MTAR Technologies Limited , a leading manufacturer of mission-critical precision engineered systems, has announced robust financial results for the first quarter, demonstrating significant growth across key metrics.

Revenue and Profitability

MTAR Technologies reported a consolidated revenue of Rs 156.60 crores for Q1, marking a substantial 22.1% year-on-year increase from Rs 128.30 crores in the same quarter of the previous year. The company's profitability saw an even more impressive surge, with Profit After Tax (PAT) rising by 144.2% to Rs 10.80 crores, compared to Rs 4.40 crores in the corresponding quarter last year.

Operational Performance

The company's operational efficiency showed marked improvement, with EBITDA growing by 70.9% to Rs 28.40 crores. EBITDA margins expanded significantly from 12.9% to 18.1%, reflecting enhanced operational performance and cost management.

Order Book and New Orders

As of June 30, MTAR Technologies' order book stood at a robust Rs 930.20 crores. During the quarter, the company secured new orders worth Rs 105.30 crores across its diverse business segments, including clean energy, aerospace & defence, and other sectors.

Segment-wise Performance

MTAR's portfolio remains well-diversified across key sectors:

Strategic Developments

The company has made significant strides in its aerospace business, commencing batch production for several prominent clients including GKN Aerospace, Rafael, Elbit, IAI, and Thales. Additionally, MTAR has entered into long-term agreements with IAI and Weatherford, further solidifying its position in the aerospace and oil & gas sectors.

Working Capital Management

While the company demonstrated strong overall performance, there was a notable increase in working capital days, rising to 267 days from 247 days in the previous quarter. This aspect may require attention in the coming quarters to ensure optimal capital efficiency.

Management Commentary

Parvat Srinivas Reddy, Managing Director & Promoter of MTAR Technologies, expressed confidence in the company's outlook, stating, "We expect stronger execution in the second half of this fiscal year compared to the first. Backed by our cost competitiveness and engineering depth, we remain confident in sustaining export momentum despite tariff-related uncertainties. Additionally, we anticipate increased order inflows over the coming quarters, supported by a robust demand pipeline in Clean Energy, Civil Nuclear, Aerospace and Defence sectors."

Future Outlook

With a strong order book, improving operational metrics, and strategic agreements in place, MTAR Technologies appears well-positioned for continued growth. The company's focus on diversification across critical sectors and its emphasis on expanding its presence in the aerospace and defence segments are likely to be key drivers of future performance.

Investors and stakeholders will be keenly watching MTAR's ability to capitalize on its robust order book and navigate potential challenges in working capital management in the coming quarters.

MTAR Technologies Limited , a leading precision engineering solutions company, has announced several significant board reappointments and released its financial results for the first quarter.

Board Reappointments

The company's board of directors has approved multiple key reappointments, subject to shareholder approval at the upcoming Annual General Meeting (AGM):

• M/s. S.R. Batliboi & Associates LLP has been reappointed as Statutory Auditors for a second term of four years, from the 26th AGM until the conclusion of the 30th AGM in FY 2028-29.
• Mr. P. Srinivas Reddy and Mr. Akepati Praveen Kumar Reddy have been reappointed as Directors, retiring by rotation.
• Mr. Venkatasamy Gnana Sekaran will continue as a Non-Executive and Independent Director beyond the age of 75 years.
• Mr. Akepati Praveen Kumar Reddy has been reappointed as Whole Time Director for three years, effective August 9, 2025, with an annual remuneration of Rs. 96.00 lakhs plus 30% variable pay.
• Mr. Anushman Reddy has been reappointed as Whole Time Director for three years, effective August 9, 2025, with an annual remuneration of Rs. 144.00 lakhs plus 30% variable pay.

Q1 Financial Highlights

MTAR Technologies has reported a strong performance for the quarter ended June 30:

The company's revenue from operations saw a significant year-on-year growth of 22.11%, rising from Rs. 1,282.28 crore to Rs. 1,565.84 crore. Net profit more than doubled, showing an impressive growth of 147.17%, increasing from Rs. 45.43 crore to Rs. 112.29 crore.

Other Key Developments

• The Board of Directors has approved a proposal for the merger of its wholly-owned subsidiaries, Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited, into the company.
• The Annual General Meeting for FY 2024-25 is scheduled to be held on Thursday, September 18, 2025, at 11:00 a.m. through video conference or other audio-visual means.
• M/s. S.S Reddy & Associates, Practicing Company Secretary, has been appointed as the scrutinizer for conducting e-voting in the upcoming AGM.

MTAR Technologies continues to demonstrate strong financial performance and strategic governance decisions, positioning itself for sustained growth in the precision engineering sector.