MTAR Technologies Wins ₹310 Cr Nuclear Orders, Total Kaiga 5 & 6 Orders Reach ₹504 Cr

1 min read     Updated on 18 Dec 2025, 09:22 AM
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Overview

MTAR Technologies has received additional orders worth ₹310 crores for the Kaiga 5 & 6 reactors project from Megha Engineering Infrastructures Limited. This brings their total order book for the project to ₹504 crores, including a previous ₹194 crore order. The orders involve various equipment for the reactors, with deliveries scheduled until February 2030. This development strengthens MTAR's position in India's nuclear power infrastructure sector.

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MTAR Technologies has announced a significant milestone in its civil nuclear power business segment with the securing of additional orders worth ₹310.00 crores. This development strengthens the company's position in India's expanding nuclear power infrastructure sector and provides substantial revenue visibility for the coming years.

Order Details and Client Information

The newly secured orders are specifically related to the Kaiga 5 & 6 reactors project, awarded by Megha Engineering Infrastructures Limited. With these additional orders, MTAR Technologies' total order book for the Kaiga 5 & 6 reactors has reached ₹504.00 crores, including an earlier order worth ₹194.00 crores received in the current month.

Parameter Details
New Order Value ₹310.00 crores
Client Megha Engineering Infrastructures Limited
Total Kaiga 5 & 6 Orders ₹504.00 crores
Previous Order ₹194.00 crores
Delivery Timeline Until February 2030

Regulatory Disclosure and Compliance

The company made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2018. The orders involve various equipment for Kaiga 5 and Kaiga 6 civil nuclear reactors, with staggered deliveries scheduled until February 2030. MTAR Technologies confirmed that this is a domestic order from a new customer in the civil nuclear power sector.

Strategic Significance and Management Commentary

These orders reinforce MTAR Technologies' capabilities in the civil nuclear power sector, demonstrating the company's technical expertise and reliability in delivering critical components for nuclear power infrastructure. Parvat Srinivas Reddy, Managing Director of MTAR, expressed optimism about strong growth in this segment, backed by a robust order book and favorable industry outlook.

The substantial order value of ₹504.00 crores for the Kaiga project alone highlights MTAR Technologies' growing presence in the nuclear power industry and its ability to secure long-term, high-value contracts in specialized engineering sectors.

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MTAR Technologies Secures $41.17M Revised Order with Q2 FY27 Execution Timeline

1 min read     Updated on 15 Dec 2025, 01:03 PM
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Reviewed by
Shriram SScanX News Team
Overview

MTAR Technologies Limited announced a revised purchase order worth $41.17 million (₹370.56 crores), representing an incremental increase of $10.29 million from the original $30.88 million order disclosed in November 2025. The order from an existing customer is scheduled for execution in Q2 FY27, providing clear revenue visibility and demonstrating the company's ability to expand customer relationships in the aerospace and defence sector.

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*this image is generated using AI for illustrative purposes only.

MTAR Technologies Limited has secured a substantial revised purchase order worth $41.17 million, marking a significant development for the aerospace and defence specialist. The company disclosed the order amendment details through a regulatory filing dated December 15, 2025, under SEBI Listing Regulations.

Order Details and Financial Impact

The revised purchase order carries a total value of $41.17 million, equivalent to approximately ₹370.56 crores. This represents an amendment to the previously disclosed order worth $30.88 million (approximately ₹271.75 crores) that was intimated on November 12, 2025.

Order Component Value (USD) Value (INR)
Total Revised Order $41.17 million ₹370.56 crores
Incremental Order Value $10.29 million ₹92.64 crores
Original Order Value $30.88 million ₹271.75 crores

Execution Timeline and Customer Details

The order is scheduled for execution in Q2 FY27, providing clear revenue visibility for the company. The purchase order comes from an existing customer, though MTAR Technologies has not disclosed the customer's name due to confidentiality reasons, as stated in their regulatory filing.

Regulatory Compliance and Disclosure

The company filed the disclosure under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2018, in compliance with SEBI master circular dated November 11, 2024. The filing was signed by Naina Singh, Company Secretary and Compliance Officer, ensuring proper regulatory adherence.

Business Implications

This revised purchase order strengthens MTAR Technologies' order book and validates the company's technical capabilities in serving international clients. The substantial incremental value of $10.29 million demonstrates the company's ability to expand existing customer relationships and secure additional business components.

The enhanced order book provides greater revenue visibility extending into FY27 and supports the company's growth trajectory in specialized manufacturing segments. Such significant international orders from existing customers underscore MTAR Technologies' competitive positioning and operational excellence in delivering complex engineering solutions for the aerospace and defence industries.

Historical Stock Returns for MTAR Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-0.58%-0.43%-10.76%+36.22%+48.18%+113.03%
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