The company expects to execute around ₹10 crore in FY26 and around ₹90 crore YoY starting from FY27. The company plans to execute these orders in a new facility at Adibatla that shall be operational by June 2026.
“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,” said Parvat Srinivas Reddy, Managing Director & Promoter, MTAR Technologies Limited.
For the full year, the company’s revenue grew by 16.4% from last year to ₹676 crore. This figure is below the company’s guidance of ₹725 crore.
Its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 7.2% from last year to ₹120.9 crore, while margins fell 150 basis points to 17.9% from 19.4% at the end of financial year 2024. The margin number was also below the company’s guidance of 21%.
MTAR Tech is hopeful of a sequential improvement in margins over the coming quarters as production of the first articles (prototype) order scales up.
For the March quarter, MTAR Tech’s revenue grew by 28%, EBITDA nearly doubled, margins expanded by 600 basis points, while the net profit nearly tripled from the same quarter last year. 80% of the company’s revenue came from the export market.
The company has also commenced batch production of new products for GKN Aerospace, Rafael, Elbit Systems and Thales, which will be the key drivers of topline for the Aerospace business in financial year 2026, MTAR Tech said in a statement.
Shares of MTAR Technologies Ltd. are trading 0.92% lower on Thursday at ₹1,677.30.
First Published: Jun 19, 2025 12:44 PM IST
