ZENTECNSE29 January 2024

Zen Technologies Limited has informed the Exchange about Investor Presentation

Zen Technologies Limited

Date: January 29, 2024

To Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Through: NEAPS Symbol/Security ID: ZENTEC

Dear Sir/Madam,

To Dept. of Corp. Services BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Through: BSE Listing Centre Security Code: 533339

Sub:

Investor Presentation

****

Please find attached Investor Presentation on the Un-audited Financial Results of the Company for the quarter and nine months ended December 31, 2023.

above

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

information

available

also

the website

the Company:

Kindly take the same on record and acknowledge the receipt.

Thanking you. Yours faithfully, For Zen Technologies Limited

M. Raghavendra Prasad Company Secretary and Compliance Officer M.no.: A41798

Encl: as above

Investor Presentation

Q 3 F Y 2 4

NSE: ZENTEC BSE: ZENTEC - 533339

BLOOMBERG: ZEN IN REUTERS: ZETE.BO

Management Commentary

Mr Ashok Atluri CHAIRMAN & MANAGING DIRECTOR

“Reflecting on the performance of Q3FY24, I am pleased to report that Zen Technologies Limited has continued its growth trajectory, reporting the company's best ever 9- month performance in its history. FY24 is on course to become the most successful year to date in terms of financial performance and new order wins for the company.

To date in FY24, the company has secured 15 new patent grants in India, reinforcing its commitment to innovation and technological advancement. In line with our previously stated guidance, we remain on track to achieve our revenue target of ₹450+ crores for FY24. The order book remains robust, and we are optimistic about securing additional contracts. Furthermore, the export markets continue to offer significant growth opportunities, which the company is actively pursuing with its competitive product offerings.

Building on this momentum, we are confident in our ability

to achieve a turnover of ₹ 900+ crores in the next financial year, which would mark another milestone in our journey of growth.

Zen Technologies remains focused on maintaining strong liquidity and leveraging its asset-light business model to ensure sustained growth and value creation for our stakeholders.

Zen is also looking at opportunities to expand inorganically through acquisition. To support this path of probable growth, we have passed an enabling resolution to raise funds. This resolution allows for the raising of funds up to an aggregate amount of ₹ 1,000 Crores.

We anticipate that our strategic investments and the unwavering commitment to our core competencies will continue to yield positive outcomes as we advance."

Quarterly Standalone Highlights

Revenue from Operations (YoY)

EBITDA (YoY)

Profit After Tax (YoY)

(All Values ₹ in Crore)

198%

371%

318%

98.08

32.93

10.27

7.58

48.41

31.67

Q3FY23

Q3FY24

Q3FY23

Q3FY24

Q3FY23

Q3FY24

Revenue Segmentation (Training Simulators and Equipment vs AMC)

Revenue Segmentation (Domestic vs Exports)

R&D Expenses

(All Values ₹ in Crore)

8.43

89.65

Q3FY24

9.69 23.25

Q3FY23

0.48

89.17

3.38

6.43

23.25

Q3FY23

Q3FY24

Q3FY23

Q3FY24

Training Simulators and Equipment

AMC

Domes tic

Exports

Quarterly Consolidated Highlights

Revenue from Operations (YoY)

EBITDA (YoY)

Profit After Tax (YoY)

(All Values ₹ in Crore)

90%

99.52

150%

46.73

224%

30.58

52.49

18.66

9.44

Q3FY23

Q3FY24

Q3FY23

Q3FY24

Q3FY23

Q3FY24

Q3FY23

Q3FY24

Q3FY23

Q3FY24

Q3FY23

Q3FY24

*PAT Adjusted for Non-Controlling Interests

Order Book Status as of 31st December 2023

Order Book

New Orders

Orders Executed

Total Order Book

Order Book as on 1st October 2023

New Order bagged in Q3FY24

Orders executed in Q3FY24

Total Order Book as on 31st December 2023

AMC: 257.03 Cr Equipment: 1,146.40 Cr

AMC: 21.41 Cr Equipment: 107.67 Cr

AMC: 8.43 Cr Equipment: 89.65 Cr

AMC: 270.00 Cr Equipment: 1,164.38 Cr

Total : 1,403.43 Cr

Total : 129.08 Cr

Total : 98.08 Cr

Total : 1,434.38 Cr

Diversified Order Book

Domestic

Export

Total

Training Simulators & Equipment

640.37

159.78

800.15

Anti-Drone Systems

356.86

277.37

634.23

TOTAL

997.23

437.15

1,434.38

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

Interest Cost

Depreciation

Profit Before Tax

Profit After Tax

Q3FY24

(Unaudited)

Q3FY23

(Unaudited)

Q2FY24

(Unaudited)

98.08

4.18

102.26

54.00

48.41

47.34%

0.41

1.94

46.06

31.67

32.93

1.91

34.84

25.00

10.27

29.48%

0.45

1.12

8.70

7.58

64.03

4.79

68.83

42.00

26.55

38.57%

0.45

1.77

24.34

17.34

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

Interest Cost

Depreciation

Profit Before Tax

Profit After Tax (Adjusted for Non-Controlling Interests)

Q3FY24

(Unaudited)

Q3FY23

(Unaudited)

Q2FY24

(Unaudited)

99.52

4.24

103.75

57.00

46.73

45.04%

0.53

2.64

43.56

30.58

52.49

1.95

54.44

36.00

18.66

34.28%

2.10

1.54

15.01

9.44

66.50

5.34

71.84

48.00

24.31

33.83%

0.53

2.20

21.57

15.28

R&D Spends over the Years (In crores)

18.7

10.8

11.5

6.8

2 0

9MFY21

9MFY22

9MFY23

9MFY24

Strategic Priorities

Continue to grow the sales of Equipment and expand the product portfolio with strong focus on emerging space 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

©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.

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Disclaimer:

Certain Statements 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 risks and uncertainties relating these statements include, but are not limited to, risks and uncertainties regarding fluctuations intense competition, political in earnings, 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.

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Zen Technologies Limited has informed the Exchange about Investor Presentation

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