The latest surge comes after the company secured Rs 467.30 crore order from an international company. The company said it is unable to disclose the customer’s name due to confidentiality obligations. It added that the order is a continuation of regular business from an existing customer.
As per the execution timeline, 50% of the order value is scheduled to be completed by March 20, 2027, while the remaining 50% is expected to be executed by June 20, 2027, MTAR said in a regulatory filing.
This is the company’s second order win in quick succession. Last week, MTAR announced it bagged an order worth Rs 2,279 crore from an international company. The renewed buying also stems from robust FY27 growth guidance following an impressive Q4 earnings.
In the Q4 earnings call, the management of MTAR Technologies said the outlook for the next financial year remains highly positive, supported by strong confidence in the execution of the current order book. The company said it has revised its FY27 revenue growth guidance upward from 50% to more than 80%, with a possible variation of 5%, while expecting margins of around 24% for the year.
The management attributed the stronger outlook primarily to the initial expansion of capacities in the clean energy segment, which has already been commissioned. It added that the oil and gas plant is expected to be commissioned by the end of September and become fully operational thereafter.
According to the company, the nuclear and aerospace businesses are also expected to contribute significantly higher revenues in FY27, driven by the execution of nuclear projects backed by a strong order book and the commencement of volume production in the aerospace division for certain customers.The Hyderabad-based precision engineering company posted a consolidated net profit of Rs 44.28 crore for the March quarter, sharply higher than Rs 13.72 crore reported in the same period last year, reflecting a growth of about 223%.
Revenue from operations for the quarter rose nearly 67% to Rs 306 crore from Rs 183 crore a year earlier. The increase was mainly driven by higher product sales, which rose to Rs 303 crore from Rs 179 crore in the corresponding quarter last year.
For the full year FY26, the company reported consolidated net profit of Rs 94.03 crore, compared with Rs 52.89 crore in FY25, translating into growth of close to 78%. Annual revenue from operations rose 31% to Rs 876.21 crore from Rs 675.99 crore in the previous financial year.
MTAR Technologies shares have witnessed a sharp rally this year, turning into a multibagger with gains of nearly 244% in 2026 so far.
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