MTAR Technologies’ share price jumps over 6%; stock rallies 230% YTD, what’s driving the momentum?

Data show that the stock has rallied nearly 9% over the past five sessions, more than 56% in the past 30 days, nearly 204% in the past six months, and 230.54% year-to-date (YTD), or so far in the calendar year 2026.

In the past 12 months, shares of the company have skyrocketed by around 381%.

What investors need to know

Commenting on the March quarter (Q4 FY26) and year-end earnings announcement, Parvat Srinivas Reddy, Managing Director & Promoter, MTAR Technologies Limited, said, “The company witnessed a phenomenal year marked by robust revenue growth and the highest ever inflow of orders, reflecting our continued pursuit of delivering technology-intensive and differentiated precision-engineered products."

The company continues to focus on high-growth sectors and expects a strong inflow of orders in FY27 across its key business verticals. Backed by strong execution capabilities, expanding capacities, and favourable industry trends, it remains confident of sustaining its growth momentum in the years ahead.

In addition, the company expects a sequential improvement in margins over the coming quarters due to higher operating leverage and a favourable transition in the product mix towards volume-based production.

Financials

MTAR Technologies reported a strong financial performance for FY26, with revenue from operations rising 29.6% YoY to ₹876.2 crore, while EBITDA grew 41.7% to ₹171.2 crore. Profit before tax surged 75.1% to ₹126.1 crore, and profit after tax jumped 76.2% to ₹94 crore during the fiscal.

In Q4 FY26, the company posted robust growth, with revenue increasing 67.2% YoY to ₹306.1 crore, EBITDA rising 80.9% to ₹61.8 crore, and PAT soaring 222.3% to ₹44.3 crore.

On a sequential basis, Q4 revenue grew 10.1% QoQ, while PAT rose 27.7%, reflecting continued momentum across its clean energy, aerospace, and defence businesses.

What management said in the earnings call

P. Srinivas Reddy, the managing director, said that having confidence in the execution of orders on hand, "we are raising our guidance for FY '27 from 50% revenue growth to 80% plus revenue growth, plus/minus 5%, with clear EBITDA margins of around 24% for the year, mainly due to our initial expansion of capacities in various sectors in clean energy, which has already been commissioned."

Apart from clean energy, the oil and gas plant will also be commissioned by the end of the year and will be fully operational.

The nuclear and aerospace sectors will contribute much larger numbers, with nuclear projects being executed this year, having a strong order book, and volume production commencing in the aerospace division with certain customers.

Geopolitical crisis: What the company said

The MD said that the company can look ahead with confidence in spite of the geopolitical crisis, as they are now well prepared and are in a much stronger position to achieve the required growth and the required margins as well.

Order book

The closing order book for FY26 is ₹2,580 crore, and "we had given guidance of ₹2,800 crore. The marginal difference is due to some nuclear orders and the defence orders being deferred to the current quarter, which does not have any impact on our business outlook for this year," it added.

The company said it has secured orders of ₹481 crore during the quarter. MTAR Tech said it was confident of receiving large orders across various sectors during FY27.

"And also, we will end up with a very strong order book by the end of FY27, much larger than the closing order book of FY26. And the estimated closing order book would be close to about ₹5,000 crore at the end of the year," it added.

About MTAR Technologies

MTAR Technologies is a leading manufacturer of mission-critical precision engineered systems catering to clean energy, aerospace, and defence sectors.

The company operates nine strategically located manufacturing units, including export-oriented facilities in Hyderabad, Telangana. MTAR serves segments such as civil nuclear power, fuel cells, hydel, aerospace, and defence.

The company says it has built long-standing relationships spanning over four decades with leading Indian organisations and global OEMs.