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MTAR develops and manufactures components and equipment for the defense, aerospace, nuclear and clean energy sectors. The company was incorporated in 1970 by the promoters, Mr PR Reddy, Mr KSN Reddy and Mr PJ Reddy, to cater to the technical and engineering needs of the Indian government in the post embargo regime. MTAR has manufacturing footprints in Hyderabad with seven units spread across a 4 km radius and a…
MTAR Technologies will close its Register of Members and Share transfer books for its AGM.
MTAR Technologies is focusing on sustainability, with over 70% of revenue from climate-positive products in FY26. The company is also enhancing employee development and local sourcing, with over 40% of raw materials sourced domestically.
MTAR Technologies reported record Q1 FY27 results. Revenue surged 130.4% YoY to Rs. 360.7 Cr, while PAT jumped 364.5% to Rs. 50.2 Cr. Management sees an "inflection point" with strong growth ahead for key business verticals.
MTAR reported robust Q4FY26 results: Revenue at Rs. 306.1 Cr (+67.2% YoY) and PAT at Rs. 44.3 Cr (+222.3% YoY). FY26 revenue hit Rs. 876.2 Cr (+29.6% YoY). The company achieved its highest-ever order inflow, anticipating strong future orders and sequential margin improvement from operating leverage.
MTAR Tech's Board approved shareholder resolutions via postal ballot to increase borrowing limits, enable asset-backed financing, and allow up to 1% net profit commission for Independent Directors. These moves aim to boost the company's financial flexibility.