MTAR Posts Robust FY26 Results With Rs 8,762 Million Revenue

14 May 2026 CW Team

MTAR Technologies Ltd reported audited consolidated results for the fiscal year ended March 31, 2026, with full year revenue of Rs 8,762 million (mn), up 29.6 per cent year on year, and EBITDA of Rs 1,712 mn, up 41.7 per cent. Profit before tax for the year was Rs 1,261 mn, a rise of 75.1 per cent, while profit after tax reached Rs 940 mn, an increase of 76.2 per cent. The company said it recorded the highest ever inflow of orders during the period and reported robust execution across business verticals.

For the fourth quarter, revenue stood at Rs 3,061 mn, a rise of 67.2 per cent year on year, and EBITDA was Rs 618 mn, an increase of 80.9 per cent. Profit before tax for the quarter was Rs 595 mn, up 219.4 per cent, and profit after tax was Rs 443 mn, up 222.3 per cent. Management linked the quarterly gains to higher production volumes and an improved product mix.

On a sequential basis, fourth quarter revenue increased 10.1 per cent from Rs 2,780 mn in the third quarter, while EBITDA decreased three point five per cent from Rs 640 mn. Profit before tax rose by 29.1 per cent to Rs 595 mn and profit after tax climbed 27.7 per cent to Rs 443 mn, outcomes that were attributed to higher operating leverage as capacities were utilised further.

The managing director described the year as exceptional and set out a continued focus on high growth sectors such as civil nuclear power, fuel cells and aerospace and defence. Management indicated expectations of further order inflows in the next fiscal year and anticipated sequential margin improvement driven by scale benefits and a shift towards volume based production.

MTAR operates nine strategically located manufacturing units, including an export oriented facility in Hyderabad, and serves clean energy, aerospace and defence customers. The company noted long standing relationships spanning four decades with major Indian organisations and global original equipment manufacturers.

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