Zen Technologies Limited announced its financial results for the quarter and nine months ended December 31, 2025. The company's revenue for the period was impacted by delays in the finalization of regular procurement orders, attributed to security threats faced by the country in May 2025. Consequently, some revenue expected in FY26 is now anticipated to materialize in subsequent financial years. Despite the revenue impact, Zen Technologies reported healthy profitability for the quarter, driven by a favorable product mix and cost discipline. The company witnessed a significant acceleration in order inflows, securing new orders aggregating ₹586 crore in Q3 FY26. Post the quarter end, an additional ₹345 crore in orders were received, bringing the cumulative order inflows over the last four months to ₹931 crore. Further order wins are expected before the end of the financial year. Most of these new orders are slated for execution in FY27, providing strong revenue visibility. The company anticipates a stronger financial performance in FY27, with increased execution across both its standalone business and subsidiaries. Operationally, Q3 FY26 was marked by substantial order wins, disciplined execution, and product innovation. Key orders included a ₹245 crore order for the upgradation of Anti-Drone Systems and a ₹102 crore order for the Combat Training Node (CTN), a novel solution developed in-house. Additionally, the company secured a ₹37 crore order for Anti-Drone Systems with hard-kill capabilities and ahead of schedule completion of the Integrated Air Defence Combat Simulator (IADCS) project. Towards the end of the quarter, Zen Technologies acquired a 76% stake in Anawave Systems and Solutions Private Limited, enhancing its presence in naval simulation. The company expressed strong confidence in delivering sustained growth in the coming years, supported by a robust order pipeline, expanding capabilities, and an improving execution outlook. For Q3 FY26, consolidated revenue stood at ₹177.82 crore, with Operational EBITDA at ₹66.80 crore and Profit After Tax (adjusted for NCI) at ₹54.77 crore. Standalone revenue for Q3 FY26 was ₹116.15 crore, with Operational EBITDA at ₹52.60 crore and PAT at ₹47.82 crore.
