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Zen Technologies Limited (ZENTEC) Fair Value & Analysis

Industrials · IN · Market cap ₹159B

ZT Zen Technologies Limited ZENTEC · NSE
Price₹1,773
Fair Value₹394.75
Upside-77.7%
Quality57/100
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Evidence: High Range ₹305.41 – ₹537.12

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Share price +3.5% over the past month.

Price vs Fair Value (12 months)

₹2,027 ₹1,247 Fair Value ₹394.75 Jul 2025 Jul 2026

12‑month range ₹1,247 – ₹2,027 · fair‑value band ₹305.41 – ₹537.12 · the ₹1,773 price screens above the ₹394.75 fair value. As of Jul 3, 2026.

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Analysis

Zen Technologies Limited (ZENTEC) currently trades at ₹1,773, while our model-based Fair Value estimate is ₹394.75 — implying the stock looks roughly 77.7% overvalued today. We read business quality at 57/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Zen Technologies Limited generated revenue of ₹6.9B at a net margin of 28.1%. Revenue declined 45.2% year over year. It earns a return on equity of 11.8%. The balance sheet holds a net cash position of ₹3.4B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹6.9B
Revenue growth (YoY) -45.2%
Net margin 28.1%
Return on equity 11.8%
Free cash flow ₹2.5B FY2026
P/E ratio 82.4
More key figures
Operating margin 25.4%
EPS (TTM) ₹21.51
Dividend yield 0.1%
EPS growth (YoY) -68.8%
Net cash ₹3.4B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Zen Technologies Limited, together with its subsidiaries, engages in the design, development, manufacture, and sale of training simulators in India and internationally. The company provides anti-drone systems; training and simulation live ranges, comprising smart and multi-functional target systems, tank targets, master control station for live-firing ranges, air-to-ground firing range scoring system, containerized tubular and indoor shooting range, shoot house for live and simulated indoor tactical training, special purpose adapter for hand guns, cornershot weapon system, tank zeroing system, and containerized small arms firing range; armour combat training, indoor tracking, hand grenade simulator, and tactical engagement simulation systems; advanced weapon, medium machine gun, automatic grenade launcher, mortar integrated and carrier mortar tracked integrated, anti-tank guided missile, combat and infantry weapons training, artillery forward observers, integrated air defence, UAV …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Zen Technologies Limited reported revenue of ₹6.9B in FY2026 versus ₹698M in FY2022, a compound +77.2%/yr. Reported net income was ₹1.9B in FY2026, compounding +214.2%/yr from FY2022.

Revenue +77.2%/yr
FY22 ₹698M
FY23 ₹2.2B
FY24 ₹4.4B
FY25 ₹9.7B
FY26 ₹6.9B
Net income +214.2%/yr
FY22 ₹19.9M
FY23 ₹427M
FY24 ₹1.3B
FY25 ₹2.8B
FY26 ₹1.9B

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Frequently asked questions

Is Zen Technologies Limited (ZENTEC) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹394.75 versus a price of ₹1,773 — about −78% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ZENTEC?
Our model-based fair value for Zen Technologies Limited is ₹394.75 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹1,773.
What is the quality score of ZENTEC?
Zen Technologies Limited has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Zen Technologies Limited (ZENTEC)?
Zen Technologies Limited reported trailing-twelve-month revenue of about ₹6.9B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of ZENTEC?
The net profit margin of Zen Technologies Limited is about 28.1%, meaning it keeps roughly 28.1% of revenue as net income. Based on the latest reported figures.
Does Zen Technologies Limited pay a dividend?
Zen Technologies Limited currently shows a dividend yield of about 0.06% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.