Bigul

ZEN TECHNOLOGIES LTD. - 533339 - Intimation Relating To Receipt Of Order

Please find the attached intimation
12-08-2023
Bigul

ZEN TECHNOLOGIES LTD. - 533339 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

With reference to the subject cited above, please find enclosed the transcript of the Conference Call with Investors / Analysts held on August 7, 2023, on the Q1FY24 performance of the Company.
10-08-2023
Bigul

Q1FY24 Quarterly Result Announced for Zen Technologies Ltd.

Defence company Zen Technologies announced Q1FY24 results: Sales of Rs 132.45 crore in Q1FY24 compared to Rs 33.23 crore in Q1FY23 Total revenue of Rs 135.08 crore in Q1FY24 compared to Rs 35.38 crore in Q1FY23 EBITDA of Rs 68.79 crore in Q1FY24 compared to Rs 13.38 crore in Q1FY23 EBITDA margins of 50.93% in Q1FY24 compared to Rs 37.80% in Q1FY23 Interest cost of Rs 0.35 crore in Q1FY24 compared to Rs 0.59 crore in Q1FY23 Profit before tax of Rs 66.98 crore in Q1FY24 compared to Rs 11.87 crore in Q1FY23 Profit after tax of Rs 47.13 crore in Q1FY24 compared to Rs 8.21 crore in Q1FY23 Commenting on the results, Ashok Atluri – Chairman and Managing Director, said, “Zen Technologies' performance for Q1FY24 has set a new record for us in terms of revenue and profitability. This strong performance in the quarter was driven by the successful execution of a significant part of the simulation export and domestic anti-drone orders. The inherent operating leverage of our business model came to the fore this quarter, evident in an EBITDA of 51%. During this quarter, we secured new orders amounting to approximately Rs 202 crore. Additionally, in July 2023, we bagged orders worth around Rs 500 crore. This brings our cumulative order book position to ~ Rs 1,000 crore, a figure that exceeds the cumulative turnover of the last whole decade. We believe this is merely the onset of an inflection point—a positive black swan event, resulting from the convergence of various factors such as #MakeInIndia, #Atmanirbharata, Buy Indian IDDM, Defence Positive Lists, Simulation Framework, and the GoI's Sustainability Commitment. Owing to escalating geopolitical risks and India’s improved international relations, we are optimistic about making significant inroads in the export markets, especially for simulators and anti-drone systems. We have a strong liquidity position and a healthy balance sheet with a significant improvement in our working capital cycle. This will support the execution of the orders and fuel our plans for the growth opportunities that will unfold in the coming years.” Result PDF
08-08-2023
Bigul

ZEN TECHNOLOGIES LTD. - 533339 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

We wish to inform that the Audio Recording of the conference call held today (i.e., on August 7, 2023) at 4:00 p.m.(IST), to discuss the financial performance of the Company for the quarter ended June 30, 2023, has been uploaded on the website of the Company at https://www.zentechnologies.com/calls-and-conferences
07-08-2023

Zen Technologies hits upper circuit after stellar Q1 show

Zen Technologies said consolidated net profit for the quarter ended June 2023 soared 532 per cent to Rs 47.08 crore.
07-08-2023
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