Recently Zain Technologies Limited has received an order worth Rs 108 crore from the Defense Ministry. There was a rise in the shares of this company on Wednesday. The company’s shares closed at the level of Rs 1397.30 on Wednesday with a gain of 1.08%. Talking about the high level, it was Rs 1403, whereas the low level was made at Rs 1376.
According to CNBC report, the company said that this order is for the supply of different types of simulators, which is to be completed within a year.
Zen Technologies has already received orders from the Defense Ministry
Before receiving this order from the Defense Ministry, Zen Technologies had received two big orders. The Defense Ministry had given a total work of Rs 289 crore to the company. Both these orders are to further improve the company’s anti-drone system. The company said that these upgrades are based on the feedback received from the army during Operation Sindoor and other frontline missions. Also, the threat of drones is changing very rapidly, so it has become necessary to immediately update and strengthen the hardware and software of the system.
In the big order that Zen Technologies has received from the Defense Ministry, the company has got a contract worth Rs 108 crore for making Tank Crew Gunnery Training Simulator. The company said on Tuesday that this order has been received due to the recent new rules in which genuine Indian technology is being given priority. The company can complete all the deliveries within a year. However, the ministry has given 24 months i.e. 2 years time to complete the work. This means that by working very fast the company will quickly benefit the army.
Zen Technologies September 2025 quarter results
According to the report of Business Line, this simulator will be of very high quality. This makes the cannon part inside the tank exactly like the original. Commander and gunner will be able to sit in it and do all kinds of practice. With this, the tank soldiers of our army will be able to undergo tremendous training without spending real tanks and without any danger.
In the filing given by the defense firm on November 21, it was said that it has taken 76 percent of the total equity of Anawave Systems and Solutions Private Limited (ASSPL). Rs 7 crore in cash has been given for this. Now ASSPL has become a subsidiary company of Zen Technologies. Earlier this month, Hyderabad-based Gen Tech had also received two big orders from the Defense Ministry.
The results of Zen Technologies for the September 2025 quarter i.e. the second quarter have come. The company’s profit declined by 5.22 percent to Rs 59.40 crore compared to the same quarter last year, whereas last year it was Rs 62.67 crore. Also, the sales also declined significantly by 28.23 percent and stood at only Rs 173.57 crore, whereas last year it was Rs 241.84 crore.
But the good thing is that at the operational level, the company’s EBITDA i.e. profit before interest, tax, depreciation and amortization increased by 1.77 percent to Rs 90.05 crore, which was Rs 88.48 crore last year. Currently, as of 25 November 2025, the total market value of the company on NSE is Rs 12,621.69 crore. The company had its 52 week high at the level of Rs 2,627.95 which was touched on December 24, 2024. At the same time, the 52 week low of the company was made on 19 February 2025. The stock had touched the level of Rs 946 on this day.
