Zen Technologies Ltd Share Price – NSE  / BSE

Aerospace & Defence, Small Cap

In a regulatory filing, the company said the orders pertain to the supply of a Comprehensive Training Node (CTN), which includes a suite of various training simulators and related equipment. The project is scheduled to be completed within one year.

The company also clarified that neither its promoters nor the promoter group have any interest in the awarding authority, and the transaction does not qualify as a related-party deal under regulatory norms.

Zen Technologies provides defence training and anti-drone solutions. It builds training systems for imparting defense training and measuring combat readiness of security forces. With a dedicated R&D (recognized by the Ministry of Science and Technology, Government of India) and production facility in Hyderabad, the company has applied for over 180+ patents and shipped more than 1,000 training systems around the world.

On a consolidated basis, the company?s net profit stood at Rs 59.4 crore in Q2 FY26, down 5.2% year-on-year from Rs 62.7 crore in Q2 FY25, though it rose 24.4% sequentially from Rs 47.8 crore in Q1 FY26. Total revenue came in at Rs 198.9 crore, declining 20.6% YoY from Rs 250.3 crore a year earlier, but up 10.5% QoQ from Rs 180 crore in Q1 FY26.

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Zen Technologies has been awarded a major contract from the Ministry of Defence, Government of India, totalling Rs 108 crore (including GST) for tank crew gunnery training simulators.

Commenting on the development, Ashok Atluri, Chairman and Managing Director, Zen Technologies, said, This ₹108 crore order represents more than business growth?it's validation of indigenous R&D done right. Over a decade ago, we supplied our first tank simulators to the Indian Army. Back then, procurement systems weren't built to support single indigenous vendors. Today, this order proves what's possible when policy protects genuine Indian IP. A TERI study showed that just 15% penetration of crew gunnery simulators saves ₹1,123 crore annually for our armed forces?that's an 18:1 return on investment of ₹61 crore. These aren't just training tools; they're force multipliers that free up resources for more capability building. Operation Sindoor reminded us: procurement speed matters. The faster we can deploy indigenous solutions, the stronger we become.

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According to the company?s exchange filing, the order is expected to be executed within one year. The firm also clarified that neither its promoters nor members of the promoter group have any interest in the awarding authority, confirming that the transaction does not fall under related-party dealings as per regulatory norms.

Zen Technologies provides defence training and anti-drone solutions. It builds training systems for imparting defense training and measuring combat readiness of security forces. With a dedicated R&D (recognized by the Ministry of Science and Technology, Government of India) and production facility in Hyderabad, the company has applied for over 180+ patents and shipped more than 1,000 training systems around the world.

On a consolidated basis, the company?s net profit stood at Rs 59.4 crore in Q2 FY26, down 5.2% year-on-year from Rs 62.7 crore in Q2 FY25, though it rose 24.4% sequentially from Rs 47.8 crore in Q1 FY26. Total revenue came in at Rs 198.9 crore, declining 20.6% YoY from Rs 250.3 crore a year earlier, but up 10.5% QoQ from Rs 180 crore in Q1 FY26.

The counter rose 0.69% to Rs 1,392 on the BSE.

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Zen Technologies has received an order from Ministry of Defence, Government of India, valued at approximately Rs. 108 crore (including GST) for supply of Simulators.

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