Zen Technologies Ltd's order book at Rs. 1467.32 crores.

Zen Technologies Limited, a leading provider of military training and counter-drone solutions, has announced a landmark order win, received on September 22, 2023, from the Ministry of Defence, Government of India. Valued at approximately ₹227.65 crores, inclusive of GST, the domestic order is for the supply of Anti-Drone systems. Zen was the resultant single vendor for this Anti-Drone systems order. Built into the contract is Comprehensive Maintenance Contract (CMC) post-warranty, at a cost of ₹43.22 crores, inclusive of GST. This significant development reinforces Zen Technologies' market position as a go-to company for Indian IP owned Anti-drone systems. We are committed to execute our cumulative order book for equipment over the next 18 months. We anticipate receiving substantial orders in the coming months.

The break-up of the current order book of Rs. 1,467.32 crores is as follows:

Training Simulators (including service and AMC) - Rs. 819.21 crores

Counter Drone System (including service and AMC) - Rs. 648.11 crores.

EQUITYBULLS