| Revenue growth | 29.6% YoY in FY26 |
|---|---|
| Margins | EBITDA margin at 19.5% in FY26 vs 17.9% in FY25. |
| Order book | ₹2581.9 Cr as of 31 Mar 2026; 51.2% in Fuel Cells. |
| Demand visibility | Strong order book of ₹2581.9 Cr provides multi-year visibility. |
Growth
FY26 Revenue grew 29.6% YoY to ₹876.2 Cr; PAT increased 76.2% YoY to ₹94.0 Cr.
Outlook
New Oil & Gas facility commissioning by Sept '26; expanding clean energy capacities in a phased manner.
Risks
High working capital days (172 days) and increased debt-to-equity ratio (0.45x) due to expansion.
Earnings Call filed with BSE, NSE: MTARTECH. Summary written with AI assistance from the document.
MTAR Technologies Ltd: key numbers
- Share price
- ₹5,887.50
- Market cap
- ₹18,110 Cr
- Revenue (annual)
- ₹876.1 Cr
- Net profit (annual)
- ₹95.32 Cr
- P/E (TTM)
- 95.4×Sector 51.9×
- Promoter holding
- 29.23%-0.13% QoQ
- FII holding
- 20.87%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from MTAR Technologies Ltd
All →MTAR Technologies Earnings Call Transcript: Key Takeaways
Management reports record quarterly revenue and EBITDA, driven by a significant execution ramp-up. Aggressive expansion in fuel cells and clean energy segments underpins a very optimistic outlook despite high working capital needs.
- Call
- Guides 80% growth
MTAR Technologies Investor Presentation: Key Takeaways
Q2FY27 revenue Rs406.8 Cr (+200% YoY), PAT Rs59.8 Cr vs Rs4.2 Cr; H1 revenue Rs767.5 Cr, EBITDA margin 24.0%. Order book Rs5,976.5 Cr; expansion in aerospace, civil nuclear and data centres.
- Call
- Guides 80% growth
MTAR Technologies Results Update
MTAR Technologies reported record Q2 FY27 revenue of Rs.406.8 Crore, up 200% YoY, with PAT of Rs.59.8 Crore. The press release is an investor update on the unaudited quarterly results.
MTAR Technologies Q2 FY27 Results: Net Profit ₹59.8 Cr, Up 1323.8% YoY
MTAR Technologies reported unaudited results for the quarter and half year ended September 30, 2026. Results include restated figures following the NCLT-approved merger of two subsidiaries.
- Key figure
- Net profit ₹59.8 Cr · +1323.8% YoY
MTAR Technologies Acquisition
NCLT Hyderabad sanctioned the amalgamation of two wholly owned subsidiaries into MTAR Technologies. The order is dated October 28, 2026, with the certified copy to follow.
MTAR Technologies Capital Structure Change
Motilal Oswal Mutual Fund schemes bought 50,264 MTAR Technologies shares in open market, raising their stake to 5.08%. This crosses the SAST Reg 29(1) reporting threshold.