MTAR Technologies Limited

NSEI:MTARTECH Stock Report

Market Cap: ₹206.0b

MTAR Technologies Valuation

Is MTARTECH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MTARTECH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: Insufficient data to calculate MTARTECH's future cash flow value for valuation analysis.

Significantly Below Future Cash Flow Value: Insufficient data to calculate MTARTECH's future cash flow value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MTARTECH?

Key metric: As MTARTECH is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for MTARTECH. This is calculated by dividing MTARTECH's market cap by their current revenue.
What is MTARTECH's PS Ratio?
PS Ratio23.5x
Sales₹8.76b
Market Cap₹206.04b

Price to Sales Ratio vs Peers

How does MTARTECH's PS Ratio compare to its peers?

The above table shows the PS ratio for MTARTECH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average6.2x
506076 Grindwell Norton
7.4x11.33%₹227.3b
522113 Timken India
6.9x13.22%₹239.1b
ELGIEQUIP Elgi Equipments
4.6x11.42%₹180.3b
500249 KSB
5.9x14.36%₹160.0b
MTARTECH MTAR Technologies
23.5x45.14%₹206.0b

Price-To-Sales vs Peers: MTARTECH is expensive based on its Price-To-Sales Ratio (23.5x) compared to the peer average (6.2x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does MTARTECH's PS Ratio compare vs other companies in the IN Machinery Industry?

16 CompaniesPrice / SalesEstimated GrowthMarket Cap
500219 Jain Irrigation Systems
0.4xn/aUS$235.67m
505737 International Combustion (India)
0.5xn/aUS$14.89m
539219 Mauria Udyog
0.3xn/aUS$12.29m
SCML Sharp Chucks and Machines
0.4xn/aUS$10.76m
MTARTECH 23.5xIndustry Avg. 2.5xNo. of Companies34PS0246810+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: MTARTECH is expensive based on its Price-To-Sales Ratio (23.5x) compared to the Indian Machinery industry average (2.5x).

Price to Sales Ratio vs Fair Ratio

What is MTARTECH's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MTARTECH PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio23.5x
Fair PS Ratio22.6x

Price-To-Sales vs Fair Ratio: MTARTECH is expensive based on its Price-To-Sales Ratio (23.5x) compared to the estimated Fair Price-To-Sales Ratio (22.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MTARTECH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹6,698.50
₹7,358.25
+9.85%
31.40%₹10,007.00₹3,650.00n/a4
Jul ’27₹7,790.00
₹7,358.25
-5.54%
31.40%₹10,007.00₹3,650.00n/a4
Jun ’27₹7,069.50
₹7,358.25
+4.08%
31.40%₹10,007.00₹3,650.00n/a4
May ’27₹6,457.10
₹4,629.00
-28.31%
18.44%₹6,000.00₹3,650.00n/a4
Apr ’27₹3,603.60
₹4,257.25
+18.14%
10.00%₹4,810.00₹3,650.00n/a4
Mar ’27₹3,806.80
₹4,257.25
+11.83%
10.00%₹4,810.00₹3,650.00n/a4
Feb ’27₹3,086.20
₹3,489.25
+13.06%
7.98%₹3,900.00₹3,200.00n/a4
Jan ’27₹2,395.50
₹3,165.00
+32.12%
5.96%₹3,325.00₹2,900.00n/a3
Dec ’26₹2,574.90
₹3,165.00
+22.92%
5.96%₹3,325.00₹2,900.00n/a3
Nov ’26₹2,548.10
₹2,006.00
-21.27%
6.51%₹2,190.00₹1,900.00n/a3
Oct ’26₹1,898.60
₹2,006.00
+5.66%
6.51%₹2,190.00₹1,900.00n/a3
Sep ’26₹1,445.90
₹1,979.33
+36.89%
7.60%₹2,190.00₹1,848.00n/a3
Aug ’26₹1,427.90
₹1,926.00
+34.88%
10.68%₹2,190.00₹1,688.00n/a3
Jul ’26₹1,590.50
₹1,942.67
+22.14%
10.55%₹2,190.00₹1,688.00₹7,790.003
Jun ’26₹1,640.80
₹1,942.67
+18.40%
10.55%₹2,190.00₹1,688.00₹7,069.503
May ’26₹1,421.30
₹1,842.00
+29.60%
16.86%₹2,190.00₹1,436.00₹6,457.103
Apr ’26₹1,344.20
₹1,710.50
+27.25%
22.77%₹2,100.00₹1,321.00₹3,603.602
Mar ’26₹1,287.90
₹1,710.50
+32.81%
22.77%₹2,100.00₹1,321.00₹3,806.802
Feb ’26₹1,606.85
₹1,706.00
+6.17%
23.09%₹2,100.00₹1,312.00₹3,086.202
Jan ’26₹1,673.65
₹1,688.00
+0.86%
24.41%₹2,100.00₹1,276.00₹2,395.502
Dec ’25₹1,787.65
₹1,638.00
-8.37%
22.10%₹2,000.00₹1,276.00₹2,574.902
Nov ’25₹1,675.80
₹1,638.00
-2.26%
22.10%₹2,000.00₹1,276.00₹2,548.102
Oct ’25₹1,732.15
₹1,688.00
-2.55%
24.41%₹2,100.00₹1,276.00₹1,898.602
Sep ’25₹1,826.30
₹1,688.00
-7.57%
24.41%₹2,100.00₹1,276.00₹1,445.902
Aug ’25₹1,887.75
₹1,793.00
-5.02%
28.83%₹2,310.00₹1,276.00₹1,427.902
Jul ’25₹1,842.20
₹1,833.00
-0.50%
30.39%₹2,390.00₹1,276.00₹1,590.502
₹7.36k
Fair Value
9.0% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/15 19:20
End of Day Share Price 2026/07/15 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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 7 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