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MTAR Technologies LimitedNSEI:MTARTECH Stock Report

Market Cap ₹244.6b
Share Price
₹7.88k
₹11.43k
31.1% undervalued intrinsic discount
1Y377.6%
7D15.7%
1D
Portfolio Value
View

MTAR Technologies Limited

NSEI:MTARTECH Stock Report

Market Cap: ₹244.6b

MTAR Technologies (MTARTECH) Stock Overview

Manufactures and sells high precision, heavy equipment, components, and machines in India and internationally. More details

MTARTECH fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance4/6
Financial Health6/6
Dividends0/6

MTARTECH Community Fair Values

Create Narrative

See what 38 others think this stock is worth. Follow their fair value or set your own to get alerts.

MTAR Technologies Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for MTAR Technologies
Historical stock prices
Current Share Price₹7,878.00
52 Week High₹8,449.50
52 Week Low₹1,390.50
Beta1.04
1 Month Change53.29%
3 Month Change113.99%
1 Year Change377.63%
3 Year Change312.00%
5 Year Change712.04%
Change since IPO627.76%

Recent News & Updates

New Narrative May 02

Heavy Reliance On Single Clean Energy Customer Will Pressure Future Earnings Potential

Catalysts About MTAR Technologies MTAR Technologies manufactures precision engineered components and assemblies for clean energy, civil nuclear, aerospace and defense applications. What are the underlying business or industry changes driving this perspective?
Narrative Update Apr 27

MTARTECH: Higher Borrowing Limits Will Increase Future Financial Risk Profile

Analysts have lifted their price target on MTAR Technologies from ₹4,257.25 to ₹4,629.00, citing updated assumptions for revenue growth, profit margins and forward P/E that point to a higher assessed fair value. What's in the News A special/extraordinary shareholders meeting is scheduled for March 20, 2026, via postal ballot in India, with resolutions focused on increasing the board's borrowing limits under section 180(1)(c) of the Companies Act, 2013 (Key Developments).

Recent updates

New Narrative May 02

Heavy Reliance On Single Clean Energy Customer Will Pressure Future Earnings Potential

Catalysts About MTAR Technologies MTAR Technologies manufactures precision engineered components and assemblies for clean energy, civil nuclear, aerospace and defense applications. What are the underlying business or industry changes driving this perspective?
Narrative Update Apr 27

MTARTECH: Higher Borrowing Limits Will Increase Future Financial Risk Profile

Analysts have lifted their price target on MTAR Technologies from ₹4,257.25 to ₹4,629.00, citing updated assumptions for revenue growth, profit margins and forward P/E that point to a higher assessed fair value. What's in the News A special/extraordinary shareholders meeting is scheduled for March 20, 2026, via postal ballot in India, with resolutions focused on increasing the board's borrowing limits under section 180(1)(c) of the Companies Act, 2013 (Key Developments).
New Narrative Apr 16

Clean Energy And Civil Nuclear Capacity Will Drive Powerful Long Term Upside

Catalysts About MTAR Technologies MTAR Technologies manufactures high precision, technology intensive components and assemblies for clean energy, civil nuclear, aerospace and defense applications. What are the underlying business or industry changes driving this perspective?
Narrative Update Apr 10

MTARTECH: Borrowing Approvals And Revenue Guidance Will Shape Future Performance Outlook

Analysts have kept their fair value estimate for MTAR Technologies steady at ₹4,257.25, with only slight updates to inputs such as the discount rate and assumed future P/E. Together, these factors support an unchanged overall price target.
Narrative Update Mar 27

MTARTECH: Upcoming Borrowing Approvals And Robust Guidance Will Support Future Re Rating

Analysts have maintained their fair value estimate for MTAR Technologies at ₹4,257.25. They cited only marginal tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E that do not materially affect their overall price target view.
Narrative Update Mar 11

MTARTECH: Civil Nuclear Orders Will Drive Future Re Rating Potential

Analysts have lifted their fair value price target for MTAR Technologies from ₹4,029.75 to ₹4,257.25, reflecting updated assumptions around the discount rate, profit margin, and future P/E multiples. What's in the News A board meeting is scheduled for January 29, 2026, to review unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, and to consider other business with the chair's approval (company filing).
Narrative Update Feb 25

MTARTECH: Civil Nuclear Orders And Margin Assumptions Will Guide Measured Future Upside

Analysts have maintained their fair value estimate for MTAR Technologies at ₹4,029.75, making only very small adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions. As a result, their overall price target remains effectively unchanged.
Narrative Update Feb 11

MTARTECH: Civil Nuclear Orders And Profitability Assumptions Will Shape Measured Future Upside

Analysts have raised their fair value estimate for MTAR Technologies from ₹3,198.75 to ₹4,029.75. They cite updated assumptions around the discount rate, revenue growth, profit margins and future P/E as the main drivers of the higher price target.
Narrative Update Jan 27

MTARTECH: Expanding Civil Nuclear Order Book Will Drive Future Upside

Analysts have slightly raised their fair value estimate for MTAR Technologies from ₹3,198.33 to ₹3,198.75, citing updated inputs on the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Scheduled board meeting on Jan 29, 2026 to review unaudited standalone and consolidated financial results for the quarter ended Dec 31, 2025, and to consider any other business with the chair's approval (company filing).
Analysis Article Jan 25

Investors Interested In MTAR Technologies Limited's (NSE:MTARTECH) Revenues

MTAR Technologies Limited's ( NSE:MTARTECH ) price-to-sales (or "P/S") ratio of 11.4x may look like a poor investment...
Narrative Update Jan 11

MTARTECH: Expanding Civil Nuclear And Export Orders Will Drive Future Upside

Analysts have modestly lifted their price target on MTAR Technologies from ₹3,165 to about ₹3,198, citing updated assumptions around revenue growth, profit margins and forward P/E expectations. What's in the News Additional domestic order worth INR 3,100 million from Megha Engineering & Infrastructures Limited for equipment supply to Kaiga 5 and Kaiga 6 Civil Nuclear Reactors, with deliveries staggered up to February 2030 (Client Announcements).
Analysis Article Jan 07

MTAR Technologies (NSE:MTARTECH) Could Be Struggling To Allocate Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Narrative Update Dec 26

MTARTECH: Expanding Nuclear And Export Order Book Will Drive Future Upside

Analysts have nudged their price target for MTAR Technologies slightly higher to ₹3,165, citing a marginally lower discount rate and steady expectations for robust revenue growth, resilient profit margins, and a rich but consistent future P E multiple. What's in the News Secured an additional INR 3,100 million order from Megha Engineering & Infrastructures for equipment supply to the Kaiga 5 and 6 civil nuclear reactors, with deliveries scheduled up to February 2030 (client announcement).
Narrative Update Dec 11

MTARTECH: Strong International Order Book Will Drive Upside Ahead

Analysts have modestly revised their price target for MTAR Technologies to ₹3,165 per share, reflecting a stable outlook supported by robust revenue growth expectations, resilient profit margins, and only a slight easing in the assumed discount rate and future earnings multiple. What's in the News Secured a major international order worth USD 30.88 million (INR 2,717.5 million) from an existing client, to be executed by the second quarter of FY 2027 (Client Announcements) Received international orders totaling INR 2,635.4 million from an existing customer, reinforcing visibility of repeat business (Client Announcements) Won an additional international order worth INR 671.6 million, with execution slated by June 2026 and no related party involvement (Client Announcements) Bagged a separate international order of USD 3.09 million (INR 271.7 million) from an existing client, scheduled for completion in the third quarter of FY 2026 (Client Announcements) Board meeting scheduled on November 5, 2025, to review unaudited Q2 and H1 FY 2026 results and consider a potential scheme of arrangement (Board Meeting) Valuation Changes Fair Value: Maintained at ₹3,165 per share, indicating no change in the intrinsic valuation estimate.
Analysis Article Nov 28

MTAR Technologies (NSE:MTARTECH) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Narrative Update Nov 27

MTARTECH: Surging International Orders Will Drive Upside Over The Next Year

Analysts have raised their price target for MTAR Technologies from ₹2,453 to ₹3,165, citing stronger revenue growth forecasts and improved profit margins as key drivers behind the updated valuation. What's in the News MTAR Technologies has received international orders worth USD 30.88 million (INR 2,717.5 million), to be executed by the second quarter of fiscal year 2027.
Analysis Article Nov 09

Earnings Report: MTAR Technologies Limited Missed Revenue Estimates By 41%

Shareholders might have noticed that MTAR Technologies Limited ( NSE:MTARTECH ) filed its quarterly result this time...
Narrative Update Nov 07

MTARTECH: International Orders And Expanding Margins Will Support Measured Upside Ahead

Analysts have raised their price target for MTAR Technologies from ₹1,979 to ₹2,453, citing stronger expected revenue growth and improved profit margins. What's in the News MTAR Technologies received multiple international client orders worth INR 2,635.4 million, continuing regular business with existing customers (Client Announcements).
Analysis Article Oct 15

MTAR Technologies Limited (NSE:MTARTECH) Stocks Shoot Up 27% But Its P/S Still Looks Reasonable

Despite an already strong run, MTAR Technologies Limited ( NSE:MTARTECH ) shares have been powering on, with a gain of...
Narrative Update Sep 05

Indian Nuclear, Clean Energy And Defense Will Unlock New Markets

As key valuation metrics such as the discount rate and future P/E ratio have remained virtually unchanged, the consensus analyst price target for MTAR Technologies is also unchanged at ₹1979. What's in the News Company reaffirms FY26 guidance: 25% revenue growth and 21% EBITDA margin (+/- 100 bps), driven by scale-up in clean energy and aerospace products.
Analysis Article Aug 09

MTAR Technologies Limited (NSE:MTARTECH) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Investors in MTAR Technologies Limited ( NSE:MTARTECH ) had a good week, as its shares rose 4.9% to close at ₹1,498...
Analysis Article Mar 25

MTAR Technologies (NSE:MTARTECH) Could Be Struggling To Allocate Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
User avatar
New Narrative Feb 20

Expanding Into Clean Energy And Aerospace Will Drive Future Success

Strategic expansion into Clean Energy and aerospace, along with new customer bases, supports strong revenue growth and margin improvements.
Analysis Article Feb 18

MTAR Technologies Limited's (NSE:MTARTECH) Share Price Is Still Matching Investor Opinion Despite 25% Slump

The MTAR Technologies Limited ( NSE:MTARTECH ) share price has fared very poorly over the last month, falling by a...
Analysis Article Jan 28

Does MTAR Technologies (NSE:MTARTECH) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Nov 26

MTAR Technologies (NSE:MTARTECH) Could Be Struggling To Allocate Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Analysis Article Nov 02

MTAR Technologies Limited (NSE:MTARTECH) Just Reported, And Analysts Assigned A ₹1,688 Price Target

Shareholders of MTAR Technologies Limited ( NSE:MTARTECH ) will be pleased this week, given that the stock price is up...
Analysis Article Aug 16

MTAR Technologies Limited Just Missed Revenue By 7.8%: Here's What Analysts Think Will Happen Next

Last week, you might have seen that MTAR Technologies Limited ( NSE:MTARTECH ) released its quarterly result to the...
Analysis Article Jun 05

Analysts Are More Bearish On MTAR Technologies Limited (NSE:MTARTECH) Than They Used To Be

Today is shaping up negative for MTAR Technologies Limited ( NSE:MTARTECH ) shareholders, with the analysts delivering...
Analysis Article Jun 02

Earnings Miss: MTAR Technologies Limited Missed EPS By 29% And Analysts Are Revising Their Forecasts

The analyst might have been a bit too bullish on MTAR Technologies Limited ( NSE:MTARTECH ), given that the company...
Analysis Article Feb 15

MTAR Technologies (NSE:MTARTECH) Has A Somewhat Strained Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Nov 16

MTAR Technologies Limited (NSE:MTARTECH) Analysts Are Reducing Their Forecasts For This Year

The analysts covering MTAR Technologies Limited ( NSE:MTARTECH ) delivered a dose of negativity to shareholders today...
Analysis Article Sep 01

The Trend Of High Returns At MTAR Technologies (NSE:MTARTECH) Has Us Very Interested

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Analysis Article Jul 14

Here's Why MTAR Technologies (NSE:MTARTECH) Has Caught The Eye Of Investors

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...

Shareholder Returns

MTARTECHIN MachineryIN Market
7D15.7%3.4%2.2%
1Y377.6%14.5%0.06%

Return vs Industry: MTARTECH exceeded the Indian Machinery industry which returned 14.5% over the past year.

Return vs Market: MTARTECH exceeded the Indian Market which returned 0.1% over the past year.

Price Volatility

Is MTARTECH's price volatile compared to industry and market?
MTARTECH volatility
MTARTECH Average Weekly Movement10.5%
Machinery Industry Average Movement7.3%
Market Average Movement7.2%
10% most volatile stocks in IN Market10.3%
10% least volatile stocks in IN Market4.8%

Stable Share Price: MTARTECH's share price has been volatile over the past 3 months compared to the Indian market.

Volatility Over Time: MTARTECH's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
19691,180Parvat Reddymtar.in

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.

MTAR Technologies Limited Fundamentals Summary

How do MTAR Technologies's earnings and revenue compare to its market cap?
MTARTECH fundamental statistics
Market cap₹244.57b
Earnings (TTM)₹634.69m
Revenue (TTM)₹7.53b
381.8x
P/E Ratio
32.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MTARTECH income statement (TTM)
Revenue₹7.53b
Cost of Revenue₹3.86b
Gross Profit₹3.68b
Other Expenses₹3.04b
Earnings₹634.69m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)20.63
Gross Margin48.81%
Net Profit Margin8.43%
Debt/Equity Ratio25.1%

How did MTARTECH perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/26 15:55
End of Day Share Price 2026/05/26 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MTAR Technologies Limited is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAsian Markets Securities Private Limited
Gaurav NagoriAvendus Spark
Renu Baid PugaliaIIFL Research