Zen Technologies share price
NSE: ZENTECBSE: 533339Aerospace & DefenseSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,562.20.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹13,488 Cr466th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 25 Jul 2026
- 74.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 1 May 2026
- 7.1
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.07%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 25 Jul 2026
- 10.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 25 Jul 2026
- 10.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 1 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,22,70347.9% delivered
Results
Standalone, as consolidated accounts are on record for only 9 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 25 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹103 Crup 43.19%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹29 Crup 98.07%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 28.4%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
The years either side of a change of basis do not compare. From the year to Mar 2019, the company's revenue for that year, ₹92 Cr, differs from its quarters added, ₹93 Cr.
| ₹ crore | Sep 2024Filed 3 Nov | Dec 2024Filed 15 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 26 Jul | Sep 2025Filed 25 Oct | Dec 2025Filed 31 Jan | Mar 2026Filed 1 May | Jun 2026Filed 25 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 242 | 142 | 293 | 111 | 125 | 116 | 72 | 103 |
| Net profit | 65 | 39 | 85 | 37 | 46 | 48 | 15 | 29 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 27.0% | 27.3% | 28.9% | 33.4% | 37.0% | 41.2% | 20.5% | 28.4% |
Business segments
In the year to Mar 2026 the company reports one business segment, DEFENCE AND HOMELAND, which carries all its revenue.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2019: days before it are of the company before the change.PE ratio and valuation history
At or below today's level on 47% of 904 trading days over the last 5 years.
At or below today's level on 57% of 1,793 trading days since Nov 2018.
At or below today's level on 64% of 1,739 trading days since Jan 2019.
At or below today's level on 38% of 2,450 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −13.4% | −44.5% | +56.0% | 0.1% |
| 3 years | +57.5% | +50.6% | +4.5% | 0.1% |
| 5 years | +75.3% | +99.0% | −11.9% | 0.1% |
Mutual funds holding it
70 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 56 of the 61 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings
- AddedAdded. Funds that held more shares than at the end of the month before.
- 24
- CutCut. Funds that held fewer shares than at the end of the month before.
- 37
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 9
| Fund | |||
|---|---|---|---|
 Motilal Oswal Large and Midcap FundMotilal Oswal Mutual Fund | 38,13,712 | 3.09% | ₹612.2 Cr |
| Motilal Oswal ELSS Tax Saver FundMotilal Oswal Mutual Fund | 11,90,000 | 3.91% | ₹191.0 Cr |
| Motilal Oswal Nifty India Defence Index FundMotilal Oswal Mutual Fund | 6,21,953 | 1.84% | ₹99.8 Cr |
 Trustmf Small Cap FundTrust Mutual Fund | 2,22,850 | 0.92% | ₹35.8 Cr |
 Aditya Birla Sun Life Nifty India Defence Index FundAditya Birla Sun Life Mutual Fund | 1,61,294 | 1.84% | ₹25.9 Cr |
| Motilal Oswal Nifty India Defence ETFMotilal Oswal Mutual Fund | 1,47,492 | 1.84% | ₹23.7 Cr |
 Union Multicap FundUnion Mutual Fund | 88,616 | 0.94% | ₹14.2 Cr |
 Nippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund | 71,315 | 0.33% | ₹11.4 Cr |
| Trustmf Flexi Cap FundTrust Mutual Fund | 64,485 | 1.03% | ₹10.4 Cr |
| Trustmf Multi Cap FundTrust Mutual Fund | 59,405 | 1.04% | ₹9.54 Cr |
Peers and competitors
Aerospace & Defense, 35 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Zen Technologies in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 AequsAEQUS | 15,798 | – | 10.6 | – | – | – | – | – | 0.00% |
 Sigma Advanced SystemsSIGMAADV | 14,839 | – | – | – | – | – | – | 13.0% | 0.00% |
 Astra Microwave ProductsASTRAMICRO | 14,099 | 74.6 | 10.7 | 43.4 | +4.0% | +16.3% | 15.7% | 17.4% | 0.16% |
 Apollo Micro SystemsAPOLLO | 13,926 | 114.5 | 10.6 | 61.9 | +69.1% | +83.0% | 12.7% | 11.2% | 0.07% |
 Paras Defence and Space TechnologiesPARAS | 9,487 | 100.4 | 13.1 | 72.0 | +36.6% | +48.8% | 13.8% | 15.0% | 0.08% |
 AXISCADES TechnologiesAXISCADES | 8,155 | 224.4 | 11.2 | 55.1 | +4.6% | −53.8% | 5.3% | 10.7% | 0.00% |
 Unimech Aerospace and ManufacturingUNIMECH | 7,941 | 110.3 | 10.8 | 83.8 | – | – | 10.2% | 7.8% | 0.00% |
 Mishra Dhatu NigamMIDHANI | 6,775 | 50.2 | 4.4 | 28.6 | +18.2% | +13.9% | 9.2% | 9.5% | 0.58% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 21 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.00 |
| 14 Aug 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.00 |
| 6 Sep 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.00 |
| 8 Sep 2023 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.20 |
| 21 Sep 2022 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.10 |
| 18 Aug 2021 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹0.10 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
17 Oct · Business
7 Oct · Disclosure
Sep 2026
Zen Technologies share price by year
Each calendar year to 2025.Zen Technologies share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,368.40 | −44.0% | 2,539.05 | 972.00 |
| 2024 | 2,445.65 | +207.8% | 2,577.00 | 706.20 |
| 2023 | 794.60 | +331.3% | 868.00 | 187.25 |
| 2022 | 184.25 | −14.7% | 228.70 | 150.85 |
| 2021 | 216.00 | +140.0% | 245.50 | 70.80 |
| 2020 | 90.00 | +59.4% | 95.70 | 22.75 |
| 2019 | 56.45 | −28.0% | 85.30 | 50.80 |
| 2018 | 78.40 | −48.1% | 153.60 | 55.85 |
| 2017 | 151.10 | +114.8% | 151.10 | 47.55 |
| 2016 | 70.35 | −42.7% | 125.90 | 55.75 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 1,555.10 | 1,562.20 | 1,463.00 | 1,493.80 | 1,487.19 | 4,22,703 | 47.9% |
| 22 Oct 2026 | 1,590.00 | 1,596.40 | 1,551.60 | 1,562.20 | 1,574.04 | 1,53,161 | 36.8% |
| 21 Oct 2026 | 1,625.00 | 1,625.00 | 1,561.10 | 1,613.50 | 1,594.96 | 2,24,083 | 36.5% |
| 19 Oct 2026 | 1,668.10 | 1,668.10 | 1,618.30 | 1,627.40 | 1,638.61 | 1,53,731 | 31.6% |
| 16 Oct 2026 | 1,698.00 | 1,698.00 | 1,641.50 | 1,655.60 | 1,668.49 | 1,92,102 | 40.5% |
| 15 Oct 2026 | 1,648.10 | 1,708.40 | 1,620.00 | 1,695.00 | 1,663.29 | 2,68,638 | 44.5% |
| 14 Oct 2026 | 1,655.00 | 1,683.90 | 1,626.90 | 1,649.30 | 1,667.47 | 2,39,189 | 32.9% |
| 13 Oct 2026 | 1,624.90 | 1,655.00 | 1,585.90 | 1,652.70 | 1,624.19 | 2,86,865 | 31.9% |
| 12 Oct 2026 | 1,545.30 | 1,615.00 | 1,539.30 | 1,610.00 | 1,591.72 | 4,52,056 | 30.5% |
| 9 Oct 2026 | 1,510.00 | 1,534.70 | 1,485.00 | 1,528.80 | 1,515.27 | 2,38,886 | 33.1% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Buyback history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 17 Feb 2025 | Price move | – | Between two trading sessions the price moved by a fifth or more. The company's board met on results that day or since the trading day before. Not adjusted for. |
| 21 Nov 2014 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
About Zen Technologies
Zen Technologies Limited designs, develops and manufactures defence technology and keeps ownership of the underlying intellectual property. Its technologies are used by the Indian armed forces, central and state police organisations and a growing number of customers abroad. It was incorporated in 1993 and is listed on the BSE and the NSE.
The company began by building simulators for the Indian Army. It now works across training and simulation, counter-drone systems, weapon platforms, combat robotics and naval simulation. Its training range covers live ranges, live simulation, virtual simulators such as the Advanced Weapons Simulator, vehicle driving simulators and combat training centres. Its Counter-UAS system detects and jams drones. Newer platforms include Vrishabh, an unmanned ground vehicle, and Hyperstrike, a loitering strike platform.
The group includes Applied Research International and ARI Labs, which work on naval, marine and offshore training systems, Vector Technics, which makes UAV propulsion and power-distribution systems, TISA Aerospace, which works on loitering munitions and autonomous aerial systems, and Bhairav Robotics, which works on autonomous ground systems. The company took a majority stake in TISA Aerospace and full ownership of Applied Research International. AI Turing Technologies is an associate. It also has a wholly owned subsidiary in the USA.
The registered office is at Sanath Nagar, Hyderabad, where the research and development centre is also based. A demo centre cum factory stands near Shamshabad Airport, and a software and AI development centre is in Kondapur, Hyderabad. The company sells to export markets in the Middle East, the CIS countries and South-East Asia.
- Legal name
- Zen Technologies Limited
- NSE symbol
- ZENTEC
- BSE code
- 533339
- ISIN
- INE251B01027
- Industry
- Aerospace & Defense
- Listed
- Mar 2011 on BSE, Mar 2015 on NSE
- Face value
- ₹1
- CIN
- L72200TG1993PLC015939
- Corporate identity number, the registrar of companies' code for it