Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board of Directors Meeting

Date of Board Meeting / Approval: July 25, 2026

Audit Opinion: Limited Review Report - No material misstatement noted. Clean opinion.

Auditor’s Comment: The review report states that nothing has come to their attention that causes them to believe the statement contains any material misstatement. The review is substantially less in scope than an audit.

Key Financial Highlights [Rs. In lakhs]

Standalone Results:

Revenue from Operations: ₹10,295.74 (Q1 FY27) vs ₹11,105.79 (Q1 FY26) [7.3% YoY decline]

Total Income: ₹12,047.52 (Q1 FY27) vs ₹13,094.70 (Q1 FY26)

Net Profit: ₹2,921.23 (Q1 FY27) vs ₹3,711.89 (Q1 FY26) [21.3% YoY decline]

EPS: ₹3.25 (Basic and Diluted) (Q1 FY27) vs ₹4.13 (Q1 FY26)

Other Equity: Not specified for current quarter; Year ended Mar 31, 2026: ₹1,81,293.15

Cash and Cash Equivalents: Not disclosed

Debt: Not disclosed

Consolidated Results:

Revenue from Operations: ₹14,163.84 (Q1 FY27) vs ₹15,821.87 (Q1 FY26) [10.5% YoY decline]

Total Income: ₹16,079.48 (Q1 FY27) vs ₹18,000.91 (Q1 FY26)

Net Profit: ₹3,184.94 (Q1 FY27) vs ₹5,307.49 (Q1 FY26) [40.0% YoY decline]

Net Profit Attributable to Shareholders: ₹3,446.10 (Q1 FY27) vs ₹4,775.26 (Q1 FY26)

EPS: ₹3.83 (Basic and Diluted) (Q1 FY27) vs ₹5.31 (Q1 FY26)

Other Equity excluding Non-controlling interest: Not specified for current quarter; Year ended Mar 31, 2026: ₹1,88,003.26

Cash and Cash Equivalents: Not disclosed

Debt: Not disclosed

Order Book: The value of the orders on hand for the Group as at June 30, 2026, is ₹1,239.02 Crores. At the standalone company level, it is ₹1,138.76 Crores.

Segment-wise Performance:

The entire operations of the Group and the Company relate to only one segment viz., Defence and Homeland. Hence segmental reporting as per Ind AS 108 is not made.

Corporate Actions:

Dividend: Not declared

Share Split/Bonus/Buyback: Not announced

Capital Raising: Not announced

Other Significant Information:

Exceptional Items: During the quarter, a loss of ₹3.37 Crores was recognised as an Exceptional Item due to inventory damage from a fire incident on April 25, 2026, at subsidiary Unistring Tech Solutions Private Limited. The inventory is adequately insured, but the insurance survey is pending.

ESOP Activity:

  • During the quarter, the Group transferred 5,850 equity shares to eligible employees from the Zen Technologies Limited Employees Welfare Trust.
  • The Zen Technologies Employees Welfare Trust purchased 70,000 equity shares from the secondary market for ₹11.73 Crores for ESOP implementation.
  • The consolidation of the ESOP Trust and accounting for treasury shares has reduced the weighted average number of shares, resulting in an increase in EPS.

Subsidiaries & Associates: The financial statements include the results of subsidiaries and associates. The auditor's report notes reliance on review reports of other auditors for four subsidiaries and on management-certified financial information for seven subsidiaries, an associate, a joint venture, and a branch that were not reviewed by their auditors but are not material to the Group.