Zen Technologies Limited
Zen Technologies Limited, together with its subsidiaries, engages in the design, development, manufacture, and sale of training simulators in India and internationally. The company provides anti-drone systems; training and simulation live ranges, comprising smart and multi-functional target systems, tank targets, master control station for live-firing ranges, air-to-ground firing range scoring sy… Read more
Zen Technologies Limited (ZENTEC) - Net Assets
Latest net assets as of September 2025: ₹18.41 Billion INR
Based on the latest financial reports, Zen Technologies Limited (ZENTEC) has net assets worth ₹18.41 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹20.49 Billion) and total liabilities (₹2.08 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹18.41 Billion |
| % of Total Assets | 89.86% |
| Annual Growth Rate | 24.83% |
| 5-Year Change | 724.04% |
| 10-Year Change | 1444.77% |
| Growth Volatility | 59.25 |
Zen Technologies Limited - Net Assets Trend (2006–2025)
This chart illustrates how Zen Technologies Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zen Technologies Limited (2006–2025)
The table below shows the annual net assets of Zen Technologies Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹17.36 Billion | +272.28% |
| 2024-03-31 | ₹4.66 Billion | +41.18% |
| 2023-03-31 | ₹3.30 Billion | +13.93% |
| 2022-03-31 | ₹2.90 Billion | +37.61% |
| 2021-03-31 | ₹2.11 Billion | +6.52% |
| 2020-03-31 | ₹1.98 Billion | +46.38% |
| 2019-03-31 | ₹1.35 Billion | +14.09% |
| 2018-03-31 | ₹1.18 Billion | -0.94% |
| 2017-03-31 | ₹1.20 Billion | +6.38% |
| 2016-03-31 | ₹1.12 Billion | +1.25% |
| 2015-03-31 | ₹1.11 Billion | +12.68% |
| 2014-03-31 | ₹985.02 Million | -8.16% |
| 2013-03-31 | ₹1.07 Billion | +3.52% |
| 2012-03-31 | ₹1.04 Billion | +31.56% |
| 2011-03-31 | ₹787.59 Million | -3.69% |
| 2010-03-31 | ₹817.75 Million | +24.87% |
| 2009-03-31 | ₹654.90 Million | +41.44% |
| 2008-03-31 | ₹463.03 Million | +49.61% |
| 2007-03-31 | ₹309.49 Million | +20.53% |
| 2006-03-31 | ₹256.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zen Technologies Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 573629300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹5.74 Billion | 33.73% |
| Common Stock | ₹90.29 Million | 0.53% |
| Other Comprehensive Income | ₹275.82 Million | 1.62% |
| Other Components | ₹10.90 Billion | 64.12% |
| Total Equity | ₹17.01 Billion | 100.00% |
Zen Technologies Limited Competitors by Market Cap
The table below lists competitors of Zen Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Feima International Supply Chain Co Ltd
SHE:002210
|
$718.01 Million |
|
Astria Therapeutics Inc
NASDAQ:ATXS
|
$718.13 Million |
|
CytomX Therapeutics Inc
NASDAQ:CTMX
|
$718.16 Million |
|
Esquire Financial Holdings Inc
NASDAQ:ESQ
|
$718.22 Million |
|
Premier Investments Ltd
AU:PMV
|
$717.92 Million |
|
QI7
F:QI7
|
$717.83 Million |
|
Navigator Co. S/A
LSE:0KLO
|
$717.61 Million |
|
OKE Precision Cutting Tools Co. Ltd. A
SHG:688308
|
$717.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zen Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,486,281,000 to 17,006,919,000, a change of 12,520,638,000 (279.1%).
- Net income of 2,802,441,000 contributed positively to equity growth.
- Dividend payments of 89,827,000 reduced retained earnings.
- Share repurchases of 9,801,900,000 reduced equity.
- New share issuances of 9,814,081,000 increased equity.
- Other comprehensive income increased equity by 232,089,000.
- Other factors increased equity by 9,563,754,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.80 Billion | +16.48% |
| Dividends Paid | ₹89.83 Million | -0.53% |
| Share Repurchases | ₹9.80 Billion | -57.63% |
| Share Issuances | ₹9.81 Billion | +57.71% |
| Other Comprehensive Income | ₹232.09 Million | +1.36% |
| Other Changes | ₹9.56 Billion | +56.23% |
| Total Change | ₹- | 279.09% |
Book Value vs Market Value Analysis
This analysis compares Zen Technologies Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.32x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 423.33x to 7.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹3.37 | ₹1424.60 | x |
| 2007-03-31 | ₹4.05 | ₹1424.60 | x |
| 2008-03-31 | ₹5.71 | ₹1424.60 | x |
| 2009-03-31 | ₹7.66 | ₹1424.60 | x |
| 2010-03-31 | ₹9.20 | ₹1424.60 | x |
| 2011-03-31 | ₹8.86 | ₹1424.60 | x |
| 2012-03-31 | ₹11.66 | ₹1424.60 | x |
| 2013-03-31 | ₹12.07 | ₹1424.60 | x |
| 2014-03-31 | ₹12.77 | ₹1424.60 | x |
| 2015-03-31 | ₹14.38 | ₹1424.60 | x |
| 2016-03-31 | ₹14.56 | ₹1424.60 | x |
| 2017-03-31 | ₹15.49 | ₹1424.60 | x |
| 2018-03-31 | ₹15.35 | ₹1424.60 | x |
| 2019-03-31 | ₹17.51 | ₹1424.60 | x |
| 2020-03-31 | ₹24.78 | ₹1424.60 | x |
| 2021-03-31 | ₹25.71 | ₹1424.60 | x |
| 2022-03-31 | ₹35.00 | ₹1424.60 | x |
| 2023-03-31 | ₹37.95 | ₹1424.60 | x |
| 2024-03-31 | ₹53.81 | ₹1424.60 | x |
| 2025-03-31 | ₹194.60 | ₹1424.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zen Technologies Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.48%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.78%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.20x
- Recent ROE (16.48%) is above the historical average (13.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 27.90% | 37.15% | 0.50x | 1.49x | ₹45.96 Million |
| 2007 | 22.78% | 31.39% | 0.46x | 1.58x | ₹39.56 Million |
| 2008 | 23.37% | 42.97% | 0.39x | 1.41x | ₹61.93 Million |
| 2009 | 27.83% | 28.89% | 0.62x | 1.55x | ₹116.74 Million |
| 2010 | 20.62% | 32.29% | 0.44x | 1.46x | ₹86.87 Million |
| 2011 | -2.66% | -12.03% | 0.17x | 1.33x | ₹-99.71 Million |
| 2012 | 30.47% | 31.00% | 0.64x | 1.53x | ₹212.06 Million |
| 2013 | 4.37% | 12.61% | 0.29x | 1.17x | ₹-60.41 Million |
| 2014 | 0.07% | 0.15% | 0.36x | 1.30x | ₹-97.82 Million |
| 2015 | 14.18% | 20.04% | 0.44x | 1.60x | ₹46.39 Million |
| 2016 | 2.06% | 4.40% | 0.32x | 1.48x | ₹-89.24 Million |
| 2017 | 6.00% | 11.63% | 0.42x | 1.22x | ₹-47.83 Million |
| 2018 | -0.33% | -1.00% | 0.24x | 1.39x | ₹-122.31 Million |
| 2019 | 9.86% | 14.44% | 0.42x | 1.62x | ₹-1.94 Million |
| 2020 | 30.74% | 39.37% | 0.70x | 1.12x | ₹396.51 Million |
| 2021 | 1.52% | 5.69% | 0.24x | 1.09x | ₹-173.29 Million |
| 2022 | 0.70% | 2.85% | 0.19x | 1.30x | ₹-263.17 Million |
| 2023 | 13.52% | 19.53% | 0.46x | 1.50x | ₹111.21 Million |
| 2024 | 28.51% | 29.07% | 0.59x | 1.67x | ₹830.22 Million |
| 2025 | 16.48% | 28.78% | 0.48x | 1.20x | ₹1.10 Billion |
Industry Comparison
This section compares Zen Technologies Limited's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $32,284,260,692
- Average return on equity (ROE) among peers: 20.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zen Technologies Limited (ZENTEC) | ₹18.41 Billion | 27.90% | 0.11x | $718.01 Million |
| Apollo Micro Systems Limited (APOLLO) | $460.20 Million | 21.73% | 3.41x | $387.02 Million |
| Bharat Dynamics Limited (BDL) | $32.11 Billion | 10.97% | 1.70x | $1.38 Billion |
| Bharat Electronics Limited (BEL_old) | $13.01 Billion | 25.38% | 2.23x | $15.34 Billion |
| Cochin Shipyard Limited (COCHINSHIP) | $37.23 Billion | 16.98% | 0.72x | $1.32 Billion |
| Data Patterns (India) Limited (DATAPATTNS) | $1.53 Billion | 13.71% | 0.92x | $889.67 Million |
| DCX Systems Limited (DCXINDIA) | $171.70 Million | 56.75% | 39.70x | $98.42 Million |
| Garden Reach Shipbuilders & Engineers Limited (GRSE) | $9.55 Billion | 12.21% | 5.74x | $760.61 Million |
| Hindustan Aeronautics Limited (HAL) | $193.17 Billion | 26.30% | 2.02x | $8.44 Billion |
| Mazagon Dock Shipbuilders Limited (MAZDOCK) | $34.32 Billion | 14.97% | 6.30x | $2.07 Billion |
| Megasoft Limited (MEGASOFT) | $1.28 Billion | 1.02% | 1.20x | $44.57 Million |