Rs 754 crore order book: Defence Drone Company Secures Rs 289 Crore Orders from Ministry of Defence for Anti-Drone System Upgradation

Zen Technologies Limited announced the receipt of two new orders from the Ministry of Defence, Government of India, on October 31, 2025. The orders, valued at a total aggregate of Rs 289 crore (including GST), are related to the upgradation of Anti-Drone Systems.

The awarding entity for these contracts is the Ministry of Defence, which is a domestic government body. According to the company, the execution of these orders is expected to be completed within one year. Zen Technologies clarified that the contracts do not fall under related party transactions, and the promoter or promoter group has no interest in the awarding entity.

These new orders further strengthen the company’s position in the defence technology space, particularly in the area of counter-drone and surveillance systems.

About the Company

Zen Technologies Limited is a leading provider of defence training and anti-drone solutions, boasting over 30 years of experience. With a dedicated R&D facility in Hyderabad, recognised by the Indian government, Zen Technologies has applied for over 172 patents and shipped more than 1,000 training systems globally. They continuously update their portfolio to address emerging threats, offering customised training programs that meet the specific needs of clients like the Ministry of Interiors, the Ministry of Defence, and even the U.S. Army and the Department of Defence.

The company has a market cap of over Rs 12,000 crore with a 3-year stock price CAGR of 100 per cent. As of June 30, 2025, the total Order Book is Rs 754 crore. The stock is up over 50 per cent from its 52-week low of Rs 946.65 per share; gave multibagger returns of 610 per cent in 3 years and a whopping 1,530 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.