Zen Technologies Ltd
Zen Technologies Q4 FY26 earnings call: Revenue & Margins
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Zen Technologies expects a cumulative turnover of Rs. Zen Technologies targets a cumulative turnover of Rs.
From Zen Technologies Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Zen Technologies expects a cumulative turnover of Rs. 4,000 Crores in FY2027 and FY2028 combined.
- The bidding pipeline is much larger, running into a few thousand crores, with a current bidding value around Rs. 1,500 Crores and additional potential tenders of a couple of thousand crores.
- Order book as of March 31, 2026, stands at Rs. 1,336 Crores consolidated, with around Rs. 1,000 Crores expected to convert into FY2027 revenue.
- Orders are anticipated to accelerate in FY2027, particularly in simulation and anti-drone segments, with significant increase expected in order inflows.
- Subsidiaries UTS and ARI combined are expected to do about Rs. 365 Crores revenue in FY2027.
- New product segments such as anti-drone systems, ammunition (30mm smart ammunition production starting next year), and remote control weapon stations forecast strong future market opportunities.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Zen Technologies Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Zen Technologies is actively looking at acquisitions in both simulation and anti-drone system segments.
- They focus on acquiring companies with "Pareto Technologies" that can provide a technological headstart for future growth.
- They supply capital to smaller companies but guide them strategically, focusing resources on promising projects.
- No specific current capex figures mentioned, but they plan to start manufacturing 30mm smart ammunition next financial year, indicating capital investment in ammunition production.
- They intend to maintain an outsourcing model for manufacturing with in-house assembly and critical components production to manage working capital efficiently.
2 more points management made on capital expenditure plans
Top-ranked in Aerospace & Defense
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Zen Technologies Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Consolidated order book as of March 31, 2026: Rs. 1,336 Crores
- Standalone order book as of March 31, 2026: Rs. 1,222.6 Crores
- Out of the consolidated order book, Rs. 1,000 Crores expected to be executed in FY2027 (mostly in Q2 and Q3)
- Balance Rs. 326 Crores relates to AMC revenue spread over contract duration
- Pipeline/bidding opportunity size is several thousand crores; bidding pipeline currently about Rs. 1,500 Crores, with potential additional single vendor tenders adding a couple thousand crores
- Expected cumulative turnover of Rs. 4,000 Crores in FY2027 and FY2028 combined
2 more points management made on order book & pipeline
Zen Technologies Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹178 Cr, net profit ₹47 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Zen Technologies Ltd's management said in earlier quarters
Others in Aerospace & Defense this season
- Sigma Advanced System Ltd (Q4 FY26)
Revenue from Operations in Q4 FY26: ₹323 crore . Key concall takeaways from Sigma Advanced System Ltd's Q4 FY26 earnings call — and how it ranks against sector…
- Bharat Dynamics Ltd (Q4 FY26)
Revenue from Operations for FY26: ₹2441.79 Cr, down from ₹3345.05 Cr in FY25, a decline of approximately 27% year-on-year. Key concall takeaways from Bharat…
- DCX Systems Ltd (Q4 FY26)
205.91 crores . Key concall takeaways from DCX Systems Ltd's Q4 FY26 earnings call — and how it ranks against sector peers.
- Digilogic Systems Ltd (Q4 FY26)
Growth will accelerate as the company moves from prototyping (~30% revenue) to production (~70% revenue). Key concall takeaways from Digilogic Systems Ltd's Q4…
Frequently Asked Questions
What were Zen Technologies Ltd Q4 FY26 results?
Zen Technologies expects a cumulative turnover of Rs. Zen Technologies targets a cumulative turnover of Rs.
What is Zen Technologies Ltd share price analysis?
Zen Technologies Ltd currently shows a neutral. The stock trades at a P/E of 83.2 with a market cap of ₹15,121 Cr. Investors should review the full earnings analysis for detailed insights.
Is Zen Technologies Ltd planning capital expenditure?
Zen Technologies is actively looking at acquisitions in both simulation and anti-drone system segments.
Keep Zen Technologies Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.