Slide 1: Exchange filing cover letter
Date: May 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: ZEN
Slide 2: Investor Presentation Q4 FY23
Investor Presentation Q 4 F Y 2 3 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 FY23 Standalone Highlights 06 Quarterly Consolidated Highlights 07 FY23 Consolidated Highlights 08 Order Book Status 09 Financial Statement Summary 11 Overview 13 R&D - Our Strong Suit 14 R&D Spends over the Years IN
Slide 4: Management Commentary
Management Commentary Our investment in R&D reached an all-time high of nearly ₹19 crores, significantly higher than the Mr Ashok Atluri average of 12-14 crores CHAIRMAN & MANAGING DIRECTOR spent in the last 5 years. I am pleased to provide you with an update on the impressive We will continue to st
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) 364.54% 960% 1133.57% 74.14 26.50 17.27 15.96 2.50 1.40 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Revenue Segmentation Revenue Seg
Slide 6: FY23 Standalone Highlights
FY23 Standalone Revenue from Operations (YoY) EBITDA (YoY) Profit After Tax (YoY) Highlights (All Values ₹ in Crore) (All Values ₹ in Crore) (All Values ₹ in Crore) 200.58% 701.24% 1763.37% 37.64 161.44 58.33 53.71 7.28 2.02 FY22 FY23 FY22 FY23 FY22 FY23 Revenue Segmentation Revenue Segmentation R&D
Slide 7: 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) 245.14% 371.45% 35.17 508.13% 95.88 20.19 27.78 7.46 3.32 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Q4FY22 Q4FY23 Q4FY22 Q4FY23
Slide 8: FY23 Consolidated Highlights
FY23 Consolidated Revenue from Operations (YoY) EBITDA (YoY) Profit After Tax (YoY) Highlights (All Values ₹ in Crore) (All Values ₹ in Crore) (All Values ₹ in Crore) 2047.74% 213.76% 702.61% 42.74 218.85 79.86 69.75 9.95 1.99 FY22 FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 FY23 FY22 FY23 *PAT Adjusted
Slide 9: Order Book Status as of 31st Mar 2023
Order Book Status as of 31st Mar 2023 Order New Orders Book + Orders - Executed = TotalBook Order Order Book as on New Order bagged Orders executed Total Order Book as 1st January 2023 in Q4FY23 in Q4FY23 on 31st March 2023 AMC: 136.08 Cr AMC: 17.39 Cr AMC: 7.86 Cr AMC: 145.61 Cr Equipment: 268.36 C
Slide 10: Financial Statement Summary (Standalone)
Financial Statement Summary Summary of Standalone Profit & Loss Statement Particulars Q4FY23 Q3FY23 Q4FY22 FY23 FY22 (₹ in Crore) (Audited) (Unaudited) (Audited) (Audited) (Audited) KEY PERFORMANCE INDICATORS Sales 74.14 32.93 15.96 161.44 53.70 Other Operating Revenue 0.19 1.91 2.60 7.05 5.28 Total
Slide 11: Financial Statement Summary (Consolidated)
Financial Statement Summary Summary of Consolidated Profit & Loss Statement Particulars Q4FY23 Q3FY23 Q4FY22 FY23 FY22 (₹ in Crore) (Audited) (Unaudited) (Audited) (Audited) (Audited) KEY PERFORMANCE INDICATORS Sales 95.88 52.49 27.78 218.85 69.75 Other Operating Revenue (0.01) 1.95 2.64 7.25 5.38 T
Slide 12: 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. 11
Slide 13: 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 4 years on s
Slide 14: 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 system technology and is making further investments in development of Air Defence Gun Si
Slide 15: R&D Spends over the Years
R&D Spends over the Years 161.44 146.98 92.22 LEGENDS 61.65 (All Values ₹ in Crore) 52.61 53.70 49.57 38.96 Sales 19.09 14.30 12.72 12.83 12.27 14.82 12.88 13.80 R&D Expenditure FY15-16 FY16-17 FY17-18 FY18-19 FY19-20 FY20-21 FY21-22 FY22-23 ©Zen Technologies Limited – All Rights Reserved. 14
Slide 16: 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 17: 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 18: Investment Merits
Investment Merits Asset-light Increasing Revenues from AMC business model which is annuity in nature Strong regulatory Focus on tailwinds High Value Complex Systems Increasing R&D spends Strong Balance Sheet with special emphasis on Anti-Drone systems with zero debt for armed forces ©Zen Technologie
Slide 19: 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 20: Way Forward
Way Forward Increasing Focus on Simulators Focus on New Products and R&D for Anti Drone The recently announced Policy Document on Framework The continuous investments in R&D ensure that the of Simulators in the Armed Forces has created significant products are technologically advanced and suited for
Slide 21: Thank You
Disclaimer: Thank Certain Statements in this presentation Let’s connect concerning our future growth prospects are forward-looking statements, which involve a Afzal Malkani number of risks and uncertainties that could You a fza l. m a lk a n i@ zen t ec h n o lo g ies. c o m cause actual results to