MTAR Technologies Shares Rise 10% to Record High Following ₹2,279 Crore Order Win

MTAR Technologies Shares Reach Record High After Securing ₹2,278.96 Crore Order

MTAR Technologies' shares surged by almost 10% to reach an all-time high in intraday trade on the BSE on Thursday, 14 May. The company's share price opened at ₹7,202 against its previous close of ₹6,749.15, jumping 9.7% to a record high of ₹7,404.95.

The defence stock experienced a significant jump following the announcement of a major order win by the company. According to an exchange filing on 14 May, MTAR Technologies has secured a purchase order valued at $238.76 million at an exchange rate of ₹95.50, translating to ₹2,278.96 crore. The company stated that the order is in continuation of regular business from an existing customer, an international entity, and cannot disclose the customer's name due to confidentiality reasons.

MTAR Technologies' Q4 Results Show Significant Growth

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On 12 May, MTAR Technologies released its Q4FY26 results, which showed a substantial increase in profit after tax (PAT) and revenue from operations. The company's PAT stood at ₹44.3 crore, up 222.3% year-on-year (YoY), while revenue from operations jumped 67.2% YoY to ₹306.1 crore. EBITDA also saw a significant increase, rising by 80.9% YoY to ₹61.8 crore.

For the full year FY26, PAT rose by 76.2% YoY to ₹94 crore, while revenue saw a 29.6% increase YoY to ₹876.2 crore. EBITDA at ₹171.2 crore rose by 41.7% YoY.

Management's Outlook

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According to Parvat Srinivas Reddy, Managing Director and promoter of MTAR Technologies, the company witnessed a remarkable year marked by robust revenue growth and the highest ever inflow of orders. Reddy stated that the company continues to focus on high-growth sectors and expects a strong inflow of orders in FY27 across its key business verticals. Backed by strong execution capabilities, expanding capacities, and favourable industry trends, the company remains confident of sustaining its growth momentum in the years ahead.