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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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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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.

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MTAR Technologies Secures ₹194 Crore Order in Civil Nuclear Power Sector

1 min read     Updated on 06 Dec 2025, 11:33 AM
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Reviewed by
Riya DScanX News Team
Overview

MTAR Technologies Limited has won a significant order worth ₹194.00 crore in the civil nuclear power sector. The order, from Megha Engineering Infrastructures Ltd, involves supplying end fittings and associated components for the Kaiga 5&6 reactors. This is part of a larger confirmed order book of ₹504.00 crores, with the remaining orders expected in the near future. The project is set to be completed by April 2028. MTAR's Managing Director, Parvat Srinivas Reddy, expressed optimism about the growth prospects in the civil nuclear power sector.

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MTAR Technologies Limited has announced a significant order win valued at ₹194.00 crore in the civil nuclear power sector, showcasing the company's strong position in this strategic industry.

Order Details

Aspect Details
Order Value ₹194.00 crores
Client Megha Engineering Infrastructures Ltd
Scope Supply of end fittings and associated components
Sector Civil Nuclear Power
Execution Timeline To be completed by April 2028

Strategic Significance

This order is part of a larger confirmed order book of ₹504.00 crores from the Kaiga 5&6 reactors. MTAR Technologies expects to receive the balance orders in the near future, indicating a strong pipeline of projects in the nuclear power sector.

Management Commentary

Parvat Srinivas Reddy, Managing Director of MTAR Technologies, expressed optimism about the company's prospects in the civil nuclear power sector. He stated, "With a robust order inflow backed by strong industry tailwinds, Civil Nuclear Power sector is set to witness significant growth over the coming years."

Company Overview

MTAR Technologies is a specialized engineering company with a strong focus on critical sectors:

  • Core Sectors: Clean Energy (Civil Nuclear Power, Fuel cells, Hydel), Space, and Defense
  • Manufacturing Capacity: Nine strategically located manufacturing units, including an export-oriented unit in Hyderabad, Telangana
  • Industry Experience: Over four decades of relationships with leading Indian organizations and global OEMs

This order win reinforces MTAR Technologies' position as a key player in the civil nuclear power sector and underscores the company's ability to secure high-value contracts in strategic industries. As India continues to invest in its nuclear power capabilities, MTAR Technologies appears well-positioned to capitalize on the growing opportunities in this sector.

Investors and industry observers will likely keep a close watch on MTAR Technologies' execution of this order and any future announcements regarding the balance orders from the Kaiga 5&6 reactors project.

Historical Stock Returns for MTAR Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.39%+2.14%-9.53%+40.68%+46.35%+119.69%
MTAR Technologies
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