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Zen Technologies Ltd. — Earnings Release 2022
Jul 24, 2021
60795_rns_2021-07-24_d331fe8a-1578-42e2-88c0-f287c021cb38.pdf
Earnings Release
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Date: 24[th] July 2021
To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai – 400 051 Through: BSE Listing Centre Through: NEAPS Security Code: 533339 Symbol/Security ID: ZENTEC
Dear Sir/Madam,
Sub: Press Release Q1 FY 2022
Please find attached Press Release for the quarter ended 30[th] June 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.
Yours sincerely, For Zen Technologies Limited
SINGH Digitally signed by SINGH HANSRAJ HANSRAJ Date: 2021.07.24 15:08:38 +05'30' Hansraj Singh Rajput Company Secretary & Compliance Officer M. No. A38213
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Q4FY21 Press & Media Release
Hyderabad, July 24, 2021
Zen Technologies, India’s leading defense training solutions provider announced its financial results for Q1FY22 today:
Commenting on the results, Mr. Ashok Atluri – Chairman and Managing Director, said:
“I am pleased with the performance of this quarter given the almost complete lockdown during the quarter. Operating Revenue came in at INR 9.96 cr largely driven by AMC revenues with minimal equipment sale in this quarter. The AMC revenues stood at INR 7.3 Crores in Q1FY22 as compared to about INR 4 Crores in Q1FY21. With an estimated quarterly run rate of INR 8.5 Crores, the AMC revenues are expected to cover all the fixed overheads during the year. This AMC revenue stream has finally accomplished the task the management set for it years ago.
Our order book as on June 30th was about INR 192 cr and with the addition of the INR 120 Crores (received on 9th July 2021), the order pipeline looks strong. The new order also has the possibility of AMC revenues kicking in post our warranty period and this will further add to the annuity revenue stream.”
He also added , “The newly launched anti-drone systems and heavy lift drones have been received very well by the market. The Company expects an order for the anti-drone systems/heavy lift drones in this financial year. We also continue to focus on R&D to improve our product portfolio.”
Q4FY21 Consolidated Revenue from Operations stood at ₹ 9.96 crores
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EBITDA (excluding Other Income) stood at ₹ (1.01) crores, resulting in EBITDA margins of (10.16)%
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PAT stood at ₹ (1.57) crores
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Company maintains strong Balance Sheet position by being almost Debt-free and supported by ample liquidity-position
All data ₹ in crores (excluding EPS)
| Particulars | Q1FY22 | Q4FY21 | Q1FY21 |
|---|---|---|---|
| Revenue from Operations | 9.96 | 21.55 | 4.16 |
| Other Income | 0.75 | 0.89 | 0.69 |
| Total Income | 10.71 | 22.44 | 4.86 |
| Total Operating Expenses | 10.97 | 18.47 | 5.86 |
| EBITDA | (1.01) | 3.97 | (1.70) |
| EBITDA Margins (%) | (10.16)% | 18.42% | (40.77)% |
| Interest Cost | 0.16 | 0.29 | 0.13 |
| Depreciation | 1.25 | 1.26 | 1.24 |
| Profit Before Tax | (1.67) | 2.42 | (2.38) |
| Profit After Tax | (1.57) | 1.83 | (1.74) |
| EPS | (0.14) | 0.17 | (0.17) |
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Press & Media Release
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About Zen Technologies Limited
Zen Technologies Limited is a pioneer and leader in providing world class state of art Defence Training 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
Diwakar Pingle
Abhishek Mehra
Company Secretary & Compliance Officer Zen Technologies Limited Investor Relations Advisor Investor Relations Advisor [email protected] Christensen IR The Investment Lab [email protected] [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.
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Press & Media Release