Mtar Technologies Ltd. · NSE:MTARTECH
Mtar Technologies — Q4 FY26 Earnings Presentation
25 slides from Mtar Technologies's earnings presentation, May 13, 2026
Slide 1: MTAR Technologies Limited
MTAR Technologies Limited Please click here for corporate video Investor Presentation – May 2026
Slide 2: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by MTAR Technologies Limited (the “Company’), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any sec
Slide 3: A leader in critical and differentiated engineered products
A leader in critical and differentiated engineered products Order Book Position New Product Development and Expansion Plans Q4 FY26 Financial Performance Working Capital Management
Slide 4: Record Order Inflows Driving a Strong Order Book
Record Order Inflows Driving a Strong Order Book Receipt of New Orders in FY 26 Order book Build-Up (Rs. in Crs) • Received highest order inflows of Rs. 2453.3 Crs in FY 26 • Secured orders worth Rs. 481.6 Crs across various 294.6 2,581.9 481.6 2,394.9 sectors during Q4 FY26. Diversified Order Book
Slide 5: New Customers added over the past 2-3 years
New Customers added over the past 2-3 years MNC Aerospace Clean Energy – Data Center Infrastructure Solutions Updates The company has received Rs. 35 Crs of orders from SLB Clean Energy – Hydro to supply components and Power, Wind Energy assemblies for data center and Others infrastructure solutions
Slide 6: New Product Development in Aerospace
New Product Development in Aerospace Delivered first articles. Volume production is in progress for engine components and other products Volume production underway for storage boxes Successfully completed the design and development of the load-bearing structure – Z Adapter for Thales Alenia Space Fi
Slide 7: Structural Assemblies for Aerospace
Structural Assemblies for Aerospace • Received order for Main Landing Gear Support Structure Test Box assembly for AMCA program • The company is participating in various other tenders of structural assemblies for fighter jet programs • Significant orders are expected for actuator assemblies for LCA
Slide 8: Expansion Plans – Setting Up New Facility to Augment the Capacities in Clean Energy
Expansion Plans – Setting Up New Facility to Augment the Capacities in Clean Energy • The Company is in the process of expanding its capacities in a phased manner, in line with customer requirements to support the growing demand 8
Slide 9: Setting Up of Green Field Facility for Oil & Gas
Setting Up of Green Field Facility for Oil & Gas • The company is in the process of setting up a greenfield facility in Oil & Gas to cater to the requirements of Weatherford and other customers in Oil & Gas • The facility is expected to be commissioned by September’ 26 9
Slide 10: Q4 & FY26 Financial Performance
Q4 & FY26 Financial Performance Revenues Revenues (Rs. (Rs. Crs) Crs) Gross Profit (Rs. Crs) EBIDTA (Rs. Crs) 52.3% 44.2% 49.4% 47.7% 18.7% 20.2% 17.9% 19.5% 876.2 417.8 676.0 334.1 171.2 120.9 306.1 135.4 61.8 183.1 95.7 34.2 Q4FY25 Q4FY26 FY25 FY26 Q4FY25 Q4FY26 FY25 FY26 Q4FY25 Q4FY26 FY25 FY26 P
Slide 11: Well-balanced Portfolio (1/2)
Well-balanced Portfolio (1/2) Revenue in Rs. Crs Clean Energy – Civil Nuclear Clean Energy – Fuel Cells, Aerospace & Defence Hydel & Others Power 8% 11% 3% 3% 2% 9% 7% 14% 12% 10% 77% 61% 62% 70% 71% 61.9 103.8 615.4 93.2 43.8 441.7 416.9 64.5 58.7 351.2 23.6 217.3 18.4 31.4 7.0 FY23 FY24 FY25 FY26
Slide 12: Well-balanced Portfolio (2/2)
Well-balanced Portfolio (2/2) Revenue in Rs. Crs Products & Others Geographical Break-up 4% 19% 22% 15% 16% Domestic Export 147.5 17% 18% 134.1 108.3 50.1 83% 82% 23.7 Q4FY26 FY26 FY23 FY24 FY25 FY26 Q4FY26 12
Slide 13: Q4 FY26 Consolidated Profit & Loss Statement
Q4 FY26 Consolidated Profit & Loss Statement Particulars (Rs. Crs) Q4 FY26 Q4 FY25 Y-o-Y Q3 FY26 Q-o-Q FY26 FY25 Y-o-Y Revenue from Operations 306.1 183.1 67.2% 278.0 10.1% 876.2 676.0 29.6% Cost of Materials Consumed 165.0 95.7 163.9 503.5 349.5 Changes in Inventories 5.7 -8.3 -14.0 -45.1 -7.6 Gros
Slide 14: Consolidated Balance Sheet
Consolidated Balance Sheet EQUITY & LIABILITIES (Rs. Crs) Mar-26 Mar-25 ASSETS (Rs. Crs) Mar-26 Mar-25 Equity Share Capital 30.8 30.8 Property, Plant and Equipment 497.2 436.1 Other Equity 791.8 698.2 Capital Work-in-progress 34.4 53.2 Total Equity 822.6 728.9 Right-of-use assets 15.0 0.0 Financial
Slide 15: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (Rs in Cr) 31-Mar-26 31-Mar-25 Operating profit before working capital changes 179.8 123.6 Changes in working capital 41.9 -8.9 Cash generated from operations 221.7 114.7 Direct taxes paid (net of refund) -24.8 -13.4 Net Cash from Operating Activities (A)
Slide 16: Working Capital Management
Working Capital Management Net Working Capital (in Days) Particulars (Days) Q4FY26 Q3FY26 300 274 267 266 Receivables 140 134 250 200 Inventory 208 210 172 157 161 150 146 128 RM 120 105 110 105 100 84 88 WIP 88 105 50 0 Jun-25 Sep-25 Dec-25 Mar-26 Payables 100 106 Other than WIP WIP Total Working C
Slide 17: Annexure
Annexure
Slide 18: A leader in critical and differentiated engineered products
A leader in critical and differentiated engineered products Historical Profit & Loss Consolidated Balance Sheet Abridged Cash Flow Statement Performance in Charts Capital Disciplined Approach
Slide 19: Historical Consolidated Profit & Loss Statement
Historical Consolidated Profit & Loss Statement Particulars (Rs. Crs) FY26 FY25 FY24 FY23 Revenue from Operations 876.2 676.0 580.8 573.8 Cost of Materials Consumed 503.5 349.5 318.4 315.6 Changes in Inventories of Finished Goods and Work in Progress -45.1 -7.6 -16.0 -46.1 Gross Profit 417.8 334.1 2
Slide 20: Historical Balance Sheet – Equity & Liabilities
Historical Balance Sheet – Equity & Liabilities EQUITY & LIABILITIES (Rs. Crs) Mar-26 Mar-25 Mar-24 Mar-23 Equity Share Capital 30.8 30.8 30.8 30.8 Other Equity 791.8 698.2 645.6 589.4 Total Equity 822.6 728.9 676.3 620.1 Financial Liabilities (i) Borrowings 147.7 81.1 97.0 77.7 (ii) Lease liabiliti
Slide 21: Historical Balance Sheet - Assets
Historical Balance Sheet - Assets ASSETS (Rs. Crs) Mar’26 Mar’25 Mar’24 Mar-23 Property, Plant and Equipment 497.2 436.1 339.8 290.2 Capital Work-in-progress 34.4 53.2 72.9 64.4 Right-of-use assets 15.0 0.0 0.0 0.0 Intangibles Assets 2.1 2.5 0.7 0.8 Financial Assets (i) Investments 0.0 0.0 0.0 0.0 (
Slide 22: Abridged Consolidated Cash Flow Statement
Abridged Consolidated Cash Flow Statement Net Cash Flow from Operating Particulars (Rs in Cr) 31-Mar-26 31-Mar-25 31-Mar-24 31-Mar-23 Activates CFO/Revenue from Operation 196.9 Operating profit before working capital changes 179.8 123.6 115.8 168.8 25.3% Changes in working capital 41.9 -8.9 -37.2 -1
Slide 23: Performance in Charts
Performance in Charts Revenues (Rs. Crs) EBITDA (Rs. Crs) PAT (Rs. Crs) +4% -3% +15% 876.2 171.2 103.4 154.0 94.0 676.0 120.9 573.8 580.8 112.7 56.6 53.4 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Gross Profit Margins (%) EBITDA Margins (%) PAT Margins (%) 53.0% 49.4% 26.8% 18.0% 47
Slide 24: Capital Disciplined Growth
Capital Disciplined Growth RoCE* (%) RoE# (%) Debt to Equity (x) 19.9% 18.2% 0.45 17.2% 12.1% 0.28 10.6% 0.24 0.23 9.7% 8.7% 7.7% Mar-23 Mar-24 Mar-25 Mar-26 Mar-23 Mar-24 Mar-25 Mar-26 Mar-23 Mar-24 Mar-25 Mar-26 *RoCE = EBIT/Avg. Capital Employed #RoE = Net Profit/Avg. Total Equity Capital Employe
Slide 25: Thank You
Thank You MTAR Technologies Limited CIN: L72200TG1999PLC032836 Ms. Srilekha Jasthi – Head, Strategy & Investor Relations +91 76740 21818 srilekha@mtar.in Mr. Parth Patel Parth.patel@in.mpms.mufg.com Ms. Vidhi Vasa MUFG Intime India Private Limited Vidhi.vasa@in.mpms.mufg.com A part of MUFG Corporate