Summary

MTAR Technologies announced strong financial results for the fourth quarter and fiscal year ended March 31, 2026. For FY26, Revenue from Operations increased by 29.6% year-on-year to ₹876.2 crore, while Profit After Tax grew by 76.2% to ₹94.0 crore. The fourth quarter demonstrated robust performance, with revenues at ₹306.1 crore, marking a 67.2% year-on-year rise, and Profit After Tax soaring by 222.3% to ₹44.3 crore. Management characterized the year as 'phenomenal' with record order inflows, expressing confidence in sustained growth momentum and anticipating sequential margin improvements from higher operating leverage and an optimized product mix.

Key Highlights

1. 1

   MTAR Technologies recorded a 29.6% year-on-year increase in Revenue from Operations, reaching ₹876.2 crore for the fiscal year ended March 31, 2026.

2. 2

   Profit After Tax for FY26 saw a substantial growth of 76.2% year-on-year, amounting to ₹94.0 crore.

3. 3

   For the fourth quarter of FY26, Revenue from Operations grew impressively by 67.2% year-on-year to ₹306.1 crore.

4. 4

   Q4 FY26 Profit After Tax surged by an exceptional 222.3% year-on-year, standing at ₹44.3 crore.

5. 5

   EBITDA for FY26 increased by 41.7% to ₹171.2 crore, and Q4 FY26 EBITDA grew by 80.9% to ₹61.8 crore.

6. 6

   The company reported its highest-ever inflow of orders and anticipates a strong order inflow in FY27 across its key business verticals.

7. 7

   Management expects sequential improvement in margins over the coming quarters due to higher operating leverage and a favourable shift in product mix.