Zen Technologies Limited (ZENTEC) - Net Assets

Latest as of September 2025: Rs18.41 Billion INR ≈ $199.14 Million USD

Based on the latest financial reports, Zen Technologies Limited (ZENTEC) has net assets worth Rs18.41 Billion INR (≈ $199.14 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs20.49 Billion ≈ $221.61 Million USD) and total liabilities (Rs2.08 Billion ≈ $22.47 Million USD). 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. Check ZENTEC tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs18.41 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. See ZENTEC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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. For live valuation and market cap data, see market cap of Zen Technologies Limited.

Year Net Assets Change
2025-03-31 Rs17.36 Billion
≈ $187.73 Million		 +272.28%
2024-03-31 Rs4.66 Billion
≈ $50.43 Million		 +41.18%
2023-03-31 Rs3.30 Billion
≈ $35.72 Million		 +13.93%
2022-03-31 Rs2.90 Billion
≈ $31.35 Million		 +37.61%
2021-03-31 Rs2.11 Billion
≈ $22.78 Million		 +6.52%
2020-03-31 Rs1.98 Billion
≈ $21.39 Million		 +46.38%
2019-03-31 Rs1.35 Billion
≈ $14.61 Million		 +14.09%
2018-03-31 Rs1.18 Billion
≈ $12.81 Million		 -0.94%
2017-03-31 Rs1.20 Billion
≈ $12.93 Million		 +6.38%
2016-03-31 Rs1.12 Billion
≈ $12.15 Million		 +1.25%
2015-03-31 Rs1.11 Billion
≈ $12.00 Million		 +12.68%
2014-03-31 Rs985.02 Million
≈ $10.65 Million		 -8.16%
2013-03-31 Rs1.07 Billion
≈ $11.60 Million		 +3.52%
2012-03-31 Rs1.04 Billion
≈ $11.21 Million		 +31.56%
2011-03-31 Rs787.59 Million
≈ $8.52 Million		 -3.69%
2010-03-31 Rs817.75 Million
≈ $8.84 Million		 +24.87%
2009-03-31 Rs654.90 Million
≈ $7.08 Million		 +41.44%
2008-03-31 Rs463.03 Million
≈ $5.01 Million		 +49.61%
2007-03-31 Rs309.49 Million
≈ $3.35 Million		 +20.53%
2006-03-31 Rs256.76 Million
≈ $2.78 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 Rs5.74 Billion 33.73%
Common Stock Rs90.29 Million 0.53%
Other Comprehensive Income Rs275.82 Million 1.62%
Other Components Rs10.90 Billion 64.12%
Total Equity Rs17.01 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
Nanjing Gaoke Co Ltd
SHG:600064
 $1.88 Billion
Wuxi Boton Technology Co Ltd
SHE:300031
 $1.88 Billion
Shunsin Technology Holdings Ltd
TW:6451
 $1.88 Billion
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
 $1.88 Billion
Anhui Anke BioTech Group
SHE:300009
 $1.88 Billion
Ningbo PIA Automation Holding Corp. A
SHG:688306
 $1.87 Billion
Charter Hall Long Wale REIT
AU:CLW
 $1.87 Billion
AG Anadolu Group Holding
IS:AGHOL
 $1.87 Billion

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 Rs2.80 Billion +16.48%
Dividends Paid Rs89.83 Million -0.53%
Share Repurchases Rs9.80 Billion -57.63%
Share Issuances Rs9.81 Billion +57.71%
Other Comprehensive Income Rs232.09 Million +1.36%
Other Changes Rs9.56 Billion +56.23%
Total Change Rs- 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: 9.91x
  • 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 573.34x to 9.91x 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 Rs3.37 Rs1929.40 x
2007-03-31 Rs4.05 Rs1929.40 x
2008-03-31 Rs5.71 Rs1929.40 x
2009-03-31 Rs7.66 Rs1929.40 x
2010-03-31 Rs9.20 Rs1929.40 x
2011-03-31 Rs8.86 Rs1929.40 x
2012-03-31 Rs11.66 Rs1929.40 x
2013-03-31 Rs12.07 Rs1929.40 x
2014-03-31 Rs12.77 Rs1929.40 x
2015-03-31 Rs14.38 Rs1929.40 x
2016-03-31 Rs14.56 Rs1929.40 x
2017-03-31 Rs15.49 Rs1929.40 x
2018-03-31 Rs15.35 Rs1929.40 x
2019-03-31 Rs17.51 Rs1929.40 x
2020-03-31 Rs24.78 Rs1929.40 x
2021-03-31 Rs25.71 Rs1929.40 x
2022-03-31 Rs35.00 Rs1929.40 x
2023-03-31 Rs37.95 Rs1929.40 x
2024-03-31 Rs53.81 Rs1929.40 x
2025-03-31 Rs194.60 Rs1929.40 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 Rs45.96 Million
2007 22.78% 31.39% 0.46x 1.58x Rs39.56 Million
2008 23.37% 42.97% 0.39x 1.41x Rs61.93 Million
2009 27.83% 28.89% 0.62x 1.55x Rs116.74 Million
2010 20.62% 32.29% 0.44x 1.46x Rs86.87 Million
2011 -2.66% -12.03% 0.17x 1.33x Rs-99.71 Million
2012 30.47% 31.00% 0.64x 1.53x Rs212.06 Million
2013 4.37% 12.61% 0.29x 1.17x Rs-60.41 Million
2014 0.07% 0.15% 0.36x 1.30x Rs-97.82 Million
2015 14.18% 20.04% 0.44x 1.60x Rs46.39 Million
2016 2.06% 4.40% 0.32x 1.48x Rs-89.24 Million
2017 6.00% 11.63% 0.42x 1.22x Rs-47.83 Million
2018 -0.33% -1.00% 0.24x 1.39x Rs-122.31 Million
2019 9.86% 14.44% 0.42x 1.62x Rs-1.94 Million
2020 30.74% 39.37% 0.70x 1.12x Rs396.51 Million
2021 1.52% 5.69% 0.24x 1.09x Rs-173.29 Million
2022 0.70% 2.85% 0.19x 1.30x Rs-263.17 Million
2023 13.52% 19.53% 0.46x 1.50x Rs111.21 Million
2024 28.51% 29.07% 0.59x 1.67x Rs830.22 Million
2025 16.48% 28.78% 0.48x 1.20x Rs1.10 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: $42,332,083,300
  • Average return on equity (ROE) among peers: 13.38%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zen Technologies Limited (ZENTEC) Rs18.41 Billion 27.90% 0.11x $1.88 Billion
Apollo Micro Systems Limited (APOLLO) $3.20 Billion 4.57% 0.87x $1.55 Billion
Bharat Dynamics Limited (BDL) $30.31 Billion 16.50% 1.17x $5.20 Billion
Bharat Electronics Limited (BEL_old) $92.25 Billion 20.45% 1.26x $29.41 Billion
Cochin Shipyard Limited (COCHINSHIP) $50.03 Billion 15.66% 1.41x $4.18 Billion
Data Patterns (India) Limited (DATAPATTNS) $1.53 Billion 13.71% 0.92x $2.91 Billion
DCX Systems Limited (DCXINDIA) $13.75 Billion 2.83% 0.38x $232.89 Million
Garden Reach Shipbuilders & Engineers Limited (GRSE) $10.40 Billion 15.72% 4.18x $3.50 Billion
Hindustan Aeronautics Limited (HAL) $120.59 Billion 17.19% 3.08x $31.91 Billion
Mazagon Dock Shipbuilders Limited (MAZDOCK) $99.84 Billion 25.88% 1.75x $11.05 Billion
Sigma Advanced Systems Limited (MEGASOFT) $1.42 Billion 1.30% 1.24x $3.08 Billion

About Zen Technologies Limited

NSE:ZENTEC India Aerospace & Defense
Market Cap
$1.88 Billion
Rs173.49 Billion INR
Market Cap Rank
#6524 Global
#293 in India
Share Price
Rs1929.40
Change (1 day)
+2.23%
52-Week Range
Rs1228.10 - Rs1994.60
All Time High
Rs2577.00
Categories
Companies in India Aerospace & Defense
About

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