MTAR Technologies Secures 10-Year Contract with Weatherford Products GmbH 3 days ago
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%.
MTAR Technologies Secures ₹19.2 Crore in New Orders, Reports Strong Q4 Performance Jun 09, 2025
MTAR Technologies Projects Strong Growth and Margin Expansion for FY26 May 23, 2025
MTAR Tech Reports Impressive Q4 Net Profit Growth May 23, 2025
MTAR Technologies: Q4 Results Show Growth but Fall Short of FY Guidance May 22, 2025
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.