MTAR Technologies Q4 FY26 Results; Shares Rise Over 8% After Profit Jumps 222%

Mumbai, May 13: MTAR Technologies Ltd shares surged sharply after the company reported robust Q4 FY26 earnings with significant improvement across revenue, operating profit and net profit metrics, according to the company’s investor presentation filed with exchanges.

The company posted consolidated revenue from operations of ₹306.1 crore in Q4 FY26 compared with ₹183.1 crore in the corresponding quarter last year, reflecting a 67.2% year-on-year increase.

EBITDA rose 80.9% year-on-year to ₹61.8 crore from ₹34.2 crore, while EBITDA margin expanded to 20.2% against 18.7% a year earlier.

Profit after tax stood at ₹44.3 crore compared with ₹13.7 crore in Q4 FY25, translating into a 222.3% increase on a yearly basis. PAT margin improved to 14.5% from 7.5%.

For the full FY26 period, revenue climbed to ₹876.2 crore from ₹676 crore in FY25. Annual PAT increased 76.2% to ₹94 crore.

The company said gross profit for FY26 stood at ₹417.8 crore with gross margin at 47.7%.

MTAR Technologies Share Price Rallies as Stock Hits Fresh 52-Week High

MTAR Technologies share price gained 8.64% to ₹6,788.50 as of 12:28 PM IST on May 13, 2026, according to exchange data.

The stock touched a 52-week high of ₹6,969 during the session after investors reacted positively to the earnings growth and margin expansion.

The rally also followed improved working capital metrics and strong segmental contribution from clean energy, fuel cells, hydel and aerospace businesses.

According to the investor presentation, the clean energy fuel cells, hydel and others segment contributed ₹615.4 crore in FY26 revenue, while aerospace and defence revenue increased to ₹103.8 crore.

Exports accounted for 82% of FY26 revenue, highlighting the company’s international exposure.

The company also reported total operating cash flow of ₹196.9 crore for FY26 compared with ₹101.3 crore in the previous year.

Business Portfolio Remains Diversified Across Clean Energy and Aerospace

MTAR Technologies operates in precision engineering with exposure across clean energy, civil nuclear power, aerospace and defence sectors.

The company manufactures high precision engineered systems and assemblies for sectors including fuel cells, hydel power, nuclear energy and space applications.

Its revenue mix remains diversified across multiple industrial verticals. Aerospace and defence contributed 12% of FY26 revenue, while products and others accounted for 15%.

The company’s consolidated balance sheet showed total assets increasing to ₹1,743.4 crore as of March 31, 2026, compared with ₹1,130.3 crore a year earlier.

Trade receivables rose to ₹336.8 crore, while inventories increased to ₹500.5 crore. Total equity stood at ₹822.6 crore.

Net working capital days improved to 172 days in March 2026 from 266 days in December 2025, as per the company presentation.

Source:

• https://www.nseindia.com/get-quote/equity/MTARTECH/Mtar-Technologies-Limited
• https://nsearchives.nseindia.com/corporate/MTARTECH_13052026004231_MTAR_Q4_FY26_IP_Final.pdf