MTAR Technologies has reported a robust fiscal year 2026, driven by record order inflows of Rs. 2,453.3 Crs. The company achieved a strong order book of Rs. 2,581.9 Crs as of March 31, 2026. Financial performance for the year showed significant growth, with annual revenues climbing to Rs. 876.2 Crs, while strategic expansion in clean energy and oil & gas facilities continues to position the company for long-term growth.
Fiscal Year 2026 Financial Highlights
MTAR Technologies concluded FY26 with total revenue of Rs. 876.2 Crs, marking a significant increase from Rs. 676.0 Crs in FY25. The annual profit for the year stood at Rs. 94.0 Crs compared to Rs. 53.4 Crs in the previous year. For the fourth quarter (Jan-Mar 2026), the company recorded a revenue of Rs. 306.1 Crs and a profit of Rs. 44.3 Crs, reflecting substantial operational scaling.
Record Order Inflows and Diversification
The company secured its highest-ever order inflows during FY26, totaling Rs. 2,453.3 Crs. As of March 31, 2026, the total order book stands at Rs. 2,581.9 Crs. This portfolio is well-diversified, with 51.2% of orders concentrated in Clean Energy (Fuel Cell, Hydel & Others), followed by 26.3% in Clean Energy (Civil Nuclear Power), 14.0% in Aerospace & Defence, and 8.5% in Products & Others.
Strategic Expansion and New Business
MTAR continues to deepen its market presence by adding marquee customers across sectors. Notably, the company secured Rs. 35 Crs in new orders from SLB for data center infrastructure solutions. In the aerospace domain, volume production is underway for key clients including GKN Aerospace and Thales, while the company has successfully completed the design of a load-bearing structure for Thales Alenia Space.
Capital Infrastructure Development
To support sustained demand, MTAR is actively expanding its operational footprint. The company is currently setting up a new greenfield facility dedicated to the Oil & Gas sector, specifically to cater to clients like Weatherford, with commissioning expected by September 2026. Additionally, capacity expansion for the Clean Energy segment is ongoing in a phased manner to align with rising customer requirements.
Source: BSE
