Zen Technologies Ltd.

NSE: ZENTEC | BSE: 533339 | ISIN: INE251B01027 |Industry: Defence
|Expensive Star
205.65 1.85 (0.91%)
NSE Nov 30, 2021 13:44 PM
Volume: 287.3K
 

Zen Technologies Ltd.    
02 Nov 2021
205.65
0.91%

Highlights:

  • EBITDA (excluding Other Income) stood at Rs -0.15 crores, resulting in EBITDA margins of -0.97%
  • PAT stood at Rs -0.74 crores
  • Company maintains strong Balance Sheet position by being almost Debt-free and supported by ample liquidity-position
  • Consolidated Revenue from Operations stood at Rs15.75 crores

Commenting on the results, Mr. Ashok Atluri – Chairman and Managing Director, said: “I am delighted to share with you our performance for this quarter. Our AMCs contributed about INR 7.63 crores to this quarter. We soon expect to cross the run rate of INR 8.5 crores per quarter. The AMC revenues will soon cover all the fixed overheads during this financial year, which is a positive direction for us at Zen.

We recently bagged two big orders, one from the export market and another from the Indian Air Force. The order for our anti-drone technologies validates our hard work and our bets, and we believe that there will be many such big orders in the future.

This quarter we have also integrated hard kill technology with our anti-drone systems, which has further strengthened our position and opened up new markets for us. We have also decided to raise INR 100 crores, primarily, for further R&D in anti-drone area and export promotion.”

Result PDF

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Zen Technologies Ltd. is trading below it's 30 day SMA of 215.1
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