Shares of Zen Applied sciences Ltd had been locked at a 5% increased circuit on 23 June after the corporate introduced securing a controlling stake in TISA Aerospace Pvt. Ltd. for Rs 6.56 crore. The corporate is now specializing in unmanned aerial automobiles (UAVs).
Zen Tech is at the moment lively within the defence coaching and anti-drone options segments. TISA Aerospace is a brand new defence expertise enterprise that focuses on indigenously developed loitering bombs and UAVs.
TISA Aerospace’s 2025 turnover was Rs 1.81 crore. It has additionally efficiently accomplished a undertaking for the Protection Analysis and Improvement Group (DRDO).
Zen Tech’s complete order guide as of 31 March 2025 was Rs 691.94 crore.
The corporate expects income to broaden at a compound annual progress fee (CAGR) of fifty% between FY26 and FY28, albeit FY26 could also be decrease. The corporate expects to generate Rs 6,000 crore in gross sales over the subsequent three years. The corporate expects orders totalling Rs 800 crore within the first half of FY26.
At 12:56 pm, the shares of Zen Applied sciences had been locked 5% increased at Rs 1,994.60 on NSE.
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