Zen Technologies Limited — Investor Meet, 01-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Zen Technologies' Q1 FY2026 saw subdued consolidated revenue at Rs. 158 Cr (PAT Rs. 47.75 Cr), impacted by Rs. 60-70 Cr equipment revenue deferred to Q2 due to design changes. Management expects significant order inflow in H2, including ~Rs. 650 Cr in simulator orders by September. While FY2026 may be muted, the company maintains its Rs. 6000 Cr revenue target for FY2026-2028, projecting FY2027-2028 as very strong. Zen is pushing hard-kill anti-drone systems and expanding exports, with a strong focus on AI integration across operations and products.