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Zen Technologies Ltd. Earnings Release 2022
60795_rns_2021-11-01_38fa8965-91a9-4944-8ab1-7e74128d464a.pdf
Earnings Release
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Date: 01 st November 2021
To BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Through: BSE Listing Centre Security Code: 533339
ZEN TECHNOLOGIES LIMITED
Certified ISO 9001 :2015, ISO 27001 :2013, GMMI ML5 Regd. Office : 8-42, Industrial Estate, Sanathnagar, Hyderabad - 500 018, Telangana, India. Phone: +91 40 23813281/3294/2894/4894 Fax No: +91 40 23813694 Email: [email protected] Website: www.zen.in Corporate Identity Number: L72200TG1993PLC015939
To
National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051 Through: NEAPS Symbol/Security ID: ZENTEC
Dear Sir/Madam,
Sub: Press Release Q2 FY 2022
Please find attached Press Release for the quarter ended 30th September 2021.
The above information is also available on the website of the Company: https://www.zentechnologies.com/press-releases.
This is for your kind information and records.
Thanking You.
Works : Plot 36, Hardware Park, Near Shamshabad International Airport, Hyderabad - 501 510, Telangana, India
Q2FY22 Press & Media Release
Hyderabad, October 31, 2021
Zen Technologies, India's leading anti-drone technology and defense training solutions provider announced its financial results for Q2FY22:
Commenting on the results, Mr. Ashok Atluri – Chairman and Managing Director, said:
"I am delighted to share with you our performance for this quarter. Our AMCs contributed about INR 7.63 crores to this quarter. We soon expect to cross the run rate of INR 8.5 crores per quarter. The AMC revenues will soon cover all the fixed overheads during this financial year, which is a positive direction for us at Zen.
We recently bagged two big orders, one from the export market and another from the Indian Air Force. The order for our anti-drone technologies validates our hard work and our bets, and we believe that there will be many such big orders in the future.
This quarter we have also integrated hard kill technology with our anti-drone systems, which has further strengthened our position and opened up new markets for us.
We have also decided to raise INR 100 crores, primarily, for further R&D in anti-drone area and export promotion."
Q2FY21 Consolidated Revenue from Operations stood at ₹ 15.75 crores
- EBITDA (excluding Other Income) stood at ₹ -0.15 crores, resulting in EBITDA margins of -0.97%
- PAT stood at ₹ -0.74 crores
- Company maintains strong Balance Sheet position by being almost Debt-free and supported by ample liquidity-position
| Particulars | Q2FY22 | Q1FY22 | Q2FY21 |
|---|---|---|---|
| Revenue from Operations | 15.75 | 9.96 | 12.35 |
| Other Income | 0.97 | 0.75 | 0.71 |
| Total Income | 16.72 | 10.71 | 13.06 |
| Total Operating Expenses | 15.91 | 10.97 | 9.72 |
| EBITDA | -0.15 | -1.01 | 2.63 |
| EBITDA Margins (%) | -0.97% | -10.16% | 21.30% |
| Interest Cost | 0.27 | 0.16 | 0.5 |
| Depreciation | 1.18 | 1.25 | 1.22 |
| Profit Before Tax | -0.63 | -1.67 | 1.62 |
| Profit After Tax | -0.74 | -1.57 | 0.92 |
All data ₹ in crores (excluding EPS)
About Zen Technologies Limited
Zen Technologies Limited is a pioneer and leader in providing world class state-of-the- art Defence Training Solutions, Drones and Anti-Drones solutions and has a proven and impeccable track record in building training systems for imparting defense training and measuring combat readiness of security forces. The company is engaged in indigenous design, development and manufacture of sensors and simulators technology based defence training systems and has relentlessly been providing Defence Training Solutions and seamless services to Ministry of Defence (Armed Forces), Security Forces Police, Para-military forces and is privileged to have served the nation for over 2.5 decades.
The company manufactures land based military training simulators, driving simulators, Live range equipment and Anti drone Systems. With a dedicated R&D (recognized by the Ministry of Science and Technology, Government of India) and production facility in Hyderabad, the company has applied for over 90 patents and shipped more than 1000 training systems around the world.
CONTACT US
Hansraj Singh Rajput
Company Secretary & Compliance Officer Zen Technologies Limited [email protected]
Diwakar Pingle
Investor Relations Advisor Christensen IR [email protected]
Abhishek Mehra
Investor Relations Advisor The Investment Lab [email protected]
SAFE HARBOUR
This document which have been prepared by Zen Technologies Limited (the "Company"), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.
This document has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Document. This Document may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Document is expressly excluded.
Certain matters discussed in this Document may contain statements regarding the Company's market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company's ability to successfully implement its strategy, the Company's future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company's market preferences and its exposure to market risks, as well as other risks. The Company's actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Document. The Company assumes no obligation to update any forward-looking information contained in this Document. Any forward-looking statements and projections made by third parties included in this Document are not adopted by the Company and the Company is not responsible for such third-party statements and projections.