Zen Technologies Limited · NSE:ZENTEC
Zen Technologies — Q1 FY2024 Earnings Presentation
19 slides from Zen Technologies's earnings presentation, Aug 7, 2023
Slide 1: Exchange filing cover letter: Investor Presentation
Date: August 7, 2023 To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street Bandra Kurla Complex, Mumbai- 400001 Bandra (E), Mumbai – 400 051 Through: BSE Listing Centre Through: NEAPS Security Code: 533339 Symbol/Security ID:
Slide 2: Investor Presentation Q1 FY24
Investor Presentation Q 1 F Y 2 4 NSE : ZENTEC BLOOMBERG : ZEN IN B SE : ZENTEC - 533339 REUTERS : ZETE . BO
Slide 3: Inside this document
Inside this document 03 Management Commentary 04 Quarterly Standalone Highlights 05 Quarterly Consolidated Highlights 06 Order Book Status 07 Financial Statement Summary 09 Overview 11 R&D - Our Strong Suit 12 R&D Spends over the Years 13 Business Model ZEN TECHNOLOGIES LIMITED INVESTOR PRESENTATION
Slide 4: Management Commentary
Management Commentary . Mr Ashok Atluri CHAIRMAN & MANAGING DIRECTOR Zen Technologies' performance for Q1FY24 has set a geopolitical risks and India’s improved international new record for us in terms of revenue and profitability. relations, we are optimistic about making significant This strong per
Slide 5: Quarterly Standalone Highlights
Quarterly Standalone Revenue from Operations (YoY) EBITDA (YoY) Profit After Tax (YoY) Highlights (All Values ₹ in Crore) (All Values ₹ in Crore) (All Values ₹ in Crore) 299% 414% 474% 132.45 68.79 47.13 33.23 13.38 8.21 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Revenue Segmentation Revenue Segmenta
Slide 6: Quarterly Consolidated Highlights
Quarterly Consolidated Revenue from Operations (YoY) EBITDA (YoY) Profit After Tax (YoY) Highlights (All Values ₹ in Crore) (All Values ₹ in Crore) (All Values ₹ in Crore) 531% 257% 452% 132.45 47.09 71.59 37.07 12.96 7.46 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23 Q1FY24 Q1FY23
Slide 7: Order Book Status as of 30th June 2023
Order Book Status as of 30th June 2023 Order New Orders Book + Orders - Executed = TotalBook Order Order Book as on New Order bagged Orders executed Total Order Book as 1st April 2023 in Q1FY24 in Q1FY24 on 30th June 2023 AMC: 145.61 Cr AMC: 32.05 Cr AMC: 7.68 Cr AMC: 169.98 Cr Equipment: 327.20 Cr
Slide 8: Financial Statement Summary (Standalone)
Financial Statement Summary Summary of Standalone Profit & Loss Statement Particulars Q1FY24 Q4FY23 Q1FY23 (₹ in Crore) (Unaudited) (Audited) (Unaudited) KEY PERFORMANCE INDICATORS Sales 132.45 74.14 33.23 Other Operating Revenue 2.63 0.19 2.15 Total Revenue 135.08 74.33 35.38 Total Operating Expens
Slide 9: Financial Statement Summary (Consolidated)
Financial Statement Summary Summary of Consolidated Profit & Loss Statement Particulars Q1FY24 Q4FY23 Q1FY23 (₹ in Crore) (Unaudited) (Audited) (Unaudited) KEY PERFORMANCE INDICATORS Sales 132.45 95.88 37.07 Other Operating Revenue 2.68 (0.01) 2.17 Total Revenue 135.13 95.86 39.24 Total Operating Ex
Slide 10: Overview: Vision and Mission
Overview Since 1993 Vision To be a leading global defence training & anti-drone solutions provider. Mission To provide defence training & anti-drone solutions through innovative and cost-effective solutions. ©Zen Technologies Limited – All Rights Reserved. 9
Slide 11: Overview
Overview A pioneer An IP player 3 decades 25 years 5 years 100+ in developing defence (intellectual property) About 3 decades of Focus in the first 25 years Additional focus in Institutional customers training systems, and anti- successful track record exclusively on simulators the last 5 years on s
Slide 12: R&D – Our Strong Suit
R&D – ~73 Our Strong § Investments in R&D over the last years has resulted in continuous new product additions. The company CRORES OF INVESTMENTS Suit IN R&D IN LAST 5 YEARS has recently come out with Anti-Drone technology and is making further investments in development of Air Defence Gun Simulator
Slide 13: R&D Spends over the Years
R&D Spends over the Years (In crs) 6 4.89 5 4.15 4 3.39 3 1.89 2 1 0 Q1FY21 Q1FY22 Q1FY23 Q1FY24 ©Zen Technologies Limited – All Rights Reserved. 12
Slide 14: Business Model
Business Model Training Simulation Equipment Counter-Drone Solutions Annual Maintenance Contract § A leader in defence training solutions. § Anti drone systems are used to detect and/or § A recurring revenue stream with exceptional intercept unwanted drones and unmanned profitability margins § Infre
Slide 15: Strong Regulatory Tailwinds
Strong Regulatory The Government of India (GOI) has formulated several measures along with Tailwinds strict implementation timelines. The confluence § Aligning Defence Acquisition Procedure (DAP), 2020, with the of all these factors long-term goals of increase in indigenized content under various ca
Slide 16: Investment Merits
Investment Merits Asset-light Increasing Revenues from business model Simulators and Anti-drone systems Strong regulatory Focus on tailwinds High Value Complex Systems Increasing R&D spends Strong Balance Sheet with special emphasis on Anti-Drone systems with ~ ₹ 275 crores in cash balance as on for
Slide 17: Strategic Priorities
Strategic Priorities Continue to grow the sales of Equipment Establishing the Demo centre overseas and expand the product portfolio with and focusing on export markets to expand strong focus on emerging space Anti- the international presence. Drone systems. Scale the AMC business, where the Enhance
Slide 18: Way Forward
Way Forward Increasing Demand for Simulators Strong Government Support to Act as Tailwind The recently announced Policy Document on Framework The Government's strict implementation timelines and of Simulators in the Armed Forces has created significant focus on Make in India and Atmanirbhar Bharat h
Slide 19: Thank You
Disclaimer: Thank Certain Statements in this presentation Let’s connect concerning our future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that could You Afzal Malkani cause actual results to differ materially from those in such forward-looking s