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Hyderabad-based Zen Technologies, a leader in anti-drone and defence training solutions, expects to achieve a cumulative revenue of Rs 6,000 crore over the next three financial years, even as it termed FY26 a year of consolidation. The company remains confident of meeting its order inflow guidance of Rs 800 crore for H1FY26, of which Rs 150 crore has already been secured.
The company reported a 38% year-over-year decline in Q1 FY26 revenue to Rs 158.21 crore, while Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) dropped 42% to Rs 64.69 crore. Net profit fell 33% to Rs 53 crore, with EBITDA margin narrowing by 284 basis points. Sequentially, revenue and profit metrics fell by over 50%.
Zen Technologies’ order book stands at Rs 754 crore as of June 30, 2025, with new orders worth Rs 64.26 crore in Q1, down from Rs 168 crore in the March quarter. CMD Ashok Atluri called the revenue moderation “a temporary adjustment phase” and said the company’s fundamentals remain strong.
“Our financial position remains robust, with liquidity of Rs 918 crore and a debt-free balance sheet,” Atluri said. “We have advanced strategic priorities through the acquisition of TISA Aerospace, expanding into UAVs and loitering munitions, which aligns with global defence requirements. We expect additional orders under the government’s emergency procurement plan, particularly for anti-drone systems.”
Team BharatShakti
