Zen Technologies Q4FY26 Results Weak Despite Strong ₹1,336 Cr Order Book

Zen Technologies reported Q4FY26 results on March 31, 2026, with revenue at ₹178.08 crore and PAT at ₹31.53 crore.
The company enters FY27 with a consolidated order book of ₹1,336 crore and expanded defense capabilities.

Company Announcement

Zen Technologies announced its financial results for the quarter and full year ended March 31, 2026, via a regulatory filing with the Bombay Stock Exchange.

The company reported quarterly revenue of ₹200.78 crore, including ₹178.08 crore from operations and ₹22.70 crore from other operating income. Profit After Tax (PAT), adjusted for non-controlling interest, stood at ₹31.53 crore.

Management stated that FY26 performance remained subdued compared to FY25, while confirming strategic restructuring and capability expansion.

Key Details
Q4FY26 Revenue: ₹200.78 crore
Operational Revenue: ₹178.08 crore
Other Income: ₹22.70 crore
EBITDA: ₹73.69 crore
EBITDA Margin: 41.38%
PAT (Adjusted): ₹31.53 crore

Full-Year FY26 Performance:

Total Revenue: ₹773.11 crore EBITDA: ₹332.66 crore PAT (Adjusted): ₹193.45 crore

Order Book Position:

Total Order Book: ₹1,336 crore Q4 Order Inflows: ₹431 crore Majority execution scheduled for FY27 Regulatory Update

The company confirmed compliance with applicable listing regulations and financial disclosure norms.

No specific update on trading window closure or insider trading restrictions was disclosed within the filing.

The company also highlighted increased contribution from subsidiaries to consolidated earnings.

Disclosure

The company stated in its exchange filing that it has transitioned into a diversified defense solutions provider with five core verticals:

Training simulation systems Counter-drone solutions Automated weapons systems Combat robotics Drone technologies

The filing further noted alignment with domestic defense policy support and ongoing execution visibility through FY27.

Source: BSE

Zen Technologies’ Q4FY26 FAQ

1. What was Zen Technologies’ Q4FY26 revenue?
₹200.78 crore, including ₹178.08 crore from core operations.

2. What is the current order book size?
₹1,336 crore as of March 31, 2026.

3. What was the FY26 Profit After Tax?
₹193.45 crore (adjusted for non-controlling interest).

Conclusion

Zen Technologies reported stable quarterly profitability with a strong order pipeline. Execution visibility remains concentrated in FY27.