MTAR Technologies Sets Bold FY26 Ebitda Goals Amid Robust Order Books

In the relentless world of precision engineering, MTAR Technologies is setting ambitious financial targets that hinge on their robust order book. With Managing Director (MD) Parvat Srinivas Reddy charting the course, the firm is aiming for an impressive Ebitda margin of 21% in FY26.

Eyeing Ebitda Success

According to MD Parvat Srinivas Reddy, MTAR Technologies is steering toward a 21% Ebitda margin by the year’s end, bolstered by an order book anticipated to swell to a staggering Rs 1,500 to 2,000 crore. As stated in NDTV Profit, the company is banking on year-on-year revenue growth of 25% in FY26 and an ambitious 30% thereafter. Reddy expresses confidence that these objectives align with strategic expansions and capacity building.

Strategic Growth Targets

MTAR is navigating through a Rs 930-crore order book with plans to execute around Rs 800 crore by FY26. The nuclear business stands as a key contributor, with expectations of fetching over Rs 1,000 crore in the near term. Reddy emphasizes that growth will not merely be numerical but strategic, investing in capacity expansions aligned with sectoral demands, particularly in newer verticals like oil and gas.

Capitalizing on Capacity

Reddy outlines a forward-thinking strategy, highlighting MTAR’s proficiency in building dedicated facilities. This is evident from its recent ventures into aerospace and defense, with current segments already enjoying sufficient capacity.

Commitment to Innovation

At the heart of MTAR’s operations lies innovation, a quality that has been integral for decades. Reddy underscores this, pointing out the company’s involvement with multinational clients and government sectors in defense and space, ensuring a leading edge in product development and partnerships.

Market Reaction

Despite the day’s market fluctuations, with shares dipping by 2.48% to Rs 1,550.9 on the NSE, the long-term trajectory for MTAR Technologies remains solidly upward, reflecting a robust strategic foundation and resilient financial planning.

With these bold initiatives and strategic investments, MTAR Technologies poisedly positions itself as a leader in the precision engineering landscape, committed to propelling significant Ebitda margins and continued growth.