Zen Technologies Q4 Revenue Drops 45% YoY

Zen Technologies reported Q4 FY2026 consolidated revenue of ₹178.1 Cr, down 45.2% YoY, with operational EBITDA margin at 28.6%.
The company maintains a strong consolidated order book of ₹1,336 Cr, with ₹1,000 Cr expected to convert to FY2027 revenue.
Management provided strategic updates on new AI-powered defense products including anti-drone systems, unmanned ground vehicles, and interceptor drones.
The company reaffirmed its long-term margin guidance of 35% operational EBITDA and 25% PAT, while remaining debt-free with ₹1,308 Cr cash.