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MTARTECH

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MTAR TECHNOLOGIES LIMITED performance

Today’s low

Today’s high

₹ 1405.00 ₹ 1492.00
₹ 1421.30

52 week low

52 week high

₹ 1155.60 ₹ 2200.00
₹ 1421.30

Open Price

₹ 1481.00

Prev. Close

₹ 1469.90

Volume (Shares)

133108.00

Total traded value

₹ 1891.86

Upper Circuit

₹ 1763.80

Lower Circuit

₹ 1176.00

info

MTAR TECHNOLOGIES LIMITED Share Price Update

As of the latest trading session, MTAR TECHNOLOGIES LIMITED share price is currently at ₹ 1421.3, which is down by ₹ -48.59 from its previous closing. Today, the stock has fluctuated between ₹ 1405.00 and ₹ 1492.00. Over the past year, MTAR TECHNOLOGIES LIMITED has achieved a return of -24.64 %. In the last month alone, the return has been 5.73 %. Read More...

MTAR TECHNOLOGIES LIMITED fundamentals


  • Market cap (Cr)

    4,371.86

  • P/E Ratio (TTM)

    97.95

  • Beta

    0.92

  • Book Value / share

    227.73

  • Return on equity

    8.67%

  • EPS (TTM)

    14.54

  • Dividend yield

    0.00%

  • Net profit/quarter (Cr)

    16.33

info icon alternate text
  • Market cap (Cr)

    4,380.93

  • P/E Ratio (TTM)

    97.95

  • Beta

    0.84

  • Book Value / share

    227.73

  • Return on equity

    8.67%

  • EPS (TTM)

    14.54

  • Dividend yield

    0.00%

  • Net profit/quarter (Cr)

    16.33

info icon alternate text

MTAR TECHNOLOGIES LIMITED Financials

  • Key Results

  • Key Ratios

  • Balance sheet

  • Cash Flow

  • Competition

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Revenue

Net income

Particulars DEC 2024 (Values in Cr)
Revenue 170.79
Operating Expense 155.94
Net Profit 16.33
Net Profit Margin (%) 9.56
Earnings Per Share (EPS) 5.31
EBITDA 36.67
Effective Tax Rate (%) 25.12
Particulars SEP 2024 (Values in Cr)
Revenue 187.10
Operating Expense 166.44
Net Profit 18.78
Net Profit Margin (%) 10.03
Earnings Per Share (EPS) 6.11
EBITDA 38.17
Effective Tax Rate (%) 25.85
Particulars JUN 2024 (Values in Cr)
Revenue 125.97
Operating Expense 122.58
Net Profit 4.54
Net Profit Margin (%) 3.60
Earnings Per Share (EPS) 1.48
EBITDA 17.11
Effective Tax Rate (%) 28.27
Particulars MAR 2024 (Values in Cr)
Revenue 141.58
Operating Expense 136.09
Net Profit 5.07
Net Profit Margin (%) 3.58
Earnings Per Share (EPS) 1.65
EBITDA 18.71
Effective Tax Rate (%) 31.57
Particulars DEC 2023 (Values in Cr)
Revenue 118.22
Operating Expense 105.78
Net Profit 10.56
Net Profit Margin (%) 8.93
Earnings Per Share (EPS) 3.43
EBITDA 24.29
Effective Tax Rate (%) 18.95
Particulars MAR 2024 (Values in Cr)
Revenue 572.52
Operating Expense 513.17
Net Profit 56.27
Net Profit Margin (%) 9.82
Earnings Per Share (EPS) 18.29
EBITDA 118.03
Effective Tax Rate (%) 23.14
Particulars MAR 2023 (Values in Cr)
Revenue 573.35
Operating Expense 452.16
Net Profit 104.08
Net Profit Margin (%) 18.15
Earnings Per Share (EPS) 33.83
EBITDA 173.66
Effective Tax Rate (%) 26.13
Particulars MAR 2022 (Values in Cr)
Revenue 322.01
Operating Expense 248.53
Net Profit 60.88
Net Profit Margin (%) 18.90
Earnings Per Share (EPS) 19.79
EBITDA 103.19
Effective Tax Rate (%) 25.96
Particulars MAR 2021 (Values in Cr)
Revenue 246.43
Operating Expense 182.90
Net Profit 46.08
Net Profit Margin (%) 18.69
Earnings Per Share (EPS) 17.00
EBITDA 84.40
Effective Tax Rate (%) 28.93
Particulars MAR 2020 (Values in Cr)
Revenue 213.77
Operating Expense 172.61
Net Profit 31.32
Net Profit Margin (%) 14.65
Earnings Per Share (EPS) 11.11
EBITDA 62.33
Effective Tax Rate (%) 31.23
Particulars MAR 2024 (Values in Cr)
Book Value / Share 219.88
ROE % 8.66
ROCE % 11.61
Total Debt to Total Equity 0.26
EBITDA Margin 20.41
Particulars MAR 2023 (Values in Cr)
Book Value / Share 201.61
ROE % 18.15
ROCE % 22.35
Total Debt to Total Equity 0.21
EBITDA Margin 30.23
Particulars MAR 2022 (Values in Cr)
Book Value / Share 168.97
ROE % 12.22
ROCE % 16.01
Total Debt to Total Equity 0.11
EBITDA Margin 32.04
Particulars MAR 2021 (Values in Cr)
Book Value / Share 154.99
ROE % 13.13
ROCE % 19.14
Total Debt to Total Equity 0.07
EBITDA Margin 34.24
Particulars MAR 2020 (Values in Cr)
Book Value / Share 84.11
ROE % 13.92
ROCE % 19.60
Total Debt to Total Equity 0.13
EBITDA Margin 29.16
Particulars MAR 2024 (Values in Cr)
Book Value / Share 220.15
ROE % 8.67
ROCE % 11.62
Total Debt to Total Equity 0.26
EBITDA Margin 20.35
Particulars MAR 2023 (Values in Cr)
Book Value / Share 201.83
ROE % 18.25
ROCE % 22.44
Total Debt to Total Equity 0.21
EBITDA Margin 30.29
Particulars MAR 2022 (Values in Cr)
Book Value / Share 168.98
ROE % 12.22
ROCE % 16.01
Total Debt to Total Equity 0.11
EBITDA Margin 32.05
Particulars MAR 2021 (Values in Cr)
Book Value / Share 155.00
ROE % 13.13
ROCE % 19.14
Total Debt to Total Equity 0.07
EBITDA Margin 34.25
Particulars MAR 2020 (Values in Cr)
Book Value / Share 84.11
ROE % 13.62
ROCE % 19.31
Total Debt to Total Equity 0.13
EBITDA Margin 29.16
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 50.83
Total Assets 1007.65
Total Liabilities 1007.65
Total Equity 676.33
Share Outstanding 30759591
Price to Book Ratio 7.65
Return on Assets (%) 5.56
Return on Capital (%) 6.47
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 31.22
Total Assets 1063.31
Total Liabilities 1063.31
Total Equity 620.13
Share Outstanding 30759591
Price to Book Ratio 7.83
Return on Assets (%) 9.72
Return on Capital (%) 13.55
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 66.93
Total Assets 727.74
Total Liabilities 727.74
Total Equity 519.73
Share Outstanding 30759591
Price to Book Ratio 10.35
Return on Assets (%) 8.36
Return on Capital (%) 9.89
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 190.91
Total Assets 586.31
Total Liabilities 586.31
Total Equity 476.74
Share Outstanding 30759591
Price to Book Ratio 6.61
Return on Assets (%) 7.85
Return on Capital (%) 9.33
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 23.25
Total Assets 346.27
Total Liabilities 346.27
Total Equity 225.07
Share Outstanding 26759591
Price to Book Ratio 0.00
Return on Assets (%) 9.04
Return on Capital (%) 12.32
Particulars MAR 2024 (Values in Cr)
Cash & Short Term Investments 50.66
Total Assets 1006.00
Total Liabilities 1006.00
Total Equity 677.16
Share Outstanding 30759591
Price to Book Ratio 7.65
Return on Assets (%) 5.59
Return on Capital (%) 6.49
Particulars MAR 2023 (Values in Cr)
Cash & Short Term Investments 30.98
Total Assets 1062.94
Total Liabilities 1062.94
Total Equity 620.81
Share Outstanding 30759591
Price to Book Ratio 7.83
Return on Assets (%) 9.79
Return on Capital (%) 13.63
Particulars MAR 2022 (Values in Cr)
Cash & Short Term Investments 66.92
Total Assets 727.76
Total Liabilities 727.76
Total Equity 519.76
Share Outstanding 30759591
Price to Book Ratio 10.35
Return on Assets (%) 8.36
Return on Capital (%) 9.89
Particulars MAR 2021 (Values in Cr)
Cash & Short Term Investments 190.90
Total Assets 586.32
Total Liabilities 586.32
Total Equity 476.75
Share Outstanding 30759591
Price to Book Ratio 6.61
Return on Assets (%) 7.85
Return on Capital (%) 9.33
Particulars MAR 2020 (Values in Cr)
Cash & Short Term Investments 23.24
Total Assets 346.27
Total Liabilities 346.27
Total Equity 225.07
Share Outstanding 26759591
Price to Book Ratio 0.00
Return on Assets (%) 9.04
Return on Capital (%) 12.32
Particulars MAR 2024 (Values in Cr)
Net Income 73.03
Cash from Operations 78.67
Cash from Investing -55.64
Cash from Financing 25.25
Net change in Cash 26.99
Free Cash Flow 172.85
Particulars MAR 2023 (Values in Cr)
Net Income 140.22
Cash from Operations 39.66
Cash from Investing -86.71
Cash from Financing 31.99
Net change in Cash -47.31
Free Cash Flow 148.03
Particulars MAR 2022 (Values in Cr)
Net Income 82.22
Cash from Operations -11.80
Cash from Investing -144.99
Cash from Financing 54.06
Net change in Cash -120.74
Free Cash Flow 79.29
Particulars MAR 2021 (Values in Cr)
Net Income 64.82
Cash from Operations 20.26
Cash from Investing -22.14
Cash from Financing 180.14
Net change in Cash 166.60
Free Cash Flow 43.09
Particulars MAR 2020 (Values in Cr)
Net Income 45.53
Cash from Operations 63.46
Cash from Investing -12.08
Cash from Financing -41.34
Net change in Cash 2.78
Free Cash Flow 75.38
Particulars MAR 2024 (Values in Cr)
Net Income 73.22
Cash from Operations 76.66
Cash from Investing -53.74
Cash from Financing 25.26
Net change in Cash 26.99
Free Cash Flow 167.01
Particulars MAR 2023 (Values in Cr)
Net Income 140.89
Cash from Operations 41.00
Cash from Investing -88.46
Cash from Financing 32.27
Net change in Cash -47.31
Free Cash Flow 147.51
Particulars MAR 2022 (Values in Cr)
Net Income 82.22
Cash from Operations -11.80
Cash from Investing -144.99
Cash from Financing 54.06
Net change in Cash -120.74
Free Cash Flow 79.29
Particulars MAR 2021 (Values in Cr)
Net Income 64.84
Cash from Operations 20.27
Cash from Investing -22.15
Cash from Financing 180.14
Net change in Cash 166.60
Free Cash Flow 43.10
Particulars MAR 2020 (Values in Cr)
Net Income 45.53
Cash from Operations 63.43
Cash from Investing -12.06
Cash from Financing -41.34
Net change in Cash 2.77
Free Cash Flow 75.32
Company Name Price P/E P/B Market Cap 52 Week Low/High
Jaykay Enterprises Limited 163.15 124.54 5.94 1907.47 65.69 / 185.00
SIKA INTERPLANT SYSTEMS LTD. 677.95 58.29 12.35 1437.31 371.18 / 787.35
BEML LIMITED 3162.20 50.31 4.87 13168.82 2346.35 / 5489.15
BHARAT ELECTRONICS LTD 313.90 45.96 12.99 229453.96 221.00 / 340.35
Company Name Price P/E P/B Market Cap 52 Week Low/High
Jaykay Enterprises Limited 163.15 97.11 6.40 1907.47 65.69 / 185.00
SIKA INTERPLANT SYSTEMS LTD. 677.95 59.78 13.06 1437.31 371.18 / 787.35
BEML LIMITED 3162.20 50.02 5.15 13168.82 2346.35 / 5489.15
BHARAT ELECTRONICS LTD 313.90 46.23 13.18 229453.96 221.00 / 340.35

MTAR TECHNOLOGIES LIMITED Technicals Summary

  • EMA & SMA
  • Resistance and Support
  • Delivery and Volume
  • Beta
  • Price Change Analysis
1421.30 -3.30 redarrow
red-green-graph indicator
7 Bearish
9 Bullish
  • 5 Days 1432.80
  • 26 Days 1382.20
  • 10 Days 1416.40
  • 50 Days 1395.80
  • 12 Days 1409.50
  • 100 Days 1468.30
  • 20 Days 1389.10
  • 200 Days 1594.20
1470.90 PIVOT

First Support

1431.80

First Resistance

1509.00

Second Support

1393.70

Second Resistance

1548.10

Third Support

1354.60

Third Resistance

1586.20

RSI

55.51

ADX

18.46

MACD

27.28

Williams % R

-34.26

Commodity Channel Index (CCI)

79.17

Date

2025-04-30

Week

56850.00

Same Day

55834.00

Month

43576.00

1 Year

0.93

3 Year

0.90

Over 1 Month

5.73%

down

Over 1 Year

-24.64%

down

Over 3 Months

-7.19%

down

Over 3 Years

-4.87%

down

Over 6 Months

-12.95%

down

Over 5 Years

5.59%

down

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MTAR TECHNOLOGIES LIMITED shareholding pattern

  • Shareholding Summary

  • Historical Promotor Holding

  • Historical MF Holding

  • Historical FII Holding

Holding

Others
37.09%
Promoter Holdings
31.76%
FII
6.73%
DII
24.39%
Promoter Shares(Pledge Percentage)
10.36%
Name Shares Category
Nippon Life India Trustee Ltd-a/c Nippon India Gro 2073124.0 (6.74%) Public Shareholding
K Vamshidhar Reddy 1856087.0 (6.03%) Shareholding of Promoter and Promoter Group
Mitta Madhavi 1430983.0 (4.65%) Shareholding of Promoter and Promoter Group
P Srinivas Reddy 1392903.0 (4.53%) Shareholding of Promoter and Promoter Group
Aditya Birla Sun Life Insurance Company Limited 1230327.0 (4.0%) Public Shareholding
A Manogna 1161889.0 (3.78%) Shareholding of Promoter and Promoter Group
Kotak Mahindra Trustee Co Ltd A/c Kotak Multicap F 1049987.0 (3.41%) Public Shareholding
Hdfc Mutual Fund - Hdfc Defence Fund 1044679.0 (3.4%) Public Shareholding
Leelavathi Parvatha Reddy 1021712.0 (3.32%) Shareholding of Promoter and Promoter Group
P Kalpana Reddy 874000.0 (2.84%) Shareholding of Promoter and Promoter Group
Saranya Loka Reddy 599666.0 (1.95%) Shareholding of Promoter and Promoter Group
Kavitha Reddy Gangapatnam 492741.0 (1.6%) Shareholding of Promoter and Promoter Group
Sundaram Mutual Fund A/c Sundaram Small Cap Fund 421865.0 (1.37%) Public Shareholding
K Shalini 410483.0 (1.33%) Shareholding of Promoter and Promoter Group
Motilal Oswal Nifty Microcap 250 Index Fund 369303.0 (1.2%) Public Shareholding
Aditya Birla Sun Life Trustee Private Limited A/c 316736.0 (1.03%) Public Shareholding
Anushman Reddy 268128.0 (0.87%) Shareholding of Promoter and Promoter Group
Praval Reddy Akepati 250000.0 (0.81%) Shareholding of Promoter and Promoter Group
Northeast Broking Services Limited 12500.0 (0.04%) Shareholding of Promoter and Promoter Group
Venkata Suprathik Reddy Gangapatnam 6.0 (0.0%) Shareholding of Promoter and Promoter Group
P Jayaprakash Reddy 0.0 (0.0%) Shareholding of Promoter and Promoter Group
D Anitha Reddy 0.0 (0.0%) Shareholding of Promoter and Promoter Group
Usha Reddy Chigarapalli 0.0 (0.0%) Shareholding of Promoter and Promoter Group

News

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MTAR TECHNOLOGIES LIMITED corporate actions

  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
21 Feb 2022 3.0 Interim 22 Feb 2022 Equity shares
22 Jul 2021 3.0 Final 23 Jul 2021 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
[-] [-] [-] [-]
  • Dividend

  • Bonus

  • Split

Dividend date Dividend amount Dividend type Record date Instrument type
21 Feb 2022 3.0 Interim 22 Feb 2022 Equity shares
22 Jul 2021 3.0 Final 23 Jul 2021 Equity shares
Ex-Date Ex-Bonus Ratio
[-] [-] [-]
Ex-Date Old FV NEW FV Record Date
[-] [-] [-] [-]

MTAR Share Result Highlights

Key Highlight

Sep 2024

Jun 2024

Mar 2024

Dec 2023

Sep 2023

MTAR Share Price

₹1750.65 (down ₹1.90, -0.10%)

-

-

-

-

Quarterly Revenue

₹187.10 Crores

₹125.97 Crores

₹141.58 Crores

₹118.22 Crores

₹164.58 Crores

Quarterly Net Profit

₹18.78 Crores

₹4.54 Crores

₹5.07 Crores

₹10.56 Crores

₹20.83 Crores

Net Profit Margin

10.03%

3.60%

3.58%

8.93%

12.65%

Earnings Per Share (EPS)

₹6.11

₹1.48

₹1.65

₹3.43

₹6.77

EBITDA

₹38.17 Crores

₹17.11 Crores

₹18.71 Crores

₹24.29 Crores

₹37.22 Crores

Effective Tax Rate

25.85%

28.27%

31.57%

18.95%

20.28%

Key Highlights

  • The MTAR share price stands at ₹1750.65, reflecting a slight decrease of ₹1.90 (-0.10%) in the latest trading session.
  • Quarterly revenue for September 2024 was ₹187.10 Crores, with a net profit of ₹18.78 Crores and an EPS of ₹6.11.
  • The company has seen fluctuations in net profit margins, with September 2024 recording a margin of 10.03%.
  • EBITDA for September 2024 was ₹38.17 Crores, and the effective tax rate was 25.85%.

MTAR Share Annual Reports

Particular

Details

Annual Revenue

₹572.52 Crores

Annual Net Profit

₹56.27 Crores

Net Profit Margin

9.82%

Earnings Per Share (EPS)

₹18.29

EBITDA

₹118.03 Crores

Effective Tax Rate

23.14%

Key Highlights

  • For the financial year ending March 2024, MTAR Technologies reported a revenue of ₹572.52 Crores and a net profit of ₹56.27 Crores.
  • The company achieved a net profit margin of 9.82%, with an Earnings Per Share (EPS) of ₹18.29.
  • EBITDA for the year was ₹118.03 Crores with a tax rate of 23.14%.

MTAR Share Dividend

Ex-Date

Dividend Type

Dividend Amount

Record Date

21 Feb 2022

Interim

₹3.00

22 Feb 2022

22 Jul 2021

Final

₹3.00

23 Jul 2021

Key Highlights

  • MTAR Technologies has recently declared an interim dividend of ₹3.00 per share in February 2022.
  • The company also issued a final dividend of ₹3.00 per share in July 2021.

Popular FAQs

Who is the CEO of MTAR Technologies Ltd?

The current CEO of MTAR Technologies Ltd. is Mr. Parvat Srinivas Reddy. He is one of the founding members of the company and has been integral to its growth and expansion, especially in the defence, aerospace, nuclear, and clean energy sectors. Under his leadership, the company has significantly contributed to critical national projects and has built a strong reputation in precision engineering.

 

When was MTAR Technologies established?

MTAR Technologies was conceived in 1969 by its founders, P. Ravinder Reddy, K. Satyanarayana Reddy, and P. Jayaprakash Reddy, to address India's engineering needs after the post-embargo period. The company was formally incorporated as a Private Limited Company in November 1999 and became a Public Limited Company in November 2020, when its name was changed to MTAR Technologies Ltd.

 

What factors influence the MTAR Share Price?

The MTAR share price is influenced by several factors, including:

  • The company’s financial performance
  • Advancements in technology
  • Strategic involvement in key sectors like aerospace, defence, and clean energy
  • Relationships with major clients such as ISRO and DRDO
  • Investments in cutting-edge technologies
  • Broader market performance and economic conditions

 

Is MTAR Technologies debt-free?

No, MTAR Technologies Ltd. is not debt-free. The company has taken on debt to support its expansion, particularly for setting up advanced manufacturing facilities and investing in new technologies. However, MTAR’s financial stability is supported by its strong order book and ongoing government contracts.

 

What is the CAGR of MTAR Technologies Share?

The Compound Annual Growth Rate (CAGR) of MTAR Technologies share price has shown impressive growth over the years:

  • Over the last 10 years: Not provided
  • Over the past 5 years: Not provided
  • Over the last 3 years: -10%
  • Over the past year: -23%

 

How has the MTAR Technologies Share Price performed over the past year?

Over the past year, the MTAR Technologies share price has experienced a decline of 23%. Despite its significant contributions to critical sectors such as space, defence, and clean energy, the company faced challenges in maintaining positive share price growth due to broader market conditions and sector-specific challenges.

MTAR TECHNOLOGIES LIMITED Share Price

MTAR Technologies Limited was conceived in 1969 by three founders, P. Ravinder Reddy, K. Satyanarayana Reddy and P. Jayaprakash Reddy to address the growing post-embargo engineering requirements of India. MTAR Technologies Limited incorporated as a Private Limited Company in November, 1999. The Company became a Public Limited Company effective from November, 2020 and the name of the Company was changed to MTAR Technologies Limited. The Company engaged in the business of manufacturing high precision and heavy equipment, components, machines for sectors including nuclear, aerospace, defence, etc.

The Company provide one-stop solutions though the integration of its value-chain comprising design, precision machining, assembly, testing, quality control, specialized fabrication, brazing, heat treatment and other specialized processes. The Company focuses on complex mission critical projects that are difficult for most service providers, especially precision components with close tolerances (5-10 microns) and critical assemblies that serve projects of national importance. The Company specializes in the design and fabrication of complex assemblies like Fueling Machine Head, Bridge & Column, Coolant Channel assemblies and Drive Mechanisms for the core of nuclear reactors; Liquid Propulsion Engines, Electro-Pneumatic Modules for Space Launch Vehicles and Base Shroud Assemblies and Air frames etc. for missiles in the Space & Defence sectors; SOFC and hydrogen units for Fuel cells in the Clean Energy sector.

The Company operate through six state of-the-art manufacturing facilities ,including one export oriented unit, each of which is situated in Hyderabad and is in the process of establishing sheet metal and specialized fabrication facilities at Adibatla unit. The units are equipped with state-of-the-art machining, assembly & testing, specialized fabrication, heat treatment, surface treatment and quality control facilities.These facilities have been invested with high tech CNC milling, turning, floor boring, jig boring machines etc., assembly and testing facilities as well as specialized fabrication, quality control, heat treatment, surface treatment and other specialized processes. The Company is a leading national player in precision engineering catering to strategic sectors on account of its deep technology commitment. This has been reinforced by a focus on proactive investments in cutting-edge technologies. The Company's state-of-the-art facilities comprise more than 400 equipment items. This investment has strengthened the company's positioning as a one-stop solution provider.

The Company has designed and built with in-house expertise sophisticated special purpose machines instead of importing comparable machines. The Company built machines such as SPM 99, gantry special purpose machines, deep hole boring machines and vertical honing machines, among others, used for special purpose operations. Its state of-the-art manufacturing facilities enabled to produce build-to-print products of high dimensional accuracy in line with customer specifications. The Company source materials from third party suppliers depending on project complexity, especially those involving critical and sensitive raw materials. The materials utilized for products catering to the Clean Energy and Civil Nuclear Power sectors, and other consumables and bought-outs, are mostly sourced from third party suppliers.

The Company addresses the growing needs of marquee Indian customers like Nuclear Power Corporation of India Limited, Indian Space Research Organization, Defence Research and Development Organization and Hindustan Aeronautics Ltd; its global customers comprise respected organizations like Bloom Energy, Rafael Advanced Defense Systems Ltd and Elbit Systems.

In 1969, the Company established Unit 1 to supply coolant channel assemblies to the Department of Atomic Energy (DAE).
In 1975, the Company started Montage (MTAR Unit 4) for Rough Machining Operations.
In 1978-80, the Company established heat treatment & surface treatment plant (MTAR Unit 5). It established MTAR Unit 3 for additional capacity of component manufacturing.
In 1983, the Company commenced supplies of components to Indian Space Research Organization (ISRO).
In 1985-86, the Company started manufacturing ball screws and ventured into Defense manufacturing by adding DRDO to the customer base.
In 1989, the Company supplied the First Vikas Engine.
In 2009, the Company ventured into Clean Energy - Fuel sector by supplying SOFC units for fuel cells.
In the period of 2010-12, the Company commissioned an Export-Oriented Unit (EOU) & commenced manufacture of SOFC units for fuel cells of Bloom Energy.
In 2018, the Company entered aerospace segment, added Elbit Systems and Rafael Advanced Defense Systems Ltd, some of the largest global players as clients.
In 2020, the Company commenced the development of Roller Screws that are import substitutes. It supplied complex assemblies to the core of Kakrapar, India's first 700 MW nuclear reactor commissioned in July 2020.
In 2021, the Company completed the development of electro-pneumatic modules for Space Launch Vehicles.

The engine for the PSLV-C25, which launched the Mars Orbiter Mission Spacecraft (Mangalyaan mission), was supplied to ISRO by the Company. The engine for the PSLV-C49, which injected EOS-01 (earth observation satellite) was provided to ISRO by the Company. The Company was integral to GSLV Mark III engine for the Chandrayaan II mission. It has been serving Civil Nuclear Power sector customers for over 35 years; it sustained relationships with Nuclear Power Corporation of India Limited for over 16 years. The Company is developing associated technology for roller screws that substitutes imports across the Defence and Space segments for the first time in India. The Company is manufacturing or fabricating grid fin components, liquid propulsion engines and other assemblies for Gaganyaan, India's first human flight mission. The Company is committed to reduce the global carbon footprint through the manufacture of SOFC units, hydrogen boxes and electrolyzers for fuel cells of Bloom Energy. SOFC units use methane as an input to generate power; the process generates 66% less carbon than thermal power plants. In collaboration with Bloom Energy, the Company has developed prototypes for hydrogen boxes that draw on hydrogen as an input to generate power and the manufacture of electrolyzers that generate green hydrogen from steam. It also fabricate specialized components for hydel power sector.

The Company initiated work on the establishment of sheet metal and specialized fabrication. It commenced the development of associated technologies for the manufacture of roller screws and electro-mechanical actuators and are excited about rolling these products out in FY 2021-22.

The Company floated an IPO of 10,372,419 Equity Shares by raising funds from public aggregating to Rs 596.41 Crore, consisting a Fresh Issue of 2,148,149 Equity Shares and an Offer for Sale of up to 8,224,270 Equity Shares in March, 2021.

In 2022-23, the Company undertook design and development of Small Satellite Launch Vehicle (SSLV). It launched new products like
Roller Screws, ASP Assemblies in 2023. In 2024, the Company completed the development of Electro-Mechanical Actuators. It initiated development of Valves for Space & Defence sectors. It added reputed global OEM such as GE Power, Voith, Regen Power, Thales, Collins Aerospace, GKN Aerospace, among others in Clean Energy & Aerospace sectors in 2023-24.

Parent organization Indian Private
NSE symbol MTARTECH
Founded 1999
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Frequently Asked Questions

What is the Share Price of MTAR Technologies Ltd?

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The share price of MTAR Technologies Ltd for NSE is ₹ 1421.3 and for BSE is ₹ 1424.25.

What is the Market Cap of MTAR Technologies Ltd?

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The market cap of MTAR Technologies Ltd for NSE is ₹ 43,71.86 Cr. and for BSE is ₹ 43,80.93 Cr. as of now.

What is the 52 Week High and Low of MTAR Technologies Ltd?

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The 52 Week High and Low of MTAR Technologies Ltd for NSE is ₹ 2200.00 and ₹ 1155.60 and for BSE is ₹ 2200.00 and ₹ 1152.00.

How to Buy MTAR Technologies Ltd share?

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You can trade in MTAR Technologies Ltd shares with Bajaj Broking by opening a Demat Account.

What is 1 year return for MTAR Technologies Ltd?

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The 1 year returns on the stock has been -24.64%.

What is the Current Share Price of MTAR Technologies Ltd?

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MTAR Technologies Ltd share price is for NSE ₹ 1421.3 & for BSE ₹ 1424.25 as on Apr 30 2025 03:30 PM.

What is the Market Cap of MTAR Technologies Ltd Share?

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The market cap of MTAR Technologies Ltd for NSE ₹ 43,71.86 & for BSE ₹ 43,80.93 as on Apr 30 2025 03:30 PM.

What is the P/E Ratio of MTAR Technologies Ltd Share?

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As on Apr 30 2025 03:30 PM the price-to-earnings (PE) ratio for MTAR Technologies Ltd share is 97.95.

What is the PB ratio of MTAR Technologies Ltd Share?

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As on Apr 30 2025 03:30 PM, the price-to-book (PB) ratio for MTAR Technologies Ltd share is 227.73.

How to Buy MTAR Technologies Ltd Share?

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You can trade in MTAR Technologies Ltd shares with Bajaj Broking by opening a demat account.

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