MTAR Technologies Ltd

The company expects to execute around Rs 10 crore in FY 26 and around Rs 90 crore YoY starting from FY 27. The company plans to execute these orders in a new facility at Adibatla that shall be operational by June 2026. Under the agreement, MTAR expects to execute orders worth approximately Rs 10 crore in FY26, with annual order execution rising to around Rs 90 crore from FY27 onwards. To support the scale of operations under this contract, the company is setting up a dedicated facility at Adibatla, Hyderabad. The new plant is expected to be operational by June 2026. Parvat Srinivas Reddy, managing director & promoter of MTAR Technologies, said, 'This milestone reflects our commitment to expand our product base and enhance our customer portfolio across diverse sectors. We are in discussions with several other customers to enter into long-term agreements for various products that shall accelerate our growth momentum. Our expanding product portfolio underscores our dedication to innovation, quality and excellence in service.' MTAR Technologies is a leading manufacturer engaged in the manufacturing and development of mission-critical precision-engineered systems catering to clean energy'civil nuclear power, fuel cells, hydel & others, space, and defense sectors. The company has a long-standing relationship of over four decades with leading Indian organizations and global OEMs. It has seven strategically based manufacturing units, including an export-oriented unit, each based in Hyderabad, Telangana. The company reported a 181.72% year-on-year (YoY) surge in consolidated net profit to Rs 13.72 crore for the quarter ended March 2025 (Q4 FY25), compared to Rs 4.87 crore in the corresponding quarter last year. The sharp rise in profit was supported by a 26.57% increase in revenue from operations, which stood at Rs 179.24 crore. The scrip declined 1.55% to Rs 1,665.55 on the BSE. Powered by Capital Market - Live

MTAR Technologies has received Rs. 19.2 crore for various products in Clean Energy and Aerospace sectors. This includes orders worth Rs. 17.8 crore in Clean Energy and Rs. 1.4 crore in Aerospace. Nearly 4.7 crore of orders are for the development of new products in Clean Energy and successful execution of first articles is estimated to generate a recurring revenue of Rs. 10 crore annually. Powered by Capital Market - Live

The sharp rise in profit was supported by a 26.57% increase in revenue from operations, which stood at Rs 179.24 crore. Profit before tax surged 158.97% YoY to Rs 18.62 crore in Q4 FY25. EBITDA came in at Rs 34.2 crore, up 87.5% from Rs 18.2 crore in Q4 FY24. Despite the rise, the EBITDA margin contracted slightly to 18.7% from 12.7% in the previous year. The company's order book stood at a robust Rs 979.4 crore as of 31 March 2025, signaling healthy demand visibility. On a full-year basis, the company's net profit fell 5.74% to Rs 52.89 crore on a 15.95% rise in revenue to Rs 664.65 crore in FY25 over FY24. Parvat Srinivas Reddy, managing director & promoter, MTAR Technologies, said, 'We have maintained a healthy growth trajectory in FY 25 by registering 16% growth in revenue YoY. Nearly Rs 200 crore of revenue is generated from new products added over the past couple of years, underscoring the trust of our customers and technological leadership. There shall be a sequential improvement in EBITDA margins over the coming quarters as we scale up the production of first article orders across various sectors.' MTAR Technologies is a leading manufacturer engaged in the manufacturing and development of mission-critical precision-engineered systems catering to clean energy'civil nuclear power, fuel cells, hydel & others, space, and defense sectors. The company has a long-standing relationship of over four decades with leading Indian organizations and global OEMs. It has seven strategically based manufacturing units, including an export-oriented unit, each based in Hyderabad, Telangana. Shares of MTAR Technologies shed 0.14% to Rs 1,661.40 on the BSE.Powered by Capital Market - Live

Net profit of MTAR Technologies rose 181.72% to Rs 13.72 crore in the quarter ended March 2025 as against Rs 4.87 crore during the previous quarter ended March 2024. Sales rose 26.57% to Rs 179.24 crore in the quarter ended March 2025 as against Rs 141.61 crore during the previous quarter ended March 2024. For the full year,net profit declined 5.74% to Rs 52.89 crore in the year ended March 2025 as against Rs 56.11 crore during the previous year ended March 2024. Sales rose 15.95% to Rs 664.65 crore in the year ended March 2025 as against Rs 573.24 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales179.24141.61 27 664.65573.24 16 OPM %19.0512.87 -18.1819.66 - PBDT28.2413.10 116 103.8196.20 8 PBT18.627.19 159 71.5773.04 -2 NP13.724.87 182 52.8956.11 -6 Powered by Capital Market - Live

MTAR Technologies will hold a meeting of the Board of Directors of the Company on 22 May 2025.Powered by Capital Market - Live

MTAR Technologies has received Rs. 34 crore worth of orders for manufacturing and supply of various precision engineered products in Clean Energy and Aerospace sectors that have to be executed by end of FY 26. 'We are looking forward to securing volume orders in Aerospace and Clean Energy as we have executed first articles for new products in these sectors, reflecting company's commitment to innovation, excellence and timely delivery. In addition, we are working with various customers to enter into long term contracts for the supply of critical products', said Parvat Srinivas Reddy, Managing Director & Promoter, MTAR Technologies. Powered by Capital Market - Live

Net profit of MTAR Technologies rose 52.73% to Rs 15.96 crore in the quarter ended December 2024 as against Rs 10.45 crore during the previous quarter ended December 2023. Sales rose 45.57% to Rs 172.32 crore in the quarter ended December 2024 as against Rs 118.38 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales172.32118.38 46 OPM %19.3020.15 - PBDT30.1318.74 61 PBT21.4312.89 66 NP15.9610.45 53 Powered by Capital Market - Live

MTAR Technologies has secured orders worth Rs. 200 crore in Clean Energy - Fuel Cells, Civil Nuclear Power, MNC Aerospace and Space verticals. Out of the above orders Rs. 157.4 crore of orders are from Bloom Energy in Clean Energy - Fuel cells division, Rs. 2.7 crore of orders are for first articles from Fluence in Clean Energy - Energy Storage systems, Rs. 22.0 crore of orders are from Clean Energy - Civil Nuclear Power and Rs. 17.9 crore orders are from Space including orders from ISRO and MNC Aerospace customers. Majority of the orders will get executed by end of FY 26. Powered by Capital Market - Live

MTAR Technologies will hold a meeting of the Board of Directors of the Company on 10 February 2025.Powered by Capital Market - Live

This includes Rs 191 crore of orders for various products from Bloom Energy in clean energy sector and Rs 35 crore of orders from reputed customers in aerospace including Rafael, IMI Systems, and IAI. The order value reflects the company's increasing market share in Clean Energy and Aerospace sectors,' MTAR Tech said in a statement. Furthermore, the company expects that orders worth Rs 225 crore would be executed within one year and balance orders shall be executed by April 2026. Parvat Srinivas Reddy, managing director & promoter, MTAR Technologies, said: We are optimistic about growth in clean energy and aerospace verticals. The company is expecting significant orders in both the segments going forward.' MTAR Technologies is a leading manufacturer engaged in manufacturing and development of mission critical precision engineered systems catering to clean energy ' civil nuclear power, fuel cells, hydel & others, space, and defence sectors. The company has a long-standing relationship of over four decades with leading Indian organisations and global OEMs. It has seven strategically based manufacturing units including an export-oriented unit each based in Hyderabad, Telangana. Powered by Capital Market - Live