Investor Presentation

November 01, 2026 To To Listing Department Dept. of Corp. Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 Symbol: ZENTEC Scrip Code: 533339 Dear Sir/Madam, Sub: Investor Presentation Please find attached Investor Presentation on the Un-audited Financial Results of the Company for the quarter and half year ended September 30, 2026. The above information is also available on the website of the Company: https://www.zentechnologies.com/calls-and-conferences This is for your kind information and records. Thanking you Yours faithfully, For Zen Technologies Limited Sourav Dhar Company Secretary & Compliance Officer Encl: As above Investor Presentation Q2 & H 1 F Y 2 7 Commentary Order inflow during the quarter was ₹481.81 crore, taking the consolidated order book to ₹1,375.70 crore as at 30 September 2026. The order book continued to grow as execution accelerated during the quarter, reflecting sustained demand across Zen’s product categories. This demand is underpinned by a supportive policy environment. The Defence Acquisition Council recently accorded Acceptance of Necessity to capital acquisition proposals, of which around 82% is earmarked for sourcing from the domestic defence industry, including categories in which Zen has fielded products. As indigenisation becomes central to defence procurement in India, Zen’s ownership of its core technology positions it as a natural beneficiary of this shift. Commenting on the results, Mr. Ashok Atluri, Chairman and Managing Director, said: “This quarter marks a defining milestone in Zen’s growth trajectory. Zen reported its highest-ever consolidated quarterly revenue of ₹345.13 crore, a growth of 98.8% year- on-year, at a healthy Operational EBITDA margin of 38.2%. These results reflect the scale of the execution capability we have built over the years. Zen has begun delivering the Fast Track Procurement orders received last year, ahead of the contractual timelines. That is possible because the technology is ours - there is no foreign licensor to go back to when the Army changes a requirement, so the product changes in weeks, not procurement cycles. This translates directly into a significantly faster turnaround, enabling us to respond to evolving operational needs at the speed the Armed Forces require. With the sector moving decisively towards indigenisation, this ownership of our core technology places Zen in a strong position to capitalise on the opportunities ahead.” ©ZeZnE NT eTcEhCnHolNoOgiLeOs GLIimESit eLdIM –I TAEllD R i|g Qht2s &Re Hse1rFvYe2d7. 22 Q2FY27 Consolidated Highlights Revenue from Operations Operational EBITDA Profit After Tax (Adj for NCI) (All Values ₹ in Crore) (All Values ₹ in Crore) (All Values ₹ in Crore) 98.8% 103.9% 50.7% YoY YoY YoY 131.99 89.54 345.13 59.4 64.7 173.5 Q2FY26 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY27 ZEN TECHNOLOGIES LIMITED | Q2 & H1FY27 3 H1FY27 Consolidated Highlights Revenue from Operations Operational EBITDA Profit After Tax (Adj for NCI) (All Values ₹ in Crore) (All Values ₹ in Crore) (All Values ₹ in Crore) 46.71% 31.09% 15.73% YoY YoY YoY 170.71 129.4 124.00 486.77 331.7 107.1 H1FY26 H1FY27 H1FY26 H1FY27 H1FY26 H1FY27 ZEN TECHNOLOGIES LIMITED | Q2 & H1FY27 4 Financial Statement Summary Summary of Consolidated Profit & Loss Statement Q2FY27 Q1FY27 Q2FY26 H1FY27 H1FY26 Particulars (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (₹ in Crore) Key Performance Indicators Sales 345.13 141.64 173.57 486.77 331.79 Other Operating Revenue 16.71 19.16 25.31 35.87 47.10 Total Revenue 361.84 160.79 198.88 522.64 378.89 Total Operating Expenses 213.14 102.91 108.83 316.05 202.34 EBITDA 148.70 57.88 90.05 206.59 176.55 EBITDA Margins 41.1% 36.0% 45.2% 39.5% 46.6% Operational EBITDA 131.99 38.72 64.74 170.71 129.45 Operational EBITDA Margins 38.2% 27.3% 37.3% 35.1% 39.0% Interest Cost 1.13 1.09 2.04 2.22 5.50 Depreciation 8.73 7.86 5.71 16.58 12.05 Profit before exceptional items and tax 137.69 48.62 82.19 186.32 158.40 Profit After Tax (Adjusted for Non-Controlling Interest) 89.54 34.46 59.40 124.00 107.15 ZEN TECHNOLOGIES LIMITED | Q2 & H1FY27 5 Consolidated Order Book Status as of 30th September 2026 (₹ in Crore) Order Book New Orders Orders Executed Total Order Book Order Book as at New Orders bagged Orders executed in Order Book as at 30th June 2026 + in Q2FY27 Q2FY27 = 30th September 2026 1,239.02 Cr 481.81 Cr 345.13 Cr 995.00 Cr Equipment 380.70 Cr TOTAL 1,375.70 Cr ZEN TECHNOLOGIES LIMITED | Q2 & H1FY27 6 Consolidated Order Book (₹ in Crore) Domestic Export 1,283.84 91.86 Total + = 1,375.70 ZEN TECHNOLOGIES LIMITED | Q2 & H1FY27 7 Electronic Naval Sim Naval Sim Drones Propulsion Automated Robotics & Warfare Technology Weapons & Automated Surveillance Weapons Systems (AWSS) Station (AWS) 51% 100% 76% 76% 51% 49% 45.33% SHARE SHARE SHARE SHARE SHARE SHARE SHARE ZEN TECHNOLOGIES LIMITED | Q2 & H1FY27 8 Advanced Product Suite Force Multipliers & Naval & Air Counter-Drone Training Solutions Surveillance Systems Simulation Solutions Anti Drone System Live Ranges Force Multipliers Marine Solutions Loitering Munition Live Simulation ISR systems Naval Solutions Hyper-Strike Interceptor Virtual Simulation Autonomous Vehicles Air Simulators Combat Training Centre Robotics ©Zen TecZhEnNol oTgEiCeHs NLiOmLiOteGdI E–S A LllI MRiIgThEtDs R |e Qse2r v&e dH.1FY27 9 9 Our Products Combat Training Centre Simulators for Virtual Training Integrated Air Defence Combat Simulator ACTS: Armour Combat Training System Air Simulators Containerised Small Arms Firing Range Multi Functional Target System Naval Simulation: DSRV ZEN TECHNOLOGIES LIMITED | Q2 & H1FY27 10 Our Products Anti-Drone System (Containerised) Hyper-Strike Anti-Drone System (Man Portable) RF Based Drone Detector (RFDD) Drone RF Jammer (DRFJ) ZEN TECHNOLOGIES LIMITED | Q2 & H1FY27 11 Our Products Vector Technics: Drone Propulsion Motors ADS Hawkeye: Multi-Sensor Camera Vrishabh: Unmanned Ground Vehicle (UGV) Naval RCWS: Sharur (7.62 to 12.7 mm) ShootEdge: Corner-Shot Adapter ZEN TECHNOLOGIES LIMITED | Q2 & H1FY27 12 Thank You Disclaimer Let’s connect Certain Statements in this presentation concerning our Hari Haran Chalat future growth prospects are forward-looking statements, which involve a number of risks and uncertainties that Chief Financial Officer Zen Technologies Limited could cause actual results to differ materially from those investors@zentechnologies.com in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, intense competition, political instability and general economic conditions affecting our industry. The company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company. ©2026 ZEN TECHNOLOGIES LIMITED., ALL RIGHTS RESERVED. ZEN TECHNOLOGIES LOGO IS A TRADEMARK OF ZEN TECHNOLOGIES LIMITED. IN ADDITION TO COMPANY DATA, DATA FROM MARKET RESEARCH AGENCIES, STOCK EXCHANGES AND INDUSTRY PUBLICATIONS HAS BEEN USED FOR THIS PRESENTATION. THIS MATERIAL WAS USED DURING AN ORAL PRESENTATION; IT IS NOT A COMPLETE RECORD OF THE DISCUSSION. THIS WORK MAY NOT BE USED, SOLD, TRANSFERRED, ADAPTED, ABRIDGED, COPIED OR REPRODUCED IN WHOLE ON OR IN PART IN ANY MANNER OR FORM OR IN ANY MEDIA WITHOUT THE PRIOR WRITTEN CONSENT. ALL PRODUCT NAMES AND COMPANY NAMES AND LOGOS MENTIONED HEREIN ARE THE TRADEMARKS OR REGISTERED TRADEMARKS OF THEIR RESPECTIVE OWNERS.