Zen Technologies Limited has informed the Exchange about Transcript
ZENTEC · price
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Zen Technologies reported Q4 FY2026 consolidated revenue of Rs.178.1 crores, down 45.2% YoY from Rs.325 crores in Q4 FY2025. Full year FY2026 revenue stood at Rs.687.7 crores versus Rs.973.6 crores in FY2025, a decline of 29.4%. Operational EBITDA margin for Q4 was 28.6% (down ~900 bps sequentially) due to lower revenue base, Rs.5 crores employee incentives, Rs.3.1 crores warranty provisioning, Rs.2.7 crores export-related costs, and Rs.3.3 crores higher R&D. The company maintained its long-term guidance of 35% operational EBITDA and 25% PAT margins. Consolidated order book stood at Rs.1336 crores as of March 31, 2026, with Rs.1000 crores expected to execute in FY2027, primarily in Q2 and Q3. The company launched multiple new products including HyperStrike interceptor drone (400 km/h), Vrishabh UGV, anti-drone systems with extended frequency range, and received arms and ammunition manufacturing licenses. Cash position remains strong at Rs.1308 crores with zero debt.
Revenue decline reflects timing of order execution rather than demand weakness, with Rs.1336 crores order book providing strong revenue visibility for FY2027. Management guided Rs.4000 crores cumulative turnover for FY2027-28 combined, indicating significant growth expected. New product launches in anti-drone, interceptor drones, and cybersecurity expand addressable market substantially.