About Zen Technologies Limited

The defence technology company Zen Technologies Limited operates from Hyderabad as its headquarters after its establishment on June 29th 1993.

The Group produces training simulators and anti-drone systems for para-military forces and armed and naval forces and security agencies and police and Government departments including Transport and Mining and Marine and Infrastructure sectors which serve both domestic and international markets. The company provides live ranges and virtual simulation systems and counter-drone detection and neutralization technologies and advanced operational equipment that includes robotic surveillance systems and remote weapon stations. The company started with land-force simulators for tanks and vehicles and artillery and flight systems before moving into counter-drone solutions and naval and marine simulation development to meet changing security requirements.

The Company operates one plant and three offices in India and two overseas offices which serve all Indian States/UTs and eight international countries as of March 31, 2025. The Company demonstrates its commitment to indigenous R&D and IP creation through its 1,000+ worldwide training system deliveries and ~85 granted patents. The Group operated eight subsidiaries and one associate during the period ending March 31 2025 although subsidiary names remain undisclosed. The company achieved two major milestones through strategic acquisitions that entered naval simulation and strengthened unmanned and autonomous systems capabilities while securing substantial funding for expansion. The company received a major capital increase to support its growth initiatives.

Zen Technologies Limited’s Business Segments

The Company generated 37.97% of its revenue from international markets through exports while the remaining portion came from domestic operations. The business segments of Training Solutions and Counter-Drone Solutions and Operational Equipment generated 96% of total revenue according to the BRSR.

 Zen Technologies Key Management

•       Ashok Atluri serves as the Chairman and Managing Director of the company.
•       M. Ravi Kumar served as the Whole Time Director of the company till 28th June,2025.
•       The Chief Financial Officer position at the company is held by Afzal Harunbhai Malkani.
•       Sourav Dhar serves as the Company Secretary.

Latest Updates (FY25) On Zen Technology Limited 

•       Key Acquisitions: The company acquired 76% of Applied Research International Private Limited for naval and maritime simulation capabilities and 51% of Vector Technics Private Limited for drone core components and 45.33% of Bhairav Robotics Private Limited for AI-powered robotic warfare systems. The Company recorded its Bhairav stake during FY 2024-25 which established Bhairav as an associate of the Company.
•       Capital raise: The Company issued Rs 1,00,000 Lakhs through a Qualified Institutions Placement on August 23, 2024 to support acquisition expenses and operational costs.
•       Order Book: The company maintained an order book worth Rs 69,194.10 Lakhs at the end of March 2025 which included equipment orders worth Rs 42,239.52 Lakhs and long-term service contracts valued at Rs 26,954.56 Lakhs.
•       R&D Expenses: The company dedicated Rs 3,301.20 Lakhs to R&D expenses during FY 2024-25 while committing an additional Rs 7,000 Lakhs for product development infrastructure expansion leading to a total R&D investment of Rs 10,655.25 Lakhs over five years.