Zen Technologies targets Rs 1,300-1,500 crore revenue target for FY26

Zen Technologies, a key player in India's defence and simulation technology sector, has set an ambitious revenue target of Rs 1,300-1,500 crore for financial year 2025-26, marking a substantial increase from current levels.

The company's growth outlook has been bolstered by a recent government decision to extend the validity period of the Open General Export Licence (OGEL) from two years to three years. This extension, which also broadens the list of eligible countries for exports beyond the previously approved 41 nations, is expected to provide greater flexibility and stability for international sales operations.

The extended OGEL validity period reduces compliance burden on exporters and streamlines procedures for companies engaged in defence technology and equipment manufacturing. The expanded country coverage under the revised framework opens new market opportunities, particularly in friendly nations and defence partnerships aligned with India's strategic interests.

Zen Technologies specialises in simulation and training systems for defence applications, including pilot training devices and weapons simulation systems. The company has been a significant contributor to India's domestic defence technology ecosystem, supplying critical equipment to the armed forces and allied organisations.

The projected revenue growth reflects both domestic demand within India's defence modernisation initiatives and increased international demand for Indian defence technology products, positioning the company for substantial expansion in the coming fiscal year.