Rs 956.74 Crore Order Book: Chief of Defence Staff Unveils This Defence Company’s AI-Powered Defence Systems to Enhance Surveillance, Firepower & National Security
As of September 30, 2024, the total order book is Rs 956.74 crore.
Chief of Defence Staff, General Anil Chauhan, unveiled Zen Technologies' latest AI-powered defence systems at Aero India 2025 in Bengaluru. These cutting-edge solutions, designed to enhance surveillance, firepower, and overall national security, underscore the growing importance of indigenous innovation in modernizing India's defence capabilities. The launch highlighted Zen Technologies' commitment to developing mission-ready solutions that address evolving security threats.
Zen Technologies showcased three advanced systems at the event, drawing significant attention from defence officials, military leaders, and global industry representatives. Aero India provided a prominent platform for Zen to demonstrate its state-of-the-art anti-drone and combat solutions, designed to enhance combat precision, aerial firepower, and counter emerging threats. The company's presence at the event reaffirmed its key role in India's defence technology sector.
Among the innovations unveiled were the Zen Vyomkavach, an advanced anti-drone system capable of detecting and neutralizing various drone threats, including models like the Byraktar TB2; a Four Barrel Rotary Machine Gun (12.7 x 99 mm) designed for anti-drone and high-intensity combat; and a Twin Barrel Autocannon (Turreted 20 mm) offering enhanced strike capability for combat helicopters. These systems represent a significant advancement in India's military readiness and technological superiority.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, do download the service details here.
Zen Technologies, a Hyderabad-based company established in 1996, is a leading provider of cutting-edge defence training solutions and anti-drone systems. With over three decades of experience, Zen has built a stellar reputation in defence training and combat readiness measurement for security forces. Zen specializes in the Indigenous design, development and manufacture of sensor and simulator technology-based defence training and anti-drone systems. Serving the Ministry of Defence, security forces, police, and paramilitary forces, Zen has a dedicated R&D facility in Hyderabad, recognized by the Ministry of Science and Technology, Government of India. Zen has filed for over 150 patents and has shipped more than 1,000 training systems worldwide.
According to Quarterly Results, the net sales increased by 264 per cent to Rs 241.84 crore, the operating profit increased by 264 per cent to Rs 88.48 crore and the net profit increased by 365 per cent to Rs 63.44 crore in Q2FY25 compared to Q2FY24. In its half-yearly results, the net sales increased by 150 per cent to Rs 496.46 crore, the operating profit increased by 112 per cent to Rs 202.94 crore and the net profit increased by 130 per cent to Rs 142.93 crore in H1FY25 compared to H1FY24. Looking at its annual results, net sales increased by 101 per cent to Rs 439.85 crore and net profit increased by 159.2 per cent to Rs 129.05 crore in FY24 over FY23.
The company has a market cap of over Rs 13,000 crore with a 3-year stock price CAGR of 140 per cent. As of September 30, 2024, the total order book is Rs 956.74 crore. The stock gave multibagger returns of 600 per cent returns in 2 years and a whopping 2,425 per cent in 5 years. Investors should keep an eye on this multibagger aerospace & defence stock.
Disclaimer: The article is for informational purposes only and not investment advice.