Zen Technologies Ltd
Zen Technologies Ltd is a leader in defense training and counter-drone solutions, actively contributing to the Indian defense sector. Below are the key financials and business highlights as of 25 September:
### Key Financial Data:
- **Current Price**: ₹1,698
- **Market Cap**: ₹15,342 Cr
- **Stock P/E**: 99.9
- **Book Value**: ₹53.4
- **Dividend Yield**: 0.06%
- **ROCE**: 46.1%
- **ROE**: 33.1%
- **Face Value**: ₹1.00
- **High/Low (52 Weeks)**: ₹1,970 / ₹650
- **Promoter Holding**: 51.3%
- **Public Holding**: 34.3%
- **Debt**: Almost debt-free with 153 debtor days.
- **Piotroski Score**: 6.00 (indicates moderate financial health).
- **Quarterly Sales Growth**: 63.1% YoY
- **Return on Equity (ROE)**: 33.1%
### Business Highlights:
- **Product Portfolio**:
1. **Training Simulation Equipment**: Leading defense training provider.
2. **Counter-Drone Solutions**: Anti-drone systems with a 4-km detection and deactivation radius.
3. **Annual Maintenance Contracts**: Provides recurring revenue with high-profit margins.
### Growth Data:
- **Sales Growth (5 years)**: 36.7%
- **Sales Growth (3 years)**: 100%
- **Return Over 6 months**: 77.5%
### Pros:
- Debt-free company.
- Strong profit growth (56.9% CAGR over 5 years).
- Excellent sales growth over the past decade.
### Cons:
- High valuation with the stock trading at 31.8 times its book value.
- High debtors of 153 days.
- Promoter holding decreased by 3.81% last quarter.
### Peer Comparison (Aerospace & Defense Sector):
1. **Cochin Shipyard**: ₹1,745.10
2. **Garden Reach Shipbuilders**: ₹1,718.85
3. **Taneja Aerospace**: ₹510.30
Zen Technologies is poised for growth in defense-related industries, with a diversified portfolio and promising financial metrics. However, the high P/E ratio and valuation multiples suggest that the stock is expensive compared to its peers.
### Key Financial Data:
- **Current Price**: ₹1,698
- **Market Cap**: ₹15,342 Cr
- **Stock P/E**: 99.9
- **Book Value**: ₹53.4
- **Dividend Yield**: 0.06%
- **ROCE**: 46.1%
- **ROE**: 33.1%
- **Face Value**: ₹1.00
- **High/Low (52 Weeks)**: ₹1,970 / ₹650
- **Promoter Holding**: 51.3%
- **Public Holding**: 34.3%
- **Debt**: Almost debt-free with 153 debtor days.
- **Piotroski Score**: 6.00 (indicates moderate financial health).
- **Quarterly Sales Growth**: 63.1% YoY
- **Return on Equity (ROE)**: 33.1%
### Business Highlights:
- **Product Portfolio**:
1. **Training Simulation Equipment**: Leading defense training provider.
2. **Counter-Drone Solutions**: Anti-drone systems with a 4-km detection and deactivation radius.
3. **Annual Maintenance Contracts**: Provides recurring revenue with high-profit margins.
### Growth Data:
- **Sales Growth (5 years)**: 36.7%
- **Sales Growth (3 years)**: 100%
- **Return Over 6 months**: 77.5%
### Pros:
- Debt-free company.
- Strong profit growth (56.9% CAGR over 5 years).
- Excellent sales growth over the past decade.
### Cons:
- High valuation with the stock trading at 31.8 times its book value.
- High debtors of 153 days.
- Promoter holding decreased by 3.81% last quarter.
### Peer Comparison (Aerospace & Defense Sector):
1. **Cochin Shipyard**: ₹1,745.10
2. **Garden Reach Shipbuilders**: ₹1,718.85
3. **Taneja Aerospace**: ₹510.30
Zen Technologies is poised for growth in defense-related industries, with a diversified portfolio and promising financial metrics. However, the high P/E ratio and valuation multiples suggest that the stock is expensive compared to its peers.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.