• Export market expansion: Streamlined export clearances under the updated Open General Export Licence (OGEL) have reduced delivery lead times, allowing the company to aggressively target the CIS, Middle East, Africa, Southeast Asia, the US, and the EU.
• Annual revenue guidance: Full-year revenue is projected to reach ₹1,300 to ₹1,500 crore, requiring over ₹1,200 crore in execution over the remaining three quarters with growth accelerating from Q2 onward.
• Profitability and margins: Aided by operational leverage from higher execution volumes, the company is targeting a 35% EBITDA margin and a 25% PAT margin by the end of the financial year.
• Simulator order pipeline: Current order book stands at over ₹600 crore, primarily driven by simulator demand, with substantial additional orders expected from fast-track government defense procurements before year-end.
• QIP fund deployment: Zen Technologies has utilized more than ₹700 crore of its QIP proceeds, with the remaining ₹200-plus crore earmarked for evaluating potential inorganic acquisitions and general corporate purposes.