Aerospace & Defence Multibagger Zen Technologies Declares 276% Jump In Q2FY25 PAT

India's leading anti-drone technology and defense training solutions player Zen Technologies Ltd today reported its financial results for Q2 & H1FY25. The company reported a jump of 276% in its profit after tax (PAT) for Q2FY25 to Rs 65.24 crore as against the PAT of Rs 17.34 crore for Q2FY2024. It declared its revenue from operations for Q2FY25 surged by 277% YoY to Rs 241.69 crore as compared to Rs 64.03 crore reported in the similar quarter of last year. Total revenue announced at Rs 250.11 crore for quarter under review from Rs 68.83 crore reported in Q2 FY2024.

Commenting on the results, Mr. Ashok Atluri - Chairman and Managing Director, said, "I am pleased to share the results for Q2FY25, which reflect a solid continuation of the growth we achieved in Q1FY25. Our revenue from operations for Q2FY25 reached ₹241.69 crores, a significant increase of 277% compared to ₹64.03 crores in Q2FY24. Our operational EBITDA for the quarter was ₹79.42 crores, representing a growth of 265% from ₹21.76 crores in the same period last year, while our profit after tax stood at ₹65.24 crores, up 276% from ₹17.34 crores. We have exceeded the revenue and profit after tax of the previous year FY24 in the H1FY25 itself. As of 30th September 2024, our order book is strong at ₹956.74 crores, positioning us well for future growth."

During the quarter, we successfully completed a Qualified Institutional Placement (QIP), raising ₹1000 crores. This initiative received strong response, with subscriptions exceeding five times the issue amount. Notable marquee investors who have been allotted equity shares through our recent Qualified Institutional Placement (QIP) include Kotak Mutual Fund, Motilal Oswal and White Oak Offshore. Their participation underscores the confidence in our growth strategy and future prospects, added Ashok Atluri.

Zen Technologies Stock Outlook & Return

Last trading price of Zen Technologies shares on Bombay Stock Exchange (BSE) is Rs 1878.40 per share. Its market capitalisation stood at Rs 16,960.14 crore. The stock's 52-week high price is Rs 1998.80 per share and 52-week low price is Rs 687.70 per share, respectively.

Zen Technologies shares rallied 164% in last 1-year, soared 837% in last 2-years only, and delivered returns of 2656% in last 5-years.

About Zen Technologies

It is a renowned industry leader with over three decades of expertise in delivering cutting-edge Military Training and Anti-Drone solutions. The company specializes in manufacturing state-of-the-art land-based military training simulators, driving simulators, live range equipment, and anti-drone systems. With a dedicated Research and Development (R&D) facility in Hyderabad, recognized by the Ministry of Science and Technology, Government of India, Zen Technologies has demonstrated its commitment to innovation. The company has filed for over 130 patents, of which over 50 have been granted and has successfully shipped more than 1000 training systems worldwide.

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