Zen Technologies has received its biggest ever order from the domestic market. It is a landmark Rs 224 crore order from Government of India (GoI), split into Rs 156 crore for equipment (expected to be executed during the next financial year 2018-2019) and Rs 68 crore of AMC which will accrue over the 5 years following the warranty period of 2 years.
As of October 29, 2017, the company’s order book was about Rs 133 crore, comprising of Rs 68 crore for equipment and Rs 65 crore for Annual Maintenance Contracts (AMC). The equipment order book of Rs 68 crore is largely composed of an export order, announced on October 12, 2017, of Rs 64 crore for virtual and live combat training systems. The AMC of Rs 65 crore on existing equipment is spread over the next 4 years+.
Zen Technologies specializes in making simulators and imparting training since 1993. It has an innovative research and development division and is recognized as an in-house R&D unit by the Department of Scientific and Industrial Research (DSIR).
Company Name | CMP |
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TCS | 4168.05 |
Infosys | 1922.05 |
HCL Tech. | 1911.20 |
Wipro | 305.15 |
Tech Mahindra | 1685.20 |
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