MTAR Technologies net profit jumps 351% in Q4FY26 on revenue surge
MTAR Technologies delivered strong Q4FY26 results with net profit jumping to ₹505.04 million from ₹112.29 million YoY, driven by revenue growth to ₹3,607.21 million. The Board approved the results, re-appointed two directors, and scheduled the AGM for September 2026.

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MTAR Technologies reported a net profit of ₹505.04 million for the quarter ended June 30, 2026, a sharp increase from ₹112.29 million in the corresponding period last year. The Hyderabad-based aerospace and defense solutions provider saw its total revenue from operations rise to ₹3,607.21 million, up from ₹1,565.84 million in Q4FY25. The strong performance was underpinned by robust product sales and improved operating efficiency, signaling sustained momentum in the company's order execution capabilities.
The Board of Directors approved the unaudited standalone and consolidated financial results during a meeting held on July 29, 2026. In addition to the financials, the Board re-appointed Mr. Rohith Loka Reddy and Mr. Anushman Reddy as directors, retiring by rotation. Their appointments are subject to shareholder approval at the Annual General Meeting (AGM). The company also announced that the AGM for FY2025-26 will be held on September 28, 2026, via video conference or other audio-visual means. M/s. S.S. Reddy & Associates has been appointed as the scrutinizer for e-voting.
Financial Performance Highlights
MTAR Technologies' revenue from operations more than doubled year-on-year, driven primarily by sale of products which stood at ₹3,558.92 million compared to ₹1,544.10 million in Q4FY25. Other operating revenue contributed ₹48.29 million. Total expenses for the quarter were ₹3,011.17 million, including cost of materials consumed at ₹2,042.72 million and employee benefit expenses at ₹457.71 million. Finance costs increased to ₹158.47 million from ₹58.16 million in the previous year's quarter.
The following table outlines the key standalone financial metrics for Q4FY26:
| Metric: | Q4FY26 | Q4FY25 |
|---|---|---|
| Revenue from Operations: | ₹3,607.21M | ₹1,565.84M |
| Net Profit: | ₹505.04M | ₹112.29M |
| Earnings Per Share (Basic): | ₹16.42 | ₹3.65 |
| Total Comprehensive Income: | ₹505.04M | ₹112.29M |
Margin Expansion Drives Profitability
The company's profitability expanded significantly, with basic earnings per share rising to ₹16.42 from ₹3.65 in the year-ago quarter. Consolidated net profit stood at ₹502.27 million, compared to ₹108.13 million in Q4FY25. The consolidated revenue from operations was ₹3,607.21 million. S.R. Batliboi & Associates LLP, the statutory auditors, issued a review report stating that nothing came to their attention to cause them to believe the statements contain material misstatements. The auditors noted that the consolidated results include two subsidiaries, Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited, which reported a total net loss after tax of ₹7.22 million for the quarter.
Corporate Developments
The Board also approved the Notice of the AGM, the Directors' Report, the Business Responsibility and Sustainability Report (BRSR), and the Management Discussion and Analysis Report (MD&A) for FY2025-26. Mr. Rohith Loka Reddy, who holds an MBA from the Indian School of Business, is related to Managing Director Mr. P. Srinivas Reddy. Mr. Anushman Reddy, who holds a Bachelor's degree in Mechanical Engineering and an MS in global supply chain management, is related to Whole Time Director Mr. Praveen Kumar Reddy. Both directors are not debarred by SEBI or any other statutory authority. The company has filed a scheme for the merger of its wholly owned subsidiaries into the holding company with the National Company Law Tribunal.
Historical Stock Returns for MTAR Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.99% | -6.81% | -31.46% | +92.26% | +254.06% | +266.41% |
How will the proposed merger of wholly owned subsidiaries impact MTAR Technologies' consolidated financial structure and operational efficiency?
What specific factors contributed to the sharp increase in finance costs, and how might this affect future net profit margins?
Given the significant revenue growth driven by product sales, what is the current status of the company's order book for the upcoming fiscal year?


































