Zen Technologies (533339) Stock Overview
Engages in the design, development, manufacture, and sale of training simulators in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 5/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for 533339 from our risk checks.
533339 Community Fair Values
Create NarrativeSee what 30 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Zen Technologies Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹1,686.55 |
| 52 Week High | ₹2,041.90 |
| 52 Week Low | ₹1,224.00 |
| Beta | 0.071 |
| 1 Month Change | -11.63% |
| 3 Month Change | -15.50% |
| 1 Year Change | 5.16% |
| 3 Year Change | 134.54% |
| 5 Year Change | 723.51% |
| Change since IPO | 117,429.62% |
Recent News & Updates
Narrative Update • Aug 06
533339: Defence Orders And New Defence Systems Will Support Stronger Outlook
Analysts have lifted their price target on Zen Technologies from ₹1,900 to ₹2,170, reflecting updated assumptions around revenue growth, profit margins and a slightly revised forward P/E outlook. What’s in the News for Zen Technologies Zen Technologies unveiled a High Altitude Man Portable Anti Drone System that combines RF detection, data fusion and omni directional jamming in a lightweight format for use in mountainous and remote terrain.Narrative Update • Jul 23
533339: Defence Orders And New Systems Will Support Balanced Future Outlook
Analysts have revised their fair value estimate for Zen Technologies from ₹2,150 to ₹1,900, citing updated assumptions on revenue growth, profit margins, and future P/E levels. What’s in the News for Zen Technologies Zen Technologies received an order of ₹1,775 million, including GST, from the Ministry of Defence, Government of India, for upgradation and integration of Tank and Crew Gunnery Simulators, with execution scheduled within a year.Recent updates
Narrative Update • Aug 06
533339: Defence Orders And New Defence Systems Will Support Stronger Outlook
Analysts have lifted their price target on Zen Technologies from ₹1,900 to ₹2,170, reflecting updated assumptions around revenue growth, profit margins and a slightly revised forward P/E outlook. What’s in the News for Zen Technologies Zen Technologies unveiled a High Altitude Man Portable Anti Drone System that combines RF detection, data fusion and omni directional jamming in a lightweight format for use in mountainous and remote terrain.Narrative Update • Jul 23
533339: Defence Orders And New Systems Will Support Balanced Future Outlook
Analysts have revised their fair value estimate for Zen Technologies from ₹2,150 to ₹1,900, citing updated assumptions on revenue growth, profit margins, and future P/E levels. What’s in the News for Zen Technologies Zen Technologies received an order of ₹1,775 million, including GST, from the Ministry of Defence, Government of India, for upgradation and integration of Tank and Crew Gunnery Simulators, with execution scheduled within a year.
Narrative Update • Jul 09
533339: Weapons Manufacturing Licence Will Likely Expose Overstretched Earnings Expectations
Analysts have raised the fair value estimate for Zen Technologies from ₹1,400 to ₹1,600, citing updated views on the company’s revenue growth outlook, profit margins and future P/E assumptions. What’s in the News for Zen Technologies Zen Technologies launched its Integrated Smart Border Suite, a next-generation border security ecosystem positioned as a 24x7 intelligent digital shield to address threats such as illegal infiltration, narco-terrorism, drone-based smuggling, and hybrid warfare tactics.
Narrative Update • Jun 25
533339: Counter Drone Suite And Arms Licence Will Shape Balanced Outlook
Analysts have kept their fair value estimate for Zen Technologies steady at ₹1,726.67 per share, with only small adjustments to inputs such as the discount rate and assumed future P/E multiple contributing to this unchanged price target. What’s in the News for Zen Technologies Zen Technologies launched its Integrated Smart Border Suite, a 24x7 digital border security ecosystem aimed at addressing threats such as illegal infiltration, narco-terrorism, drone-based smuggling and hybrid warfare across India’s high-risk border sectors.Narrative Update • Jun 05
533339: Counter Drone Systems And Defence Licence Will Shape Balanced Future Outlook
The analyst price target for Zen Technologies has changed from ₹1,654 to about ₹1,727 as analysts factor in updated assumptions for revenue growth, profit margins, discount rate and future P/E expectations. What's in the News Zen Technologies launched what it describes as India’s first modular, AI-powered counter-drone system at the North Tech Symposium 2026 in Prayagraj, showcasing wideband coverage from 70 MHz to 12 GHz, a detection range of more than 15 km, and the ability to track more than 100 drones simultaneously.Narrative Update • Apr 23
533339: Defence Licence And Leadership Changes Will Shape Balanced Future Outlook
Analysts have kept their price target for Zen Technologies steady at ₹1,654, reflecting largely unchanged views on fair value as only minor tweaks were made to assumptions around discount rate, revenue growth, profit margin and future P/E. What's in the News Zen Technologies received an arms manufacturing licence from the Government of India under the Arms Act, 1959, covering 12.7mm, 23mm, 30mm and 40mm cannons used in air defence, naval operations and Counter Unmanned Aircraft System roles (Key Developments).Narrative Update • Apr 08
533339: Defence Orders And New Leadership Will Drive Future Upside
Analysts have maintained their price target on Zen Technologies at ₹1,654, citing updated assumptions that now reflect higher expected revenue growth and a slightly lower P/E multiple, along with modestly adjusted discount rate and profit margin inputs. What's in the News Received orders totaling ₹4,040 million (including GST) from the Ministry of Defence, Government of India, covering Anti-Drone Systems / Counter Unmanned Aerial Systems (C-UAS) worth ₹3,320 million and Training Simulators and Equipment worth ₹720 million, with execution scheduled within a year (company announcement).Narrative Update • Mar 25
533339: Defence Orders Will Drive Future Upside Over The Next Year
Analysts have maintained their fair value estimate for Zen Technologies at ₹1,654, with only minor tweaks to discount rate, growth, margin and future P/E assumptions, so the price target itself remains unchanged. What's in the News Company has received orders aggregating to ₹4,040 million (including GST) from the Ministry of Defence, Government of India, covering Anti Drone Systems / Counter Unmanned Aerial Systems (C UAS) and Training Simulators and Equipment, with execution expected within a year (company announcement).Narrative Update • Mar 10
533339: Defence Orders And Patent Strength Will Drive Future Upside
Analysts have maintained their fair value estimate for Zen Technologies at ₹1,654, making only slight adjustments to assumptions around discount rate, revenue growth, profit margin and future P/E, which together support this reaffirmed price target. What's in the News Zen Technologies received orders aggregating to ₹4,040 million (including GST) from the Ministry of Defence, Government of India, covering Anti Drone Systems / Counter Unmanned Aerial Systems and training simulators and equipment, with execution scheduled within a year (client announcement).Narrative Update • Feb 22
533339: Defence Orders And Training Patents Will Support Future Upside
Analysts have held Zen Technologies' fair value estimate steady at ₹1,654, while slightly revising assumptions such as the future P/E to 35.06x. This reflects minor tweaks to growth, margin and discount rate inputs rather than a change in overall conviction.Narrative Update • Feb 08
533339: Defence Orders And Growing Patent Portfolio Will Drive Future Upside
Narrative Update on Zen Technologies Analysts have maintained their fair value estimate for Zen Technologies at ₹1,654, incorporating updated assumptions that reflect slightly different views on the discount rate, revenue growth, profit margin and future P/E. What's in the News Appointed Hari Haran Chalat as Chief Financial Officer, effective January 31, 2026, after serving as Senior General Manager overseeing finance, accounting, acquisitions and post merger integration at Zen Technologies (company announcement).Narrative Update • Jan 24
533339: Defence Contracts And New Patents Will Drive Future Upside
Analysts have nudged their fair value estimate for Zen Technologies slightly higher from ₹1,642.80 to ₹1,654.00, reflecting modest tweaks in the discount rate and future P/E assumptions, rather than any major shift in the underlying growth or margin view. What's in the News A board meeting is scheduled on Jan 31, 2026 to consider and approve standalone and consolidated unaudited financial results for the quarter and nine months ended Dec 31, 2025 (company filing).Narrative Update • Jan 09
533339: Defence Contracts For Training And Anti Drone Systems Will Drive Upside
Analysts have kept their fair value estimate for Zen Technologies steady at ₹1,642.80 per share, with only minor tweaks to assumptions such as the discount rate and future P/E multiple. This reflects largely unchanged expectations around growth and profitability.Narrative Update • Dec 24
533339: Defence Contracts And Simulator Expansion Will Drive Future Upside Potential
Analysts have modestly raised their price target on Zen Technologies to ₹1,642.80, reflecting slightly higher discount rate and future P/E assumptions while keeping core growth and margin expectations largely unchanged. What's in the News Awarded an INR 1,200 million contract from the Ministry of Defence to set up India's first Combat Training Node at the Infantry School in Mhow, featuring 60 plus simulators and Live Virtual Constructive training capabilities (client announcement) Received another INR 1,200 million order from the Ministry of Defence for a Comprehensive Training Node comprising a suite of training simulators and equipment, to be executed within a year (client announcement) Won an INR 1,080 million contract for tank crew gunnery training simulators, viewed as the first phase of a much larger simulation rollout under the Ministry of Defence Simulation Framework (client announcement) Secured two contracts totaling INR 2,890 million for upgrading its indigenously developed Anti Drone Systems, incorporating frontline operational feedback and reinforcing the strategic push toward IDDM solutions (client announcement) Board to consider investing up to INR 70 million for a 76 percent stake in Anawave Systems and Solutions Private Limited at the November 5, 2025 meeting (board meeting) Valuation Changes Fair Value: unchanged at ₹1,642.8 per share, indicating no revision to the intrinsic value estimate.Narrative Update • Dec 10
533339: Defence Orders Will Drive Future Upside Potential
Analysts have nudged their price target on Zen Technologies slightly higher to ₹1,642.80. This reflects marginally increased confidence in the company’s long term profit margins and valuation multiples, despite largely unchanged growth assumptions.Narrative Update • Nov 26
533339: Major Defence Orders Will Drive Momentum Following INR 2,890 Million Contracts
Analysts have raised their price target for Zen Technologies, increasing it from ₹1,642.8 to ₹1,642.8. They cite slightly lower discount rates and improved earnings forecasts as key factors in their reassessment. What's in the News Zen Technologies has been awarded two major contracts from the Ministry of Defence, Government of India, totaling INR 2,890 million.Narrative Update • Nov 11
533339: Major Defence Orders Are Expected To Drive Positive Momentum Ahead
Analysts have revised their fair value estimate for Zen Technologies downward from ₹1,752.80 to ₹1,642.80. This change is based on adjustments to their discount rate assumptions and updated market outlooks.Narrative Update • Oct 28
Government Deals And AI Adoption Will Drive Defense Sector Developments
Analysts have revised their price target for Zen Technologies downward from ₹1,833.20 to ₹1,752.80. They cite adjustments in profit margin estimates and a slightly higher discount rate as key factors in the updated valuation.Narrative Update • Aug 22
Government Orders And AI Integration Will Redefine Defense Capabilities
The consensus analyst price target for Zen Technologies has been raised to ₹1833, primarily reflecting a substantial upgrade in forecast revenue growth and a notable decline in the expected future P/E multiple. What's in the News Appointed Ms Sirisha Chintapalli as additional director (Non-Executive Independent Director).
New Narrative • Feb 20
Developing Anti-Drone Systems And US Expansion Will Capture Future Market Share
Strategic acquisitions and R&D in high-tech defense innovations are set to enhance revenue and profit margins through product diversification and market share gains.Shareholder Returns
| 533339 | IN Aerospace & Defense | IN Market | |
|---|---|---|---|
| 7D | -2.1% | -2.4% | -0.3% |
| 1Y | 5.2% | -5.0% | -3.0% |
Return vs Industry: 533339 exceeded the Indian Aerospace & Defense industry which returned -5% over the past year.
Return vs Market: 533339 exceeded the Indian Market which returned -3% over the past year.
Price Volatility
| 533339 volatility | |
|---|---|
| 533339 Average Weekly Movement | 5.2% |
| Aerospace & Defense Industry Average Movement | 5.8% |
| Market Average Movement | 5.7% |
| 10% most volatile stocks in IN Market | 8.9% |
| 10% least volatile stocks in IN Market | 3.4% |
Stable Share Price: 533339 has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: 533339's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 421 | Ashok Atluri | www.zentechnologies.com |
Zen Technologies Limited, together with its subsidiaries, engages in the design, development, manufacture, and sale of training simulators in India and internationally. It provides anti-drone systems; training and simulation live ranges, comprising smart and multi-functional target systems, tank targets, master control station for live-firing ranges, air-to-ground firing range scoring system, containerized tubular and indoor shooting range, shoot house for live and simulated indoor tactical training, special purpose adapter for hand guns, cornershot weapon system, tank zeroing system, and containerized small arms firing range; armour combat training, indoor tracking, hand grenade simulator, and tactical engagement simulation systems; advanced weapon, medium machine gun, automatic grenade launcher, mortar integrated and carrier mortar tracked integrated, anti-tank guided missile, combat and infantry weapons training, artillery forward observers, integrated air defence, UAV mission, rotary wing, infantry combat vehicle driving, crew gunnery, gunnery, driving, BMP II integrated missile, driving training, automated driving, and bus and tatra driving simulators; and driving aptitude testing system. The company serves police, paramilitary, armed, naval, and security forces; government departments comprising transport, mining, and infrastructure; and the civilian markets.
Zen Technologies Limited Fundamentals Summary
| 533339 fundamental statistics | |
|---|---|
| Market cap | ₹152.28b |
| Earnings (TTM) | ₹1.80b |
| Revenue (TTM) | ₹6.71b |
84.5x
P/E Ratio22.7x
P/S RatioIs 533339 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 533339 income statement (TTM) | |
|---|---|
| Revenue | ₹6.71b |
| Cost of Revenue | ₹2.04b |
| Gross Profit | ₹4.67b |
| Other Expenses | ₹2.87b |
| Earnings | ₹1.80b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 19.95 |
| Gross Margin | 69.63% |
| Net Profit Margin | 26.85% |
| Debt/Equity Ratio | 1.0% |
How did 533339 perform over the long term?
See historical performance and comparisonDividends
0.06%
Current Dividend Yield5%
Payout RatioDoes 533339 pay a reliable dividends?
See 533339 dividend history and benchmarks| Zen Technologies dividend dates | |
|---|---|
| Ex Dividend Date | Aug 21 2026 |
| Dividend Pay Date | Sep 28 2026 |
| Days until Ex dividend | 30 days |
| Days until Dividend pay date | 8 days |
Does 533339 pay a reliable dividends?
See 533339 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/19 19:34 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Zen Technologies Limited is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Antique Stockbroking Ltd. |
| Vaishali Kumar Parkar | BOB Capital Markets Ltd. |
| Ravi Kumar Putta | Choice Equity Broking Private Limited |