MTAR Technologies Reports Record Q3 FY26 Revenue of Rs. 278 Cr with Strong Growth Across All Metrics
MTAR Technologies achieved record Q3 FY26 performance with revenue of Rs. 278.0 Cr (59.3% YoY growth) and EBITDA of Rs. 64.0 Cr (92.5% YoY growth). Sequential quarterly growth was even stronger with 105.0% revenue increase and 276.6% EBITDA growth. The precision engineering company's strong results reflect robust order book and structural growth in clean energy, aerospace, and defence sectors.

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MTAR Technologies Limited delivered exceptional financial performance in Q3 FY26, reporting record quarterly revenue and significant margin expansion across all key metrics. The precision engineering company, which specializes in mission-critical systems for clean energy, aerospace, and defence sectors, announced its unaudited consolidated results for the quarter ended December 31, 2025.
Outstanding Year-on-Year Performance
The company achieved remarkable growth momentum with substantial improvements across all financial parameters. Revenue from operations demonstrated strong traction in the company's core sectors, while profitability metrics reflected improved operational efficiency and favorable product mix.
| Metric | Q3 FY26 | Q3 FY25 | YoY Growth |
|---|---|---|---|
| Revenue from Operations | Rs. 278.0 Cr | Rs. 174.5 Cr | 59.3% |
| EBITDA | Rs. 64.0 Cr | Rs. 33.3 Cr | 92.5% |
| Profit Before Tax | Rs. 46.1 Cr | Rs. 21.4 Cr | 115.2% |
| Profit After Tax | Rs. 34.7 Cr | Rs. 16.0 Cr | 117.3% |
Sequential Quarter Momentum Continues
The quarter-on-quarter performance showcased even more dramatic improvements, indicating accelerating business momentum and successful execution of the company's strategic initiatives. The sequential growth reflects strong order fulfillment and operational scaling capabilities.
| Metric | Q3 FY26 | Q2 FY26 | QoQ Growth |
|---|---|---|---|
| Revenue from Operations | Rs. 278.0 Cr | Rs. 135.6 Cr | 105.0% |
| EBITDA | Rs. 64.0 Cr | Rs. 17.0 Cr | 276.6% |
| Profit Before Tax | Rs. 46.1 Cr | Rs. 5.7 Cr | 712.6% |
| Profit After Tax | Rs. 34.7 Cr | Rs. 4.2 Cr | 717.2% |
Management Commentary and Outlook
Mr. Parvat Srinivas Reddy, Managing Director & Promoter, highlighted the company's achievement of highest-ever quarterly revenue driven by strong operational performance. He emphasized the robust order book reflecting strong industry tailwinds and structural growth in clean energy sectors including fuel cells and civil nuclear power, along with aerospace segments. The management expects margins to improve sequentially in coming quarters, supported by higher operating leverage and favorable shift in product mix towards volume-based production.
Company Profile and Market Position
MTAR Technologies operates nine strategically located manufacturing units, including export-oriented facilities based in Hyderabad, Telangana. The company serves diverse sectors including clean energy (civil nuclear power, fuel cells, hydel & others), aerospace, and defence. With over four decades of operational experience, MTAR maintains long-standing relationships with leading Indian organizations and global OEMs, positioning it well for continued growth in mission-critical precision engineering applications.
Historical Stock Returns for MTAR Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.50% | +12.50% | +14.53% | +86.91% | +83.88% | +153.30% |


































