MTAR Technologies Limited share price

MTAR Technologies Limited manufactures and sells high precision, heavy equipment, components, and machines in India and internationally. The company offers space solutions comprising liquid propulsion engines; cryogenic engines, including turbo pumps, booster pumps, gas generators, and injector heads; and electro-pneumatic modules. It also provides mechanical subsystems and systems integration for the defence and aerospace sectors; concaves, body slips, anchors, quick-change systems, packers, mandrels, pumps, jar components, and whipstock assemblies; and fuel machining heads, drive mechanisms, bridge and column assemblies, coolant channel assemblies, and others. In addition, the company man…Read more

Website NSE हिंदी में BSE

Capital GoodsSpecialty Industrial MachineryNifty 500 Nifty Smallcap 250NSE: MTARTECHISIN INE864I01014

16 Oct 2026, 3:30 PM IST₹7,054.50▼ 234.00 (3.21%)

Market Cap₹ 21,699 Cr.
Current Price₹ 7,054.50
High / Low₹ 8,714 / 2,113
Stock P/E162.6
Book Value₹ 267
Dividend Yield0.00 %
ROCE14.8 %
ROE12.10 %
Face Value₹ 10.0

More figures (10)

EPS (TTM)₹ 43.39
Price / Book26.37
OPM15.7 %
Debt / Equity0.46
Sales growth (5Y)28.9 %
Profit growth (5Y)15.3 %
Promoter holding29.2 %
EV / EBITDA96.0
Beta1.39
All-time high₹ 8,714

Price chart

Price on NSE 50 DMA 200 DMA Volume

Returns	1M	3M	6M	YTD	1Y	3Y CAGR	5Y CAGR
MTARTECH	+3.86%	+10.85%	+46.23%	+191.91%	+217.74%	+39.66%	+32.57%
Nifty 50	-0.31%	-3.85%	-4.34%	-11.42%	-9.53%	+5.46%	+4.76%

Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.

Quick take

MTAR Technologies Limited is in the Specialty Industrial Machinery industry (Industrials), with a market value of ₹21,699 crore.
It trades at 162.6 times its last 12 months' earnings and 26.4 times book value.
Revenue grew 28.9% a year over the last 5 years, profit 15.3% a year.
Return on equity was 12.1% and return on capital employed 14.8% in the latest year.
Debt was 0.46 times shareholders' equity.
The share price is 19.0% below its 52-week high and up 217.7% over one year.
Promoters and insiders hold about 29.2%; institutions about 33.7%.

Pros

Sales have grown 28.9% a year over the last 5 years.
Latest quarter (Jun 2026): sales up 130% and profit up 365% from a year ago.
Institutional (FII + DII) holding has risen by 18.0 points over 3 years.

Cons

Return on equity has been low: 9.4% on average over the last 3 years.
Promoter holding has fallen by 8.03 points over 3 years, to 29.23%.
Trades at 162.6 times earnings, above its 3-year median of 117.4.
Trades at 26.4 times its book value.
The company has not paid a dividend recently.

Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.

About MTAR Technologies Limited

Employees: 1,321
Head office: Hyderabad
NSE industry: Capital Goods

IndustrialsCapital GoodsSpecialty Industrial Machinery

Part ofNifty 500 Nifty Smallcap 250

S.No.	Company	CMP ₹	P/E	Mar Cap ₹ Cr	Div Yld %	NP Qtr ₹ Cr	Qtr Profit Var %	Sales Qtr ₹ Cr	Qtr Sales Var %	ROCE %	ROE %	P/B	OPM %	Debt / Eq	Prom. Hold. %	Sales ₹ Cr	Sales Var 3Yrs %
1.	MTAR Technologies	7,054.50	162.6	21,699	0.00	50	364.51	361	130.37	14.8	12.1	26.37	15.7	0.46	29.20	876	28.9
2.	ABB India	6,801.00	92.6	1,44,119	0.43	362	-23.67	3,521	17.75	28.5	22.4	15.44	14.4	0.01	76.34	13,065	15.4
3.	Siemens	3,624.00	88.8	1,29,058	0.49	2,143	406.74	4,714	8.44	16.5	14.7	9.32	9.9	0.01	76.91	17,364	3.0
4.	Cummins India	4,608.00	54.0	1,27,734	1.42	609	15.07	3,375	38.99	35.0	29.5	15.07	20.1	0.00	51.29	11,950	16.1
5.	Elecon Engineering Company	480.35	44.0	10,779	0.41	96	9.84	639	10.52	18.6	15.9	4.30	18.4	0.12	63.16	2,366	15.9
6.	Raymond	1,133.90	160.6	7,546	0.00	31	-99.42	606	15.51	-0.6	162.8	2.65	4.8	0.37	51.22	2,212	-36.0
7.	Greaves Cotton	204.30	48.0	4,759	0.98	6	-70.46	974	30.68	7.2	7.6	3.33	3.9	0.28	56.57	3,437	8.6
8.	Jash Engineering	544.95	40.0	3,428	0.30	5	—	150	17.45	17.2	16.0	6.61	11.8	0.20	50.11	736	22.6
9.	Macpower CNC Machines	1,925.00	49.5	1,926	0.08	10	110.33	95	56.06	25.5	21.3	10.99	14.0	0.00	0.00	333	18.2
10.	Honda India Power Products	1,834.60	28.3	1,861	1.45	11	17.09	189	22.17	10.7	7.7	2.32	6.9	0.00	66.67	865	-11.2
	Median: 13 Co.	1,879.80	48.7	6,153	0.30	41	15.07	622	19.96	16.9	16.0	6.02	13.0	0.07	53.93	2,289	12.3

Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.

Quarterly Results

Consolidated figures in ₹ crore /

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	153	167	118	143	128	190	174	183	157	136	278	306	361
YOY Sales Growth %	67.64%	32.22%	-26.09%	-27.20%	-15.93%	14.00%	47.36%	28.06%	22.08%	-28.71%	59.33%	67.17%	130.37%
	118	131	95	125	112	153	141	149	128	119	214	244	276
Material Cost %	50%	54%	48%	55%	52%	53%	50%	48%	46%	49%	54%	56%	54%
Employee Cost %	16%	14%	20%	18%	22%	16%	18%	19%	22%	25%	14%	14%	13%
Other Expenses %	11%	10%	11%	15%	13%	12%	13%	15%	14%	14%	9%	10%	9%
Operating Profit	35	36	24	18	17	37	33	34	28	17	64	62	85
OPM %	23%	22%	20%	13%	13%	19%	19%	19%	18%	13%	23%	20%	24%
	4	1	0	0	1	1	3	0	1	4	2	16	8
Exceptional items											-4
Interest	6	5	6	6	5	5	6	6	6	6	8	10	16
Depreciation	6	6	6	6	6	8	9	10	8	9	9	9	10
Profit before tax	27	26	13	7	6	25	21	19	15	6	46	60	67
	25%	20%	19%	32%	29%	26%	26%	26%	27%	25%	25%	26%	25%
Current tax	7	4	3	1	2	6	5	4	1	0	13	15	15
Deferred tax	0	1	-0	2	0	0	1	0	3	1	-2	0	2
	20	20	10	5	4	19	16	14	11	4	35	44	50
YOY Profit Growth %	25.41%	-17.12%	-66.78%	-84.32%	-78.23%	-8.24%	52.81%	181.71%	144.20%	-77.39%	117.30%	222.72%	364.51%
EPS in Rs	6.61	6.65	3.40	1.58	1.44	6.10	5.19	4.46	3.52	1.38	11.28	14.40	16.33
Raw filing

₹ Cr	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	152	167	118	143	128	190	174	183	157	136	278	306	361
YOY Sales Growth %	67.22%	32.47%	-26.19%	-27.20%	-15.73%	14.07%	47.57%	28.10%	22.11%	-28.70%	59.30%	67.14%	130.37%
	119	130	95	125	112	154	141	149	128	119	214	244	276
Material Cost %	50%	54%	48%	54%	52%	52%	51%	48%	46%	49%	54%	56%	54%
Employee Cost %	16%	14%	20%	17%	22%	15%	18%	19%	22%	24%	14%	14%	13%
Other Expenses %	12%	10%	12%	15%	14%	13%	13%	15%	14%	14%	9%	10%	9%
Operating Profit	34	36	24	18	16	37	33	34	28	17	64	62	85
OPM %	22%	22%	20%	13%	13%	19%	19%	19%	18%	13%	23%	20%	24%
	4	1	1	1	1	2	3	0	1	4	3	17	8
Exceptional items											-4
Interest	6	5	6	6	5	5	6	6	6	6	8	10	16
Depreciation	5	6	6	6	6	8	9	10	8	9	9	9	9
Profit before tax	27	26	13	7	6	25	22	19	15	6	46	60	68
	26%	20%	19%	32%	28%	26%	25%	25%	26%	24%	24%	26%	25%
Current tax	7	4	3	1	2	6	5	4	1	0	13	15	15
Deferred tax	0	1	-0	2	0	0	1	0	3	1	-2	0	2
	20	21	11	5	5	19	16	14	11	5	35	44	51
YOY Profit Growth %	20.56%	-17.31%	-66.70%	-83.51%	-77.07%	-9.81%	54.62%	180.11%	147.17%	-75.56%	115.35%	212.32%	349.76%
EPS in Rs	6.44	6.77	3.43	1.65	1.48	6.11	5.31	4.62	3.65	1.49	11.43	14.41	16.42
Raw filing

Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.

Profit & Loss

Consolidated figures in ₹ crore /

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	246	322	574	581	676	876	1,080
YOY Sales Growth %		30.67%	78.18%	1.22%	16.40%	29.62%
	163	228	420	468	555	705	852
Material Cost %	33%	36%	47%	52%	51%	52%	54%
Employee Cost %	22%	22%	16%	17%	18%	17%	15%
Other Expenses %	12%	13%	10%	12%	13%	11%	10%
Operating Profit	83	94	154	113	121	171	228
OPM %	34%	29%	27%	19%	18%	20%	21%
	1	9	19	6	5	23	30
Exceptional items						-4	-4
Interest	7	7	15	22	22	29	39
Depreciation	13	14	19	23	32	35	36
Profit before tax	65	82	140	73	72	126	179
	29%	26%	26%	25%	26%	25%	25%
Current tax	11	18	34	16	17	29
Deferred tax	8	3	3	3	2	3
	46	61	103	56	53	94	133
YOY Profit Growth %		32.15%	69.89%	-45.74%	-5.75%	77.79%
EPS in Rs	16.99	19.79	33.62	18.24	17.19	30.57	43.39

Compounded Sales Growth

5 Years:: 29%
3 Years:: 15%
TTM:: 53%

Compounded Profit Growth

5 Years:: 15%
3 Years:: -3%
TTM:: 125%

Stock Price CAGR

5 Years:: 33%
3 Years:: 40%
1 Year:: 218%

Return on Equity

4 Years:: 11%
Last Year:: 12%

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	246	322	573	580	676	876	1,080
YOY Sales Growth %		30.67%	78.05%	1.17%	16.54%	29.61%
	163	228	419	468	555	705	853
Material Cost %	33%	36%	47%	52%	51%	52%	54%
Employee Cost %	22%	22%	16%	16%	18%	17%	15%
Other Expenses %	12%	13%	10%	12%	14%	11%	10%
Operating Profit	83	94	154	112	121	171	228
OPM %	34%	29%	27%	19%	18%	20%	21%
	1	9	20	6	6	24	31
Exceptional items						-4	-4
Interest	7	7	15	22	22	29	39
Depreciation	13	14	18	23	32	34	36
Profit before tax	65	82	141	73	72	127	180
	29%	26%	26%	25%	26%	25%	25%
Current tax	11	18	34	16	17	29
Deferred tax	8	3	3	3	1	3
	46	61	104	56	54	95	135
YOY Profit Growth %		32.11%	70.95%	-45.94%	-4.29%	77.01%
EPS in Rs	17.00	19.79	33.83	18.29	17.51	30.99	43.75
Dividend Payout %		30%

Compounded Sales Growth

5 Years:: 29%
3 Years:: 15%
TTM:: 53%

Compounded Profit Growth

5 Years:: 16%
3 Years:: -3%
TTM:: 122%

Stock Price CAGR

5 Years:: 33%
3 Years:: 40%
1 Year:: 218%

Return on Equity

4 Years:: 11%
Last Year:: 12%

Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.

Balance Sheet

Consolidated figures in ₹ crore, as at 31 March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	31	31	31	31
Reserves	589	646	698	792
	143	191	177	377
Long term borrowings	78	97	81	148
Short term borrowings	66	94	96	222
	300	140	224	544
Trade payables	218	62	106	150
Current liabilities	342	208	290	727
Total Liabilities	1,063	1,008	1,130	1,743
	360	431	501	605
Gross block	445	538	638	774
Accumulated depreciation	86	107	138	169
Goodwill & intangibles	1	1	3	2
CWIP	69	91	64	93
	635	486	565	1,045
Inventories	387	348	346	501
Trade receivables	208	147	210	337
Cash & equivalents	12	39	2	1
Current assets	697	565	618	1,128
Total Assets	1,063	1,008	1,130	1,743

Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.

Cash Flows

Consolidated figures in ₹ crore, financial years ending March

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	7	57	101	197
Profit for the year	103	56	53	94
Working capital changes	-129	-37	-9	42
Direct taxes paid	-32	-21	-13	-25
	-87	-56	-103	-353
Fixed assets purchased	-108	-94	-100	-134
Fixed assets sold	1	0	1	1
Investments purchased	-44	-101	-20	-224
Investments sold	70	138	15	3
	32	25	-36	155
Proceeds from borrowings	73	68	29	110
Repayment of borrowings	-17	-30	-45	-45
Interest paid	-14	-22	-22	-29
Net Cash Flow	-47	27	-37	-1
Free Cash Flow	-101	-37	1	63

Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.

Ratios

Ratio	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROE	—	16.7%	8.7%	7.5%	12.1%
ROCE	—	21.0%	11.5%	10.6%	14.8%
Operating margin	—	24.1%	15.6%	13.3%	15.7%
Net margin	—	18.4%	9.8%	8.0%	10.9%
Debt / equity	—	0.23	0.28	0.24	0.46
Current ratio	—	2.04	2.72	2.13	1.55
Debtor days	—	135	93	115	142
Inventory days	—	524	420	369	399
Days payable	—	296	75	113	119
Cash conversion cycle	—	363	438	371	422
Working capital days	—	230	228	180	169

Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.

Shareholding Pattern

Numbers in percentages · as filed with NSE each quarter

Promoters 29.23%
FIIs 20.87%
DIIs 27.09%
Public 22.80%

%	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	37.26%	37.26%	36.42%	36.42%	31.42%	31.77%	31.65%	31.41%	30.60%	30.44%	29.36%	29.23%
	11.02%	10.57%	7.75%	7.81%	7.01%	6.74%	7.57%	9.20%	12.24%	17.31%	24.79%	20.87%
Foreign portfolio investors (Cat. I)	10.84%	10.38%	7.55%	7.55%	6.57%	6.47%	7.24%	8.06%	10.47%	14.53%	21.21%	18.00%
Foreign portfolio investors (Cat. II)	0.18%	0.19%	0.19%	0.26%	0.44%	0.27%	0.33%	1.15%	1.77%	2.78%	3.59%	2.87%
	18.98%	18.08%	15.96%	17.29%	23.18%	24.40%	23.52%	24.81%	29.96%	27.67%	22.35%	27.09%
Mutual funds	18.21%	14.86%	12.76%	13.70%	18.40%	19.36%	18.71%	19.81%	24.80%	23.49%	20.36%	24.22%
Insurance companies	0.76%	3.21%	3.20%	3.50%	4.22%	4.30%	3.94%	3.84%	2.53%	1.71%	0.80%	1.75%
Alternative investment funds				0.08%	0.54%	0.74%	0.86%	1.16%	2.63%	2.46%	1.19%	1.12%
	32.74%	34.09%	39.87%	38.48%	38.39%	37.10%	37.26%	34.58%	27.20%	24.58%	23.50%	22.80%
Retail (up to ₹2 lakh)	29.67%	31.06%	35.68%	34.72%	33.97%	33.02%	33.22%	30.32%	22.91%	20.65%	20.35%	19.79%
HNIs (above ₹2 lakh)			0.41%	0.16%	0.38%	0.07%	0.07%	0.19%	0.29%	0.36%	0.27%	0.12%
NRIs	1.01%	1.06%	1.27%	1.28%	1.47%	1.61%	1.63%	1.68%	1.69%	1.71%	1.38%	1.33%
Bodies corporate	1.21%	0.96%	1.34%	1.20%	1.46%	1.36%	1.33%	1.41%	1.47%	1.22%	0.91%	0.92%
No. of Shareholders	3,12,462	3,13,019	3,35,068	3,17,125	3,04,480	3,01,097	2,97,581	2,75,940	2,18,461	2,09,273	2,58,386	2,60,159

Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.

Mutual funds & institutions holding MTAR Technologies

Holder (above 1%)	Stake
Nippon Life India Trustee Ltd-A/C Nippon India NifMutual fund	4.51%
Motilal Oswal Multi Cap FundMutual fund	3.71%
Sundaram Small Cap FundMutual fund	3.28%
HSBC Multi Cap FundMutual fund	2.73%
HDFC Defence FundMutual fund	2.44%
Kotak Quant FundMutual fund	2.09%
Franklin India Mid Cap FundMutual fund	1.76%
360 ONE Multi Asset Allocation FundMutual fund	1.01%

As named in the shareholding pattern for Sep 2026 filed with NSE; mutual funds together hold 24.22% of the company. Shareholders below 1% are not named in the filing.

Documents

Announcements

All announcements on NSE →

Annual reports

Credit ratings

Concalls & investor meets

Filings made by the company with NSE; documents open on NSE's website.

Key dates

Ex-dividend date: 21 Feb 2022
Latest quarter: 30 Jun 2026
Financial year end: 31 Mar 2026

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Latest news

In the news

MTARTECH: Higher Future P/E Supports A Stronger Fair Value CaseSimply Wall Street · 1 Oct 2026

From the company (NSE)

Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.

Questions about MTAR Technologies Limited

What is the share price of MTAR Technologies Limited today?

MTAR Technologies Limited (MTARTECH) last traded at ₹7,054.50 on NSE (16 Oct 2026, 3:30 PM IST). Prices may be delayed.

What is the market cap of MTAR Technologies Limited?

About ₹21,699 crore at the latest price.

What is the P/E ratio of MTAR Technologies Limited?

About 162.6 times its earnings over the last 12 months.

Is MTAR Technologies Limited a good investment?

We do not give views on individual shares. Whether any share suits you depends on your goals, time horizon and risk appetite; for long-term goals, a diversified mutual fund is often a simpler way to own shares. Investments in securities markets are subject to market risks.

How can I buy MTAR Technologies Limited shares?

You need a trading and demat account with a SEBI-registered stock broker. We can help you open one through Parshvanath Investments, an Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539). We provide execution and account service only, not tips or research.

Important. Prices from NSE via Yahoo Finance. Quarterly and annual results, shareholding and documents are taken from the filings the company made with NSE; balance sheet, cash flow and valuation figures are compiled by Yahoo Finance; ratios are computed by us from them. Figures may be delayed or revised. This page is for information only: it is not research, a recommendation or an offer to buy or sell any security. Investments in securities markets are subject to market risks; read all related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934); share broking is offered through Parshvanath Investments, Authorised Person of Master Capital Services Ltd (SEBI Reg. INZ000210539).

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Compounded Sales Growth

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