MTAR Technologies Share Price

MTAR Technologies Limited is one of India’s largest manufacturing and fabrication companies for precision components. MTAR Technologies is a leading player in precision engineering and manufacturing.

The foundation for MTAR’s precision engineering systems was laid in 1969. The company received a major order to supply coolant channel assemblies to the Department of Atomic Energy (DAE). These components, manufactured and fabricated by MTAR, were used to advance the Indian Civil Nuclear Program.

In 1970, MTAR established its first manufacturing unit to fulfil the BHEL orders. The company started manufacturing the components for clean energy initiatives and space research programmes. In 1975, 1978, and 1980, MTAR established different manufacturing and processing units in multiple locations in India.

1983 marked a significant step for MTAR Technologies as the company received its first order from the Indian Space Research Organisation (ISRO). The company started manufacturing ball screws in 1985. The Defence Research and Development Organisation (DRDO) placed its first order with MTAR in 1986, promoting the company as one of the defence sector suppliers. The company's defence sector services segment kept growing over the years as other agencies like Hindustan Aeronautics Limited (HAL) became its customers.

MTAR worked on missions of national importance and in 1989, delivered the first Vikar Engine to ISRO. In 1990, MTAR converted from a partnership firm to a private limited company.

In 2010, the company started its seventh manufacturing unit for export purposes only. The company started defence exports in 2018.

The market capitalisation of MTAR Technologies Limited stood at over ₹6,500 crore as of January 23, 2024. MTAR share price has increased more than 26% in the last one year.

MTAR Technologies business operations

MTAR Technologies is one of the major component and equipment suppliers for nuclear, defence and aerospace programmes in India. The company’s services encompass all engineering needs of its customers from designing to manufacturing and integration.

The company also caters to the needs of global firms operating in defence and clean energy sectors.

In FY23, MTAR generated the highest-ever revenue through its business operations globally. MTAR manufactures ball screws, water lubricated bearings, roller screws, electro-mechanical actuation systems and ASP assemblies that find applications across diverse sectors.

The company has seven manufacturing units in India, with one completely export-oriented unit located in Hyderabad. MTAR Tech has also signed an MoU with ISRO for a small satellite launch vehicle project powered by semi-cryogenic technology with a 100-ton engine in the first stage and a 10-ton engine in the second.

The clean energy division of MTAR is a major contributor to the total revenue of the company. The company is engaged in the manufacturing of components and specialised fabrication of critical assemblies to customers. The company’s customers in the renewable energy segment include global players like Bloom Energy, Voith, GE Power and Andritz. The company supplies power units and specifically hot boxes to these clients. MTAR Tech is also developing hydrogen boxes and electrolysers for its renewable energy clients.

Financial highlights

The company’s consolidated revenue in FY23 stood at ₹593.22 crore, up 80% year-on-year compared to ₹330.75 crore in FY22. Profit after tax (PAT) increased 71.66% year-on-year to ₹103.42 crore in FY23, as against ₹60.87 crore in FY22. Its EBITDA (earnings before interest, taxes, depreciation and amortisation) stood at ₹154 crore in FY23 compared to ₹94.43 crore in FY22, witnessing a growth of 63.04% year-on-year. The company’s EBITDA margin declined to 26.85% in FY23 compared to 29.33% in FY22. Its earnings per share (EPS) increased to ₹33.62 in FY23 as against ₹19.79 in FY22.

MTAR Technologies Share Price Today

As of 25 May 2026, MTAR Technologies share price is ₹7,951.00. The stock opened at ₹8,172.00, compared to its previous close of ₹8,075.50. During today's trading session, MTAR Technologies share price moved in the range of ₹7,812.00 to ₹8,230.00, with an average price of ₹8,021.00 for the day. Looking at its last 52-week, the stock has touched a low of ₹7,812.00 and a high of ₹8,230.00. On the performance front, MTAR Technologies share price has increased by 213.15% over the last six months and is up 378.11% on a year-on-year basis.

The market capitalization of MTAR Technologies is ₹24,863 Crs, with a P/E ratio of 264.4 and a dividend yield of 0.00%.