Mtar Technologies Limited — Investor Meet, 13-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

MTAR Technologies' Q2 FY'26 saw revenue of INR 135.6 Cr, EBITDA of INR 17 Cr, and PAT of INR 4.2 Cr, a temporary dip due to H2 inventory build. Management boosted FY'26 revenue growth guidance to 30-35%, expecting H2 sales to double H1, maintaining ~21% annual EBITDA.

The order book stood at INR 1,703 Cr (Nov 5), projecting INR 2,800 Cr by FY'26 end. Significant nuclear orders, including INR 500 Cr for Kaiga 5 & 6, are anticipated this fiscal. Clean energy hotbox capacity expands to 12,000 units by March, aiming for 20,000 by March FY'27. Over INR 150 Cr capex is planned, supporting diversified growth. Management expressed strong confidence.