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Zen Technologies Ltd.

NSE: ZENTEC · Capital Goods

₹1,720.80-0.21%06 Nov 2026
Check figures: unusual quarterly results in MAR '25 (₹98.84 cr vs a typical ₹9.77 cr). This may be a filing error (e.g. lakh filed as crore) or a genuine one-off; figures are shown as filed. Trailing-twelve-month figures include it.

Ask the data

Instant answers about Zen Technologies Ltd. — computed from its filings, no language model
Market cap₹15,537 cr
Current price₹1,720.80
High / Low₹1,997 / ₹1,228
P/E72.0
P/B7.81
Book value₹220.2
ROE10.9%
ROCE16.6%
Debt / equity0.00
Dividend yield0.12%
EPS (TTM)₹23.91
Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin
showing latest 6 of 8 periods
FY19FY20FY21FY22FY23FY24FY25FY26
Revenue92.2149.354.669.8218.8439.9973.6687.7
EBITDA16.762.77.44.672.6180.8373.5247.2
Operating margin18.1%42.0%13.5%6.6%33.2%41.1%38.4%36.0%
Interest4.83.41.11.54.12.310.410.3
Depreciation3.84.65.04.86.19.715.424.4
Profit before tax11.256.74.43.371.7186.2406.1298.9
Tax-2.1-1.91.60.721.856.6106.778.7
Net profit13.358.82.82.042.7127.9277.7193.4
EPS ₹1.737.620.390.255.3915.4532.0721.52
Operating cash flow———-44.3116.413.4-146.3244.6
Capex———4.313.229.832.358.8
Dividend paid———0.80.81.79.018.0
Total assets218.5214.1223.3369.0473.7750.52,049.02,160.2
Equity135.1183.5204.4283.0316.2448.61,700.71,889.1

Quarterly performance

last 33 quarters · ₹ crore
showing latest 8 of 33 periods
SEP '18DEC '18MAR '19JUN '19SEP '19DEC '19MAR '20JUN '20SEP '20DEC '20MAR '21JUN '21SEP '21DEC '21MAR '22JUN '22SEP '22DEC '22MAR '23JUN '23SEP '23DEC '23MAR '24JUN '24SEP '24DEC '24MAR '25JUN '25SEP '25DEC '25MAR '26JUN '26SEP '26
Revenue9.434.044.748.947.633.019.84.212.316.621.610.015.826.227.837.133.452.595.9132.466.599.5141.4254.6241.8152.2325.0158.2173.6177.8178.1141.6345.1
Operating profit-0.912.511.123.121.714.23.8-1.72.63.43.1-1.0-0.1-0.14.810.89.916.735.268.919.042.550.4111.380.044.2138.064.764.866.851.038.7132.0
Operating margin-9.3%36.7%24.8%47.3%45.6%42.9%18.9%-40.9%21.3%20.3%14.3%-10.1%-1.0%-0.4%17.4%29.1%29.7%31.8%36.7%52.0%28.5%42.7%35.7%43.7%33.1%29.0%42.5%40.9%37.3%37.6%28.6%27.3%38.2%
Other income1.60.30.10.30.30.41.00.70.70.70.90.81.01.82.62.23.11.9-0.02.75.34.22.73.18.522.024.821.825.315.622.719.216.7
Interest1.01.51.71.00.70.61.00.10.50.20.30.20.30.60.70.70.72.10.60.40.50.50.81.22.33.04.03.52.02.82.01.11.1
Depreciation0.90.91.01.01.31.11.21.21.21.21.31.21.22.51.21.61.41.51.51.92.22.62.93.03.83.84.86.35.76.55.87.98.7
Profit before tax-1.210.38.521.419.912.92.5-2.41.62.72.4-1.7-0.6-1.45.310.711.017.033.069.321.643.651.8110.282.459.5154.076.783.273.265.845.6138.8
Tax0.71.5-3.95.85.73.1-16.5-0.60.70.90.6-0.10.10.40.23.73.45.19.720.87.913.714.230.818.916.840.223.121.217.217.213.435.8
Net profit-1.98.612.70.014.39.818.50.00.92.31.8-1.1-0.7-1.33.37.55.79.420.247.115.330.634.90.00.039.598.849.559.260.331.534.589.5
EPS ₹-0.251.111.642.041.861.332.39-0.170.100.290.17-0.140.00-0.160.420.940.711.192.555.811.833.674.199.197.264.4211.245.316.616.093.513.839.97
Revenue YoY————406.8%-3.1%-55.7%-91.5%-74.0%-49.8%8.9%139.4%27.5%58.2%28.9%272.2%112.1%100.2%245.1%257.3%99.0%89.6%47.5%92.2%263.7%52.9%129.8%-37.9%-28.2%16.8%-45.2%-10.5%98.8%
Profit YoY—————13.9%46.0%—-93.6%-76.3%-90.1%—-180.4%-156.5%80.9%———510.3%531.2%170.4%223.9%73.0%-100.0%-100.0%29.2%182.9%——52.7%-68.1%-30.4%51.2%

Earlier results (standalone, Dec '10 – Jun '18)

₹ crore · from BSE, before the NSE XBRL filings begin

Zen Technologies Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

FY12†FY13†FY14†FY15†FY16†FY17†FY18†
Revenue101.837.146.378.552.661.639.0
Operating profit34.94.10.620.91.69.8-1.9
Operating margin34.3%11.1%1.2%26.6%3.1%15.9%-4.7%
Other income5.34.73.63.35.53.64.4
Interest1.91.82.52.12.12.02.4
Depreciation1.61.81.62.22.12.42.8
Profit before tax36.85.10.119.82.99.0-2.7
Tax9.40.80.04.10.61.8-2.3
Net profit27.44.30.115.72.37.2-0.4

Quarters

showing latest 8 of 31 periods
DEC '10†MAR '11†JUN '11†SEP '11†DEC '11†MAR '12†JUN '12†SEP '12†DEC '12†MAR '13†JUN '13†SEP '13†DEC '13†MAR '14†JUN '14†SEP '14†DEC '14†MAR '15†JUN '15†SEP '15†DEC '15†MAR '16†JUN '16†SEP '16†DEC '16†MAR '17†JUN '17†SEP '17†DEC '17†MAR '18†JUN '18†
Revenue1.410.64.81.822.372.86.026.41.13.71.41.238.05.73.72.97.464.534.85.84.57.62.77.833.617.68.58.28.913.45.3
Operating profit-3.70.5-1.0-4.29.230.9-0.913.8-4.9-3.9-6.3-6.418.0-4.8-6.1-6.2-2.535.715.5-3.5-3.6-6.7-6.0-1.615.51.9-1.5-1.50.80.4-4.1
Operating margin-265.5%4.3%-21.4%-231.9%41.5%42.4%-15.4%52.5%-453.2%-104.3%-433.8%-544.4%47.5%-84.4%-166.7%-214.8%-33.9%55.4%44.6%-61.2%-82.0%-87.7%-224.8%-20.5%46.0%10.7%-17.7%-18.6%9.1%2.8%-77.7%
Other income0.45.70.40.70.83.51.01.01.01.71.10.90.80.80.80.80.90.90.91.41.41.81.30.90.90.40.40.50.92.61.1
Interest0.30.40.40.20.60.70.60.50.50.30.60.60.80.50.30.50.60.81.10.20.70.10.90.40.40.30.30.40.71.10.6
Depreciation0.20.20.20.20.20.90.20.20.21.10.30.40.40.40.50.50.50.70.40.40.50.80.60.60.60.70.70.70.70.70.9
Profit before tax-3.85.4-1.3-4.09.232.8-0.714.1-4.7-3.6-6.2-6.417.7-5.0-6.1-6.4-2.835.114.9-2.9-3.4-5.8-6.1-1.715.41.4-2.0-2.10.31.1-4.6
Tax0.2-1.10.00.01.67.80.05.8-0.7-4.20.00.01.1-1.00.00.00.04.13.1-0.6-0.7-1.20.00.01.60.20.00.00.0-2.3-0.5
Net profit-4.06.5-1.3-4.07.725.0-0.78.3-3.90.7-6.2-6.416.6-4.0-6.1-6.4-2.831.011.8-2.2-2.7-4.5-6.1-1.713.81.1-2.0-2.10.33.5-4.1
EPS ₹-4.517.28-1.47-4.498.6228.17-0.829.31-4.430.74-7.07-8.2921.56-5.13-7.89-8.32-0.364.021.53-0.29-0.34-0.59-0.79-0.221.790.15-0.26-0.280.040.52-0.53
Revenue YoY————1504.3%589.2%23.3%1348.4%-95.1%-94.9%-75.8%-95.6%3382.6%54.7%152.4%147.9%-80.4%1030.5%850.0%98.3%-40.2%-88.2%-92.3%35.0%656.0%130.2%218.4%6.1%-73.6%-23.9%-37.5%
Profit YoY—————287.0%——-151.4%-97.4%—-177.8%—-700.0%——-116.6%————-114.7%-151.9%—————-97.8%200.0%—

Returns & margins

trailing-twelve-month, per quarter
showing latest 8 of 30 periods
JUN '19SEP '19DEC '19MAR '20JUN '20SEP '20DEC '20MAR '21JUN '21SEP '21DEC '21MAR '22JUN '22SEP '22DEC '22MAR '23JUN '23SEP '23DEC '23MAR '24JUN '24SEP '24DEC '24MAR '25JUN '25SEP '25DEC '25MAR '26JUN '26SEP '26
ROE14.3%26.3%27.2%23.2%23.2%15.9%11.8%2.5%1.9%1.1%-0.7%0.0%3.1%5.2%8.9%13.5%26.1%24.2%29.8%28.5%18.0%4.2%4.8%8.1%11.0%13.8%14.9%10.6%9.8%10.9%
ROCE27.5%40.4%41.4%32.3%19.0%9.1%3.4%2.6%3.0%1.8%0.0%1.1%5.5%9.2%15.7%23.5%41.6%38.0%44.6%41.4%50.6%18.1%19.2%23.7%22.0%21.5%22.2%16.3%14.6%16.6%
Net margin14.1%20.3%21.1%28.5%40.7%42.1%41.1%9.3%6.5%3.6%-1.9%0.2%8.2%12.1%17.2%19.5%26.2%26.5%28.7%29.1%14.4%8.9%9.4%14.2%21.4%30.5%32.1%29.2%27.6%25.6%
EBITDA margin33.5%39.0%40.2%42.0%36.2%27.2%15.2%13.5%13.4%8.3%2.5%4.5%14.4%20.4%28.0%33.2%41.6%40.2%42.0%41.1%39.7%38.6%36.2%38.4%37.3%38.5%40.0%36.0%33.0%34.2%
Debt / equity0.190.190.190.010.010.010.010.010.010.010.010.050.050.050.050.020.020.000.000.010.010.040.040.030.030.000.000.000.000.00
Interest coverage8.4312.9816.3717.9314.507.683.504.995.524.160.051.977.4210.8211.7118.5834.8439.2880.3482.6475.2361.1143.0840.1630.5031.0932.7330.1134.9047.27
Asset turnover0.630.800.800.700.490.320.250.240.270.290.330.220.290.300.370.460.660.540.610.590.750.390.420.480.430.390.410.320.310.36

Balance sheet

equity vs borrowings over time · ₹ crore
showing latest 6 of 13 periods
MAR '19‡MAR '20‡MAR '21‡MAR '22‡SEP '22MAR '23SEP '23MAR '24SEP '24MAR '25SEP '25MAR '26SEP '26
Share capital7.77.78.08.08.08.08.48.49.09.09.09.09.0
Other equity / reserves127.4175.7196.4275.1283.6308.2371.5440.21,552.01,691.71,787.61,880.01,979.2
Total equity135.1183.5204.4283.0291.5316.2379.9448.61,561.11,700.71,796.61,889.11,988.2
Borrowings26.12.51.913.515.86.30.56.058.854.10.53.45.8
Current liabilities73.213.39.772.0107.3140.2245.9269.9251.5244.0179.3175.5219.3
Non-current liabilities10.23.02.97.13.63.33.914.353.869.131.435.741.7
Total assets218.5214.1223.3369.0410.9473.7643.5750.51,887.52,049.02,049.12,160.22,318.9
Property, plant & equipment63.065.061.759.159.668.074.286.688.8106.4114.2136.9167.3
Capital work-in-progress——0.02.54.81.90.010.114.33.58.213.319.4
Investments7.82.22.22.24.82.20.00.00.04.08.26.24.8
Inventories35.314.014.724.944.349.046.5169.1164.1119.3121.2188.2342.6
Receivables73.346.518.631.754.085.4129.2184.5420.3410.4327.4224.0478.9
Cash & equivalents—16.821.521.130.1110.2154.136.755.374.2369.678.9260.0

Cash flow

annual · ₹ crore · line = free cash flow
showing latest 5 of 8 periods
FY19‡FY20‡FY21‡FY22FY23FY24FY25FY26
Cash from operations-49.162.45.9-44.3116.413.4-146.3244.6
Cash from investing12.7-11.8-9.8-43.6-3.7-85.2-823.1-161.5
Cash from financing4.5-12.49.088.0-21.9-3.31,006.8-78.3
Capex2.55.22.04.313.229.832.358.8
Free cash flow-51.657.23.9-48.6103.2-16.4-178.6185.8
Dividends paid0.82.33.20.80.81.79.018.0

Where the assets sit

Sep '26 · ₹ crore
Fixed assets (PPE)
₹167.3 cr7%
CWIP
₹19.4 cr1%
Investments
₹4.8 cr0%
Inventories
₹342.6 cr15%
Receivables
₹478.9 cr21%
Cash & equivalents
₹260.0 cr11%
Other assets
₹1,045.9 cr45%

Peer comparison

largest in Capital Goods · this company in bold
CompanyMarket cap ₹crPriceP/EP/BROE
Hindustan Aeronautics Ltd.3,33,0524,980.0035.78.1222.7%
Bharat Electronics Ltd.2,89,468396.0045.211.0224.4%
Tata Motors Ltd.1,56,797425.5024.810.2641.3%
Bharat Heavy Electricals Ltd.1,45,828418.8050.75.4510.8%
ABB India Ltd.1,43,5416,774.0055.715.3727.6%
Siemens Ltd.1,26,7363,560.0028.28.0228.4%
Hitachi Energy India Ltd.1,23,98827,800.00107.823.9522.2%
CG Power and Industrial Solutions Ltd.1,21,786773.0089.113.9415.6%
Polycab India Ltd.1,18,6107,871.0037.69.0624.1%
Cummins India Ltd.1,12,2334,048.8049.813.5227.1%
Zen Technologies Ltd.15,5371,720.8072.07.8110.9%

StoxGud checklist: Bullish setup · 8/10

  • Price above 50-day average
  • Price above 200-day average
  • 50-day average above 200-day (uptrend)
  • RSI in healthy 40–70 zone
  • Positive 1-year return
  • Return on equity above 15%
  • Debt to equity below 1
  • Revenue growing year on year
  • Net profit margin above 10%
  • P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+8.9%
6 months+6.1%
1 year+26.3%
3Y CAGR+34.4%
5Y CAGR+52.3%
10Y CAGR+37.3%
50-day avg₹1,674.76
200-day avg₹1,614.28
RSI (14)57

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FAQs

What is the share price of Zen Technologies Ltd.?

Zen Technologies Ltd. (ZENTEC) closed at ₹1,720.80 on NSE on 06 Nov 2026.

What is the market cap of Zen Technologies Ltd.?

₹15,537 crore at the latest close.

What is the P/E ratio of Zen Technologies Ltd.?

72.0, on trailing-twelve-month earnings from its filings.

How fast is Zen Technologies Ltd. growing?

Zen Technologies Ltd.: revenue has compounded at 46.5% a year over three years; net profit at 65.4% a year. Latest-quarter revenue is up 98.8% year on year, profit up 51.2%.

How profitable is Zen Technologies Ltd.?

On a trailing-twelve-month basis return on equity is 10.9%, return on capital employed 16.6%, operating margin 34.2%, net margin 25.6%.

How much debt does Zen Technologies Ltd. have?

Zen Technologies Ltd. is debt-free: debt to equity is 0.00 with borrowings of ₹6 cr against cash of ₹260 cr (balance sheet of 2026-09-30). Operating profit covers interest 47.3 times.

Financials parsed from Zen Technologies Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '18, annual from FY19, balance sheet from Mar '19. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.