Zen Technologies Ltd.
Snapshot View

170.30 +4.00 ▲2.4%

20 May 2022, 04:01:00 PM
Volume: 12,675

Overview View Details

Sector Information Technology Compare with Sector peers
Industry IT - Software Compare with Industry peers
Website http://www.zentechnologies.com
Market Cap 1,358.83 Cr.
Enterprise Value(EV) 1,284.69 Cr. 2022-03
Financial Indicators
Earnings per share (EPS) 0.25 Trailing Twelve Months Ending 2022-03
Price-Earning Ratio (PE) 682.14 Trailing Twelve Months Ending 2022-03
Industry PE 27.39 Trailing Twelve Months Ending 2022-03
Book Value / Share 25.84 Trailing Twelve Months Ending 2022-03
Price to Book Value 6.59 Calculated using Price: 170.30
Dividend Yield 0.06 Period Ending 2021-03
No. of Shares Subscribed 7.95 Cr. 79,510,000 Shares
FaceValue 1
Company Profile

Zen Technologies, incorporated in 1993, is a pioneer in the design, development and manufacture of world class, state-of-the-art training simulators. The company has grown at an average rate of 100% over the last three years. It has been a profit making and dividend paying company during this period.

The company has supplied over 170 simulators to over 70 customers all over India and enjoys the confidence of this large customer base. Its customers are located across the length and breadth of the country. The main customers are defence services, state police forces, para military forces and the navy of a South East Asian country.

Zen Technologies has been acquiring technology competencies and is now poised as a solutions provider. The company attaches special importance to its in-house R&D division that is recognized by the Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India. Their mission is to provide to their customers, the highest level of products and services in their areas of expertise. The company went public in the year 2000. Zen has been at the forefront of applying new technologies and developing new products and is actively involved in indigenization of technologies, which are helpful for Indian security forces.

Zen has developed an advanced version of ZEN iFATS - Advanced Weapon Simulator (ZEN AWeSim), which comes in two versions, one integrated with un-tethered weapons and other one with tethered weapons. ZEN AWeSim can train up to 8 firers simultaneously and provides for 3D based targets and video-based scenarios for developing judgmental and reflex skills.

Zen has also designed, developed and manufactured two types of Driving Simulators:

  • Driving Simulator (ZEN DS): This simulator is appropriate for imparting basic training skills.
  • Driving Training Simulator (ZEN DTS): This simulator can be configured for heavy, medium or light vehicles with or without motion platforms.

Other training simulators from Zen include Small Arms Training Simulator - SL (ZEN SATS SL), Hand Grenade Simulator (ZEN HE36S), Tactical Engagement Simulator (ZEN TacSim), Anti-Tank Guided Missile Simulator (ZEN ATGM Sim) and Artillery Forward Observer Simulator (ZEN ArtyFOS).ZEN has supplied more than 400 lanes of ZEN SATS and ZEN iFATS to its large customer base.

Product range of the company include:

  • Zen Advanced Weapons Simulator (ZEN AWeSim)-A state-of-the-art firearms simulator for imparting training from Recruits to Special Forces. It recreates firing range indoors.
  • Zen Small Arms Training Simulator (ZEN SATS SL)-Fire Arms Simulator designed to provide the weapon handling and firing skills of security forces deployed with space, operational, movement constraints. It is a standalone system that addresses every training need of experienced soldiers.
  • Zen Hand Grenade Simulator (ZEN HE36S)-Zen Hand Grenade Simulator gets as close to a real grenade as possible. It is very effective for imparting training in offensive use of the grenade as a weapon, and improving individual reflex action when attacked by a grenade.
  • Zen Anti-Tank Guided Missile Simulator (ZEN ATGM Sim)-Anti Tank Guided Missile Simulator enables training missile pilots in firing missiles as in actual. The actual training in different environment with precise effects is recreated.
  • Infantry Combat Vehicle Integrated Missile Simulator (ZEN BMP II IMS)-The Zen Infantry Combat Vehicle / Armoured Personnel Carrier Integrated Missile Simulator (Zen BMP II IMS) simulator has been designed to meet the training requirements of gunners and commanders of Infantry Combat Vehicle (ICV) / Armoured Personnel Carrier (APC).
  • Zen Infantry Combat Vehicle Driving Simulator (ZEN BMP II DS)-Zen BMP II Driving Simulator has been developed to train raw recruits as well as trained Special Drivers to drive Infantry Combat Vehicle (ICV) or the Armoured Personnel Carrier (APC) with precision in operational and peace time scenarios.
  • Zen Combat Training Simulator System (ZEN CTSS)-Zen Combat Training Simulator System (Zen CTSS) is a ‘live’, ‘in contact’ simulator for use by the Army / Special Forces / Commandos for conducting tactical exercises with troops as in actual battlefield, complete with own and enemy forces in terrains of choice.
  • Zen Tactical Engagement Simulator (ZEN TacSim)-Zen Tactical Engagement Simulator (Zen TacSim™) is a ‘live’, ‘in contact’ training system that allows Law Enforcement Agencies / Police Forces / Special Forces / Commando units to conduct training of small teams to Company or Battalion sized force.
  • Zen Artillery Forward Observers Simulator (ZEN ArtyFOS)-Zen Artillery Forward Observer’s Simulator (Zen ArtyFOS) trains Observation Post Officers and Forward Observers of the Artillery and all other officers of combat wings of Army who may be required to direct fire Long Range indirect fire weapons like Mortars, Guns, Howitzers, Rockets and Missiles.
  • Zen 81mm Integrated Mortar Simulator (ZEN 81MM IMS)-Zen Integrated Mortar Simulator trains Mortar Fire Controllers / Mortar Position Controller and the Mortar Detachments in the techniques of acquiring, engaging and effectively destroying targets.
  • Zen Bus Driving Simulator (ZEN BusSim)-Zen Bus Driving Simulator (Zen BusSim) trains bus drivers of varied skill-sets and experience. The simulator uses ‘to scale’ bus cabin with all gauges, controls, transmission systems and indicators found in a bus.
  • Zen Driving Simulator (ZEN DS)-Zen Driving Simulator (Zen DS) is a versatile indoor, classroom training simulator. The basic simulator for Light, Medium and heavy Vehicles comes with both Left and Right Hand drives.
  • Zen Driving Training Simulator (ZEN DTS)-Zen Driving Training Simulator (Zen DTS™) is an indoor training system for light, medium and heavy vehicle trainee drivers. The simulator facilitates training in a ‘to scale’ vehicle cabin with actual indicators and controls and an optional motion platform.
  • Zen Mining Equipment Training Simulator (ZEN METS)-Zen Mining Equipment Training Simulator (ZEN METS) trains operators of heavy mining equipment and machinery like Dumpers, Shovels/Excavators, and Dozers of various capacities operating on wheels or tracks.
  • Zen Driver Aptitude Testing System (ZEN DATS)-Zen Driver’s Aptitude Testing System (Zen DATS) is scientifically designed, tested and certified device to test psycho-motor functions of potential and licensed drivers.
  • Software-The company has state-of-the-art mathematical modeling software, which helps in simulating projectile behavior, vehicle dynamics and environmental effects. In addition, software for Video Processing and Image Processing is also available. It has the capability of depiction/creation of 3-D Terrains/Models.
  • Electronics-The company has developed microprocessor based Control System for Vehicle Control and ATGM Tracking System. An electronic control system for a motion platform including the motion cue algorithms has been developed in-house. The system being utilized in position sensing of weapon’s point of aim for various simulators has been designed and developed in-house. A 3 DoF motion platform has also been developed.
  • Optics- The company started working in the field of optics for developing Weapon Laser Sensing System and Laser communication. Wide Screen Projection with edge blending has been achieved. Micro-screen based sighting system being utilized in simulating realistic missile and tank sights is another landmark achieved by Zen R&D.
  • Mechanical- The company’s mechanical design team is skilled in engineering complex mechanical systems to replicate weapon system for use in training simulators. It has designed realistic mock-ups for its simulators.

Achievements/ recognition:

  • Zen has an ISO 9001:2000 (QMS), ISO 27001:2005 (ISMS) Certification.
  • CMMI Level 3 Company.
  • Zen was the first company in India to commercialize PC-based visual simulation technology for small arms training simulators.
  • Zen simulators have been widely accepted by the Indian Security Forces.
  • The in-house R&D unit at Zen Technologies is recognized by the Department of Scientific and Industrial Research, Min. of Science &Technology, Govt. of India.
  • Zen Technologies Limited was listed among the top 20 companies that are an option for investment in a market over 7500.
  • Zen Technologies Ltd was awarded 1st prize in the category of “Most Innovative / Indigenous Product” for “Portable Simulators” during the recently concluded IISE -2009.
  • CRISIL awards the highest credit worthiness rating of SME 1 to ZEN.
  • Zen Technologies Limited is an ISO 27001:2005 (ISMS) certified company.
  • The in-house R&D unit at Zen Technologies is recognized by the Department of Scientific and Industrial Research, Min. of Science &Technology, Govt. of India.
  • 2009 - Dr. Visvesvaraya Industrial Award - 2009 for "Best Technology Effort" by All India Manufacturers’ Organization.
    "Most Innovative Portable Simulator (Security)" in the 12th India International Security Expo- 2009, organized by the India Trade Promotion Organization.
  • 2012 - Zen received national award for successful commercialisation of "Overseas Driving Training Simulator" based on indigenous technology on the event of Technology Day.
  • 2013 - Best exhibitor-Gold award for 16th India International Security Expo 2013.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+2.41%
1 Week
+12.78%
1 Month
-15.44%
3 Month
-17.27%
6 Month
-19.86%
1 Year
+132.33%
2 Year
+332.78%
5 Year
+186.70%
10 Year
+1032.31%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2019-03 2020-03 2021-03
Return on Equity (%) 34.77 4.44 0.07 15.03 2.08 6.18 10.64 36.96 1.42
Return on Capital Employed (%) 37.55 5.91 2.16 16.43 3.48 7.99 10.39 32.43 2.73
Return on Assets (%) 24.06 3.30 0.05 10.30 1.35 4.58 7.47 29.03 1.40

Balance Sheet View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03* Rs. Cr.
Shh. Funds 104 107 99 111 112 120 135 191 204 283
Non Curr. Liab. 4 2 5 5 9 7 2 -17 -18 -13
Curr. Liab. 51 16 25 62 46 20 73 13 10 72
Minority Int. 7 6 7
Equity & Liab. 158 126 128 177 167 146 210 194 203 349
Non Curr. Assets 51 59 59 54 66 68 77 77 73 73
Curr. Assets 108 67 69 123 101 78 134 116 130 276
Misc. Exp. not W/O
Total Assets 158 126 128 177 167 146 210 194 203 349

Profit Loss View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. TTM
Net Sales 102 37 46 79 53 62 92 149 55 80
Other Income 5 5 7 6 6 4 3 2 3 6
Total Income 107 42 53 84 58 65 95 151 58 86
Total Expenditure -65 -33 -46 -58 -49 -50 -76 -87 -47 -76
PBIDT 42 9 8 26 10 15 20 65 10 10
Interest -2 -2 -2 -2 -2 -2 -5 -3 -1 -2
Depreciation -1 -2 -5 -4 -4 -4 -4 -5 -5 -6
Taxation -8 -1 0 -4 -1 -2 2 2 -2 -1
Exceptional Items 0
PAT 32 5 0 16 2 7 13 59 3 1
Minority Interest 0 0 0
Share Associate 0
Other Related Items
Consolidated Net Profit 32 5 0 16 2 7 13 59 3 1
Adjusted EPS 4 1 0 2 0 1 2 8 0 0

Cash Flow View Details

Particulars 10 years 2011-03 Rs. Cr. 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -2 -2 39 10 -20 43 2 -49 62 14
Cash Fr. Inv. -3 -1 -3 -8 -4 -9 -4 13 -12 -18
Cash Fr. Finan. -10 7 -20 -7 20 -3 -32 5 -12 9
Net Change -15 5 15 -5 -4 30 -34 -32 38 5
Cash & Cash Eqvt 27 32 47 42 38 68 34 -22 16 21

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 59.56 59.56 58.30 60.19 60.19 60.19 60.19 60.19 60.19
Public 40.44 40.44 41.70 39.81 39.81 39.81 39.81 39.81 39.81
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 19 May 2022
Disclosure Of Related Party Transactions For The Half Year Ended 31St March 2022
In terms of Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 as amended we enclose herewith the disclosure of Related Party Transactions in the format specified by SEBI for the half year ended 31st March 2022.This is for your kind information and records.
Thu, 12 May 2022
Compliances-Reg.24(A)-Annual Secretarial Compliance
Pursuant to Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and SEBI Circular no CIR/CFD/CMD1/27/2019 dated February 08 2019 we hereby submit the Annual Secretarial Compliance Report for the year ended 31st March 2022 issued by M/s. PS Rao & Associates Company Secretaries Hyderabad.This is for your kind information and records.Thanking You.
Wed, 11 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication
With reference to the subject cited above and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we are enclosing herewith copies of notice to shareholders of the Company intimating that equity shares in respect of which dividend remain unclaimed for seven consecutive years would be transferred to Investor Education and Protection Fund (IEPF) Authority. This notice was published on 11th May 2022 in the following newspapers:a. Financial Express (English Daily)b. Nava Telangana (Telugu Daily)This is for your information and records.

Technical Scans View Details

Fri, 20 May 2022
Closing Above Previous High Closing Above Previous High
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Increase 1 Year High Increase 1 Year
High Increase 2 Years High Increase 2 Years

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