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Mtar Technologies share price & results

Mtar Technologies Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Hyderabad firm making mission-critical hardware for nuclear power, space, defence, fuel cells.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue361 ₹ crore+129.9% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin24.0 %+6.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit50.0 ₹ crore+354.5% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity17.53 %+5.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin7.31 %+7.0 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)53.55 %+13.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

4 of 9 judged targets kept · 13 open · verdicts reflect calls analysed to Q1 FY27.

Mtar Technologies Limited management guidance track record on Inve: 22 targets tracked across analysed earnings calls (4 achieved, 5 missed, 13 open).

TargetOriginal wordingSaidLatest callVerdict
FY26 Revenue Growth30% revenue growth in FY '26
Call transcript, Q3 FY25 · 11 Feb 2025		Q3 FY25Q1 FY27:Promise concluded in FY26. Status remains achieved.
Call transcript, Q1 FY27 · 30 Jul 2026		Achieved
FY26 EBITDA Marginstarting with 24% for next year FY '26
Call transcript, Q3 FY25 · 11 Feb 2025		Q3 FY25Q1 FY27:Promise concluded in FY26. Status remains missed.
Call transcript, Q1 FY27 · 30 Jul 2026		Missed
Hotbox Capacityby March of next year [FY27] to go up to 20,000 units capacity
Call transcript, Q2 FY26 · 6 Nov 2025		Q2 FY26Q1 FY27:Reiterated that the multifold capacity expansion (Phase 3), which corresponds to this target, will be completed by March 2027.
Call transcript, Q1 FY27 · 30 Jul 2026		On Track

Source: Inve Guidance Tracker for Mtar Technologies Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

5 of Mtar Technologies Limited's 22 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 19 more targets are in the full ledger.

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Price

₹6,582.5 +1.90% · +₹122.5

Last close 26 Oct 2026 · NSE · INR · Source: Inve

Performance +190.9% 1Y

₹2.0k₹4.0k₹6.0k₹8.0kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 6 Nov 2025Q3 FY26 — 5 Feb 2026Q4 FY26 — 13 May 2026Q1 FY27 — 30 Jul 2026

1Y: ₹2,262.9 on 24 Oct 2025 → ₹6,582.5. High ₹8,374.5 (19 Jun 2026), low ₹2,233.8 (27 Oct 2025).

Previous close
₹6,460
Market cap
₹20.3k Cr
52-week range
₹2,233.8 – ₹8,374.5
One year
+194.68%
Price to earnings (TTM to Jun 2026)
149.04×
Return on equity (TTM to Jun 2026)
17.53%

Overview

Symbol
NSE:MTARTECH
Industry
Industrials
Exchange
NSE
Currency
INR

What Mtar Technologies Limited does

Based on the company's own presentations, annual report and earnings calls.

MTAR Technologies designs and manufactures complex, precision-engineered mission-critical assemblies and sub-systems across Clean Energy (Civil Nuclear Power, Fuel Cells, Hydro and Wind), Aerospace & Defence, and newly-entered Oil & Gas and Battery Storage lines. It supplies fuel-handling equipment for the core of nuclear reactors to NPCIL, liquid-propulsion and cryogenic engine sub-systems to ISRO, and gearboxes, actuators and aerostructures to DRDO, HAL and global aerospace majors such as IAI, GKN Aerospace, Thales, Rafael and Elbit Systems. In Clean Energy, it makes SOFC and hydrogen power units and enclosures for fuel-cell leader Bloom Energy, plus structures for hydro and wind power. It operates nine advanced in-house manufacturing units spanning machining, fabrication, assembly, heat treatment and surface treatment, covering the full product lifecycle from design to delivery.

Segments

  • Clean Energy – Civil Nuclear Power
  • Clean Energy – Fuel Cells, Hydel & Others
  • Aerospace & Defence
  • Products & Others
Manufacturing units
9
Dedicated Aerospace facility
Fully operational since January 2025, serving MNCs including IAI, GKN Aerospace and Thales
Business verticals
Clean Energy (Civil Nuclear Power, Fuel Cells, Hydro & Wind), Aerospace & Defence, Oil & Gas, Battery Storage, Products & Others
Key global customers
Bloom Energy, IAI, Rafael, Elbit Systems, Thales, GKN Aerospace, GE Hydro
Key domestic institutional customers
NPCIL, ISRO, DRDO, HAL
Product scale range
Precision structures from a few grams to hundreds of tonnes, from integrated systems to specialised fabricated structures
Founded 1969Headquarters Hyderabad, Telangana, IndiaEmployees 3,210 (March 31, 2025 (FY25, in) Company website

How the price took the results

close before → close after

Q1 FY27
+5.0%
30 Jul
Q4 FY26
+8.2%
13 May
Q3 FY26
−3.2%
5 Feb
Q2 FY26
−6.0%
6 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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