Zen Technologies Ltd.

ZENTECIndustrials filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

2 transcript(s)/analyst meet(s) served; 1 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 2 documents here); elsewhere sentences render unattributed.

Kind	Date	Period	Served
TRANSCRIPT	20210209	2020-03-31	yes
TRANSCRIPT	20241112	2024-09-30	yes
DUPLICATE	20241112	2024-09-30	no
TRANSCRIPT	20251030	2025-09-30	yes
TRANSCRIPT	20260731	2026-06-30	yes

ZENTEC

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity


Statement division	general
Scope served	consolidated
Panels on this page	4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.


Last close	1,645.70
52-week range	1228.1 – 1997.0
Return 1M	-12.36%
Return 3M	-7.09%
Return 1Y	7.34%
Return 3Y	117.63%
Return 5Y	703.17%
Market capitalisation	not shown — we could not confirm it
Shares outstanding	not shown — we could not confirm it
P/E	not shown — we could not confirm it
P/B	not shown — we could not confirm it
EV/EBITDA	not shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.


Revenue from operations	142.00
Other income	19.00
Total income	161.00
Cost of materials consumed	84.00
Purchases of stock-in-trade	0.00
Changes in inventories	-58.00
Employee benefit expense	34.00
Finance costs	1.00

Ownership — 2026-06-30, and the change from 2026-03-31

Holder	Per cent	Change
promoter and promoter group	0.49	0.00
institutions foreign	0.06	0.00
institutions domestic	0.10	0.00
mutual funds	0.08	0.01
public	0.51	0.00

Documents on file

Class	Most recent	On file
DUPLICATE	2024-09-30	1
TRANSCRIPT	2026-06-30	4

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line	2022-09-30	2022-12-31	2023-03-31	2023-06-30	2023-09-30	2023-12-31	2024-03-31	2024-06-30	2024-09-30	2024-12-31	2025-03-31	2025-06-30	2025-09-30	2025-12-31	2026-03-31	2026-06-30
Revenue from operations	33.00	52.00	96.00	132.00	67.00	100.00	141.00	255.00	242.00	152.00	325.00	158.00	174.00	178.00	178.00	142.00
Other income	3.00	2.00	-0.00	3.00	5.00	4.00	3.00	3.00	8.00	22.00	25.00	22.00	25.00	16.00	23.00	19.00
Total income	37.00	54.00	96.00	135.00	72.00	104.00	144.00	258.00	250.00	174.00	350.00	180.00	199.00	193.00	201.00	161.00
Cost of materials consumed	14.00	30.00	26.00	6.00	31.00	46.00	90.00	110.00	117.00	57.00	61.00	29.00	53.00	52.00	51.00	84.00
Purchases of stock-in-trade	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Changes in inventories	-8.00	-13.00	1.00	23.00	-12.00	-21.00	-43.00	-7.00	-0.00	6.00	25.00	9.00	-4.00	-13.00	-11.00	-58.00
Employee benefit expense	7.00	8.00	13.00	14.00	12.00	15.00	19.00	20.00	21.00	19.00	29.00	32.00	22.00	35.00	39.00	34.00
Finance costs	1.00	2.00	1.00	0.00	1.00	1.00	1.00	1.00	2.00	3.00	4.00	3.00	2.00	3.00	2.00	1.00
Depreciation and amortisation	1.00	2.00	2.00	2.00	2.00	3.00	3.00	3.00	4.00	4.00	5.00	6.00	6.00	6.00	6.00	8.00
Other expenses	11.00	11.00	20.00	21.00	17.00	18.00	25.00	21.00	24.00	26.00	71.00	24.00	38.00	37.00	49.00	43.00
Total expenses	26.00	39.00	63.00	66.00	50.00	60.00	95.00	147.00	168.00	115.00	196.00	103.00	117.00	120.00	135.00	112.00
Profit before exceptional items and tax	11.00	15.00	33.00	69.00	22.00	44.00	49.00	110.00	82.00	59.00	154.00	77.00	82.00	73.00	66.00	49.00
Exceptional items	0.00	2.00	0.00	0.00	0.00	0.00	2.00	0.00	0.00	0.00	0.00	0.00	1.00	0.00	0.00	-3.00
Profit before tax	11.00	17.00	33.00	69.00	22.00	44.00	52.00	110.00	82.00	59.00	154.00	77.00	83.00	73.00	66.00	46.00
Current tax	3.00	4.00	7.00	13.00	4.00	8.00	11.00	29.00	22.00	17.00	44.00	20.00	21.00	25.00	14.00	16.00
Deferred tax	1.00	1.00	3.00	8.00	4.00	6.00	3.00	2.00	-3.00	-0.00	-4.00	3.00	1.00	-8.00	3.00	-2.00
Tax expense	3.00	5.00	10.00	21.00	8.00	14.00	14.00	31.00	19.00	17.00	40.00	23.00	21.00	17.00	17.00	13.00
Profit for the period	8.00	12.00	23.00	48.00	14.00	30.00	38.00	79.00	63.00	43.00	114.00	53.00	62.00	56.00	47.00	32.00
Profit attributable to owners	6.00	9.00	20.00	47.00	15.00	31.00	35.00	0.00	0.00	40.00	99.00	50.00	59.00	60.00	32.00	34.00
Profit attributable to non-controlling interests	2.00	3.00	3.00	1.00	-2.00	-1.00	3.00	0.00	1.00	3.00	13.00	5.00	3.00	1.00	16.00	-3.00
Other comprehensive income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.00	-0.00	-0.00	-2.00	2.00	-0.00	5.00	1.00	0.00
Total comprehensive income	8.00	12.00	24.00	48.00	14.00	30.00	38.00	79.00	63.00	42.00	111.00	55.00	62.00	61.00	48.00	32.00
Earnings per share, basic	0.71	1.19	2.55	5.81	1.83	3.67	4.19	9.19	7.26	4.42	11.24	5.31	6.61	6.09	3.51	3.83
Earnings per share, diluted	0.70	1.14	2.43	5.65	1.83	3.67	4.19	9.19	7.26	4.20	11.24	5.31	6.61	6.09	3.51	3.83

Annual results, as filed

Line	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31	2024-03-31	2025-03-31	2026-03-31
Revenue from operations	92.00	149.00	55.00	70.00	219.00	440.00	974.00	688.00
Other income	3.00	2.00	3.00	5.00	7.00	15.00	58.00	85.00
Total income	95.00	151.00	58.00	75.00	226.00	455.00	1,032.00	773.00
Cost of materials consumed	37.00	26.00	10.00	25.00	79.00	172.00	345.00	185.00
Purchases of stock-in-trade	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Changes in inventories	-12.00	11.00	-1.00	-11.00	-20.00	-54.00	24.00	-20.00
Employee benefit expense	17.00	20.00	17.00	21.00	36.00	59.00	89.00	127.00
Finance costs	5.00	3.00	1.00	2.00	4.00	2.00	10.00	10.00
Depreciation and amortisation	4.00	5.00	5.00	5.00	6.00	10.00	15.00	24.00
Other expenses	33.00	30.00	22.00	31.00	52.00	82.00	142.00	148.00
Total expenses	84.00	94.00	53.00	72.00	156.00	271.00	626.00	475.00
Profit before exceptional items and tax	11.00	57.00	4.00	4.00	70.00	184.00	406.00	298.00
Exceptional items	0.00	0.00	0.00	-0.00	2.00	2.00	0.00	1.00
Profit before tax	11.00	57.00	4.00	3.00	72.00	186.00	406.00	299.00
Current tax	4.00	10.00	2.00	1.00	15.00	36.00	112.00	75.00
Deferred tax	-6.00	-12.00	-0.00	-1.00	6.00	20.00	-5.00	3.00
Tax expense	-2.00	-2.00	2.00	1.00	22.00	57.00	107.00	79.00
Profit for the period	13.00	59.00	3.00	3.00	50.00	130.00	299.00	218.00
Profit attributable to owners	—	59.00	—	2.00	43.00	128.00	278.00	193.00
Profit attributable to non-controlling interests	—	-0.00	—	1.00	7.00	2.00	19.00	24.00
Other comprehensive income	-0.00	0.00	-0.00	0.00	0.00	1.00	-3.00	8.00
Total comprehensive income	13.00	59.00	3.00	3.00	50.00	130.00	297.00	226.00
Earnings per share, basic	1.73	7.62	0.39	0.25	5.39	15.45	32.07	21.52
Earnings per share, diluted	1.73	7.62	0.39	0.25	5.20	15.34	32.07	21.52

Balance sheet, as filed

Line	2022-09-30	2023-03-31	2023-09-30	2024-03-31	2024-09-30	2025-03-31	2025-09-30	2026-03-31
Total assets	411.00	474.00	644.00	751.00	1,887.00	2,049.00	2,049.00	2,160.00
Non-current assets	95.00	97.00	166.00	132.00	126.00	445.00	647.00	606.00
Current assets	316.00	377.00	478.00	618.00	1,762.00	1,604.00	1,403.00	1,554.00
Property, plant and equipment	60.00	68.00	74.00	87.00	89.00	106.00	114.00	137.00
Capital work-in-progress	5.00	2.00	0.00	10.00	14.00	4.00	8.00	13.00
Goodwill	1.00	1.00	1.00	3.00	3.00	70.00	75.00	76.00
Other intangible assets	6.00	4.00	4.00	4.00	4.00	7.00	7.00	9.00
Inventories	44.00	49.00	47.00	169.00	164.00	119.00	121.00	188.00
Trade receivables	54.00	85.00	129.00	185.00	420.00	410.00	327.00	224.00
Cash and cash equivalents	30.00	110.00	154.00	37.00	55.00	74.00	370.00	79.00
Total equity and liabilities	411.00	474.00	644.00	751.00	1,887.00	2,049.00	2,049.00	2,160.00
Equity	300.00	330.00	394.00	466.00	1,582.00	1,736.00	1,838.00	1,949.00
Equity share capital	8.00	8.00	8.00	8.00	9.00	9.00	9.00	9.00
Other equity	284.00	308.00	372.00	440.00	1,552.00	1,692.00	1,788.00	1,880.00
Total liabilities	111.00	143.00	250.00	284.00	305.00	313.00	211.00	211.00
Non-current liabilities	4.00	3.00	4.00	14.00	54.00	69.00	31.00	36.00
Current liabilities	107.00	140.00	246.00	270.00	252.00	244.00	179.00	175.00
Borrowings, non-current	1.00	0.00	0.00	4.00	40.00	40.00	0.00	1.00
Borrowings, current	15.00	6.00	0.00	2.00	18.00	14.00	0.00	2.00
Trade payables	6.00	7.00	13.00	32.00	32.00	25.00	23.00	49.00

Cash flow, as filed

Line	2022-09-30	2023-03-31	2023-09-30	2024-03-31	2024-09-30	2025-03-31	2025-09-30	2026-03-31
Net cash from operating activities	6.00	116.00	63.00	13.00	-69.00	-146.00	115.00	245.00
Net cash from investing activities	2.00	-4.00	-14.00	-85.00	-941.00	-823.00	255.00	-161.00
Net cash from financing activities	-1.00	-22.00	-7.00	-3.00	1,029.00	1,007.00	-75.00	-78.00
Purchase of property, plant and equipment	5.00	13.00	6.00	30.00	22.00	32.00	20.00	59.00
Net increase in cash	7.00	91.00	42.00	-75.00	19.00	37.00	295.00	5.00
con:CFO.BEFORE_TAX	12.00	137.00	74.00	46.00	-20.00	-30.00	156.00	333.00
con:INTEREST_RECEIVED.OPERATING	0.00	-6.00	0.00	0.00	0.00	0.00	0.00	0.00
con:INTEREST_PAID.OPERATING	0.00	0.00	12.00	0.00	0.00	0.00	0.00	0.00
con:DIVIDENDS_RECEIVED.OPERATING	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:TAX_PAID.OPERATING	6.00	14.00	0.00	33.00	50.00	117.00	41.00	88.00
con:CF_OTHER.OPERATING	0.00	-0.00	1.00	0.00	0.00	0.00	0.00	0.00
con:INVESTMENTS_PURCHASED	0.00	3.00	0.00	0.00	0.00	0.00	0.00	0.00
con:INVESTMENTS_SOLD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:PPE_DISPOSALS	0.00	0.00	0.00	0.00	0.00	0.00	-0.00	-0.00
con:CF_INVESTING.SUBSIDIARIES_SOLD	0.00	0.00	0.00	0.00	0.00	0.00	-2.00	-2.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED	0.00	0.00	0.00	4.00	0.00	63.00	6.00	44.00
con:CF_INVESTING.JV_SOLD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
con:CF_INVESTING.JV_ACQUIRED	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder	2023-06-30	2023-09-30	2023-12-31	2024-03-31	2024-06-30	2024-08-23	2024-09-30	2024-12-31	2025-03-31	2025-06-30	2025-09-30	2025-12-31	2026-03-31	2026-06-30
Promoter and promoter group	57.45	57.45	55.07	55.07	55.07	51.26	51.26	49.05	49.05	49.05	0.49	0.49	0.49	0.49
Domestic institutions	0.21	0.16	3.09	3.32	3.38	8.10	8.05	8.98	9.48	8.76	0.08	0.08	0.10	0.10
Mutual funds	—	—	—	—	—	—	—	—	—	6.77	0.05	0.05	0.07	0.08
Insurance companies	0.00	0.00	2.49	2.62	2.83	2.13	2.10	0.30	0.01	0.17	0.01	0.01	0.01	0.00
Foreign institutions	3.47	4.83	4.65	3.84	3.08	5.86	5.72	8.29	5.95	6.03	0.06	0.06	0.06	0.06
Public	41.78	41.78	44.16	44.31	44.40	48.26	48.27	50.49	50.51	50.52	0.51	0.51	0.51	0.51
Non-institutional	38.10	36.79	36.42	37.16	37.94	34.30	34.50	33.23	35.09	35.72	0.37	0.38	0.35	0.34
Shares outstanding	84044260	84044260	84044260	84044260	84044260	90290356	90290356	90290356	90290356	90290356	90290356	90290356	90290356	90290356

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

Counterparty	Relationship	Type	Amount in the period	Transactions
Unistring Tech Solutions Private Limited	Subsidiary Company	Any other transaction	1,381,950,000.00	3
Mr. Ashok Atluri	Chairman & Managing Director	Remuneration	67,538,000.00	1
Mr. Kishore Dutt Atluri	President & Joint Managing Dir	Remuneration	60,207,000.00	1
Zen Employees Welfare Trust	Trust - Employee Welfare formed fo	Any other transaction	21,616,000.00	1
Aituring Technologies Pvt.Ltd	Subsidiary Company	Advance, Sale of goods or services	18,427,000.00	2
Mr. Afzal Harunbhai Malkani	Chief Financial Officer	Remuneration	4,489,000.00	1
Mr. Ravi Kumar Midathala	Whole-Time Director	Remuneration	3,751,000.00	1
Ms. Shilpa Choudari	Whole-Time Director	Remuneration	3,126,000.00	1
Mr. Arjun Dutt Atluri	Vice President (Son of President	Remuneration	1,309,000.00	1
Mr. Raghavendra Prasad Movva	Company Secretary & Compliance	Remuneration	1,137,000.00	1
Ms. Anisha Atluri	Senior Manager - HR & Admin (D	Remuneration	889,000.00	1
Ms. Abhilasha Atluri	Process Innovator (Daughter of CMD	Remuneration	540,000.00	1
Mrs. Rama Devi Atluri	Spouse of President (Relative of K	Any other transaction	366,000.00	1
Mr. Sanjay Jesrani	Independent Director	Any other transaction	200,000.00	1
Dr. Ravindra Kumar Tyagi	Independent Director	Any other transaction	200,000.00	1

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

Date	Quarter	Who spoke
2024-11-12	Q2FY25	Analyst:	Read the call
2021-02-09	FYFY20		Read the call

What they said about it, quarter by quarter

Topic	FYFY20	Q2FY25
Capex	—	Regarding you have good plans for the US, so any capex requirement for the new plant in make in America?
Capital allocation	—	Again, when we look at the anti-drone systems, our acquisition with AI Turing is playing out very well.
Debt and cash	—	Yes, so if you see in the current it may again go back to the last financial year March 31, 2024 in which our working capital cycle was around 148 day…
Demand	My question is related to the order book execution.	The demand for these products continues to grow and there is a very large market for this segment and especially as we have told that because of the U…
Guidance	I would like to remind you all, that everything said in this call reflecting any outlook for the future, which can be constituted as a forward-looking…	Even though the order pipeline is almost Rs.3500 Crores, we expect about Rs.1,200 Crores to come in by the end of this financial year, which we will b…
Margin	Our headline number for Q3 FY21 are revenue from operations to Rs.16.57 crores, EBITDA stood at 3.37 crores, with a profit to margin of 20.32%.	Now, again, we have seen some gross margin drop and we feel that it is mainly due to the evolving nature of the new products that are coming in.
Revenue growth	—	Okay, after we spend Rs.400 Crores for acquisitions, how much top line we can expect?