| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 142 | 158 | −10.5% |
| EBITDA | 38.7 | 64.7 | −40.2% |
| EBITDA margin | 27.3% | 40.9% | −13.6 pts |
| Profit before tax | 45.6 | 76.7 | −40.6% |
| Net profit | 31.8 | 53.1 | −40.0% |
| EPS | ₹3.83 | ₹5.31 | −27.9% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 14,641 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 78.9 | 78.9 | 74.2 | 36.7 | 110 | ||
| 60.0 | 60.0 | 35.2 | 17.7 | 14.1 | ||
| 3.4 | 3.4 | 54.2 | 6.0 | 6.3 | ||
| 14,626 | — | — | — | — | ||
| 671 | 688 | 974 | 440 | 219 | ||
| — | −29.4% | +121.4% | +101.0% | — | ||
| 221 | 247 | 374 | 181 | 72.6 | ||
| 33.0% | 36.0% | 38.4% | 41.1% | 33.2% | ||
| 195 | 223 | 358 | 171 | 66.6 | ||
| 197 | 218 | 299 | 130 | 50.0 | ||
| 29.3% | 31.7% | 30.7% | 29.4% | 22.8% | ||
| ₹20.55 | ₹21.43 | ₹30.76 | ₹14.16 | ₹4.73 | ||
| — | −30.3% | +117.2% | +199.2% | — | ||
| — | 245 | −146 | 13.4 | 116 | ||
| — | −58.8 | −32.3 | −29.8 | −13.1 | ||
| 186 | 186 | −179 | −16.4 | 103 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 14,641.4 | |
| - Cash, Equiv & ST Investments | 110.3 | 36.7 | 74.2 | 78.9 | 78.9 | |
| + Minority Interest | 14.1 | 17.7 | 35.2 | 60.0 | 60.0 | |
| + Total Debt | 6.3 | 6.0 | 54.2 | 3.4 | 3.4 | |
| Enterprise Value | — | — | — | — | 14,625.9 | |
| Revenue | 218.8 | 439.9 | 973.6 | 687.7 | 671.1 | |
| Growth %, YoY | — | +101.0 | +121.4 | -29.4 | — | |
| EBITDA | 72.6 | 180.8 | 373.5 | 247.2 | 221.3 | |
| Margin % | 33.18 | 41.10 | 38.36 | 35.95 | 32.97 | |
| EBIT | 66.6 | 171.1 | 358.1 | 222.9 | 195.4 | |
| Net Income | 50.0 | 129.5 | 299.3 | 217.9 | 196.7 | |
| Margin % | 22.83 | 29.44 | 30.74 | 31.69 | 29.31 | |
| EPS, Adj (current shares) | 4.73 | 14.16 | 30.76 | 21.43 | 20.55 | |
| Growth %, YoY | — | +199.2 | +117.2 | -30.3 | — | |
| Cash from Operations | 116.4 | 13.4 | -146.3 | 244.6 | — | |
| Capital Expenditures | -13.1 | -29.8 | -32.3 | -58.8 | — | |
| Free Cash Flow | 103.2 | -16.4 | -178.6 | 185.8 | 185.8 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Zen Technologies (NSE: ZENTEC) had a market capitalisation of ₹14,342 crore at the 30 October 2026 close (₹1,588.40 a share), a PE ratio of 77.3 on the last four quarters' profit and a price-to-book ratio of 7.59. In FY26 its consolidated net profit attributable to shareholders was ₹193 crore on revenue of ₹688 crore; in Q1 FY27 (April–June 2026) it was ₹34.5 crore, down 30.4% year on year. Its debt-to-equity ratio was 0.00 on 31 March 2026. Promoters held 48.51% of the shares on 30 September 2026.
Zen Technologies' PE ratio is 77.3 at the 30 October 2026 close (₹1,588.40 a share): a market capitalisation of ₹14,342 crore divided by consolidated net profit attributable to shareholders of ₹186 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹193 crore) it is 74.1.
Zen Technologies' price-to-book (PB) ratio is 7.59 at the 30 October 2026 close: a market capitalisation of ₹14,342 crore divided by shareholders' equity (book value) of ₹1,889 crore on 31 March 2026. That is a book value of ₹209.22 per share against a share price of ₹1,588.40.
Zen Technologies' book value per share was ₹209.22 on 31 March 2026: shareholders' equity of ₹1,889 crore divided by the 9.03 crore shares in issue, up 11.1% from ₹188.36 a year earlier. The share price at the 30 October 2026 close was ₹1,588.40.
Zen Technologies' market capitalisation was ₹14,342 crore at the 30 October 2026 close: 9.03 crore shares at ₹1,588.40 each.
Zen Technologies' basic earnings per share (EPS) were ₹21.52 in FY26, against ₹32.07 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹20.04.
In 2026, Zen Technologies has declared one dividend: ₹1 with record date 21 August 2026.
No. Zen Technologies had borrowings of ₹3.4 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.00. Its cash and current investments were ₹355 crore, so it held net cash of ₹351 crore.
Zen Technologies' debt-to-equity ratio was 0.00 on 31 March 2026: borrowings of ₹3.4 crore against total equity of ₹1,949 crore. A year earlier, on 31 March 2025, it was 0.03.
Promoters held 48.51% of Zen Technologies on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
Zen Technologies' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,889 crore on 31 March 2026, up 11.1% from ₹1,701 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹14,342 crore at the 30 October 2026 close.
Zen Technologies' dividend yield is 0.06% at the 30 October 2026 close: dividends of ₹1 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,588.40. They were ₹1 on 21 August 2026.
In FY26, Zen Technologies generated ₹245 crore of cash from operations and spent ₹58.8 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹186 crore. In FY25 it was −₹179 crore.
In FY26, Zen Technologies' return on equity (ROE) was 10.8% and its return on capital employed (ROCE) was 11.8%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 25.8% and ROCE 31.3%.
On 30 September 2026, Zen Technologies' shares were held by promoters 48.51%, foreign portfolio investors (FII/FPI) 6.60%, domestic institutions (DII) 10.76% (including mutual funds at 7.71%) and retail and other non-institutional investors 33.60%. Over the year, FII holding was up 0.65 percentage points from 5.95% and DII holding was up 2.83 percentage points from 7.93%.
Zen Technologies' latest results are for Q1 FY27 (April–June 2026), filed on 25 July 2026: consolidated net profit attributable to shareholders ₹34.5 crore, down 30.4% from ₹49.5 crore in Q1 FY26; revenue from operations ₹142 crore, down 10.5% year on year.
In FY26 (April 2025–March 2026), Zen Technologies' consolidated net profit attributable to shareholders was ₹193 crore, down 30.3% from ₹278 crore in FY25, on revenue from operations of ₹688 crore (down 29.4%). Over three years, from FY23, net profit was up 352.6%.
Zen Technologies will announce its Q2 FY27 results (July–September 2026) on Saturday, 31 October 2026, the date of the board meeting it has notified to the exchanges.
At the 30 October 2026 closing prices, on FY26 net profit attributable to shareholders, Zen Technologies' PE ratio is 74.1, the third highest of the four: BEL 44.6, Paras Defence and Space Technologies 114.3 and Data Patterns 78.4, a peer average of 79.1. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against BEL, Paras Defence and Space Technologies and Data Patterns: Zen Technologies' operating margin of 32.4% is the second highest of the four (BEL 27.1%, Paras Defence and Space Technologies 21.7%, Data Patterns 38.0%; peer average 28.9%); its return on equity of 10.8% is the lowest of the four (BEL 27.6%, Paras Defence and Space Technologies 12.9%, Data Patterns 16.7%; peer average 19.1%).
In FY26, Zen Technologies earned net profit attributable to shareholders of ₹193 crore on revenue of ₹688 crore, against ₹6,062 crore on ₹27,610 crore for BEL. Zen Technologies' operating margin was 32.4% (BEL 27.1%) and its return on equity 10.8% (BEL 27.6%). At the 30 October 2026 close, Zen Technologies' market capitalisation was ₹14,342 crore against ₹2,70,390 crore for BEL, and its PE ratio on FY26 profit 74.1 against 44.6.
From Zen Technologies' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.