Close 2026-08-21 1267 scanned A

ZENTEC

Zen Technologies Limited
Capital GoodsMid capRs 17,393 crRs 79.2 cr traded a dayDefence
Close on 2026-08-21
1,926.30
+0.90%
52-week range91% of the way up
1,228.101,997.00
Market cap
17,393 cr
P/E (TTM)
98.0×
industry 52×
EPS (TTM)
19.65
Revenue YoY
-44.4%
Q1 FY27
Profit YoY
-59.9%
Net margin
22.5%
-8.7pt vs a year ago
Growth trend
-70.3pt
vs last quarter’s YoY
1 month
+7.0%
Below 52w high
3.7%
RSI (14)
79
overbought
Daily swing
3.6%
average true range
Volume
0.9×
vs 20-day average
Traded
Rs 79 cr
median day
Close200-day averageMaterial filing
1,2501,5001,7502,000Aug 25Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26
260 sessions · hover for the filing behind a move
1 week
+3.72%
1 month
+6.98%
3 months
+20.18%
6 months
+41.91%
1 year
+28.17%

The read

written from the numbers on this page
The evidence leans constructive5 supporting, 3 against, 1 worth knowing

Supporting

  • trading 25% above its 200-day average
  • sitting at 91% of its 52-week range, with little overhead supply from trapped buyers
  • up 28% over twelve months
  • matches the market's strongest stocks, which has beaten the market by +0.37 points over 20 sessions across 48,607 past signals
  • 3 independent kinds of evidence agree today, which is uncommon

Against

  • revenue fell 44% year on year in the quarter ending 2026-06-30
  • net margin has narrowed from 28.0% to 22.5% across four quarters
  • priced at 98× earnings against an industry median of 52× — 88% above its peers

Worth knowing

  • RSI at 79 is stretched; strong stocks stay stretched for a long time, so this is a note on entry timing, not on direction
ZENTEC sits in Defence — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close below 1,538, its 200-day average; a failure to hold the top of its 52-week range.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

read from the filings, with the figure behind every line
Working3

Holds more cash than borrowings, Rs 79 cr against Rs 3 cr.

Rs 79 crRs 3 cr

Operating cash flow was Rs 245 cr against Rs 177 cr of profit over four quarters, 138% of it.

Rs 245 crRs 177 cr138%

Borrowings are 0.00 times owners' equity, Rs 3 cr against Rs 1,889 cr.

0.00Rs 3 crRs 1,889 cr
Needs watching3

Net profit -49.8% year on year, Rs 63 cr to Rs 32 cr.

-49.8%Rs 63 crRs 32 cr

Revenue -41.4% year on year, Rs 242 cr to Rs 142 cr.

-41.4%Rs 242 crRs 142 cr

Net margin moved from 26.2% to 22.5%.

26.2%22.5%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.

How it has performed

price return over each window, measured against zero
+3.7%1W+7.0%1M+20.2%3M+41.9%6M+28.2%1Y

What the scans say today

6 of 47 matched on 2026-08-21
ZENTEC matches 6 of the 47 scans today, across 3 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.

Quality of the business

balance sheet as at 2026-03-31
Return on equity
9.4%
trailing profit over shareholders’ funds
Return on capital
12.9%
pre-tax profit over equity plus borrowings
Debt to equity
0.00×
3 cr borrowed against 1,889 cr of equity
Net debt
76 cr
cash exceeds borrowings
Cash conversion
138%
operating cash flow as a share of profit
Receivable days
126
how long customers take to pay
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.

Valuation against its own history

500 sessions since 2024-09-06
50×
median 65×
104×
now 98×
ZENTEC trades at 98× trailing earnings, above its median of 65× over this window — 51% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352) · Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · Order win filings were typically +0.20pt vs the market over the next 5 sessions (n=408)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
10014125524215217817814230.0%31.3%22.5%Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • nothing clear in the filed numbers

Going against it

  • revenue fell 44% against the same quarter a year earlier
  • profit dropped 60% year on year
  • net margin narrowed from 26.5% to 22.5%
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
2026-06-30 · consolidated
14246323.8322.5%
Q4 FY26
2026-03-31 · consolidated
17866473.5126.5%
Q3 FY26
2025-12-31 · consolidated
17873566.0931.3%
Q3 FY25
2024-12-31 · consolidated
15259434.4228.0%
Q2 FY25
2024-09-30 · consolidated
24282637.2626.2%
Q1 FY25
2024-06-30 · consolidated
255110799.1931.2%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+6.9%
Versus 200-day average+25.3%
Below 52-week high-3.5%
Above 52-week low+56.9%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)79.1
Higher closes in last 53 of 5
Six-month return+41.91%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)3.57%
Volume versus 20-day0.9x
Median daily turnoverRs 79.2 cr

Peers

Capital Goods · 107 classified companies
ZENTEC trades at 98.0× trailing earnings against an industry median of 52.1× across 102 other classified companies in its industry — more expensive than them, by 88%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
HAL334,39035.9+8.87%+12.32%347.4
BEL302,62649.2+2.13%+9.93%436.2
ABB157,31552.7−1.38%+44.21%154.7
POWERINDIA152,487132.6+6.63%+81.72%356.0
BHEL143,80959.1+0.83%+92.03%279.6
CUMMINSIND141,58059.8−8.78%+33.48%197.5
SIEMENS139,55235.2+6.34%+22.87%102.3
CGPOWER136,552110.1−1.90%+17.22%192.6
POLYCAB135,05946.5+0.35%+24.90%234.3
ENRIN122,30782.2+3.27%−2.55%133.9
GVT&D105,67781.0−4.65%+49.92%461.2
ZENTEC17,39398.0+6.98%+28.17%79.2
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
2026-08-181Trading far more than usual