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Latest news about MTAR Technologies

MTAR Technologies Reports Strong Order Book Growth, Expects Revenue Surge in H2 FY26 4 days ago

MTAR Technologies closed Q2 FY26 with an order book of INR 1,296.00 crores, up from INR 930.00 crores at Q1 end. The company received additional orders worth INR 480.00 crores post-Q2. Revenue growth guidance for FY26 increased from 25% to 30-35%, with expectations to double sales in H2 compared to H1. MTAR anticipates closing FY26 with an order book of approximately INR 2,800.00 crores. The company plans significant capacity expansions, including increasing hot box division capacity from 8,000 to over 12,000 units by March 2026. Total planned capex is around INR 150.00 crores over the current and next financial year. MTAR aims to improve working capital management, targeting to reduce working capital days to around 220 by FY26 end.

MTAR Technologies Secures ₹271.75 Crore Orders from International Client 6 days ago

MTAR Technologies Reports Strong Order Book of ₹1,296.6 Crore, Secures ₹497.7 Crore in New Orders for Q2 FY26 Nov 06, 2025

MTAR Technologies Reports Q2 Results, Approves Subsidiary Merger Scheme Nov 05, 2025

MTAR Technologies Secures ₹27.17 Crore Order from International Client Oct 31, 2025

More news about MTAR Technologies

30Oct 25

MTAR Technologies Secures ₹263.54 Crore International Order, Boosting Future Revenue

MTAR Technologies has secured orders worth ₹263.54 crores (approximately USD 29.95 million) from an international client. The order delivery is scheduled from Q3 FY26 to Q2 FY27, representing a continuation of regular business from an existing customer. The order execution is spread across four quarters, with amounts ranging from USD 4.97 million to USD 10.29 million per quarter. MTAR Technologies has confirmed that the order does not involve related party transactions and the promoter group has no interest in the awarding entity. Additionally, the company has scheduled a board meeting for November 5, 2025, to consider Q2 FY26 financial results and discuss a scheme of arrangement.

15Oct 25

MTAR Technologies Secures Rs. 67.16 Crore Orders from International Customer

MTAR Technologies Limited has received new orders worth Rs. 67.16 crores (USD 7.6 million) from an existing international customer. The order execution deadline is set for June 2026 and is part of the company's regular business operations. MTAR confirmed that this is not a related party transaction and the promoter group has no interest in the awarding entity. The company has maintained confidentiality regarding the customer's identity due to contractual obligations.

14Oct 25

MTAR Tech Shares Soar 12.5% on Key Client's $5 Billion Investment Boost

MTAR Technologies' stock reached a 52-week high of ₹2,125, rising 12.5% following a $5 billion investment in its major client, Bloom Energy, by Brookfield. The investment is for developing fuel cells for AI data centers. MTAR, a key supplier to Bloom Energy, provides power units, sheet metal assemblies, and enclosures for fuel cell programs. The clean energy fuel cell segment contributes 62% to MTAR's revenue. The stock has gained 25.2% in the past month and 52.9% year-to-date. Trading volume surged to 23.4 lakh shares, significantly above the 20-day average. ICRA Limited recently reaffirmed MTAR's credit ratings, indicating a stable financial position.

13Oct 25

MTAR Tech and Adani Defence Join Forces for AMCA Development Contract Bid

MTAR Technologies Limited has formed a strategic partnership with Adani Defence to compete for the Advanced Medium Combat Aircraft (AMCA) development contract. This collaboration aims to strengthen their bid by combining resources and expertise. The partnership highlights a collaborative approach in India's defense sector, potentially impacting the dynamics of indigenous defense production. While specific roles within the alliance remain undisclosed, the move is seen as strategically significant for both companies and India's defense aviation ambitions.

11Sept 25

MTAR Tech Continues Discussions on Kyga 5&6 Pressurized Heavy Water Reactors Project

MTAR Technologies, a precision engineering solutions company, is actively engaged in discussions regarding the Kyga 5&6 Pressurized Heavy Water Reactors project. This project is crucial for nuclear power generation, using natural uranium as fuel and heavy water as coolant and moderator. MTAR's involvement highlights its expertise in the nuclear sector and potential contribution to India's nuclear energy capabilities. The project could significantly impact MTAR's business growth and technological advancement while contributing to India's clean energy expansion efforts.

10Sept 25

MTAR Technologies Secures Rs. 386 Crore Orders from Bloom Energy, Strengthening Clean Energy Portfolio

MTAR Technologies Limited has received new orders worth Rs. 386.06 crore (USD 43.87 million) from Bloom Energy Corporation for its clean energy business, specifically in fuel cell technology. The orders will be executed in two phases, with Rs. 204.86 crore to be completed by March 2026 and Rs. 181.20 crore by June 2026. Managing Director Parvat Srinivas Reddy emphasized the company's strengthening presence in the Clean Energy – Fuel Cells segment and expressed optimism about future orders in this sector.

05Sept 25

MTAR Technologies to Hold 26th AGM, Proposes Key Appointments and Remuneration Changes

MTAR Technologies Limited has scheduled its 26th Annual General Meeting for September 18, 2025, via video conferencing. Key agenda items include re-appointment of statutory auditors, director re-appointments, continuation of an independent director beyond 75 years, re-appointment of whole-time directors with proposed remuneration packages, ratification of cost auditor remuneration, and appointment of secretarial auditors. The company has proposed annual salaries of Rs. 96.00 lakh for Mr. Akepati Praveen Kumar Reddy and Rs. 144.00 lakh for Mr. Anushman Reddy, both with 30% variable pay. The AGM will be held virtually with remote e-voting available from September 15 to 17, 2025.

13Aug 25

MTAR Technologies Reports 22% Revenue Growth in Q1, Expects INR 1,000 Crore Nuclear Orders

MTAR Technologies Limited reported robust Q1 FY24 results with revenue up 22.1% to INR 156.60 crores, EBITDA up 70.9% to INR 28.40 crores, and PAT up 144.2% to INR 10.80 crores year-on-year. Clean Energy segment contributed INR 105.00 crores, Aerospace and Defence INR 25.00 crores, and Civil Nuclear INR 5.40 crores. The company maintains 25% revenue growth guidance and expects INR 1,000.00 crores in orders from the nuclear division in 3-6 months. MTAR entered a long-term agreement with Weatherford for the oil and gas sector and aims to reduce working capital days to 200 by year-end.

09Aug 25

MTAR Technologies Eyes 21% EBITDA Margin, Strong Order Book Growth by FY26

MTAR Technologies aims for 21% EBITDA margin and 25% revenue growth by FY26. The company projects its order book to reach Rs 1,500-2,000 crore by fiscal year-end, up from Rs 930 crore. Plans include executing Rs 800 crore worth of orders this year and securing over Rs 1,000 crore in new nuclear business orders within 3-6 months. MTAR is expanding capacity in oil and gas while maintaining focus on aerospace and defence segments.

05Aug 25

MTAR Technologies Reports Strong Q1 Performance with 22% Revenue Growth and 144% PAT Surge

MTAR Technologies announced robust Q1 financial results with consolidated revenue up 22.1% YoY to Rs 156.60 crores and PAT surging 144.2% to Rs 10.80 crores. EBITDA grew 70.9% to Rs 28.40 crores, with margins expanding from 12.9% to 18.1%. The company's order book stood at Rs 930.20 crores, with new orders worth Rs 105.30 crores secured during the quarter. MTAR has commenced batch production for aerospace clients and entered long-term agreements with IAI and Weatherford. The company expects stronger execution in H2 FY24 and anticipates increased order inflows in key sectors.

05Aug 25

MTAR Technologies Announces Key Board Reappointments and Q1 Financial Results

MTAR Technologies Limited reported impressive Q1 FY26 results with revenue growth of 22.11% YoY to Rs. 1,565.84 crore and net profit surge of 147.17% YoY to Rs. 112.29 crore. The company announced several board reappointments, including the reappointment of statutory auditors and key directors. MTAR also approved the merger of its wholly-owned subsidiaries and scheduled its AGM for September 18, 2025.

05Aug 25

MTAR Tech Reports Stellar Q1 Performance with 147% Surge in Net Profit

MTAR Technologies Limited reported impressive Q1 financial results with net profit surging 147% to ₹112.29 crore. Revenue grew 22% to ₹156.58 crore, while EBITDA increased 72% to ₹28.40 crore. The company's board approved merging wholly-owned subsidiaries Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited into MTAR Technologies Limited. Reappointments of key personnel and statutory auditors were also recommended.

19Jun 25

MTAR Technologies Secures 10-Year Contract with Weatherford Products GmbH

MTAR Technologies has signed a 10-year contract with Weatherford Products GmbH for Whipstock assemblies and other critical products. The deal is expected to generate ₹10 crore in FY26 and ₹90 crore annually from FY27 onwards. MTAR plans to set up a new facility in Adibatla by June 2026 to support this contract. The company also reported a 16.40% revenue growth to ₹676 crore and a 7.20% increase in EBITDA to ₹120.90 crore, although EBITDA margins declined to 17.90%.

09Jun 25

MTAR Technologies Secures ₹19.2 Crore in New Orders, Reports Strong Q4 Performance

MTAR Technologies has received three new orders totaling ₹19.20 crores from existing customers in clean energy and aerospace sectors. The largest order, worth ₹13.84 crore, is from Bloom Energy Corporation. The company also reported a 28% revenue growth and tripled net profit in Q4, despite falling short of full-year guidance.

23May 25

MTAR Technologies Projects Strong Growth and Margin Expansion for FY26

MTAR Technologies, a precision engineering solutions provider, has announced ambitious financial projections for FY26. The company expects 25% revenue growth, up from 17% in FY25, and an EBITDA margin of 21%, improving from 17.9% in FY25. These projections indicate strong anticipated demand and operational efficiencies.

23May 25

MTAR Tech Reports Impressive Q4 Net Profit Growth

MTAR Technologies, a precision engineering solutions company, announced impressive Q4 results. Revenue increased to ₹1,800.00 million, up 28.57% year-over-year. Net profit surged to ₹141.00 million, a 178.22% increase from the previous year. However, net profit showed a 13.50% quarter-on-quarter decrease from ₹163.00 million in Q3.

22May 25

MTAR Technologies: Q4 Results Show Growth but Fall Short of FY Guidance

MTAR Technologies reported full-year revenue of ₹676.00 crore, missing its ₹725.00 crore guidance, with EBITDA margins declining to 17.90%. However, Q4 showed significant growth with revenue up 28.57% to ₹1,800.00 crore, net profit nearly tripling to ₹141.00 crore, and EBITDA margin expanding to 18.68%. The order book stood at ₹979.40 crore, below the ₹1,500.00 crore guidance. Despite annual shortfalls, the company expects margin improvements as prototype orders scale up.

14May 25

MTAR Technologies Secures ₹34.00 Crore in Clean Energy and Aerospace Orders

MTAR Technologies has received new orders totaling ₹34 crore, with ₹21 crore from Bloom Energy Corporation in clean energy and ₹13 crore from Rafael Advanced Defense Systems in aerospace. The orders are to be completed by September 2024 and March 2026, respectively. This development follows MTAR's strong Q3 FY24 performance, where net profit increased by 52.90% and revenue rose by 47.30% year-over-year.

21Feb 25

MTAR Technologies Promoter Boosts Stake with 1.05 Lakh Share Purchase

A promoter of MTAR Technologies, a precision engineering solutions company, has purchased 1.05 lakh shares through the open market on February 20. This insider buying activity in the nuclear, space, and defense sector supplier has drawn market attention, potentially signaling confidence in the company's future prospects.