StockWatch
·
Filing
Q3

MTAR Technologies Ltd

MTARTECHFY2629 Jan 2026
Revenue+105.0%
Net Profit+717.2%
OPM21.68%

P&L

Quarterly Consolidated

Revenue
+105.0%277.96
Expenditure
+72.5%230.48
Net Profit
+717.2%34.69
NPM 12.37%+305.6%EPS ₹11.28+717.4%

vs Q2 FY26

MTAR Technologies Reports Q3 FY 26 Revenue of Rs. 278 Crs with 59.3% YoY Growth and EBITDA of Rs. 64 Crs with 92.5% YoY Growth

29 Jan 2026 · 29 Jan, 9:52 pm

Summary

MTAR Technologies Ltd, a leading manufacturer engaged in manufacturing and development of mission critical precision engineered systems catering to Clean Energy — Civil Nuclear Power, Fuel Cells, Hydel & Others, Aerospace and Defence sectors, has announced its unaudited consolidated financial results for the third quarter ended December 31, 2025. The company reported a 59.3% YoY growth in revenue and a 92.5% YoY growth in EBITDA.

Key Highlights

  1. 1

    Revenue from Operations stood at Rs.278.0 Cr. in Q3 FY 26 as against Rs.174.5 Cr. in Q3 FY 25, 59.3% increase YoY

  2. 2

    EBITDA reported at Rs. 64.0 Cr. in Q3 FY 26 as compared to Rs. 33.3 Cr. in Q3 FY 25, 92.5% increase YoY

  3. 3

    Profit Before Tax stands at Rs. 46.1 Cr. in Q3 FY 26 as against Rs. 21.4 Cr. in Q3 FY 25, 115.2% increase YoY

  4. 4

    Profit After Tax was at Rs. 34.7 Cr in Q3 FY 26 as against Rs. 16.0 Cr. in Q3 FY 25, 117.3% increase YoY

  5. 5

    Revenue from Operations stood at Rs.278.0 Cr. in Q3 FY 26 as against Rs.135.6 Cr. in Q2 FY 26, 105.0% increase QoQ

  6. 6

    EBITDA reported at Rs. 64.0 Cr. in Q3 FY 26 as compared to Rs. 17.0 Cr. in Q2 FY 26, 276.6% increase QoQ

  7. 7

    Profit Before Tax stands at Rs. 46.1 Cr. in Q3 FY 26 as against Rs. 5.7 Cr. in Q2 FY 26, 712.6% increase QoQ

  8. 8

    Profit After Tax was at Rs. 34.7 Crin Q3 FY 26 as against Rs. 4.2 Cr. in Q2 FY 26, 717.2% increase QoQ

Management Comments

M

Mr. Parvat Srinivas Reddy

We recorded our highest-ever quarterly revenue in Q3, driven by strong operational performance. Our robust order book reflects strong industry tailwinds and structural growth in the Clean Energy — Fuel Cells, Civil Nuclear Power and Aerospace sectors. Margins are expected to improve sequentially over the coming quarters, supported by higher operating leverage and a favourable shift in the product mix towards volume-based production.

Informational and educational content only. Not investment advice.