---
title: "Zen Technologies Ltd (ZENTEC) — Share Price, Financials & Analysis"
symbol: "ZENTEC"
company: "Zen Technologies Ltd"
canonical: "https://tapetide.com/stocks/ZENTEC"
isin: "INE251B01027"
nse_symbol: "ZENTEC"
bse_code: "533339"
sector: "Industrials"
industry: "Aerospace & Defense"
market_cap_cr: 15534.46
generated_at: "2026-09-13T19:36:59.365Z"
---

# Zen Technologies Ltd (ZENTEC)

Canonical page: https://tapetide.com/stocks/ZENTEC

## Company

- **NSE Symbol:** ZENTEC
- **BSE Code:** 533339
- **ISIN:** INE251B01027
- **Sector:** Industrials
- **Industry:** Aerospace & Defense
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2015-03-30
- **CEO:** Mr. Ashok Atluri B.Com, PGDACS
- **Employees:** 395
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** zen.in

## About

Zen Technologies Limited was incorporated in 1996. The company designs develop and manufacture combat training solutions and Counter-drone solutions for defense and security forces. It is actively involved in the indigenization of technologies, which are beneficial to Indian armed forces, state police forces, and paramilitary forces. 
Zen Technologies is headquartered in Hyderabad, India with offices in India, UAE, and the USA. [1] [2] [3]

## Latest Price

- **Price:** ₹1722.6
- **Change:** -27.3 (-1.56%)
- **Open:** ₹1740
- **Day High:** ₹1741.2
- **Day Low:** ₹1707.1
- **Previous Close:** ₹1749.9
- **Volume:** 273823
- **As Of:** 2026-09-11T10:29:07+00:00

## Key Fundamentals

Observed at 2026-09-11T04:51:59.963820Z.

- **Market Cap:** ₹15534.46 Cr
- **Classification:** Smallcap
- **P/E (reported):** 80.3
- **P/E (TTM):** 86.3
- **EPS (TTM):** ₹19.96
- **EPS (reported):** ₹18.54
- **Book Value:** ₹209.22
- **Price to Book:** 8.36
- **Dividend Yield:** 0.06%
- **ROE:** 11.18%
- **ROCE:** 15.46%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹773.1 Cr
- **Net Income:** ₹217.9 Cr
- **EBITDA:** ₹332.7 Cr
- **52-Week High:** ₹2043.7
- **52-Week Low:** ₹1223
- **RSI (14):** 42.06

## Tapetide Score

- **Score:** 56 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 74.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 86.26 | 9% |
| growth | 4.47 | 9% |
| momentum | 61.97 | 12% |
| ownership | 64.02 | 24% |
| quality | 81.26 | 22% |
| valuation | 23.74 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 128% CAGR over last 5 years
- Company's median sales growth is 44.8% of last 10 years

### Weaknesses

- Stock is trading at 8.23 times its book value
- Earnings include an other income of Rs.80.4 Cr.
- Promoter holding has decreased over last 3 years: -8.94%
- Working capital days have increased from 379 days to 543 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 688.27% | — | 652.64% |
| ebitda margin growth | -25.03% | 2.82% | 0% | 225% |
| net income growth | -32.42% | -27.2% | 67% | 128% |
| revenue growth | -19.92% | -25.09% | 46% | 66% |
| roce | -30.23% | -32.99% | -60.57% | 20.42% |
| roe | -32.58% | -35.15% | 18.73% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 66 | 100 | 141 | 255 | 242 | 152 | 325 | 158 | 174 | 178 | 178 | 142 |
| Expenses | 48 | 57 | 91 | 143 | 162 | 108 | 187 | 94 | 109 | 111 | 129 | 103 |
| Operating Profit | 19 | 42 | 50 | 111 | 80 | 44 | 138 | 64 | 65 | 67 | 50 | 38 |
| OPM % | 29 | 43 | 36 | 44 | 33 | 29 | 42 | 41 | 37 | 37 | 28 | 27 |
| Other Income | 5 | 4 | 5 | 3 | 8 | 22 | 25 | 22 | 26 | 16 | 23 | 16 |
| Interest | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 3 | 2 | 3 | 2 | 1 |
| Depreciation | 2 | 3 | 3 | 3 | 4 | 4 | 5 | 6 | 6 | 6 | 6 | 8 |
| Profit before tax | 22 | 44 | 52 | 110 | 82 | 59 | 154 | 76 | 83 | 73 | 64 | 45 |
| Tax % | 37 | 32 | 27 | 28 | 23 | 28 | 26 | 30 | 26 | 24 | 27 | 30 |
| Net Profit | 14 | 30 | 38 | 79 | 63 | 43 | 114 | 53 | 62 | 56 | 47 | 32 |
| EPS in Rs | 1.82 | 3.64 | 4.16 | 9.14 | 6.94 | 4.4 | 11.19 | 5.29 | 6.58 | 6.07 | 3.49 | 3.82 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 62 | 92 | 149 | 55 | 70 | 219 | 440 | 974 | 688 | 671 |
| Expenses | 50 | 76 | 87 | 47 | 65 | 146 | 259 | 591 | 443 | 452 |
| Operating Profit | 11 | 17 | 63 | 7 | 5 | 73 | 181 | 382 | 245 | 219 |
| OPM % | 18 | 18 | 42 | 14 | 7 | 33 | 41 | 39 | 36 | 33 |
| Other Income | 4 | 3 | 2 | 3 | 5 | 9 | 17 | 58 | 86 | 80 |
| Interest | 2 | 5 | 3 | 1 | 2 | 4 | 2 | 19 | 10 | 8 |
| Depreciation | 4 | 4 | 5 | 5 | 5 | 6 | 10 | 15 | 24 | 26 |
| Profit before tax | 9 | 11 | 57 | 4 | 3 | 72 | 186 | 406 | 297 | 266 |
| Tax % | 20 | -19 | -3 | 36 | 21 | 30 | 30 | 26 | 27 | — |
| Net Profit | 7 | 13 | 59 | 3 | 3 | 50 | 130 | 299 | 218 | 197 |
| EPS in Rs | 0.93 | 1.73 | 7.62 | 0.39 | 0.25 | 5.38 | 15.22 | 31.04 | 21.43 | 19.96 |
| Dividend Payout % | 16 | 17 | 5 | 26 | 40 | 4 | 7 | 6 | 5 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 9 |
| Reserves | 105 | 112 | 127 | 183 | 196 | 275 | 308 | 440 | 1692 | 1880 |
| Borrowings | 41 | 11 | 42 | 3 | 2 | 15 | 7 | 6 | 78 | 19 |
| Other Liabilities | 14 | 15 | 42 | 20 | 17 | 71 | 151 | 296 | 271 | 248 |
| Total Liabilities | 167 | 146 | 218 | 214 | 223 | 369 | 474 | 750 | 2049 | 2155 |
| Fixed Assets | 44 | 45 | 63 | 73 | 70 | 67 | 75 | 93 | 208 | 239 |
| CWIP | 15 | 17 | 0 | 0 | 0 | 3 | 2 | 11 | 7 | 15 |
| Investments | 0 | 0 | 8 | 2 | 2 | 2 | 2 | 0 | 4 | 6 |
| Other Assets | 108 | 84 | 147 | 139 | 152 | 297 | 394 | 646 | 1830 | 1895 |
| Total Assets | 167 | 146 | 218 | 214 | 223 | 369 | 474 | 750 | 2049 | 2155 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0 | -49 | 62 | 6 | -44 | 116 | 13 | 31 | 245 |
| Cash from Investing Activity | 0 | 0 | 13 | -12 | -10 | -44 | -4 | -85 | -1000 | -162 |
| Cash from Financing Activity | 0 | 0 | 5 | -12 | 9 | 88 | -22 | -3 | 1007 | -78 |
| Net Cash Flow | 0 | 0 | -32 | 38 | 5 | 0 | 91 | -75 | 37 | 5 |
| Free Cash Flow | 0 | 0 | -54 | 52 | 5 | -49 | 103 | -16 | -1 | 185 |
| CFO/OP | 0 | 0 | -286 | 118 | 118 | -921 | 180 | 26 | 39 | 136 |

### Ratios

| Item | Mar 2016 | Mar 2017 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 56 | 121 | 290 | 114 | 124 | 166 | 142 | 153 | 154 | 119 |
| Inventory Days | 242 | 237 | 496 | 137 | 609 | 693 | 305 | 523 | 118 | 415 |
| Days Payable | 52 | 92 | 114 | 44 | 132 | 109 | 42 | 99 | 25 | 109 |
| Cash Conversion Cycle | 246 | 265 | 672 | 206 | 601 | 750 | 406 | 577 | 247 | 425 |
| Working Capital Days | -66 | 187 | 191 | 191 | 535 | 629 | 115 | 158 | 435 | 543 |
| ROCE % | 3 | 8 | — | 32 | 3 | 2 | 23 | 46 | 37 | 16 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 57.45% | 55.07% | 55.07% | 55.07% | 51.26% | 49.05% | 49.05% | 49.05% | 48.51% | 48.51% | 48.51% | 48.51% |
| FIIs | 4.83% | 4.65% | 3.84% | 3.08% | 5.72% | 8.29% | 5.95% | 6.03% | 5.95% | 5.55% | 5.99% | 6.46% |
| DIIs | 0.16% | 2.53% | 3.32% | 3.38% | 8.05% | 8.98% | 9.48% | 8.76% | 7.93% | 7.86% | 10.07% | 10.41% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 31.21% | 30.69% | 31% | 31.42% | 28.64% | 27.38% | 29.41% | 29.95% | 31.59% | 32.02% | 29.8% | 28.65% |
| Others | 6.35% | 7.06% | 6.77% | 7.05% | 6.33% | 6.31% | 6.11% | 6.21% | 6.02% | 6.06% | 5.63% | 5.96% |
| No. of Shareholders | 159766 | 161995 | 170421 | 201211 | 229479 | 237733 | 283289 | 311948 | 325978 | 330378 | 314092 | 290771 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 6 / 3 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1785.5 | Sell |
| EMA (10) | 1784.4 | Sell |
| SMA (20) | 1838.5 | Sell |
| EMA (20) | 1800.55 | Sell |
| SMA (50) | 1794.5 | Sell |
| EMA (50) | 1788.04 | Sell |
| SMA (100) | 1750.94 | Sell |
| EMA (100) | 1729.91 | Sell |
| SMA (200) | 1564.79 | Buy |
| EMA (200) | 1650.02 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.12 | Neutral |
| MACD (12,26,9) | -11.47 | Sell |
| Stochastic (14,3,3) | 8.7 | Buy |
| ADX (14) | 15.98 | Neutral |
| Williams %R (14) | -92.23 | Buy |
| ATR (14) | 61.4 | High Volatility |
| ROC (12) | -8.05 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 29.53 | Buy |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 4 | 66.67% |
| Hold | 2 | 33.33% |
| Sell | 0 | 0% |

Based on 6 analyst ratings, observed at 2026-09-11T04:51:59.956670+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [E-Voting Results Along With Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f7ad7b1-2ee1-42eb-a398-34a8e69a7e92.pdf) |
| 2026-08-29 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=472483e7-38d3-4acb-b0cb-c6e103bde13d.pdf) |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d7898b6-96de-4979-af0a-c9b3eeda8c89.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=23b2714c-1afd-4058-9c95-7f8cf94213a8.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e6696e54-1a1c-4856-acef-869b91350764.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cdf7dc25-31ea-44c5-9519-e788e4104343.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6618b9d-d7d6-423e-a530-e0a3d92204b7.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f0aa5e08-d041-4113-9887-01e9d1923d62.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c66c6d35-4b9e-4101-a8e6-39d59dcf2429.pdf) |
| 2026-08-08 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0334f962-1f89-4e1b-a478-137198c043ed.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-07-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=112d61fd-d4c8-4343-aef4-fc9961aee2b8.pdf) |
| 2026-05-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b433e3a0-0ec1-4be1-b19a-d68e6a81f6d1.pdf) |
| 2026-01-31 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eee9d89f-26be-48d8-9ca7-22d7806e3b96.pdf) |
| 2025-10-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b0130ffc-d119-4618-9638-e235ac09d314.pdf) |
| 2025-07-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e10a2b2b-e08d-493e-a3c1-70e82a5eec7b.pdf) |
| 2025-05-18 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=942259fd-3661-4d9d-ae09-1599f188bbd9.pdf) |
| 2025-02-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a50a79d1-315f-417f-8130-785322bffc29.pdf) |
| 2024-11-08 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=464ce595-755b-47cb-af85-456d1768333a.pdf) |
| 2024-07-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9e3eaa4-a63a-45fb-b1b2-52e314ae8589.pdf) |
| 2024-05-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da068c2b-5237-4b7f-b135-0ab336423c00.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-25 | [Standalone And Consolidated Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca227fa0-3cb5-4ce5-95c1-00522fed70ea.pdf) |
| 2026-05-01 | [Standalone And Consolidated Financial Results For The Quarter And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=558809bf-d7d4-44b0-a359-b52d7a29a20b.pdf) |
| 2026-01-31 | [Standalone And Consolidated Unaudited Financial Results For The Quarter Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=457672c4-064a-4d8a-ab1d-4a17e4518c8d.pdf) |
| 2025-10-25 | [Standalone And Consolidated Un-Audited Financial Results For The Quarter Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c3f622a-e215-40c4-a049-1ac5d73a703f.pdf) |
| 2025-07-26 | [Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9889c1f1-0fbf-45bb-876c-665bfc507a73.pdf) |
| 2025-05-17 | [Results For The Quarter And Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65275b5c-608b-494e-9765-1f0996a0dfdb.pdf) |
| 2025-02-14 | [Standalone And Consolidated Unaudited Financial Results For The Quarter Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9848c7f3-ee19-4675-8ab6-e94f6bb8f9c7.pdf) |
| 2024-11-02 | [Un-Audited Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=020a71ed-3325-4965-bcb0-cda9f847bc90.pdf) |
| 2024-07-28 | [Results- Un-Audited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=973d9b5c-18b9-4854-9b69-f50eaf4f596e.pdf) |
| 2024-05-04 | [Outcome Of Board Meeting - Financial Result](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=57a5cda8-fa11-44ac-8544-34dc54d795f9.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7h - FY26 audited results approved; Rs.1 final dividend proposed; AGM on Aug 29, 2026; CTO appointed May 6. | [Announcement under Regulation 30 (LODR)-Dividend Updates 7h - FY26 audited results approved; Rs.1 final dividend proposed; AGM on Aug 29, 2026; CTO appointed May 6.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/59f04d72-7097-471a-adf0-474fe8350a93.pdf) |
| 7h - FY26 audited results approved; final dividend Rs1/share, AGM on 29 Aug 2026, CTO appointed. | [Announcement under Regulation 30 (LODR)-Change in Management 7h - FY26 audited results approved; final dividend Rs1/share, AGM on 29 Aug 2026, CTO appointed.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d1e3685f-bc7c-41a4-b425-9ba5ca12e70f.pdf) |
| 7h - Board approved FY26 audited results, 100% dividend, AGM on Aug 29, 2026, and appointed CTO effective May 6. | [Intimation Of Date Of 33Rd Annual General Meeting (AGM) 7h - Board approved FY26 audited results, 100% dividend, AGM on Aug 29, 2026, and appointed CTO effective May 6.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/91613764-0e82-4063-a86e-714222443cba.pdf) |
| 7 May - Zen Technologies unveiled seven new defense products at North Tech Symposium 2026, Prayagraj. | [Intimation Regarding Launch Of New Products At North Tech Symposium 2026, Prayagraj 7 May - Zen Technologies unveiled seven new defense products at North Tech Symposium 2026, Prayagraj.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/348747e6-e6cc-4eeb-a0a0-5824877941f4.pdf) |
| 6h - Board committee granted 6,000 ESOPs at ₹250 each on May 1, 2026; vesting begins after one year. | [Grant Of Employee Stock Options (ESOP) Under ''''Zen Technologies Limited Employee Stock Option Plan - 2021 6h - Board committee granted 6,000 ESOPs at ₹250 each on May 1, 2026; vesting begins after one year.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/24de4869-5c72-46e8-b61c-79aef653b693.pdf) |
| 5 May - Zen Technologies launched India’s first AI-powered integrated anti-drone system on May 5, 2026. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 5 May - Zen Technologies launched India’s first AI-powered integrated anti-drone system on May 5, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9bec0e83-f001-4c42-abc3-a3b7f1846680.pdf) |
| 5 Mar - Transfer of equity shares pursuant to the exercise of options granted under the Zen Technologies Limited Employee Stock Option Plan 2021 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 5 Mar - Transfer of equity shares pursuant to the exercise of options granted under the Zen Technologies Limited Employee Stock Option Plan 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/82b05195-a8e3-454d-92bc-5a1419bb3b64.pdf) |
| 4 May - Recording of earnings conference call for Q4 and FY ended March 31, 2026 is available online. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 4 May - Recording of earnings conference call for Q4 and FY ended March 31, 2026 is available online.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/84f49c33-b42f-4123-b439-cc645d2e385a.pdf) |
| 30 Mar - Grant of 127,500 ESOPs at Rs.250 each on March 30, 2026; vesting after one year. | [Grant Of Employee Stock Options (Esops) Under ''''Zen Technologies Limited Employee Stock Option Plan - 2021 30 Mar - Grant of 127,500 ESOPs at Rs.250 each on March 30, 2026; vesting after one year.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1555d88f-d8d1-493f-a8d3-46fa22066696.pdf) |
| 3 May - Zen Technologies reported Q4FY26 revenue of ₹178.08 crore and FY26 order book of ₹1,336 crore. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 3 May - Zen Technologies reported Q4FY26 revenue of ₹178.08 crore and FY26 order book of ₹1,336 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/13eed9ca-712e-436c-9890-188289931fa1.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2023 | [Concall - Sep 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=229eea2b-3837-43b0-879d-486b7bbb5d3c.pdf) |
| Sep 2023 | [Concall - Sep 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/229eea2b-3837-43b0-879d-486b7bbb5d3c.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6229f8ab-3fa4-4cea-aa3a-ad882d23ab14.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6229f8ab-3fa4-4cea-aa3a-ad882d23ab14.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a8b4ebd0-e1b0-48e9-82fd-b3463556cac6.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d2559e3d-d55a-46e9-b5ac-ab05ae0fffd3.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d2559e3d-d55a-46e9-b5ac-ab05ae0fffd3.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/48eebac2-93bf-420d-8b1a-57f4fbc44c32.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7831362f-7cc4-4d62-b2e6-b0ea5bf8abc4.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7831362f-7cc4-4d62-b2e6-b0ea5bf8abc4.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/75a5280b-90c2-479f-aa9d-890f52712cf9.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aae21387-2735-4f70-a1c9-ffa620689494.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/22d44399-c0d5-4edd-bea0-c58acd59653f.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3d36c18d-726d-462d-981e-73ce59939ade.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2024-11-12 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8b4ebd0-e1b0-48e9-82fd-b3463556cac6.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2024-05-06 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b2b533e-29b4-47da-b9c6-cd5f36f1bbc2.pdf) |
| 2023-08-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=81e8888d-384d-41c7-8658-ab8c7b87a4df.pdf) |
| 2023-05-08 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a5d83c98-6733-4a5e-afbf-c902d30f6835.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:36:59.365Z.