MTAR Technologies Limited

NSEI:MTARTECH Stock Report

Market Cap: ₹51.6b

MTAR Technologies Balance Sheet Health

Financial Health criteria checks 5/6

MTAR Technologies has a total shareholder equity of ₹7.0B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are ₹10.5B and ₹3.5B respectively. MTAR Technologies's EBIT is ₹698.4M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹120.7M.

Key information

26.3%

Debt to equity ratio

₹1.84b

Debt

Interest coverage ratio4.2x
Cash₹120.72m
Equity₹7.00b
Total liabilities₹3.50b
Total assets₹10.50b

Recent financial health updates

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

Feb 15
MTAR Technologies (NSE:MTARTECH) Has A Somewhat Strained Balance Sheet

Recent updates

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

Nov 26
MTAR Technologies (NSE:MTARTECH) Could Be Struggling To Allocate Capital

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

Nov 02
MTAR Technologies Limited (NSE:MTARTECH) Just Reported, And Analysts Assigned A ₹1,688 Price Target

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

Aug 16
MTAR Technologies Limited Just Missed Revenue By 7.8%: Here's What Analysts Think Will Happen Next

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

Jun 05
Analysts Are More Bearish On MTAR Technologies Limited (NSE:MTARTECH) Than They Used To Be

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

Jun 02
Earnings Miss: MTAR Technologies Limited Missed EPS By 29% And Analysts Are Revising Their Forecasts

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

Feb 15
MTAR Technologies (NSE:MTARTECH) Has A Somewhat Strained Balance Sheet

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

Nov 16
MTAR Technologies Limited (NSE:MTARTECH) Analysts Are Reducing Their Forecasts For This Year

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

Sep 01
The Trend Of High Returns At MTAR Technologies (NSE:MTARTECH) Has Us Very Interested

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

Jul 14
Here's Why MTAR Technologies (NSE:MTARTECH) Has Caught The Eye Of Investors

Returns Are Gaining Momentum At MTAR Technologies (NSE:MTARTECH)

Mar 26
Returns Are Gaining Momentum At MTAR Technologies (NSE:MTARTECH)

Earnings Tell The Story For MTAR Technologies Limited (NSE:MTARTECH) As Its Stock Soars 32%

Jul 06
Earnings Tell The Story For MTAR Technologies Limited (NSE:MTARTECH) As Its Stock Soars 32%

Financial Position Analysis

Short Term Liabilities: MTARTECH's short term assets (₹5.8B) exceed its short term liabilities (₹2.4B).

Long Term Liabilities: MTARTECH's short term assets (₹5.8B) exceed its long term liabilities (₹1.1B).

Debt to Equity History and Analysis

Debt Level: MTARTECH's net debt to equity ratio (24.5%) is considered satisfactory.

Reducing Debt: MTARTECH's debt to equity ratio has increased from 12.6% to 26.3% over the past 5 years.

Debt Coverage: MTARTECH's debt is well covered by operating cash flow (77.6%).

Interest Coverage: MTARTECH's interest payments on its debt are well covered by EBIT (4.2x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 01:57
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

MTAR Technologies Limited is covered by 8 analysts. 2 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
Renu Baid PugaliaIIFL Research
Sandeep TulsiyanJM Financial Institutional Securities Limited