MTAR Tech shares jump 5% after ₹386 crore clean energy order win

Shares of MTAR Technologies Ltd. gained 5% on Wednesday, September 10, after the company announced fresh international orders worth $43.87 million (₹386.06 crore) in the clean energy segment.Of the total orders, projects worth $23.28 million (₹204.86 crore) are slated for execution by Q4 FY26, while $20.59 million (₹181.20 crore) will be delivered by Q1 FY27.

MTAR Technologies also indicated that it expects additional business from the fuel cells segment going forward.

As of June 30, 2025, the company’s order book stood at ₹930.2 crore, with the following segmental mix:Clean Energy – Civil Nuclear Power: 16.6%

Clean Energy – Fuel Cell, Hydel & Others: 47.6%

Aerospace & Defence: 30%

Products & Others: 5.8%

MTAR Technologies reported its June quarter results, which were higher on a year-on-year basis.

The company’s net profit more than doubled from last year to ₹14.8 crore, while its revenue increased by 22.3% on a year-on-year basis to ₹156.5 crore.

Earnings Before Interest, Tax, Depreciation increased by 72% on a year-on-year basis to ₹28.4 crore, while margins expanded by 500 basis points to 18%.

MTAR Tech has guided for revenue growth in financial year 2026 to be at 25% and margins to be at 21%. The management had also expressed confidence in its last interaction in May, that it will achieve its full-year guidance.