Zen Tech stock advances 1.5% on bagging ₹108 crore supply order from Ministry of Defence

This comes after the company bagged a ₹108 crore (including GST) supply order from the Ministry of Defence, it said in a regulatory filing.

Under the contract, Zen Tech will execute the order to supply simulators to the Ministry of Defence within a year.

The share was trading 1.09% higher at ₹1,397.90 apiece, at around 1:42 pm.

The scrip has advanced 0.5% over the last five days and more than 4% over the month. However, it has lost about 26% in the past six months and 44% year-to-date.

While the stock hit a 52-week low of ₹945.35 on February 19, 2025, it reached a year’s high of ₹2,627 per equity share on December 24, 2024.

Other key developments

In a separate regulatory filing on November 21, the defence firm said that it has completed 76% acquisition of the total equity share capital of Anawave Systems & Solutions Pvt Ltd (ASSPL).

Following the acquisition of the shares for a cash consideration of ₹7 crore, ASSPL became a subsidiary of Zen Tech.

In early November, the Hyderabad-based company won two major contracts from the Defence Ministry for the upgradation of its Anti-Drone Systems (ADS), valued at ₹289 crore (including GST).

These projects are slated for completion within a year, it said in a regulatory filing.

Q2 earnings

The company posted a 5.22% year-on-year (YoY) decline in its consolidated profit after tax (PAT) to ₹59.40 crore in the September quarter of FY26, compared to ₹62.67 crore in the year-ago period.

During the quarter under review, its sales or revenue from operations fell by 28.23% annually to ₹173.57 crore, as against ₹241.84 crore in Q2FY25.

At an operational level, the firm’s EBITDA stood at ₹90.05 crore in Q2FY26, marking a 1.77% YoY jump from ₹88.48 crore in the second quarter of the previous fiscal year.

Zen Tech has a total market capitalisation of ₹12,621.69 crore, as of November 25, 2025, according to data on the NSE.