting good operational performance. Revenue growth is substantial, showcasing the company's successful expansion efforts.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio, reflecting prudent financial leverage. The return on equity is impressive, indicating that the company is effectively using its equity base to generate profits. The equity ratio is high, highlighting a strong capital structure with significant shareholder equity.

Cash Flow

Zen Technologies Limited has experienced fluctuations in cash flow, with operating cash flow showing volatility. Despite this, the free cash flow to net income ratio suggests efficient cash conversion. However, the free cash flow growth rate indicates some inconsistency, which may pose challenges in sustaining long-term cash flow stability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	9.74B	9.74B	4.40B	2.19B	697.52M	546.40M
Gross Profit	5.42B	5.89B	3.11B	1.11B	525.66M	211.12M
EBITDA	4.03B	3.74B	1.98B	818.59M	96.67M	104.02M
Net Income	2.80B	2.80B	1.28B	427.38M	19.85M	31.11M
Balance Sheet
Total Assets	20.49B	20.49B	7.51B	4.74B	3.69B	2.23B
Cash, Cash Equivalents and Short-Term Investments	9.66B	9.66B	1.58B	2.22B	1.91B	823.29M
Total Debt	777.04M	777.04M	60.34M	67.54M	147.55M	19.64M
Total Liabilities	3.13B	3.13B	2.84B	1.43B	790.60M	126.61M
Stockholders Equity	17.01B	17.01B	4.49B	3.16B	2.83B	2.04B
Cash Flow
Free Cash Flow	-913.13M	-1.79B	-167.19M	1.03B	-485.64M	116.01M
Operating Cash Flow	-694.21M	-1.46B	134.17M	1.16B	-442.58M	135.85M
Investing Cash Flow	-9.41B	-8.23B	-852.38M	-36.91M	-436.05M	-179.54M
Financing Cash Flow	10.29B	10.07B	-32.95M	-218.83M	879.82M	89.85M

Zen Technologies Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1431.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ZENTEC, the sentiment is Negative. The current price of 1431.95 is below the 20-day moving average (MA) of 1662.07, below the 50-day MA of 1845.34, and below the 200-day MA of 1762.24, indicating a bearish trend. The MACD of -126.60 indicates Positive momentum. The RSI at 26.73 is Positive, neither overbought nor oversold. The STOCH value of 16.13 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ZENTEC.

Zen Technologies Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MAPMYINDIA	73 Outperform	₹97.42B	61.87		0.20%	23.47%	13.74%
NETWEB	73 Outperform	₹118.71B	91.46		0.10%	59.90%	49.33%
INTELLECT	68 Neutral	₹129.33B	36.58		0.76%	4.93%	15.12%
DATAPATTNS	61 Neutral	₹141.45B	65.94		0.32%	31.71%	13.71%
ZENTEC	58 Neutral	₹126.64B	49.67		0.07%	56.09%	49.60%
ASTRAMICRO	58 Neutral	₹93.09B	60.64		0.20%	15.66%	26.80%
Sector *	57 Neutral	€1.69B	12.24	1.59%	3.67%	2.96%	-106.86%

Zen Technologies Limited Corporate Events

Zen Technologies Announces Share Transfer Notice to IEPF

Zen Technologies Limited has announced the publication of a notice to its equity shareholders regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Account. This notice was published in the Financial Express and Nava Telangana newspapers. The announcement is part of the company’s compliance with SEBI regulations, ensuring transparency and proper communication with its stakeholders.

Zen Technologies Announces Virtual AGM and Releases Annual Report

Zen Technologies Limited has announced its 32nd Annual General Meeting (AGM) scheduled for August 23, 2025, which will be conducted via video conferencing. The company has released its Annual Report for the fiscal year 2024-25, which is available electronically to shareholders and can be accessed on the company’s website. The e-voting for the AGM will be open from August 20 to August 22, 2025.

Zen Technologies Releases FY2025 Sustainability Report

Zen Technologies Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2024-25, which is part of its annual report. This report, available on the company’s website, highlights Zen Technologies’ commitment to sustainability and responsible business practices, potentially enhancing its reputation and stakeholder trust in the market.

Zen Technologies Reports Q1FY26 Results, Expands into UAV Segment

Zen Technologies Limited announced its financial results for the first quarter of the fiscal year 2026, reporting a moderation in topline growth that is expected to be temporary. Despite this, the company maintained strong EBITDA and PAT margins, reflecting operational discipline and cost efficiency. The company’s consolidated order book stands at ₹754 crores, with a robust financial position and liquidity of ₹918 crores. Zen Technologies has expanded into the UAV and loitering munitions segment through the acquisition of TISA Aerospace Private Limited, aligning its portfolio with global defense requirements. The company is confident in achieving its order inflow guidance of ₹800 crores for the first half of FY26, supported by government procurement plans and a strong pipeline.

Zen Technologies Releases Q1 FY26 Investor Presentation

Zen Technologies Limited has released an investor presentation detailing its unaudited financial results for the quarter ending June 30, 2025. This announcement is likely to provide stakeholders with insights into the company’s financial health and performance, potentially impacting its market positioning and investor confidence.

Zen Technologies Releases Q2 2025 Financial Results

Zen Technologies Limited announced the publication of its un-audited financial results for the quarter ending June 30, 2025, in prominent newspapers. This disclosure aligns with regulatory requirements and reflects the company’s commitment to transparency, potentially impacting investor confidence and market perception.