Zen Technologies has announced its financial results for the second quarter and first half of FY27. The company achieved a record consolidated quarterly revenue of ₹345.13 crore, marking a 98.8% year-on-year growth. Operational EBITDA stood at ₹131.99 crore with a healthy margin of 38.2%. The consolidated order book also grew to ₹1,375.70 crore as of September 30, 2026.
Zen Technologies Achieves Record Quarterly Performance in Q2 FY27
Zen Technologies Limited, a leading provider of anti-drone technology and defense training solutions, has reported its financial results for the second quarter and first half ended September 30, 2026. The company announced a significant milestone with its highest-ever consolidated quarterly revenue of ₹345.13 crore. This represents a substantial growth of 98.8% compared to the same period last year.
Key Financial Highlights
The reported revenue for Q2 FY27 reflects the company’s expanding execution capabilities and sustained demand across its product categories. Alongside the revenue surge, Zen Technologies posted a strong Operational EBITDA of ₹131.99 crore, achieving an impressive margin of 38.2%. For the first half of FY27 (H1 FY27), the consolidated revenue was ₹486.77 crore, with an Operational EBITDA of ₹170.71 crore.
Order Book Growth and Strategic Position
The company’s order inflow for the quarter was robust at ₹481.81 crore, contributing to a consolidated order book of ₹1,375.70 crore as of September 30, 2026. This growth in the order book is attributed to accelerating execution and sustained demand. Zen Technologies highlighted its strategic advantage in the defense sector, particularly with the government’s increasing focus on indigenous procurement. The company’s ownership of core technology positions it well to benefit from this indigenization trend.
Management Commentary
Commenting on the results, Mr. Ashok Atluri, Chairman and Managing Director, stated, “This quarter marks a defining milestone in Zen’s growth trajectory.” He emphasized the company’s ability to respond rapidly to evolving operational needs due to its in-house technology development, enabling faster turnaround times for product modifications. Atluri expressed confidence in Zen’s strong position to capitalize on future opportunities driven by the industry’s shift towards indigenization.
Consolidated Financials – Key Figures (Unaudited)
| Particulars (In Crore) | Q2FY27 | Q1FY27 | Q2FY26 | H1FY27 | H1FY26 |
|---|---|---|---|---|---|
| Sales | 345.13 | 141.64 | 173.57 | 486.77 | 331.79 |
| Total Revenue | 361.84 | 160.79 | 198.88 | 522.64 | 378.89 |
| EBITDA | 148.70 | 57.88 | 90.05 | 206.59 | 176.55 |
| Operational EBITDA | 131.99 | 38.72 | 64.74 | 170.71 | 129.45 |
| Profit After Tax (Adjusted for Non-Controlling Interest) | 89.54 | 34.46 | 59.40 | 124.00 | 107.15 |
Source: BSE