Transcript
ZENTEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Zen Technologies reported Q4 FY2026 consolidated revenue of Rs.178.1 crores, down 45.2% YoY from Rs.325 crores in Q4 FY2025 due to timing of order inflows with bulk orders scheduled for execution from FY2027. Operational EBITDA margin stood at 28.6% for Q4, impacted by lower revenue base, year-end performance incentives (Rs.5 crores), increased warranty provisions (Rs.3.1 crores), export delivery costs (Rs.2.7 crores), and higher R&D investments (Rs.3.3 crores). Full year FY2026 revenue was Rs.687.7 crores (down 29.4%) with PAT of Rs.217.9 crores at 31.7% margin. The consolidated order book stands at Rs.1336 crores, with Rs.1000 crores expected to execute in FY2027 primarily in Q2 and Q3. Management reiterated its Rs.4000 crores cumulative revenue target for FY2027-28. The company announced several new products including HyperStrike interceptor drone (400 km/hr speed), Vrishabh unmanned ground vehicle, anti-drone simulator, and cybersecurity suite. Cash position is strong at Rs.1308 crores with zero debt.
While near-term revenue declined significantly due to order timing, the robust order book of Rs.1336 crores and management's maintained Rs.4000 crores revenue guidance for FY2027-28 provides strong visibility. The strong cash position and debt-free status offer financial flexibility for new product launches including arms and ammunition manufacturing.