Zen Technologies Limited has released its investor presentation for the quarter and nine months ended December 31, 2025. The company reported that revenue for the period was impacted due to delays in finalization of procurement orders, attributed to security threats faced in May 2025. Consequently, some revenue expected in FY26 is now anticipated to materialize in subsequent financial years. Despite the revenue impact, the company maintained healthy profitability in Q3 FY26, driven by a favorable product mix and cost discipline. Encouragingly, Zen Technologies witnessed a sharp acceleration in order inflows during and after the quarter. In Q3 FY26, new orders aggregating ₹586 crore were secured. Subsequent to December 31, 2025, an additional ₹345 crore in orders were received, bringing the cumulative order inflows over the last four months to ₹931 crore. The company expects further order wins before the end of the financial year. The majority of these orders are slated for execution in FY27, providing strong revenue visibility. Based on the current order book, Zen Technologies anticipates a stronger financial performance in FY27, with increased execution across both standalone business and subsidiaries. Operationally, Q3 FY26 was significant with strong order wins, disciplined execution, and continued product innovation. Key orders secured include a ₹245 crore order for the upgradation of Anti-Drone Systems and a ₹102 crore order for the Combat Training Node (CTN). The company also received an order of ₹37 crore for Anti-Drone Systems with hard-kill capabilities. Furthermore, Zen successfully completed the Integrated Air Defence Combat Simulator (IADCS) project approximately nine months ahead of schedule. Towards the end of the quarter, Zen Technologies completed the acquisition of a 76% stake in Anawave Systems and Solutions Private Limited, strengthening its presence in naval simulation. The company remains confident about delivering sustained growth in the coming years due to a robust order pipeline, expanding capabilities, and an improving execution outlook.
