Summary of Key Information:

Reporting Period (Quarter/Year): Q2 and Half Year ended September 30, 2026

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

Audit Opinion:

Unaudited Financial Results with Limited Review Report by Statutory Auditors - Clean Opinion

Key Financial Highlights [Rs. in lakhs]:

Consolidated Results:

Quarter ended September 30, 2026:

  • Revenue from Operations: 34,513.26 (Q2 FY26: 17,357.31 | +99% YoY)
  • Total Income: 36,184.50 (Q2 FY26: 19,887.98)
  • EBITDA: Not explicitly disclosed
  • Net Profit: 10,188.33 (Q2 FY26: 6,190.46 | +64.5% YoY)
  • EPS: 9.97 (Basic and Diluted) (Q2 FY26: 6.61)
  • Other Equity: 1,97,915.44 (as at September 30, 2026)
  • Cash and Cash Equivalents: 26,000.37 (March 31, 2026: 7,893.72)
  • Debt: Short-term borrowings 449.34 + Long-term borrowings 134.13 = Total 583.47

Half Year ended September 30, 2026:

  • Revenue from Operations: 48,677.10 (H1 FY26: 33,179.18 | +46.7% YoY)
  • Total Income: 52,263.98 (H1 FY26: 37,888.89)
  • Net Profit: 13,373.27 (H1 FY26: 11,497.96 | +16.3% YoY)
  • EPS: 13.80 (Basic and Diluted) (H1 FY26: 11.92)

Attribution of Net Profit for Q2 FY27:

  • Shareholders of the Company: 8,954.09
  • Non-Controlling Interest: 1,234.24

Standalone Results:

Quarter ended September 30, 2026:

  • Revenue from Operations: 30,924.98 (Q2 FY26: 12,465.34 | +148% YoY)
  • Total Income: 32,375.06 (Q2 FY26: 14,764.50)
  • Net Profit: 7,918.55 (Q2 FY26: 4,616.16 | +71.5% YoY)
  • EPS: 8.81 (Basic and Diluted) (Q2 FY26: 5.13)
  • Other Equity: 1,89,603.44 (as at September 30, 2026)
  • Cash and Cash Equivalents: 23,139.99 (March 31, 2026: 2,897.05)

Half Year ended September 30, 2026:

  • Revenue from Operations: 41,220.72 (H1 FY26: 23,571.13 | +75% YoY)
  • Total Income: 44,422.58 (H1 FY26: 27,859.20)
  • Net Profit: 10,839.78 (H1 FY26: 8,328.05 | +30.2% YoY)
  • EPS: 12.06 (Basic and Diluted) (H1 FY26: 9.26)

Segment-wise Performance:

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

Corporate Actions:

  • Dividend: Not declared in this announcement
  • ESOP Activity: During the quarter, 6,440 equity shares were transferred to eligible employees under Zen Technologies Limited Employee Stock Option Plan-2021
  • Share Buyback: Zen Technologies Employees Welfare Trust purchased 58,189 equity shares from secondary market for ₹9.59 crores for ESOP implementation
  • Capital Raising: Not announced

Other Significant Information:

Order Book:

  • Consolidated order book as at September 30, 2026: ₹1,375.70 crores
  • Standalone order book as at September 30, 2026: ₹1,263.69 crores

Subsidiary Updates:

  • Voluntary strike-off of Zen Medical Technologies Private Limited (wholly owned subsidiary) approved, subject to regulatory approvals
  • Fire incident at Unistring Tech Solutions Private Limited (subsidiary) on October 18, 2026 caused estimated loss of ₹4.00 crores, insurance claim initiated
  • Acquisition of 51.98% equity share capital of Cogknit Semantics Private Limited for ₹135.15 crores approved on October 17, 2026 (post-quarter)

Entities Consolidated:

The financial statements include 15 entities: 1 parent, 11 subsidiaries, 2 associates, and 1 joint venture

ESOP Trust Accounting:

The Group consolidates the ESOP Trust, with treasury shares disclosed in "Other Equity"