Zen Technologies closed the quarter with a 50.7% YoY jump in net profit, hitting ₹90 crore, and revenue nearly doubled to ₹345.1 crore, up 99% from ₹173.6 crore a year earlier. The stock slid 1.83% to ₹1,592 on the NSE, reflecting a cautious market reaction to the mixed earnings beat.
EBITDA climbed to ₹132 crore, and the margin edged up to 38.2% from 37.3% a year ago, indicating tighter cost control and higher contribution from core business units. The order book stood at ₹1,375.7 crore as of September 30, 2026, underscoring a healthy pipeline that could sustain future growth.
In the broader tech hardware segment, peers reported EBITDA margins hovering around 35% in the same quarter, making Zen’s 38.2% margin a relative strength. Revenue growth at 99% also outpaced the sector’s average of 55% YoY, positioning Zen as a top performer in terms of top‑line expansion.
The company did not issue forward guidance in its filing, but the next earnings report is slated for January 15, 2027. Investors will be keen to see whether the robust order book translates into sustained profitability and how capital allocation plans evolve during the upcoming board meeting.