Zen Technologies Limited , a leading player in the defence and homeland security sector, has announced its financial results for the second quarter and half-year ended September 30, 2025, showcasing robust growth and a strong order book.

Financial Highlights

The company reported impressive standalone and consolidated results for Q2 2025:

On a standalone basis, Zen Technologies witnessed a significant 49.36% year-on-year increase in revenue from operations, rising from Rs. 8,345.74 lakhs in Q2 2024 to Rs. 12,465.34 lakhs in Q2 2025. However, net profit saw a decline of 25.84%, from Rs. 6,224.74 lakhs to Rs. 4,616.16 lakhs.

The consolidated results present a different picture, with revenue decreasing by 28.23% year-on-year, from Rs. 24,184.37 lakhs to Rs. 17,357.31 lakhs. Consolidated net profit remained relatively stable with a marginal decrease of 1.79%.

Strong Order Book

Zen Technologies maintains a robust order book, reflecting strong market demand for its products and services:

• Standalone order book: Rs. 484.51 crores
• Consolidated order book: Rs. 675.04 crores

This substantial order book provides visibility for future revenue growth and underscores the company's strong position in the defence and homeland security market.

Half-Year Performance

For the half-year ended September 30, 2025, Zen Technologies reported:

• Standalone revenue: Rs. 23,571.13 lakhs (compared to Rs. 24,168.79 lakhs in H1 2024)
• Standalone net profit: Rs. 8,328.05 lakhs (compared to Rs. 13,922.29 lakhs in H1 2024)
• Consolidated revenue: Rs. 33,179.18 lakhs
• Consolidated net profit: Rs. 11,497.96 lakhs

Other Key Developments

ESOP Implementation

During Q2 2025, the company transferred 12,500 equity shares to eligible employees under its Employee Stock Option Plan-2021, demonstrating its commitment to employee retention and motivation.

Change in Subsidiary Status

Zen Technologies' shareholding in AI-Turing Technologies Private Limited reduced from 51% to 49% due to a fresh share issuance to new investors. This resulted in the deconsolidation of AI-Turing from the group's financial statements and recognition of a gain of Rs. 94.24 lakhs as an exceptional item.

Improved Earnings Per Share

The consolidated basic and diluted earnings per share for Q2 2025 stood at Rs. 6.61, compared to Rs. 7.26 in Q2 2024.

Conclusion

Zen Technologies' Q2 2025 results demonstrate a mixed performance with strong standalone growth offset by a decline in consolidated revenue. The company's substantial order book and strategic moves, such as ESOP implementation and changes in subsidiary structure, position it well for future growth in the dynamic defence and homeland security market.

Investors and stakeholders will likely keep a close eye on how Zen Technologies leverages its strong order book to drive future revenue growth and profitability.

Zen Technologies , a leading defense technology solutions provider, has clinched a significant contract worth ₹37 crore from the Ministry of Defense. The deal involves the supply of advanced anti-drone systems equipped with kill capability to the Indian defense establishment.

Contract Details

Implications

This contract underscores Zen Technologies' growing role in India's defense sector, particularly in countering emerging threats such as unauthorized drones. The company's selection for this project highlights its expertise in developing cutting-edge defense technology solutions.

The anti-drone systems with kill capability represent a critical addition to India's defense arsenal, addressing the increasing concerns about drone-based security threats. This technology is designed to detect, track, and neutralize potentially hostile drones, enhancing the country's air defense capabilities.

Market Impact

For Zen Technologies, this contract not only provides a substantial revenue boost but also strengthens its position in the competitive defense technology market. It demonstrates the company's ability to meet the sophisticated requirements of India's defense forces, potentially opening doors for future contracts in this high-stakes sector.

The deal also reflects the Indian government's commitment to modernizing its defense capabilities and promoting indigenous defense production, aligning with the broader 'Make in India' initiative in the defense sector.

As drone technology continues to evolve and proliferate, the demand for effective counter-drone solutions is likely to grow, positioning Zen Technologies favorably for future opportunities in this niche but critical market segment.