Zen Technologies Limited, India’s foremost provider of anti-drone systems and defence training solutions, has announced its audited financial results for the fourth quarter and full financial year ending March 31, 2025, showcasing the strongest performance in the company’s history.

In a press release issued on May 17, 2025, the company reported record-breaking financials for Q4FY25 and FY25, driven by robust order execution, strategic acquisitions, and consistent innovation in next-generation defence technologies.

For the full year FY25, Zen Technologies achieved:

• Revenue: ₹930.67 crore (up 116% YoY)

• Profit After Tax (PAT): ₹262.95 crore (up 103% YoY)

• Operational EBITDA: ₹323.10 crore (up 79% YoY)

• EBITDA Margins: ~40%, surpassing company guidance

For the fourth quarter Q4FY25, results were equally strong:

• Revenue: ₹293.50 crore (up 116% YoY)

• PAT: ₹84.92 crore (up 157% YoY)

• Operational EBITDA: ₹99.39 crore (up 122% YoY)

Key Drivers of Growth

Chairman and Managing Director Ashok Atluri attributed the performance to execution excellence, acquisition synergies, and expanding market demand for advanced defence technologies.

During the quarter, the company secured a significant contract from the Ministry of Defence for Integrated Air Defence Combat Simulators (IADCS) for the L70 gun, which is expected to be completed within the ongoing financial year.

Strategic Acquisitions to Strengthen Core Capabilities

Zen Technologies has aggressively pursued strategic acquisitions to diversify and deepen its footprint in the defence ecosystem:

• Acquired 76 percent stake in ARIPL (marine and naval simulation), with the remaining 24 percent acquisition planned in FY26

• Acquired 51 percent in Vector Technics, a rare indigenous manufacturer of critical drone components

• Acquired 45.33 percent in Bhairav Robotics, specializing in robotics and autonomous weapons systems

These acquisitions enhance Zen’s ability to deliver future-ready national security solutions.

Robust Liquidity and Investment in R&D

Zen Technologies reported a healthy liquidity position of ₹1,037 crore, enabling continued investment in innovation and strategic growth. The company has also announced a planned expansion of its R&D centre in Hyderabad with a ₹70 crore investment aimed at accelerating product development and supporting long-term innovation.

Zen has applied for over 172 patents and shipped more than 1,000 training systems globally. The R&D facility is recognized by the Ministry of Science and Technology, Government of India.

First-of-its-Kind Counter Drone System Delivered

Zen delivered band-independent counter-drone systems for the first time in India, which performed effectively in recent operations by the Indian Armed Forces. These systems are part of the company’s growing suite of advanced AI-driven defence solutions designed to address the evolving needs of modern warfare.

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