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MTAR Technologies Limited has secured orders exceeding Rs. 200 Cr across various sectors, including Clean Energy and Aerospace. Key highlights include orders worth approximately Rs. 157.4 Cr from Bloom Energy in the Fuel Cells segment, Rs. 2.7 Cr for first articles from Fluence, Rs. 22 Cr in Civil Nuclear Power, and Rs. 17.9 Cr related to Space, including agreements with ISRO. Most of these orders are expected to be executed by the end of FY26.
The company is actively pursuing volume orders for new products from both existing and new customers in its Clean Energy and Space verticals, following the completion of initial articles in recent years. Ongoing discussions with reputed clients are set to strengthen the order book in forthcoming quarters. A positive outlook is anticipated, alongside expectations for substantial orders in the Civil Nuclear Power sector by the end of FY25, suggesting significant growth potential in the coming periods.