Welcome another article about Zen Technologies Ltd’s Share Price Targets for 2024, 2025, 2026, 2027, 2028, 2029, and 2030 based on its fundamental and historical data. After reading this article you can understand the financial health and the future movement of the stock.
Zen Technologies Ltd. Is an IT sector company incorporated in 1993 and headquartered in Hyderabad, India. The company offers a wide range of products and services catering to the training needs of defense and security forces, as well as counter-drone solutions for safeguarding critical infrastructure.
Products of Zen Technologies Ltd.
Training Simulators: the company is a leading developer of training simulators, with over 40 products across various categories such as
Live Fire: These simulators replicate real-world firing ranges, allowing troops to practice with actual weapons in a controlled environment.
Live Instrumented: These simulators incorporate real-world weapons and scenarios but use instrumented ammunition and tracking systems to provide detailed feedback and performance analysis.
Virtual: These simulators leverage computer-generated environments to create immersive training experiences for individuals and units.
Constructive: These simulators employ computer-based models to simulate complex battle scenarios, enabling strategic and tactical decision-making training.
Examples of Specific Simulators:
ShootEdge® CornerShot Weapon System: This innovative system allows troops to engage targets from around corners without exposing themselves to enemy fire.
TacSim® – Tactical Engagement Simulator: This indoor simulator provides realistic close-quarter combat training for individuals and teams.
Combat Weapons Training Simulator (CWTS): This versatile simulator allows troops to train with various infantry weapons in a virtual environment.
Counter-Drone Solutions:
Drone Detection and Classification: These systems employ various technologies like radar and radio frequency analysis to identify and track drones in real time.
Drone Neutralization: Zen Technologies offers solutions to disable or destroy drones using jamming or other countermeasures.
Peer Competitors of Zen Technologies Ltd.
Magellanic Cloud Ltd.
NIIT Learning Systems Ltd.
Nazara Technologies Ltd.
R Systems International Ltd.
Fundamentals of Zen Technologies Ltd.
| Market Cap | 6,800.59 Cr. |
| PE | 57.89 |
| PB | 18.83 |
| Dividend Yield | 0.02 % |
| Book Value | 49.61 |
| Cash | 147.22 Cr. |
| Debt | 5.84 Cr. |
| EPS | 13.49 |
| ROE | 33.60 |
| ROCE | 17.79 % |
| Sales Growth | 200.60 % |
| Profit Growth | 1,759.94% |
Fundamental Analysis of Zen Technologies Ltd.
The ROE of the company is 33.60%, indicating a strong ability to generate profits from shareholder equity.
The Net Profit Margin of the company is 28.69% (TTM) indicating a significant portion of revenue translates to net profit, showing efficient operations and cost management.
The Current Ratio of the company is 2.69, which indicates adequate short-term liquidity to cover current liabilities.
The Debt-to-Equity Ratio of the company is 0.5% indicating very minimal debt compared to shareholder equity, placing them in a strong financial position with minimal financial risk.
The Inventory Turnover Ratio of the company is 17.87 indicating they hold inventory for an average of 20.7 days (365 / 17.87), which could be considered efficient depending on industry standards.
The Price-to-Earnings Ratio (PE Ratio) of the company is 57.89 (TTM) indicates the stock price is relatively high compared to its earnings per share.
Price-to-Book Ratio (PB Ratio) of the company is 18.83 (TTM) signifies the stock price is significantly higher than the company’s book value per share.
Dividend History of Zen Technologies Ltd.
The company does not maintain a consistent dividend payout policy.
| Date | Ex-Dividend Date | Cash Amount (₹ per share) |
| September 21, 2022 | September 21, 2022 | 0.10 |
| August 18, 2021 | August 18, 2021 | 0.10 |
| September 10, 2020 | September 10, 2020 | 0.40 |
| September 12, 2019 | September 12, 2019 | 0.30 |
| September 19, 2018 | September 19, 2018 | 0.10 |
| September 19, 2017 | September 19, 2017 | 0.15 |
Share Holding Pattern of Zen Technologies Ltd.
| Category | Percentage |
| Promoters | 55.07% |
| Foreign Institutional Investors (FII)/Foreign Portfolio Investors (FPI) | 4.65% |
| Domestic Institutional Investors (DII) | 3.09% |
| Public Holding | 37.19% |
Promoter Shareholding in the company is 55.07% and they pledged 0.93% of the stake which indicates a negative sign.
FII/FPI holding in the company is 4.65% and they increased their stake from 51 to 59 in the last quarter.
Recent News About Zen Technologies Ltd.
On Feb 24, 2024, the company announced the acquisition of a 51% stake in AiTuring Technologies, which offers electronic optics and robotics solutions. This acquisition could potentially strengthen Zen Technologies’ product portfolio and position them in new market segments.
Zen Technologies Ltd Share Price Targets
Zen Technologies Ltd Share Price Targets are given based on its historical price action data and its trend movement.
| Year | Minimum | Maximum |
| 2024 | 723 | 914 |
| 2025 | 875 | 1171 |
| 2026 | 1116 | 1355 |
| 2027 | 1327 | 1594 |
| 2028 | 1563 | 1723 |
| 2029 | 1682 | 2078 |
| 2030 | 2005 | 2350 |
Zen Technologies Ltd Share Price Target 2024
In recent years the company has shown good financial performance and the stock is near to its almost high, so we are expecting the trend will continue, we are expecting Zen Technologies Ltd Share Price Target in 2024 will be a minimum of 723 and a maximum of 914.
Zen Technologies Ltd Share Price Target 2025
The company is investing a lot of profit in R&D for innovation hence the company has 125 patents in the company name. The company will same in the future so we are projecting Zen Technologies Ltd’s Share Price Target for 2025 will be a minimum of 875 and a maximum of 1171.
Zen Technologies Ltd Share Price Target 2026
The company has built a strong reputation and established good relationships within the Indian defense sector, this will help the future performance of the company so we are projecting Zen Technologies Ltd’s Share Price Target for 2026 will be a minimum of 1116 and a maximum of 1355.
Zen Technologies Ltd Share Price Target 2027
The growing demand for training simulators in the global market for military training will boost the company’s performance in the future so we are projecting Zen Technologies Ltd Share Price Target for 2027 will be a minimum of 1327 and a maximum of 1594.
Zen Technologies Ltd Share Price Target 2028
The company has the opportunity to capture the counter-drone solutions market in the future. So we are projecting Zen Technologies Ltd’s Share Price Target for 2028 will be a minimum of 1563 and a maximum of 1723.
Zen Technologies Ltd Share Price Target 2029
In 2029 if the micro and macroeconomics are in a fever of the sector then we are expecting Zen Technologies Ltd’s Share Price Target will be a minimum of 1682 and a maximum of 2078.
Zen Technologies Ltd Share Price Target 2030
The company has a lot of opportunities in its field if the company can sustain we are expecting Zen Technologies Ltd’s Share Price Target for 2030 will be a minimum of 2005 and a maximum of 2350.
Read more: INOX India Ltd. Share Price Target
Final Words:
Zen Technologies Ltd. Have a strong foundation with potential growth. The company has a strong focus on R&D and innovation, a diverse portfolio of training simulators, and an established player in the Indian defense market. So before investment consider all market conditions and sector trends to make investment decisions.
