| EBITDA Margin: guided vs achieved | 24.40% achieved Guided 23.00%–25.00%, -2.4% above the top of the range |
|---|---|
| Management target | Revenue 80.0% FY27 |
| Revenue growth | Q2 +200%; H1 +162.7% YoY |
|---|---|
| Margins | Q2 EBITDA 24.4% vs 12.5%; gross margin 46.8% vs 51.2% |
| Order book | Rs5,976.5 Cr at 30 Sep 2026; Q2 inflow Rs1,207.2 Cr |
| Demand visibility | Order book Rs5,976.5 Cr; Clean Energy Rs4,075.5 Cr |
| Management confidence | MD reiterated FY27 80% growth guidance |
Growth
Q2 revenue up 200% YoY to Rs406.8 Cr; H1 up 162.7% to Rs767.5 Cr. Q2 EBITDA Rs99.2 Cr (+483%); Q2 PAT Rs59.8 Cr (+1309%).
Outlook
FY27 guidance: 80% revenue growth, 24% EBITDA margin ±100 bps. Greenfield facility due Nov 2026; fuel-cell Phase 3 capacity by Mar 2027.
Risks
Working-capital days rose (Q2 inventory 162 days); borrowings up to about Rs466 Cr; Q2 gross margin fell to 46.8% from 51.2%.
Investor Presentation filed with BSE, NSE: MTARTECH. Summary written with AI assistance from the document.
MTAR Technologies Ltd: key numbers
- Share price
- ₹7,158.50
- Market cap
- ₹22,019 Cr
- Revenue (annual)
- ₹876.1 Cr
- Net profit (annual)
- ₹95.32 Cr
- P/E (TTM)
- 116.0×Sector 52.8×
- 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 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.
MTAR Technologies Board Meeting Date
MTAR Technologies will hold a board meeting on 29 October 2026 to consider unaudited standalone and consolidated financial results. Trading window stays closed from 1 October 2026.
MTAR Technologies Share Pledge
Promoter Kavitha Reddy Gangapatnam pledged 32,000 equity shares of MTAR Technologies Limited with 360 One Distribution Services Limited on 17th September, 2026.