Zen Technologies shares rally 9% after Q2 profit rises 51% YoY, revenue nearly
Benchmarks Nifty23,307.20254.11FEATURED FUNDS★★★★★UTI Aggressive Hybrid Fund Regular Plan-Growth5Y Return9.02 % Invest NowFEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return18.55 % Invest NowEnter search…
Zen Technologies shares jumped 8.67% after the defence technology company reported a 51% YoY rise in Q2 net profit to Rs 90 crore, while revenue surged 98% to Rs 345 crore. The company recorded an order inflow of Rs 481.81 crore during the quarter, taking its consolidated order book to Rs 1,375.70 crore as of September 30, 2026.
Zen Technologies shares surged 8.67% to Rs 1,726 during Monday's trading session after the defence technology company reported strong financial results for the September 2026 quarter, with consolidated net profit rising 51% year-on-year (YoY) and revenue from operations increasing nearly 98%.The company's consolidated net profit climbed to Rs 90 crore in Q2FY27 from Rs 59 crore in the corresponding quarter last year. Revenue from operations also rose 98% to Rs 345 crore from Rs 174 crore in the year-ago period.
Zen Technologies recorded an order inflow of Rs 481.81 crore during the quarter, taking its consolidated order book to Rs 1,375.70 crore as of September 30, 2026. The growing order book reflects sustained demand across the company's product categories, while faster execution supports the conversion of orders into revenue.
The company said the favourable domestic defence procurement environment is also supporting demand. The Defence Acquisition Council recently accorded Acceptance of Necessity (AoN) to several capital acquisition proposals, around 82% of which are earmarked for procurement from the domestic defence industry. These include categories in which Zen Technologies has a product presence.
Also Read | RIL shares rally 6% after Q2 results. Here’s why Jefferies, others analysts see up to 47% upside
Live Events
With the government continuing to prioritise indigenisation in defence procurement, Zen Technologies' ownership of its core technologies could strengthen its position in the evolving domestic defence market.
Commenting on the performance, Ashok Atluri, Chairman and Managing Director of Zen Technologies, said the company recorded its highest-ever consolidated quarterly revenue of Rs 345.13 crore, marking 98.8% YoY growth, along with an operational EBITDA margin of 38.2%.
He added that Zen Technologies has started delivering orders received under the Fast Track Procurement route last year ahead of their contractual timelines. According to Atluri, ownership of its core technology allows the company to modify products quickly in response to changing Army requirements without depending on foreign licensors.
He further said that this ability to respond faster to evolving operational requirements, coupled with the government's increasing focus on indigenisation, positions the company to pursue emerging opportunities in the domestic defence sector.
Also Read | Diwali 2026: 77 stocks knock down D-St bears to deliver multibagger returns of up to 4,700% in a year
Share Price and Technical Indicators
Over the past year, the stock has gained 26%, while it has surged around 138% over the past three years. The company currently has a market capitalisation of Rs 14,341 crore, while its 52-week high stands at Rs 2,043.On the technical front, Trendlyne data shows that Zen Technologies is trading above seven of its eight simple moving averages (SMAs).
Both foreign institutional investors (FIIs) and mutual funds increased their stakes in the company during the September 2026 quarter. FIIs raised their holdings from 6.47% to 6.60%, while mutual funds increased their stake from 7.55% to 7.71%.
Disclaimer: The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here
Add as a Reliable and Trusted News Source Add Now!
(You can now subscribe to our ETMarkets WhatsApp channel)
Read More News onzen technologiesZen Technologies sharesZen Technologies share priceZen Technologies newsZen Technologies Q2Zen Technologies Q2 results
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
...moreless(You can now subscribe to our ETMarkets WhatsApp channel)
Read More News onzen technologiesZen Technologies sharesZen Technologies share priceZen Technologies newsZen Technologies Q2Zen Technologies Q2 results
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
...morelessPrime ExclusivesInvestment IdeasStock Report PlusePaperWealth EditionSome elections matter more than you know: No crop changed in the fields, yet sugar, coffee and soya got cheaper in a day
You can buy a walkie-talkie online. But can you legally use it?
KYB and KYC: Quick commerce, the Damani premium and what DMart must deliver – 3rd and concluding part
KYC and KYB: Inside Damani’s DMart, the retail chain for the middle class. And stock for the long term? – Part 2 of 3
Will it be a regulatory nightmare if an exchange lists on its own platform?
KYC and KYB: Inside Damani’s Avenue Supermarts that refuses to charge more – Part 1 of 3
- 1
- 2
- 3
& personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions &
in-depth stock reportsSubscribe NowET
Unlock Access to All Exclusives with ETPrime FREE TRIAL
15 Days Free: Unlock All ETPrime Exclusives, Market Tools & ePapers
Trial offer expiring in00 : 05 : 00
I'd rather pay ₹2599 nowUh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.
Prime Account Detected!
It seems like you're already an ETPrime member with
Login using your ET Prime credentials to enjoy all member benefits
Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.
Unlock ETPrime's Exclusive Stories Today!
Big Price Drop! Flat 40% Off
Student Only OfferAlready a Member? Sign In nowAlready a Member? Sign In nowAlready a Member? Sign In nowOffer Exclusively For You
Save up to Rs. 700/-
ON ET PRIME MEMBERSHIP
Avail OfferOffer Exclusively For You
Get 1 Year Free
With 1 and 2-Year ET prime membership
Avail OfferOffer Exclusively For You
Get 1 Year Free
With 1 and 2-Year ET prime membership
Avail OfferOffer Exclusively For You
Get Flat 40% Off
Then ₹ 1749 for 1 year
Avail OfferOffer Exclusively For You
ET Prime at ₹ 49 for 1 month
Then ₹ 1749 for 1 year
Avail OfferSpecial Offer
Get flat 40% off on ETPrime
Avail OfferAvail OfferClaim NowAlready a Member? Sign In nowNeed Assistance?
Connect with an ETPrime expert for personalized support and guidance
+91 9484700004'; }); } if(listing) { var h3 = "You tried reading " + listArr.length + " locked stories in the past " + threshold + " days.", h4 = "Become an ET Prime member and don't miss out on these exclusive stories."; var html = '' + h3 + '
' + h4 + '
- ' + listing + '
What’s Included with
ETPrime Membership
1Exclusive Insights That Matter
Uncover the truth with our investigative stories
Make strategic moves using the real-world case studies
Read industry-specific stories to identify emerging trends
Spot opportunities with in-depth insights that matter
Trump temper on H-1B visas is forcing Indians to do these things to stay put in US
What Adani’s US indictment means for India Inc’s overseas fundraising
Why veterans like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.
Will China’s dollar bond sale in Saudi Arabia trump the US in financial world?
Huawei launches its own OS to compete with Google and Apple. But can it win beyond China?
The problem with lab grown diamonds
Why a falling rupee is a better option for the economy
A list of top 20 momentum stocks that have delivered massive returns in one year
2Invest Wisely With Smart Market Tools & Investment Ideas
Alpha Trade
Get daily trade ideas from SEBI-registered research analysts.
Investment Ideas
Grow your wealth with stock ideas & sectoral trends.
Stock Reports Plus
All-in-one stock research with Stock Score, peer comparison & key signals.
BigBull Portfolio
Get to know where the market bulls are investing to identify the right stocks.
Stock Analyzer
Check the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right stocks.
Market Mood
Analyze the market sentiments & identify the trend reversal for strategic decisions.
Stock Talk Live at 9 AM Daily
Ask your stock queries & get assured replies by ET appointed, SEBI registered experts.
3Stay informed anytime, anywhere with ET ePaper
ePaper - Print View
Read the PDF version of ET newspaper. Download & access it offline anytime.
ePaper - Digital View
Read your daily newspaper in Digital View & get it delivered to your inbox everyday.
Wealth Edition
Manage your money efficiently with this weekly money management guide.
TOI ePaper
Read the PDF version of TOI newspaper. Download & access it offline anytime.
Deep Explainers
Explore the In-depth explanation of complex topics for everyday life decisions.
Health+ Stories
Get fitter with daily health insights committed to your well-being.
Personal Finance+ Stories
Manage your wealth better with in-depth insights & updates on finance.
5Enjoy Complimentary Subscriptions From Top Brands
Stream new documentaries from all across the world every day.
Stories you might be interested in
Figures reflect the source report and its stated period. This article is for information and is not investment advice.
