Zen Technologies Secures ₹152 Crore Defence Order for Air Defence Combat Simulator

Zen Technologies has secured a fresh order worth ₹152 crore from the Ministry of Defence for the supply of an integrated air defence combat simulator for the L70 gun. The announcement, made on March 27, marks a significant addition to the company’s growing defence portfolio.

Order Details and Strategic Importance

The ₹152 crore contract involves the supply of advanced simulators to train defence personnel on the L70 anti-aircraft gun system. These simulators are designed to enhance combat preparedness and reduce training costs while ensuring operational efficiency.

Zen Technologies continues to strengthen its position as an important player in India’s defence simulation and training equipment sector. The order adds to its order book, which stood at ₹816.91 crore as of December 31, 2024.

Growth in Defence Contracts

The company has seen a steady rise in defence-related orders over the past year. The continued government focus on indigenising defence manufacturing through initiatives like Make in India and Atmanirbhar Bharat is driving demand for home-grown defence tech solutions like those offered by Zen Technologies.

Financial Highlights for Q3 FY25

In the December 2024 quarter, Zen Technologies reported strong financial performance:

• Net profit rose to ₹40 crore, compared to ₹30.58 crore in the same period last year.
• Revenue surged 53% year-on-year to ₹152 crore.
• EBITDA grew 42% to ₹66 crore, although margins narrowed slightly to 38.01% due to cost factors.

These results underscore the company’s operational growth and continued order inflows, especially from defence contracts. Zen Technologies’ shares ended the day 0.99% higher at ₹1,457.20 apiece on March 27.

Conclusion

The ₹152 crore order from the Defence Ministry reinforces Zen Technologies’ growing footprint in India’s defence modernisation drive. Backed by a strong order book and consistent financial growth, the company remains well-positioned to support the country’s evolving defence infrastructure through simulation and training technologies.

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