Zen Technologies Ltd - Company Profile
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Zen Technologies Ltd (Zen Technologies) is a provider of simulators for weapons and allied defense equipment. The company’s major products include advanced weapon simulator, small arms training modules, hand grenade simulator, driving training simulator and forward observer simulator. It provides small target system, driver aptitude testing system, training simulator, automatic grenade launcher simulator, dozer training simulator, and multi-mode hand grenade. Its primary customers include armed forces, para-military forces, state police forces, government transport departments and civilian markets. It has business presence in India, the UAE and the US. Zen Technologies is headquartered in Hyderabad, Telangana, India.
Headquarters
India
Address
B-42, Industrial Estate, Sanathnagar, Hyderabad, Telangana, 500018
Website
www.zentechnologies.com
Telephone
91 40 23812894
No of Employees
280
Industry
Aerospace and Defense
Ticker Symbol & Exchange
ZENTEC (NSE)
Revenue (2022)
$27.9M
213.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
2052.8%
(2022 vs 2021)
Market Cap*
$1.0B
Net Profit Margin (2022)
XYZ
585.3%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Drone Solutions: | Training of Defense and Security Forces | Zen |
| Anti- Drone Systems | ||
| RF Based Drone detector (RFDD) | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In February, the company announced its plans to acquire a 51% stake in AiTuring Technologies Private Limited. |
| 2022 | Contracts/Agreements | In August, the company entered into an agreement to acquire 5% stake in Canada-based Paladin AI. |
| 2021 | Contracts/Agreements | In July, Zen Technologies and Technodinamika signed a memorandum of understanding for the development for the production and promotion of civil aviation simulators, training centers for civil aviation pilots and simulators for medical personnel and medical equipment. |
Competitor Comparison
| Key Parameters | Zen Technologies Ltd | BAE Systems Plc | Rheinmetall AG | Hindustan Aeronautics Ltd | Cubic Corp |
|---|---|---|---|---|---|
| Headquarters | India | United Kingdom | Germany | India | United States of America |
| City | Hyderabad | London | Duesseldorf | Bengaluru | San Diego |
| State/Province | Telangana | England | Nordrhein-Westfalen | Karnataka | California |
| No. of Employees | 280 | 99,800 | 24,753 | 24,457 | 610 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ashok Atluri | Chairman; Chief Financial Officer; Managing Director | Executive Board | 2017 | 57 |
| M Ravi Kumar | Director | Non Executive Board | - | - |
| Sirisha Chintapalli | Director | Non Executive Board | 2020 | - |
| Ravindra Kumar Tyagi | Director | Non Executive Board | 2019 | - |
| Shilpa Choudari | Director | Non Executive Board | 2020 | 42 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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