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    Zen Technologies Limited

    Hyderabad-based defence-tech maker of combat simulators, live-fire training ranges and anti-drone (counter-UAS) systems for armed forces.

    Capital Goods
    Industrials
    View ZENTEC earnings calls
    ₹1,769.7
    +2.11% from avg

    Overview

    Price

    ₹1,769.7

    Market Cap

    ₹15.2k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital88888999
    Reserves1831962753084401.7k1.8k1.9k
    Borrowings321576781819
    Other Liabilities201771151296271235253
    Total Liabilities2142233694747502.0k2.0k2.2k
    AssetsFixed Assets7370677593208218241
    CWIP0032117813
    Investments22220486
    Other Assets1391522973946461.8k1.8k1.9k
    Total Assets2142233694747502.0k2.0k2.2k

    Valuation

    Assumptions

    Current — ZENTEC
    Price
    ₹1,770
    EPS (TTM)
    ₹13.89
    PE (TTM)
    127.4
    Profit growth
    44.5%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (65.7×) and current (127.4×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,770
    vs
    Fair value · 15% return
    ₹2,883
    63%Undervalued

    At 44.5% growth and a 66× exit, ₹1770 only delivers your return if you pay ₹2,883. The price is currently baking in 32% growth.

    EPS grows 44.5%/yr for 5 years, then fades to 6% over 2, exits at 66×.

    YearGrowthEPS (₹)
    FY2744.5%20.07
    FY2844.5%29.00
    FY2944.5%41.91
    FY3044.5%60.56
    FY3144.5%87.51
    FY3225.3% ·fade109.60
    FY336.0% ·fade116.18

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Zen Technologies Limited

    Guides on how to read this kind of business and the numbers that matter.