Zen Tech share price today

Zen Technologies Ltd's share price was ₹1,729.10 at the close on 4 November 2026. It has been rising for 27 weeks. That is 5.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,288 and ₹1,997, and at that close it sat 62% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Zen Technologies Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row.

Over the last 11 years the share price moved +2,351% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue grew again in the September 2026 quarter, profit grew again in the September 2026 quarter and indian funds and insurers (DIIs) raised their stake for 3 quarters in a row.

1. Revenue grew again in the September 2026 quarter

   Revenue was ₹345 crore, +98.3% on a year earlier (₹174 crore), after 2 quarters of decline.

2. Profit grew again in the September 2026 quarter

   Profit was ₹102 crore, +64.5% on a year earlier (₹62 crore), after 2 quarters of decline.

3. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row

   From 7.9% to 10.8% of the company by the September 2026 quarter.

For July to September 2026 (the quarter ended 30 September 2026), Zen Tech reported revenue of ₹345 crore, up 98.3% from ₹174 crore a year earlier, and a profit of ₹102 crore, up 64.5% from ₹62.0 crore.

Zen Tech results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 27 July 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Zen Tech closed at ₹1,729.10 on 4 November 2026, up 27.3% from ₹1,358.80 a year earlier (7 November 2025) and up 723.8% over five years. Its highest weekly close since March 2016 was ₹2,533.45 on 3 January 2025.

Zen Tech share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

561 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Zen Tech closed at ₹1,729.10, up 9.0% on the week and up 9.9% on the month. Results for July to September 2026: Revenue up 98.3% and profit up 64.5% on a year earlier.

Earlier

• 21 Aug 2026: ex-date for a dividend of ₹1 a share.
• 27 Jul 2026: Zen Tech held its results call for April to June 2026. Management guided: FY27 full-year operational operating margin in the mid-30s versus a 35.0% guide.

Zen Tech paid ₹1 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.06% at the ₹1,729.10 close on 4 November 2026. The last was a dividend of ₹1 a share, ex-date 21 August 2026.

Zen Tech dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Zen Technologies Ltd paid out 5% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 27 July 2026, Zen Tech's management guided: FY27 full-year operational operating margin in the mid-30s versus a 35.0% guide.

“For at least the next 1-2 years, simulators and anti-drone systems will drive the company forward.”Hariharan Chalath, on the call for April to June 2026

What management guided

• FY27 revenue delivery expected to be weighted toward Q2 and Q3 as the existing order book executes over its typical 12-month cycle.
• Year-end FY27 order book expected at around ₹2,500 crore after execution, dependent on government procurement converting the current pipeline.
• Analyst-referenced FY27-FY28 cumulative revenue framework of ₹4,000 crore was not independently revised; the CEO indicated simulators could contribute about ₹2,000 crore.
• Simulator pipeline of ₹700-800 crore is expected to convert; anti-drone opportunity could reach at least ₹2,000 crore as fast-track tenders emerge.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 27 July 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When Zen Tech reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Q2 revenue should begin reflecting the order-book phasing, with delivery schedules weighted toward Q2-Q3; check whether quarterly revenue moves above the Q1 base.

Zen Tech is on 2 of our India lists: Small & mid cap stocks and Defence stocks.

Zen Technologies Ltd earned ₹102 Cr of net profit in the Sep 2026 quarter, +64.5% on the same quarter a year earlier. Full-year FY26 profit was ₹218 Cr. Over 11 years profit has grown 26.8% a year on average. That is 29.6% of the quarter's revenue. The same quarter a year earlier earned ₹62.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹218 Cr (−27.1% on the year before).

Why profit moved: revenue changed +98.3% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −0.9% and revenue +15.0%. Profit is growing slower than sales: rising costs are taking part of the growth.

Zen Technologies Ltd reported ₹345 Cr of revenue in the Sep 2026 quarter, +98.3% on the same quarter a year earlier. Over 11 years it has grown 21.7% a year on average. The last full year, FY26, came in at ₹688 Cr. The last four reported quarters add to ₹843 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹688 Cr, −29.4% on the year before.

Recent pace: the last four quarters grew +15.0% on average, against 21.7% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +4.2%, against +6.9% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −12.9%, against +6.2% a year (rolling over).

Zen Technologies Ltd's operating margin was 38.0% in the Sep 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 1.3% and 42.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +0.7 percentage points on the year while gross margin changed −4.9 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 45% of Zen Technologies Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹245 Cr of operating cash against ₹218 Cr of profit. After ₹63.0 Cr of spending on assets, ₹182 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 45% of profit came in as cash: the cash cycle got 176 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: the bigger use of cash is spending on new assets, at 4.6× depreciation over three years. The next section checks what that spending is building.

Zen Technologies Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 425 days in FY26, down from 601 days in FY21. It spent ₹226 Cr on assets over the last 3 years. Customers take 119 days to pay, and stock sits for 415 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹688 Cr, each day of that cycle ties up about ₹1.9 Cr, so roughly ₹801 Cr is tied up in the business at any time.

FY26: customers took 119 days to pay and stock sat for 415 days, about 13.7 months of sales sitting as stock, for a full cycle of 425 days, shorter than FY21's 601.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 415 days. Customers pay about 119 days after that. Suppliers are paid at 109 days. Together that makes the 425-day cycle.

Spending on assets: ₹226 Cr over the last 3 years, against ₹49.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹15.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Zen Technologies Ltd's P/E is 73.5×, in the middle of its own history: higher than 46% of past readings. Its usual P/E (the middle reading) is 77.2×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.