Sharescart Research Club logo

MTAR Technologies Overview

MTAR Technologies Ltd, a precision engineering solutions organization, develops, manufactures, and sells project-vital precision assemblies and components in India and the world over. It operates thru 4 segments: Civil Nuclear Power, Space & Defence, Clean Energy, and Others. The employer offers fuels machining heads, bridges and columns, coolant channel assemblies, drive mechanisms, calandria vault pinnacle hatch cover beams and deck plate assemblies, and channel health evaluation structures, ball screws, and water lubricated bearings. It addi...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

MTAR Technologies Key Financials

Market Cap ₹19274 Cr.

Stock P/E 364.4

P/B 24.8

Current Price ₹6266

Book Value ₹ 253.2

Face Value 10

52W High ₹6772.7

Dividend Yield 0%

52W Low ₹ 1350.3

MTAR Technologies Share Price

₹ | |

Volume
Price

MTAR Technologies Quarterly Price

Show Value Show %

MTAR Technologies Peer Comparison

MTAR Technologies Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 167 118 143 128 190 174 183 157 136 278
Other Income 1 0 0 1 1 3 0 1 4 2
Total Income 168 119 143 129 192 178 183 157 139 280
Total Expenditure 131 95 125 112 153 141 149 128 119 214
Operating Profit 37 24 19 17 38 36 34 29 21 66
Interest 5 6 6 5 5 6 6 6 6 8
Depreciation 6 6 6 6 8 9 10 8 9 9
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -4
Profit Before Tax 26 13 7 6 25 21 19 15 6 46
Provision for Tax 5 2 2 2 7 5 5 4 1 11
Profit After Tax 20 10 5 4 19 16 14 11 4 35
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 20 10 5 4 19 16 14 11 4 35
Adjusted Earnings Per Share 6.7 3.4 1.6 1.4 6.1 5.2 4.5 3.5 1.4 11.3

MTAR Technologies Profit & Loss

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 184 214 246 322 574 581 676 754
Other Income 2 4 1 9 19 6 5 7
Total Income 186 218 248 331 593 587 681 759
Total Expenditure 130 156 163 228 420 468 555 610
Operating Profit 56 62 84 103 173 119 126 150
Interest 4 5 7 7 15 22 22 26
Depreciation 11 12 13 14 19 23 32 36
Exceptional Income / Expenses 1 0 0 0 0 0 0 -4
Profit Before Tax 42 46 65 82 140 73 72 86
Provision for Tax 2 14 19 21 37 17 19 21
Profit After Tax 39 31 46 61 103 56 53 64
Adjustments 0 0 0 0 0 0 0 0
Profit After Adjustments 39 31 46 61 103 56 53 64
Adjusted Earnings Per Share 13.9 11.7 15 19.8 33.6 18.2 17.2 20.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 16% 28% 26% 0%
Operating Profit CAGR 6% 7% 15% 0%
PAT CAGR -5% -5% 11% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 341% 50% 47% NA%
ROE Average 8% 11% 12% 13%
ROCE Average 11% 15% 16% 17%

MTAR Technologies Balance Sheet

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 235 225 477 520 620 676 729
Minority's Interest 0 0 0 0 0 0 0
Borrowings 0 0 7 26 78 97 81
Other Non-Current Liabilities 1 8 13 17 24 27 30
Total Current Liabilities 69 114 89 165 342 208 290
Total Liabilities 305 346 586 728 1063 1008 1130
Fixed Assets 162 155 167 196 291 341 439
Other Non-Current Assets 32 20 21 68 76 102 74
Total Current Assets 111 172 399 463 697 565 618
Total Assets 305 346 586 728 1063 1008 1130

MTAR Technologies Cash Flow

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 9 11 14 180 60 12 39
Cash Flow from Operating Activities 30 56 9 -30 7 57 101
Cash Flow from Investing Activities -23 -12 -22 -145 -87 -56 -103
Cash Flow from Financing Activities -6 -41 180 54 32 25 -36
Net Cash Inflow / Outflow 2 3 167 -121 -47 27 -37
Closing Cash & Cash Equivalent 11 14 180 60 12 39 2

MTAR Technologies Ratios

# Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 13.89 11.7 14.98 19.79 33.62 18.24 17.19
CEPS(Rs) 17.88 16.21 19.06 24.44 39.69 25.77 27.67
DPS(Rs) 5 3 6 3 0 0 0
Book NAV/Share(Rs) 83.29 84.11 154.99 168.97 201.61 219.88 236.98
Core EBITDA Margin(%) 29.25 27.12 33.71 29.32 26.84 19.41 17.88
EBIT Margin(%) 25.05 23.52 29.15 27.6 26.98 16.42 13.87
Pre Tax Margin(%) 22.62 21.3 26.31 25.53 24.44 12.58 10.59
PAT Margin (%) 21.34 14.65 18.69 18.9 18.03 9.66 7.82
Cash Profit Margin (%) 27.46 20.29 23.79 23.35 21.28 13.65 12.59
ROA(%) 12.85 9.62 9.88 9.26 11.55 5.42 4.95
ROE(%) 16.68 13.61 13.13 12.22 18.15 8.66 7.53
ROCE(%) 17.45 19.42 19.21 16.02 22.45 11.69 10.57
Receivable days 100.19 95.66 102.88 120.87 109.54 111.56 96.21
Inventory Days 81.62 99.48 131.82 154.65 177.13 230.72 187.28
Payable days 39.68 92.39 148.71 144.11 186.41 169.41 89.97
PER(x) 0 0 68.37 88.34 47.03 92.29 74.5
Price/Book(x) 0 0 6.61 10.35 7.84 7.66 5.41
Dividend Yield(%) 0 0 0.59 0.17 0 0 0
EV/Net Sales(x) 0.25 0.15 12.07 16.79 8.67 9.16 6.07
EV/Core EBITDA(x) 0.83 0.52 35.26 52.4 28.69 44.88 32.55
Net Sales Growth(%) 0 16.39 15.28 30.67 78.18 1.22 16.4
EBIT Growth(%) 0 9.28 42.84 23.72 74.18 -38.4 -1.68
PAT Growth(%) 0 -20.11 47.09 32.15 69.89 -45.74 -5.75
EPS Growth(%) 0 -15.76 27.96 32.15 69.89 -45.74 -5.75
Debt/Equity(x) 0.12 0.13 0.04 0.18 0.23 0.28 0.24
Current Ratio(x) 1.6 1.51 4.46 2.8 2.04 2.72 2.13
Quick Ratio(x) 1.01 0.85 3.31 1.77 0.91 1.05 0.94
Interest Cover(x) 10.32 10.58 10.26 13.37 10.63 4.27 4.23
Total Debt/Mcap(x) 0 0 0.01 0.02 0.03 0.04 0.05

MTAR Technologies Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 37.26 37.26 36.42 36.42 31.42 31.77 31.65 31.41 30.6 30.44
FII 11.02 10.57 7.75 7.81 7.01 6.74 7.57 9.2 12.24 17.31
DII 18.97 18.07 15.95 17.28 23.17 24.4 23.52 24.8 29.96 27.66
Public 32.75 34.1 39.88 38.49 38.4 37.1 37.27 34.58 27.2 24.59
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

MTAR Technologies News

MTAR Technologies Pros & Cons

Pros

  • Debtor days have improved from 169.41 to 89.97days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 30.44%.
  • Company has a low return on equity of 11% over the last 3 years.
  • Stock is trading at 24.8 times its book value.
whatsapp