Zen Technologies shares gained over 8% on November 2, 2026, following strong Q2 FY27 results. The Hyderabad-based defense company reported a 50.7% rise in its Q2 profit. Revenue nearly doubled year-on-year, reaching a record quarterly high.
The stock climbed 8.32% to close at ₹1,720.60 on the NSE. It touched an intraday high of ₹1,805.70 during the trading session.
Trading activity also remained strong following the results announcement. Around 45.20 lakh shares changed hands, with a traded value of ₹787.25 crore. The company's market capitalization stood at ₹15,535.36 crore at market close.
The company's financial performance reflected strong revenue growth, higher profitability, and a healthy order pipeline.
Key Highlights
- Revenue nearly doubled to ₹345.13 crore in Q2 FY27.
- Q2 profit increased 50.7% year-on-year to ₹89.54 crore.
- Order inflows reached ₹481.81 crore, taking the order book to ₹1,375.70 crore.
Zen Technologies Reports Record Quarterly Revenue in Q2 FY27
Zen Technologies recorded its highest-ever consolidated quarterly revenue of ₹345.13 crore in Q2 FY27. This marked a significant increase from ₹173.57 crore reported in the corresponding quarter of the previous financial year.
Operational EBITDA also registered strong growth during the quarter. It increased 103.9% year-on-year to ₹131.99 crore, with an EBITDA margin of 38.2%.
Meanwhile, the company's profit after tax (PAT), adjusted for non-controlling interest, rose 50.7% to ₹89.54 crore. It had reported a PAT of ₹59.40 crore in Q2 FY26.
For the first half of FY27, revenue from operations increased 46.71% year-on-year to ₹486.77 crore. PAT reached ₹124 crore, registering a growth of 15.73% compared with the corresponding period last year.
The company attributed its performance to its strong technology capabilities and execution strength.
Also Read: Beyond the Credit Score: How AI Is Transforming MSME Lending in India
Zen Technologies Order Book Reaches ₹1,375 Crore
Zen Technologies reported order inflows worth ₹481.81 crore during Q2 FY27. This took its consolidated order book to ₹1,375.70 crore as of September 30, 2026.
The order book includes ₹995 crore in equipment orders and ₹380.70 crore in annual maintenance contracts (AMCs). Domestic orders accounted for ₹1,283.84 crore, while export orders stood at ₹91.86 crore.
Chairman and Managing Director Ashok Atluri said the company's ownership of core technology supported its performance. He added that this capability helped the company adapt products faster and deliver Fast Track Procurement orders ahead of contractual timelines.
Zen Technologies shares have also delivered significant returns over the longer term. The stock has a trailing price-to-earnings (P/E) ratio of 60.60. It has gained 26.14% over the past year and 703% over five years, outperforming the Nifty 500 index across comparable periods.
The latest Q2 profit growth, record revenue, and strong order book have brought the company's financial performance into focus among investors tracking India's defense sector.
