Rs 1,158.54 Crore Order Book: Multibagger Defence Drone Company Launches Groundbreaking Remote-Controlled Weapon and Surveillance Systems to Strengthen India’s Defense Capabilities

The stock gave multibagger returns of 120 per cent in just 1 year, 2,500 per cent returns in 5 years and a whopping 9,500 per cent in a decade.

Zen Technologies Ltd Enhances India's Defense Capabilities with Advanced Remote-Controlled Systems

Zen Technologies, a prominent player in anti-drone technology and defence training, has introduced a suite of innovative remote-controlled weapon and surveillance systems. These advanced solutions aim to bolster India's defence capabilities across land, sea and air.

The newly launched systems include:

• Parashu (RCWS-7.62 x 51 MMG): A versatile weapon system designed for both vehicles and ships. Equipped with thermal imaging and anti-drone capabilities, Parashu is ideal for rapid response missions and counter-UAV operations.
• Fanish (Tank Mounted RCWS-12.7 x 108 HMG): Specifically designed for tanks like the T-72 and T-90, Fanish significantly enhances armoured operations with its powerful 12.7 mm weapon station and advanced thermal targeting system.
• Sharur (Naval RCWS-12.7 x 99 HMG): A robust naval weapon system capable of engaging both surface and aerial threats up to 2 kilometres away. Sharur's advanced stabilization technology ensures accuracy even in challenging conditions.
• Durgam (Artillery Rugged Camera): A military-grade surveillance camera system equipped with day/night vision technology. Durgam offers all-weather reliability and is ideal for armoured vehicles and high-threat zones.

These advanced systems are expected to play a crucial role in safeguarding national security, addressing emerging threats and supporting India's defence forces across diverse terrains and missions.

Zen Technologies' commitment to innovation and self-reliance is evident in its Hyderabad-based research facility, which is recognized by the Ministry of Science and Technology. With over 150 patent filings and more than 1,000 systems deployed globally, Zen is a key partner in India's defence modernization efforts.

About the Company

Zen Technologies is a leader in state-of-the-art 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 Defense, 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 92.2 per cent to Rs 254.62 crore, the operating profit increased by 59.9 per cent to Rs 114.46 crore and the net profit increased by 64.1 per cent to Rs 79.49 crore in Q1FY25 compared to Q1FY24. In 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 15,000 crore with a 3-year stock price CAGR of 140 per cent. As of June 2024, the total order book is Rs 1,158.85 crore. The stock gave multibagger returns of 120 per cent in just 1 year, 2,500 per cent returns in 5 years and a whopping 9,500 per cent in a decade. Investors should keep an eye on this multibagger aerospace & defence stock.

Disclaimer: The article is for informational purposes only and not investment advice.