ZENTECNSE27 July 2025

Zen Technologies Limited has informed the Exchange about Investor Presentation

Zen Technologies Limited

July 27, 2025

To Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

To Dept. of Corp. Services BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001

Symbol: ZENTEC

Scrip Code: 533339

Dear Sir/Madam,

Sub:

Investor Presentation

Please find attached Investor Presentation on the Un-audited Financial Results of the Company for the quarter ended June 30, 2025.

above

The https://www.zentechnologies.com/calls-and-conferences

information

available

also

the website

the Company:

This is for your kind information and records.

Thanking you

Yours faithfully,

For Zen Technologies Limited

Sourav Dhar Company Secretary & Compliance Officer

Encl: As above

Investor Presentation

Q 1 F Y 2 6

NSE: ZENTEC B SE: ZENTEC - 533339

BLOOMBERG: ZEN IN REUTERS: ZETE. BO

Management Commentary

Mr Ashok Atluri CHAIRMAN & MANAGING DIRECTOR

“Our Q1FY26 results reflect moderation in topline growth, we believe this is a temporary adjustment phase long term growth trajectory. with a much stronger temporary moderation, our business Despite this fundamentals remain strong. We have successfully maintained our EBITDA and PAT margins, reflecting strong operational discipline and cost efficiency. Our consolidated order book stands at ₹754 crores and maintain a debt free balance sheet.

Our Consolidated performance was further supported by strong contributions from our subsidiaries — Applied Research International Private Limited (ARIPL), in which we are consolidating 100% of the financials, and Unistring Tech Solutions Private Limited (UTS), with 51% consolidation.

Our financial position remains robust, with liquidity of ₹918 crores as of June 30, 2025, providing significant flexibility to pursue emerging growth opportunities.

During the quarter, we advanced strategic priorities through the successful acquisition of TISA Aerospace Private Limited (76% shareholding). This acquisition

marks expansion into the high-growth UAV and loitering munitions segment, aligning our portfolio with emerging global defense requirements.

efforts

Integration acquired subsidiaries is progressing well and these subsidiaries are already contributing to enhanced operational synergies.

recently

across

our

in Looking ahead to H1FY26, we remain confident achieving our order inflow guidance of ₹800 crores. Out of which we have secured orders amounting to ₹150 crores till date, with the remaining ₹650 crores expected to materialize within the first half. In addition, we expect orders to be placed under the government’s emergency procurement plan, particularly for anti-drone systems.

Our robust pipeline, combined with continued policy support for indigenous manufacturing, positions us well for sustained growth. While FY26 is likely to be a year of consolidation, we remain focused on executing our long- term strategy and are confident in maintaining our targeted cumulative revenue of ₹6,000 crores over the next 3 financial years.

Strengthening Strategic Capabilities through Targeted Acquisitions

Zen Technologies has completed four strategic acquisitions. These transactions mark a decisive move to diversify our capabilities, deepen our technological edge, and expand our market reach across land, air, and sea defence domains.

Applied Research International Private Limited • Expands Zen’s footprint into the naval and

maritime simulation sector

• Adds digital SaaS and AMC annuity streams • Strengthens technology portfolio with over

121 proprietary IP assets

• Enables cross-sell opportunities across a

shared defence client base

Vector Technics Private Limited • Enables Zen’s entry into the drone ecosystem

with aerospace-grade, customizable motors for UAV applications

• Reduces import dependency for domestic drone manufacturers by offering locally produced, globally certified components

• Strengthens Zen’s position in drone

propulsion technology

Bhairav Robotics Private Limited • Fast tracks Zen’s entry into defence robotics Access to fully developed prototypes without R&D lag

• Expands Zen’s land combat offerings

beyond simulation

TISA Aerospace Private Limited • Adds loitering munitions to Zen’s drone warfare

portfolio

• Complements Zen’s C-UAS and propulsion

technologies

• Strong IP and product synergy for future

integrated offerings

• Timely entry in high-growth, nationally relevant

defense domain

• Reduces time-to-market by 18–24 months

through R&D head start

Quarterly Standalone Highlights

Revenue from Operations (YoY)

Operational EBITDA (YoY)

Profit After Tax (YoY)

(All Values ₹ in Crore)

253.96

103.20

111.06

38.05

74.18

37.12

80.00

70.00

60.00

50.00

40.00

30.00

20.00

10.00

0.00

Q1FY25

Q1FY26

Q1FY25

Q1FY26

Q1FY25

Q1FY26

Revenue Segmentation (Sale of Equipment vs AMC)

Revenue Segmentation (Domestic vs Exports)

R&D Expenses

(All Values ₹ in Crore)

8.89

245.07

253.96

9.78

101.28

Q1FY25

Q1FY26

Q1FY25

10.00

9.00

8.00

7.00

6.00

5.00

4.00

3.00

2.00

1.00

0.00

111.06

Q1FY26

6.99

6.97

Q1FY25

Q1FY26

Sales of Equipment

AMC

Domestic

Exports

Quarterly Consolidated Highlights

Revenue from Operations (YoY)

Operational EBITDA (YoY)

Profit After Tax (YoY)

(All Values ₹ in Crore)

254.62

111.35

76.81

*PAT Adjusted for Non-Controlling Interests

158.22

47.75

64.70

Q1FY25

Q1FY26

Q1FY25

Q1FY26

Q1FY25

Q1FY26

*PAT Adjusted for Non-Controlling Interests

Consolidated Order Book Status as of 30 June 2025

Order Book

New Orders

Orders Executed

Total Order Book

Order Book as at 1st April 2025

New Order bagged in Q1FY26

Orders executed in Q1FY26

Order Book as at 30th June 2025

Total: 848.52 Cr

Total: 64.26 Cr

Total: 158.22 Cr

Total: 754.56 Cr

*Note: Order book as at 30th June 2025 includes ₹ 148.58 Cr relating to subsidiaries companies.

Diversified Consolidated Order Book

Total 754.56

Domestic 637.15

Export 117.41

*Note: Order book as at 30th June 2025 includes ₹ 148.58 Cr relating to subsidiaries companies.

Financial Statement Summary

Summary of Standalone Profit & Loss Statement

Particulars (₹ in Crore)

KEY PERFORMANCE INDICATORS

Sales

Other Operating Revenue

Total Revenue

Total Operating Expenses

EBITDA

EBITDA Margins

Operational EBITDA

Operational EBITDA Margins

Interest Cost

Depreciation

Profit Before Tax

Profit After Tax

Q1FY26 (Unaudited)

Q4FY25 (Audited)

Q1FY25 (Unaudited)

111.06

19.89

130.95

73.01

57.94

52.17%

38.05

34.26%

1.38

3.07

53.48

37.12

293.50

24.36

317.85

199.12

118.74

40.46%

94.38

32.16%

3.61

2.94

112.19

84.92

253.96

3.05

257.00

150.76

106.24

41.83%

103.20

40.64%

1.02

2.24

102.98

74.18

Financial Statement Summary

Summary of Consolidated Profit & Loss Statement

Particulars (₹ in Crore)

KEY PERFORMANCE INDICATORS

Sales

Other Operating Revenue

Total Revenue

Total Operating Expenses

EBITDA

EBITDA Margins

Operational EBITDA

Operational EBITDA Margins

Interest Cost

Depreciation

Profit Before Tax

Profit After Tax (Adjusted for Non-Controlling Interests)

Q1FY26 (Unaudited)

Q4FY25 (Audited)

Q1FY25 (Unaudited)

158.22

21.79

180.01

93.51

86.50

54.67%

64.70

40.90%

3.46

6.34

76.21

47.75

324.97

24.77

349.74

187.00

162.74

50.08%

137.97

42.46%

3.95

4.75

153.99

101.04

254.62

3.11

257.73

143.26

114.46

44.95%

111.35

43.73%

1.20

3.01

110.25

76.81

Quaterly R&D Spends over the Years (in crores)

6.99

6.97

4.89

4.15

3.39

Q1FY22

Q1FY23

Q1FY24

Q1FY25

Q1FY26

Strategic Priorities

Continue to grow the sales of Equipment and expand the product portfolio with strong focus on emerging space drones & Anti-Drone systems.

Look for inorganic acquisition which fit in with company’s vision and positioning.

Scale the AMC business, where the contributions from AMC can take care of the fixed operating expenses.

Enhance technical capabilities by increasing our investments R&D and getting into high value-added complex systems.

The business model of the company has been strategically positioned to reduce lumpiness and enhance the profitability in the coming years.

Streamlining operational efficiencies and focusing on cost optimisation and enhancing financial performance.

Evaluating tie ups with OEMs.

Thank You

Let’s connect

Afzal Malkani

invest ors@ze nte ch nol ogie s . c om Chie f F inancial Office r Z en Technol og ie s Limit ed

Disclaimer:

Statements

Certain in this presentation concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The relating to these risks and uncertainties limited to, statements include, but are not risks and uncertainties regarding fluctuations in earnings, intense competition, political instability and general economic conditions affecting our industry. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.

©2018 ZEN TECHNOLOGIES LIMITED., ALL RIGHTS RESERVED. ZEN TECHNOLOGIES LOGO IS A TRADEMARK OF ZEN TECHNOLOGIES LIMITED. IN ADDITION TO COMPANY DATA, DATA FROM MARKET RESEARCH AGENCIES, STOCK EXCHANGES AND INDUSTRY PUBLICATIONS HAS BEEN USED FOR THIS PRESENTATION. THIS MATERIAL WAS USED DURING AN ORAL PRESENTATION; IT IS NOT A COMPLETE RECORD OF THE DISCUSSION. THIS WORK MAY NOT BE USED, SOLD, TRANSFERRED, ADAPTED, ABRIDGED, COPIED OR REPRODUCED IN WHOLE ON OR IN PART IN ANY MANNER OR FORM OR IN ANY MEDIA WITHOUT THE PRIOR WRITTEN CONSENT. ALL PRODUCT NAMES AND COMPANY NAMES AND LOGOS MENTIONED HEREIN ARE THE TRADEMARKS OR REGISTERED TRADEMARKS OF THEIR RESPECTIVE OWNERS.

← All Transcripts ZENTEC Stock Page →

Zen Technologies Limited has informed the Exchange about Investor Presentation

Market Movers